McDonough Walgreens

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.