Flowers Foods
2712 Bemiss Road, Valdosta, GA
For Sale
Industrial
Business Park
$2,000,000
Price
6.84%
Cap Rate
$136,800
NOI
Overview
Cap Rate
6.84%
NOI
$136,800
Year Built
2014
Highlights
- Long Term Lease – Flowers Foods has roughly 6 years remaining on their original 15 year lease, allowing for a long term investment
- Minimal Landlord Obligations – The tenant in on an modified NNN lease, with limited landlord responsibilities
- Option to Extend Lease – Flowers Foods has One, 5-year options to extend the lease
- Valdosta State University, which has more than 12,000 students, is located less than 2 miles from the subject property
- Dense Population – The 5 mile population is more than 75,000 people
- Growing Market – The population is projected to grow by 2% in the next 5 years
- Heavily Trafficked Area – The Property is located on Bemiss road, which is a 5 lane highway and sees over23,000 VPD.
Documents
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Flowers-Foods-Valdosta-GA-OM__1_.pdf
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