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Income-Producing Parking Lot Investment
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106 General Screven Way, Hinesville, GA 31313

NNN leased parking lot with redevelopment potential.

Property Size11,325 SF
Price / SF$37.09
Days on Market1684

Property Features for 106 General Screven Way

General Information

Standard status Active
Size 11,325 SF
Property subtype Special Purpose
Zoning C2- Commercial
Occupancy 100%
Lease Type NNN
Net Operating Income $26,400

Building Details

Tenancy Single
Listing Agency: Stonestreet Properties, LLC
Listed By: Jack Hall · License #GA #356929
Source: Crexi
Added: Jan 31, 2022 Changed: Aug 16 Last Checked: Sep 11 at 5:54AM

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 Stonestreet Properties, LLC

Investment Insights

Based on property information with market context.

This newly constructed parking lot is available as an investment property with a long-term, income-producing absolute NNN lease agreement. The Triple Net (NNN) Lease has 7 years remaining and is leased to PBC Plasma, Inc. The absolute NNN lease structure provides virtually zero landlord responsibilities, offering passive ownership and durable cash flow during the investment period, resulting in protection against future expense inflation risk. The lease agreement was crafted with ease of ownership in mind, as all expenses are passed along directly to the tenant. The 100%-leased rent roll provides a long-term and attractive inflation-protected income stream with annual increases. The property offers a great location for future redevelopment opportunities. The property size is 11325 square feet and is located at 106 General Screven Way, Hinesville, GA 31313.

Key Highlights

  • Long‑term, income‑producing absolute NNN lease agreement in place.
  • Enjoy virtually zero landlord responsibilities due to the absolute NNN lease.
  • Stable income stream with annual increases, protected against inflation.

Property Analytics

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Current Use

Parking lots & garages

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom HVAC Service Electrical Service Cafe & Coffee Shop Storage Facility

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

Location Intelligence

Trade Area within ½ mile

1,078
Businesses Nearby
361k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 37% Shops & Services 34% Groceries 11% Apparel 8%
Kroger Groceries
38,264 visits/mo 0.3 miles
McDonald's Dining
23,437 visits/mo 0.4 miles
Ollie's Bargain Outlet Shops & Services
17,514 visits/mo 0.1 miles
Dollar Tree Shops & Services
16,709 visits/mo 0.2 miles
Taco Bell Dining
15,186 visits/mo 0.5 miles

Demographics for 31313, GA

41,474
Population
17,590
Households
2.4
Avg Household Size
30
Median Age
20%
College-Educated
93%
High-School Grad
61.1 sq mi
ZIP Area
679
Density / Sq Mi
$59,443
Median Household Income
$38,657
Median Earnings
$1,143
Median Rent
$173,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Similar Off Market Nearby

  • U-Haul Neighborhood Dealer 229 W General Screven Way Ste M4, Hinesville, GA 31313
  • Enterprise Rent-A-Car 401 W Oglethorpe Hwy, Hinesville, GA 31313
  • Hot shot trailers 300 W Court St, Hinesville, GA 31313
  • U-Haul Neighborhood Dealer 404 Fraser Cir, Hinesville, GA 31313
  • Liberty Automotive Group Inc Hinesville, GA 31310

Frequently Asked Questions

What type of property is this?
Parking lot & garage - NNN leased parking lot with redevelopment potential.
Where is this parking lot & garage located?
The property is located at 106 General Screven Way Hinesville, GA.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Long‑term, income‑producing absolute NNN lease agreement in place.; Enjoy virtually zero landlord responsibilities due to the absolute NNN lease.; Stable income stream with annual increases, protected against inflation.
(540) 808-6109 Call to check price and availability
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