Coldwell Banker Platinum Partners
1505 Newcastle Street
Brunswick, GA 31520

$1,600,000

Description

Prime investment opportunity! National credit tenant with great value-add potential. This 19,962 SF building provides the opportunity to acquire a well-located street front retail property with income from Wells Fargo as well as upside from approximately 15,171 SF of vacant space. Wells Fargo just signed a five-year NNN lease renewal on approximately 4,791 SF on the first floor. Potential uses for the remainder of the property include retail, office or residential. This property is a former S.H. Kress store, located in the heart of historic downtown Brunswick, GA. The Georgia Ports operation in Brunswick is the 6th busiest automobile port in the U.S. The Brunswick area's major employers include the Department of Homeland Security's Federal Law Enforcement Training Center (FLETC), Georgia-Pacific, Gulfstream, Southesast Georgia Helath Systems and GSI Commerce.

Details

MLS#186827
StyleRetail
Sub-TypeResale
StatusActive
Year1909
Days On Site284

Features

Story(s)3

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Area Information

StateGA
CountyGlynn
CityBrunswick
Zip Code31520
AreaGlynn
Listing VS Median (in 31520)
Price:
$1,600,000
low | high
Med:
$1,600,000
50% of Average
On Site:
284
low | high
Med:
284
100% of Average
Listing Updated: 12/14/2018
MLS Number: 186827
Listing Provided By:
Clara Fishel  of  Keller Williams Coastal Area Partners
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