Properties

Mattress Firm, Brunswick, GA

125 Altama Connector
Brunswick, GA 31525

PROPERTY SOLD

Property: Investment Sales

Square Footage: 4,200

Price: $1,848,000

Cap Rate: Call

Description:

• Located in coastal GA just off I-95 exit 38 between Savannah and Jacksonville, FL
• Next to Glynn Place Mall, a 500k SF regional mall anchored by Belk, Sears, JC Penney
• 4,200 SF retail store constructed on 1.25 acres and completed in Spring 2013
• 10 year corporate net lease with rent bumps that commenced in May 2013
• Zero financed transaction closed escrow in August 2013 for approx. $1.74 million
• The all cash buyer was a publicly traded REIT based in Arizona