Drug Store with Absolute NNN
For Sale
Contact for pricing
4398 Atlanta Hwy, Loganville, GA 30052
Operating Walgreens location backed by a corporate guarantee and no landlord responsibilities.
Property Size14,490 SF
Days on Market143
Property Features for 4398 Atlanta Hwy
General Information
Standard status
Active
Size
14,490 SF
Property subtype
Retail
Net Operating Income
$420,000
Additional Details
Cap Rate
6.15%
Corner Location
Yes
Building Details
Tenancy
Single
Listing Agency:
Fortis Net Lease
(248) 419-3810
Listed By:
Bryan Bender · License #MI 6501319610
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 8:48AM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
The property is an operating Walgreens drug store comprising 14,490 SF. It is subject to a 25-year absolute NNN lease, with no landlord responsibilities identified in the lease structure. Walgreens Corporation provides the corporate guarantee and carries a BBB credit rating, classified as investment grade. The lease began in August 2006 and includes ten five-year renewal options.
Located at 4398 Atlanta Hwy in Loganville, Georgia, the store occupies the signalized intersection of Atlanta Highway and Main Street. Atlanta Highway reports 33,613 cars per day, while Main Street reports 5,929 cars per day. The five-mile population exceeds 75,500, and the one-mile average household income exceeds $67,900 per year. Five-mile population growth is reported at 7.16%.
Located at 4398 Atlanta Hwy in Loganville, Georgia, the store occupies the signalized intersection of Atlanta Highway and Main Street. Atlanta Highway reports 33,613 cars per day, while Main Street reports 5,929 cars per day. The five-mile population exceeds 75,500, and the one-mile average household income exceeds $67,900 per year. Five-mile population growth is reported at 7.16%.
Key Highlights
- 14,490 SF Walgreens drug store
- 25‑year absolute NNN lease with no landlord responsibilities
- Walgreens Corporation guarantee with BBB investment‑grade credit rating
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,000
Businesses Nearby
245k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Groceries 25%
Shops & Services 16%
Apparel 5%
Publix
Groceries
42,457 visits/mo
0.4 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
21,937 visits/mo
0.2 miles
Ingles
Groceries
19,972 visits/mo
0.5 miles
Wendy's
Dining
19,171 visits/mo
0.3 miles
Chili's Grill & Bar
Dining
17,918 visits/mo
0.2 miles
Demographics for 30052, GA
74,442
Population
26,768
Households
2.8
Avg Household Size
37
Median Age
31%
College-Educated
91%
High-School Grad
88.9 sq mi
ZIP Area
837
Density / Sq Mi
$90,567
Median Household Income
$43,034
Median Earnings
$1,749
Median Rent
$325,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Drug store - Operating Walgreens location backed by a corporate guarantee and no landlord responsibilities.
Where is this drug store located?
The property is located at 4398 Atlanta Hwy Loganville, GA.
What are key features of this property?
This property features: 14,490 SF Walgreens drug store; 25‑year absolute NNN lease with no landlord responsibilities; Walgreens Corporation guarantee with BBB investment‑grade credit rating
