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.