- The property is recently built, delivered in 2022
- Both tenants signed a brand new 10-year lease, with 2 (5-year) options
- Image Studios has 10% rent increase every 5 years
- WNB Factory has RARE 3% annual increases throughout the initial term and option periods
- Steadily grow NOI and hedge against inflation
- Both tenants operate under NNN leases, limiting expense leakage for a future investor
Investment Offering
Dawsonville, GA - Shops at Dawson Marketplace
432 Marketplace Parkway | Dawsonville, GA 30534
$3,633,000
Price6%
Cap Rate$218,000
NOI2022
Year Built7,500
± SF Offering GLA0.5
± AC Land AreaDescription
Location
- The asset is a freestanding pad right next to a Kroger Marketplace
- Kroger Marketplace at the subject shopping center ranks among the top 5%among nationwide groceries in terms of annual visits, attracting considerable consumers to the site
- The subject property sits close to North Georgia Premium Outlets, a 540,000 SF shopping destination with over 140 stores
- Nearby national/credit tenants include Burlington, HomeGoods, Publix, PetSmart, Walmart Supercenter, Marshalls, Hobby Lobby, Ross Dress For Less, and more
- Strong tenant synergy increases consumer draw to the trade area and promotes crossover retail exposure for the site