Walgreens NNN Sale | 613 Northside Dr
Investment
This 14,748 SF build-to-suit Walgreens, constructed in 2005, is backed by a corporate guaranty from Walgreens Co. (NASDAQ: WBA), an investment-grade tenant with an S&P rating of BBB and a nationwide presence of over 8,000 stores across all 50 states, Puerto Rico, and the U.S. Virgin Islands. The property reports strong store sales and features a long-term NNN lease with no landlord responsibilities, making it a truly passive investment.
Positioned on a hard, signalized corner along Northside Drive East, which sees 24,100 vehicles daily, the location benefits from excellent visibility and accessibility. The site sits just 2.4 miles from East Georgia Regional Hospital, home to 149 patient rooms and more than 800 employees, and 2.4 miles from Georgia Southern University, a major regional institution with nearly 26,000 students and approximately 140 degree programs.
Located in Statesboro, GA—the largest city and county seat of Bulloch County—the property is surrounded by a strong retail corridor with numerous national retailers nearby, further reinforcing its stability and long-term value.