2219 Harrison Rd SE
Thomson, GA 30824
The Shoppes at Thomson · Commerce de détail Propriété À vendre

For sale to qualified investors is the 100% fee simple interest in The Shoppes at Thomson, the only Walmart Shadow Center located in Thomson, Georgia. Featuring an ideal mix of tenants including national retailers Hibbett Sports, Shoe Show, CATO, and Salvation Army, the property is the only Walmart shadow center in McDuffie County making the property a focal point for retail in a wide radius. The property is currently 93.6% occupied and provides the investor with immediate upside through leasing the only vacancy at 2,040 square feet. The asset is being offered at an attractive 8% going in cap rate and pricing of only $114 per square foot, which is below current replacement cost and less than most other Walmart shadow anchored retail throughout the United States. With average in-place rental rates of $11.24 psf, this investment also features room to grow NOI in the future. The property is located in the center of both the city and county’s business hub at the intersection of US Highways 78 and Harrisson Road, and also comes with prominent pylon signage for each tenant at the Martin Luther King, Jr. Street entrance to the shopping center.