Retail•Community Center•For Lease
Goshen Park Commercial Center
135 Goshen Road Extension, Rincon, Georgia 31326
Goshen Park Commercial Center is a +/- 40,598 square foot mixed use center offering 1st floor retail and 2nd floor office space at the signalized intersection of Highway 21 and Goshen Road Extension. The asset is 81% leased at below-market rents, which provides tremendous upside potential to an investor. Based on 2020 net operating income (NOI), the property is being offered at a 8.42% cap rate, which equates to $252,653.33.
Space available in Rincon's premier office and retail property. The Goshen Park Commercial Center has Class A appointments, including crown molding and wainscoting throughout the common areas. Treat your employees and clients with an outdoor courtyard and abundant free parking or enjoy lunch at the on-site cafe. There is currently only one retail opportunity on the first floor and several office spaces available on the second floor, ranging from individual single offices to larger spaces that would be ideal for a variety of users including professional office, educational, training uses and more.
Rincon is located within the Savannah MSA in Effingham County and is approximately 5 miles from I-95 at Exit 109 with a strong spending population of 62,000+ residents and an average household income in excess of $78,000 within (1) mile of the property. GA Highway 21 is the main thoroughfare in and out of the county. Goshen Park Commercial Center is located on US Highway 21 at the intersection of Goshen Road, where traffic exceeds 35,000 vehicles per day. Rincon is one of the fastest growing cities in the U.S. and is a bedroom community of Savannah. Currently no city taxes, a quality school system, four-lane highway access from Savannah and to I-95 & I-16, convenient location to major work force of Savannah, close to both Ogeechee and Savannah rivers, within 45 minutes of both Hilton Head and Tybee Island beaches, makes Rincon an excellent place to live and work.
- +/- 40,598 SF; 2.19 acres; 81% Occupied
- 2020 NOI: $252,653.33
- 8.42% return in Year 1 (2020)
- Signalized Intersection at Hwy. 21 / Goshen Rd. Ext.
- Heart of Rincon with 27,600 VPD
- Class A Construction, Design and Interior
- Lots of Light, Flexible Space
- Abundant Parking, Courtyard, Landscaping
- On-Site, Attentive Property Management
- Available Spaces Range from 120 - 1,800 +/- SF
3/7/2020 1:13:23 PM
3/26/2020 5:10:43 PM