WINN-DIXIE Available For Sale

Highlights:

• Strong Rent to Sales Ratio – This store has a rent to sales ratio of 2.22%, incentivising the grocer to stay at the site long-term.
• Completely Passive Investment – The lease is absolute NNN (no landlord responsibilities).
• Attractive Below Market Rent – Winn Dixie only pays $7.00 per square foot in rent.
• Resilience to Economic Cycles – Grocery retail is considered recession resistant, as consumers prioritize spending on essential goods even during economic downturns. This resilience increases the property’s security of investment and mitigates downside risks for an investor.
• Strong Demographics – Over 96,000 people live within a 5-mile radius of this grocery store, providing a great market of shoppers.
• Superb Location – Property is located on a hard, signalized corner with access to the store from highly trafficked Schillinger Road and Zeigler Boulevard.
• Aldi Acquisition – Aldi recently acquired Southeastern Grocers (Winn Dixie), providing a stronger grocer company operating the site.
• Local Market – This Winn Dixie location is strategically located to serve the northeastern Mobile market as the primary grocery store.

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