Receiver Sale | Top 24% Walgreens Nationwide | $363K NOI

4575 Altama Ave, Brunswick, GA 31520

Property Information

  • For Sale Contact for pricing
  • Property Type Retail - Free Standing Bldg
  • Property Size 14,820 SF
  • Lot Size 1.5 Acre
  • Year Built 2006
  • Date Updated May 15, 2026

Description

 Investment Highlights

  • Top 24% Most Visited Walgreens in U.S.: Over 362,800 annual visitors, with reported sales approximately 20% above the national average.
  • 5.1-Year NN Lease with Renewal Options: NN lease through April 2031 with two five-year renewal options generating $363,000 in annual rent.
  • 34,700+ Vehicles Per Day at Signalized: Signalized corner of Altama Avenue and Cypress Mill Road sees combined daily traffic of 34,700+.
  • Adjacent to Walmart, Near Glynn Isles: Directly next to Walmart Neighborhood Market and under one mile from Glynn Isles Mall (4M+ visits).
  • 20+ Years Operational History at Site: Built in 2006 on 1.50 acres with 14,820 SF and drive-thru pharmacy — a proven Walgreens location.
  • $363K Annual Rent, Zero Escalations: Flat $24.49 PSF rent with landlord duties limited to roof, structure, foundation, and HVAC only.

 Offering Summary

RealINSIGHT Marketplace, in partnership with JLL, is pleased to present 4575 Altama Avenue, a 14,820 SF single-tenant Walgreens Pharmacy located on 1.50 acres at the signalized intersection of Altama Avenue and Cypress Mill Road in Brunswick, Georgia. The tenant operates under a NN lease with approximately 5.1 years of guaranteed remaining term through April 2031, plus two five-year renewal options, generating $363,000 in annual base rent at $24.49 PSF with no escalations. Landlord responsibilities are limited to roof, structure, foundation, and HVAC replacement only. This location ranks in the top 24% of all Walgreens nationwide, attracting over 362,800 visitors annually, with reported sales approximately 20% above the national Walgreens average. The property sits within a well-established retail corridor just three miles northeast of downtown Brunswick, directly adjacent to Walmart Neighborhood Market and less than a mile from Glynn Isles shopping mall — a center anchored by Target, Lowe's, Ulta, PetSmart, and Ross that draws over 4 million visitors annually. Positioned along Georgia's southeastern coast between Savannah and Jacksonville, Brunswick benefits from steady population growth, strong tourism driven by the Golden Isles, and the Port of Brunswick, one of the nation's leading auto import ports.

Auctioneer: Lamar P. Fisher Fisher Auction Company Inc. License: AUNR003157. Starting Bid: $1,000,000. 

Contacts

RI Marketplace Marketing

RealINSIGHT Marketplace

Location

Contact Listing Broker
RI Marketplace Marketing

RealINSIGHT Marketplace

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