Turner Hill Marketplace

PROPERTY OVERVIEW

• Excellent regional location at main parkway entrance to The Mall at Stonecrest (1.3± million square feet of retail plus an equal amount of peripheral development), the largest concentration of retail outside Atlanta's eastern perimeter and the dominant retail destination on the I-20 Conyers/Covington/Augusta corridor.
• Great demographics and growth in the property's 10-mile radius trade area: 415,074± people with a $65,561 average household income, in a strong growth market at 9% population growth and 9% projected 5-year household growth rate.
• Turner Hill Marketplace benefits from adjacent Sam's Club Warehouse and new Walmart Supercenter opened in late 2013.
• Well established community retail center 100% occupied with strong national retail anchors comprising 96% of rent roll GLA and 90% of revenues at attractive rents, Bed Bath & Beyond as well as Toys "R" Us are both below market rent.
• Anchored by national chain tenants:
  • Best Buy (S&P rated; NYSE symbol BBY)
  • Bed Bath & Beyond (S&P rated BBB+; NASDAQ symbol BBBY)
  • Toys "R" Us (S&P rated B)
• Excellent visibility and signage, functional site plan with easy access and generous parking at signalized intersection on Turner Hill Road, first stop light off I-20 exit ramp.
• High traffic counts with approximately 19,900± vehicles per day on Turner Hill Road south of I-20.
• Eligible for new financing at attractive rates and terms, current credit market conditions are very favorable for quality properties.