Property Listing No Longer Available for Sale

206 Manhattan St, Americus, GA

Others for Sale - $1,900,000

Property Info

  206 Manhattan St
  Americus GA 31709
UpdatedMarch 2nd, 2012

Property Description

44,365 sq. Feet retail space
sav-a-lot super market signed a 7-year lease in 2010
price: $1,900,000; $43 per square foot
existing $1,172,913m loan to be assumed at 5.85% fixed rate
offered at 8.52% cap rate on income at 86.26% occupancy
easy ingress and egress from 3 major streets
tenants in place: sav-a-lot, autozone, family dollar, shoe show, tobacco outlet, nail salon
4.12 acre site; parking lot newly striped and resealed
$727,087 equity requirement
site bounded by manhattan, lamar and forsyth streets
located on us hwy.

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