CLICK HERE to download the CONFIDENTIALITY AGREEMENT
CLICK HERE to download a PDF flyer

PROPERTY SPECIFICATIONS:
Location: 900 Hogansville Road
LaGrange, GA 30241
Type: Shopping Center
Building Size: 76,594± square feet
Year Built: 1989
Site Size: 8.11± acres
Cash-on-Cash: 27% in Year 1
Stabilized NOI: $383,596
Price: $4,900,000 ($64 / PSF)
Reduced Price: $3,900,000 ($51 / PSF)

 

 
INVESTMENT HIGHLIGHTS:
Seller Financing
- Seller will provide attractive 5-year purchase money mortgage
Master Lease
- Seller will master lease vacant shops to stabilized proforma 95% occupancy for 12 months
Grocery Anchor
- Food Depot w/ 27 store locations in GA is an attractive draw at conservative $2.75/sf NNN rent

Upside
 -Entrepreneurial profits through asset appreciation and rent growth
Discount to Replacement Cost
- The asset can be purchased at a significant discount to replacement cost
   
 

For more information,
please contact:

Joseph R. Montgomery, III
Colliers Spectrum Cauble
direct: 404.574.1029
joe.montgomery@colliers.com

Tony D'Ambrosio
Colliers Spectrum Cauble
direct: 404.574.1048
tony.dambrosio@colliers.com