701-721 E Calhoun St | Bainbridge, GA 39817
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- LoopNet Team
701-721 E Calhoun St
Bainbridge, GA 39817
THE AVENUES · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Significant Rental Growth Potential: Current tenants are leasing at an average of $7.33/SF, well below the market average of $11.42/SF.
- Lease Optimization: All existing leases are full gross, offering investors the ability to transition to Modified Gross or NNN leases upon renewal.
- Growth Catalyst – New Developments Nearby: The Bainbridge market is experiencing a surge in development, with Publix, Aldi, and Anovion set to open.
- Prime Downtown Location with Nearby Attractions: Situated in downtown Bainbridge beside Chason Park and the Riverwalk.
- Historically Low Vacancy & Strong Tenant Retention: The property benefits from a long-term.
- Proximity to the Tallahassee MSA: Located 40 miles from the Tallahassee MSA.
PROPERTY FACTS
Property Type
Retail
Building Size
17,580 SF
Building Class
B
Year Built/Renovated
2003/2016
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
1.20 AC
Zoning
Industrial
Parking
67 Spaces (4.38 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | B0320-180-000 | Improvements Assessment | $318,789 |
| Land Assessment | $32,738 | Total Assessment | $351,527 |
PROPERTY TAXES
Parcel Number
B0320-180-000
Land Assessment
$32,738
Improvements Assessment
$318,789
Total Assessment
$351,527
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