40081 US Hwy 441 S Commerce, GA
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NNN retail property with long-term lease and annual rent escalations.
Type:RETAIL
Property size:
5,000 SFLot size:
0.83 AcresPrice / SF:
$977/SF- Added:
- Feb 20, 2025
- Days on Market:
- 434
- Last Refresh:
- Apr 5 at 10:57 pm
Property Features for 40081 US Hwy 441 S
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 0.83 Acres
- Property subtype
- RETAIL
Listing agent Jared Kaye License #3224428 (770) 597-2989
Listing office Matthews Real Estate Investment Services | Atlanta (770) 597-2989
Listing date Feb 20, 2025
Source Moodyscre
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 Matthews Real Estate Investment Services | Atlanta
Overview
Highway Frontage Retail Investment Opportunity
This retail property is strategically located approximately 0.5 miles off I-85, the main interstate connecting Atlanta, GA, to Greenville, SC. Highway 441 provides direct connectivity to Athens, GA, and the University of Georgia (UGA), which is approximately 22 miles south of the subject property. UGA has over 41,615 students and approximately 10,740 employees. Athens hosts over 100,000 people during football weekends. The property is situated in a robust retail submarket with 2.2 million square feet and a low vacancy rate of 3.2%. It is less than 2 miles from Tanger Outlets Commerce, an approximately 371,408 square foot outlet mall with more than 70 outlets, serving as a regional shopping destination that draws from a 60-mile radius. Jackson County is one of the four fastest-growing counties in the US, according to the US Census Bureau. The property features a rare 20-year base term with four, 5-year renewal options. It includes an inflation hedge with 1.5% rent escalations every year throughout the entire lease. The property operates on an absolute triple net (NNN) lease structure with no landlord responsibilities, offering potential tax advantages with accelerated and bonus depreciation due to fee simple ownership. The property size is 5,000 square feet.
Location Intelligence
Current Use by Public Records
NNN properties
Map
- City
- Commerce
- County
- Banks
- State
- Georgia
- Longitude
- -83.5028
- Latitude
- 34.218
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FAQs
What type of property is this?
NNN property - NNN retail property with long-term lease and annual rent escalations.
Where is this nnn property located?
The property is located at 40081 US Hwy 441 S Commerce, GA.
What is the asking price?
The asking price for this property is $4,885,500.
What are key features of this property?
This property features: Rare 20‑year base lease term provides long‑term stability with four, 5‑year renewal options.; Absolute triple net (NNN) lease structure eliminates landlord responsibilities.; Strategic location approximately 0.5 miles off I‑85, a major interstate highway.
