1303 W 4th St - Retail FOR SALE


Adel, GA 31620
$2,897,000 USD
980-498-3293
1303 W 4th St, Adel, GA for Sale
$2,897,000 USD
Retail - FOR SALE
1/5
null | 5.35% Cap Rate

1303 W 4th St
Adel, GA 31620


HIGHLIGHTS

  • POSITIONED IN A WALMART OUTPARCEL AND DENSE RETAIL NODE
  • STRATEGICALLY POSITIONED OFF INTERSTATE
  • STRONG LEASE FUNDAMENTALS

OVERVIEW

STRONG LEASE FUNDAMENTALS - 8% rental increases every 5 years of initial term - 8% rental increases every 5 years during options periods - Absolute NNN Ground lease providing no Landlord Responsibilities - Four (4) - Five (5) year option periods CREDIT TENANT - Murphy USA has a Market Cap of over $10.45B and has over 1,700 locations - Corporate guaranteed lease with credit tenant (S&P: BB+) POSITIONED IN A WALMART OUTPARCEL AND DENSE RETAIL NODE - More than 394K SF of retail space within 1 mile - Nearby national retailers include: Walmart, Starbucks, Wendy’s, Burger King, Piggly Wiggly, and Tractor Supply Co. EXCELLENT GEORGIA BUSINESS CLIMATE - In January 2025, Site Selection Magazine ranked Georgia as the #1 state for Best Business Climate - Projected economic growth in 2025 is 2.4%, above the national forecast of 1.6% - Utilities, real estate, and wages are below national averages, providing cost advantages STRATEGICALLY POSITIONED OFF INTERSTATE - Site is positioned on W 4th St (13,200 VPD), directly off of I-75 (55,500 VPD), with easy access at a signalized intersection - The site sits at the corner of Alabama Rd, with cross-access with the Walmart NEARBY MARKET DRIVERS - The site is located 1 mile from downtown Adel, and is located in the primary retail and hotel area in town - Located 1 block from a weigh station, benefitting from passing truck traffic - Under 1 mile from Cook County Airport

FOR SALE DETAILS

PRICE

$2,897,000 USD

PRICE/SF

$1,026 USD /SF

CAP RATE

5.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Murphy USA

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

-

APN/PARCEL ID

0039C03701

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.