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Property profile & analytics
OFF-MARKET Estimated value $2,210,000
Grocery and convenience stores

17 Monroe Hwy Winder, GA 30680-7186

47,148 SF 5.9 ac lot Built 1994
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US22-1225645
Property summary
AI-generated overview

Winder Corners Shopping Center, located at 17 Monroe Hwy, Winder, GA 30680, presents a compelling investment opportunity. This 164,592-square-foot retail center boasts a 95.2% occupancy rate and sits on a substantial 24.5-acre lot with 1,500 feet of frontage on Monroe Highway. Built in 1994, the center is anchored by Publix, a dominant Southeastern grocery chain, whose lease has recently been extended through 2034 with options. Other key tenants include Beall's, UPS Store, GNC, Cato, and Anytime Fitness, representing a mix of national and local businesses. The center's diverse tenant mix occupies 24 suites. The property benefits from its location in rapidly growing Barrow County, less than three miles from GA-316, a major thoroughfare connecting Atlanta and Athens. Originally anchored by Publix and Kmart, the Kmart space has been subdivided to accommodate additional tenants. The current rent roll shows a significant discount to market rates, presenting an attractive value proposition for investors. The high volume of traffic and prominent location make this a strong retail investment. The property's size and tenant mix offer a stable income stream with significant upside potential. Annual visits to the shopping center are estimated at 1,500,000.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1994
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 47,148 SF
Lot 5.9 ac (257,004 SF)
Zoning code I
APN WN22 001
UPID US22-1225645
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
  • Shoe Show Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Creative Nail & Spa Nail Salon
  • Winder Kickboxing Gym & Fitness Center
  • Hong Kong Restaurant Restaurant
  • Papa John's Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.08M
Blend (final) Blend
$2.21M
Owner & transaction history
Winder Corners Associates LP
Winder Corners Associates LP
1 recorded transaction
1969
Price N/A
Zoning & alternative use
I · Winder, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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