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Lake Park Outlets

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5225 Mill Store Road | Lake Park, GA

  • PRICE: $2,600,000

  • Seller: Moonbeam Capital Investments

  • Buyer: Private Investor

  • Sale Date: October 2021

  • I-75 Expressway Frontage: Superlative sight lines offer unmatched frontage visibility and unobstructed views over flat topography.

  • Value-Add Opportunity: At only 26% occupancy the center offer tremendous upside potential via lease-up of vacant spaces at competitive rents (3 billboards included).

  • Potential Alternative Uses: A large entitled site with strong access and visibility has utility for an array of alternative uses including: Tourist attraction, Sports & Recreation,
    Hospitality/Hotel, Fulfillment/Distribution Center, Boating Sales/Storage, Furniture, Camping & Recreational Vehicles, Travel Station & Needs, Educational/Office/Institutional, Municipal/Public uses.

  • Perfectly Positioned for Regional Travel: Located just outside Valdosta, Lake Park is midway between Atlanta and Orlando (less than four hours from both by car), and less than three hours from both Atlantic and Gulf beaches.

  • Adjacent to Top-Performing Winn-Dixie: The subject property shares ingress/egress with a Winn-Dixie-anchored center. The store is the No. 1 Winn-Dixie in Georgia for foot traffic, according to mobile data from Credt Intell.

  • Heavy Traffic by Travelers: Over 45,800 vehicles pass by Lake Park Outlets daily, including almost half destined for Florida beaches and attractions.

  • Exit #2/Bellville Road New Bridge & Improvements: GA DOT is completing a $27.3 million bridge replacement and addition of traffic circle round-a-bouts to improve traffic circulation 1-mile south of the
    subject property

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