investment highlights
- EXCELLENT LEASE-UP // Facility has leased up to 82.58 percent since opening in February 2022, averaging 6.35 percent per month. (Based on March 31, 2023 Management Summary Report)
- PRIDE OF OWNERSHIP // Only Class-A multi-story facility in the market. After achieving physical stability in 13 months of operation, it is primed to lead this market in rental rates through increased street/web rates and rental increases on existing tenants.
- EXCELLENT LOCATION // This asset is in the premier market location along the town’s major retail corridor providing over 64,500 passing vehicles per day with 270 feet of frontage on Cumming Highway. Directly next to fast casual restaurant Zaxby’s and directly across from Kroger-anchored retail center along with LA Fitness, McDonalds, Chase Bank, and Kroger Fuel Center.
- GREAT DEMOGRAPHICS // Great demographics in the market with a three-mile population of 53,404, median household income of $128,578, and a 4.33 CC NRSF per capita (below national average).
- NO ONCOMING COMPETITION // No facilities planned or under construction within three miles of facility.
