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Drug Store

Walgreens | 4 Locations | Must be Purchased as a Portfolio

684 W Bankhead Hwy, Villa Rica, GA 30180

Listing Price: $28,500,000

Cap Rate
5.25%
Tenant Name
Walgreens
Years Remaining On Lease
11.9
Guarantor
Corporate Guarantee
Rentable SF
13,650
Lease Type
Absolute Net
Rent Per Square Feet
$109.52

Investment Overview

Villa Rica is a city in Georgia’s Carroll and Douglas counties, located within the Atlanta metropolitan area. The city is conveniently located on Interstate 20, 35 miles west of downtown Atlanta and 114 miles east of downtown Birmingham, Alabama. Rich in art, culture, and history, Villa Rica is also one of the fastest growing cities in Georgia.

Investment Highlights

  • Situated in Villa Rica Crossing Shopping Center, Outparcel to Food Depot
  • This Deal is Part of a Portfolio of Four Walgreens – All Listings in the Portfolio Must be Purchased Together
  • Absolute Triple-Net (NNN) Corporate Lease with Walgreens
  • 12 Years Remaining on Lease Term
  • 122,666 Residents within a 10-Mile Radius - Growing Villa Rica Trade Area in the Atlanta MSA
  • Hard Corner Location at the Intersection of Industrial Boulevard and Bankhead Highway (Over 39,200 Cars Per Day)

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Drug Store

Walgreens | 4 Locations | Must be Purchased as a Portfolio

Listing Price: $28,500,000

Cap Rate
5.25%
Tenant Name
Walgreens
Years Remaining On Lease
11.9
Guarantor
Corporate Guarantee
Rentable SF
13,650
Lease Type
Absolute Net
Rent Per Square Feet
$109.52

Investment Highlights

  • Situated in Villa Rica Crossing Shopping Center, Outparcel to Food Depot
  • This Deal is Part of a Portfolio of Four Walgreens – All Listings in the Portfolio Must be Purchased Together
  • Absolute Triple-Net (NNN) Corporate Lease with Walgreens
  • 12 Years Remaining on Lease Term
  • 122,666 Residents within a 10-Mile Radius - Growing Villa Rica Trade Area in the Atlanta MSA
  • Hard Corner Location at the Intersection of Industrial Boulevard and Bankhead Highway (Over 39,200 Cars Per Day)

Investment Overview

Villa Rica is a city in Georgia’s Carroll and Douglas counties, located within the Atlanta metropolitan area. The city is conveniently located on Interstate 20, 35 miles west of downtown Atlanta and 114 miles east of downtown Birmingham, Alabama. Rich in art, culture, and history, Villa Rica is also one of the fastest growing cities in Georgia.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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