Cordele Square — Sale in Cordele, GA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Cordele, GA 31015

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Investment Figures

Cap rate
7.25%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to exclusively offer Cordele Square, a 127,953-square-foot ALDI-anchored shopping center strategically positioned along East 16th Avenue in Cordele, Georgia. The property features a diversified mix of national, regional, medical, service, and restaurant tenants including ALDI, Harbor Freight Tools, Citi Trends, DaVita Dialysis, Rent-A-Center, CareConnect Health, AT&T, The UPS Store, Surcheros, and 7 Brew Coffee. Cordele Square has undergone a meaningful period of leasing and tenant reinvestment, highlighted by multiple new and recently extended long-term leases that have strengthened the property's income profile and extended future tenancy. The center is currently 81 percent occupied, providing investors with in-place cash flow alongside a defined value-add opportunity through the lease-up or repositioning of approximately 24,669 square feet of remaining vacancy. The Property's three-parcel configuration provides additional long-term flexibility for future ownership, while its established location within Cordele's primary retail corridor and convenient access to Interstate 75 support continued tenant demand and long-term value creation. Investment Highlights: • ALDI-ANCHORED CENTER WITH LONG-TERM NATIONAL TENANCY • SIGNIFICANT RECENT LEASING & LONG-TERM COMMITMENT • DEFINED VALUE-ADD LEASE-UP & REPOSITIONING OPPORTUNITY • ESTABLISHED RETAIL CORRIDOR WITH CONVENIENT I-75 ACCESS • ATTRACTIVE BASIS AT APPROXIMATELY $96 PSF

Market Context

This retail in Cordele, GA is listed for sale. It is offered at an approximate 7.2% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Cordele, GA — view the full market.

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