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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

24034 Us-80 Statesboro, GA 30461

7,200 SF 0.9 ac lot Built 2024
Property ID
Property summary
AI-generated overview

This exceptional retail investment opportunity presents a fee-simple, 7,200 square foot, single-story building in Statesboro, Georgia. The property boasts a 100% occupancy rate with two corporate-guaranteed tenants: Five Guys and Mattress Warehouse, operating under a 10-year NNN lease with 10% rent bumps every five years. The property features a strong 6.75% cap rate, generating a net operating income (NOI) of $221,160. Situated on a 0.9-acre lot at 24034 US-80, this Class A property benefits from its prime location in a high-traffic commercial corridor, across from a top-performing Lowe's Home Improvement store and near other major retailers including Walmart, Panera Bread, Chick-fil-A, and Starbucks. The property's proximity to Statesboro Mall (321,000 square feet) and Georgia Southern University (over 25,506 students and 2,000 faculty/staff) ensures a robust customer base. The recent construction minimizes potential capital repair needs, and the property's location near the new Hyundai EV plant (a $5.5 billion investment) positions it for significant future growth. This is a rare opportunity to acquire a high-performing, multi-tenant retail asset in a rapidly developing market. The asking price is $3,276,000.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 7,200 SF
Lot 0.9 ac (39,204 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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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