Air-Conditioned Retail with
For Sale
$1,395,000
11430 Tara Boulevard, Hampton, GA 30228
Includes 2,500 SF of air-conditioned retail plus an additional 2,000 SF for storage or showroom use.
Property Size4,490 SF
Days on Market112
Property Features for 11430 Tara Boulevard
General Information
Standard status
Active
Size
4,490 SF
Property subtype
Retail
Building Details
Building Size
4,490 SF
Year Built
2018
Listed By:
Trey DeSantis
(850) 766-6868
Source:
Tlgproperty
Added: May 16
Changed: Aug 31
Last Checked: Sep 2 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 Trey DeSantis
Investment Insights
Based on property information with market context.
This retail property is available for sale or lease and designed for immediate occupancy or redevelopment. The building offers 2,500 SF of full air-conditioned retail space, along with an additional 2,000 SF that can function as storage or showroom space. The flexible layout supports a range of retail or service-oriented uses.
The site is located along Tara Blvd. (HWY 41) with strong visibility and easy access. The surrounding area includes national and regional retailers and restaurants, and the property is described as benefiting from traffic counts in excess of 39,800 VPD. It also notes convenient proximity to dense residential and regional employment centers.
For tenants seeking a retail or automotive-type environment, the combination of customer-facing air-conditioned area and supplementary storage/showroom space provides workable options for day-to-day operations.
The site is located along Tara Blvd. (HWY 41) with strong visibility and easy access. The surrounding area includes national and regional retailers and restaurants, and the property is described as benefiting from traffic counts in excess of 39,800 VPD. It also notes convenient proximity to dense residential and regional employment centers.
For tenants seeking a retail or automotive-type environment, the combination of customer-facing air-conditioned area and supplementary storage/showroom space provides workable options for day-to-day operations.
Key Highlights
- 2,500 SF full air‑conditioned retail space plus an additional 2,000 SF for storage or showroom use
- Available for lease at $12,000/month (NNN)
- Flexible layout suited for retail or automotive‑type uses
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$63,154
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,263,080
$1.3M
Cap Rate 7%
$902,200
$902.2K
Cap Rate 9%
$701,711
$701.7K
Market Conditions
NOI Build-Up for 4,490 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$98.6K $21.96/SF
− Vacancy
−$8.4K −$1.87/SF
EGI
$90.2K $20.09/SF
− OpEx
−$27.1K −$6.03/SF
NOI
$63.2K $14.07/SF
Area
Henry County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,263,080
Cap Rate 7%
$902,200
Cap Rate 9%
$701,711
Alternative Uses
Best Use
Retail
$902.2K
$789.4K – $1.05M
NOI $63,154 @ 7.0% cap · market cap 4.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.26M
$1.10M – $1.46M
NOI $87,859 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
503
Businesses Nearby
Explore this area
Business Placement
Demographics for 30228, GA
51,000
Population
18,069
Households
2.8
Avg Household Size
36
Median Age
28%
College-Educated
92%
High-School Grad
73.1 sq mi
ZIP Area
698
Density / Sq Mi
$81,448
Median Household Income
$43,008
Median Earnings
$1,549
Median Rent
$263,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Includes 2,500 SF of air-conditioned retail plus an additional 2,000 SF for storage or showroom use.
Where is this retail space located?
The property is located at 11430 Tara Boulevard Hampton, GA.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: 2,500 SF full air‑conditioned retail space plus an additional 2,000 SF for storage or showroom use; Available for lease at $12,000/month (NNN); Flexible layout suited for retail or automotive‑type uses
