Neighborhood Shopping
For Sale
Contact for pricing
Pending
11 Lester Rd, Statesboro, GA 30458
Shopping center with discount retailers and recent tenant extensions, anchored by Big Lots and Buddy’s Home Furnishings.
Property SizeContact for details
Days on Market116
Property Features for 11 Lester Rd
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Palomar Real Estate Group
Listed By:
Steve Collins · License #GA 317459
Source:
Crexi
Added: Apr 12
Changed: Jul 21
Last Checked: Aug 4 at 11:58AM
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 Palomar Real Estate Group
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.
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
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
666
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30458, GA
48,526
Population
19,769
Households
2.5
Avg Household Size
27
Median Age
32%
College-Educated
92%
High-School Grad
142.3 sq mi
ZIP Area
341
Density / Sq Mi
$50,036
Median Household Income
$25,059
Median Earnings
$947
Median Rent
$190,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Gentilly Square Shopping Center — 602 Brannen St, Statesboro, GA 30458
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Frequently Asked Questions
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
