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2505 S Main St, Moultrie, GA 31768
Shopping center with 78% occupancy anchored by Dollar General, Belk, DaVita Dialysis, and MRS Homecare.
Property SizeContact for details
Days on Market120
Property Features for 2505 S Main St
General Information
Standard status
Active
Property subtype
Retail
Occupancy
78%
Additional Details
Cap Rate
16%
Building Details
Tenancy
Multi
Listing Agency:
Brookwood Capital Advisors - Hamd
Listed By:
Ben Hamd · License #VA 02260227550
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 4:50PM
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 Brookwood Capital Advisors - Hamd
Investment Insights
Based on property information with market context.
Sunset Plaza is a shopping center in good condition with 78% occupancy and 65% of NOI coming from national tenants. Long-time anchors include Dollar General, Belk, DaVita Dialysis, and MRS Homecare. Current NOI of $255,482.56 is described as representing a 16% cap rate on existing income.
Roofing improvements include a new TPO roof over Belk in 2016 and a new roof over the other national tenants in 2019, utilizing 45 Mil TPO under a 15-year warranty. Sellers have also executed recent 3-year lease extensions on small shop tenants to support existing NOI.
A recently received LOI from a regional fitness user relates to 6,500 SF of existing vacancy; ask the broker for additional details.
Roofing improvements include a new TPO roof over Belk in 2016 and a new roof over the other national tenants in 2019, utilizing 45 Mil TPO under a 15-year warranty. Sellers have also executed recent 3-year lease extensions on small shop tenants to support existing NOI.
A recently received LOI from a regional fitness user relates to 6,500 SF of existing vacancy; ask the broker for additional details.
Key Highlights
- Sunset Plaza shopping center 78% occupied, anchored by Dollar General, Belk, DaVita Dialysis, and MRS Homecare
- 78% occupancy with 65% of NOI from national tenants
- Existing NOI of $255,482.56 reflecting a 16% cap rate on existing income
Property Analytics
Current Use
Lease Details
78%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
786
Businesses Nearby
55k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 43%
Dining 36%
Groceries 16%
Home Improvements & Furnishings 4%
McDonald's
Dining
17,931 visits/mo
0.4 miles
Roses Discount Store
Shops & Services
14,728 visits/mo
0.4 miles
Save-A-Lot
Groceries
8,904 visits/mo
0.4 miles
BP
Shops & Services
5,187 visits/mo
0.3 miles
AutoZone
Shops & Services
3,149 visits/mo
0.5 miles
Demographics for 31768, GA
23,050
Population
9,820
Households
2.3
Avg Household Size
39
Median Age
19%
College-Educated
80%
High-School Grad
142.4 sq mi
ZIP Area
162
Density / Sq Mi
$44,895
Median Household Income
$35,074
Median Earnings
$724
Median Rent
$134,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Sunset Plaza Shopping Center — 2505 S Main St, Moultrie, GA 31768
Frequently Asked Questions
What type of property is this?
Shopping center - Shopping center with 78% occupancy anchored by Dollar General, Belk, DaVita Dialysis, and MRS Homecare.
Where is this shopping center located?
The property is located at 2505 S Main St Moultrie, GA.
What are key features of this property?
This property features: Sunset Plaza shopping center 78% occupied, anchored by Dollar General, Belk, DaVita Dialysis, and MRS Homecare; 78% occupancy with 65% of NOI from national tenants; Existing NOI of $255,482.56 reflecting a 16% cap rate on existing income
