Shopping Strip
Garden Plaza
2525 N Ashley St, Valdosta, GA 31602
Listing Price: $3,150,000
Investment Overview
Marcus & Millichap is pleased to present a rare opportunity to acquire a well-positioned, unanchored retail strip center with exceptional visibility along a major thoroughfare in the growing market of Valdosta, Georgia. This stabilized asset offers investors immediate cash flow with a clear path to value creation
through rental upside—current in-place rents average approximately 20% below market, creating a strategic opportunity to increase income as leases roll.
The property features a synergistic tenant mix of restaurants and service-based operators, which helps drive consistent foot traffic and enhances consumer draw. Located in an expanding trade area, the surrounding population is projected to grow over 3.3% in the next five years, supporting long-term demand for retail services and tenant stability.
Garden Plaza
Investment Highlights
- Offered at a Significant Discount to Replacement Cost: Priced at Just $159 per Square Foot, Well Below Estimated Retail Replacement Cost—offering Built-in Value and Strong Upside for Investors.
- Below-Market Rents Offer Investor Upside Current Average Rents of $11.57/SF are Nearly 20% Below The Submarket Average of $14.13/SF (source: Costar), Presenting a Clear Opportunity to Increase Rents
- Positioned in a Growth Market: Located in a Growing Submarket with a Projected 4% Population Increase Over The Next Five Years, Driving Future Demand for Retail Goods and Services.
Exclusively Listed By
Broker of Record
Listing Price: $3,150,000
Investment Highlights
- Offered at a Significant Discount to Replacement Cost: Priced at Just $159 per Square Foot, Well Below Estimated Retail Replacement Cost—offering Built-in Value and Strong Upside for Investors.
- Below-Market Rents Offer Investor Upside Current Average Rents of $11.57/SF are Nearly 20% Below The Submarket Average of $14.13/SF (source: Costar), Presenting a Clear Opportunity to Increase Rents
- Positioned in a Growth Market: Located in a Growing Submarket with a Projected 4% Population Increase Over The Next Five Years, Driving Future Demand for Retail Goods and Services.
Investment Overview
Marcus & Millichap is pleased to present a rare opportunity to acquire a well-positioned, unanchored retail strip center with exceptional visibility along a major thoroughfare in the growing market of Valdosta, Georgia. This stabilized asset offers investors immediate cash flow with a clear path to value creation through rental upside—current in-place rents average approximately 20% below market, creating a strategic opportunity to increase income as leases roll. The property features a synergistic tenant mix of restaurants and service-based operators, which helps drive consistent foot traffic and enhances consumer draw. Located in an expanding trade area, the surrounding population is projected to grow over 3.3% in the next five years, supporting long-term demand for retail services and tenant stability.
Exclusively Listed By
Broker of Record
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