1559 Commerce Dr Valdosta, GA 31601-1207

Property Details for 1559 Commerce Dr

Year built

1998

Construction

STEEL FRAME

Lot size

4.38 lot acres

Property size

3,180 SF

Zone code

M-2

Property type

Retail space

APN

0123C-003

APU

0123C003

Description

This Valdosta, GA retail property, located at 1559 Commerce Dr, 31601, is offered at $1,162,000. The 1998-built, M-2 zoned building serves as a regional service center for Atlanta Gas Light (a Southern Company subsidiary), its sole tenant since construction. The current lease, with a fixed monthly rent of $6,309.47, extends to June 30, 2028, and includes one five-year option. The property is considered a "mailbox lease," indicating a low-management, passive income stream. The building's strategic location in Lowndes County, coupled with the long-term lease and established tenant, presents a compelling investment opportunity in the thriving Valdosta market. This is a rare chance to acquire a stable, income-producing asset with a significant lease term remaining. The property's history as a build-to-suit for a major corporation underscores its quality and suitability for its current use. The building's functionality as a regional service center for a significant energy provider further enhances its long-term value and stability. This presents a strong investment opportunity for those seeking a low-maintenance, high-return retail property in a desirable Georgia location.

Location Insight

City

Valdosta

County

Lowndes

State

Georgia

Longitude

-83.2961

Latitude

30.7987

CBSA code

46660

CBSA name

VALDOSTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments