Jasper Mountain Highlands Shopping Center | Jasper, GA
Sands Investment Group is Pleased to Present Exclusively For Sale the 100% Occupied Jasper Mountain Highlands Strip Center in the Atlanta MSA Submarket of Jasper, Georgia. This Opportunity Includes a Granular Rent Roll With a Diverse Group of Local Tenants With Below Market Rents and Organic Rent Growth. The Property Also Sits at a Signalized Hard Corner, With High Traffic Counts, Across From a Home Depot and Kroger Grocery Anchored Plaza.
- Home Depot & Kroger Shadow-Anchors: 100% Occupied Shopping Center Across From a Home Depot and Kroger Anchored Center in the Atlanta Submarket of Jasper, GA
- Premier Strip Center: The Property, Given Its Location, Quality of Build and Tenant Mix, is the Dominant Strip Center in Jasper, Georgia
- Below Market Rents: Tenancy Includes a Diverse Group of Local Credit Tenants at Below Market Rents; This Opportunity Provides a New Owner With a Secure Cash Flow With a Granular Rent Roll With the Potential Upside From Increasing Rents
- High Traffic Counts: The Property Sits at a Signalized Intersection Along Highway 515 That Sees an Impressive 26,194 Vehicles Per Day With Strong Visibility From the Road; Additionally, the Property Sits Just Down the Street From the Pickens County Airport and Piedmont Mountainside Hospital
- Property In Excellent Condition: Roof Replaced in 2018 and New Facade Completed in 2019 By Current Owner, Resulting in Limited Capital Expenditure Exposure to a New Owner
- Population Growth: Population Growth Within a 3-Mile Radius of the Property Was 8.0% From 2010-2021 With a Projected Increase of 7.6% By 2026, Showing the Strength of This Growing Market
- Strong Retail Corridor: This Property is Strategically Located in the Strongest Retail Node of This Submarket With Other Notable Tenants Including: Dunkin’ Donuts, Ingles, Starbucks, McDonald’s, AutoZone, Burger King, Zaxby’s, Taco Bell, Popeyes, Dairy Queen and More
In Cooperation With: Sands Investment Group Atlanta, LLC Lic. # 67374 Andrew Ackerman Lic. # 311619
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