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Multi-tenant investment property 10505 Canal Crossing Rd 7,500 SF 100% Leased Retail Building Brunswick, GA 31525 $4,467,000 ($595.60/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand new construction with long term leases and scheduled rent bumps every 5 years
- Less than one mile to I-95 | Brunswick is midway point between Jacksonville, FL and Savannah, GA
- Outparcel to Sam's Club, Hobby Lobby, Academy Sports, HomeGoods and Five Below
- Minutes to FLETC headquarters (1,100+ employees) and Brunswick Golden Isles Airport
EXECUTIVE SUMMARY
10505 Canal Crossing is a commercial multi-tenant investment property that includes a brand-new 7500 SF building located on a one-acre outparcel with two excellent tenants, Metro Diner and Mattress Warehouse, each with a 10-year lease. There are 66 parking spaces including three "accessible" spaces to accommodate persons with disabilities. A more detailed marketing flyer is available upon request. Canal Crossing is located at the intersection of Golden Isles Parkway and Canal Road and is Brunswick's newest popular shopping venue, that includes Sam's Club, Hobby Lobby, Academy Sports, HomeGoods, and many other restaurants; and serves the Golden Isles area including Brunswick, St. Simons Island, Sea Island, and Jekyll Island.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,500 SF
Building Class
C
Year Built
2025
Price
$4,467,000
Price Per SF
$595.60
Cap Rate
6.75%
NOI
$301,523
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.09 AC
Zoning
Commercial
Parking
66 Spaces (8.8 Spaces per 1,000 SF Leased)
Frontage
176’ on Canal Road
AMENITIES
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 03-27103 | Improvements Assessment | $0 |
| Land Assessment | $303,800 | Total Assessment | $303,800 |
PROPERTY TAXES
Parcel Number
03-27103
Land Assessment
$303,800
Improvements Assessment
$0
Total Assessment
$303,800
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Multi-tenant investment property | 10505 Canal Crossing Rd
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