Value Add Retail Center

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30657889
Property Subtypes: Street Retail
Status: Pending/Contingent
Building Size (RSF): 53,374 SF
Gross Building Area: See Agent
Sale Price: $2,100,000
Unit Price: $39.34 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Short Sale/Bank-Owned: Yes
Cap Rate: Undisclosed
Last Updated: 10/9/2021

Overview / Comments

Excellent retail located in Valdosta Georgia on Bemiss Rd which is a major corridor into Valdosta with over 32,000 daily
travelers. This Center is a 53, 374+/- square feet neighborhood shopping center originally built in 2005 sitting on 5.57 acres
at a lighted intersection with over 700' of frontage along Bemiss Road. The main big box (47,176+/- sq. ft. ) was previously a
Winn Dixie Grocery with one additional local space in the main building of 1806 sq. ft. (Currently Occupied by BeBe Nails)
There is an additional outparcel building of approximately 4,442sq. ft. which is currently occupied by 3 tenants. (H&R Block,
Cut of Cuts Barber Shop Oriental Taste, Restaurant). There are over 190 parking spaces onsite.

Additional Details

Nearest MSA: Valdosta
County: Lowndes
Tax ID/APN: 0146A 097
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,364 22,300 60,935
Median Age: 29.21 30.91 29.83
Households: 1,229 8,679 23,013

Contact

Photograph of Listing Agent

Carlton Dean, SIOR, CCIM

SVN | SouthLand Commercial TALrex.com Member
Photograph of Listing Agent

Francis P. Rentz, CCIM

SVN | SouthLand Commercial TALrex.com Member
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