Marcus & Millichap is pleased to present the Baytree Corner located in Valdosta, Georgia. The offering is a 100 percent occupied, 13,500 square foot retail center constructed in 2007. A mix of established local tenants occupy the four spaces in the center ranging from 1,000 square feet to 4,000 square feet.

Baytree Road is a major trade corridor servicing Valdosta 560,000-square foot Regional Mall, Valdosta State University and several top national retailers such as Bed, Bath & Beyond, Buckle, PetSmart, JC Penney, Old Navy, and Ross Stores. The subject property is highly visible, centrally located and well positioned on a 1.5-acre right in front of Valdosta State University with upwards of 15,500 AADT.

Valdosta is the trade center for a ten-county area. Lowndes County has over 114,000 residents and retail sales alone surpass $1.8 billion annually. More than 57,000 people live within the urban area which has increased from 43,000 (in the year 2000). Valdosta State University, Moody Air Force Base, South Georgia Medical Center, Embry Riddle and direct access to Interstate 75 are among the many reasons why Valdosta is the business hub for Southern Georgia and nearby North Florida communities.

Priced at $1,790,000, Baytree Corner offers a going-in Cap Rate of 8% with 7-10% rent escalations in years to follow.