715 E Calhoun St - Retail FOR SALE
Bainbridge, GA 39817 |
$1,250,000 USD
864-233-2007
715 E Calhoun St
Bainbridge, GA 39817
HIGHLIGHTS
- Significant Rental Growth Potential: Current tenants are leasing at an average of $7.33/SF, well below the market average of $11.42/SF.
- Prime Downtown Location with Nearby Attractions: Situated in downtown Bainbridge beside Chason Park and the Riverwalk.
- Lease Optimization: All existing leases are full gross, offering investors the ability to transition to Modified Gross or NNN leases upon renewal.
- Historically Low Vacancy & Strong Tenant Retention: The property benefits from a long-term.
- Growth Catalyst – New Developments Nearby: The Bainbridge market is experiencing a surge in development, with Publix, Aldi, and Anovion set to open.
- Proximity to the Tallahassee MSA: Located 40 miles from the Tallahassee MSA.
FOR SALE DETAILS
PRICE
$1,250,000 USD
PRICE/SF
$71 USD /SF
CAP RATE
7.53%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
THE AVENUES
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2003
SPRINKLERS
-
PARKING SPACES
65
LAND DETAILS
LAND ACRES
1.2 AC
LAND SF
52,272 SF
ZONING
-
APN/PARCEL ID
B0320-180-000
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864-233-2007
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864-233-2007
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