135 Goshen Road Ext
Rincon, GA 31326
Goshen Park Commercial Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- +/- 40,598 SF; 2.19 acres; 72.36% Occupied
- $64.04 PSF
- Signalized Intersection at Hwy. 21 / Goshen Rd. Ext.
- 2021 NOI: $216,424.86
- 8.32% return in 2021
- Heart of Rincon with 27,600 VPD
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signalized Intersection
ABOUT 135 GOSHEN ROAD EXT , RINCON, GA 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 72.36% leased at below-market rents, which provides tremendous upside potential to an investor. Based on net operating income (NOI) projected in 2021, the property is being offered at an 8.32% cap rate, which equates to $216,424.86. 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. The traffic count is approximately 27,600 vehicles per day.
PROPERTY TAXES
| Parcel Number | 0465F-00000-002-000 | Improvements Assessment | $1,432,898 |
| Land Assessment | $338,564 | Total Assessment | $1,771,462 |
