412-416 Northside Dr E - Storefront FOR SALE


Statesboro, GA 30458
$5,330,000 USD
248-688-0630
412-416 Northside Dr E, Statesboro, GA for Sale
$5,330,000 USD
Storefront - FOR SALE
1/5
null | 6.25% Cap Rate

412-416 Northside Dr E
Statesboro, GA 30458


HIGHLIGHTS

  • 100% leased to AT&T and Aspen Dental under corporate-backed agreements.
  • Built in 2017 with modern finishes and efficient layout, reducing near-term capital reserves.
  • Located at a signalized intersection with strong traffic counts and highly visible signage.
  • 59 dedicated parking spaces provide generous customer access.
  • Accessible location near Georgia Southern University, regional hospitals, and major retail centers.
  • Offered individually or as part of a portfolio, presenting additional diversification options.

OVERVIEW

This fully leased, multi-tenant retail asset presents a stable investment opportunity along one of Statesboro’s busiest commercial corridors. Built in 2017 and encompassing approximately 8,100 square feet, the property is anchored by nationally recognized tenants AT&T and Aspen Dental. The asset currently delivers a strong 6.25% cap rate with a reported net operating income of $333,104 and features leases backed by corporate guarantees, ensuring income reliability and security for investors. Positioned on a 1.15-acre parcel with 59 surface parking spaces, the property benefits from a signalized intersection and prominent corner exposure, driving consistent customer visibility. Its location along Northside Drive East provides excellent access to Georgia Southern University, area hospitals, and a diverse retail mix, creating strong traffic counts and support for tenant operations. Statesboro’s role as a regional hub for education, healthcare, and commerce further enhances long-term demand, reinforced by steady population and employment growth trends within Bulloch County. With its younger construction date, minimal deferred maintenance, and strategic placement within the city’s primary retail network, this property offers both immediate cash flow and strong residual value. Investors seeking a stabilized, income-generating retail asset in a thriving Southeastern market will find this an attractive addition to their portfolio.

FOR SALE DETAILS

PRICE

$5,330,000 USD

PRICE/SF

$658 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AT&T & Aspen Dental

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

59

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

C-

APN/PARCEL ID

MS72000014-000

ASK ABOUT THIS PROPERTY

Michael CarterSRS Real Estate PartnersMore Info
248-688-0630

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Michael CarterSRS Real Estate PartnersMore Info
248-688-0630

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