The Palomar Team recently facilitated the sale of Gateway Retail Shops, a 9,515sf Wal-Mart shadowed center in Grovetown, GA. Located off Interstate 20, in Grovetown’s major retail corridor, the highest growth area of the Augusta, GA MSA. The center was 100% occupied at the time of sale with a mix of local and national tenants on brand new leases. The team represented the seller in the transaction. The buyer was satisfying a 1031 need.

 

PROPERTY HIGHLIGHTS:

• Wal-Mart Shadow Center
• 9,515sf
• 100% Occupied
• Bought as part of a 1031 Exchange
• Tenants include AT&T, Navy Federal Credit Union, and Just Beds.