SHANNON CROSSING
EXCLUSIVELY PRESENTED BY
Atlanta, GA MSA
Investment Offering
Investment Highlights
Neighborhood Center
Anchored by a ‘24 Hour’ Kroger- Atlanta’s #1 Grocer
Kroger is the #1 grocer in Atlanta with over 30% market share and a very loyal base of customers. Given the grocer flourishes in suburban markets with value-minded shoppers and the fact that it is open 24 hours a day, it is no surprise that the Shannon Crossing store reports excellent sales.
Offering GLA 101,174 +/- SF
‘Main and Main’ Traffic Location in Atlanta
Occupancy
Shannon Crossing is very advantageously positioned within the heart of the Atlanta MSA, at the Jonesboro Rd exit for Interstate 85. With over 28,400 VPD traveling in front of the Property and 139,600 VPD commuting along I-85, Shannon Crossing truly serves as a ‘gateway shopping destination’ for traffic entering the Jonesboro Rd retail corridor.
95.05%
Year Built/Renovated 1981/1999
National Neighborhood Retailers
Anchor Tenant •
Kroger
National /Regional Tenants Advance Auto Parts • JR Cricket • Chase Bank • Papa John's • MetroPCS •
CONTACT Kyle Stonis, CCIM
SRS Real Estate Partners Senior Vice President 678.420.1393
[email protected] GA Lic.# - 265771
Subway • Direct General • Jackson Hewitt • T-Mobile •
Pierce Mayson
SRS Real Estate Partners Vice President 404.231.4696
[email protected] The Property is characterized by a synergistic mix of national neighborhood retailers which comprise 74% of the overall GLA and provide a range of goods and services from automotive (Advance Auto Parts) to financial services (Jackson Hewitt, Chase Bank) to cellular service (MetroPCS, T-Mobile) to restaurants (Subway, Papa John’s).
Kroger Fuel Center Component
Kroger recently added its Fuel Center component to Shannon Crossing, highlighting its commitment to the store’s continued success at the Shopping Center while providing an additional, constant customer draw to the Property.
Kroger’s Long-Term Lease
In addition to a fuel center and excellent sales which continue to trend up, the Kroger store at Shannon Crossing has twelve years of remaining lease term, setting it up for continued success well into the future.
Major New Development – Union Station Business Center
The former Union Station Mall, located directly across the street from Shannon Crossing, is currently being redeveloped by Rooker into a 1 million SF ($26 million) distribution and warehouse facility as well as a 350,000 SF film and TV studio campus. It is set to deliver Q1 of 2016. www.srsre.com/shannoncrossing
SRS Real Estate Partners
3400 Peachtree Road NE, Suite 1100 | Atlanta, GA 30326 404.231.2232 | SRSRE.COM The information contained herein was obtained from sources deemed to be reliable. However, SRS Real Estate Partners makes no guarantees, warranties, or representations as to the completeness or accuracy therof. Published: 08.01.2015
Retail Investment Offering
SHANNON CROSSING
4550 Jonesboro Road | Union City, GA 30291 Market Aerial
Property Aerial
SRS Real Estate Partners
3400 Peachtree Road NE, Suite 1100 | Atlanta, GA 30326 404.231.2232 | SRSRE.COM The information contained herein was obtained from sources deemed to be reliable. However, SRS Real Estate Partners makes no guarantees, warranties, or representations as to the completeness or accuracy therof. Published: 08.01.2015