2712 Bemiss Rd

2712 Bemiss Rd, Valdosta, GA 31602

Property Information

  • For Sale $2,000,000
  • Property Type Retail
  • Property Size 8,640 SF
  • Lot Size 2 Acre
  • Year Built 2014
  • Date Updated Jan 23, 2025

Description

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

Contacts

Jay Reeves

Matthews Real Estate Investment Services

Hutt Cooke

Matthews Real Estate Investment Services

Location

Contact 2712 Bemiss Rd
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