Walgreens Drug Store with
For Sale
Contact for pricing
896 Highway 81 East, McDonough, GA 30252
Absolute net lease with no landlord responsibilities.
Property SizeContact for details
Days on Market143
Property Features for 896 Highway 81 East
General Information
Standard status
Active
Property subtype
Retail
Financials
Asking Price
$4,600,000
Cap Rate
6%
Additional Details
Anchor Co-Tenants
Publix
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Pharma Property Group
(619) 297-0055
Listed By:
Jason Pongsrikul · License #CA 01918332
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 4:36AM
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 Pharma Property Group
Investment Insights
Based on property information with market context.
This Walgreens drugstore includes an in-store clinic, a format identified at only 400 Walgreens locations nationwide. The property is leased on an absolute net basis, with 14.5 years remaining and 50 years of options. No landlord responsibilities apply under the lease.
Located at 896 Highway 81 East in McDonough, Georgia, the store is an outparcel to a Publix-anchored center within the Atlanta MSA. The property sits approximately 31 miles southeast of downtown Atlanta, and only two drugstores are located within a five-mile radius. The offering reflects a 6% cap rate.
Located at 896 Highway 81 East in McDonough, Georgia, the store is an outparcel to a Publix-anchored center within the Atlanta MSA. The property sits approximately 31 miles southeast of downtown Atlanta, and only two drugstores are located within a five-mile radius. The offering reflects a 6% cap rate.
Key Highlights
- In‑store clinic format found at only 400 Walgreens locations nationwide
- Absolute net lease with 14.5 years remaining and 50 years of options
- No landlord responsibilities under the lease
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
32
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30252, GA
49,702
Population
16,400
Households
3
Avg Household Size
38
Median Age
30%
College-Educated
95%
High-School Grad
94.1 sq mi
ZIP Area
528
Density / Sq Mi
$97,339
Median Household Income
$48,850
Median Earnings
$1,819
Median Rent
$326,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drug store - Absolute net lease with no landlord responsibilities.
Where is this drug store located?
The property is located at 896 Highway 81 East McDonough, GA.
What are key features of this property?
This property features: In‑store clinic format found at only 400 Walgreens locations nationwide; Absolute net lease with 14.5 years remaining and 50 years of options; No landlord responsibilities under the lease
