2108 N Patterson St - Retail FOR SALE


Valdosta, GA 31602
$3,918,569 USD
540-847-9449
2108 N Patterson St, Valdosta, GA for Sale
$3,918,569 USD
Retail - FOR SALE
1/3
null | 6.5% Cap Rate

2108 N Patterson St
Valdosta, GA 31602


HIGHLIGHTS

  • LONG-TERM NNN LEASE WITH ANNUAL RENT INCREASES - 5% INCREASE ON YEAR THREE - 3% INCREASES EACH YEAR AFTER
  • RECENT ROOF, HVAC, AND INTERIOR RENOVATIONS
  • PROXIMITY TO SGMC AND VALDOSTA STATE UNIVERSITY
  • STRONG REGIONAL HEALTHCARE AND RETAIL HUB

OVERVIEW

Vakos Real Estate Services is pleased to exclusively offer for sale Wilson Eye Center, an 11,821 SF medical office in Valdosta, GA. Located on a high-visibility commercial corridor in Valdosta, the property is part of an established medical and professional office node. Leased to a PE-backed operator, it provides stable cash flow with annual rent growth. Serving the community since 1981, Wilson Eye Center combines long-standing tenant stability with a prime investment location.

FOR SALE DETAILS

PRICE

$3,918,569 USD

PRICE/SF

$331 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wilson Eye Center

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,693 SF

ZONING

R-P

APN/PARCEL ID

0113D-136

ASK ABOUT THIS PROPERTY

Chandler CoxVakos Real Estate ServicesMore Info
540-847-9449

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Chandler CoxVakos Real Estate ServicesMore Info
540-847-9449

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