Drive-Through Drug
For Sale
Contact for pricing
1638 Highway 138 SE, Jonesboro, GA 30236
Corporate-guaranteed NN lease with approximately four years remaining and landlord responsibilities limited to roof and structure.
Property SizeContact for details
Days on Market145
Property Features for 1638 Highway 138 SE
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Traffic Count
23,800 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Chicago
(312) 279-5345
Listed By:
Sean Lutz · License #IL 475132482
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 11:36AM
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 SRS Real Estate Partners Chicago
Investment Insights
Based on property information with market context.
This fee-simple drug store property includes the land and building, along with an existing drive-through. The Walgreens lease is corporate guaranteed and structured as NN, with landlord obligations limited to the roof and structure. The tenant is currently dark but continues to pay rent, with approximately 4 years remaining on the lease.
The property occupies the signalized corner of Walt Stephens Road and Stockbridge Road in Jonesboro, directly across from the State Highway 138 on/off ramps. Combined traffic at the intersection is reported at 23,800 VPD, while the highway ramps account for 16,800 VPD. Clayton County International Park is approximately 2 miles east, and nearby national and credit retailers include ALDI, Kroger, Advance Auto Parts, Dollar General, CVS Pharmacy, and Family Dollar.
The surrounding 5-mile trade area includes more than 174,000 residents and reports an average household income of $60,800. The site is positioned within adjacent residential communities and the Atlanta MSA.
The property occupies the signalized corner of Walt Stephens Road and Stockbridge Road in Jonesboro, directly across from the State Highway 138 on/off ramps. Combined traffic at the intersection is reported at 23,800 VPD, while the highway ramps account for 16,800 VPD. Clayton County International Park is approximately 2 miles east, and nearby national and credit retailers include ALDI, Kroger, Advance Auto Parts, Dollar General, CVS Pharmacy, and Family Dollar.
The surrounding 5-mile trade area includes more than 174,000 residents and reports an average household income of $60,800. The site is positioned within adjacent residential communities and the Atlanta MSA.
Key Highlights
- Fee‑simple ownership of the land and building
- Corporate‑guaranteed NN lease with approximately 4 years remaining
- Drive‑through‑equipped Walgreens property; tenant is dark but continues paying rent
Property Analytics
Property Profile
Current Use
Lease Details
23,800 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
124
Businesses Nearby
16k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar Tree
Shops & Services
15,935 visits/mo
0.1 miles
Demographics for 30236, GA
50,446
Population
19,230
Households
2.6
Avg Household Size
36
Median Age
22%
College-Educated
84%
High-School Grad
32.4 sq mi
ZIP Area
1,557
Density / Sq Mi
$68,867
Median Household Income
$36,501
Median Earnings
$1,233
Median Rent
$219,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Bright Akpaka — 1638 GA-138 E, Jonesboro, GA 302363800
- Andrew Igbokwe — 1638 GA-138 E, Jonesboro, GA 302363800
- Rite Aid Pharmacy — 1638 GA-138 S.E, Jonesboro, GA 30236
Frequently Asked Questions
What type of property is this?
Drug store - Corporate-guaranteed NN lease with approximately four years remaining and landlord responsibilities limited to roof and structure.
Where is this drug store located?
The property is located at 1638 Highway 138 SE Jonesboro, GA.
What are key features of this property?
This property features: Fee‑simple ownership of the land and building; Corporate‑guaranteed NN lease with approximately 4 years remaining; Drive‑through‑equipped Walgreens property; tenant is dark but continues paying rent
