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1600 E. Forsyth Street 1600 E Forsyth St 7,365 SF 100% Leased Retail Building Americus, GA 31709 $995,000 ($135.10/SF) 7.75% Cap Rate


Executive Summary
7 unit fully rented shopping center with mostly long-standing tenants at the highly traveled intersection of U.S. 280 and GA 27 in Americus, Georgia. The shopping center boasts a diverse spectrum of businesses with no duplication (Dentist Office, Specialty Grocery, Mailbox Rental/Shipper, Auto Broker, Tax Preparation, Florist, Hair Salon). It is located across a 4 lane corridor from Ruby Tuesday and less than a mile from the Walmart Supercenter and Lowe’s.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
7,365 SF
Year Built
1984
Price
$995,000
Price Per SF
$135.10
Cap Rate
7.75%
NOI
$77,113
Percent Leased
100%
Building Height
1 Story
Opportunity Zone
Yes
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 33-3-2C | Improvements Assessment | $145,840 |
| Land Assessment | $133,280 | Total Assessment | $279,120 |
Property Taxes
Parcel Number
33-3-2C
Land Assessment
$133,280
Improvements Assessment
$145,840
Total Assessment
$279,120
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Presented by
Rutland Realty, LLC
1600 E. Forsyth Street | 1600 E Forsyth St
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