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1650 Buford Hwy
Cumming, GA 30041

$3,563,000 USD

Drugstore For Sale  •  14,820 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 14,490 SF
  • Lot Size 1.7 AC
  • Building Class B
  • Year Built 2005
  • Cap Rate 8.70 %
  • Tenancy Single
  • Zoning CBD, County
0 Transit Score
40 Walk Score

Highlights

Absolute NNN lease with ±3.9 years remaining and zero landlord responsibilities.
Freestanding 14,490 SF Walgreens with drive-thru pharmacy in Atlanta MSA.
High-traffic corridor with ±40,000 VPD and direct visibility on Buford Hwy.
Rent is ~$21.39 PSF, approximately 22% below current market rates.
No other Walgreens within 6.8 miles; only nearby national competitor is CVS.
Publix-anchored retail node with strong demographics and $160,000+ average incomes.

Property Flyers

Cap Rate: 8.70 %

Major Tenants

Tenant SF Occupied Lease End Date
Walgreens 2/1/2030

Amenities

  • Dedicated Turn Lane
  • Drive Thru

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Grant Klepadlo 773-598-8642 Matthews Real Estate Investment Services
Grant Klepadlo 773-598-8642 Matthews Real Estate Investment Services