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2645 BATTLEFIELD PKWY Fort Oglethorpe GA 30742

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Details
Property Type Retail
Sub Type Auto Shop, Shopping Center (+1)
Building SqFt 67,632
Year Built 2000
Days on Market ******
Latitude 34.9436
Longitude -85.2217

Property History

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Property Type
Property Type
Retail
Property Subtype
Storefront, Shopping Center, Auto Shop
Marketing Description

Sentry Station is a 67,632-square-foot neighborhood shopping center located in Fort Oglethorpe, Georgia – a suburb of Chattanooga, Tennessee. The asset is strategically positioned in a fast-growing commercial area off Battlefield Parkway (31,500 VPD), just west of I-75 (86,100 VPD). Sentry Station features excellent visibility from the city’s major retail corridor and benefits from its proximity to major retailers such as Walmart, Publix, and The Home Depot.

Investment Highlights

INTERNET-RESISTANT TENANT MIX

• Discount retailers Bealls Outlet, Hibbett Sports, and Cato have continued to succeed and have proven to be resistant to e-commerce.

STRONG MARKET FUNDAMENTALS

• Fort Oglethorpe continues to show tremendous retail growth. A new Publix was built in 2018 less than a mile and a half to the east of Sentry Station. Many national retailers continue to report Fort Oglethorpe as one of their top-performing locations.

VALUE-ADD OPPORTUNITY

• The property is currently 71% occupied and offers future ownership upside potential through a focused and well-executed leasing plan.

SALES TAX ADVANTAGE

• Because of its proximity to the border, the property continues to see an influx of Tennessee consumers due to the Sales Tax Difference. With a 9.55% sales tax rate, Tennessee has the second highest in the U.S., a significant 2.20% more than Georgia’s tax rate (7.35%).

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
JM
Joseph Montgomery
•••.•••.5514
•••.••••••mery@••••••••.com
Brokerage logo
Listing removed on
 BY:
SI
Scott Israel PRO
•••.•••.2418
•••••.••rael@••••••••.com
Brokerage logo
Listing removed on
 BY:
HK
Henry Kushner PRO
•••.•••.9840
•••••.•••hner@••••••••.com
Brokerage logo

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