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Claxton, GA - Walgreens

$1,599,000

2 W. Main St., Claxton, GA 30417

Active
Last Updated: 01/13/2026

9

Cap Rate

143,833

NOI

Details:
Cap Rate:    9%
NOI:    $143,833
Building Size:    11,363 sqft
Lot Area:    0.99 acres
Year Built:    1997
Zoning:    CBD: Central Business District
Year Last Renovated:    2002
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

Map:
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