Current Use by Public Records
- Lifestyle centers
Property Details for 5302 Hwy
- Year built
- 1960
- Lot size
- 3.97 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents a 24,000-square-foot retail shopping center and storefront located at 5302 Hwy 17, Darien, GA 31305. The property, situated on a 3.97-acre lot (APN: D010 0007, D010 0008, D010 0006), boasts a desirable location on a busy McIntosh County intersection, just one mile from I-95 and the Darien waterfront. Currently, the center features two tenants, including a long-term lease with Family Dollar/Dollar Tree, and three month-to-month tenants. Three of the rental spaces offer the potential for combination into a larger unit, ideal for additional franchise opportunities. Built in 1960, the property includes a drive-through, 1.6 acres of developable green space for expansion, and two billboards generating substantial monthly income. The asking price is $1,600,000, representing a price per square foot of $66.67. The property has a 63% occupancy rate with a remaining lease term of 5 years on the primary tenant, under a NNN lease structure. This multi-tenant retail center offers a compelling blend of established income and significant upside potential.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Darien
- County
- McIntosh
- State
- Georgia
- Longitude
- -81.4323
- Latitude
- 31.3871
