publix at gunn battle
TRANSCRIPT
OFFERING SUMMARY
PUBLIX ATGUNN BATTLE
PROPERTY OVERVIEW
2
ADDRESS: 6015 Watson Blvd.Warner Robbins, GA 31008
PROPERTY GLA: 80,675 SF
OCCUPANCY: 94%
ACREAGE: ~18.2 acres
PUBLIX ATGUNN BATTLE
BUILT: 2010
ANCHOR:
AS-IS NOI: ~$790,000
INVESTMENT HIGHLIGHTS
The Property is anchored by Publix, the most highly sought-after grocer in the Southeast, which drives consistent traffic to the Property.
HIGH-PERFORMING NECESSITY GROCER ANCHOR
IMMEDIATE UPSIDE POTENTIAL
SUSTAINABLE +BELOW MARKET RENTS
CONCENTRATED POCKET OF WEALTH
DURABLE RENT ROLL & SECURE INCOME STREAM
In-place shop tenancy has a weighted average rent of $13.35 PSF, providing a long-term, sustainable income stream for future Ownership with the ability to push rents overtime.
Average Household Incomes are $86,000 within a 3-mile radius, which is 38% higher than the Macon, GA AHHI of $62,460.
~ 8.2 Years Weighted Average Term Remaining
Via the lease up of 4,747 SF / 6% of the overall GLA
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PUBLIX ATGUNN BATTLE
$
PUBLIX SUPER MARKET - SOUTHEAST'S #1 GROCER
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PUBLIX ATGUNN BATTLE
MOST SOUGHT AFTER GROCERY CHAIN IN THE SOUTHEAST
ONE OF THE LARGEST GROCERY CHAINS IN US WITH 225,000 EMPLOYEES
GROCER 2020 TOTAL VISITS 2020 MARKET SHARE
928,040,000 42%
346,680,000 16%
220,450,000 10%
185,270,000 8%
141,940,000 6%
Top 5 Most Visited Grocery Stores in the Southeast in 2020 (Source: Placer.AI)
#1 MOST VISITED GROCER
IN THE SOUTHEAST
PUBLIX IS THE MOST POPULAR GROCERY CHAIN IN THE SOUTHEAST, AS EVIDENCED BY THE BREAKDOWN OF TOTAL GROCERY VISITS ACROSS THE REGION IN 2020
FORTUNE 500 COMPANY#87
2020 TOTAL REVENUE: $45 BILLION(17% INCREASE OVER 2019)
ANCHORED BY THE #1 SOUTHEAST GROCER
60%+ OF THE PROPERTY'S TOTAL INCOME STREAM
SIGNIFICANT TERM REMAINING
54,340 SQUARE FEET 67% OF TOTAL
GLA
STRONG SALES WITHINCREASING YOY TRENDS
LIMITED GROCER COMPETITION
ACTIVELY RENOVATING ITS STORE
HIGH-PERFORMING LOCATION
5PUBLIX AT
GUNN BATTLE
Watson Blvd. - 27,200 vPd
HWy. 41
57,000+ people checked in on
80 NEWLY BUILT (2021) APARTMENTS
100% OCC.
NEW HOMES UNDER CONSTRUCTION NEW HOMES UNDER
CONSTRUCTION
74,350 VPD74,350 VPD~1.5 Miles~1.5 Miles
PUBlIX atGUnn BattlE
ROBINS AIR FORCE BASE 7 Miles7 Miles
44 Apartment 44 Apartment UnitsUnits
THRIVING SUBMARKET - MACON MSA
STRONG DEMOGRAPHICS2000
2021 Population 32,590 87,020 172,998
2021 Average Household Income $86,000 $80,960 $79,260
Proj. Population Growth ('21-'26) 5.1% 4.8% 4.8%
3 MILE 5 MILE 10 MILE
MACON-BIBB MSAThe Property benefits from explosive submarket growth, as there are 28 ACTIVE/UPCOMING PROJECTS WITH TOTAL INVESTMENT EXCEEDING $600 MILLION & CREATING 4,800+ NEW JOBS.
ROBINS AIR FORCE BASELargest single-site industrial complex in GA, employing 24,000 people, and manages the services for nearly 75,000 Reserve forces.
DOMINANT RETAIL CORRIDOR (3-MI. RADIUS)
3.5M+SF OF GLA 98% SUBMARKET
OCCUPANCY$3.54 BILLION ECONOMIC
IMPACT
6PUBLIX AT
GUNN BATTLE
HWY
140
Watson Blvd.
27,200 AADT
Outparcel #11.04 acres
400
410420
430
440
380 350 340 /330
320 /310
300
200
130 120 /110 100370 /
360
Outparcel #200..5500 acres
430-440
Not Included Available Separately
370
360 310 /
320330 / 340
300
WATSON BLVD.
110 / 120 10
0
67% / 33%ANCHOR / SHOP RATIO
94% OCCUPANCY RATE
80,675 SFPROPERTY SIZE
TENANT ROSTERSTE. TENANT SF100 Posh Paws Pet Grooming 1,400110-120 Passion Nails 2,800130 Republic Finance 1,400200 Publix 54,340300 Available 1,200310 Available 2,400330-340 Baby Doll Weave 2,400350 Colossal Fitness 1,200360 Available 1,147370 Waxing the City 1,483380 Cluck-N-Waffles 2,170400 Gunn Nutrition 1,200410 The Naturalista 1,200420 One Night Stand Catering 1,267430-440 Aqua Tots (Lease Pending) 5,068TOTAL 80,675
Occupied Available
SITE PLAN & TENANT ROSTER
INVESTMENT SALES ADVISORS FINANCING ADVISORBrad BuchananSr. [email protected]
Jim HamiltonSr. Managing [email protected]
Andrew [email protected]
Taylor [email protected]
Andrew [email protected]
Greg [email protected]