Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 2018
Building Area

Property Description

Jones Lang LaSalle (JLL) is pleased to exclusively present Crane Creek - a grocery anchored Investment Opportunity located in the dominant retail corridor in Augusta, GA. Crane Creek provides investors with the rare opportunity to acquire a newly constructed asset with immediate lease up potential.


The shopping center boasts a national, internet-proof tenant line up with over 9 years of weighted average term remaining.


Investment Highlights

  • Anchored by Sprouts - one of 3 specialty grocers in a 70 mile radius
  • Located on the highly traveled intersection of I-20 (81,000 VPD) and I-520 (93,600 VPD) - the most dominant intersection of Augusta
  • 96% occupied by a strong national line up of internet-proof tenants
  • Secure income stream with over 9 years of weighted average term remaining
  • Newly constructed in 2018 - limiting any immediate capital needs during the hold period


Last Updated Date: 21 Apr 2021
Jim Hamilton
Jim Hamilton
Senior Managing Director, Capital Markets
License details
NC-LC337: AL-000097341: SC-75571: TN-320889 GA-270038
Brad Buchanan
Brad Buchanan
Senior Director, Capital Markets
License details
AL-129056 GA-351151 SC-79504 TN-356874

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Last Updated Date: 21 Apr 2021

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