6671 Covington Hwy
Lithonia, GA 30058

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Walgreens property located within the Atlanta MSA in Lithonia, Georgia. The property is strategically located at a signalized intersection in a retail corridor. The Walgreens features a drive-thru and has excellent visibility along both thoroughfares. There are three years remaining on the Walgreens lease. Walgreens is the largest drug retailing chain in the United States with over 8,175 locations in the United States. The 15,120 square foot Walgreens is strategically positioned on the southeast corner of Covington Highway and DeKalb Medical Parkway. The intersection experiences traffic counts in excess of 22,930 vehicles per day. Retailers located in the immediate area include Kroger, ALDI, AutoZone, Wells Fargo Bank, Dollar General, Family Dollar, Sonic Drive-In and Papa John’s. The property is also less than one-mile from DeKalb Medical at Hillandale, a fully licensed emergency care hospital with 100-beds, and Miller Grove High School, the largest high school in DeKalb County. There are over 68,300 people living within a three mi le radius of the property. Walgreens has three years remaining on their lease which expires June 30, 2021 and features eight 5-year renewal option periods. Walgreens is publicly traded on the Nasdaq Stock Market (symbol: WBA) with a market capitalization in excess of $88 billion. Both Walgreen Co. and Walgreens Boots Alliance, Inc. are investment grade rated each with a Standard & Poor’s rating of BBB.