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Wilson Eye Center 2108 N Patterson St 11,821 SF Retail Building Valdosta, GA 31602 $3,918,569 ($331.49/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- LONG-TERM NNN LEASE WITH ANNUAL RENT INCREASES - 5% INCREASE ON YEAR THREE - 3% INCREASES EACH YEAR AFTER
- PROXIMITY TO SGMC AND VALDOSTA STATE UNIVERSITY
- RECENT ROOF, HVAC, AND INTERIOR RENOVATIONS
- STRONG REGIONAL HEALTHCARE AND RETAIL HUB
EXECUTIVE SUMMARY
Vakos Real Estate Services is pleased to exclusively offer for sale Wilson Eye Center, an 11,821 SF medical office in Valdosta, GA. Located on a high-visibility commercial corridor in Valdosta, the property is part of an established medical and professional office node. Leased to a PE-backed operator, it provides stable cash flow with annual rent growth. Serving the community since 1981, Wilson Eye Center combines long-standing tenant stability with a prime investment location.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Building Size
11,821 SF
Building Class
C
Year Built/Renovated
1988/2025
Price
$3,918,569
Price Per SF
$331.49
Cap Rate
6.50%
NOI
$254,707
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.37 AC
Zoning
R-P - commercial retail.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0113D-136 | Improvements Assessment | $638,056 |
| Land Assessment | $82,800 | Total Assessment | $720,856 |
PROPERTY TAXES
Parcel Number
0113D-136
Land Assessment
$82,800
Improvements Assessment
$638,056
Total Assessment
$720,856
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Wilson Eye Center | 2108 N Patterson St
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