Walgreens - Griffin, GA

JLL is pleased to exclusively offer for sale the large ~1.94-acre site at 1602 North Expressway in Griffin, GA (the “Property” or the “Asset”) that is 100% leased to Walgreens (the “Tenant”). With over 322,200 visitors per year, this Asset is highly ranked in the 81st percentile of Walgreens stores in the state of Georgia (per Placer.ai). The Property is favorably situated along Martin Luther King Boulevard (North Expressway) and Mcintosh Road, which benefits from its direct exposure to more than 49,300 vehicles per day. The Martin Luther King Boulevard corridor features national retailers, including a Walmart Supercenter, Murphy USA, and Marshall’s ranked in the top percentile of their respective stores in the state of Georgia (per Placer.ai). The Property is adjacent from Griffin Crossroads and North Griffin Square, which are ranked in the 99th and 78th of community shopping centers in Georgia, respectively (per Placer.ai). The Property is located less than two miles from Southern Crescent Technical College and University of Georgia Griffin Campus, with 7,700+ students enrolled annually, and Wellstar Spalding Medical Center, a 170-bed hospital bringing $117 million in economic impact to the area.

The Tenant has 13+ years remaining on their Absolute NNN lease with no landlord responsibilities and 5% rent increases every 5 years. This offering presents a passive income opportunity for investors seeking growing, long-term cash flow backed by industry-leading tenancy in a premier market with exceptional real estate fundamentals.