300 Tanger Outlets Blvd Pooler, GA 31322
- Retail properties
- 92,188 SF
- 9.07 lot acres
Current Use by Public Records
- Retail properties
Property Details for 300 Tanger Outlets Blvd
- Year built
- 2018
- Lot size
- 9.07 lot acres
- Property size
- 92,188 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a 92,188 square foot At Home storefront, situated on a 9.07-acre lot within the Tanger Outlets Savannah in Pooler, Georgia. Built in 2018, this single-story building boasts 100% occupancy with a corporate-guaranteed, absolute NNN lease extending until March 30, 2037 (12.4 years remaining). The property features 360 parking spaces and benefits from a 9.25% cap rate and a strong NOI of $1,617,009. The lease includes annual rent bumps of 2%. Located in a thriving retail corridor with over 2.2 million square feet of retail space within a one-mile radius, this property enjoys proximity to major retailers such as Walmart, Home Depot, and Publix, as well as significant population growth (64.43% increase from 2010-2023) and high average household income ($114,691 within a 5-mile radius). The asking price is $17,481,000, translating to $189.62 per square foot. Lease options include 4 and 5-year terms. This is a prime opportunity to acquire a stable, high-performing retail asset in a rapidly growing market. The property is zoned commercial and offers significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pooler
- County
- Chatham
- State
- Georgia
- Longitude
- -81.2469
- Latitude
- 32.1307
