The Palomar Team facilitated the sale of Sylvania Station, a 36,000sf Single Tenant Bi-Lo in Sylvania, GA. The asset is adjacent to shadow tenants including Roses, Goody’s, and Advanced Auto Parts. Sylvania Station is home to the only national grocer in the market.

 

PROPERTY HIGHLIGHTS:

• Built in 2002
• 36,000sf single tenant Bi-Lo
• Sylvania, GA
• Attractive health ratio just over 3%
• Strong tenant sales
• 13 years of operating history at this location
• Shadow-tenants include Goody’s, Roses, Advanced Auto Parts, and others
• Attractive NNN lease structure