Fully Leased Mixed-Use
For Sale
$2,995,000
208 Scranton Connector, Brunswick, GA 31525
Commercial Sale, Brunswick, GA
Property Size22,400 SF
Lot Size1.58 Acres
Price / SF$133.71
Days on Market629
Property Features for 208 Scranton Connector
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
110
Subdivision
Glynn Place Commercial Park
Directions
From intersection of Golden Isles Parkway and Scranton Road, follow Scranton Road east to Scranton Connector. Turn right and 208 Scranton Connector Office/Retail Center is on the left. Look for sign (building is a light blue in color).
Standard status
Active
APN
03-19958
Lot size
1.58 Acres
Taxes and HOA fees
Tax Description
Glynn Co Parcel ID #03-19958
Legal Description
Glynn Co Parcel ID #03-19958
Utilities
Sewer type
Private Sewer
Water source
Public
Building Details
Year built
2007
Listing Agency:
Don Wright & Associates
(912) 638-4740
Listed By:
Don Wright · License #12088
(912) 222-0133
Added: Dec 5, 2024
Changed: Aug 20
Last Checked: Aug 26 at 3:06AM
MLS# 1650614
Copyright © 2026 Golden Isles Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use commercial property contains a 22,400-square-foot office and retail center that is fully leased. The building was constructed in 2007 and occupies a 1.58-acre site, providing a defined commercial setting for its existing office and retail configuration.
The property is located at 208 Scranton Connector in Brunswick, Georgia, within Glynn County. Public water and private sewer serve the site. The combination of established occupancy, office and retail space, and a documented construction date provides a clear overview of the asset’s physical and operating profile.
The property is located at 208 Scranton Connector in Brunswick, Georgia, within Glynn County. Public water and private sewer serve the site. The combination of established occupancy, office and retail space, and a documented construction date provides a clear overview of the asset’s physical and operating profile.
Key Highlights
- Fully leased 22,400 SF office and retail center
- 1.58‑acre commercial site
- Built in 2007
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
$228,010
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
7.61%
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%
$4,560,200
$4.6M
Cap Rate 7%
$3,257,286
$3.3M
Cap Rate 9%
$2,533,444
$2.5M
Market Conditions
NOI Build-Up for 22,400 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
$389.8K $17.40/SF
− Vacancy
−$85.7K −$3.83/SF
EGI
$304.0K $13.57/SF
− OpEx
−$76.0K −$3.39/SF
NOI
$228.0K $10.18/SF
Area
Glynn County, GA
Vacancy
22.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
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%
$4,560,200
Cap Rate 7%
$3,257,286
Cap Rate 9%
$2,533,444
Alternative Uses
Best Use
Office B
$3.26M
$2.85M – $3.80M
NOI $228,010 @ 7.0% cap · market cap 7.61%
Second Best
Mixed Use
$2.85M
$2.49M – $3.33M
NOI $199,584 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$4.65M
$4.07M – $5.42M
NOI $325,420 @ 7.0% cap · market cap 10.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
713
Businesses Nearby
Explore this area
Business Placement
Demographics for 31525, GA
28,766
Population
12,373
Households
2.3
Avg Household Size
40
Median Age
22%
College-Educated
89%
High-School Grad
98.3 sq mi
ZIP Area
293
Density / Sq Mi
$65,896
Median Household Income
$37,145
Median Earnings
$1,137
Median Rent
$198,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Office and retail uses are combined within a fully leased commercial property.
Where is this mixed-use property located?
The property is located at 208 Scranton Connector Brunswick, GA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Fully leased 22,400 SF office and retail center; 1.58‑acre commercial site; Built in 2007
