Lowe’s

 

  • 100% Occupied Single Tenant 10 Year Net Lease – Landlord Responsible for Roof and Structure Only
  • Fixed Rent Increases Throughout the Term of the Lease
  • Six (6) x Five (5) Year Renewal Options
  • Strong Historical Occupancy – Lowe’s Has Been at This Location for Over 20 Years
  • Corporate Guarantee From Lowe’s Companies Inc. – Fortune 47 Company and the Second Largest Home Improvement Retailer in the U.S.
  • Lowe’s Total Revenues in Excess of $59 Billion, Net Income of $2.55 Billion and Net Worth of $7.65 Billion as of January 2016
  • Enterprise, AL is One of the Largest Agricultural Producers in the State of Alabama
  • H.S. Alabama Automotive, Tier One Supplier for Hyundai Motors Located Less Than Three Miles from Asset
  • Coffee County Accounts for an Estimated $200M Worth of Agricultural and Agribusiness Products Per Year and One of the Top Agricultural Producers in the State of Alabama and in the Top 100 of Nearly 3,000 Counties Nationally
  • Strong Visibility from Boll Weevil Circle with 18,410 VPD
  • Less Than 10 Miles from US Army Aviation Museum and Fort Rucker Military Base – Active Duty Military Strength of Approximately 5,000
  • Neighboring Tenants Include: KFC, Dollar General, Church’s Chicken, Tractor Supply, and Hobby Lobby