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Improved Property

McDonough Walgreens

896 Highway 81 E., McDonough, Georgia 30252

Sold: $4,350,000
$293.52 / SF
Updated Sep 30, 2026
Categories Retail NNN Leased

About this property

Paradise Development Group is pleased to exclusively offer for sale a 14,820 SF Walgreens Drug Store located at Highway 81 E & Lake Dow Road in McDonough, Georgia.  The subject is located on GA Highway 81 East, one of the city’s “spider web” of main traffic arteries and three miles east of I-75.  The store was built in 2008 and is scheduled to turn over to Walgreens in April 2008.  The property is 100% leased to Walgreens under a new lease for 75 years with the right to terminate after the 25th year, and at the end of each option period thereafter.  The 1.901-acre subject site is an outparcel of the recently constructed Shoppes at Lake Dow shopping center which includes a Publix grocery store, SunTrust Bank, Chevron convenience store, Blockbuster Video, and other retail establishments.

Property details

Property Type
Improved property
Building Type
Freestanding
Building Size
14,820 sqft
Land Size
1.9 acres
Zoning
NA

Location

Address
896 Highway 81 E.
McDonough, Georgia 30252
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.