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Reduced Price: GA Retail Investment Opportunity   

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Introduction

Anchored by Barnes and Noble, Uptown Square is strategically located across the street from and shares a signalized intersection with Fayette Pavilion, Georgia’s largest open air center at 1.5+ million square feet. It features Super Target, Super Wal-Mart, Publix, Best Buy, Home Depot, Belk and more.

This value-add opportunity has attractive debt and a 34,000 and 5,400 square foot spaces available. Lender to provide 90% financing at a 6% rate with 30 year amortization that matures in 11/12.

Uptown Square enjoys greater exposure and easier access from Highway 85 than many of the surrounding sites. This enhanced visibility and access makes Uptown Square a superior location for prospective tenants.

Proximity to highways I-75, I-85, I-20 and I-285, and convenience to downtown Atlanta enhances the County’s position as fastest growing (9.7% by 2010) and with an $88K average household income. Home to Fayetteville and Peachtree City, Fayette County is notable for its affluence and development restrictions, both of provide insulation for existing anchored shopping centers.

Offering Profile

Reduced Price: $5,500,000

Location

 

1415 Highway 85 North
Fayetteville, GA 30214
Fayette County

Type Community Shopping Center
Land Size: 8.58± Acres
Year Built: 2000
Occupancy: 45.5%
Available Anchor Space: 34,000± Square Feet

Summary of Improvements:

 


 

Space Type

 GLA (SF)

Anchor Spaces:

54,877 SF

In-Line Spaces:

17,400 SF

Total SF GLA:

72,277 SF


Investment Highlights

  • Value-Add Opportunity:
    • 34,000 and 5,400 Square Foot Spaces Available
  • Lender to Provide 90% Financing:
    • 6% Rate, 30 Year Amortization, Matures 11/12
  • Strategically Located Retail Property:
    • Shares Signalized Intersection with Fayette Pavilion
  • Fayette County Boasts the Nation’s Highest Average Incomes:
    • $88K± Per Household
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