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Details: Retail

Asking Price: $2,207,000

Square Feet: 3,512 SF

Asking Cap Rate: 7.00%

Year Built: 2012

Year Renovated: 2023

NOI: $154,528

Mattress Firm

  • Recently renovated in 2023; new roof in 2025 with a transferable 20-year manufacturer roof warranty
  • Over 7 years left on current lease term
  • 10% Rental escalation on 7/1/2028
  • Two, 5-Year Extension Options with 10% rent escalations
  • Corporately Backed by Mattress Firm Corporation
  • Operates 2,500 locations in 49 states
  • Largest bedding retailer in the United States
  • Located less than two miles from Georgia Southern University, enhancing visibility and foot traffic
  • Anticipated Population Growth of 2% over the next 5 years
  • Located next to the #1 Aldi in traffic count and sales in the state of GA
  • Situated next to the main retail corridor of Statesboro, GA
  • Strong Traffic Counts with 25,000+ Vehicles Per Day
  • Proximity to a major university adds value, as college towns tend to drive strong investor interest and competitive bidding

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