Walgreens

2414 Sylvester Rd., Albany, GA
Deal Type:
Net Lease
Price:
$3,127,272
Cap Rate:
8.25%
Current Rent:
$258,000
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 9 years
Building Sq. Ft.:
14,820 SF
Site Size:
3.54 Acres

Investment Highlights

  • Commitment: 9+ Years Remaining on the lease term.
  • Location: Property sits on a highly desirable 3.54 AC parcel at a signalized intersection seeing more than 23,700 vehicles per day.
  • Investment Grade Credit: Walgreens is rated BBB by S&P providing long term security.
  • High Visibility Store: Marine Corps Logistics Base Albany – 2,500+ Military or Employees (0.5 Miles South); Molson Coors Albany Brewery – 490+ Employees producing roughly 7M barrels a year (1 Mile North); Albany State University – 12,500+ Students (2.4 Miles West)
  • Strong Retail Trade Area: Neighboring retailers include Walmart, Autozone, McDonald’s, Hardee’s, Burger King and KFC
  • Southeast Sunbelt Trade Area: Job growth, weather, and economic stability are key drivers in YOY Population Growth
  • Drive-Thru Pharmacy: This serves as a convenience for customers picking up prescription medication

Listing Agents

Conner Shell

Managing Director
407 913 9009
[email protected]
John Woodcock Stream Capital Partners

John Woodcock

Vice President
503 853 6108
[email protected]

Jordan Shtulman

Managing Principal
847 226 4133
[email protected]

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







    X

    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