Property summary
This exceptional investment opportunity presents a freestanding Walgreens pharmacy in Brookhaven, GA, a thriving affluent area just nine miles from downtown Atlanta. The property boasts a 10,453 square foot building on a 1.08-acre lot, constructed in 2010. Currently operating under a triple-net (NNN) lease with Walgreens, a corporate guarantor, the lease extends until March 31, 2035, offering a substantial remaining term of 10.4 years. The property enjoys a strong financial performance, generating a net operating income (NOI) of $565,000, representing an 8.00% cap rate and a price per square foot of $676.36. The asking price is $7,070,000. The location is highly desirable, situated on a busy corner with 50,000 cars passing daily, and benefits from a densely populated area with an average household income exceeding $146,070. The lease includes a preferred 10-year term with 5-year renewal options, minimizing landlord responsibilities. This single-tenant, fee-simple ownership offers a secure and lucrative investment opportunity in a prime Atlanta location, surrounded by complementary businesses including Target, DoubleTree by Hilton, and various restaurants. The property's strong tenant, high traffic count, and long-term lease make it an attractive addition to any investment portfolio.
Property profile
VerifiedCap rate & NOI
Current use
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Pharmacy
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Pharmacy
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(Bike/Boat/Book/etc) Store
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Pharmacy
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Pharmacy
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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