McDonough, GA - Walgreens (Subleased to Popshelf)
$4,156,000
961 Hwy 20 81, McDonough, GA
8.75
Cap Rate
363,607
NOI
Details:
Description:
• The Walgreens is currently subleased to Popshelf and has over 3 years of term remaining
• The asset is located at the signalized, hard-corner intersection of Industrial Blvd and Highway 81, with an average of 22,400 VPD, providing multiple points of egress and ingress
• The site benefits from excellent visibility from a major thoroughfare and access to Interstate 75, which sees 147,000 VPD, increasing consumer traffic
• The subject property is located across from McDonough Marketplace, with national/credit anchors such as Walmart Supercenter, Lowe’s Home Improvement, and Dollar Tree
• Less than two miles from South Point Shopping Center, with national/credit tenants such as Macy’s, Kohl’s, TJ Maxx, Ulta Beauty, Academy Sports + Outdoors, Five Below, Hobby Lobby, and more
• Strong tenant synergy promotes crossover shopping to the subject property
Location
Gallery