Log In/Sign Up
Your email has been sent.
Americus Village 1602-1610 E Forsyth St 108,704 SF 85% Leased Retail Building Americus, GA 31709 $6,500,000 ($59.80/SF) 8.10% Cap Rate
Investment Highlights
- Corporate Planet Fitness Anchor | Strong Financial Drivers
- Ideal Submarket Attributes
- Best-In-Class Fundamentals
Executive Summary
As exclusive broker, Newmark is pleased to present for sale Americus Village, a 108,704 square foot community shopping center located in Americus, the primary retail hub for Sumter County and the surrounding Southwest Georgia region. The property is currently 85% occupied with 16,000 square feet of vacancy, offering investors a rare value-add
opportunity through lease-up and income growth.
Americus Village is anchored by a new Planet Fitness, a strong tenant that enhances the center’s daily traffic, long term stability, and overall tenant mix. Positioned along one of Americus’ primary retail corridors with traffic counts of approximately 15,200 VPD, the property benefits from strong visibility and convenient access. The center is surrounded by a concentration of national retailers and key community anchors, including Walmart Supercenter, Lowe’s Home Improvement, Aldi, Belk, and Roses – as well as Phoebe Sumter Medical Center, a major regional employer driving consistent consumer demand.
opportunity through lease-up and income growth.
Americus Village is anchored by a new Planet Fitness, a strong tenant that enhances the center’s daily traffic, long term stability, and overall tenant mix. Positioned along one of Americus’ primary retail corridors with traffic counts of approximately 15,200 VPD, the property benefits from strong visibility and convenient access. The center is surrounded by a concentration of national retailers and key community anchors, including Walmart Supercenter, Lowe’s Home Improvement, Aldi, Belk, and Roses – as well as Phoebe Sumter Medical Center, a major regional employer driving consistent consumer demand.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
108,704 SF
Building Class
C
Year Built/Renovated
1973/1987
Price
$6,500,000
Price Per SF
$59.80
Cap Rate
8.10%
NOI
$526,599
Percent Leased
85%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
12.01 AC
Opportunity Zone
Yes
Zoning
C-4
Parking
525 Spaces (4.83 Spaces per 1,000 SF Leased)
Frontage
200’ on Forsyth St
Amenities
- Pylon Sign
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Lux821 LLC
- -
-
99,999 SF
- -
- -
- Planet Fitness
- -
-
99,999 SF
- -
- -
- Roman Oven
- -
-
99,999 SF
- -
- -
- SWGA Fitness
- -
-
99,999 SF
- -
- -
- Treasure Hunt
- -
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Lux821 LLC | - | 99,999 SF | - | - | ||
| Planet Fitness | - | 99,999 SF | - | - | ||
| Roman Oven | - | 99,999 SF | - | - | ||
| SWGA Fitness | - | 99,999 SF | - | - | ||
| Treasure Hunt | - | 99,999 SF | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 33-3-3 | Improvements Assessment | $149,360 |
| Land Assessment | $96,000 | Total Assessment | $245,360 |
Property Taxes
Parcel Number
33-3-3
Land Assessment
$96,000
Improvements Assessment
$149,360
Total Assessment
$245,360
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Americus Village | 1602-1610 E Forsyth St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.