372 Exchange Blvd Bethlehem, GA 30620-1770

Exceptional value-add opportunity presented by The Shoppes at Winder Station, a Class A, 23,110 square-foot shopping center in Bethlehem, Georgia. This multi-tenant property, built in 2015, consists of two single-story buildings encompassing nine suites across 2.56 acres. Currently boasting a 71.5% occupancy rate with seven tenants representing diverse industries including food service, medical, retail, and cosmetology, the property offers significant upside potential. The existing Net Operating Income (NOI) is $349,993, with a pro-forma NOI projected at $549,237, reflecting a 5.00% current cap rate and a pro-forma cap rate of 7.85%. The asking price is $7,000,000, translating to $302.90 per square foot. The property benefits from a prime location on Exchange Blvd, adjacent to University Parkway, experiencing high traffic volume (30,000 vehicles daily) and proximity to major retailers such as Publix, Target, and Home Depot. The property is zoned B2 and features a fee simple ownership structure. The remaining 6,600 square feet of vacant space presents a clear path to increase income through lease-up. This NNN-leased property offers a compelling investment opportunity for discerning buyers seeking strong returns in a thriving retail market. APN: WN16 009G, WN16 009F.