271 Walmart WayEastanollee, GA 30538

Property Details for 271 Walmart Way

Lot size

1.16 AC

Property size (Sq ft)

3,200 SF

Property type

Retail properties

Property subtype

Retail space

Description

This exceptional investment opportunity presents a 3,200-square-foot single-tenant retail building leased to Verizon Wireless. Located in Eastanollee, Georgia, at 271 Walmart Way, this property sits on a 1.16-acre lot within a Walmart-anchored shopping center, benefiting from high visibility and traffic on State Highway 17 (17,600 AADT) and the Toccoa Bypass (6,420 AADT). The strong demographics include a daytime population of 20,709 within 5 miles, with an average household income of $72,713 within 1 mile. Co-tenants include The Home Depot, Mike Jones Ford, Sonic, Murphy USA, and more, ensuring consistent foot traffic. The property boasts a current Net Operating Income (NOI) of $90,295, resulting in a 7.75% cap rate. The lease, a net lease with a single tenant, has a remaining term of 4.7 years, expiring July 31, 2029, and includes a 5% rent bump option. This is a corporate-guaranteed lease with the largest premium Verizon retailer in the U.S., demonstrating a proven location and operational history. The property's proximity to Stephens County High School, Big A Elementary School, and local churches further enhances its appeal. This is a rare opportunity to acquire a well-positioned, stable, and high-performing retail investment. The asking price is $1,165,000, translating to a price per square foot of $364.06. A three-year lease option is available.

Location Insight

City

Eastanollee

County

Stephens

State

Georgia

Latitude

34.5466

Longitude

-83.2823

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