Investment Overview

Marcus & Millichap is pleased to present this high-performing Walgreens investment opportunity in McDonough, GA, a rapidly growing market in the Atlanta MSA. This 13,389 SF property sits on 2.74 acres at a high-traffic intersection, benefiting from 16,500 VPD on Highway 81 E and 14,200 VPD on Racetrack Rd. With a long-standing national tenant, in-place market rents, and strong surrounding demographics, this property offers investors a stable, income-producing asset in a high-growth retail corridor. This turnkey investment presents an excellent opportunity for 1031 exchange buyers and long-term investors seeking a stable, credit-tenant asset in a thriving retail corridor. In March of 2018 Walgreens purchased 1,932 Rite Aids in the southeast. This was one of the locations they purchased with an effective date of 6/14/2019 with Walgreens lease. Walgreens showing commitment to the site with Lease renewal in November 2023 for 5 years.