Cap Rate
8.07%
Price Per SF
$500
Gross SQFT
13,990
Year Built
2011
Term Remaining
±10 YRS
NOI
$565,000
Property Type
Retail
LEAD LISTING AGENT
Email
[email protected]
License No.
376060 (TN)
Direct
+1 (615) 656-3297
Mobile
+1 (717) 817-7910
ADDITIONAL LISTING AGENT
INVESTMENT 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)
Broker of Record
- Bill Pedersen
- License No. 80041 (GA)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 1600 West End,
Ste. 1500 Nashville, TN 37203