Walgreens - Chamblee, GA

JLL is pleased to exclusively offer for sale the large ~1.63-acre site at 5373 Peachtree Industrial Blvd in Chamblee, GA (the “Property” or the “Asset”) that is 100% leased to Walgreens (the “Tenant”). With over 274,000 visitors per year, this Asset is highly ranked in the 66th percentile of Walgreens stores in the state of Georgia (per Placer.ai).

The Property is favorably situated along Chamblee Dunwoody Road and Peachtree Boulevard, which benefits from its direct exposure to more than 58,900 vehicles per day and has strong annual sales (please inquire for details). The Peachtree Boulevard corridor features national retailers, including a Chick-fil-A, Walmart, QuikTrip, CVS Pharmacy, Five Below, and Little Caesars Pizza – all of which are ranked in the upper quartile of their respective stores in the regions by annual visits (per Placer.ai). The Property is adjacent from Chamblee Plaza, which is ranked in the 98th of community shopping centers in Georgia by annual visitors (per Placer.ai). The Property is located also less than two miles from Dekalb-Peachtree Airport, the second busiest airport in Georgia with over $130 million in economic impact to the area. The surrounding community has grown rapidly with 32.0% growth since 2010 and 312,000 residents earning an average household income of over $155,000 within a 5-mile radius of the Property.

The Tenant has 4.7 years remaining on their Absolute NNN lease with no landlord responsibilities. 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.