Shops at Turner Hill

PROPERTY OVERVIEW

• Well-located retail center 93% occupied with established shop tenants at attractive rents. Tenants include: Panera Bread, Nationwide Insurance, Edward Jones, and Edible Arrangements.
• Upside Opportunity:  through rent growth and outparcel development opportunity.
• Great demographics and growth in the property's 10-mile radius trade area: 405,791± people with a $66,058 average household income in a strong growth market at 9% population growth and 9% projected 5-year household growth rate.
• Excellent regional location near 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.
• Shops at Turner Hill benefits from The Mall at Stonecrest (1.3 million square feet opened in 2001) anchors include:  Belk, Dillard, JC Penney.  Peripheral mall development includes many major junior department stores and national retailers, making this the dominant submarket serving I-20 corridor on the eastside of Atlanta
• High traffic counts with approximately 19,900± vehicles per day on Turner Hill Road south of I-20.
• Excellent visibility and signage, functional site plan with easy access and generous parking.
• Eligible for new financing  at attractive rates and terms, current credit market conditions are very favorable for quality properties.