For Sale
$1,600,000

5302 Hwy Darien, GA 31305

High-yield retail center, strong tenants.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a 24,000-square-foot retail shopping center and storefront located at 5302 Hwy 17, Darien, GA 31305. The property, situated on a 3.97-acre lot (APN: D010 0007, D010 0008, D010 0006), boasts a desirable location on a busy McIntosh County intersection, just one mile from I-95 and the Darien waterfront. Currently, the center features two tenants, including a long-term lease with Family Dollar/Dollar Tree, and three month-to-month tenants. Three of the rental spaces offer the potential for combination into a larger unit, ideal for additional franchise opportunities. Built in 1960, the property includes a drive-through, 1.6 acres of developable green space for expansion, and two billboards generating substantial monthly income. The asking price is $1,600,000, representing a price per square foot of $66.67. The property has a 63% occupancy rate with a remaining lease term of 5 years on the primary tenant, under a NNN lease structure. This multi-tenant retail center offers a compelling blend of established income and significant upside potential.

Highlights

  • $1,600,000 asking price.
  • 24,000 square foot retail shopping center and storefront on a 3.97-acre lot.
  • Multi-tenant property with two tenants, 63% occupancy.
  • NNN lease type with a remaining lease term of 5 years.
  • Located at 5302 Hwy 17, Darien, GA 31305, APN: D010 0007, D010 0008, D010 0006.
  • $66.67 price per square foot.

Property Details for 5302 Hwy

Property type
Lifestyle centers, Power centers
Square Feet
24,000 SF
Year Built
1960
Lot Size (sq. ft)
172,933 SF

Location Insight

City
Darien
County
McIntosh
State
Georgia
Latitude
31.3870634
Longitude
-81.4322764

FAQs

What type of property is this?
Lifestyle center - High-yield retail center, strong tenants.
Where is the lifestyle center located?
The property is located at 5302 Hwy Darien, GA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: $1,600,000 asking price.; 24,000 square foot retail shopping center and storefront on a 3.97-acre lot.; Multi-tenant property with two tenants, 63% occupancy.
How can I contact the broker?
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5302 Hwy
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