​Highlights

• Promenade Plaza is located directly across the street from the Valdosta Mall, an indoor mall totaling over 500,000 square feet. The Valdosta Mall is anchored by dozens of national tenants.

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• Outparcels (NIC) to Promenade Plaza include McDonalds, Panera Bread, Sonny’s BBQ, Mori Japanese Steakhouse, all of which have high customer counts and provide excellent crossover traffic.

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• With average tenancy lasting more than 16 years and the average rental rate being just over $8.00 per square-foot, substantial upside is available for an investor to both increase rents and value.

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• The immediate submarket has seen an average occupancy rate of over 96 percent during the last 5-years.

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• Major Employers in Valdosta are all essential businesses including Moody Air Force Base, South Georgia Medical Center, Valdosta State University and local government agencies. With recession proof industries and economic drivers, Valdosta’s economy is one of the most stable markets in the country.