744 Noah Dr
Jasper, GA 30143
Jasper Mountain Highlands Shopping Center · Retail Property For Sale

Jasper Mountain Highlands is a 27,200 square foot shopping center located 55 miles north of downtown Atlanta in the city of Jasper, GA. The center features direct visibility along GA-Highway 515/5, a major thoroughfare connecting metro Atlanta to north Georgia (22,785 +/- ADT). It is also well positioned directly adjacent to many national retailers such as Walmart, Home Depot and Kroger. The center features attractive 2006 construction that has been very well maintained with zero deferred maintenance. The property has experienced high occupancy levels since build out and retained many of the original tenants. There's also a great synergy among these tenants that complement customers needs throughout each business day. The rental rate also averages $12 NNN/square foot annually- much lower than the reported market rent of $18 per square foot annually for comparable centers nearby. The reported retail vacancy for this submarket is very low at 3.4 percent among a data set of 19 shopping centers. There are high barriers for new retail development in this submarket due to topography challenges and high development costs associated with grading out the limited but viable raw retail land. This factor should help ensure long-term rent growth and maintain high occupancy levels into the future. *DO NOT DISTURB TENANTS - ALL PROPERTY SHOWINGS MUST BE SCHEDULED WITH LISTING BROKER