Retail

Westbrook Plaza

668 Dawsonville Hwy Gainesville, Georgia United States 30501-2612
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY 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 2006
Building Area Net

Asset Description

JLL is pleased to present a unique opportunity to acquire an irreplaceable retail center located directly adjacent to Lake Lanier. The shopping center is anchored by an investment grade tenant in Best Buy (Moody's: A3), and benefits from a secure and durable income stream.

Investment Highlights

  • Anchored by an investment grade tenant in Best Buy (Moody's: A3), who reported strong Q1 2021 earnings and recently received a credit upgrade to A3 from Moody's
  • Long term income security via a nationally recognized tenant mix with a weighted average tenure of over 12 years
  • Significant leasing momentum with 88% of the income stream executing either a renewal or new lease since 2018
  • Located directly adjacent to Lake Lanier, one of the top tourist attractions in Georgia with over 11 Million annual visitors
Last Updated Date: 30 Sep 2021

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Last Updated Date: 30 Sep 2021

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