Retail•Community Center•For Lease

Goshen Park Commercial Center

135 Goshen Road Extension, Rincon, Georgia 31326

Lease Rate $12.00-$40.00 /SqFt MG
Zoning B-2
Bldg Type Multi-Tenant
Class A
Status Existing
Year Built 2003
Stories 2
Cap Rate 8.42%
Vacancy 20,299%
Gross Bldg 40,598 SqFt
Total Avail 8,870 SqFt
Avail 1,548 to 0 SqFt
RBA 40,598 SqFt
Contig Space 1,757 SqFt
Land Area 2.19 Acres
Ceiling Height 9.0 Ft
Net Op Inc $252,653.33
Market Savannah
Sub-Market Effingham
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

8 Spaces

1,657 SqFt
$16.00 MG
156
1
3/1/2020
1,669 SqFt
1,669 SqFt
1,628 SqFt
$12.00 MG
202
2
3/1/2020
1,628 SqFt
1,628 SqFt
Formerly the management office. Wide open space with full kitchen with stainless steel appliances. Overhead projector and lots of natural light from windows. Custom blinds and synthetic wood floors.
505 SqFt
$15.45 G
203B/203C
2
3/1/2020
505 SqFt
505 SqFt
Two individual units window offices, combined by door between the offices. (Red carpet). Ideal for small team. Shared hall, waiting and reception area. Rent includes utilities
120 SqFt
$40.00 G
203D
2
3/1/2020
400 SqFt
400 SqFt
Individual interior office (no window) - shared reception, waiting and hall - includes utilities.
120 SqFt
$40.00 G
203E
2
3/1/2020
200 SqFt
200 SqFt
Individual interior office (no window) - shared reception, waiting and hall - includes utilities.
1,757 SqFt
$12.00 MG
204
2
3/1/2020
1,757 SqFt
1,757 SqFt
Wide open with full kitchen (stove, etc). Good for classroom or meeting space. Formerly occupied by a church though no more churches will be considered. Lots of natural light from windows and overhead projector in place.
1,535 SqFt
$12.00 MG
251
2
3/1/2020
1,535 SqFt
1,535 SqFt
Elevator exposure on 2nd floor. Space consists of two large open area with two private offices and a storage room. Space has outlets in the floor which makes it an ideal location for training.
1,548 SqFt
$12.00 MG
255
2
3/1/2020
Reception / waiting area with expansive open area, two private offices and a storage room.
3/7/2020 1:13:23 PM 3/26/2020 5:10:43 PM
Vonnie Majewski, CCIM
Partner
SVN | GASC
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