Vacant Walgreens for Sale

Macon, GA (Mercer University Dr.)

$ 2,511,600

15.00 CAP

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  • Walgreens will continue paying rent through March 31 of 2028 ($753,480 Remaining Rent).
  • Up to 80% loan-to-value allows a purchaser to possibly put down approximately $550,000 for the acquisition.  Lender does not require new third-party reports, minimizing acquisition costs.   Contact broker for further loan terms and interest rates.
  • Walgreens is responsible for all building and property expenses.
  • Completed in 2024, the 12,000 seat Atrium Health Amphitheater drew in more than 100,000 visitors in its first full year and generated an estimated $20 million in local spending.
  • In February 2026, GLPI obtained a $20M, 10‑year option to acquire the former JCPenney site at Macon Mall for a potential casino project, with plans to invest up to $2.5M in demolition and site preparation during the initial five‑year term.

Vacant Walgreens for Sale

Macon, GA (Gray Hwy.)

$ 2,366,667

15.00 CAP

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  • Walgreens will continue paying rent through October 31 of 2027 ($562,083 Remaining Rent).
  • Up to 80% LTV allows purchaser to possibly put down approximately $500K, lender does not require new third-party reports. Contact broker for details.
  • Walgreens is responsible for all building and property expenses.
  • Situated at the intersection of Gray Highway and Shurling Drive with combined traffic counts of 60,900 VPD.
  • With construction slated to begin Summer of 2026, the new Macon arena will replace the current Macon Coliseum and will be designed to host events such as tradeshows, concerts, and conferences.

Vacant Walgreens

Houston (DARK), TX

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  • Built to suit Walgreens building, tenant went dark in March of 2025.
  • High density market with over 115k residents in 3-mile radius.
  • Projected 2.5% annual growth over next 5 years.

Vacant Walgreens for Sale

Tacoma, WA

$ 3,545,455

11.00 CAP

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  • The property is leased through September 30, 2030 under an Absolute Net Lease (NNN) with no landlord responsibilities whatsoever.
  • Within a 5-mile radius, the population exceeds 283,000 with 109,716 households and an average household income of approximately $89,000.
  • Located at the intersection of Pacific & East 56th Avenue, with ±32,981 vehicles per day.
  • Situated in the Seattle-Tacoma MSA, one of the fastest-growing regions in the Pacific Northwest, with access to I-5 and proximity to downtown Tacoma and Joint Base Lewis-McChord.