Walgreens 8 Years Left On Lease 960 Cap Rate Across… — Sale in Waynesboro, GA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Waynesboro, GA 30830

Investment Figures

Cap rate
9.60%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present for sale the Walgreens located at 400 South Liberty in Waynesboro, Georgia. The Property has approximately 8 years left on the firm term of their lease and operated under an absolute triple-net basis. Waynesboro is approximately 30 miles from Augusta, Georgia. Investment Highlights: • Tenant Responsible for All Common Area Maintenance, Taxes, Insurance, Roof and Structure – No Landlord Responsibilities • Walgreens Currently has Approximately 8 Years Remaining on their Firm Term • Surrounded by Various National Retailers: Walmart, Huddle House, Subway, Zaxby's, McDonald's, Tractor Supply and Dollar Tree • Across from Medical District/Hospital-Burke Health is a Community Hospital in Waynesboro, Georgia Specializing in Orthopedic and Cardiovascular Care

Market Context

This retail in Waynesboro, GA is listed for sale. It is offered at an approximate 9.6% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 101 days. Compare it against other retail listings for sale in Waynesboro, GA — view the full market.

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