Lucky's Market - Tallahassee, FL
US - Tallahassee, FL
₱665,644,000 | 5,079 sm
Asset description
JLL is pleased to announce the opportunity to acquire Chapel Hill Centre, a 16,000-square-foot neighborhood strip center that is shadow-anchored by Kohl's and Hobby Lobby. The Property is positioned in one of the most dominant retail nodes in Georgia, having 4.8 million sf of retail in a 3-mile radius. The Property is positioned adjacent to I-20 (~100,000 VPD) and is only 25 minutes away from downtown Atlanta and Hartsfield-Jackson International Airport.
The retail center boasts an exceptional roster of national and regional tenants, including FedEx Office, Nancy's Chicago Pizza, Leslie's Pool Supplies, Lendmark Financial, and many more tenants. With a weighted average tenure of ~9.4 years and an impressive 88% of the gross leasable area (GLA) executing new leases or renewals in the past 4 years, this tenant lineup demonstrates strong stability and a commitment to the property.
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Attributes
Building area Net
1,486 sm
Occupancy
100.00%
Year built
2006
Land area Net
4.54 ha (45,406 sm)
Media
Investment highlights
Thriving Submarket In The Atlanta MSA
Proximate To Numerous Economic Drivers And Developments
Affluent Customer Base
Located In an Established Atlanta Retail Node With Significant Growth
Ideal Mix of Necessity-Based Retailers
Super-Regional Access Via Proximity To I-20 (~100K VPD)
Contact brokers
Chapel Hill Centre (0 Properties)
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Last updated
Sep 6, 2023
