2419 S Main St
Moultrie, GA 31768

Sunset Plaza is 142,501 square foot retail center located at 2419 Main Street in Moultrie, Georgia. The property commands tremendous presence, covering approximately 15 acres, with numerous points of ingress and egress. Sunset Plaza is occupied by such nationally recognized tenants as Belk, Sears, Dollar General and Davita Dialysis. At 76 percent occupancy, the remainder of the tenant lineup consists of local tenants servicing the daily needs of the surrounding community. Sunset Plaza is located one block north of Colquitt Regional Medical Center, a 151 bed hospital that has received 5 consecutive “A” Hospital Safety Scores from Leapfrog Group, naming it one of the safest hospitals in the Nation. With over 90 physicians on staff, Colquitt Regional represents a tremendous draw for the neighborhood, helping to support Sunset Plaza. Consequently, the tenants at Sunset Plaza do well, as exemplified by Belk who recently renewed their lease in July of 2018 and has surpassed its percentage sales breakpoint numerous times, resulting in bonus percentage rent. Despite the challenges Sears currently faces, this location also recently their term and is locally owned and operated by a well established, highly committed appliance retailer. Sunset Plaza represents an opportunity to purchase a low price point, low dollar per square foot retail center, with strong, established anchor tenants. The low basis and core of solid, long term tenants should support a new owner’s efforts to reposition the asset by leasing the remaining thirty-five thousand square feet of vacancy, as well as taking advantage of the ample parking field to develop an outparcel. The asset’s proximity to the Regional Medical Center makes Sunset Plaza an ideal candidate to attract medical, and medical support tenant concepts, such as the plasma and medical device concepts, national hearing aid tenants, as well as physicians, diagnostic centers, insurance agents, florists, and the like.