Cordele Square is a 127,953-square-foot ALDI-anchored shopping center situated on approximately 9.71 acres along East 16th Avenue in Cordele, Georgia. The property features a diversified tenant roster spanning grocery, discount retail, medical, fitness, service, restaurant, and daily-needs uses, with ALDI joined by Harbor Freight Tools, Citi Trends, DaVita Dialysis, Rent-A-Center, CareConnect Health, AT&T, The UPS Store, Surcheros, Lux Gym, and 7 Brew Coffee.
Recent leasing activity has significantly strengthened the center’s tenancy and long-term positioning. Multiple tenants have executed new or extended leases during 2025 and 2026, including ALDI, Harbor Freight Tools, CareConnect Health, Rent-A-Center, The UPS Store, Lux Gym, Cloud Vapor, Roxy Nails, and 7 Brew Coffee. This recent commitment provides a durable base of contractual income while reducing near-term rollover across a meaningful portion of the Property.
Currently 81 percent occupied, Cordele Square also offers a defined value-add component through approximately 24,669 square feet of remaining vacancy. The available space consists of a 13,742-square-foot traditional retail suite and a 10,927-square-foot former theater, providing flexibility to pursue conventional lease-up alongside a larger-format repositioning or alternative-use strategy. The property’s three-parcel configuration further enhances future ownership flexibility and creates multiple potential avenues for long-term value creation.
Cordele Square is strategically positioned along East 16th Avenue, Cordele’s primary retail corridor and the market’s principal concentration of national retailers, restaurants, services, and daily-needs destinations. The property benefits from prominent frontage and visibility along East 16th Avenue, convenient access from the surrounding roadway network, and proximity to Walmart, Hobby Lobby, Starbucks, Ollie’s, Dollar Tree, The Home Depot, and numerous other national brands. The concentration of established retail uses reinforces East 16th Avenue as a primary shopping destination for Cordele and the surrounding trade area.
ALDI-ANCHORED CENTER WITH LONG-TERM NATIONAL TENANCY
Anchored by ALDI and complemented by Harbor Freight Tools, Citi Trends, DaVita Dialysis, Rent-A-Center, CareConnect Health, AT&T, The UPS Store, and 7 Brew Coffee, providing a diversified mix of national, regional, medical, service, and restaurant uses.
SIGNIFICANT RECENT LEASING & LONG-TERM COMMITMENT
Recent new and extended leases with ALDI, Harbor Freight Tools, CareConnect Health, Rent-A-Center, The UPS Store, Lux Gym, 7 Brew Coffee, and others have meaningfully strengthened the center’s tenancy and long-term income profile.
DEFINED VALUE-ADD LEASE-UP & REPOSITIONING OPPORTUNITY
Currently 81 percent occupied with approximately 24,669 square feet available, including a 13,742-square-foot traditional retail suite and 10,927-square-foot former theater, providing multiple avenues to increase occupancy and create value through lease-up or repositioning.
SIGNIFICANT RECENT PROPERTY IMPROVEMENTS
Recent capital improvements include a new TPO roof over ALDI, full exterior repainting, parking lot resealing and restriping in 2025, and LED parking lot lighting, reflecting meaningful recent investment in the Property.
ESTABLISHED RETAIL CORRIDOR WITH CONVENIENT I-75 ACCESS
Positioned along East 16th Avenue within Cordele’s primary retail concentration near Walmart, Hobby Lobby, The Home Depot, Starbucks, Ollie’s, Dollar Tree, and numerous other national brands, with convenient access to Interstate 75 and U.S. Highway 280.
THREE-PARCEL CONFIGURATION PROVIDES FLEXIBILITY
The offering comprises three parcels, providing future ownership with added flexibility for long-term asset management, financing, potential parcel-level disposition, or other strategic alternatives.
ATTRACTIVE BASIS AT APPROXIMATELY $96 PSF
Cordele Square is offered at approximately $96 per square foot, providing an attractive basis for a 127,953-square-foot ALDI-anchored center with significant recent leasing activity and additional upside through stabilization.
