The Shoppes at Fore Magnolias is a charming 10,860 sq-ft retail center located on Highway 44 in the prestigious Lake Oconee area. Nestled near Lake Oconee and backdropped by world-renowned Reynolds Plantation and with average household income in a five-mile radius of over $128,000, this shopping area is in the perfect location to draw in affluent patrons as well as those vacationing in the area. The Shoppes at Fore Magnolias is built on 1.25 acres at the corner of Clack Circle and highway 44. The center is 100% occupied and has 7 successful, longterm tenants. The adjacent property houses 1 of the most popular restaurants in the area and draws high-end patrons to the center. The property is superbly maintained and features magnificent views of Lake Oconee. Traffic counts on Greensboro Road exceed 12,000 vehicles per day. The annual net operating income for the property is approx $79,982.75 providing a solid 1st year cap rate of 6.8%.<br />

<br />

View Full Listing: <a href="https://realestate.oodle.com/j_a2xx_/4558179596-22666u1097,195-0F2BE7D5FDE3/realestate.oodle.com___ODLSLuzlYI8serjF2oy5J1B8v-TMyfCZ7OrEffP5zTSW6hAknTDcWlhcYnisAl8UB51h-_WDRap5ckjlG5kLdgKmgqu2hmTFzlnl7ZTmcoIcOQp_AwYZok9rCnxxDJGGrGzNmEkxqv2Hz0TCcLTKAeoV5ai-_HXdm4JI," rel="nofollow">here</a>