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Freestanding Walgreens Drug Store
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833 Forest Parkway, Forest Park, GA 30297

Single-tenant retail property at a signalized intersection with an extended double-net lease.

Property SizeContact for details
Days on Market145

Property Features for 833 Forest Parkway

General Information

Standard status Active
Property subtype Retail
Listing Agency: Newmark | Orange County - Irvine
Listed By: Matthew Berres · License #CA 01977909
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 1:54PM

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 Newmark | Orange County - Irvine

Investment Insights

Based on property information with market context.

This freestanding drug store is occupied by Walgreens as a single tenant and was recently converted from a Rite Aid location. The offering conveys the fee-simple interest in the property, which operates under a double-net lease with five years remaining.

The property is located at 833 Forest Parkway in Forest Park, Georgia, at the signalized intersection of Forest Parkway and Ash Street. The intersection records daily traffic exceeding 32,000 vehicles, providing a highly exposed setting. A recent lease extension is also in place.

Key Highlights

  • Freestanding, single‑tenant Walgreens drug store
  • Recently converted from a Rite Aid location
  • Double‑net lease with five years remaining

Property Analytics

Current Use

Thomas W. Simmons ... Pharmacy COVID-19 Drive-Thru Testing ... Pharmacy ImmunoTek Plasma Medical Clinic Rite Aid (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Storage Facility Garden Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

827
Businesses Nearby
Well-served
Demand for This Use

Demographics for 30297, GA

29,669
Population
11,438
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
75%
High-School Grad
11.0 sq mi
ZIP Area
2,697
Density / Sq Mi
$45,975
Median Household Income
$34,330
Median Earnings
$1,144
Median Rent
$121,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • CVS 1029 Forest Pkwy, Forest Park, GA 30297
  • CVS Pharmacy 1029 Forest Pkwy, Forest Park, GA 30297
  • Daphne Lofton 1029 Forest Pkwy, Forest Park, GA 302972350
  • Brandon Dennis 1029 Forest Pkwy, Forest Park, GA 302972350
  • Trustee Drugs INC 381 Forest Pkwy suite a, Forest Park, GA 30297

Frequently Asked Questions

What type of property is this?
Drug store - Single-tenant retail property at a signalized intersection with an extended double-net lease.
Where is this drug store located?
The property is located at 833 Forest Parkway Forest Park, GA.
What are key features of this property?
This property features: Freestanding, single‑tenant Walgreens drug store; Recently converted from a Rite Aid location; Double‑net lease with five years remaining
More about this property
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