Grocery Anchored Shopping Center For
For Sale
Contact for pricing
901 West Ward Street, Douglas, GA 31533
56,080 SF shopping center with medical tenants, near regional medical center.
Property Size56 SF
Days on Market324
Property Features for 901 West Ward Street
General Information
Standard status
Active
Size
56 SF
Property subtype
Grocery Anchored Shopping Center
Building Details
Year Built
1987
Listing Agency:
Lee & Associates | Cincinnati
(270) 985-5008
Listed By:
Chris Kinnard · License ##2012001364
(270) 985-5008
Source:
Lee-associates
Added: Sep 10, 2025
Changed: Jul 6
Last Checked: Jul 30 at 3:40AM
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 and features inline units 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, including a concrete lot and new roofs, with ALDI responsible for 50% of the roof cost. It is positioned at two signalized intersections, boasting the highest vehicle per day (VPD) count within the outer belt. The surrounding area is experiencing increases in population and household income. Located in the county seat, the property is situated in the second safest city in Georgia, which also offers a low cost of living. The area is experiencing growth in population, workforce, industry, and retail demand.
Key Highlights
- All inline units leased to medical tenants, providing stable income.
- Adjacent to a regional medical center, ensuring consistent traffic.
- High traffic location with the highest VPD within the outer belt.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,161
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 31533, GA
16,714
Population
7,351
Households
2.3
Avg Household Size
36
Median Age
16%
College-Educated
79%
High-School Grad
66.3 sq mi
ZIP Area
252
Density / Sq Mi
$44,211
Median Household Income
$33,568
Median Earnings
$683
Median Rent
$131,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Blue Door Decor — 110 N Peterson Ave, Douglas, GA 31533
- Paulk Plaza — 909 Gaskin Ave S, Douglas, GA 31533
Frequently Asked Questions
What type of property is this?
Shopping center - 56,080 SF shopping center with medical tenants, near regional medical center.
Where is this shopping center located?
The property is located at 901 West Ward Street Douglas, GA.
What are key features of this property?
This property features: All inline units leased to medical tenants, providing stable income.; Adjacent to a regional medical center, ensuring consistent traffic.; High traffic location with the highest VPD within the outer belt.
