Dallas Acworth Walgreens

The subject property is a newly constructed 14,820 SF free standing Walgreens located on 1.62 Acres +/- in Dallas, GA. It is leased to Walgreen Co. on a 75 year absolute NNN lease which will commence with tenant possession that is set for October 15, 2007. Walgreens has the option to terminate after 25 years and every year thereafter with 12 months notice. The lease includes the typical Walgreens percentage rent clauses. The property is located at the corner of Dallas-Acworth Highway and Old Cartersville Road in Dallas, GA. This property is adjacent to a high sales volume retail center anchored by a Publix.