7530 Roswell Rd
Atlanta, GA 30350

Existing financing is assumable allowing for a safe and simple closing process for a buyer. Current debt is set to mature in 2024 and has a current balance of $2,902,180 at an 4.58% interest rate. Current monthly debt service is $16,366 and cash flow after debt service is $12,550/month or $150,600 annually allowing for a 7.95% cash on cash return. The loan is 100% non-recourse and there is a 1% assumption fee payable by the buyer. We are pleased to present for sale the opportunity to acquire the Walgreens property located in Sandy Springs, GA. This lease has approximately 7 years remaining and operates on an absolute net lease basis with 10 (5-year) options to extend. Income guaranteed by Walgreens corporation which has an investment grade credit rating of BBB (S&P) and is a top 20 Fortune 500 company with approximately 9,800 locations. Perimeter Center is one of Atlanta's largest business districts which contains ±29,000,000 square feet of office space, ±6,000,000 of retail space and includes Perimeter Mall, an ±1,500,000 square foot enclosed regional shopping center anchored by Macy's, Nordstrom, Van Maur and Dillard's. There are three major companies headquartered within an approximate 5-mile radius of the subject property Mercedes-Benz USA (1,400 employees), Cox Communications (20,000 employees), and United Parcel Service (480,000 employees). Located in area with ±231,042 residents in a 5-mile radius and an affluent average household income of $125,178 within a 5-mile radius. The property is located near the intersection of Roswell Road (±32,400 VPD) and Dalrymple Road (±7,590 VPD) with a combined traffic count of ±39,900 vehicles per day. US-19 is located 0.8 miles east of the subject property with traffic counts of ±186,000 vehicles per day. The subject property is located in a suburb 18 miles north of downtown Atlanta, Georgia and is part of the Atlanta Metropolitan Statistical Area. This MSA is the largest in the state of Georgia and the ninth largest in the United States with over 6.5 million residents.