1402 Boone St - Drug Store FOR SALE


Kingsland, GA 31548
$2,282,609 USD
404-635-8859
1402 Boone St, Kingsland, GA for Sale
$2,282,609 USD
Drug Store - FOR SALE
1/3
null | 5.75% Cap Rate

1402 Boone St
Kingsland, GA 31548


HIGHLIGHTS

  • Lowe's Outparcel
  • Proximity to Medical Centers
  • Absolute NNN Ground Lease
  • Premier Location with Proximity to Major Economic Drivers
  • Dense Demographic Base
  • Lack of Competition

OVERVIEW

Northmarq, on behalf of ownership, is pleased to offer for sale to qualified investors the Ground Lease interest in this CVS Pharmacy located at 1402 Boone St, Kingsland, GA 31548 (the “Property”). There are ± 4 years remaining on CVS’ Absolute NNN Ground lease with no landlord responsibilities. The Property is located within Kingsland, GA as an outparcel to Lowe’s Home Improvement. The Property is directly adjacent to a Peachtree Immediate Care and less than 2.5 miles from a 40-bed emergency hospital. This is the only CVS property within Kingsland, GA and benefits from a dense demographic base within a 5-mile radius.

FOR SALE DETAILS

PRICE

$2,282,609 USD

PRICE/SF

$191 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.83 AC

LAND SF

79,715 SF

ZONING

001

APN/PARCEL ID

108 003B

ASK ABOUT THIS PROPERTY

Jason PowellNorthmarqMore Info
404-635-8859

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Jason PowellNorthmarqMore Info
404-635-8859

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