Property summary
This exceptional investment opportunity presents a 14,809-square-foot Walgreens pharmacy located at a signalized intersection of GA Highway 40 East and Kings Bay Rd in Kingsland, Georgia (31548). The property sits on a 1.59-acre lot with 68 parking spaces and boasts excellent visibility and accessibility, benefiting from a combined 36,000 vehicles per day. The property features a new 15-year lease extension (expiring 02/28/2039), demonstrating the tenant's strong commitment. This is an… absolute NNN lease, eliminating landlord responsibilities. Walgreens, a nationally recognized brand with over 8,886 locations, provides a corporate guarantee. The lease includes 5% rent bumps every 5 years, ensuring consistent income growth. The property's strong financial performance is reflected in its 6.25% cap rate and $237,120 net operating income (NOI). Built in 2008, the property is situated within a dense retail corridor, with over 1.3 million square feet of retail space within a 2-mile radius. The surrounding area exhibits significant population growth (87.85% from 2010-2024) and a high average household income ($97,000 within a 3-mile radius). Proximity to major institutions like Southeast Georgia Health System, College of Coastal Georgia, and Camden County High School further enhances the property's value. Nearby destination retailers include Walmart, Lowe's, Publix, and numerous national chains. The property is also conveniently located approximately 12 minutes from the Kings Bay Naval Submarine Base. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with significant long-term growth potential.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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