11 Lester Rd Statesboro, GA 30458

Listing agency Palomar Real Estate Group

Listed by Steve Collins · License #GA 317459

Source Crexi

Added: Apr 12 Updated: Jul 21 at 1:38PM Checked: Jul 21 at 1:38PM

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Investment Insights

Based on property information with market context.

This shopping center benefits from strong tenant retention, including recent extensions by Big Lots and Buddy’s Home Furnishings. The property’s tenant mix is primarily discount retail, with 83% of GLA made up of discount retailers, and historical occupancy reported at over 97% over the past ten years.

Strong area demand is supported by traffic counts cited at 23,700 VPD on Northside Dr E. The subject is described as part of a retail cluster in the submarket with Statesboro Mall and Statesboro Crossing nearby, along with retailers including Walmart, Dick’s, and Lowe’s, plus several hotels and multiple restaurants.

For-sale marketing reflects continued stability within the shopping center, including sales performance tracking for Big Lots as referenced in the remarks.

Key Highlights

• Strong tenant retention with recent lease extensions by Big Lots and Buddy’s Home Furnishings
• Anchored shopping center with Big Lots and Buddy’s Home Furnishings
• Strong traffic counts: 23,700 VPD on Northside Dr E

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FAQs

What type of property is this?

Shopping center - Shopping center with discount retailers and recent tenant extensions, anchored by Big Lots and Buddy’s Home Furnishings.

Where is this shopping center located?

The property is located at 11 Lester Rd Statesboro, GA.

What are key features of this property?

This property features: Strong tenant retention with recent lease extensions by Big Lots and Buddy’s Home Furnishings; Anchored shopping center with Big Lots and Buddy’s Home Furnishings; Strong traffic counts: 23,700 VPD on Northside Dr E