400 Liberty St Waynesboro, GA 30830-1501

This exceptional investment opportunity presents a 13,650 square foot Walgreens pharmacy located at 400 S Liberty St, Waynesboro, GA 30830. The property sits on a 1.48-acre lot and boasts a prominent, hard-corner, signalized intersection location experiencing approximately 14,000 vehicles per day. The absolute NNN lease with Walgreens, a credit-rated tenant, has a remaining term of 8.9 years (expiring October 30, 2033), offering significant passive income potential. The property's strong financial performance is reflected in its $336,000 net operating income (NOI) and an 8.00% cap rate. The asking price is $4,200,000, translating to $307.69 per square foot. The property benefits from its strategic location near Burke Health Community Hospital and a variety of national retailers including Walmart, Subway, McDonald's, and Tractor Supply. Waynesboro is a suburb of the Augusta, GA MSA, a region with a diversified economy and a strong employer base, including Plant Vogtle, Ingevity, and Samsons. The property's underlying real estate value is further enhanced by multiple points of ingress/egress. This is a rare opportunity to acquire a high-performing, net-leased Walgreens property with a long remaining lease term in a stable and growing market. The lease commenced October 5, 2008, and the building was constructed in 2008. The tenant is responsible for all CAM, taxes, insurance, roof, and structure maintenance.