713 E Calhoun St Bainbridge, GA 39817

This retail property is located in downtown Bainbridge, adjacent to Chason Park and the Riverwalk, benefiting from consistent foot traffic and recent area growth. The property is positioned to capitalize on the area's increasing visitor numbers and strong demand for local businesses. Current tenants are leasing at an average of $7.33 per square foot, which is below the market average of $11.42 per square foot, presenting a mark-to-market opportunity. All existing leases are full gross, offering the potential to transition to Modified Gross or NNN leases upon renewal, which could increase net operating income and stabilize long-term cash flow. The property benefits from a long-term, local tenant mix and a low vacancy rate of 3.0% within a 3-mile radius. The Bainbridge market is experiencing new development, with Publix, Aldi, and Anovion set to open within the next year. Located 40 miles from the Tallahassee MSA, the property benefits from access to one of the Florida Panhandle’s key economic hubs. The property size is 17580 square feet.