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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

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