1111 Magnolia Bluff WayDarien, GA 31305

Property Details for 1111 Magnolia Bluff Way

Year built

1995

Lot size

42.19 AC

Property size (Sq ft)

277,237 SF

Property type

Outlet malls

Property subtype

Lifestyle centers

Description

This 277,237 square foot, Class B shopping center in Darien, Georgia presents a compelling value-add redevelopment opportunity. Currently 7% occupied, the property offers significant upside potential with flexible zoning and no existing leases limiting redevelopment. Situated on a 42.19-acre lot, the center boasts excellent visibility and highway access, directly adjacent to I-95 with strong daily traffic counts exceeding 61,100 vehicles. The asking price is $7,500,000 ($27.05/sq ft, $177,767/acre), significantly below replacement cost. The property is strategically located between Jacksonville and Savannah, near Brunswick, and benefits from a high average household income of $99,031 within a 5-mile radius. Current tenant is a YMCA. The property's location near McDonald's and Burger King further enhances its appeal. This distressed asset offers a unique chance to capitalize on a prime location and substantial land area. The 1995-built center is ready for a complete transformation.

Location Insight

City

Darien

County

McIntosh

State

Georgia

Latitude

31.396

Longitude

-81.4522

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