7530 ROSWELL RD Sandy Springs GA 30350-4837

The original 25-year lease runs through May of 2027 followed by Ten 5-year option periods to extend. The lease is corporately guaranteed and is absolute NNN with zero landlord responsibilities.

This Walgreens site is strategically located at the signalized intersection of Roswell Road and Trowbridge Road in Sandy Springs (Atlanta) GA with a combined 40.000 average daily traffic.

The asset has excellent visibility and multiple access points on a corner site with points of ingress and egress on both adjacent streets, as well as a monument sign located on the corner. The site is also equipped with a drive-thru, providing ease and convenience for customers.

Among the Notable establishments in the area are Publix Super Market, RMB of Atlanta Mercedes Benz, North Springs high School, among others.

The surrounding 5-mile trade area is supported by more than 232,167 populations with average household income of $148,626.

Property is offered free and CLEAR of debt for the new owner to invest all CASH or obtain a very attractive long-term financing.

• Corporate guaranteed by Walgreens Co
• Absolute netleased investment with no landlord responsibilities
• Signalized hard traffic corner with about 40,000 ADT
• Property is equipped with drive-thru for customer convenience
• Over 94,000 population in a 3-mile radius
• Average household income of over $146,000
• Positive popultion growth projected
• Offered free and clear of debt

We are pleased to present for sale the opportunity to acquire the Walgreens property located in Sandy Springs, GA. This lease has approximately 7 years remaining and operates on an absolute net lease basis with 10 (5-year) options to extend. Income guaranteed by Walgreens corporation which has an investment grade credit rating of BBB (S&P) and is a top 20 Fortune 500 company with approximately 9,800 locations.

Perimeter Center is one of Atlanta's largest business districts which contains ±29,000,000 square feet of office space, ±6,000,000 of retail space and includes Perimeter Mall, an ±1,500,000 square foot enclosed regional shopping center anchored by Macy's, Nordstrom, Van Maur and Dillard's. There are three major companies headquartered within an approximate 5-mile radius of the subject property Mercedes-Benz USA (1,400 employees), Cox Communications (20,000 employees), and United Parcel Service (480,000 employees).

Located in area with ±231,042 residents in a 5-mile radius and an affluent average household income of $125,178 within a 5-mile radius. The property is located near the intersection of Roswell Road (±32,400 VPD) and Dalrymple Road (±7,590 VPD) with a combined traffic count of ±39,900 vehicles per day. US-19 is located 0.8 miles east of the subject property with traffic counts of ±186,000 vehicles per day.

The subject property is located in a suburb 18 miles north of downtown Atlanta, Georgia and is part of the Atlanta Metropolitan Statistical Area. This MSA is the largest in the state of Georgia and the ninth largest in the United States with over 6.5 million residents.

• INPLACE ASSUMABLE CMBS NON-RECOURSE FINANCING - Existing financing is assumable with $1,900,000 cash down deposit returning $150,600 annually after debt service.
• STABLE INCOME - Income guaranteed by Walgreens corporation which has an investment grade credit rating of BBB (S&P) and is a top 20 Fortune 500 Company with over 9,800 locations.
• TOP 10 ATLANTA MSA LOCATION – Located 18 mi. north of downtown Atlanta, part of the Atlanta MSA, the largest in the state of GA, 9th largest in the US with ±6.5M residents.
• AVG HH INCOME OF $125,178 & ±231,042 RESIDENTS IN 5-MI RADIUS – Area has ±231,042 residents and an affluent avg. HH income of $125,178 in a 5-mi radius.
• ROBUST EMPLOYMENT BASE – Companies headquartered within a ±5-mi radius include Mercedes-Benz USA, Cox Communications, and UPS with over 500,000 employees.
• 3 MILES FROM PERIMETER CTR BUSINESS DISTRICT - Perimeter Center is one of Atlanta's largest business districts with ±29M SF of office and ±6M of retail space.
• INTERSECTION WITH ±39,990 VPD - Near Roswell Rd & Dalrymple Rd with combined traffic of ±39,900 VPD, 0.8 miles from US-19 with ±186,000 VPD.