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33151 Highway 43 - THOMASVILLE PLAZA SHOPPING CTR., Thomasville, AL

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33151 Highway 43 - THOMASVILLE PLAZA SHOPPING CTR.

Thomasville, AL 36784


Property Type:Retail Sub Type:- Status:Existing Year Built:1988
Building Size:50,949 SF Land Area:6.41 AC (279,220 SF)
For Sale Price:$2,595,000 Price/SF:$50.93
Cap Rate:8.70 %
Parking:320 Surface spaces are available; Ratio of 6.28/1,000 SF


Retail property located in the heart of Thomasville

Sale Notes:
Thomasville Plaza is a 50,949 sq ft shopping center anchored by Super Foods Grocery. Marvin's Building Supply adjoins the property and effectively serves as a 2nd anchor. Other stable tenants include Rite Aid, CATO Fashions, and Ace Beauty Supply. The center is 94% occupied with one vacant 3,000 sf space. A potential outparcel is included.

Thomasville Plaza is located on Highway 43, the main route through Thomasville, Alabama. Since, Thomasville is rural town, the trade area for the center is much larger than in an urban setting. Thomasville's location in the northeast corner of the county has always been the key to its success. With Marengo County just four miles away to the northwest and Wilcox County just four miles north, the city attracts shoppers from both of those counties as well as from the surrounding communities in Clarke County.


SVN
Tom Hunter
(770) 682-8552 x12

John L Johnson
(404) 303-1232 x16




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