Griffin, GA Walgreens For
1602 N Expy, Griffin, GA 30223
Single-tenant Walgreens with 12 years remaining on NNN lease.
Type:Retail
Property size:
14,515 SFPrice / SF:
$284/SF- Added:
- Feb 23, 2026
- Days on Market:
- 78
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 1602 N Expy
General Information
- Standard status
- Active
- Size
- 14,515 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2010
Listing agent Marc Mandel License #NJ
Listing office Forged Real Estate
Listing date Feb 23, 2026
Source Crexi
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 Forged Real Estate
HighLights
- Triple‑net (NNN) lease with approximately 12 years remaining offers passive, hands‑off ownership and a stable income stream.
- 5% rental increase every five years starting in 2028 provides built‑in income growth.
- High‑traffic location at a signalized intersection of N. Expressway (US‑41) and McIntosh Road with approximately 49,500 vehicles per day.
- Strong Walgreens store performance ranks in the 72nd percentile of Walgreens stores in Georgia.
- Located within the Atlanta MSA benefiting from strong regional demographics and ongoing residential growth.
- Excellent accessibility and visibility with three points of ingress/egress and a drive‑thru pharmacy.
Overview
This single-tenant Walgreens property is located in Griffin, Georgia, approximately 35 miles south of downtown Atlanta. The property is under a fee simple, triple-net (NNN) lease with approximately 12 years remaining. The lease includes a 5% rental increase in March 2028 and every five years thereafter. The property is positioned at the intersection of N. Expressway (US-41) and McIntosh Road, with a combined traffic count of approximately 49,500 vehicles per day. It features three points of ingress and egress, visibility, and a drive-thru pharmacy. This location ranks in the 72nd percentile of Walgreens stores in Georgia and is supported by retail anchors including a Kroger and Walmart Supercenter. Located within the Atlanta MSA, the property benefits from regional demographics and residential growth, with over 400 new apartment units recently delivered or under development within a three-mile radius. The property size is 14,515 square feet. Walgreens is a drugstore operator, with approximately 8,000 locations nationwide and a presence in healthcare services.
Location Intelligence
Current Use by Public Records
Walgreens
Pharmacy
Walgreens Pharmacy
Pharmacy
Walgreens Photo
(Bike/Boat/Book/etc) Store
Western Union
Bank
FedEx OnSite
Postal Service
Similar Places Nearby
- Christopher Wilson, PharmD — 1378 Experiment St, Griffin, GA 30223
- GNC — 1424 N Expy, Griffin, GA 30223
- Walmart Pharmacy — 1569 N Expy, Griffin, GA 30223
- Phillip Smith — 1569 N Expy, Griffin, GA 302231746
- Sara Khajehei — 1569 N Expy, Griffin, GA 302231746
Location Insight
- Map
- Local Demand
- City
- Griffin
- County
- Spalding
- State
- Georgia
- Longitude
- -84.290123
- Latitude
- 33.274806
Nearby Similar for Sale
FAQs
What type of property is this?
Drug store - Single-tenant Walgreens with 12 years remaining on NNN lease.
Where is this drug store located?
The property is located at 1602 N Expy Griffin, GA.
What is the asking price?
The asking price for this property is $4,124,000.
What are key features of this property?
This property features: Triple‑net (NNN) lease with approximately 12 years remaining offers passive, hands‑off ownership and a stable income stream.; 5% rental increase every five years starting in 2028 provides built‑in income growth.; High‑traffic location at a signalized intersection of N. Expressway (US‑41) and McIntosh Road with approximately 49,500 vehicles per day.
