Aaron's NN Property

Aaron’s | Phenix City, AL


Sands Investment Group is Pleased to Exclusively Offer for Sale a 8,000 SF Aaron’s NN Property Located at 1131 East 280 Bypass in Phenix City, AL. This Deal Includes a Corporately-Guaranteed Investment Property Located on a Freestanding Building With Minimal Landlord Responsibilities That Provides an Excellent Opportunity For a 1031 Exchange, Providing For a Secured Investment.

  • This Location Has Operated Successfully as an Aaron’s Since the Building Was Constructed Specifically For the Business’s Purpose in 2006
  • This 8,000 SF Building Sits on a 1.40 Acre Parcel Strategically Located in Phenix City’s Primary Retail Corridor; This Parcel Gives Aaron’s a Valuable Footprint Within This Market of Limited Vacancy
  • Corporately-Guaranteed Investment Property: The Aaron’s Company, Inc. (NYSE: AAN) is a Leading, Technology-Enabled, Multichannel Provider of Lease-to-Own and Retail Purchase Solutions of Appliances, Electronics, Furniture and Other Home Goods
  • Positive Performance: Highly Rating Location on Google Reviews! The Company’s Q4 2022 Revenues Alone Were $589.6 Million, an Increase of 32.5% Benefiting From its Acquisition of BrandsMart For $230 Million
  • No Renewal Options Moving Forward Beyond November 2026 Offers an Investor the Ability to Raise Rents & Restructure the Lease, or Offers an Owner/User the Ability to Take Over the Space
  • Freestanding Building With Minimal Landlord Responsibilities Provides an Excellent Opportunity For a 1031 Exchange

BoR: Andrew Ackerman – Lic. AL #1089690

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Storage Unit Investment

Phenix City Storage | Phenix City, AL


Sands Investment Group is Pleased to Present Exclusively the 15,000 SF Storage Unit Investment Located at 1715 E 280 Bypass in Phenix City, Alabama. The Facility Was Built in 2004 and Features 138 Non-Climate Units Totalling 15,000 Net Rentable SF. With a Current Physical Occupancy of 79% and a Current Economic Occupancy of 63.62%, This Property Present Significant Upside Through Driving Occupancy, Streamlining Expenses and Implementing Tenant Insurance. Additionally, There is a Kiosk in Place For a Remote Owner/Operator.

  • Value-Add Self-Storage Opportunity to Lease Up and Grow Revenue
  • Opportunity to Raise Existing Below-Market Rents to Increase Revenue
  • Opportunity to Increase Revenue By Implementing Merchandise Sales, Admin/Late Fees and Tenant Insurance Policy Sales
  • Kiosk Already in Place For a Remote Owner/Operator
  • Facility is Not Currently Open to Tenants When Facility Manager is Not On-Site (Off Monday and Tuesday) and the Facility Does Not Accept Credit Cards, So There is an Opportunity to Significantly Improve Operations
  • Good Signage Visibility From US-280/431 Which Sees Over 45,500 VPD
  • Five (5) Apartment Complexes Within 1-Mile of Facility
  • Only 3-Miles to Downtown Columbus, GA
  • Healthy Population of 39,956 People Within 3-Miles
  • Close Proximity to Two Different Colleges/Universities
  • Ideally Situated Along Phenix City’s Main Thoroughfare, US-280/431, With Easy Access to I-185
  • Over 60% of Households Within 3-Miles Are Renters

In Cooperation with BoR: Andrew Ackerman Lic. #C0001099750

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