404-617-0158
3201 Macon Rd, Columbus, GA for Sale
Storefront - FOR SALE
1/13
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3201 Macon Rd
Columbus, GA 31906
Midtown Columbus


HIGHLIGHTS

  • Dominant Grocery-Anchored Shopping Center
  • Robust Immediate Trade Area
  • Excellent Exposure Along Main Access Road
  • Value-Add Opportunity

OVERVIEW

Atlantic Capital Partners has been exclusively engaged to market for sale Cross Country Plaza, a dominant and seasoned grocery-anchored power center located in one of Georgia’s most popular markets, Columbus. Centered in one of the most densely populated and highly tra?cked areas of Columbus, the asset serves as a ?xture for the stout population base along the region’s dominant North/South artery, I-185. Cross Country Plaza bene?ts from a local population of over 80,000 people within a 3-mile radius, and immediate market average household income of $93,478 per year. Totaling 304,735 square feet, Cross Country Plaza is presently 95% occupied by thirty-nine retail tenants. The thriving asset is anchored by Publix, TJ Maxx, Burlington and 2nd & Charles, as well as supported by national and regional tenants including Pet Supermarket, Goodwill, Chuck E. Cheese, Cato and Chipotle. The shopping center bene?ts from high visibility and accessibility with direct frontage on Macon Road (34,700 VPD) funneled from Interstate 185 (74,800 VPD). Including 14,794 square feet of vacancy, Cross Country o?ers a value-add component with stability allowing future ownership to enjoy long-tenured rent roll stability with value creation at a location with proven and established tenants. Cross Country is being o?ered for sale without a formal asking price, free-and-clear of existing debt.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cross Country Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Supermarket, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

1745

LAND DETAILS

LAND ACRES

26.28 AC

LAND SF

1,144,757 SF

ZONING

GC

APN/PARCEL ID

067-012-008

ASK ABOUT THIS PROPERTY

Fred VictorAtlantic RetailMore Info
404-617-0158

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Fred VictorAtlantic RetailMore Info
404-617-0158

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