DEALS

mullins colony

Deals

Mullins Colony – Evans, GA

THE OPPORTUNITY

  • Brand new leases with over 5 years of term remaining for each tenant
  • NN Leases| Minimal Landlord Responsibilities
  • Strong demographics and growth associated with Cyber Command at Ft Gordon Army Base
  • Significant NOI growth over the next 10 years
  • Corporately Guaranteed lease with Comcast (Moody’s – A3)
  • Multi-unit operator of Firehouse
  • Located within Columbia County’s primary retail shopping center

THE DEAL POINTS

  • Square Feet: 5,500 SF
  • NOI:$177,634
  • Asking Price: $2,843,000
  • Cap Rate: 6.25%
  • Lease Expiration: Comcast – 11/30/26, Firehouse Subs – 10/31/29

THE HIGHLIGHTS

  • Vacancies within the market are nearly non-existent
  • New Construction
  • Multiple points of signalized access just off Washington Rd (over 36,000 cars per day)
  • Nearby anchors include Target, Belk, Lowe’s Academy Sports, Kohl’s, Ross, and more
  • Recently installed Tesla charging stations in parking lot
  • Location offers strong local trade, high traffic and visibility as well as excellent ingress and egress
  • Huffington Post reports Augusta, Georgia, is one of the hottest, cutting edge high tech centers in the country today, growing by leaps and bounds and poised to become a major center for cyber security.
  • Only Target center within the Columbia County market

2 Weeks from Contract to Close!