Skip to main content

Shopping Community

The Shopper's Center

709 Elbert St, Elberton, GA 30635

Listing Price: $2,775,000

Cap Rate
7.44%
Rentable SF
44,266
Lot Size
4.51 acres
Year Built
1992

Investment Overview

100% Occupied 44,266 SF Retail Plaza Anchored by National Tenants: Tractor Supply and Bealls Outlet in Elberton, GA.

Investment Highlights

  • 100% Occupied 44,266 SF Retail Plaza Anchored by National Tenants – Tractor Supply and Bealls Outlet
  • Tractor Supply is a Publicly Traded Company (NASDAQ:TSCO) | S&P Rated BBB With a "Stable" Outlook
  • TSC way Below Market Rent ($2.35PSF) will Allow Significant Future Reset, With Periodic 10% Increases Until Such Time
  • TSC Recently Executed Their First Five-Year Option Showing Commitment to This Location | World Finance & Cricket Wireless Also Recently Renewed Leases
  • 90% of GLA Leased to National Anchor Tenants on Long-Term Leases: Tractor Supply (7 Years Remaining) & Bealls Outlet (9 Years Remaining)
  • Bite-Size Deal With High Credit Profile & Stable, Long-Term Tenants – Most Tenants in Plaza at Least Six Years
  • Direct Frontage and Monument Signage on Elbert St (20,800 AADT)
  • Very well Positioned Property Within the Trade Area

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Shopping Community

The Shopper's Center

Listing Price: $2,775,000

Cap Rate
7.44%
Rentable SF
44,266
Lot Size
4.51 acres
Year Built
1992

Investment Highlights

  • 100% Occupied 44,266 SF Retail Plaza Anchored by National Tenants – Tractor Supply and Bealls Outlet
  • Tractor Supply is a Publicly Traded Company (NASDAQ:TSCO) | S&P Rated BBB With a "Stable" Outlook
  • TSC way Below Market Rent ($2.35PSF) will Allow Significant Future Reset, With Periodic 10% Increases Until Such Time
  • TSC Recently Executed Their First Five-Year Option Showing Commitment to This Location | World Finance & Cricket Wireless Also Recently Renewed Leases
  • 90% of GLA Leased to National Anchor Tenants on Long-Term Leases: Tractor Supply (7 Years Remaining) & Bealls Outlet (9 Years Remaining)
  • Bite-Size Deal With High Credit Profile & Stable, Long-Term Tenants – Most Tenants in Plaza at Least Six Years
  • Direct Frontage and Monument Signage on Elbert St (20,800 AADT)
  • Very well Positioned Property Within the Trade Area

Investment Overview

100% Occupied 44,266 SF Retail Plaza Anchored by National Tenants: Tractor Supply and Bealls Outlet in Elberton, GA.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

MM Texture Background
MM Textured Background Lower