Shops at Battlefield Parkway
$5,750,000
2675 Battlefield Parkway, Fort Oglethorpe, GA 30742
6.5
Cap Rate
13,320 sqft
Building Size
Details:
Description:
The Shops at Battlefield Parkway is a modern, 100% occupied, two-building retail center totaling 13,320 square feet, situated on 2.19 acres. The property is a compelling investment opportunity, offered at a sale price of $5,750,000, which translates to an attractive 6.5% cap rate and a strong Net Operating Income (NOI) of $376,367.
The center features a great mix of six service and food-focused tenants—including McAllisters, The JOINT Chiropractic, and T-Mobile—all secured under long-term Triple Net (NNN) leases with renewal options. Both Building 1 (7,680 SF, built 2020) and Building 2 (6,090 SF, built 2021) are equipped with dedicated drive-thru lanes, enhancing tenant appeal and customer convenience.
Strategically located on high-traffic Battlefield Parkway (31,500 VPD), the center benefits from excellent visibility and is positioned directly across from the most visited Walmart in Georgia. It is the focal point of a dominant retail corridor surrounded by major national credit tenants and is supported by a dense 5-mile trade area of 84,000 residents. The location also offers proximity to Downtown Chattanooga, TN (less than 10 miles away).
The Shops at Battlefield Parkway is a strategically located retail center on Battlefield Parkway, which boasts a high traffic volume of 31,500 vehicles per day (VPD). The property offers excellent visibility and accessibility, with great street frontage and multiple ingress/egress points. Its prime position is directly across from the most visited Walmart in Georgia, serving as a powerful traffic generator. It is situated within a dominant retail corridor surrounded by major national credit tenants, including Home Depot, Marshalls, and Publix. The center is located less than 10 miles from Downtown Chattanooga, TN, and is supported by a dense 5-mile trade area comprising 84,000 residents and 27,500 employees.
Shops at Battlefield Parkway is a 100% occupied, two-building, 13,320 square foot retail property situated on 2.19 acres. It features a great mix of six tenants on Triple Net (NNN) leases, generating a Net Operating Income (NOI) of $376,367. The property is offered for sale at $5,750,000, representing a 6.5% cap rate.
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Location
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