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Value-Add Retail Portfolio Opportunity
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855 N Church St, Thomaston, GA 30286

Portfolio includes two shopping centers and adjacent vacant land, anchored by a Walmart shadow center and a Home Depot ground lease.

Property SizeContact for details
Days on Market133

Property Features for 855 N Church St

General Information

Standard status Active
Property subtype Retail
Listing Agency: Marcus & Millichap - Fort Lauderdale
Listed By: Lori Schneider · License #NC LC152
Source: Crexi
Added: Apr 11 Changed: Aug 14 Last Checked: Aug 14 at 7:53AM

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 Marcus & Millichap - Fort Lauderdale

Investment Insights

Based on property information with market context.

This value-add retail portfolio includes Thomaston South, an approximately 51,600-square-foot shopping center that is about 80% occupied and serves as a Walmart shadow-anchored location. It also includes Thomaston North, a roughly 26,258-square-foot shopping center that is about 45.7% occupied, along with adjacent vacant land and a Home Depot ground lease.

The properties are located on the main thoroughfare in Thomaston, Georgia. The portfolio is being sold by the developer and is the first time it has been offered to the market. The properties may be purchased together or separately.

Taken as a whole, the package combines established retail occupancy across two centers with additional land and a ground-leased component tied to Home Depot.

Key Highlights

  • Value‑add portfolio includes Thomaston South, a 51,600 SF Walmart shadow‑anchored shopping center at 80% occupancy
  • Includes Thomaston North, a 26,258 SF shopping center at 45.7% occupancy
  • Thomaston North also includes adjacent vacant land

Property Analytics

Current Use

Walmart Vision & Glasses Ophthalmologist Regal Nails Nail Salon Subway Take-out & Catering Walmart Money Center Check Cashing H&R Block Tax Preparation

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Restaurant Dental Office Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

114
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Valero Energy Shops & Services
1,765 visits/mo 0.2 miles

Demographics for 30286, GA

24,115
Population
10,903
Households
2.2
Avg Household Size
42
Median Age
15%
College-Educated
85%
High-School Grad
199.3 sq mi
ZIP Area
121
Density / Sq Mi
$50,526
Median Household Income
$36,996
Median Earnings
$781
Median Rent
$150,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Portfolio includes two shopping centers and adjacent vacant land, anchored by a Walmart shadow center and a Home Depot ground lease.
Where is this shopping center located?
The property is located at 855 N Church St Thomaston, GA.
What are key features of this property?
This property features: Value‑add portfolio includes Thomaston South, a 51,600 SF Walmart shadow‑anchored shopping center at 80% occupancy; Includes Thomaston North, a 26,258 SF shopping center at 45.7% occupancy; Thomaston North also includes adjacent vacant land
(954) 849-7522 Call to check price and availability
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