1400 Park Hill Dr., Gainesville, GA
Deal Type:
Net Lease
Cap Rate:
Current Rent:
Lease Term:
5% per option years
Landlord Responsibilities:
Lease Expiration Date:
Approx. 15.5 years
Renewal Options:
6, 5-year options
Building Sq. Ft.:
10,921 SF
Rent Increases:
5% per option
Site Size:
2.46 acres

Investment Highlights

  • Absolute NNN Lease Structure: 15+ years remaining with no landlord responsibilities providing passive ownership
  • Investment Grade Credit: The lease is guaranteed by CVS Health Corp. which has a credit rating of BBB/Stable with S&P
  • Low Rent: Annual rental rate is well below the national average for similar drug store assets available
  • Historical Tenancy: The tenant has occupied the property for 20+ years showing a commitment to the local customer base
  • Location: Positioned at a signalized hard corner in a growing market outside of Atlanta with average household incomes of $76,600 within 3 miles

Listing Agents

Connor Shell

Managing Director
407 913 9009
[email protected]

Graham Gold

Vice President
314 324 8792
[email protected]

Broker of Record: Dean Copans, GA Lic. #430314

Download Offering Memorandum

Please enter your first name, last name, email address and phone number in the text boxes. Please also indicate whether you are a Buyer or Broker. Once the form is submitted the offering memorandum will be emailed to you.

    Are you a buyer or broker?

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.


    Request Due Diligence Access

    Please fill out and submit the form below to request access to due diligence for this property. If you agree with the terms of the NDA, please check the "Approve NDA" box and submit. By submitting this form, you agree to the Terms and Conditions of the Confidentiality Agreement.

    If you would like to modify the NDA, please download the Word version, make your changes, and attach the revised version to the form or email it to [email protected].

    Once we receive your NDA, we will contact you with login information.

    View/Download NDA in Word format

      If you have made changes to the Word version of the NDA, please attach it here

      This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

      View All Listings