Financial Information
Price: $ 1,900,000
Rent Income $ 161,874
Description
Eastgate Plaza shopping center, Americus, Ga.
- 44,365 square feet retail space
- Sav-A-Lot super market signed a 7-year lease in 2010
- Price: $1,900,000; $43 per square foot
- Existing $1,172,913M loan to be assumed at 5.85% fixed rate
- Offered at 8.52% cap rate on income at 86.26% occupancy
- Easy ingress and egress from three major streets
- Tenants in place: Sav-A-Lot, AutoZone, Family Dollar, Shoe Show, Tobacco Outlet, nail salon
- 4.12 acre site; parking lot newly striped and resealed
- $727,087 equity requirement
- Site bounded by Manhattan, Lamar and Forsyth streets
- Located on US Hwy. 280 with other popular retail sites
- 9.61% cash on cash rate of return
44,365 square foot shopping center. Current tenants: Sav-A-Lot, AutoZone, Family Dollar, Shoe Show, Tobacco Outlet and a nail salon. Sav-A-Lot super market signed a 7-year lease in 2010. 4.12 acre site. Parking lot recently restriped and resealed. Financial overview and rent roll available from Michael Dixon Realty, 229-924-3089. Email: michael@michaeldixonrealty.com. Request marketing package be emailed to you.
Property Data
Living Space (sq. ft.)
44365.00
Year of Construction
1980
Heating Type
HVAC
Cooling System
HVAC
Property Size (acres)
4.12
Map
Property Location
Address
206 Manhattan St.
Zip/Post Code
31709
Town
Americus
County
Sumter County
State
Georgia
Country
United States
Contact Address
Name
Michael DixonAddress
168 Sherwood RoadZip Code
31709City
AmericusState
GAPhone: 229.924.3089
Mobile: 229.939.2756
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206 Manhattan St. Americus, GA 31709 
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