Pike Road, AL - Eagle Gas

Description:

• The tenant will enter at close of escrow into a brand new 15-year lease with 3 (5-year) options, demonstrating their commitment to the site
• The lease features 2% annual rental increases throughout the initial term and options thereafter, growing NOI and hedging against inflation

• Ideally positioned off I-85 (49,600) VPD, allowing for on/off ramp access to the site and surrounding trade area
• Near Hwy 80 which averages 8,300 VPD
• The site is near multiple national/credit tenants including Publix, Ellianos Coffee, Mavis, Dollar General, Circle K, Autozone, McDonald’s and many more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
• The asset is in close proximity to Stone Martin Builders at Abbington, Loweder New Homes - Woodland Creek, and Woodland Creek

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Listing ID: a28TP000002SOnpYAG