THE OPPORTUNITY

• 65% of the GLA is made up of National Tenants
• 71% of the Rental Income comes from National Tenants
• At Home and Dollar Tree comprise 52% of GLA
• At Home has term until 2028
• At Home is in the midst of an aggressive nationwide expansion program
• Potential outparcel development in the existing parking lot
  • ​Currently 1.55ac parcel owned across Augusta West Pkwy that fronts I-520
• 66% of GLA made up of e-commerce resistant tenants
• 26% of GLA has been located at the center longer than 10 years
• At Home’s only location in the Augusta MSA
• 22% vacancy allows for significant income growth through lease up
• 93,350sf of the roof is under warranty until 2038

THE DEAL POINTS

• Marketed Asking Price: $13,889,000
• Marketed Cap Rate: 9.00%
• NOI: $1,250,000
• Square Footage: 207,823 SF
• Occupancy: 78%

THE HIGHLIGHTS

• High occupancy levels in the immediate area
  • junior anchor vacancy
  • ​<5% small shop vacancies
• Projected Population growth of over 2.5% over the next 5 years within 5 miles\
• Strong traffic counts with over 138,000 VPD
• Augusta MSA has grown over 8% since 2010
• Located between Augusta Mall and Augusta Exchange, the two largest retail developments in the Augusta MSA
• Located along I-520, one of the most heavily traveled thoroughfares in the market