The Southeastern Investment Sales team, David Rivers, Steve Collins and Ryan McArdle, facilitated the sale of Gateway Retail Shops, a 9,515 SQ FT Wal-Mart shadowed center in Grovetown, GA. Located just off Interstate 20 at Lewiston Rd, Grovetown’s major retail corridor in a high growth area of the Augusta, GA MSA. The center was 100% occupied at the time of sale with a mix of local and national tenants on brand new leases. Southeastern represented the seller in the transaction. The buyer was satisfying a 1031 need.
– Wal-Mart Shadow Center
– 9,515 SQ FT
– 100% Occupied
– Bought as part of a 1031 Exchange
– Tenants include AT&T, Navy Federal Credit Union, and Just Beds