Value-Add Storefronts with NNN Tenant

Take advantage of this rare opportunity to shape the main downtown intersection of Wrightsville, Georgia, with this portfolio of retail storefronts at 2532 W Elm Street and 8675-8677 N Marcus Street. With a highly customizable layout ideal for a wide range of retail businesses and existing income from a popular restaurant tenant, this offer provides going-in cash flow as well as the upside to lease the remaining vacancies.

The portfolio’s desirable features and flexible spaces make this an ideal option for retail businesses looking for quality space to operate their business. Comprising 1,440 square feet, 2532 W Elm Street will be delivered in white-box shell condition, providing a blank canvas for a new tenant. The building’s historic façade provides a full-glass storefront with stained glass accents and unique brickwork. 8675 N Marcus Street spans 6,584 square feet across two floors and features the Wrightsville city mural on its masonry exterior. Currently vacant and in need of renovation, the building allows a new owner to create a bespoke space matching their vision for the property. 8677 N Marcus totals 1,596 square feet and is currently 100% occupied on an NNN lease with La Palmas Restaurant, a popular local eatery with a 4.2-star Google rating. The restaurant lease runs through November 2028 with 3% annual increases.

Sitting at the intersection of Elm Street (Highway 319) and Marcus Street (Highway 15), this versatile portfolio provides businesses with excellent brand exposure and proximity to nearby traffic-driving retailers. More than 7,000 vehicles pass by the properties along the busy thoroughfares, in addition to downtown’s robust foot traffic. The buildings all sit within walking distance of the town’s most high-demand retail locations, including Piggly Wiggly, Dairy Queen, Dollar General, Circle K, Subway, Felicia’s Hot Wings, The Pizza Place, and more.

Sitting approximately one hour east of Macon and two hours west of Savannah, Wrightsville is a quaint and peaceful community and the seat of Johnson County. The serene destination presents an excellent location to start or expand a business, with recent initiatives aimed at drawing more investment into the city. The city introduced a program called Revitalizing Underdeveloped Rural Areas Legislation, otherwise known as RURAL Zone, which provides significant potential tax credits on both purchases and renovations within the designated area. Additionally, recent legislation was passed waiving the construction fees for the restoration of older buildings like the subject properties.

With a prime downtown location, highly customizable commercial units, and significant development and business advantages from the local government, this incredible retail collection is the perfect addition to a growing portfolio.