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Armuchee Village Shopping Center

3365 Martha Berry Hwy NW, Rome, GA 30165

Overview

Price:$6,395,000
Building Size:120,754 SF
Property Type:Retail
Total Lot Size:6.7 Acres
Year Built:1979

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Highlights

  • 120,754 Square Foot Grocery Anchored Shopping Center
  • Food Lion and CVS Have Occupied for Nearly 30 Years | Low Rents & Vacancy Upside
  • Future Outlot Opportunities | Mix of Credit Term & MTM Mom-and-Pops
  • Majority NNN Leases | 3 Tenants Have Scheduled Rent Bumps
  • Food Lion #9 in GA, Top 26% in Country (Placer.ai) | Excellent Sales
  • 80% of Roof Replaced in 2016 (20yr Warranty) | Priced Well Below Replacement Cost
  • County Seat Center | Signalized Intersection Ingress

Description

For any inquiries please email TeamKinnardFalk@lee-associates.com

Location

Rome, GA

Contact Broker

Chris Kinnard
Vice President
Lee & Associates Cincinnati

Cell270.985.5008
Office513.387.0056
Fax513.272.2060

Stan Falk
Senior Vice President
Lee & Associates Cincinnati

Cell513.900.7509
Office513.385.0055
Fax513.272.2060

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