1602 Expressway Griffin, GA 30223
High-yield Walgreens, strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- Absolute NNN lease with 13.6 years remaining, minimal landlord responsibilities.
- 5% rent increases every 5 years, including options.
- Top-performing Walgreens; 81st percentile in Georgia (Placer.ai).
- High visibility: 49,300 vehicles per day on Martin Luther King Blvd and McIntosh Rd.
- Excellent location near high-performing shopping centers (Griffin Crossing, North Griffin Square).
- Large 1.94-acre lot, 35 miles south of Atlanta.
Property Details for 1602 Expressway
- Property type
- Retail properties, Drug stores
- Square Feet
- 14,725 SF
- Year Built
- 2007
- Lot Size (sq. ft)
- 84,506 SF
Location Insight
- City
- Griffin
- County
- Spalding
- State
- Georgia
- Latitude
- 33.274680917662
- Longitude
- -84.290374267488
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield Walgreens, strong tenant.
- Where is the retail property located?
- The property is located at 1602 Expressway Griffin, GA.
- What is the asking price?
- The asking price for this property is $4,190,400.
- What are key features of this property?
- This property features: Absolute NNN lease with 13.6 years remaining, minimal landlord responsibilities.; 5% rent increases every 5 years, including options.; Top-performing Walgreens; 81st percentile in Georgia (Placer.ai).
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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