Fort Valley Shopping Center
Grocery Anchored | 7.75% CAP | 71,887 SF
Marketing description
Cleeman Realty Group is pleased to present the exclusive opportunity to purchase Fort Valley Shopping Center, a grocery anchored shopping center located at 2275 US Hwy 341 in Fort Valley, GA 31030. With a strong anchor tenancy from Food Depot and a recently extended lease from Roses, stability and steady foot traffic are guaranteed. The property's strategic location, just a 1-hour and 45-minute drive from Atlanta, further enhances its appeal. Recent capital improvements, including front painting, stucco upgrades, and roof work totaling over $200,000, demonstrate a commitment to maintaining and enhancing the center's value. There is an opportunity for further development with an outpad in front of the center. Demographics also favor the property, with a 3-mile population of 14,476 and an average household income of $73,202, indicating a strong consumer base. Contact us to learn more.
Investment highlights
Long term anchor tenancy by Food Depot for more than 20 years has been a steady driver of traffic to the center. This location ranks #2 of 40 in the chain for the State of Georgia (ADVAN)
Upside opportunity through the development of an outpad in the front of the center
Significant capital improvements made recently to the center include $74,000 painting the front of the center and all stucco and $213,000+ in roof work
Other than Dollar General this is the only supermarket West of I-95 in the market
Located approximately 1 hour and 45 minute drive from Atlanta
Roses recently extended their lease thru February 2033 bringing stability to the center
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