125 Gata Dr 125 Gata Dr, Statesboro, GA 30458
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1 EXECUTIVE SUMMARY, Statesboro, GA OFFERING SUMMARY Sale Price: $1,000,000 Cap Rate: 9.12% NOI: $91,200 PROPERTY OVERVIEW Six-year-old restaurant building. Very strong user signed new 5-year lease with two 5 year options. Tenants invested several hundred thousand into buildout. Space is extremely nice, and user is very strong. Incredible building. True NNN lease. Tenant is responsible for taxes, insurance, all maintenance etc... $7,600 per month NNN. $91,200 per year Net Income. No landlord responsibilities. LOCATION OVERVIEW Lot Size: 3.1 Acres Great location, across from Georgia Southern University. Just off Lanier Dr. just down from GSU Football stadium. Building is on a picturesque pond with a great outdoor sitting area. High density residential around location and lots of retail. Very close proximity to Georgia Southern University. Strong college and A+ location. Year Built: 2012 Building Size: 6,250 Zoning: R4/CR Price / SF: $ jedge@
2 ADDITIONAL PHOTOS, Statesboro, GA
3 LOCATION MAPS, Statesboro, GA
4 DEMOGRAPHICS MAP & REPORT, Statesboro, GA POPULATION 1 MILE 3 MILES 5 MILES Total population 2,453 20,200 34,087 Median age Median age (Male) Median age (Female) HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES Total households 1,012 6,688 11,602 # of persons per HH Average HH income $43,421 $35,709 $37,260 Average house value $152,989 $163,621 $180,856 * Demographic data derived from 2010 US Census jedge@
5 ADVISOR BIO & CONTACT 1, Statesboro, GA President & Broker PROFESSIONAL BACKGROUND Joe Edge has been a licensed real estate broker for fourteen years. After four years serving in the Marine Corps, Joe started his career in real estate. He acquired the 90-year-old firm Sherman & Hemstreet, August GA s largest commercial real estate firm in Currently S&H is the largest CRE firm in the Augusta GA region and provides commercial real estate services for all of the southeastern United States. In addition to the Augusta GA region, Joe is licensed and personally handles all transactions in Georgia, Florida, Alabama, South Carolina, North Carolina and Virginia. Joe has also grown S&H into one of the nation s leading property management firms. Currently managing over 6,500 units consisting of apartments, single family rentals and manufacturing housing communities. S&H also acts as an asset manager for over ten million square foot of office, industrial and retail space. 624 Ellis St. Augusta, GA T C jedge@ Currently Joe holds both the CCIM and SIOR designations and is a CPM (Certified Property Manager) candidate. The CCIM is the highest designation an investment sales broker can obtain. The SIOR designation is the most prestigious designation any office or industrial broker can receive requiring a very high commission threshold. Several S&H agents hold these designations. To learn more about these designations go to or MEMBERSHIPS & AFFILIATIONS Certified Commercial Investment Member (CCIM) Society of Industrial and Office Realtors (SIOR) jedge@
Westside MHP HIGHWAY 80 WEST, Statesboro, GA 30458
EXECUTIVE SUMMARY OFFERING SUMMARY Sale Price: Number Of Units: PROPERTY OVERVIEW $149,500 23 Cap Rate: 10.16% NOI: $15,190 Lot Size: Building Size: 10.62 Acres 1,344 Tons of upside here. 23 spaces. 3
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