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    831 Peterson Ave Douglas, GA 31533

    For Lease
    $6 SF/Yr

    High-visibility shopping center in Douglas, GA

    Lot size:
    97,702 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Douglas Plaza, located at 831 Peterson Ave S in Douglas, Georgia (zip code 31533), is a well-established community shopping center totaling 97,702 square feet. Built in 1975 and renovated in 1992, this property sits on a 6.77-acre lot and is zoned B2, General Business. Currently, there are multiple retail spaces available, ranging from a minimum of 3,804 square feet to a maximum contiguous space of 32,628 square feet. A significant 36,468 square feet is currently vacant, presenting a substantial opportunity for expansion or new tenants. The center enjoys high visibility and convenient access, contributing to its strong tenant base. Current tenants include Farmers Furniture and Family Dollar, with Harvey's Grocery anticipated to vacate in 2025. This prime retail location in Coffee County offers a diverse tenant mix and significant potential for growth within a thriving community. The property's size and flexible space options make it ideal for a variety of retail businesses seeking a prominent presence in Douglas, Georgia. Interested parties should note the property's convenient location and the opportunity to establish a presence alongside established businesses.

    Property Features for 831 Peterson Ave

    General Information

    Property type
    Community centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    97,702 SF
    Total Rate
    48851

    Building Details

    Year Built/Renovated
    1975/1992

    Unit(s) available at that property

    Space
    Available space
    Size
    32,628 SF
    Rate per SF
    $6
    Space
    Available space
    Size
    3,840 SF
    Rate per SF
    $14

    HighLights

    • High‑visibility location at 831 Peterson Ave S (Hwy 441), Douglas, GA.
    • Convenient access from Peterson Ave S/Highway 441.
    • 32,000 SF anchor space and 3,840 SF suites available for lease.
    • Excellent pylon signage opportunities.
    • Property details available at: https://buildout.com/website/Space‑Available‑Douglas‑GA
    Property Profile Location Intelligence

    Current Use by Public Records

    Kobe Japanese Hibachi ... Japanese Restaurant AMG Finance Financial Institution

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Douglas
    County
    Coffee
    State
    Georgia
    Longitude
    -82.8521569
    Latitude
    31.4994278

    Nearby Comparable

    • Contact for pricing
      185,191 SF

      Douglas, GA Retail Center

      Prime Retail Space - 185,191 SF
      1300 Madison Ave, Douglas, GA 31533
      View Details
    • Contact for pricing

      Land for Rent in Douglas

      Land available for rent at 1320 Trojan Ln, Douglas, GA.
      1320 Trojan Ln, Douglas, GA
      View Details
    • $12 SF/Yr
      32,628 SF

      Established Shopping Center Space Available

      Community shopping center with high visibility and easy access.
      805-835 S Peterson Ave, Douglas, GA 31533
      View Details
    • $5 SF/Yr
      8,000 SF

      Harper Shops: Ocilla Retail Space

      Prime Ocilla retail space, multiple units available.
      605-607 Irwin Ave, Ocilla, GA 31774
      View Details
    • $12 SF/Yr
      9,200 SF

      Fitzgerald Retail Space For Lease

      Prime Retail, Multiple Units Available
      116 Benjamin H Hill Dr, Fitzgerald, GA 31750
      View Details
    • $8 SF/Yr
      56,312 SF

      Colony Square Retail Center

      Fitzgerald, GA retail space available
      262 Ocilla Hwy, Fitzgerald, GA 31750
      View Details

    Nearby Similar for Lease

    • Contact for pricing
      185,191 SF

      Douglas, GA Retail Center

      Prime Retail Space - 185,191 SF
      1300 Madison Ave, Douglas, GA 31533
      View Details
    • $12 SF/Yr
      32,628 SF

      Established Shopping Center Space Available

      Community shopping center with high visibility and easy access.
      805-835 S Peterson Ave, Douglas, GA 31533
      View Details

    FAQs

    What type of property is this?
    Community center - High-visibility shopping center in Douglas, GA
    Where is this community center located?
    The property is located at 831 Peterson Ave Douglas, GA.
    What is the lease rate?
    The lease rate is $6-$14 SF/Yr.
    What are key features of this property?
    This property features: High-visibility location at 831 Peterson Ave S (Hwy 441), Douglas, GA.; Convenient access from Peterson Ave S/Highway 441.; 32,000 SF anchor space and 3,840 SF suites available for lease.
    Request Owner's contact information
    831 Peterson Ave Douglas, GA 31533
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    831 Peterson Ave Douglas, GA 31533
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