Triple-Net Walgreens Retail
For Sale
Contact for pricing
585 Dekalb Industrial Way, Decatur, GA 30033
Walgreens retail building offered on an absolute triple-net lease with scheduled annual rent increases.
Property Size15,715 SF
Lot Size3.22 Acres
Days on Market132
Property Features for 585 Dekalb Industrial Way
General Information
Standard status
Active
Size
15,715 SF
Lot size
3.22 Acres
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 6:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT
Investment Insights
Based on property information with market context.
NNN Pro Group presents an exclusive listing for a Walgreens located at 585 Dekalb Industrial Way in Decatur, Georgia. The property includes approximately 15,715 rentable square feet of building space on an estimated 3.22-acre parcel. The building is subject to a 15-year absolute triple-net (NNN) lease that commenced February 23, 2023.
The lease provides for an annual rent of $313,600 with scheduled increases of 5% every five years throughout the base term and in each of the 12, five-year renewal options.
The lease provides for an annual rent of $313,600 with scheduled increases of 5% every five years throughout the base term and in each of the 12, five-year renewal options.
Key Highlights
- Walgreens at 585 Dekalb Industrial Way, Decatur, GA, on a 15‑year absolute triple‑net (NNN) lease
- Approximately 15,715 rentable SF retail building on an estimated 3.22‑acre parcel
- Lease commenced February 23, 2023; current annual rent is $313,600
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,237
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30033, GA
33,189
Population
15,164
Households
2.2
Avg Household Size
37
Median Age
71%
College-Educated
95%
High-School Grad
8.8 sq mi
ZIP Area
3,771
Density / Sq Mi
$107,647
Median Household Income
$62,976
Median Earnings
$1,752
Median Rent
$430,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drug store - Walgreens retail building offered on an absolute triple-net lease with scheduled annual rent increases.
Where is this drug store located?
The property is located at 585 Dekalb Industrial Way Decatur, GA.
What are key features of this property?
This property features: Walgreens at 585 Dekalb Industrial Way, Decatur, GA, on a 15‑year absolute triple‑net (NNN) lease; Approximately 15,715 rentable SF retail building on an estimated 3.22‑acre parcel; Lease commenced February 23, 2023; current annual rent is $313,600
