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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2320 Druid Hl Rd Brookhaven, GA 30329

10,453 SF 1.08 ac lot Built 2010
Property ID
Property summary
AI-generated overview

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
Verified
Property type Retail properties & Spaces
Year built 2010
Total area 10,453 SF
Lot 1.08 ac (47,045 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Walgreens Pharmacy
  • Walgreens Pharmacy Pharmacy
  • Walgreens Photo (Bike/Boat/Book/etc) Store
  • Evelyn Henry, RPH Pharmacy
  • COVID-19 Drive-Thru Testing at Walgreens Pharmacy
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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