Kingsbay Cinemas 9 201 City Smitty Dr 26,804 SF Retail Building Saint Marys, GA 31558 $3,495,000 ($130.39/SF) 6.87% Cap Rate

This Property It is an excellent purchasing opportunity for all those businesses seeking to provide the community with necessary and productive services like Supermarket, Theater, Department Stores, Entertainment businesses, etc.., taking into account that the inhabitants of St Mary's and its surroundings (including cities north of Jacksonville) lack public businesses that provide basic services or entertainment services; This is why we understand that this property, due to its location, is quite beneficial to establish these types of businesses mentioned above. Other benefits to take into consideration is the Naval Base that will double its workforce by the year 2025, in addition to the growing demand for housing that is currently being supplied with more than 5,000 homes projected by the year 2026 (approximately), plus the current population of the area; we would then have a fixed population, with stable income, ready to consume any productive service.