Investment Highlights

100% LEASED TWO-TENANT RETAIL ASSET WITH GREAT REAL ESTATE FUNDAMENTALS
» Long-term net leases with scheduled rental increases, providing a hedge against inflation
» Recent lease extension for Sprint (recently merged with T-Mobile) – Sprint has been at this location since 1998 and extended tenancy four times, demonstrating their commitment to the site
» New 10-year lease for Peachtree Immediate Care
» Multi-tenant center allows for investment diversification
» Minimal landlord obligations, ideal for an out-of-area investor
» Complimentary mix of “Amazon-proof” retailers

HIGH-TRAFFIC INFILL LOCATION IN DENSELY POPULATED RETAIL CORRIDOR
» 21,220 AADT directly in front of the property along Mount Zion Road
» 176,682 residents within a five-mile radius
» Nearby access to Interstate 75 (128,000 AADT) and Mount Zion Boulevard (36,690 AADT)
» Within two miles of 10 hotels, including Hampton Inn Atlanta-Southlake, Country Inn & Suites by Radisson Atlanta, and Best Western Southlake Inn
» Within five miles of eight major shopping centers (3.5 million SF of retail space, 332 stores), featuring national tenants including Best Buy, Ross, The Home Depot, Chipotle, AMC Theaters, Chick-fil-A, and many others

NEAR LARGE SCHOOLS, EMPLOYERS, AND COMMUNITY HUBS
» Within five miles of 16 schools with a combined enrollment of 14,835 students
» Outparcel to Publix-anchored shopping center
» 3.5 miles from the largest employer in Morrow, Clayton State University (7,038 students, 1,192 employees)
» Five miles from Southern Regional Medical Center (331 beds, 1,100 employees, $718 million in total patient revenue)
» Gateway to Atlanta, the ninth largest metropolitan area in the U.S.

Property Description

SOLD

The property is strategically located on Mt. Zion Road, with excellent visibility and access to 21,220 vehicles per day directly in front of the location. Mt. Zion Road serves as one of the city’s primary retail and transportation corridors. The location is within five miles of eight major shopping centers with a combined 3.5 million SF of retail space and 332 stores. The site resides in a densely populated and growing area, with 176,682 residents living within a five-mile radius of the location and a 53 percent population increase in Morrow since 2000. The property also has nearby access to Interstate 75, which experiences a high traffic count of 128,000 vehicles per day. Visibility and traffic are increased by the site’s location within two miles of 10 hotels, including Hampton Inn Atlanta-Southlake, Country Inn & Suites by Radisson Atlanta, and Best Western Southlake Inn.

The property benefits from the site’s proximity near large schools, employers, and community hubs. The location is outparcel to a Publix-anchored shopping center and surrounded by national retailers such as McDonald’s, Chipotle, The Home Depot, Wendy’s, Chick-fil-A, Papa John’s Pizza, Planet Fitness, Subway, PetSmart, and many more. The site is within five miles of 16 schools with a combined enrollment of 14,835 students. The city of Morrow is a highly trafficked gateway to Atlanta, the ninth largest metropolitan area in the U.S. The property is 3.5 miles from the largest employer in Morrow, Clayton State University (7,038 students, 1,192 employees) and five miles from Southern Regional Medical Center, which features 331 beds, 1,100 employees, and has generated $718 million in total patient revenue.