Alton Corners

Investment Highlights

  • Petco Anchored Retail Center
  • E-Commerce Resistant Tenant Mix
  • Minimal Near Term Lease Rollover
  • Schedule Rent Increases
  • Value Add Opportunity
  • Potential Lease Up of 11% Vacancy
  • Below Market Rents
  • NNN Leases
  • Class “A” Construction
  • Located on Main Retail Corridor
  • Adjacent to Alton Square Mall
  • Good Visibility from Homer Adams Pkwy
  • Strong Traffic Counts:25,400 Cars/Day
  • 112,000+ People within 5 Miles
  • Average HH Income: $75,454

Offering Summary

  • Price: $8,750,000
  • CAP Rate: 8.01%
  • GLA: 50,063 Square Feet
  • Pice/SF: $174.78
  • Site Area: 7.09 Acres

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