Grocery Anchored Shopping Center For
For Sale
Contact for pricing
901-903 W Ward St, Douglas, GA
56,080 SF shopping center with medical tenants in Douglas, GA.
Property Size56,080 SF
Lot Size4.72 Acres
Price / SF$144.97
Days on Market357
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 Agency:
Lee & Associates | Cincinnati
(513) 272-6800
Listed By:
Stan Falk · License ##2012001364
(513) 900-7509
Source:
Moodyscre
Added: Sep 17, 2025
Changed: Aug 12
Last Checked: Sep 8 at 10:34AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
631
Businesses Nearby
13k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Sunoco
Shops & Services
5,675 visits/mo
0.2 miles
Citgo
Shops & Services
4,373 visits/mo
0.5 miles
Anderson Ford
Shops & Services
2,866 visits/mo
0.4 miles
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
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.
