Grocery Anchored Shopping Center For
901-903 W Ward St, Douglas, GA
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56,080 SF shopping center with medical tenants in Douglas, GA.
Type:RETAIL
Property size:
56,080 SFLot size:
4.72 AcresPrice / SF:
$144/SF- Added:
- Sep 17, 2025
- Days on Market:
- 249
- Last Refresh:
- Apr 5 at 9:28 pm
Property Features for 901-903 W Ward St
General Information
- Standard status
- Active
- Size
- 56,080 SF
- Lot size
- 4.72 Acres
- Property subtype
- RETAIL
Listing agent Stan Falk License ##2012001364 (513) 900-7509
Listing office Lee & Associates | Cincinnati (513) 900-7509
Listing date Sep 17, 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 Lee & Associates | Cincinnati
HighLights
- Grocery‑anchored shopping center with all inline units leased to medical tenants.
- High traffic location with two signalized intersections and the highest VPD within the outer belt.
- Long‑term tenant stability with an impressive 23 years average historical occupancy and 8.5 years WALT.
- Adjacent to a regional medical center and near the three largest employers in Douglas.
- Located in a growing area with increasing population, workforce, industry, and retail demand.
- Low deferred maintenance with a concrete lot and new roofs (ALDI responsible for 50% of roof cost).
Overview
This 56,080-square-foot shopping center is anchored by a grocery store. All inline units are leased to medical tenants. The ALDI predecessor saw consistent sales exceeding $400 per square foot. Other medical tenants have recently renewed their leases, contributing to an average historical occupancy of 23 years and a weighted average lease term (WALT) of 8.5 years. The property is adjacent to a regional medical center and is located 1.5 miles from the three largest employers in Douglas. The property benefits from low deferred maintenance, featuring a concrete lot and new roofs, with ALDI responsible for 50% of the roof cost. Situated at two signalized intersections, the property experiences the highest vehicle per day (VPD) count within the outer belt. The location benefits from increasing population and household income. Douglas is the second safest city in Georgia and offers a low cost of living. As the county seat location, the area is experiencing growth in population, workforce, industry, and retail demand.
Location Intelligence
Current Use by Public Records
Shopping centers
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Location Insight
- Map
- Local Demand
- City
- Douglas
- County
- Coffee
- State
- Georgia
- Longitude
- -82.8387
- Latitude
- 31.5089
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - 56,080 SF shopping center with medical tenants in Douglas, GA.
Where is this shopping center located?
The property is located at 901-903 W Ward St Douglas, GA.
What is the asking price?
The asking price for this property is $8,130,000.
What are key features of this property?
This property features: Grocery‑anchored shopping center with all inline units leased to medical tenants.; High traffic location with two signalized intersections and the highest VPD within the outer belt.; Long‑term tenant stability with an impressive 23 years average historical occupancy and 8.5 years WALT.
