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Grocery Anchored Shopping Center For Sale

901 West Ward Street Douglas Douglas, GA 31533

901 West Ward Street Douglas, Douglas, GA, 31533
Contact for pricing
For Sale
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56,080 SF shopping center with medical tenants, near regional medical center.

Property Size56 SF
Days on Market311

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 Agency Lee & Associates | Cincinnati
Listed by Chris Kinnard · License ##2012001364
Source Lee-associates
Added: Sep 10, 2025 Checked: Jul 17 at 4:54 am

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 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

Suggested Use

Parking Lot & Garage Plumbing Service Big Box & Wholesale Store Catering Service HVAC Service Veterinary Clinic Home Appliance Store (Bike/Boat/Book/etc) Store Garden Center Acupuncture

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market 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

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 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.
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