OFFERING INTRODUCTION
Matthews Real Estate Investment Services™, as exclusive broker, is pleased to offer Brunswick West - a 77,485± square foot neighborhood center, anchored by a proven Winn-Dixie with a new 10-yr extension, and located in Brunswick, GA near the Golden Isles of St. Simons and Sea Island.
INVESTMENT HIGHLIGHTS
Anchored by Winn-Dixie, bolstered by a recent 10-yr Lease Extension through 2034 Providing a a long-term, valuable ‘essential needs’ shopping component, which draws from a wide radius on the west side of I-95 in Brunswick
Proven Winn-Dixie store with a strong foothold within the community
Reporting strong 2024 sales, resulting in a healthy occupancy cost of 1.7% and a WALT of 7.58.
Coastal Georgia location adjacent to the Golden Isles – St. Simons Island, Jekyll Island and Sea Island
Major tourist destinations in the Southeast, with a strong year-round consumer base.
Situated one exit south (on I-95) of the newest and largest Buc-ee’s in GA and 4 miles from Tradewinds Technology Park
A 750-AC business park certified for accelerated development with a 500K SF warehouse facility under construction for ProDirect
Excellent leasing momentum highlighted by a new lease with Dollar Tree for 13,500±SF A complimentary, national credit junior anchor, which will further bolster customer traffic at the Property
Surrounding retail node includes 11 hotels within ½ of a mile and national outparcels Including IHOP, Starbucks, Cracker Barrel, Wendy’s, Taco Bell, Pizza Hut, Burger King, McDonald’s, Krystal, KFC, Waffle House and more.
Strategically located just seconds off I-95
One of the busiest thoroughfares on the Eastern Seaboard with 60,600 VPD
With new roofs installed in 2014 and renovations and painting to the facades of the Property in 2025
The Property is well-positioned for an incoming owner with minimal CapEx requirements from day one
PROPERTY ATTRIBUTES
Excellent Leasing Momentum
In addition to an early extension with Winn-Dixie, through 2034, Dollar Tree signed a new, 10-yr lease through 2035, for 13,500±SF - a major, synergistic addition to the tenant roster at Brunswick West, providing an extremely strong avg. anchor lease term of 10 years.
Strategic Position Adjacent to I-95 – High Consumer Traffic
Brunswick West enjoys a strategic position just seconds from I-95 – one of the busiest interstates on the Eastern Seaboard – connecting Savannah, GA to the north with Jacksonville, FL to the south. Additionally, the surrounding retail node (Exit 36), includes 11 hotels within ½ of a mile and national restaurants - IHOP, Starbucks, Cracker Barrel, Wendy’s, Taco Bell, Pizza Hut, Burger King, McDonald’s, Krystal, KFC, Waffle House, Sonny’s BBQ and more.
Strong Shopping Center Fundamentals
Brunswick West boasts strong retail fundamentals, which enable its long-term success. In addition to a highly visible, ‘retail strip’ configuration, the Property has prominent signage, extremely convenient ingress/egress via 6 access points, ample parking, and a signalized intersection at its southern corner. The current owners installed new roofs in 2014, which are under warranty, notably limiting potential CapEx in the near future.
MARKET OVERVIEW
Brunswick, GA
Situated in Coastal Georgia, adjacent to the barrier islands which make up the Golden Isles, Brunswick is positioned along I-95, roughly 69 miles north of Jacksonville, FL and 79 miles south of Savannah, GA. The county seat for Glynn County, Brunswick serves as the primary urban and economic center of the lower southeastern part of Georgia, home to an inviting downtown area, a major port and logistics hub, a government training installation, a significant tourism industry, and center for aerospace, manufacturing and food processing. Operated by the Georgia Ports Authority, the Port of Brunswick is a vital part of the city’s economy – recognized as one of the most productive ports on the East Coast and 6th busiest automobile port in the U.S. Tourism is the largest industry in Glynn County, based around the Golden Isles – a year-round resort community which includes Sea Island, St. Simon’s Island, Little St. Simon’s Island, and Jekyll Island. In addition to 10 straight years on Travel + Leisure’s “World’s Best Islands” list, the magazine named the Golden Isles the “#1 Best Island Group in the U.S.” for 2024, citing the area’s beautiful beaches, world-class golf courses, picturesque landmarks, and renowned local cuisine. In 2004, President George W. Bush hosted the G8 Summit at the Cloister – a Forbes Five-Star Resort on Sea Island.
LOCATION ATTRIBUTES
Port of Brunswick
The Port of Brunswick, one of the fastest-growing ports on the U.S. East Coast, is a premier gateway for the import and export of automobiles and heavy machinery. Strategically located in southeast Georgia, the port boasts deepwater terminals, efficient rail connectivity, and proximity to major Southeast markets, driving sustained economic impact across the region.
The Golden Isles
Brunswick serves as the gateway to Coastal Georgia’s famous Golden Isles – the four barrier islands of St. Simons, Sea Island, Jekyll Island, and Little St. Simons. Named #1 on Travel + Leisure’s list of Best U.S. Islands in the continental United States, the Golden Isles generate $1.6 billion annually from visitor spending.
Brunswick Golden Isles Airport (BQK)
Brunswick Golden Isles Airport serves 800,000 passengers annually via daily 37-min Delta Connection and Canadair flights to and from Hartsfield-Jackson Atlanta International Airport, which connects to 350 Delta destinations worldwide.
DEBT CONTACT
Andrew Marcus
First Vice President
(201) 787-6030
andrew.marcus@matthews.com
BROKER OF RECORD
Bill Pedersen
License No. 80041 (GA)