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Walgreens | Top Performing Location

$7,000,000

2320 North Druid Hills Road, Atlanta, GA 30329

Active
Last Updated: 03/07/2025

8.07

Cap Rate

565,000

NOI

Details:
Cap Rate:    8.07%
NOI:    $565,000
Building Size:    10,453 sqft
Lot Area:    1.11 acres
Lease Type:    Absolute Net
Price Per Sqft:    $500.36
Highlights:
  • Generational Real Estate - Strategically positioned on a hard, signalized corner within Buckhead’s primary shopping district, this 1.11-acre property offers unparalleled long-term investment stability.
  • Top-Performing Location - Ranked in the top 17% of Walgreens locations nationally per Placer AI data, ensuring strong tenant performance and consistent foot traffic.
  • Long-Term Corporate-Backed Lease - Secure passive income with over 10 years remaining on the lease, fully guaranteed by Walgreens corporate, providing long-term financial stability.
  • Exceptional Traffic Exposure - Direct access from Northeast Expressway with 70,000 vehicles passing daily, while the intersection of N Druid Hills Rd NE & Briarcliff Rd NE sees over 48,000 vehicles per day.
  • Extremely Affluent Neighborhood - Situated in a high-income area with an average household income exceeding $146,000 within a 5-mile radius, serving a dense population of 386,632 residents.
  • True Absolute NNN Lease - A fully hands-off investment with zero landlord responsibilities, ensuring hassle-free ownership and stable cash flow.
  • Thriving National Retail Corridor - Surrounded by top national brands, including Chick-fil- A, Target, Arby’s, Firestone, Panera Bread, Cava, Goodwill, Moe’s Southwest Grill, and two major shopping centers—Brighten Park Mall & The Village at Druid Hills.
  • Proximity to Major Healthcare Hub - Located adjacent to Children’s Healthcare of Atlanta, a major 446-bed hospital, reinforcing strong consumer demand and daily foot traffic.
  • Proven High Sales Performance - Strong retail sales at this location further enhance the investment potential. (Contact Broker for Additional Details)
Map:
Documents:
Title
Offering Memorandum
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Today's Available Mortgage Rates

2320 North Druid Hills Road, Atlanta, Georgia 30329

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 06/14/2025
BankLender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$33,698 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 75% LTV $0 Lender fees
Loan Amount $5,250,000 Loan Amount
BankLender #1068
7 Year Fixed
25 Year Amortization
Interest rate 6.06% 7 Year Fixed
Mo. Payment$34,019 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 75% LTV $0 Lender fees
Loan Amount $5,250,000 Loan Amount
BankLender #1068
10 Year Fixed
25 Year Amortization
Interest rate 6.06% 10 Year Fixed
Mo. Payment$34,019 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 75% LTV $0 Lender fees
Loan Amount $5,250,000 Loan Amount
Largest Commercial Real Estate Lending
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