Blue Ridge Plaza 3 biens | Local commercial | À vendre | 2 891 526 € | Blue Ridge, GA

Blue Ridge Plaza offers investors a fully stabilized, 100% leased retail asset in the heart of Blue Ridge, Georgia—a high-growth, tourism-focused market drawing over 1.2 million annual visitors. This 53,453-square-foot center includes a strong mix of daily-needs retail, fitness, and service-oriented tenants anchored by BodyPlex Fitness and Dollar General. Tenancy diversity is complemented by recent leasing momentum, with five new deals executed in the past year, reflecting strong demand in a supply constrained market.
Strategically located along E 1st Street (Hwy 76), the property benefits from outstanding visibility and access to high traffic counts that feed Blue Ridge’s primary commercial corridor. In-place rents average $9.79 per square foot NNN, which is approximately 16% below the Costar 1-mile average, presenting a clear mark-to-market opportunity. With 23% credit tenancy, an average tenant tenure of 6.2 years, and several leases rolling within the next five years, this asset offers secure Day 1 income coupled with a compelling value-add upside through renewal spreads and re-tenanting at higher market rates. Tourism and limited regional competition create a resilient revenue environment with long-term growth potential.