Walgreens Pharmacy Absolute
501 US HWY 84 Cairo, GA 39828
501 US HWY 84, Cairo, GA, 39828
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For Sale
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Corporately backed absolute net lease with 16 years remaining on a Walgreens pharmacy building completed in 2008.
Property Size14,550 SF
Lot Size2.31 Acres
Days on Market103
Property Features for 501 US HWY 84
General Information
- Standard status
- Active
- Size
- 14,550 SF
- Lot size
- 2.31 Acres
- Property subtype
- Retail
Listing agency
Alpha Real Estate Investment Advisors
Listed by
Jay Sloan · License #FL BK3336106
Source
Crexi
Added: Apr 10 Updated: Jul 21 at 5:37PM Checked: Jul 21 at 5:37PM
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Investment Insights
Based on property information with market context.
Walgreens Pharmacy is offered for sale on a 2.305-acre site. The 14,550-sf pharmacy building was completed in 2008 and is supported by a corporately backed Absolute Net lease. The original arrangement was structured as a 75-year lease with 25 years firm, and the asset currently has 16 years of firm term remaining with Walgreens Pharmacy.
The property is located on a busy artery at a four-way signalized intersection in Cairo, Georgia. The roadway carries approximately 20,000 VPD, and the site is within 1.5 miles of Grady General Hospital. It is also about one mile from Cairo High School and Eastside Elementary (combined enrollment of approximately 1,800). Nearby retailers include McDonald’s, Wal-Mart Super Center, Burger King, O’Reilly Auto Parts, Dollar Tree, Pizza Hut, Zaxby’s, and Rite Aid.
The property is located on a busy artery at a four-way signalized intersection in Cairo, Georgia. The roadway carries approximately 20,000 VPD, and the site is within 1.5 miles of Grady General Hospital. It is also about one mile from Cairo High School and Eastside Elementary (combined enrollment of approximately 1,800). Nearby retailers include McDonald’s, Wal-Mart Super Center, Burger King, O’Reilly Auto Parts, Dollar Tree, Pizza Hut, Zaxby’s, and Rite Aid.
Key Highlights
- Walgreens Pharmacy for sale at 501 US Hwy 84 in Cairo, GA on a 2.305‑acre site.
- 14,550 SF pharmacy building completed in 2008 with a corporately backed absolute net lease.
- 16 years of guaranteed absolute net lease term remaining.
Property Analytics
Location Intelligence
Current Use by Public Records
Drug stores
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FAQs
What type of property is this?
Drug store - Corporately backed absolute net lease with 16 years remaining on a Walgreens pharmacy building completed in 2008.
Where is this drug store located?
The property is located at 501 US HWY 84 Cairo, GA.
What are key features of this property?
This property features: Walgreens Pharmacy for sale at 501 US Hwy 84 in Cairo, GA on a 2.305‑acre site.; 14,550 SF pharmacy building completed in 2008 with a corporately backed absolute net lease.; 16 years of guaranteed absolute net lease term remaining.