patton square
Transcription
patton square
Retail Investment Offering: EXCLUSIVELY PRESENTED BY PATTON SQUARE Woodruff, SC Investment Offering Investment Highlights Neighborhood Center Necessity-Based Anchor: BI-LO Offering GLA Land Area 91,910 +/- SF 8.47 +/- AC Anchored by BI-LO - one of only two grocery-anchored assets in the area, Patton Square provides necessity-based shopping for community consumers and a sustainable grocery-anchored asset for investors. Occupancy Year Built/Renovated 99.00% 1987/1998 National Anchor Component Price Jan 2016 (“As-Is”) NOI Market To Establish $648,905.00 Anchor Tenants • • BI-LO Ace Hardware Patton Square is situated along Woodruff’s main traffic corridor, S Main Street, in the heart of Downtown. S Main Street accommodates 14,100 vehicles as a part of US-221 and provides ease of access to Interstate 26 just to the north of the Property. In addition to solid sales numbers which have trended up 7.8% since the store opening, BI-LO at Patton Square has a long-term lease with almost 13 years remaining, positioning the asset for continued success well into the future. Advance America Jackson Hewitt • Edward Jones • • SRS Real Estate Partners Senior Vice President 678.420.1393 kyle.stonis@srsre.com SC Lic.# - 73438 Woodruff’s Main Traffic Corridor BI-LO’s Long-Term Lease & Solid, Growing Sales National Tenants CONTACT Kyle Stonis, CCIM The Property is highlighted by an 86.4% national anchor base in both BI-LO and Ace Hardware – a solid national anchor-to-shop space ratio. National Neighborhood Retailers The Property is characterized by a synergistic mix of national neighborhood retailers which comprise 90.8% of the overall GLA and provide a range of goods and services from grocery to home improvement to financial services. Pierce Mayson SRS Real Estate Partners Vice President 404.231.4696 pierce.mayson@srsre.com Outparcel Draw A Zaxby’s fast food restaurant was recently built on an outparcel in front of the Shopping Center, adding an additional customer draw component to the Property at most times of the day. SRS Real Estate Partners 3400 Peachtree Road NE, Suite 1100 | Atlanta, GA 30326 404.231.2232 | SRSRE.COM The information contained herein was obtained from sources deemed to be reliable. However, SRS Real Estate Partners makes no guarantees, warranties, or representations as to the completeness or accuracy therof. Published: 09.28.2015 Retail Investment Offering PATTON SQUARE 371 S Main Street | Woodruff, SC 29388 Market Aerial Property Aerial SRS Real Estate Partners 3400 Peachtree Road NE, Suite 1100 | Atlanta, GA 30326 404.231.2232 | SRSRE.COM The information contained herein was obtained from sources deemed to be reliable. However, SRS Real Estate Partners makes no guarantees, warranties, or representations as to the completeness or accuracy therof. Published: 09.28.2015
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