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32918210
32918234

206 Manhattan St, Americus, GA 31709

CM
10401375311
Silber Investment Properties Ltd
AA
NY 10401386514
Listed by Silber Investment Properties Ltd
$4,000,000
15 days on market
Updated 15 days ago
Opportunity zone

Eastgate Plaza- 206 Manhattan St Americus, GA 31709

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 44,365
Cap Rate 7.30%
NOI $293,879
Occupancy 100%
Tenancy Multi
Brand/Tenant Family Dollar, AutoZone
Lease Type Gross
Price per SqFt $96
Class B
Parking Spaces spaces
Investment Type Stabilized
Tenant Credit Credit Rated
Ground Lease No
Sale Condition N/A

Necessity-Based | Multi-Tenant Retail Center | Americus, GA

Marketing description

Eastgate Plaza is a strong necessity-based neighborhood center anchored by tenants including Family Dollar, AutoZone, Shoe Show, Cost Cutter Super Market, and Queens Beauty Supply, creating steady daily traffic to the property from both local residents and surrounding communities. Well located in the main retail corridor of Americus along East Lamar Street and East Forsyth Street with traffic counts exceeding 15,000 vehicles per day and excellent access from multiple directions. The diversified tenant mix provides stable in-place cash flow without heavy reliance on any one tenant or industry.

Investment highlights

Strong necessity-based neighborhood center anchored by tenants including Family Dollar, AutoZone, Shoe Show, Cost Cutter Super Market, and Queens Beauty Supply, creating steady daily traffic to the property from both local residents and surrounding communities.

Well located in the main retail corridor of Americus along East Lamar Street and East Forsyth Street with traffic counts exceeding 15,000 vehicles per day and excellent access from multiple directions.

Diversified tenant mix provides stable in-place cash flow without heavy reliance on any one tenant or industry.

Strong frontage and visibility along East Lamar Street with multiple ingress and egress points allowing for easy customer access and strong exposure to passing traffic.

Opportunity for future upside through lease renewals, rent growth, and continued improvement of the tenant mix over time.

Dense surrounding retail corridor supported by nearby restaurants, hotels, grocery stores, and Georgia Southwestern State University which helps support consistent daytime traffic in the area.

Listing Contacts

CM
10401375311
Silber Investment Properties Ltd
AA
NY 10401386514
Listed by Silber Investment Properties Ltd

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$293,879.00
$24,489.92/mo

Valuation Metrics

0
DSCR
7.35%
Cap Rate
7.35%
ROI

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