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

View Similar Investment Opportunities

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

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

View Similar Investment Opportunities

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

Walgreens Absolute NNN Asset

Walgreens | Covington, TN


Sands Investment Group is Pleased to Present For Sale the Walgreens Absolute NNN Asset Located in Covington, Tennessee. This Deal Includes an Absolute Triple Net (NNN) Property With Zero Landlord Responsibilities, Providing For a Secure Investment.

  • Absolute Triple Net (NNN) Property With Zero Landlord Responsibilities
  • Walgreens Co. (NYSE: WAG) is a S&P Investment With Grade Credit Rating of “BBB”; Subsidiary of Walgreens Boots Alliance Inc. (NASDAQ: WBA) Which Features Annual Revenues in Excess of $117 Billion
  • Long Term Lease With 8 Years Remaining on the Original 75-Year Lease
  • Including Equity Method Investments, Walgreens Boots Alliance Has a Presence in More Than 25 Countries, Employs More Than 440,000 People and Has More Than 18,750 Stores
  • Located on a Hard Corner Location With Over 22,000 VPD on the Highway 51 North
  • Tennessee is an Income Tax Free State
  • Located in a Dense Retail Corridor With Nearby Tenants Including: Kroger, Tractor Supply Company, O’Reilly Auto Parts, Krystal, Dollar Tree, McDonald’s, Wendy’s and More

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

View Similar Investment Opportunities

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

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

View Similar Investment Opportunities

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

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

View Similar Investment Opportunities

Read additional thought leadership content from SIG, specializing in absolute triple net lease opportunities

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