Atlanta, GA - Howell Mill Shops

Description:

Feet Retreat Spa Massage
• Brand new 10-year lease with 1 (5-year) options to extend
• The lease is signed by Massage Romantic, Inc.
• Tenant occupies 66% of the GLA, making them the anchoring tenant
• The lease features 10% rental increases every five years and at the beginning of each option, growing NOI and hedging against inflation

Teriyaki Madness
• Brand new 10-year lease with 2 (5-year) options to extend
• The lease is signed by Georgia Madness, Inc., the Georgia entity of Teriyaki Madness which has more than 150 locations nationwide
• Annual rental increases, growing NOI and hedging against inflation

• Subject property is strategically fronting Howell Mill Road, a dense retail and commuter corridor serving Atlanta and the immediate trade area
• Directly adjacent to Howell Mill Village, a 92,000+ SF Publix Anchored shopping center
• Positioned near District at Howell Mill, a 650,000+ SF mixed-use development that includes Walmart, HomeGoods, TJ Maxx, Ulta, and more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for this site