View Offering Memorandum and Document Vault
LONG TERM LEASE IN PLACE
Savers 10-year net lease commenced on 1/1/2017 and includes two, five-year options with increases. Currently there is 8.5 years left providing cashflow for years to come.
STRONG CORPORATE TENANT
Savers (also DBA Value Village) is the largest for-profit Thrift Store chain in the world with over 300 locations in the US and Canada.
GROCERY ANCHORED TENANT
Savers benefits from the international grocery chain Aldi located on site. Aldi is currently on its first year of a 15 year ground lease.
TRAFFIC COUNTS
Over 40,000 VPD provide the space excellent market exposure.
OUT-POSITIONS THE COMPETITION
Savers holds an excellent market position compared to other discounted retailers, Goodwill (located further northwest isolated from core retail area) and Dollar Tree (further west with no visibility on Miller Trunk Highway).
- Property Type
Retail
- Year Built
1975
- Total Acres
0.49
- Property ID
2055782
