Claxton, GA - Walgreens
$1,599,000
2 W. Main St., Claxton, GA 30417
9
Cap Rate
143,833
NOI
Details:
Description:
• Walgreens Corporate Guaranteed Lease
• The property is drive-thru equipped, offering added customer convenience and supporting future redevelopment potential
• Over 1 year remaining, with six (5-year) option periods to extend, and $1/SF/YR rental increases at the beginning of each option period, increasing the NOI and hedging against inflation
• The tenant has operated at this location since 1997, demonstrating the tenant’s commitment to the site
• The subject property is situated at the signalized, hard corner of Main St and N Duval St, with a combined average of 21,700 VPD
• Walgreens benefits from excellent frontage visibility along N Main St
and multiple points of egress and ingress, allowing for ease of access for consumers
• The asset is located near national/credit tenants, such as Tractor Supply, McDonald’s, Taco Bell, Dollar Tree, Subway, and more
Location
Gallery