1280 Gray Hwy - Drug Store FOR SALE


Macon-Bibb, GA 31211
$2,535,714 USD
619-297-0055
1280 Gray Hwy, Macon-Bibb, GA for Sale
$2,535,714 USD
Drug Store - FOR SALE
1/2
null | 14% Cap Rate

1280 Gray Hwy
Macon-Bibb, GA 31211


HIGHLIGHTS

  • Walgreens will continue paying rent through October 31 of 2027 ($562,083 Remaining Rent).
  • Walgreens is responsible for all building and property expenses.
  • Situated at the intersection of Gray Highway and Shurling Drive with combined traffic counts of 60,900 VPD.
  • Construction slated to begin Summer of 2026, the new Macon arena will replace the current Macon Coliseum.

OVERVIEW

Listed in conjunction with Brian Brockman, Bang Realty - Georgia Inc, 513-898-1551, wg@bangrealty.com, GA DRE Lic. 378952.

FOR SALE DETAILS

PRICE

$2,535,714 USD

PRICE/SF

$169 USD /SF

CAP RATE

14%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dark Walgreens | Abs NNN | ±61K VPD

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

64

LAND DETAILS

LAND ACRES

1.65 AC

LAND SF

71,874 SF

ZONING

HC

APN/PARCEL ID

R064-0232

ASK ABOUT THIS PROPERTY

Jason PongsrikulPharma Property Group- Drugstore SpecialistsMore Info
619-297-0055

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Jason PongsrikulPharma Property Group- Drugstore SpecialistsMore Info
619-297-0055

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