Grocery Anchored Shopping Center For
901 West Ward Street Douglas, Douglas, GA 31533
56,080 SF shopping center with medical tenants, near regional medical center.
Type:Grocery Anchored Shopping Center
Property size:
56 SFPrice / SF:
$145,178/SF- Added:
- Sep 10, 2025
- Days on Market:
- 266
- Last Refresh:
- May 9 at 12:07 am
Property Features for 901 West Ward Street Douglas
General Information
- Standard status
- Active
- Size
- 56 SF
- Property subtype
- Grocery Anchored Shopping Center
Building Details
- Year Built
- 1987
Listing agent Chris Kinnard License ##2012001364 (270) 985-5008
Listing office Lee & Associates | Cincinnati (270) 985-5008
Listing date Sep 10, 2025
Source Lee-associates
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
- 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.
- Long‑term tenant stability with an impressive 23 years average historical occupancy and 8.5 years WALT.
- Located in the 2nd safest city in Georgia with a low cost of living.
- Low deferred maintenance with a concrete lot and new roofs.
Overview
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.
Property Profile
Location Intelligence
Current Use by Public Records
Coinstar
Bank
Western Union
Bank
ATM
Atm
Primo Water Exchange
Big Box & Wholesale Store
Harveys Supermarkets
Grocery & Convenience Store
Similar Places Nearby
- Blue Door Decor — 110 N Peterson Ave, Douglas, GA 31533
- Coinstar Kiosk | Bitcoin ATM — Harveys Supermarkets, 813 Peterson Ave S, Douglas, GA 31533
- The Shoppes at Tip Top — 107 W Bryan St, Douglas, GA 31533
- Paulk Plaza — 909 Gaskin Ave S, Douglas, GA 31533
Location Insight
- Map
- Local Demand
- City
- Douglas
- County
- Coffee
- State
- Georgia
- Longitude
- -82.8361
- Latitude
- 31.5085
Nearby Similar for Sale
FAQs
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 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: 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.
