List Search

2720 Highway 42 N
McDonough, GA 30253

$3,275,757 USD

Drugstore For Sale  •  12,974 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 12,974 SF
  • Lot Size 1.99 AC
  • Building Class B
  • Year Built 2006
  • Cap Rate 9.76 %
  • Tenancy Single
  • Zoning C2
0 Transit Score
41 Walk Score

Highlights

PRIMARY TERM - 6.4 YEARS REMAINING - Primary Term expires 1/31/2032.
ABSOLUTE NET BOND LEASE - No Landlord Responsibilities
SUBURB OF ATLANTA WITH STRONG DEMOGRAPHICS - Average Household Income in a 3-mile radius is $101,308 in a population of 896,882 in a 5-mile radius.
HIGH TRAFFIC COUNTS - 17,200 vehicles per day on Highway 42 N. runnning directly in front of CVS.
EXCELLENT LOCATION - The property is located at the corner of a signalized intersection near numerous other national credit tenants.
CORPORATE GUARANTEE -The lease is corporate guaranteed by CVS Health Corporation.

Property Flyers

Cap Rate: 9.76 %

Major Tenants

Tenant SF Occupied Lease End Date
CVS Pharmacy 12,471 SF 1/31/2032

Amenities

  • Dedicated Turn Lane
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Hartsfield - Jackson Atlanta International 29 min - 19.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Surface
Included in Rent: Yes
Matt Ragland 512-468-4031 Net Leased Advisors
Matt Ragland 512-468-4031 Net Leased Advisors