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229 W General Screven Way
Hinesville, GA 31313
Hinesville Square · Retail Property For Sale
Investment Highlights
- Diverse mix of tenants with 1/3 of the tenants at the center for more than 10 years demonstrating a consistent record of lease renewals.
- Average VPD is over 43K VPD with a 5-mile population exceeding 50K people. Within 30 minutes Savannah MSA population expands to 400k+
- Hyundai broke ground October 2022 for its $5.54B electric vehicle “Metaplant.” Expected to employ 8,1000 workers.
- Strategic location at the intersection of the well-travelled W General Screven Way and Elma G Miles Pkwy.
- The Center is less than 0.5 miles from Olgethorpe Hwy with Walmart, Lowe’s, Tractor Supply, Kroger, and other retailers within 1.5 miles.
- Below market rents w/ modest/no escalations offers new owner to push rents to market & renegotiate increases upon current expirations to increase NOI
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
148,555 SF
Building Class
B
Year Built/Renovated
1986/2005
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
15.59 AC
Zoning
C-2
Parking
740 Spaces (4.5 Spaces per 1,000 SF Leased)
Amenities
- Restaurant
- Signage
Property Taxes
| Parcel Number | 056C-147 | Improvements Assessment | $2,107,158 |
| Land Assessment | $389,600 | Total Assessment | $2,496,758 |
Property Taxes
Parcel Number
056C-147
Land Assessment
$389,600
Improvements Assessment
$2,107,158
Total Assessment
$2,496,758
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