Shopping Strip
Aspen Dental - Mattress Firm
215 Cherokee Pl, Cartersville, GA 30121
Listing Price: $4,086,000
Investment Overview
This investment offering consists of a two tenant, class A 7,760 square foot building with corporate guarantee leases with Mattress Firm and Aspen Dental. The building was constructed as a build to suit for both tenants in 2014. In 2023 Mattress Firm extended their lease until 2029 and Aspen Dental until 2034, showing strong commitment to the site. Both tenants have 10% rent increases every 5 years - with the next increase occurring in 2029
The property is well positioned as a highly visible corner pad at the entrance to Main Street Shopping Center - a 225,000 square foot power center featuring Super Target, Publix, Belk, TJ Maxx, Hibbett Sports and others. As a whole, Main Street Shopping Center is well positioned next to major traffic arteries - US Highway 41 (30k ADT), East Main Street (20k ADT) and just west of Interstate 75.
Aspen Dental - Mattress Firm
Investment Highlights
- Class A - Two Tenant 7,760 Square Foot Retail Building Constructed in 2014
- Seasoned Location - Recent Lease Extensions for Both Tenants in 2023 | 10% Rent Increases Every 5 Years
- Corporate Lease Guarantees - Mattress Firm and Aspen Dental Considered Best in Class Retailers in U.S
- Highly Visible Corner Entrance to Main Street Shopping Center - 225k SF Power Center w/ Publix, Super Target, Etc
- Positioned at E Main Street & US Hwy 41 - Dominant Retail Trade Area of Cartersville, GA (Atlanta MSA)
- Desirable Atlanta MSA Suburb - 30 Miles North Along I-75 Corridor | High Growth - Strong Demographics
Exclusively Listed By
Financing By
Listing Price: $4,086,000
Investment Highlights
- Class A - Two Tenant 7,760 Square Foot Retail Building Constructed in 2014
- Seasoned Location - Recent Lease Extensions for Both Tenants in 2023 | 10% Rent Increases Every 5 Years
- Corporate Lease Guarantees - Mattress Firm and Aspen Dental Considered Best in Class Retailers in U.S
- Highly Visible Corner Entrance to Main Street Shopping Center - 225k SF Power Center w/ Publix, Super Target, Etc
- Positioned at E Main Street & US Hwy 41 - Dominant Retail Trade Area of Cartersville, GA (Atlanta MSA)
- Desirable Atlanta MSA Suburb - 30 Miles North Along I-75 Corridor | High Growth - Strong Demographics
Investment Overview
This investment offering consists of a two tenant, class A 7,760 square foot building with corporate guarantee leases with Mattress Firm and Aspen Dental. The building was constructed as a build to suit for both tenants in 2014. In 2023 Mattress Firm extended their lease until 2029 and Aspen Dental until 2034, showing strong commitment to the site. Both tenants have 10% rent increases every 5 years - with the next increase occurring in 2029 The property is well positioned as a highly visible corner pad at the entrance to Main Street Shopping Center - a 225,000 square foot power center featuring Super Target, Publix, Belk, TJ Maxx, Hibbett Sports and others. As a whole, Main Street Shopping Center is well positioned next to major traffic arteries - US Highway 41 (30k ADT), East Main Street (20k ADT) and just west of Interstate 75.
Exclusively Listed By
Financing By
