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Walgreens 2060 GA Highway 40 E

14,748 SF Retail Building Kingsland, GA 31548 $5,329,356 CAD ($361 CAD/SF) 6.25% Cap Rate

Drug Stores Georgia Kingsland 2060 GA Highway 40 E, Kingsland, GA 31548

Investment Highlights

  • Great visibility & access from signalized corner intersection | GA Highway 40 East & Kings Bay Rd | 36,000 VPD combined
  • Absolute Net Lease | Zero landlord responsibilities
  • Explosive population growth within 1 mile | 87.85% from 2010-2024
  • New 15-year lease extension | Showing tenant commitment to the site | Leased since 2008
  • Located inside of dense retail corridor | 1.3M SF within a 2-mile radius

Executive Summary

Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Walgreens in Kingsland, GA. We welcome your review of this attractive investment.

Property Facts

Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,748 SF
Building Class
B
Year Built
2008
Price
$5,329,356 CAD
Price Per SF
$361 CAD
Cap Rate
6.25%
NOI
$333,085 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Land Acres
1.59 AC
Zoning
002
Parking
68 Spaces (4.61 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

Links

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PROPERTY TAXES

Parcel Number 121 003J Improvements Assessment $776,302 CAD
Land Assessment $127,374 CAD Total Assessment $903,676 CAD

PROPERTY TAXES

Parcel Number
121 003J
Land Assessment
$127,374 CAD
Improvements Assessment
$776,302 CAD
Total Assessment
$903,676 CAD
(704) 379-1985

  • Listing ID: 33533780

  • Date on Market: 2024-10-16

  • Last Updated:

  • Address: 2060 GA Highway 40 E, Kingsland, GA 31548

The Retail Property at 2060 GA Highway 40 E, Kingsland, GA 31548 is currently available For Sale. Contact Berkeley Capital Advisors for more information.

Nearby Listings

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2060 GA Highway 40 E, Kingsland, GA for sale Primary Photo- Image 1 of 8
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2060 GA Highway 40 E, Kingsland, GA for sale Building Photo- Image 6 of 8
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Walgreens | 2060 GA Highway 40 E
(704) 379-1985 x

Walgreens | 2060 GA Highway 40 E

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Ransome Foose

(704) 379-1985

(704) 379-1985

Carl Brendes

(704) 714-2363

(704) 714-2363

Jake Zapata

(704) 943-3160

(704) 943-3160

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