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Regional Shopping Center with Vacant Suites
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1500 East Forsyth Street, Americus, GA 31709

Regional retail center offering multiple available suites alongside a roster of national credit tenants.

Property Size165,315 SF
Price / SF$49.15
Days on Market58

Property Features for 1500 East Forsyth Street

General Information

Standard status Active
Size 165,315 SF
Property subtype Retail
Zoning C-1 Roadside Business District
Occupancy 80%
Net Operating Income $670,395

Building Details

Year Built 1972
Tenancy Multi
Listing Agency: Sands Investment Group
Listed By: Andrew Ackerman · License #AL 000109975
Source: Crexi
Added: Jun 16 Changed: Aug 8 Last Checked: Aug 11 at 1:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group

Investment Insights

Based on property information with market context.

Perlis Plaza Shopping Center is a regional retail property offering a mix of tenant space within a nationally anchored center. The offering includes several vacant suites available for lease, alongside a durable in-place tenant roster featuring nine national credit tenants. The national tenants have an average tenure exceeding 25 years, providing continuity within the center’s operating history.

The property is located at 1500 E Forsyth Street in Americus, Georgia. Per the seller, the center serves as the premier shopping destination in the Americus market.

For buyers and operators, Perlis Plaza presents an opportunity to acquire a shopping center with an established tenant base and multiple suites available to lease. The current vacancy profile supports an immediate focus on tenant absorption, while the long-tenured national credit occupancy is intended to provide stability to the overall tenant mix. Prospective purchasers should evaluate the available suites and leasing strategy as part of due diligence for an acquisition of this scale.

Key Highlights

  • 165,315 SF regional shopping center for sale at 1500 E Forsyth Street in Americus, GA
  • Year built: 1972
  • Nationally anchored center with nine national credit tenants

Property Analytics

Current Use

US Government Military Recruiting Office Perlis Plaza Shopping Center & Mall Open A Locked Car Corporate Office TNT Fireworks Department Store

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Kitchen & Bath Showroom Bakery Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

542
Businesses Nearby
Well-served
Demand for This Use

Demographics for 31709, GA

15,487
Population
6,846
Households
2.3
Avg Household Size
35
Median Age
27%
College-Educated
85%
High-School Grad
120.5 sq mi
ZIP Area
129
Density / Sq Mi
$41,400
Median Household Income
$30,460
Median Earnings
$904
Median Rent
$130,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Perlis Plaza 1500 E Forsyth St, Americus, GA 31709
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Frequently Asked Questions

What type of property is this?
Shopping center - Regional retail center offering multiple available suites alongside a roster of national credit tenants.
Where is this shopping center located?
The property is located at 1500 East Forsyth Street Americus, GA.
What is the asking price?
The asking price for this property is $8,126,000.
What are key features of this property?
This property features: 165,315 SF regional shopping center for sale at 1500 E Forsyth Street in Americus, GA; Year built: 1972; Nationally anchored center with nine national credit tenants
More about this property
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