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Property profile & analytics
FOR LEASE
Community centers

2400 N Columbia St Milledgeville, GA 31061

554,286 SF 24.17 ac lot Built 1972
Individually Owned 11-yr Hold Free & Clear
Property ID
US22-3555397
Property summary
AI-generated overview

The Hatcher Square Mall, located at 2400 N Columbia St, Milledgeville, GA 31061, offers exceptional retail opportunities. This established shopping center boasts a total of 232,000 square feet of retail space and currently has three available units ranging from 2,800 square feet to 65,340 square feet. The property is categorized as retail, encompassing inline, anchor, exterior entry, outparcel, and land options, providing flexibility for various business types. The multiple tenancy structure allows for a diverse mix of tenants, creating a vibrant shopping environment. The mall's prime location in Milledgeville, Georgia, ensures high visibility and accessibility for customers. This presents a unique chance to establish or expand a business within a well-established retail center. The available spaces offer significant potential for growth and success in a thriving community. Detailed floor plans and lease terms are available upon request. This is an excellent opportunity to secure a prominent retail presence in a desirable Georgia market. Contact us to learn more about the available spaces and to schedule a viewing.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1972
Construction FRAME
Total area 554,286 SF
Lot 24.17 ac (1,052,845 SF)
Zoning code RESIDENTIAL
APN M51 036
UPID US22-3555397
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
  • Rainbow Shops Clothing & Fashion Store
  • Maurices Clothing & Fashion Store
  • Coinhub Bitcoin ATM Teller Atm
  • Office Depot (Bike/Boat/Book/etc) Store
  • Jalisco Mexican Grill #2 Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$790k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$790k
Owner & transaction history
L Storey Family Barry · 11 yrs held
L Storey Family Barry
since 2014
3 recorded transactions
2014
$305,667
2014
$345,667
2014
Price N/A
Zoning & alternative use
RESIDENTIAL · Milledgeville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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