Freestanding Absolute NNN Retail
For Sale
Contact for pricing
Pending
3406 N Valdosta Rd, Valdosta, GA 31602
Absolute NNN freestanding retail building leased to Badcock Home Furniture under a new 15-year agreement with renewal options.
Property SizeContact for details
Days on Market146
Property Features for 3406 N Valdosta Rd
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Business Included
Yes
Traffic Count
34,700 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
Listed By:
Patrick R. Luther, CCIM · License #01912215
(480) 221-4221
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Sep 3 at 7:44AM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This freestanding, absolute NNN retail property is offered with fee simple land and building ownership. The asset is leased to Badcock Home Furniture under a brand new 15-year lease featuring four (4) five-year options to extend. Rental payments include 2% annual increases starting in year 3 and continuing through the option periods. The absolute NNN structure is described as having zero landlord responsibilities.
The property is located along Valdosta Road, which averages 34,700 vehicles passing by daily and is identified as a major retail thoroughfare serving Valdosta. It is less than a mile northeast of Bakersmith Corners Shopping Center, a 117,000-square-foot shopping mall with major tenants including Winn Dixie and Planet Fitness, and just west of Perimeter Park, a 52,000-square-foot shopping center anchored by Publix. Nearby national or credit tenants referenced include Walmart Supercenter, Big Lots!, Walgreens, Harbor Freight Tools, and Hibbett Sports. The area also includes nearby multi-family properties such as Three Oaks Apartments (240 units) and Staten Crossing (144 units).
The property is located along Valdosta Road, which averages 34,700 vehicles passing by daily and is identified as a major retail thoroughfare serving Valdosta. It is less than a mile northeast of Bakersmith Corners Shopping Center, a 117,000-square-foot shopping mall with major tenants including Winn Dixie and Planet Fitness, and just west of Perimeter Park, a 52,000-square-foot shopping center anchored by Publix. Nearby national or credit tenants referenced include Walmart Supercenter, Big Lots!, Walgreens, Harbor Freight Tools, and Hibbett Sports. The area also includes nearby multi-family properties such as Three Oaks Apartments (240 units) and Staten Crossing (144 units).
Key Highlights
- Fee simple (land & building) sale of a freestanding retail property leased to Badcock Home Furniture.
- New 15‑year lease with 4 renewal options (4th option includes 5‑year term).
- Absolute NNN lease with zero landlord responsibilities.
Property Analytics
Property Profile
Current Use
Lease Details
34,700 VPD
Traffic count
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
847
Businesses Nearby
118k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 27%
Apparel 10%
Home Improvements & Furnishings 1%
Chick-fil-A
Dining
45,571 visits/mo
0.2 miles
Starbucks
Dining
18,765 visits/mo
0.3 miles
Dollar General
Shops & Services
12,239 visits/mo
0.3 miles
Boot Barn
Apparel
11,456 visits/mo
0.5 miles
The UPS Store
Shops & Services
6,937 visits/mo
0.4 miles
Demographics for 31602, GA
35,999
Population
15,201
Households
2.4
Avg Household Size
33
Median Age
32%
College-Educated
89%
High-School Grad
39.9 sq mi
ZIP Area
902
Density / Sq Mi
$55,980
Median Household Income
$34,919
Median Earnings
$1,046
Median Rent
$197,100
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?
NNN property - Absolute NNN freestanding retail building leased to Badcock Home Furniture under a new 15-year agreement with renewal options.
Where is this nnn property located?
The property is located at 3406 N Valdosta Rd Valdosta, GA.
What are key features of this property?
This property features: Fee simple (land & building) sale of a freestanding retail property leased to Badcock Home Furniture.; New 15‑year lease with 4 renewal options (4th option includes 5‑year term).; Absolute NNN lease with zero landlord responsibilities.
