11343 US Highway 319 N - Drug Store FOR SALE


Thomasville, GA 31757
$5,500,000 USD
256-520-5000
11343 US Highway 319 N, Thomasville, GA for Sale
$5,500,000 USD
Drug Store - FOR SALE
1/9
null | 6% Cap Rate

11343 US Highway 319 N
Thomasville, GA 31757


HIGHLIGHTS

  • Over 28,000 vehicles per day at the intersection
  • 25 year NNN lease with 10 - 5 year options
  • 2.32 acres

OVERVIEW

I am blessed to bring to market this Walgreens in Thomasville, Georgia. Thomasville is the county seat of Thomas County and has over 46,000 people. This store is at the north corner of Highway 319 N - E Jackson Street. There are over 28,000 vehicles per day at the intersection. The 14,550 square foot building sits on 2.32 acres. The store opened August 1, 2008 and the 25 year initial term lease expires on July 31, 2033. After the initial 25 year term NNN lease, it has an additional 10 - 5 year options. The yearly rental income is $330,000. The monthly rental income is $27,500. The CAP is 6% with a Sales Price of $5,500,000. Call me today for more information!

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$378 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

2.32 AC

LAND SF

101,059 SF

ZONING

Commercial

APN/PARCEL ID

045-293-A

ASK ABOUT THIS PROPERTY

Jonathan BroadwayLHT Commercial Real EstateMore Info
256-520-5000

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Jonathan BroadwayLHT Commercial Real EstateMore Info
256-520-5000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.