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Walgreens | 11343 US Highway 319 N

11343 US-319, Thomasville, GA 31757
Available Now
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FOR SALERetail / Pharmacy
Cap Rate
6%
NOI
$330,000
Building Size
14,550SF
APN
045-293-A
Lot Size
2.32Ac
Year Built
2008
Listing Contacts
Investment Sales Broker & Owner

More property details

Parking Info
55 Spaces (6.11 Spaces per 1000 SF Leased)
Zoning
Commercial
Occupancy
100%
Tenancy
Single Tenant
Currently Leased
No
Building FAR
0.14
Property Class
A
No of Buildings
1
No of Stories
1

Location

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Walgreens | 11343 US Highway 319 N
About the location

I am pleased to present this investment opportunity featuring a freestanding Walgreens in Thomasville, the county seat of Thomas County with a population exceeding 46,000. Strategically positioned on the hard corner of Highway 319 North and E. Jackson Street, the property benefits from traffic counts of more than 28,000 vehicles per day at the intersection. The 14,550-square-foot building sits on 2.32 acres and has operated at this location since opening on August 1, 2008. The property is secured by a 25-year initial NNN lease term expiring July 31, 2033, followed by ten additional five-year renewal options. The investment offers annual rental income of $330,000 ($27,500 monthly) and is priced at $5,500,000, reflecting a 6% cap rate—an attractive, long-term net-leased opportunity in a strong retail corridor.

Walgreens | 11343 US Highway 319 N
14,550 SF · retail · United States · GA