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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

271 Walmart Way Eastanollee, GA 30538

3,200 SF 1.16 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 3,200-square-foot single-tenant retail building leased to Verizon Wireless. Located in Eastanollee, Georgia, at 271 Walmart Way, this property sits on a 1.16-acre lot within a Walmart-anchored shopping center, benefiting from high visibility and traffic on State Highway 17 (17,600 AADT) and the Toccoa Bypass (6,420 AADT). The strong demographics include a daytime population of 20,709 within 5 miles, with an average household income of $72,713 within 1 mile. Co-tenants include The Home Depot, Mike Jones Ford, Sonic, Murphy USA, and more, ensuring consistent foot traffic. The property boasts a current Net Operating Income (NOI) of $90,295, resulting in a 7.75% cap rate. The lease, a net lease with a single tenant, has a remaining term of 4.7 years, expiring July 31, 2029, and includes a 5% rent bump option. This is a corporate-guaranteed lease with the largest premium Verizon retailer in the U.S., demonstrating a proven location and operational history. The property's proximity to Stephens County High School, Big A Elementary School, and local churches further enhances its appeal. This is a rare opportunity to acquire a well-positioned, stable, and high-performing retail investment. The asking price is $1,165,000, translating to a price per square foot of $364.06. A three-year lease option is available.

Property profile
Verified
Property type Retail properties & Spaces
Total area 3,200 SF
Lot 1.16 ac (50,530 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Verizon Electronics & Wireless Store
  • Verizon Business Services Telecommunications Service Data Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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