Lease Listings $255,000
PROPERTY OVERVIEW
Rent. $255,000/yr, modified gross
Master Lease Expiration. 6/30/36
Size. ± 25,226 SF (1st Floor – ± 10,600 SF; 2nd Floor – ± 9,976 SF; Basement – ± 4,650 SF)
Building. Walgreens flagship in historic Olympia Building, a landmark and center of Five Points.
Renovated. Building fully renovated in 2016
Building Vertical Transportation. Stairs, elevator, escalators and conveyor belt system
Zoning. SPI-1 (Downtown Special Public Interest) – Info
Opportunity Zone Location. Businesses may qualify for up to $3,550 in tax credits / job – Tax Credit Info
Access. Entry on Edgewood Ave
Signage. Building
Restricted Uses. Pharmacy
LOCATION OVERVIEW
Center of Five Points, the historic city of Downtown Atlanta
Adjacent to Georgia State University, Georgia’s largest university with an enrollment > 50,000.
Adjacent to Woodruff Park, a 6-acre park, which has more than than 5 million annual visits.
Transportation
1 block from Five Points MARTA station, which has nearly 60K daily commuters
1 block from Park Place Street-Car station
Close to both I-85 & I-20
Surrounded by landmark attractions
SUBLEASE TERMS
SUGGESTED RENT $255,000/yr.(inclusive of RET; R&M, insurance, utilities separate)
TERM 6/30/36
DELIVERY “As-Is”
OFFERS EVALUATED AS RECEIVED
*Price + terms, along with all offers, are subject to approval of Walgreen Co.’s Real Estate Committee