1602 N Expressway - Drug Store FOR SALE
Griffin, GA 30223 |
1602 N Expressway
Griffin, GA 30223
HIGHLIGHTS
- Tenant has 13.6-years remaining on an absolute NNN lease structure with minimal landlord responsibilities and 5% rent bumps every 5 years
- Surrounding population of 49,000+ residents within a 5-mile radius
- The asset ranks in the 81st percentile of Walgreens stores in the state of Georgia (per Placer.ai)
- The property benefits from exposure to 49,300 VPD along Martin Luther King Blvd (N Expwy) and McIntosh Rd
- Adjacent to Griffin Crossing and North Griffin Square, which rank in the 99th and 78th percentile of community shopping centers in Georgia
- Property is situated on a large ~1.94-acre site approximately 35 miles south of downtown Atlanta
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
14725
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
068-04-001
