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