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Ground-Level Office Unit
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106 Shoppers Way #110-111, Brunswick, GA 31525

The suite combines two open rooms with a reception area and two ADA bathrooms.

Property Size1,570 SF
Price / SF$1.50
Days on Market138

Property Features for 106 Shoppers Way #110-111

General Information

Standard status Active
Size 1,570 SF
Property subtype Commercial

Additional Details

Floor Ground Level
Office Units 1
Property Use Office

Building Details

Year Built 1986
Tenancy Multi
Listing Agency: Driggers Commercial Group, Inc
Listed By: Robert E Driggers Jr. · License #278693
Source: Atlanticsaltrealty
Added: Jun 16 Changed: Oct 30 Last Checked: Oct 30 at 2:28PM

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 Driggers Commercial Group, Inc

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Investment Insights

Based on property information with market context.

This 1,570 +/- SF office unit is at ground level and contains two large open rooms, a reception area, and two ADA bathrooms. The property was built in 1986, and parking is available on site.

The office is behind the IMAX theater at Glynn Place Mall in Brunswick, within a development that also includes a speech clinic, psychiatry practice, pediatric dentist, and coastal community health provider.

Key Highlights

  • Approximately 1,570 +/- SF of office space
  • Two large open rooms and a separate reception area
  • Two ADA bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,981
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,620 $319.6K
Cap Rate 7%
$228,300 $228.3K
Cap Rate 9%
$177,567 $177.6K
Market Conditions
NOI Build-Up for 1,570 SF
Gross rent
$27.3K $17.40/SF
− Vacancy
−$6.0K −$3.83/SF
EGI
$21.3K $13.57/SF
− OpEx
−$5.3K −$3.39/SF
NOI
$16.0K $10.18/SF
Area
Glynn County, GA
Vacancy
22.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,620
Cap Rate 7%
$228,300
Cap Rate 9%
$177,567

Alternative Uses

Best Use
Office B
$228.3K
$199.8K – $266.4K (±1% cap)
NOI $15,981 @ 7.0% cap · market cap 678.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$325.8K
$285.1K – $380.1K (±1% cap)
NOI $22,808 @ 7.0% cap · market cap 968.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Mark Wylie Physician Koss III Gerald ... Physician Buchil Ian OD Physician The Speech Clinic Physician Coastal Hospice of Georgia Nursing Home

Suggested Use

Top Pick Law Firm Real Estate Agency Big Box & Wholesale Store HVAC Service Parking Lot & Garage Kitchen & Bath Showroom

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

1
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

798
Businesses Nearby

Demographics for 31525, GA

28,766
Population
12,373
Households
2.3
Avg Household Size
40
Median Age
22%
College-Educated
89%
High-School Grad
98.3 sq mi
ZIP Area
293
Density / Sq Mi
$65,896
Median Household Income
$37,145
Median Earnings
$1,137
Median Rent
$198,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The suite combines two open rooms with a reception area and two ADA bathrooms.
Where is this office unit located?
The property is located at 106 Shoppers Way #110-111 Brunswick, GA.
What are key features of this property?
This property features: Approximately 1,570 +/- SF of office space; Two large open rooms and a separate reception area; Two ADA bathrooms
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Includes: Price & PSF · Cap rate · Location · Zoning

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