Building Details

Tenancy Single

Listing Agency: The Kase Group j***@thekasegroup.com Show Phone

Listed By: Jeff Bracco · License #CA 01336201

Source: Crexi

Added: Apr 12 Changed: Aug 8 Last Checked: Aug 7 at 9:48AM

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Investment Insights

Based on property information with market context.

The subject property is a 14,342-square-foot Walgreens building leased to Walgreens (WBA) on an absolute NNN lease. The lease is corporately guaranteed and calls for zero landlord obligations, creating a true net lease structure for investors.

The property is located in Lake City, Georgia, approximately 11 miles from Downtown Atlanta. It sits near several established retailers, including Walmart, McDonald’s, Dollar General, Kroger, and others.

As a specialty retail asset with a long-term pharmacy tenant, the building provides a single-tenant NNN investment profile under an absolute net structure.

Key Highlights

• 14,342‑square‑foot building leased to Walgreens (WBA)
• Absolute NNN lease structure
• Lease is corporately guaranteed

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Skin Care Clinic Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%

Occupancy

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

289

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 30260, GA

27,864

Population

9,858

Households

2.8

Avg Household Size

34

Median Age

17%

College-Educated

78%

High-School Grad

10.9 sq mi

ZIP Area

2,556

Density / Sq Mi

$55,212

Median Household Income

$34,692

Median Earnings

$1,391

Median Rent

$189,800

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Similar Off Market Nearby

• Walmart Pharmacy — 6065 Jonesboro Rd, Morrow, GA 30260
• Walgreens Pharmacy — 5675 Jonesboro Rd, Lake City, GA 30260
• Angela Mcbride — 6065 Jonesboro Rd, Morrow, GA 302601168
• Khue Tran — 6065 Jonesboro Rd, Morrow, GA 302601168
• Judith Bongadu-Walker — 6065 Jonesboro Rd, Morrow, GA 302601168

Frequently Asked Questions

What type of property is this?

Drug store - A 14,342-square-foot Walgreens is leased on an absolute NNN basis with a corporate guarantee and zero landlord obligations.

Where is this drug store located?

The property is located at 5675 Jonesboro Rd Lake City, GA.

What are key features of this property?

This property features: 14,342‑square‑foot building leased to Walgreens (WBA); Absolute NNN lease structure; Lease is corporately guaranteed