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Spalding County, GA NNN Properties for Sale

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Griffin, GA Walgreens For Sale
Updated: Feb 23
Griffin, GA Walgreens For Sale

1602 N Expy, Griffin, GA 30223

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14,515 sqft
Triple‑net (NNN) lease with approximately 12 years remaining offers passive, hands‑off ownership and a stable income stream.
5% rental increase every five years starting in 2028 provides built‑in income growth.
High‑traffic location at a signalized intersection of N. Expressway (US‑41) and McIntosh Road with approximately 49,500 vehicles per day.
Strong Walgreens store performance ranks in the 72nd percentile of Walgreens stores in Georgia.
Located within the Atlanta MSA benefiting from strong regional demographics and ongoing residential growth.
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Griffin, GA Walgreens Investment Opportunity
Updated: Jan 7, 2025
Griffin, GA Walgreens Investment Opportunity

405 S Hill St, Griffin, GA 30224

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11,220 sqft 1.00 AC lot
Established Walgreens location, a primary pharmacy for the Griffin population for 25 years.
Below market price point compared to other Walgreens investments.
Walgreens has expressed interest in extending the lease for up to 10 years.
Strategic location within the city with no immediate pharmacy competition (aside from a CVS over 1 mile away).
Significant 20% rental increase in the first 5‑year option, with further increases in subsequent options.
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Based on your search, we've compiled 2 Potential Opportunities for your consideration. Besides 2 Active listings in Spalding County, GA, we suggest exploring several alternatives:

Spalding County, GA Nnn Properties Market Trends and Statistics

Explore 2 nnn properties for sale in Spalding County, GA on our real estate platform. These investment opportunities span a total of 25,735 square feet of properties for sale.

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