Property History
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.
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
Financial History
Tax History
Contact Information
Ownership Information
Property Details
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Map
Comparable Properties
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