Walmart Shadow Center

Investment Highlights

WALMART SUPERCENTER SHADOW CENTER
• The subject property is a 36,000 SF Walmart Supercenter shadow anchored retail center located in Albany, GA
• The property is 93% leased with strong national brands such as Shoe Show, Rainbow Shops, DaVita and more
• The center boasts an attractive tenant mix with both National & Local (Restaurant & Daily Use) tenants
• Strong Tenancy | Avg. Occupancy: 8.5 Years

STRATEGIC LOCATION
• The center is shadow anchored by a strong-performing Walmart Supercenter that has been there since 2011
• High Traffic Corridor | The center is strategically positioned off GA 300 (40,600 VPD) between Clark Ave (22,600 VPD) and Sylvester Hwy (19,100 VPD).
• Limited Competition | The center is isolated from other retail competition and serves
as the busiest retail shopping center east of Albany State University (1.73M Annual Visitors)
• The subject properties tenant lineup is ideally suited for the demographics of Albany

ALBANY, GA
• Albany is the eighth largest MSA in Georgia, located 150 miles from Atlanta, with a population of roughly 70,000 people
• Albany has developed and diversified an industrial economy, which includes Proctor & Gamble, MillerCoors, and Mars Chocolate North America.
• Home to Albany State University (6,500+ students) and Albany Technical College (3,000+ students)
• Albany is the heart of Plantation Trace, the southern portion