Auto Shop with Credit
New
For Sale
$700,000
700 Mall Boulevard, Brunswick, GA 31525
Commercial Sale, Brunswick, GA
Property Size3,500 SF
Lot Size0.81 Acres
Price / SF$200
Days on Market1
Property Features for 700 Mall Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Accessibility
Accessible Approach with Ramp
Subdivision
Glynn Place Commercial Park
Directions
From Scranton Connector, turn into the mall parking lot. Turn Right and 700 Mall Blvd will be on the right.
Standard status
Active
APN
0312825
Size
3,500 SF
Lot size
0.81 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
4-A Glynn Place Mall
Tax Annual Amount
3485
Legal Description
4-A Glynn Place Mall
Building Details
Year built
1998
Listing Agency:
Phoenix Realty Group
(912) 268-4069
Listed By:
Kirk Watson · License #284845
(912) 222-5480
Added: Aug 20
Last Checked: Aug 20 at 7:06PM
MLS# 2002011
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 automotive property includes a 3,500-square-foot commercial building on a 0.81-acre parcel. Constructed in 1998, the site offers an established physical asset with an accessible approach ramp.
The property is located at 700 Mall Boulevard in Brunswick, Georgia, within Glynn County. A national-credit tenant currently occupies the building, with three years remaining under the existing lease. The property is offered for sale as an income-producing commercial asset.
The property is located at 700 Mall Boulevard in Brunswick, Georgia, within Glynn County. A national-credit tenant currently occupies the building, with three years remaining under the existing lease. The property is offered for sale as an income-producing commercial asset.
Key Highlights
- National‑credit tenant currently in place
- Three years remaining on the existing lease
- 3,500 square feet of building area
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
$30,598
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
4.37%
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%
$611,960
$612.0K
Cap Rate 7%
$437,114
$437.1K
Cap Rate 9%
$339,978
$340.0K
Market Conditions
NOI Build-Up for 3,500 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
$48.3K $13.80/SF
− Vacancy
−$4.6K −$1.31/SF
EGI
$43.7K $12.49/SF
− OpEx
−$13.1K −$3.75/SF
NOI
$30.6K $8.74/SF
Area
Glynn County, GA
Vacancy
9.50%
Lease Rate
$13.80 /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%
$611,960
Cap Rate 7%
$437,114
Cap Rate 9%
$339,978
Alternative Uses
Best Use
Retail
$437.1K
$382.5K – $510.0K
NOI $30,598 @ 7.0% cap · market cap 4.37%
Second Best
Industrial
$227.8K
$199.3K – $265.7K
NOI $15,944 @ 7.0% cap · market cap 2.28%
Theoretical Best
Office A
$726.4K
$635.6K – $847.5K
NOI $50,847 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
779
Businesses Nearby
Well-served
Demand for This Use
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 Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Brakes 4 Less — 130 Altama Connector, Brunswick, GA 31525
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- Mavis Tires & Brakes — 600 Mall Blvd, Brunswick, GA 31525
- Walmart Auto Care Centers — 150 Altama Connector, Brunswick, GA 31525
- Nalley Honda Service Brunswick — 178 Altama Connector, Brunswick, GA 31520
Frequently Asked Questions
What type of property is this?
Auto shop - Established automotive property occupied by a national-credit tenant with three years remaining on the lease.
Where is this auto shop located?
The property is located at 700 Mall Boulevard Brunswick, GA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: National‑credit tenant currently in place; Three years remaining on the existing lease; 3,500 square feet of building area
