Tuesday, August 01, 2006

TIC Investment Opportunity: Battlefield Station - 2535-2645 Battlefield Parkway, Fort Oglethorpe, GA 30742

Min. Purchase: $175,000.00
Max Purchase: $425,000.00
Loan-to-Value: 53.28%

Battlefield Station

Property Information:

  • Property Name: Battlefield Station
  • Rentable SqFt: ± 67,632.00
  • Purchase Price: $12,017,000.00
  • Price per SqFt: $177.68 /sqft
  • Equity: $5,614,500.00
  • Loan Amount: $6,402,500.00
  • Loan-to-Value: 53.28%
  • Percent Occupied: 100.00%
  • Type: Retail center

Property Description:
Battlefield Station is a Class B retail center in Fort Oglethorpe, Georgia. The Property is well positioned at a stop light on Battlefield Parkway (Highway 2), is conveniently located with respect to employment centers, major arterial thoroughfares, and the retail corridor for Fort Oglethorpe. A Super Wal-Mart, Home Depot, Lowe’s, K-Mart, Bi-Lo, and recently announced Aldi’s, are all within a mile of this Property.

Top Tenants by Total Rent:
Battlefield Station is currently 100% occupied with 17 tenants. The significant leaseholders include Goody’s, CATO Fashions, Subway, SuperCuts, and Goodyear.

Please contact me for a full marketing brochure and further information regarding this investment.