Vantage Pointe Medical Office

Vantage Pointe Medical Office | Covington, GA


Sands Investment Group is Pleased to Present Exclusively For Sale the 7,000 SF Vantage Pointe Medical Office Asset Located at 4162 Baker Street in Covington, Georgia. This Deal Includes a Strong Corporate Guarantee By Amedisys Home Health Care That Operates in 38 States With 537 Locations, Providing For an Excellent Investment.

  • Property is Approximately 0.5-Miles From Piedmont Newton Hospital
  • Strong Corporate Guarantee – Amedisys Home Health Care Operates in 38 States With 537 Locations
  • 100% Leased – in Addition to Amedisys Home Health, the Remaining Tenant is Covington Family Dental Which is a Long Standing Medical Tenant on Short Term Flexible Lease  Presenting Opportunity For Improved Terms With a New Owner
  • Over 157,000 People Within a 10-Mile Radius
  • Dentistry is a Recession Proof Industry
  • Specialized Buildout For Tenants
  • The Dental Industry Has One of the Lowest Default Rates of Any Industry in the U.S.

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. #67374 BoR: Andrew Ackerman – Lic. GA #311619

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AC Plaza Strip Center

AC Plaza | Covington, TN


Sands Investment Group is Pleased to Present For Sale the AC Plaza Strip Center Located in Covington, Tennessee. This Deal Can be Purchased at a Value Well Below Its Replacement Cost, Providing For a Unique Investment.

  • With an Asking Price of Approximately $53 PSF and In-Place Rents Below Market Levels, This Property Can be Purchased at a Value Well Below Its Replacement Cost
  • The Current Tenants Are Paying Below Market Rents
  • Ford Motor Company Recently Announced Its Plan to Develop a $5.6 Billion Dollar Manufacturing Plant on 3,600 Acres in Close Proximity to the Property; Once Completed in 2025, This Development Will Add 5,800 Jobs and Provide a New Economic Anchor in the Trade Area -Please See Page 14 For More Information
  • Located in a Harbor Freight Anchored Strip Center
  • Located Along the Main Retail Corridor of Covington
  • Gross Lease Tenants Are Currently Monthly; Can be Converted Into Long Term Triple Net (NNN) Leases
  • Two Vacancies Open up the Opportunity For an Owner-User to Move in While Collecting Income From the Other Tenants

In Cooperation With ParaSell, Inc., A Licensed Tennessee Broker – Lic. #264531 BoR: Scott Reid – Lic. TN #347634

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gas station net lease

Gulf | Covington, GA


Sands Investment Group is Pleased to Exclusively Offer the Gas Station Net Lease Investment Opportunity Located at 6229 Turner Lake Road in Covington, Georgia.

  • New 20 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • 2% Annual Rent Increases – Next Increase Set to Occur on 10/1/2020
  • Four (4) x Five (5) Year Options to Renew
  • Blended CAP Rate of 8.89% Over Lease Term
  • Guarantor, Valued at Approximately $400 Million, Supplied Over 200 Million Gallons of Fuel to Over 300 Locations During the 12-Month Period (Ended 12/31/2019); Guarantor Generated Over $434 Million in Revenue in 2019 and Operates in 7 States: GA, TX, SC, LA, AR, AL and MS; Additional Information on Guarantor is Available Upon
  • Excellent Visibility From Turner Lake Road and Brown Ridge Road With Multiple Points of Access
  • Strong Store Performance – 2.8 x Rent Coverage
  • Benefits From Close Proximity to U.S Route 278 – Sees Over 28,500 Vehicles Per Day, and Interstate 20 – Sees Over 71,000 Vehicles Per Day
  • Less Than 4-Miles From Piedmont Newton Hospital – Over 100 Hospital Beds and 650 Employees
  • Covington is Seeing Rapid Growth – Select Major Projects in Covington Include: Facebook Data Center ($750M Center Under Construction), Airport is Under Expansion to Allow Private Commercial Flights, Nisshinbo Automotive Investing $72 Million in Expansion of Its Covington Facility and Shire Investing $1.2 Billion in Manufacturing Plant
  • Nearby Tenants Include: Chevron, Firehouse Subs, Ingles, Arby’s, Zaxby’s, Taco Bell, Aaron’s, Dollar General, Kroger, Ross, Chick-fil-A and More

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. # 67374

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Family Dollar | Covington, GA


Sands Investment Group is pleased to present this Family Dollar NNN store located in Covington, Georgia.

  • Corporate Guaranteed Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Covington is Located in Newton County in the Atlanta Metropolitan Area – Most Populous Metro Area in Georgia and the Ninth-Largest Metropolitan Statistical Area (MSA) in the United States
  • Covington is Experiencing Steady Population Growth – Roughly 7.75% From 2010-2018 and Projected 6.89% Growth From 2018-2023 Within a 1-Mile Radius of the Subject Property
  • 15 Minutes to Oxford College of Emory University – Serving Over 1,000 Students and Staff, 10 Minutes West of Downtown Covington on Hwy 81
  • Tenants in Covington Include: Walmart Supercenter, Home Depot, Waffle House, IHOP, Wells Fargo, ALDI, Tractor Supply, GameStop, Ross Dress for Less, AutoZone, Kroger, Dairy Queen, Chick-fil-A, UPS, Rite Aid and Walgreens

In Cooperation with Sands Investment Group Atlanta, LLC Lic.  #H-67374

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Wendy’s

 

  • Absolute Triple Net Lease with No Landlord Responsibilities
  • Seasoned Wendy’s Franchisee with Over 125 Units
  • 2% Annual Rental Increases
  • Great Owner/User or Potential Re-Development Play
  • Situated on the Main Retail Thoroughfare
  • Good Mix of Surrounding National Tenants
  • Solid Traffic Counts – Over 20,000 VPD
  • In Cooperation with JDS Real Estate Services, Inc. Lic # 332901