Drug Store Absolute Net
For Sale
Contact for pricing
2060 GA Highway 40 East, Kingsland, GA 31548
For sale drug store under an absolute net lease with a newly extended 15-year term.
Property Size14,809 SF
Price / SF$246.34
Days on Market62
Property Features for 2060 GA Highway 40 East
General Information
Standard status
Active
Size
14,809 SF
Total Parking Spaces
68
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$237,120
Building Details
Year Built
2008
Buildings
1
Tenancy
Single
Listing Agency:
Berkeley Capital Advisors Charlotte
Listed By:
Ransome Foose · License #NC 280948
Source:
Crexi
Added: Jun 11
Changed: Aug 8
Last Checked: Aug 10 at 12:15PM
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 Berkeley Capital Advisors Charlotte
Investment Insights
Based on property information with market context.
This property is a drug store storefront offered for sale with a newly extended 15-year lease term. The lease is structured as an absolute net lease, placing operating cost responsibility on the tenant per the lease terms. The property comprises 14,809 square feet.
The asset is located at 2060 GA Highway 40 East in Kingsland, GA 31548, providing straightforward highway access from the surrounding roadway network.
For buyers seeking a long-term, single-tenant retail investment, this offering combines a drug store use with an absolute net lease and a newly announced 15-year extension. The current structure can appeal to investors who prefer to underwrite based primarily on lease duration and tenant obligations rather than property-level operational variables.
The asset is located at 2060 GA Highway 40 East in Kingsland, GA 31548, providing straightforward highway access from the surrounding roadway network.
For buyers seeking a long-term, single-tenant retail investment, this offering combines a drug store use with an absolute net lease and a newly announced 15-year extension. The current structure can appeal to investors who prefer to underwrite based primarily on lease duration and tenant obligations rather than property-level operational variables.
Key Highlights
- Drug store property built in 2008
- Absolute net lease with a newly extended 15‑year term
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 31548, GA
22,359
Population
9,516
Households
2.3
Avg Household Size
35
Median Age
20%
College-Educated
92%
High-School Grad
62.7 sq mi
ZIP Area
357
Density / Sq Mi
$77,913
Median Household Income
$46,048
Median Earnings
$1,144
Median Rent
$225,500
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 - For sale drug store under an absolute net lease with a newly extended 15-year term.
Where is this drug store located?
The property is located at 2060 GA Highway 40 East Kingsland, GA.
What is the asking price?
The asking price for this property is $3,648,000.
What are key features of this property?
This property features: Drug store property built in 2008; Absolute net lease with a newly extended 15‑year term
