24034 Us-80Statesboro, GA 30461

Property Details for 24034 Us-80

Year built

2024

Lot size

0.90 AC

Property size (Sq ft)

7,200 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional retail investment opportunity presents a fee-simple, 7,200 square foot, single-story building in Statesboro, Georgia. The property boasts a 100% occupancy rate with two corporate-guaranteed tenants: Five Guys and Mattress Warehouse, operating under a 10-year NNN lease with 10% rent bumps every five years. The property features a strong 6.75% cap rate, generating a net operating income (NOI) of $221,160. Situated on a 0.9-acre lot at 24034 US-80, this Class A property benefits from its prime location in a high-traffic commercial corridor, across from a top-performing Lowe's Home Improvement store and near other major retailers including Walmart, Panera Bread, Chick-fil-A, and Starbucks. The property's proximity to Statesboro Mall (321,000 square feet) and Georgia Southern University (over 25,506 students and 2,000 faculty/staff) ensures a robust customer base. The recent construction minimizes potential capital repair needs, and the property's location near the new Hyundai EV plant (a $5.5 billion investment) positions it for significant future growth. This is a rare opportunity to acquire a high-performing, multi-tenant retail asset in a rapidly developing market. The asking price is $3,276,000.

Location Insight

City

Statesboro

County

Bulloch

State

Georgia

Latitude

32.4325

Longitude

-81.7532

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