Cap Rate
6.50%
Year Built
2024
Leasable Area
5,000 SF
Term Remaining
±20 Yrs (Original Lease Term)
NOI
$336,618
Property Type
Retail
INVESTMENT HIGHLIGHTS
- Located at the entrance of The Village at Crosswinds
- A 22-acre retail development anchored by Renfroe’s Market grocery store & supplemented with ±25,000 SF retail center
- Priority target area of Phenix City anchored by large military population from Fort Benning
- Direct frontage along Hwy 431 with immediate access to a newly installed 4-way traffic signal
- Directly across from Chattahoochee Valley Community College, Troy University – Phenix City Campus & The District at Phenix City
- Multiple points of ingress and egress
- Latest Circle K prototype building with desirable drive-thru endcap
- Limited competition in immediate area
- Large parcel size of ±3.28 acres
- Brand new construction recently completed in Q4 of 2023
- Endcap drive-thru suite leased to Subway to help drive more traffic to site
- Gas Express to sign Master Lease to ensure lease is absolute NNN
Broker of Record
- Kyle Matthews
- License No. 000110253 - 0 (AL)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 1600 West End,
Ste. 1500 Nashville, TN 37203