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6671 Covington Hwy
Lithonia, GA 30058
Retail Property For Sale
PROPERTY FACTS
- 277 ft on Covington Hwy
- 268 ft on Dekalb Medical Pky
Amenities
- Drive Thru
- Car Charging Station
About 6671 Covington Hwy , Lithonia, GA 30058
Property tours are available by appointment. Please contact the listing broker to schedule a tour. Investment Highlights: Located within the Atlanta MSA Investment grade rated tenant (S&P: BBB) Drive-thru Pharmacy Excellent visibility and convenient access Over 68,300 people living within a three mile radius of the property Positioned at a signalized intersection along the primary east-west thoroughfare in the area (22,930 VPD) Retailers located in the immediate area include Kroger, ALDI, AutoZone, Wells Fargo Bank, Dollar General, Family Dollar, Sonic Drive-In and Papa John's Close proximity to DeKalb Medical at Hillandale, a fully licensed emergency care hospital with 100-beds, and Miller Grove High School, the largest high school in the County Investment Overview: The Boulder Group is pleased to exclusively market for sale a single tenant net leased Walgreens property located within the Atlanta MSA in Lithonia, Georgia. The property is strategically located at a signalized intersection in a retail corridor. The Walgreens features a drive-thru and has excellent visibility along both thoroughfares. There are three years remaining on the Walgreens lease. Walgreens Walgreens is the largest drug retailing chain in the United States with over 8,175 locations in the United States. The 15,120 square foot Walgreens is strategically positioned on the southeast corner of Covington Highway and DeKalb Medical Parkway. The intersection experiences traffic counts in excess of 22,930 vehicles per day. Retailers located in the immediate area include Kroger, ALDI, AutoZone, Wells Fargo Bank, Dollar General, Family Dollar, Sonic Drive-In and Papa John's. The property is also less than one-mile from DeKalb Medical at Hillandale, a fully licensed emergency care hospital with 100-beds, and Miller Grove High School, the largest high school in DeKalb County. There are over 68,300 people living within a three mi le radius of the property. Walgreens has three years remaining on their lease which expires June 30, 2021 and features eight 5-year renewal option periods. Walgreens is publicly traded on the Nasdaq Stock Market (symbol: WBA) with a market capitalization in excess of $88 billion. Both Walgreen Co. and Walgreens Boots Alliance, Inc. are investment grade rated each with a Standard & Poor's rating of BBB.
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PROPERTY TAXES
Parcel Number | 16-089-02-024 | Improvements Assessment | $2,699,238 |
Land Assessment | $336,420 | Total Assessment | $3,035,658 |
PROPERTY TAXES
Listing ID: 12125672
Date on Market: 2018-04-03
Last Updated:
Address: 6671 Covington Hwy, Lithonia, GA 30058
The Retail Property at 6671 Covington Hwy, Lithonia, GA 30058 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.
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