NEW CONSTRUCTION POWER CENTER OUTPARCEL • The property is a 4,500 SF Class-A new construction three tenant strip center and located in Oxford, AL • Located an outparcel to Oxford Exchange, a 124,215 SF retail power center Anchored by Target & Ross. • The strip is leased to strong national tenants: Five Guys, Chicken Salad Chick, & Luxury Nail Spa • Class-A construction features an attractive façade with cultured stone & brick exterior
LONG TERM LEASES WITH INCREASES • Chicken Salad Chick: Ten (10) year lease with an increase in year 5 • Chicken Salad Chick: Three (3) Option periods of Five (5) years each with increases in each option • Five Guys: Ten (10) year lease with an increase in year 5 • Five Guys: Two (2) Option periods of Five (5) years each with increases in each option • Luxury Nail Spa: Ten (10) year lease with 3% Annual Increases
STRATEGIC RETAIL LOCATION | DOMINANT CENTER IN MARKET • The property is strategically located on Oxford Exchange Boulevard, the main entrance road for the Oxford Exchange Shopping Center. • The property enjoys excellent visabiity from and immediate access to 42,681 vehicles per day on Interstate 20, the primary transportation corridor between Birmingham, AL and Atlanta, GA. • Oxford Exchange is the only major retail hub between Atlanta and Birmingham, serving a 30-mile trade area and offering a broad national tenant lineup including Target, Hobby Lobby, Sam’s Club, Home Depot, Dick’s Sporting Goods, Kohl’s, Best Buy, PetSmart, Olive Garden, Starbucks, Office Max, Bed Bath & Beyond, and many more.
ANNISTON-OXFORD MSA • The Anniston-Oxford MSA is the second most populated metro area in northeast Alabama with a population of 114,227. • The MSA is anchored by significant employment at Jacksonville State University, the Northeast Alabama Regional Medical Center, Stringfellow Hospital, the Anniston Army Depot, and the Department of Homeland Security at McClellan. Garden, Starbucks, Office Max, Bed Bath & Beyond, and many more. • Jacksonville State University, located in the Anniston-Oxford MSA, is a fully accredited fouryear university that serves over 8,000 students at both the undergraduate and graduate levels.