CVS Pharmacy, Conyers, GA
Atlanta, GA – Ackerman & Co. has brokered the sale of
yet another net-leased drugstore. Jason Powell, vice president of
brokerage at Ackerman, arranged the sale of a single-tenant CVS Pharmacy
located in Conyers, Ga. This marks the fourth net-leased CVS or Walgreens sale
by Ackerman in 2013.
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| Jason Powell |
The CVS is strategically positioned directly across the
street from Rockdale Medical Center, a 138-bed acute-care hospital in
Conyers, was constructed for Eckerd Drugs in 1996; CVS assumed the lease in
2009.
This well-located, single-tenant, net-leased investment
attracted many buyers from across the country seeking assets leased by Walgreens and CVS. The 9,504-square-foot CVS was
sold promptly, in an all cash deal, for approximately $1,900,000 to Florida
based LJL Holdings, LLC. The seller is a private entity based in New
Jersey.
For a complete copy
of the company’s news release, please contact:
Fara Wilson, VP of Marketing
770. 913.3904
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