403 S Columbia Ave - Freestanding FOR SALE


Rincon, GA 31326
$1,600,000 USD
912-429-2715
403 S Columbia Ave, Rincon, GA for Sale
$1,600,000 USD
Freestanding - FOR SALE
1/10
null | Request Cap Rate

403 S Columbia Ave
Rincon, GA 31326


HIGHLIGHTS

  • Traffic counts 34,800 VPD
  • Located on Highway 21 in the center of Rincon

OVERVIEW

This neighborhood retail center investment opportunity is located on Highway 21 in the center of Rincon. Effingham County has seen signficant growth on the Highway 21 corridor with 34,800 VPD. The City of Rincon has seen a growth in population of over 9% since 2020. The retail center consists of 8,400 square feet with 43 dedicated parking spaces. Rents are substantially below market rate giving this center an excellent opportunity for increased rates to boost revenues. This property is a dynamic value-add opportunity for investors/owners.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$190 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

B-2

APN/PARCEL ID

R2120-00000-004-A02

ASK ABOUT THIS PROPERTY

Pam ChanceKeller Williams Realty Savannah DowntownMore Info
912-429-2715

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Pam ChanceKeller Williams Realty Savannah DowntownMore Info
912-429-2715

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