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Mercury New Media, Inc.
Lithia Springs, GA
North Augusta, SC
Franklin Street proudly presents Olde Towne at Berwick, a 29,543-SF retail strip center that is adjacent to a 70,000-SF Kroger grocery store. Olde Towne is located at the entrance of the 1,900-acre residential development known as Berwick Plantation which contains over 3,300 home sites. Built in 2007 and well maintained, the center has a strong mix of national and local service-oriented retail tenants. Anytime Fitness, State Farm and Marco's Pizza are some of the more familiar national brands that occupy the center.
The center is well positioned in the community, shadow anchored by a strong performing Kroger with no other national grocer within 4 miles of the property. The property is surrounded by other national retailers including Starbucks, CVS, Wells Fargo, Subway, Pizza Hut, and Walgreens. There is significant upside for a new investor by leasing the remaining well-located vacancies and increasing rents as leases roll over.
Fort Lauderdale, FL
McDonough Commons a new 70,955 SF Burlington-anchored development located in McDonough, GA (Henry County) across from the 700,000 SF South Point. Tenants include: Burlington, Tuesday Morning, Pet Supermarket, Sprint, and Great Clips
• New 15-Year lease from Burlington (BB Stable S&P 500 Credit Rating) Fortune 500 Company• 92.95% Leased by national tenant lineup• Located across from the 700,000-SF South Point• Heavily trafficked corridor - 22,700 VPD on Hampton Rd (Hwy 20)• Scheduled rent increases during initial term for leases• New construction - no deferred maintenance for new owner• Upside in leasing new 5,000-SF unit in the center• Surrounded by national retailers including: Academy Sports, Hobby Lobby, JCPenney, Kohl’s, Rooms To Go, Party City, Five Below, among others