Single-Tenant Retail
Walgreens
1065 Duluth Hwy, Lawrenceville, GA
Listing Price: $3,950,000
Click To Access Offering Memorandum- Cap Rate7.85%
- Building SF13,650 SF
- Price/SF$289.38
- Year Built / Renovated2004
Investment Highlights
- Absolute Net Walgreens | Recent 5-Year Extension
- 10 Years Lease Term Remaining | (10) 5-Year Options
- FedEx Pickup / Drop Off Services On-Site
Beer & Wine Sales | Propane Gas Exchange | PNC ATM - High Visibility at the Northeast Corner of Duluth Highway & Riverside Parkway (31,200 VPD Combined)
Quick Access to Highway-316 (98,600 VPD) & I-85 (170,000 VPD) - Core Retail Market: 13.4 Million SF of Retail within a 5-Mile Radius (96.1% Occupancy Rate)
- Across from Kroger-Anchored River Exchange Shopping Center (263,650 SF)
- 2.8 Miles from Sugarloaf Mills Shopping Mall (1.18M SF)
- Strong Healthcare Market: 2.3 Million SF of Medical Space within a 5-Mile Radius (95.3% Occupancy Rate)
- 1.7 Miles from Northside Hospital Gwinnett (388 Beds | Level II Trauma Center | 1,400 Physicians)
Only Trauma Center in Northeast Metro Atlanta
Future 230FT Tower Currently Under Construction (On Track for Completion in 2025 | Adding 300+ Beds, Making it the Largest Facility in the Northside System) - Demographics: 226,149 Residents & $98,556 Average Household Income within a 5-Mile Radius
Strong Daytime Population: 246,309 - Projected Population Growth: 3.95% Over the Next 5 Years
- 30 Miles Outside of Downtown Atlanta
GEORGIA BROKER OF RECORD: JOHN LEONARD | 1100 ABERNATHY RD NE, BLDG 500, STE 600, ATLANTA, GA | 678.808.2700 | LIC: GA 252904