Shopping Strip

Aspen Dental | Mattress Firm | Buffalo Wild Wings

15 Parkway Drive, Fort Oglethorpe, GA 30741

Listing Price: $5,730,000

Cap Rate
7.40%
Gross SF
12,200
Rentable SF
12,200
Price/Gross SF
$469.67
Lot Size
1.79 acres
Year Built
2015

Investment Overview

CLASS-A 3 TENANT S TRIP CENTER • The property is a 12 ,200 SF Class-A newer construction strip center leased to Mattress Firm, Aspen Dental, & Buffalo Wild Wings • All tenants are in there initial 10-year lease term and are corporately guaranteed • It is located as an Outparcel to a Walmart, Hobby Lobby, Ross, Michael’s, and Petco anchored center STRATEGIC LOCATION • The center boasts strong market fundamentals in the heart of an expanding Retail corridor • 1.3M SF of Retail in 1 Mile R adius | Surrounding Retailers Include: Walmart, Home Depot, Lowe’s, Hobby Lobby, Publix (Built in 2018), Ross, Aldi, Dollar T ree, & many more • High traffic interstate location | I-75 (83,000 VPD) & GA-2 Battlefield Parkway (31,500 VPD) • Signalized hard corner | Excellent visibility STRONG NATIONAL TENANT LINEUP • All three national tenants are in the initial term of their 10-year leases with 10% bumps every 5 years and are each corporately Guaranteed • This Mattress Firm ranks among the top 5% in total visits within the chain (Placer.ai) • Buffalo Wild Wings ranks among the top 23% in total visits within the chain (Placer.ai) FORT OGLETHORPE | CHA TTANOOGA MSA • Fort Oglethorpe, GA is located just 9 miles south of Chat tanooga, TN and 118 miles northwest of Atlanta • Fort Oglethorpe also serves as the entrance to the largest American Civil War Park, Chickamauga National Military Park • Chattanooga is home to a diversified and growing mix of manufacturing and service industries with a population of o ver 180,000 • The University of Tennessee at Chattanooga is the second largest campus of the University of Tennessee system, with a population of o ver 10,000. Chattanooga State Community College is a two-year community college with a total undergraduate enrollment of roughly 11,000 students. • Chattanooga has been voted as one of the top places to live and to retire

Investment Highlights

  • Class - A Construction
  • Chattanooga MSA
  • Corporate Guaranteed Leases
  • Outparcel To Walmart & Hobby Lobby Anchored Center
  • Heart Of Main Retail Cooridor 1.35M SF Of Retail In 1-Mile Radius

Exclusively Listed By

  • Don McMinn

    Senior Managing Director Investments

    Email Don

    License(s): GA: 292036

    Atlanta

  • Zachary Taylor

    First Vice President Investments

    Email Zachary

    License(s): GA: 266327

    Atlanta

Shopping Strip

Aspen Dental | Mattress Firm | Buffalo Wild Wings

Listing Price: $5,730,000

Cap Rate
7.40%
Gross SF
12,200
Rentable SF
12,200
Price/Gross SF
$469.67
Lot Size
1.79 acres
Year Built
2015

Investment Highlights

  • Class - A Construction
  • Chattanooga MSA
  • Corporate Guaranteed Leases
  • Outparcel To Walmart & Hobby Lobby Anchored Center
  • Heart Of Main Retail Cooridor 1.35M SF Of Retail In 1-Mile Radius

Investment Overview

CLASS-A 3 TENANT S TRIP CENTER • The property is a 12 ,200 SF Class-A newer construction strip center leased to Mattress Firm, Aspen Dental, & Buffalo Wild Wings • All tenants are in there initial 10-year lease term and are corporately guaranteed • It is located as an Outparcel to a Walmart, Hobby Lobby, Ross, Michael’s, and Petco anchored center STRATEGIC LOCATION • The center boasts strong market fundamentals in the heart of an expanding Retail corridor • 1.3M SF of Retail in 1 Mile R adius | Surrounding Retailers Include: Walmart, Home Depot, Lowe’s, Hobby Lobby, Publix (Built in 2018), Ross, Aldi, Dollar T ree, & many more • High traffic interstate location | I-75 (83,000 VPD) & GA-2 Battlefield Parkway (31,500 VPD) • Signalized hard corner | Excellent visibility STRONG NATIONAL TENANT LINEUP • All three national tenants are in the initial term of their 10-year leases with 10% bumps every 5 years and are each corporately Guaranteed • This Mattress Firm ranks among the top 5% in total visits within the chain (Placer.ai) • Buffalo Wild Wings ranks among the top 23% in total visits within the chain (Placer.ai) FORT OGLETHORPE | CHA TTANOOGA MSA • Fort Oglethorpe, GA is located just 9 miles south of Chat tanooga, TN and 118 miles northwest of Atlanta • Fort Oglethorpe also serves as the entrance to the largest American Civil War Park, Chickamauga National Military Park • Chattanooga is home to a diversified and growing mix of manufacturing and service industries with a population of o ver 180,000 • The University of Tennessee at Chattanooga is the second largest campus of the University of Tennessee system, with a population of o ver 10,000. Chattanooga State Community College is a two-year community college with a total undergraduate enrollment of roughly 11,000 students. • Chattanooga has been voted as one of the top places to live and to retire

Exclusively Listed By

  • Don McMinn

    Senior Managing Director Investments

    Email Don

    License(s): GA: 292036

    Atlanta

  • Zachary Taylor

    First Vice President Investments

    Email Zachary

    License(s): GA: 266327

    Atlanta

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