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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
    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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