610 S APPLEGATE ST Winona MS 38967

THE ASSET

• Home Hardware and AutoZone anchored center

• AutoZone has been operating at the location since 1994

• AutoZone is the #5 performing AutoZone in the state

• Recent ten-year deal executed with Home Hardware

• Parent company of Home Hardware, Central Network Retail

• Operates 145 locations across 16 states

• Below market rents

• Auto Zone rent: $4.95psf

• Home Hardware rent: $2.97psf

• The center is 89% occupied leaving upside for an investor

• Purchase Price of $28psf significantly below replacement cost

• Internet resistant tenant mix

• New roof with +15 years of useful life remaining

• Potential to carveout outparcel included in the sale

THE MARKET

• Asset is centrally located in the heart of Winona

• Winona market is strongly influenced by the agricultural industry

• Primary employers in Winona are tied to the agricultural, manufacturing, and industrial industries

• Amazon recently announced $11 Billion investment in Jackson to serve as their data Midwest hub

• Winona has continued to make efforts for economic diversification through the attraction of new businesses in its commitment to long-term sustainability

• Winona is located 1hr 40min from Memphis and 1hr 25min from Jackson