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600 Glynn Is
Brunswick, GA 31525
Olive Garden · Retail Property For Sale
PROPERTY FACTS
ABOUT 600 GLYNN IS , BRUNSWICK, GA 31525
The Olive Garden property is strategically located in a regionally dominant retail corridor. The property is located along Altama Avenue (18,250 VPD) with excellent frontage and is easily accessible. The Olive Garden is ideally positioned as an outparcel to Lowe’s, Target, Dick’s Sporting Goods and Ross Dress for Less. Other retailers in the immediate area include Walmart Supercenter, Publix, Home Depot, TJ Maxx and Walmart Neighborhood Market. Additionally, the property is located near Southeast Georgia Health System (300 beds), College of Coastal Georgia and Brunswick High School which drives continual traffic to the trade corridor. There will be five years remaining on the corporately guaranteed Olive Garden lease upon close of escrow. The lease will feature 1.5% annual rental escalations and require no landlord responsibilities. Additionally, there will be six 5-year renewal option periods. The 9,621 SF Olive Garden property features a low rent per square of $13.27.
PROPERTY TAXES
| Parcel Number | 01-07537 | Improvements Assessment | $454,520 |
| Land Assessment | $81,600 | Total Assessment | $536,120 |
PROPERTY TAXES
