NNN, 93% Occupied, Walmart Supercenter Shadow Anchored Center with 85% Nationally Named Tenants | New Roof in 2022 with 15 Year Transferrable Warranty |
Highly Attractive Assumable CMBS Debt at 4.88% Interest Rate, Approx. 5 Yrs. of Term Remaining, 30-Yr. Amortization & Yielding Over 10% Year-1 Retur |
Successful Tenancy Consistently Exercising Renewals: 82%+ Leased Space has Been Renewed in Past 18-Months (Including All Three Anchor Tenants) |
7.75% CAP Rate & Upside Available Through Lease-Up of the Last Remaining Vacancy (7%)| Dynamic Mix of Service-Oriented Retail/Medical, Recession Pro |
Growing Community with Average Household Incomes Over $88,000 Within 1-Mile and 15,600+ Vehicles Per Day Directly In Front of Center |
Anchored by Well-Known, Tenured National Retailers/Medical: Fast Pace Urgent Care, Verizon, & DaVita/Sparta Dialysis (50% Medical Tenants) |