1705 Norman Dr - Storefront FOR SALE
Valdosta, GA 31601 |
1705 Norman Dr
Valdosta, GA 31601
HIGHLIGHTS
- Located directly across the street from the Valdosta Mall, an indoor mall totaling over 500,000 square feet.
- Outparcels (NIC) to Promenade Plaza include McDonalds, Panera Bread, Sonny’s BBQ, Mori Japanese Steakhouse.
- With average tenancy lasting more than 16 years and the average rental rate being just over $8.00 per square-foot, substantial upside is available.
- The immediate submarket has seen an average occupancy rate of over 96 percent during the last 5-years.
- Major Employers in Valdosta are all essential businesses including Moody Air Force Base, South Georgia Medical Center, and Valdosta State University.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Promenade Plaza
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
64523
STORIES
1
YEAR BUILT
1982
SPRINKLERS
-
PARKING SPACES
252
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
0084A-048
