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ALDI-Anchored Shopping Center
New
For Sale
$12,270,000

901 E 16th Ave, Cordele, GA 31015

A multi-tenant retail center with grocery, medical, service, and restaurant businesses.

Property Size127,953 SF
Price / SF$95.89
Days on Market4

Property Features for 901 E 16th Ave

General Information

Standard status Active
Size 127,953 SF
Property subtype Shopping Regional
Occupancy 81%

Site & Location

Anchor Co-Tenants ALDI
Highway Access Yes

Additional Details

Cap Rate 7.25%

Amenities

ALDI-ANCHORED CENTER WITH LONG-TERM NATIONAL TENANCY
SIGNIFICANT RECENT LEASING & LONG-TERM COMMITMENT
DEFINED VALUE-ADD LEASE-UP & REPOSITIONING OPPORTUNITY
ESTABLISHED RETAIL CORRIDOR WITH CONVENIENT I-75 ACCESS
ATTRACTIVE BASIS AT APPROXIMATELY $96 PSF

Building Details

Building Size 127,953 SF
Year Built 1968
Tenancy Multi
Listing Agency: Marcus & Millichap - Dallas
Listed By: Philip Levy · License #License(s): TX: 0522087-SA
Source: Marcusmillichap
Added: Sep 24 Last Checked: Sep 26 at 3:34AM

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 Marcus & Millichap - Dallas

Investment Insights

Based on property information with market context.

Cordele Square is a 127,953-square-foot shopping center anchored by ALDI. Its tenant roster includes Harbor Freight Tools, Citi Trends, DaVita Dialysis, Rent-A-Center, CareConnect Health, AT&T, The UPS Store, Surcheros, and 7 Brew Coffee. Built in 1968, the center is 81% occupied, with approximately 24,669 square feet of vacancy. The property is configured across three parcels, providing flexibility in how the center may be managed or repositioned.

The center is located at 901 E 16th Ave in Cordele, Georgia, within the city’s primary retail corridor. Interstate 75 access is also noted.

Key Highlights

  • 127,953‑square‑foot shopping center anchored by ALDI
  • Tenant roster includes Harbor Freight Tools, Citi Trends, DaVita Dialysis, and 7 Brew Coffee
  • 81% occupied with approximately 24,669 square feet of vacancy

Property Analytics

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Current Use

Spotlight Cordele Stadium ... Cinema

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Locksmith Carpet & Flooring Store HVAC Service Bakery

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

Lease Details

81%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

152
Businesses Nearby
Balanced
Demand for This Use

Demographics for 31015, GA

18,900
Population
9,252
Households
2
Avg Household Size
41
Median Age
16%
College-Educated
84%
High-School Grad
213.6 sq mi
ZIP Area
88
Density / Sq Mi
$41,930
Median Household Income
$35,046
Median Earnings
$741
Median Rent
$125,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

  • M&S PROPERTIES LLC — 302 W 16th Ave, Cordele, GA 31015, United States

Frequently Asked Questions

What type of property is this?
Shopping center - A multi-tenant retail center with grocery, medical, service, and restaurant businesses.
Where is this shopping center located?
The property is located at 901 E 16th Ave Cordele, GA.
What is the asking price?
The asking price for this property is $12,270,000.
What are key features of this property?
This property features: 127,953‑square‑foot shopping center anchored by ALDI; Tenant roster includes Harbor Freight Tools, Citi Trends, DaVita Dialysis, and 7 Brew Coffee; 81% occupied with approximately 24,669 square feet of vacancy
More about this property
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