Investment Property - Walgreens Rome GA

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30259293
Property Subtypes: Free-Standing Building
Status: Pending/Contingent
Building Size (RSF): 13,650 SF
Gross Building Area: See Agent
Sale Price: $5,150,000
Unit Price: $377.29 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/21/2018

Overview / Comments

Address: 701 Martha Berry Blvd, Rome GA
Sale Price $5,600,000
13,650 Sq Ft Building
Built 2002
Tenant—Walgreens, the nation’s #1 drugstore chain, operating more than 8,000 mostly free-standing stores, located in all 50 US States.
Annual NNN Rent $337,746
9 years remaining on initial NNN Lease, with 10 five year renewal options
Located in Rome, GA
Strong demographics
Located across the street from Floyd Medical Center

Attachments & Media

Current Tenants

Tenant Business Name Walgreens

Additional Details

Nearest MSA: Rome
County: Floyd
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2002

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,562 32,815 52,963
Median Age: 39.91 34.12 36.3
Households: 2,026 11,885 19,819


Photograph of Listing Agent

David J Fletcher

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