585 Dekalb Industrial Way Decatur, GA 30033

Listing agency SURMOUNT g***@nnnpro.com Show Phone

Listed by Glen Kunofsky · License #NY 49KU1129178

Source Crexi

Added: Apr 11 Updated: Jul 21 at 6:33AM Checked: Jul 21 at 6:33AM

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Investment Insights

Based on property information with market context.

NNN Pro Group presents an exclusive listing for a Walgreens located at 585 Dekalb Industrial Way in Decatur, Georgia. The property includes approximately 15,715 rentable square feet of building space on an estimated 3.22-acre parcel. The building is subject to a 15-year absolute triple-net (NNN) lease that commenced February 23, 2023.

The lease provides for an annual rent of $313,600 with scheduled increases of 5% every five years throughout the base term and in each of the 12, five-year renewal options.

Key Highlights

• Walgreens at 585 Dekalb Industrial Way, Decatur, GA, on a 15‑year absolute triple‑net (NNN) lease
• Approximately 15,715 rentable SF retail building on an estimated 3.22‑acre parcel
• Lease commenced February 23, 2023; current annual rent is $313,600

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FAQs

What type of property is this?

Drug store - Walgreens retail building offered on an absolute triple-net lease with scheduled annual rent increases.

Where is this drug store located?

The property is located at 585 Dekalb Industrial Way Decatur, GA.

What are key features of this property?

This property features: Walgreens at 585 Dekalb Industrial Way, Decatur, GA, on a 15‑year absolute triple‑net (NNN) lease; Approximately 15,715 rentable SF retail building on an estimated 3.22‑acre parcel; Lease commenced February 23, 2023; current annual rent is $313,600