8.07 Archives | Sands Investment Group

Sands Investment Group is Pleased to Present For Sale a PNC Bank NNN Lease Asset Located at 365 North Craft Highway in Chickasaw, AL. This Deal Offers an Attractive Lease Extensions That Extend Until 2040 With Zero Landlord Responsibility, Providing For a Secure Investment.

PNC is the 7th Largest Bank in the United States in Total Assets Making it a Strong Credit Tenant For an Investor
Compass Bank Which Was Acquired By PNC Bank in 2021 Has Been At This Location Since 1975 Showing a Strong Commitment to the Site
PNC Bank Location Comes With an Additional 0.60 Acres Adjacent to the Property Making a Combined 1.6 Acres on a Hard Corner Lot
Attractive Lease Extensions That Extend Until 2040
Strategically Located Across From the Chickasaw Shopping Mall That Inhabits National Tenants Like Dollar Tree, Walgreens, Citi Trends and Many More
Strategically Located on a Hard Corner Which Sees Up to 20,000 VPD
Chickasaw is a Suburb of Mobile, AL Which is the 4th Largest City in Alabama and Has a Population of Over 190,000 People
Mobile, AL is Home to the Preeminent Tourist Attraction, the USS Alabama Battleship Memorial Park, a Famous Retired Battleship and the Fourth and Final Member of South Dakota Class of Fast Battleships For the U.S. Navy in the 1940s; This Tourist Attraction Sees Up 350,000 People Annually

BoR: Andrew Ackerman – Lic. AL #1089690

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

Sands Investment Group is Pleased to Exclusively Offer the Value-Add 60,000 SF NNN Strip Center For Sale, Including 4 Outparcels, Located at 8075 Oswego Rd in Liverpool, New York. This Property is Located Within a 10 Minute Drive of One of the Largest Amazon Distribution Centers in the World at 3.8M Square Feet, Scheduled to Open in Fall 2021, Bringing Over 1,000 Full-Time Jobs and a Tremendous Amount of Economic Activity and Development to the Area. With Long Term Operating Histories and Attractive Lease Terms, this Opportunity Provides For a Best-of-Class Investment With Income Growth and Tremendous Upside in the Desirable Syracuse Market.

NNN Lease Structures Allows For a High Cap Return With All Expenses Reimbursed By Tenants
Stabilized Property With a Strong Value-Add Component By Bringing Current Leases to Market Rates and Adding Term
Current Owner Has Invested Over $150,000 in Upgrades in the Last 2 Years Including Roof, HVAC, Paint, Electrical, Plumbing and Parking Lot Improvements, Providing For a Well Maintained Property With Little to No Deferred Maintenance
Long Term Operating History; the Majority of Tenants Have Been at the Location For 15+ Years, While Exercising Options Throughout Terms, Showing Commitment to the Site
Established and Internet Resistant Tenant Mix With Strong Local Following and Synergy
Site Sits on Over 11 Acres of Land With Ample Parking, Signage and New LED Lighting
The Property Experiences Excellent Visibility From Oswego Road With All Buildings Facing the Street, Drawing Traffic From Vehicles, as Well as, the Many Residential Developments in the Area
Directly in the Path of Progress, Located Only 4 Miles Away From the World’s Largest Amazon Distribution Center at 3.8M SQ Feet, Which Will Bring 1,000 Full-Time Jobs and an Explosion of Economic Growth and Activity to the Area
Syracuse MSA is Within the Top 100 in the Country With Over 650,000 Residents
Strategically Located at a Signalized Intersection on Oswego Rd, Seeing Over 27,789 VPD
Located 3 Miles From the I-90 (NY State Thruway) Interchange Which is the Longest Interstate Highway in the U.S. at 3,020 Miles Ranging from Boston to Seattle
Excellent and Affluent Demographics; Over 22,000 People Making an Average Income of $98,000 Within a 2-Mile Radius