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    244 Henry Blvd Statesboro, GA 30458-2705
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    Property profile & analytics

    244 Henry Blvd Statesboro, GA 30458-2705


    • Turn key restaurants
    • 3,512 SF
    • 0.88 lot acres
    Off-Market
    Last Sale Mar 17, 2023
    $1,700,000
    Property ID
    US22-3937294
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,725,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mattress Firm Statesboro Crossing / Furniture & Home Goods

    Property Details for 244 Henry Blvd

    Year built
    2012
    Lot size
    0.88 lot acres
    Property size
    3,512 SF
    Zone code
    CR
    Property type
    Turn key restaurants
    APN
    MS84 -102-07D
    APU
    MS8410207D

    Description

    This exceptional investment opportunity presents a fee-simple ownership of a Class A, 3,512 square foot Mattress Firm storefront in Statesboro, Georgia. Located at 244 Henry Blvd, this property boasts a brand new 10-year net lease with a corporate guarantee, offering significant long-term stability. The lease includes 10% rent increases every five years, further enhancing the investment's potential. Built in 2016 and renovated in 2022, the property sits on a 0.88-acre lot and enjoys a prime location, situated as an outparcel to a thriving retail center anchored by Aldi, Hobby Lobby, TJ Maxx, and Petco. Its high visibility, directly off Highway 301 Bypass and US-80, ensures substantial foot traffic and brand recognition. The property's strong financial performance is reflected in its 6.00% cap rate and a net operating income (NOI) of $154,528. The asking price is $2,575,466, translating to a price per square foot of $733.33. Seller financing is available, offering up to $1,300,000 with a 5.5% interest rate, a 20-year amortization, a 2% origination fee, and a 2% exit fee. The property achieved 100% occupancy on July 1, 2023. This is a rare opportunity to acquire a secure, high-performing retail investment with a national tenant and attractive seller financing options.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,705,000
      ML approach
      $1,800,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Statesboro
    County
    Bulloch
    State
    Georgia
    Longitude
    -81.7578
    Latitude
    32.4294
    CBSA code
    44340
    CBSA name
    STATESBORO, GA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,904
    $154,880
    $117,238
    $272,118
    -
    $387,200
    $293,094
    $680,294
    More about this property
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