Walgreens

Absolute NNN Lease: Freestanding Walgreens with drive-thru pharmacy on an absolute NNN lease, providing a passive, management-free investment.
High-Traffic Retail Corridor: Located at the intersection of GA-124 and Gravel Springs Rd with ±40,300 VPD, offering strong visibility and consistent traffic. Positioned directly adjacent to a Kroger-anchored shopping center, with additional grocery draw from Publix (~0.9 miles) driving high-frequency, daily-needs traffic.
Healthcare-Driven Demand: Located approximately 10–12 miles from Northside Hospital Gwinnett and Northside Hospital Forsyth, with multiple clinics and urgent care providers within a 1–3 mile radius supporting consistent prescription demand.
Limited Competition: No other Walgreens within 5.5 miles, providing strong market separation, with CVS (~1.7 miles) as the nearest national competitor.
Below Market Rent: Walgreens is paying approximately $21.80 PSF, which is ~23.8% below the subject market asking rent of $28.61 PSF, supporting long-term occupancy and tenant retention.
Dominant Hard Corner Location: Positioned at a signalized intersection surrounded by national tenants including Chick-fil-A, McDonald’s, Dairy Queen, Shell, and Dollar General, supporting steady daily traffic.
Grocery-Anchored Retail Node: Directly adjacent to a Kroger-anchored center, reinforcing the site as a primary destination for daily-needs retail.
Top-Tier Atlanta Demographics: 62,243 residents within 3 miles and 141,442 within 5 miles, with average household incomes exceeding $135,000, supporting strong retail demand.

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Maxx Bauman