Grocery Store

Piggly Wiggly

123 S Main St, Gordon, GA 31031

Listing Price: $1,200,000

Cap Rate
10.52%
Tenant Name
Piggly Wiggly
Years Remaining On Lease
1.30
Gross SF
20,257
Guarantor
Franchisee Guarantee
Rentable SF
20,257
Price/Gross SF
$59.24
Lease Type
Absolute Net
Rent Per Square Feet
$6.23

Investment Overview

Marcus & Millichap is pleased to exclusively list a single tenant retail building located in Gordon (Wilkinson County), Georgia. The subject property is 100 % occupied by Piggly Wiggly which has been in the same location for since 2012 with the location operating as a grocery store since 1982. The approximately 20,257 square foot building is located at 123 Main Street and is within proximity to many national retail tenants, highways, public transit, and multi family residential communities. This location is guaranteed by HAC, Inc. (http://hacretail.com/) which is currently operating 74 stores.

Gordon is a city in Wilkinson County, Georgia, United States. As of the 2000 census, the city population was 2,152. Located in the center of the Kaolin Belt, the City of Gordon was founded as a depot on the Central of Georgia Railway. Gordon is the largest city in Wilkinson county and the main industry is the manufacturing of kaolin, which is used worldwide. The city was named after William Washington Gordon, a railroad official. The median income for a household in the city was $32,891, and the median income for a family was $39,189. Males had a median income of $33,661 versus $20,968 for females. The per capita income for the city was $13,771. About 19.3% of families and 21.4% of the population were below the poverty line, including 30.4% of those under age 18 and 15.9% of those age 65 or over.

Investment Highlights

  • Settled on Two Acre Lot
  • Guaranteed by HAS, Inc. (http://hacretail.com/)
  • Two Five Year Renewal Options Remaining
  • Over 125 Parking Spaces Available
  • Has Been in Same Location Since 2012
  • 20,257 Square Foot Building

Exclusively Listed By

Listing Price: $1,200,000

Cap Rate
10.52%
Tenant Name
Piggly Wiggly
Years Remaining On Lease
1.30
Gross SF
20,257
Guarantor
Franchisee Guarantee
Rentable SF
20,257
Price/Gross SF
$59.24
Lease Type
Absolute Net
Rent Per Square Feet
$6.23

Investment Highlights

  • Settled on Two Acre Lot
  • Guaranteed by HAS, Inc. (http://hacretail.com/)
  • Two Five Year Renewal Options Remaining
  • Over 125 Parking Spaces Available
  • Has Been in Same Location Since 2012
  • 20,257 Square Foot Building

Investment Overview

Marcus & Millichap is pleased to exclusively list a single tenant retail building located in Gordon (Wilkinson County), Georgia. The subject property is 100 % occupied by Piggly Wiggly which has been in the same location for since 2012 with the location operating as a grocery store since 1982. The approximately 20,257 square foot building is located at 123 Main Street and is within proximity to many national retail tenants, highways, public transit, and multi family residential communities. This location is guaranteed by HAC, Inc. (http://hacretail.com/) which is currently operating 74 stores.

Gordon is a city in Wilkinson County, Georgia, United States. As of the 2000 census, the city population was 2,152. Located in the center of the Kaolin Belt, the City of Gordon was founded as a depot on the Central of Georgia Railway. Gordon is the largest city in Wilkinson county and the main industry is the manufacturing of kaolin, which is used worldwide. The city was named after William Washington Gordon, a railroad official. The median income for a household in the city was $32,891, and the median income for a family was $39,189. Males had a median income of $33,661 versus $20,968 for females. The per capita income for the city was $13,771. About 19.3% of families and 21.4% of the population were below the poverty line, including 30.4% of those under age 18 and 15.9% of those age 65 or over.

Exclusively Listed By

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