1401 Golden Springs Rd - Drug Store FOR SALE


Anniston, AL 36207
$3,774,600 USD
703-477-1315
1401 Golden Springs Rd, Anniston, AL for Sale
$3,774,600 USD
Drug Store - FOR SALE
1/6
null | 7.65% Cap Rate

1401 Golden Springs Rd
Anniston, AL 36207


HIGHLIGHTS

  • Absolute NNN Lease
  • 6.1 MSF of retail, 2.0 MSF of office, 5.7 MSF of industrial, 2,400 multifamily units and 1,514 hotel rooms within 5-miles
  • Proximate to I-20 Interchange

OVERVIEW

Walgreens is positioned with excellent access and visibility on a hard corner at the signalized intersection of Greenbrier Dear Road (10,995 VPD) and US-431 (24,995 VPD). Additionally, the property is located near the I-20 interchange, providing regional accessibility to Birmingham (64.3 miles west) and Atlanta (85 miles east). Originally set to expire in 2034, Walgreens’ absolute NNN lease was extended through 2038 and now features ±12.3 years of primary term remaining with eleven, 5-year options to renew.

FOR SALE DETAILS

PRICE

$3,774,600 USD

PRICE/SF

$277 USD /SF

CAP RATE

7.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens: Anniston, AL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

2.32 AC

LAND SF

101,059 SF

ZONING

C

APN/PARCEL ID

21-05-22-0-001-041.000

ASK ABOUT THIS PROPERTY

Thomas CarrCBREMore Info
703-477-1315

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Thomas CarrCBREMore Info
703-477-1315

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