Walgreens NNN — Jonesboro, GA

Updated July 18, 2026

$3,648,000 · 6.50% CAP · 12.5 YRS

Walgreens at a signalized corner on Tara Boulevard in Jonesboro on an absolute-net corporate lease with about 12.5 years remaining. Twelve 5-year options give the tenant long control of the site.

Lease Abstract

Price

$3,648,000

Cap rate

6.50% CAP

NOI

$237,120

Term remaining

12.5 YRS

Lease type

Absolute NNN

Options

Twelve, 5-Year

Guarantee

Corporate

Building

14,981 SF

Lot

1.37 AC

Year built

2005

Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.

Property Details

14,981 SF building, built 2005, 1.37 acres of land. $244/SF asking, $15.83/SF NOI. Renewal options: Twelve, 5-Year. Corporate guarantee. Primary term ends around 2039 (12.5 yrs left at listing, Jul 2026).

Location

Jonesboro, Georgia. Full address and offering memorandum released on request — see our Walgreens tenant guide and the Georgia market page for the underwriting context.