100 Prince offers a unique opportunity to acquire a modern mixed-use retail condominium property located in the heart of Athens, Georgia. This 24,350 SF asset features six dedicated commercial spaces, fully occupied by established tenants, delivering a diversified and steady revenue stream. Built in 2020, the property exemplifies contemporary design and quality construction, minimizing near-term capital needs for new ownership.
Positioned on Prince Avenue, a high-visibility corridor with strong connectivity to downtown Athens, the property lies within walking distance of the University of Georgia campus. Surrounding amenities include national retailers, local dining staples, and hospitality brands, all of which contribute to robust pedestrian traffic and high consumer demand. Tenancy is composed of well-known regional culinary and service brands, further reinforcing stability and market appeal. Combined with a favorable C-D zoning designation, this property offers an exceptional balance of income security and growth potential in one of Georgia’s most vibrant urban centers. Positioned along Prince Avenue, a highly visible and well-traveled corridor, the asset benefits from strong connectivity to downtown Athens and major attractions, including Sanford Stadium only 1.3 miles away. The surrounding market includes numerous national and regional retailers, popular dining destinations, and high-density residential developments, delivering consistent foot traffic and consumer demand. With a current cap rate of 5.54% and NOI of $332,548, 100 Prince combines strong in-place income with long-term upside potential, making it a compelling acquisition for investors seeking stability and growth in one of Georgia’s most dynamic university cities.