961 Highway 20 81 - Freestanding FOR SALE


McDonough, GA 30253
$4,156,000 USD
214-560-6900
961 Highway 20 81, McDonough, GA for Sale
$4,156,000 USD
Freestanding - FOR SALE
1/8
null | 8.75% Cap Rate

961 Highway 20 81
McDonough, GA 30253


HIGHLIGHTS

  • Signalized, Hard Corner Intersection | High Traffic Area | Excellent Visibility & Access | Drive-Thru Equipped
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • McDonough Marketplace | South Point Shopping Center
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The Walgreens is currently subleased to Popshelf and has over 3 years of term remaining • The asset is located at the signalized, hard-corner intersection of Industrial Blvd and Highway 81, with an average of 22,400 VPD, providing multiple points of egress and ingress • The site benefits from excellent visibility from a major thoroughfare and access to Interstate 75, which sees 147,000 VPD, increasing consumer traffic

FOR SALE DETAILS

PRICE

$4,156,000 USD

PRICE/SF

$282 USD /SF

CAP RATE

8.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens (Subleased to Popshelf)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

63

LAND DETAILS

LAND ACRES

3.69 AC

LAND SF

160,736 SF

ZONING

C2

APN/PARCEL ID

0093-01-012-002

ASK ABOUT THIS PROPERTY

Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

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Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

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