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Shopping Neighborhood

Mariner's Point Shopping Center

6586 GA-40 E, Kingsland, GA 31548

Listing Price: $11,248,000

Cap Rate
7.28%
Gross SF
45,215
Rentable SF
45,215
Price/Gross SF
$248.77
Lot Size
7.46 acres
Year Built
2000

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a 100 percent occupied 45,215-square-foot, multi-tenant retail center that is well positioned to serve an affluent population in Kingsland, Georgia. Shadow-anchored by Walmart, Mariner's Point features a strong tenant base comprised largely of national tenants.

Investment Highlights

  • 45,215-Square-Foot, Multi-Tenant Neighborhood Retail Center
  • Shadow-Anchored by a High Traffic Walmart Location | Top Store Within a 15-Mile Radius and Ranked in the 72nd Percentile in the State of Georgia Based on Consumer Traffic
  • Stabilized Asset | 100% Occupied | All Leases are Triple-Net
  • Strong Base of Long-Term, Established Tenants, Comprised Largely of National and Regional Retailers (71% of the Gross Leasable Area) | Major Tenants Include Shoe Show, CATO, Hibbett Sporting Goods, and Bath & Body Works
  • Strategic, Central Location Between the Cities of Kingsland, St. Marys, and Kings Bay Base | Kings Bay Base is Home to 9,000+ Military Personnel and Provides $1.1 Billion Impact to the Local Economy

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Shopping Neighborhood

Mariner's Point Shopping Center

Listing Price: $11,248,000

Cap Rate
7.28%
Gross SF
45,215
Rentable SF
45,215
Price/Gross SF
$248.77
Lot Size
7.46 acres
Year Built
2000

Investment Highlights

  • 45,215-Square-Foot, Multi-Tenant Neighborhood Retail Center
  • Shadow-Anchored by a High Traffic Walmart Location | Top Store Within a 15-Mile Radius and Ranked in the 72nd Percentile in the State of Georgia Based on Consumer Traffic
  • Stabilized Asset | 100% Occupied | All Leases are Triple-Net
  • Strong Base of Long-Term, Established Tenants, Comprised Largely of National and Regional Retailers (71% of the Gross Leasable Area) | Major Tenants Include Shoe Show, CATO, Hibbett Sporting Goods, and Bath & Body Works
  • Strategic, Central Location Between the Cities of Kingsland, St. Marys, and Kings Bay Base | Kings Bay Base is Home to 9,000+ Military Personnel and Provides $1.1 Billion Impact to the Local Economy

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a 100 percent occupied 45,215-square-foot, multi-tenant retail center that is well positioned to serve an affluent population in Kingsland, Georgia. Shadow-anchored by Walmart, Mariner's Point features a strong tenant base comprised largely of national tenants.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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