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Community Shopping Center
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Pending

101 City Smitty Dr, Saint Marys, GA 31558

Retail center opportunity with existing occupancy and documented capitalization-rate performance.

Property Size122,247 SF
Days on Market131

Property Features for 101 City Smitty Dr

General Information

Standard status Pending
Size 122,247 SF
Property subtype Retail
Occupancy 75%

Additional Details

Cap Rate 8.01%

Building Details

Tenancy Multi
Listing Agency: Marcus & Millichap - Jacksonville
Listed By: Simon V. Grigoryan, CCIM, MBA · License #FL SL3322898
Source: Crexi
Added: Apr 23 Changed: Aug 30 Last Checked: Aug 30 at 3:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Jacksonville

Investment Insights

Based on property information with market context.

Kings Bay Village Shopping Center includes a 122,247 square foot portion of the broader retail center. The property is currently seventy-five percent occupied and carries an 8.01 percent capitalization rate. The offering is positioned as an investment property with additional leasing potential identified in the source information.

The center is located at 101 City Smitty Dr in St. Marys, Georgia. Its community shopping center format provides a multi-tenant retail setting within the Kings Bay Village development.

Key Highlights

  • 122,247 square foot portion of Kings Bay Village Shopping Center
  • Currently seventy‑five percent occupied
  • 8.01 percent capitalization rate

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Auto Parts Store Storage Facility Electrical Service Kitchen & Bath Showroom Law Firm HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

75%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

247
Businesses Nearby
79k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 42% Shops & Services 33% Apparel 22% Electronics 2%
Circle K Shops & Services
11,911 visits/mo 0.3 miles
Bealls Apparel
11,064 visits/mo 0.3 miles
Dollar Tree Shops & Services
8,018 visits/mo 0.3 miles
Wendy's Dining
7,613 visits/mo 0.3 miles
Arby's Dining
7,574 visits/mo 0.3 miles

Demographics for 31558, GA

21,348
Population
9,729
Households
2.2
Avg Household Size
35
Median Age
25%
College-Educated
93%
High-School Grad
71.8 sq mi
ZIP Area
297
Density / Sq Mi
$67,761
Median Household Income
$36,902
Median Earnings
$1,205
Median Rent
$250,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail center opportunity with existing occupancy and documented capitalization-rate performance.
Where is this shopping center located?
The property is located at 101 City Smitty Dr Saint Marys, GA.
What are key features of this property?
This property features: 122,247 square foot portion of Kings Bay Village Shopping Center; Currently seventy‑five percent occupied; 8.01 percent capitalization rate
More about this property
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