Lithia Springs, GA

Price: $ 3,549,000
CAP Rate: 10.00%
NOI: $ 354,900
Lease Term Remaining Before Options: 2 Years 8 Months
Investment Highlights
  • Frontage on Thornton Road (47,300 VPD) and Maxham Road (32,400 VPD).
  • Close proximity to Amazon ATL8, Lineage Logistics, GXO Logistics, and Medline distribution centers, with ±24.9 million square feet of industrial space in the area.
  • Douglas County is part of Amazon Web Services’ $11 billion investment in Georgia’s cloud and data center infrastructure.
  • Absolute triple-net (NNN) lease through September 2028 with ten (5-year) renewal options.
  • Thornton Road/State Route 6 serves as the main retail corridor in this market with a strong mix of complimentary national and regional tenants surrounding the subject property.
Offering Summary

We are offering for sale the Walgreens property located at 590 Thornton Road, Lithia Springs, GA 30122 (the “Property”). Walgreens has operated at this site under an absolute triple-net (NNN) lease with no landlord responsibilities. The lease runs through September 30, 2028, with ten (5-year) renewal options.


The Property is located approximately 17 miles west of Downtown Atlanta, strategically situated near major thoroughfares including Interstate 20, Interstate 285, and Route 6. It is located within the I-20 West industrial corridor, a key regional logistics hub comprising approximately 24.9 million square feet of industrial space. The area is home to major distribution operations for companies such as Amazon (ATL8 Fulfillment Center), GXO Logistics, Lineage Logistics, and Medline Industries.

 


The location also sits within one of metro Atlanta’s most active data center clusters. In January 2025, Amazon Web Services (AWS) announced an $11 billion investment in data center infrastructure in Georgia, with part of that development located in Douglas County. Lithia Springs is also home to facilities operated by DataBank, STACK Infrastructure, and PwC, supporting the area's role in Atlanta’s expanding digital infrastructure market.

Price: $ 3,549,000
CAP Rate: 10.00%
NOI: $ 354,900
Lease Term Remaining Before Options: 2 Years 8 Months