Woodstock, GA - Towne Lake Multi-Tenant

Description:

• 100% occupied multi-tenant building fully leased to four tenants
• Diverse mix of tenants, providing a stable diversified income stream
• National tenants include: Jimmy Johns, HotWorx, Fyzical, and Wellstar
• All tenants are on long term leases between six years and ten years
• Jimmy Johns and HotWorx are on 10 year leases
• Fyzical is on a 75 month lease
• Wellstar Walk-In Urgent care, occupies the majority of the building (36.7%) and is on a 96 month lease
• All tenants have scheduled rental increases
• All tenants have 2 (5-Year) options
• The building has been recently renovated
• All tenants are on NNN leases with minimal landlord responsibilities

• The site is located on the hard corner intersection of Towne Lake Parkway
(13,100 vehicles per day) and Rose Creek Drive
• The property benefits from being directly across the street from the Rose Creek Shopping Center, a 70,000 SF multi-tenant center anchored by Publix
• The subject is adjacent to Towne Lake Village Center, a 38,000 neighborhood center with a mix of local and regional tenants
• Towne Lake Parkway is a primary retail thoroughfare through the city of Woodstock
• The property benefits from extensive frontage and visibility along Towne Lake Parkway and Rose Creek Drive