2098 Ga-20 McDonough, GA 30253
This exceptional investment opportunity presents a fee-simple ownership of a CVS Pharmacy located at 2098 GA-20, Unit 1, McDonough, GA 30253. The 13,013 square foot property, built in 2007, sits on a 1.86-acre lot at a hard corner intersection of Highway 20 & Westridge Parkway. The property boasts a strong 7.00% cap rate and a substantial net operating income (NOI) of $410,560. The absolute NNN lease with CVS Pharmacy has 8.2 years remaining, with four 5-year renewal options, extending the lease to January 31, 2033. The property benefits from a prime location in a high-traffic area with limited competition – the nearest pharmacy is four miles away. The surrounding area exhibits a low retail market vacancy rate of 1.8% and an above-average average household income (AHHI) of $91,990 within a one-mile radius. This is a rare opportunity to acquire a high-performing, net-leased asset with a long-term tenant in a thriving market. The asking price is $5,865,142, translating to $450.71 per square foot. The property's strong financials, coupled with its desirable location and long-term lease, make it an attractive investment for discerning buyers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.