Listed by parker scott properties
$2,999,000
Ogeechee Plaza
Details
APN 2-0873 -01-022
Property Type Retail
Sub Type Storefront, Shopping Center
Square Footage 7,260
Units 1
Cap Rate 7.19%
NOI $226,395
Tenancy Multi
Lease Type NNN
Class B
Year Built 2023
Acreage 1.500
Zoning BC
Parking Spaces 38 spaces
Parking Per SqFt 5.23
Investment Type Owner/User
Ground Lease No
Sale Condition 1031 exchange
Retail Center for Sale | 7,260 SF
Marketing description
Investment opportunity offers investors a prime opportunity to acquire a stabilized, newly constructed shopping center in a booming location with 7.61 cap. With its modern design, strategic positioning, and high occupancy rate, this property is poised for strong returns and long-term growth. Don’t miss the chance to invest in this thriving commercial hub. Featuring six units, each 1,210 SF, located among multiple apartment complexes, and coming soon a Cracker Barrel and a new hotel adjacent to the property.
Investment highlights
- Built 2023
- 6 Units - Each 1,210 SF - 5 Units currently leased
- Multiple tenancy
- Zoned B-C
- 38 Parking spaces
- 7.61 Endcap
- Strategically located
Listing Contacts
Listed by parker scott properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$226,395.00
$18,866.25/mo
Valuation Metrics
0
DSCR
7.55%
Cap Rate
7.55%
ROI
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