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244 Henry Blvd
Statesboro, GA 30458
Mattress Firm · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Anticipated Population Growth of 2% over the next 5 years
- Situated next to the main retail corridor of Statesboro, GA
- Located next to the #1 Aldi in traffic count and sales in the state of GA
EXECUTIVE SUMMARY
Recently renovated in 2023; new roof in 2025 with a transferable 20-year manufacturer roof warranty
Over 7 years left on current lease term
10% Rental escalation on 7/1/2028
Two, 5-Year Extension Options with 10% rent escalations
Corporately Backed by Mattress Firm Corporation
Operates 2,500 locations in 49 states
Largest bedding retailer in the United States
Located less than two miles from Georgia Southern University, enhancing visibility and foot traffic
Over 7 years left on current lease term
10% Rental escalation on 7/1/2028
Two, 5-Year Extension Options with 10% rent escalations
Corporately Backed by Mattress Firm Corporation
Operates 2,500 locations in 49 states
Largest bedding retailer in the United States
Located less than two miles from Georgia Southern University, enhancing visibility and foot traffic
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,512 SF
Building Class
B
Year Built/Renovated
2012/2023
Price
$2,207,000
Price Per SF
$628.42
Cap Rate
7%
NOI
$154,528
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.88 AC
Opportunity Zone
Yes
Zoning
ZN34 - four-family residential
Frontage
117’ on henry Blvd
PROPERTY TAXES
| Parcel Number | MS84000102-07D | Improvements Assessment | $253,920 |
| Land Assessment | $352,000 | Total Assessment | $605,920 |
PROPERTY TAXES
Parcel Number
MS84000102-07D
Land Assessment
$352,000
Improvements Assessment
$253,920
Total Assessment
$605,920
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