575 Dacula Rd - Drug Store FOR SALE


Dacula, GA 30019
$4,446,000 USD
332-345-4206
575 Dacula Rd, Dacula, GA for Sale
$4,446,000 USD
Drug Store - FOR SALE
1/2
null | 6% Cap Rate

575 Dacula Rd
Dacula, GA 30019


HIGHLIGHTS

  • Absolute NNN Lease with Rental Growth
  • Strong Corporate Guarantee
  • Growing Affluent Consumer Base

OVERVIEW

Surmount is pleased to present the exclusive listing for a Walgreens located at 575 Dacula Road, Dacula, Georgia 30019. The site consists of roughly 14820 rentable square feet of building space on an estimated 1.89-acre parcel of land. This Walgreens is subject to a 15-year Triple Net (NNN) lease, which commenced 2/23/2023. The current annual rent is $266,760 and has scheduled increases of 5.00% Every 5 Years.

FOR SALE DETAILS

PRICE

$4,446,000 USD

PRICE/SF

$299 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.89 AC

LAND SF

82,328 SF

ZONING

AA010, C2-GENERAL

APN/PARCEL ID

5-273-539

ASK ABOUT THIS PROPERTY

Russell WachtlerSurmountMore Info
332-345-4206

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

Russell WachtlerSurmountMore Info
332-345-4206

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