Atlanta, Georgia – Today, Net Lease Properties information is on a Walgreen’s Net Leased portfolio. A two store net lease Walgreen’s portfolio sold in the Atlanta area. One net lease investment is located in Lilburn, Ga., and another one in Douglasville, Ga. The two Investment Properties sold for $11.2 Million, which translates to $395 per square foot on the overall transaction.
The buyer of these Net Lease Properties is a private institutional New York City-based commercial real estate investment group. The seller of these net lease properties are a preferred developer for Walgreens based in Atlanta. This Developer specializes in development throughout the Southeast.
Many commercial real estate investors believe that investing in a Walgreen’s Investment Property asset is regarded as one of the safest, most secure real estate investments available. Net Lease Properties are often being compared to owning a corporate bond. In an uncertain economy, the preferred choice for commercial real estate investors continues to be investment-grade, stable single-tenant, triple net lease deals.
The Walgreen’s net lease investment in Douglasville, is at 3851 Chapel Hill Road. This net lease property opened in 2008 after construction was finalized. It has a mezzanine store design, with a façade with black lettering and traditional lighting scapes, and was 13,500 square feet in size, rather than the 14,820-square-foot prototypical footprint. The net lease investment property in Lilburn, is located at 4235 Lawrenceville Highway, and opened in 2007.
Feel free to Contact us HERE to sell your existing Net Lease Properties portfolio. We have relationships with 1,000’s of commercial real estate investors interested in purchasing net lease investments. We provide tremendous marketing and exposure for your net lease properties, resulting in the highest pricing and quicker closings.
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List of other Retail Single Tenants that may be available as a Net Lease Property:
•AutoZone Net Lease Property
•Burger King Net Lease Property
•CVS Net Lease Property
•FedEx Net Lease Property (Federal Express Net Lease Property)
•Home Depot Net Lease Property
•Kohl’s Net Lease Property
•Kroger Net Lease Property
•Lowe’s Net Lease Property
•McDonald’s Net Lease Property
•Publix Net Lease Property
•Safeway Net Lease Property
•Staples Net Lease Property
•Target Net Lease Property
•Walgreens Net Lease Property
•Wal-Mart Net Lease Property
•Wendy’s Net Lease Property