810 S Madison Ave
Douglas, GA 31533
Aaron's · Retail Property For Sale

Marcus & Millichap is pleased to exclusively present a Corporate Guaranteed Absolute Triple Net (NNN) Aaron’s Rents located at 810 S Madison Avenue Douglas, Georgia. There are three years and two months left on the initial 15 year term with one five year option to extend until 2027 with 9.5 percent increases each five year period and zero landlord responsibilities. Aaron's has spent $90,806 of Recent Non-Structural Improvements which include new carpet, wall paint, updated fixtures & new LED lighting. The property is strategically located on a major retail corridor with a Walmart Distribution Center and Douglas Municipal Airport only just one mile away from the subject. Situated on a one acre lot, the building is 16,000 square feet which is twice the size of typical Aaron’s locations offering the opportunity to an investor to convert or reposition the property to a multi-tenant retail shopping strip. Douglas is located near the center of Coffee County. It is 59 miles (95 km) driving distance northeast of Valdosta, Georgia, 115 miles (185 km) driving distance northwest of Jacksonville, Florida, and 201 miles (323 km) driving distance southeast of Atlanta.