400 S Liberty St - Drug Store FOR SALE
Waynesboro, GA 30830 |
400 S Liberty St
Waynesboro, GA 30830
HIGHLIGHTS
- PASSIVE LEASE STRUCTURE – TENANT RESPONSIBLE FOR ALL CAM, TAXES, INSURANCE, ROOF, STRUCTURE & PARKING LOT
- 50 BPTS HIGHER YIELD, 20% LOWER PRICE POINT & 10% BELOW SAME STORE AVERAGE RENTS VS AVERAGE MARKET COMPARABLES
- HIGHLY VISIBLE, SIGNALIZED INTERSECTION THAT EXPERIENCES APPROXIMATELY 14,000 VPD
- LOCATED ADJACENT TO BURKE HEALTH COMMUNITY HOSPITAL
- LONG LEASE TERM REMAINING: 10+ YEARS LEFT ON ORIGINAL LEASE WITH OPTIONS TO RENEW
- INVESTMENT-GRADE CREDIT TENANT: NYSE (WBA) BBB RATING & RANKED #18 BY FORTUNE 500
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Walgreens | 10 Years | 6.50% Cap Rate | NNN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Freestanding, Storefront
TOTAL BUILDING SIZE
13650
STORIES
1
YEAR BUILT
2008
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
W11-053
