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Property profile & analytics
FOR LEASE
Strip malls

1300 S Madison Ave Douglas, GA 31533

90,222 SF 6.95 ac lot Built 1990
Entity Owned Absentee Owner Free & Clear
Property ID
US22-3124026
Property summary
AI-generated overview

This exceptional retail property, Perimeter Place, located at 1300 S Madison Ave in Douglas, Georgia (zip code 31533), offers a significant investment opportunity. The shopping center encompasses a substantial 185,191 square feet of retail space, currently featuring multiple tenants. A prime opportunity exists with approximately 7,450 square feet of vacant space available for lease, ideal for expansion or new business ventures. The property sits on a one-acre lot, providing ample parking and visibility for tenants. Its location in Douglas, GA, offers access to a thriving local market and convenient access to major transportation routes. The "Commercial, Shopping Center" classification ensures a diverse tenant mix and strong potential for rental income. The property's size and layout provide flexibility for a variety of retail uses, making it an attractive option for both established businesses and new enterprises. This is a rare opportunity to acquire a substantial retail space in a desirable location. The property's existing infrastructure and ample space offer significant potential for growth and profitability. Serious inquiries are encouraged to explore this exceptional retail investment opportunity further. Detailed property information and lease terms are available upon request. The property is conveniently located at 31.4915025 latitude and -82.8477391 longitude.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1990
Total area 90,222 SF
Lot 6.95 ac (302,742 SF)
Zoning code DOUG
APN 0117A- -170
UPID US22-3124026
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sears Appliance Repair Home Appliance Store
  • Ollie's Bargain Outlet Discount Store
  • Goodwill Retail Store and Donation Center Discount Store
  • Kmart Home Decor Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.11M
Owner & transaction history
DOUGLAS RETAIL I LLC
DOUGLAS RETAIL I LLC
Zoning & alternative use
DOUG · Douglas, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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