9701 Frd Ave Richmond Hill, GA 31324-6422

Property Details for 9701 Frd Ave

Year built

1999

Construction

STEEL FRAME

Lot size

12.83 lot acres

Property size

45,627 SF

Zone code

CITY

Property type

Outlet malls

APN

053 004 01

APU

5300401

Description

This exceptional 45,608-square-foot shopping center in Richmond Hill, Georgia, presents a compelling investment opportunity. Boasting a prime location at 9701 Ford Ave, 31324, this single-story, 1999-built Class B property features three national tenants, ensuring 100% occupancy and a strong NOI of $401,307. The property sits on a 12.83-acre lot with ample parking (347 spaces) and benefits from a C2 Commercial zoning designation. The asking price is $4,721,250, representing a compelling $103.52 per square foot and an attractive 8.50% capitalization rate. Situated in Bryan County, within the rapidly growing Savannah MSA, this center enjoys high visibility and traffic counts exceeding 39,000 vehicles per day. Its strategic location near Savannah's bustling port, a major economic driver, further enhances its long-term investment potential. The property's strong fundamentals, coupled with its well-below-replacement-cost pricing and low in-place rents, make it an ideal addition to any portfolio. This is a rare opportunity to acquire a stable, high-performing retail asset in one of Georgia's fastest-growing markets. The property's APN is 053-004-01.

Location Insight

City

Richmond Hill

County

Bryan

State

Georgia

Longitude

-81.3132

Latitude

31.9531

CBSA code

42340

CBSA name

SAVANNAH, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments