634 N Church St - Retail FOR SALE


Thomaston, GA 30286
$3,987,778 USD
332-345-4206
634 N Church St, Thomaston, GA for Sale
$3,987,778 USD
Retail - FOR SALE
1/3
null | 6.75% Cap Rate

634 N Church St
Thomaston, GA 30286


HIGHLIGHTS

  • Corporate Guarantee
  • Drive-Thru Convenience
  • Passive Ownership Structure
  • Retail Corridor Positioning

OVERVIEW

Surmount is pleased to present the exclusive listing for a Walgreens located at 634 N Church St, Thomaston, GA. The site consists of roughly 14,550 rentable square feet of building space on an estimated 1.29-acre parcel of land. This Walgreens is subject to a 15-year Triple Net (NNN) lease, which commenced 2/22/2024. The current annual rent is $269,175 and has scheduled increases of 5.00% every 5 years.

FOR SALE DETAILS

PRICE

$3,987,778 USD

PRICE/SF

$313 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.29 AC

LAND SF

56,192 SF

ZONING

C2

APN/PARCEL ID

T20-183

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.