Commerce Crossing Strip Center - Commerce, GA | 185-271 S Elm St
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Commerce Crossing Strip Center - Commerce, GA 185-271 S Elm St
63,911 SF 40% Leased Retail Building Commerce, GA 30529 $5,500,000 ($86/SF) 7.04% Cap Rate
Investment Highlights
- Prime Location Near Major Intersection With Excellent Visibility, Ensuring Businesses Stands Out in a Bustling Area
- This Space Was Formerly Leased By Retail Giants Like Walmart and Ingles, Showcasing Its Potential to Attract High Foot Traffic
- Located Just a Couple of Miles From the SK Battery Plant and Southeast Toyota Distributors
- Brand-New Roof and HVAC System Recently Installed on Building 1
- Ample Parking is Available For Both Shoppers and Employees, Making Convenience a Priority For Customers
- The Center is Anchored By a Fred's; Additional Retailers at the Site Include Subway, Dominos Pizza and Peking Palace
Executive Summary
Sands Investment Group is Pleased to Present For Sale the Commerce Crossing Strip Center, a 106,910 SF Shopping Center Located Off of US-441 in Commerce, Georgia. The Center is Anchored By a Fred's With a 31,312 SF Vacant Big-Box at the Center, Presenting an Excellent Opportunity For a National Retailer to Take Advantage of This Neighborhood Shopping Center, Providing For a Secure Investment.
In Cooperation With Sands Investment Group Atlanta, LLC Lic. #67374 BoR: Andrew Ackerman - Lic. GA #311619
In Cooperation With Sands Investment Group Atlanta, LLC Lic. #67374 BoR: Andrew Ackerman - Lic. GA #311619
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
63,911 SF
Building Class
C
Year Built
1988
Price
$5,500,000
Price Per SF
$86
Cap Rate
7.04%
NOI
$387,200
Percent Leased
40%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
5 Exterior
Building FAR
0.11
Lot Size
13.36 AC
Zoning
C2 - Commercial Service District
Parking
626 Spaces (9.79 Spaces per 1,000 SF Leased)
Frontage
472 FT on Elm St
Amenities
- Dedicated Turn Lane
- Pylon Sign
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Fine Fabrics
- Retailer
- 33,232 SF
- -
- Mar 2027
- JD's Tobacco Out
- Retailer
- 3,000 SF
- -
- Jun 2033
- Peking Place
- Retailer
- 1,500 SF
- -
- -
- VAP HUT
- Retailer
- 1,500 SF
- -
- Jun 2033
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
Fine Fabrics | Retailer | 33,232 SF | - | Mar 2027 | ||
JD's Tobacco Out | Retailer | 3,000 SF | - | Jun 2033 | ||
Peking Place | Retailer | 1,500 SF | - | - | ||
VAP HUT | Retailer | 1,500 SF | - | Jun 2033 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 185
- 36,978 SF
- Retail
- End Cap
- Now
- 200
- 19,000 SF
- Retail
- In-Line
- Now
- 265
- 3,200 SF
- Retail
- In-Line
- Now
Space | Size | Space Use | Position | Available |
185 | 36,978 SF | Retail | End Cap | Now |
200 | 19,000 SF | Retail | In-Line | Now |
265 | 3,200 SF | Retail | In-Line | Now |
185
Size |
36,978 SF |
Space Use |
Retail |
Position |
End Cap |
Available |
Now |
200
Size |
19,000 SF |
Space Use |
Retail |
Position |
In-Line |
Available |
Now |
265
Size |
3,200 SF |
Space Use |
Retail |
Position |
In-Line |
Available |
Now |
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 022-031B | Improvements Assessment | $313,640 |
Land Assessment | $207,240 | Total Assessment | $520,880 |
PROPERTY TAXES
Parcel Number
022-031B
Land Assessment
$207,240
Improvements Assessment
$313,640
Total Assessment
$520,880
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Commerce Crossing Strip Center - Commerce, GA | 185-271 S Elm St
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