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Shopping Strip

Walmart Shadow Center

116 Benjamin H Hill Dr W, Fitzgerald, GA 31750

Listing Price: $2,180,000

Cap Rate
7.50%
Gross SF
32,800
Rentable SF
32,800
Price/Gross SF
$66.46
Lot Size
4.21 acres
Year Built
2003

Investment Overview

WALMART SHADOW ANCHORED CENTER • The subject property is a 32,800 SF Walmart Supercenter shadow anchored retail center located in Fitzgerald, GA • The property presents an immediate upside opportunity as it is 79% leased and includes a complimentary mix of restaurants, service tenants, and national brands such as CATO & Shoe Show • This center is shadow anchored by a high performing Walmart since 2003 | Walmart owns the Walmart • This Walmart sees 1.5M visits per y ear VALUE-ADD | IMMEDIATE UPSIDE OP PORTUNITY • This shopping center is 79% leased, presenting immediate upside opportunity for an investor • Average Rent: $7.21 DOMINANT RETAIL LOCATION | REGIONAL TRADE AREA • This location pulls f rom a 25+ mile tr ade area TRADE AREA DEMOGRAPHICS • Population: 19,117 • Average Household Income: $41,099 FITZGERALD, GA • Fitzgerald is the county seat of Ben Hill County and is located in the south-central portion of GA. • Fitzgerald is well located only 25 miles E ast of Interstate 75 (53,000 VPD) • Fitzgerald boasts a state-of-the-art airport with a 5,000 foot runway, a mainline railroad owned and operated by the CSX Corporation, an abundant workforce, many industrial properties and access to major markets in the Southeastern U.S. Home to Dorminy Medical Center, a 75-bed hospital that employees over 200 people and ranked in the top 10 best small h ospitals in the state. • Home to multiple schools including Fitzgerald High School College and Career Academy (829 Students), Ben Hill Elementary School (722 Students), and many more.

Investment Highlights

  • High Performing Walmart Shadow Anchor
  • Value-Add 79% Leased
  • Priced Below Replacement Cost | $66.46 PSF
  • Below Market Rent $7.21
  • Regional Trade Area 25+ Miles
  • 1.5M Annual Visits

Exclusively Listed By

Financing By

Shopping Strip

Walmart Shadow Center

Listing Price: $2,180,000

Cap Rate
7.50%
Gross SF
32,800
Rentable SF
32,800
Price/Gross SF
$66.46
Lot Size
4.21 acres
Year Built
2003

Investment Highlights

  • High Performing Walmart Shadow Anchor
  • Value-Add 79% Leased
  • Priced Below Replacement Cost | $66.46 PSF
  • Below Market Rent $7.21
  • Regional Trade Area 25+ Miles
  • 1.5M Annual Visits

Investment Overview

WALMART SHADOW ANCHORED CENTER • The subject property is a 32,800 SF Walmart Supercenter shadow anchored retail center located in Fitzgerald, GA • The property presents an immediate upside opportunity as it is 79% leased and includes a complimentary mix of restaurants, service tenants, and national brands such as CATO & Shoe Show • This center is shadow anchored by a high performing Walmart since 2003 | Walmart owns the Walmart • This Walmart sees 1.5M visits per y ear VALUE-ADD | IMMEDIATE UPSIDE OP PORTUNITY • This shopping center is 79% leased, presenting immediate upside opportunity for an investor • Average Rent: $7.21 DOMINANT RETAIL LOCATION | REGIONAL TRADE AREA • This location pulls f rom a 25+ mile tr ade area TRADE AREA DEMOGRAPHICS • Population: 19,117 • Average Household Income: $41,099 FITZGERALD, GA • Fitzgerald is the county seat of Ben Hill County and is located in the south-central portion of GA. • Fitzgerald is well located only 25 miles E ast of Interstate 75 (53,000 VPD) • Fitzgerald boasts a state-of-the-art airport with a 5,000 foot runway, a mainline railroad owned and operated by the CSX Corporation, an abundant workforce, many industrial properties and access to major markets in the Southeastern U.S. Home to Dorminy Medical Center, a 75-bed hospital that employees over 200 people and ranked in the top 10 best small h ospitals in the state. • Home to multiple schools including Fitzgerald High School College and Career Academy (829 Students), Ben Hill Elementary School (722 Students), and many more.

Exclusively Listed By

Financing By

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