882 Northside Drive

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882 Northside Drive

Statesboro, GA 30458
Asking Price
$580K
Asset Type
Retail
Class
Class B

What's Special

882 Northside Drive is situated in a primary commercial corridor of Statesboro, Georgia, characterized by a high density of retail and service-oriented businesses. The property is located near the busy intersection of Northside Drive and North Main Street, providing convenient access to U.S. Route 80 and U.S. Route 301. The surrounding neighborhood features a mix of established shopping centers, fast-food restaurants, and professional offices. It is positioned approximately three miles from Georgia Southern University, benefiting from the steady traffic flow associated with the university community and local residents. The site is suited for retail operations that require high visibility and frequent consumer turnover. Ideal use cases include boutique shops, specialized service providers, or small-scale showrooms. The typical tenant profile includes national franchises seeking proximity to the city's central business district or local entrepreneurs looking to leverage the area's consistent vehicle counts. Given the surrounding demographic and commercial density, the location supports businesses that cater to both the student population and the broader Bulloch County workforce.

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NOI
$80,000
Cap Rate
13.79%
DSCR
2.32
Strong
Cash-on-Cash
26.19%
Monthly Payment
$2,869.524
Annual Cash Flow
$45,565.718

Location & Travel Times