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1500 E Forsyth St
Americus, GA 31709

$8,126,000 USD

Storefront For Sale  •  165,315 SF

Property Details

  • Property Type Storefront
  • Total Building Size 165,315 SF
  • Lot Size 17.88 AC
  • Building Class B
  • Year Built 1972
  • Tenancy Multiple
  • Zoning C-1
40 Walk Score

Highlights

In addition to Belk (26% of GLA), Perlis Plaza features a roster of eight additional nationally recognized brands.
Price/SF less than $50.00/SF.
99% of occupied GLA has 5+ years of tenancy and 66% has 15+ years; Belk (1988) and Sherwin Williams (1986) each have 35+ consecutive years.
Smaller vacant boxes (13 units/20% of GLA) that range from 1,000 SF - 7,000 SF offer immediate upside to complement an already stabilized.
Two out pads available for development along E Forsyth Street.
Several long-term tenant leases coming due in the next 3 years with no remaining options. In-place rents averaging $6.51/SF.

Amenities

  • Bus Line
  • Restaurant
  • Signage
  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 543
Type: Surface
Included in Rent: Yes
Liam Rowan 404-369-4352 Sands Investment Group Atlanta, LLC
Liam Rowan 404-369-4352 Sands Investment Group Atlanta, LLC