Contacts
Jay Reeves
Matthews Real Estate Investment Services
Hutt Cooke
Matthews Real Estate Investment Services
Property Details
- Property Type Retail
- Property Size 8,640 SF
- Lot Size 2 Acre
- Additional Rent Contact for pricing
- Year Built 2014
- Date Updated Nov 15, 2023
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
College Town – 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.
Corporate Guaranty – Flowers Foods currently operates 46 locations across the company and is the 2nd largest distributor of packaged bakery foods across the United States.
Huge Revenue – In 2022, Flowers Foods did $4.8B in sales
Q2 2023 Revenue Growth – Flowers Foods saw an 8.8% growth in revenue in Q2 2023
Investment Grade Credit – The tenant has an investment grade credit rating of BBB, per Standard and Poor
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Getting around
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Walk Score ®
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Bike Score ®
Location
- City Valdosta, GA
- Zip Code 31602
- Market Savannah - Hilton Head
Points of Interest
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Friendly Express
0.43 miles
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Shell
1.06 miles
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Citgo
1.40 miles
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Walmart
2.99 miles
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A.B. Foods
3.04 miles
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Flash Foods
3.61 miles
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Circle K
3.77 miles
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Enmark
3.79 miles
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Bus Parking
0.77 miles
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Sustella Parking Deck
2.66 miles
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Lowndes County Judicial Center Parking
3.02 miles
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Bojangles'
0.47 miles
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Papa John's
0.63 miles
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DQ Grill & Chill
0.88 miles
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Subway
0.92 miles
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Zaxby's
0.92 miles
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Chicken Salad Chick
1.01 miles
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Friends Grille and Bar
1.18 miles
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Chick-fil-A
1.24 miles
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Zulu Crab Shack
1.44 miles
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Wendy's
1.76 miles
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Publix
0.58 miles
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Walmart Supercenter
0.72 miles
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Bealls Outlet
1.04 miles
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Winn-Dixie
1.05 miles
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Walmart Neighborhood Market
2.91 miles
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Target
3.35 miles
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Valdosta Mall
3.50 miles
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TJ Maxx
3.90 miles
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Food Lion
9.98 miles
In-Depth Research Available for this Property
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