Sandy Springs, GA - Walgreens

Description:

• Walgreens Corporate signed lease
• Over 12 years remaining with 12 (5-year) option periods to extend
• The lease features 5% rental increases every 5 years throughout the initial term and at the beginning of each option period
• The property is equipped with a drive-thru pharmacy lane

• The subject property is located less than a mile from Chastain Square, a Publix anchored shopping center with other national/credit tenants including Orangetheory, Chase Bank, UPS, and Papa John’s
• Less than one mile south of Fountain Oaks Shopping Mall with major tenants including Kroger, Anytime Fitness, Pizza Hut, TCBY, and many regional tenants
• The property is located in the center of a primary retail corridor that features tenants such as Trader Joe’s, CVS, McDonald’s, Chick-fil-A, Chipotle, Popeyes, Dunkin’, Starbucks, and more
• Strong tenant synergy promotes crossover shopping to the subject property