Walgreens

101 S US 29 Hwy, Hogansville, GA
Deal Type:
Net Lease
Price:
$1,616,000
Cap Rate:
8.25%
Current Rent:
$133,350
Lease Type:
DoubleNet
Landlord Responsibilities:
Roof & Structure
Renewal Options:
6, Five-year
Building Sq. Ft.:
11,432 SF
Rent Increases:
See OM
Site Size:
1.00 Acres

Investment Highlights

  • Investment Grade Credit: Walgreens is an investment grade tenant, rated BBB- by Standard and Poor’s.
  • Long Term Control: Walgreens has 30+ years left of control over the site.
  • Market Dominant: Only pharmacy located within a 10 mile radius.
  • Strong MSA: Located within the Atlanta MSA, an affluent and rapidly expanding area.
  • Project Growth: Projected annual population growth of approximately 3.83% within seven miles over the next five years

Listing Agents

Connor Shell

Managing Director
407 913 9009
[email protected]

Jordan Koeppel

Senior Vice President
561 789 5504
[email protected]

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

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