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Shopping Strip

Shops at Pooler Parkway

801 Pooler Pkwy, Pooler, GA 31322

Listing Price: $6,500,000

Cap Rate
5.51%
Rentable SF
10,243
Lot Size
1.58 acres
Year Built
2019

Investment Overview

Shops at Pooler Parkway is a fully occupied "A" class 10,243 square foot shopping center built in 2019. It has a synergistic mix of 6 tenants - Golden Tribe Barbershop, Ericka J. Garden 7 Cosmetics, Sunset Intimates, Wild Side Vape Shop, Papaya Thai Cuisine & Sushi Bar, and Slapfish. All the leases are structured with 3% annual rent increases and each tenant reimburses for their pro-rata share of the expenses. The center sits on 1.58 acres with great visibility and access from Pooler Parkway which has over 30,000 vehicles per day. The property is in close proximity to a large dense retail corridor including the Tanger Outlets. It is also sits less than 2 miles off I-95 and near the Savannah/Hilton Head Airport. The area has seen explosive population growth over 200% since 2000 and projected to grow an additional 13% in the next 5 years.

Investment Highlights

  • 100% Occupied Class "A" Retail Center | New 2019 Construction
  • 10,243 SF Inline Retail with Drive-Thru End-Cap | Synergistic Tenant Mix
  • Recent Lease Activity and Extensions | 4 Year WALT Remaining
  • Leases all contain 3% Annual Rent Increases and NNN Reimbursements
  • 203.3% Population Growth since 2000 | Additional 12.7% Growth Expected in 5 Years
  • 1.58 Acre Parcel with Great Access and Visibility from Pooler Parkway (30,000+ VPD)
  • Located near Dense Retail Corridor | Close Proximity to Major Highways and Savannah/Hilton Head International Airport

Exclusively Listed By

Shopping Strip

Shops at Pooler Parkway

Listing Price: $6,500,000

Cap Rate
5.51%
Rentable SF
10,243
Lot Size
1.58 acres
Year Built
2019

Investment Highlights

  • 100% Occupied Class "A" Retail Center | New 2019 Construction
  • 10,243 SF Inline Retail with Drive-Thru End-Cap | Synergistic Tenant Mix
  • Recent Lease Activity and Extensions | 4 Year WALT Remaining
  • Leases all contain 3% Annual Rent Increases and NNN Reimbursements
  • 203.3% Population Growth since 2000 | Additional 12.7% Growth Expected in 5 Years
  • 1.58 Acre Parcel with Great Access and Visibility from Pooler Parkway (30,000+ VPD)
  • Located near Dense Retail Corridor | Close Proximity to Major Highways and Savannah/Hilton Head International Airport

Investment Overview

Shops at Pooler Parkway is a fully occupied "A" class 10,243 square foot shopping center built in 2019. It has a synergistic mix of 6 tenants - Golden Tribe Barbershop, Ericka J. Garden 7 Cosmetics, Sunset Intimates, Wild Side Vape Shop, Papaya Thai Cuisine & Sushi Bar, and Slapfish. All the leases are structured with 3% annual rent increases and each tenant reimburses for their pro-rata share of the expenses. The center sits on 1.58 acres with great visibility and access from Pooler Parkway which has over 30,000 vehicles per day. The property is in close proximity to a large dense retail corridor including the Tanger Outlets. It is also sits less than 2 miles off I-95 and near the Savannah/Hilton Head Airport. The area has seen explosive population growth over 200% since 2000 and projected to grow an additional 13% in the next 5 years.

Exclusively Listed By

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