Walgreens Absolute NNN
For Sale
Contact for pricing
567 Veterans Pkwy, Barnesville, GA 30204
Lease obligations continue through October 2032, with no landlord responsibilities under the absolute NNN structure.
Property SizeContact for details
Days on Market146
Property Features for 567 Veterans Pkwy
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
SRS Real Estate Partners McLean
Listed By:
Andrew Fallon · License #PA RSR006585
(202) 286-1542
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 1:03AM
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 McLean
Investment Insights
Based on property information with market context.
This Walgreens property is subject to an absolute NNN fee simple lease, with the tenant remaining obligated through October 2032 despite the store having closed on February 28, 2017. The lease assigns no landlord responsibilities and has 15 years remaining. Walgreens is identified as an investment-grade tenant with NASDAQ: WBA and an S&P: BBB rating.
The property occupies the signalized intersection of US 41, Burnette Road, and Rose Avenue in Barnesville. Combined traffic at the intersection exceeds 17,800 VPD. The site is adjacent to Lamar County High School, Middle School, and Elementary School, and is positioned within a retail corridor that includes CVS, Ingles Supermarket, Wendy’s, AutoZone, Dollar General, Fred’s Pharmacy, and Family Dollar.
Barnesville is described as a university town with Gordon State College enrollment exceeding 5,000 students. The property is part of the Atlanta MSA, approximately 1 hour from Atlanta and 30 miles from Macon.
The property occupies the signalized intersection of US 41, Burnette Road, and Rose Avenue in Barnesville. Combined traffic at the intersection exceeds 17,800 VPD. The site is adjacent to Lamar County High School, Middle School, and Elementary School, and is positioned within a retail corridor that includes CVS, Ingles Supermarket, Wendy’s, AutoZone, Dollar General, Fred’s Pharmacy, and Family Dollar.
Barnesville is described as a university town with Gordon State College enrollment exceeding 5,000 students. The property is part of the Atlanta MSA, approximately 1 hour from Atlanta and 30 miles from Macon.
Key Highlights
- Absolute NNN fee simple lease with no landlord responsibilities
- Walgreens lease obligation continues through October 2032
- 15 years remaining on the lease
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
Demographics for 30204, GA
12,816
Population
5,651
Households
2.3
Avg Household Size
39
Median Age
21%
College-Educated
90%
High-School Grad
125.3 sq mi
ZIP Area
102
Density / Sq Mi
$61,852
Median Household Income
$36,518
Median Earnings
$908
Median Rent
$173,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Lease obligations continue through October 2032, with no landlord responsibilities under the absolute NNN structure.
Where is this nnn property located?
The property is located at 567 Veterans Pkwy Barnesville, GA.
What are key features of this property?
This property features: Absolute NNN fee simple lease with no landlord responsibilities; Walgreens lease obligation continues through October 2032; 15 years remaining on the lease
