303 Charlie Watts Dr
Dallas, GA 30157

The subject property is a 14,440 square-foot Walgreens featuring a drive-thru located in Dallas, Georgia, a bedroom community to Atlanta. The property has an absolute triple net lease with over 17 years remaining and fifty, one-year options to renew. The lease is corporate guaranteed by Walgreens Co. whose parent company is Walgreens Boots Alliance. WBA operates as the second-largest pharmacy store chain in the US. Walgreens Boots Alliance 2018 sales exceeded $131 billion along with an 11% annual increase in store locations around the world. The property is located at a signalized intersection on Jimmy Campbell Parkway and Nathan Dean Boulevard. Jimmy Campbell Parkway, or Route 278, runs east-west through Georgia and directly leads into Atlanta. The Walgreens sits directly across from the large Dallas Commons Shopping Center, anchored by Kroger and containing other national retailers like Subway, UPS, Taco Bell, Wells Fargo, Ruby Tuesday, and more. The property is also adjacent to new construction featuring a brand-new Ellianos Coffee and Wendy’s. Dallas, Georgia is currently amid an ambitious town make-over that is encouraging more people to become permanent residents. The city is consistently growing, showing a 110% increase in population since 2000.