305 W Patton St
La Fayette, GA 30728

Brookwood Square is a 65,289 SF retail center that is 100% leased and anchored by Fred’s Pharmacy and Chappell’s Food Valu located in northwest Georgia. The center is attractively priced at a 11.5% CAP rate; which can be increased to 11.85% or better with minimal leasing. Additionally, Brookwood Square is priced well below replacement cost at $20 PSF and rents average just over $3 PSF gross. The center has very little deferred maintenance; the building and parking lot are in great shape and a new roof was installed in 2010. Several HVAC units have also been replaced recently, while the majority of the others are the tenant’s responsibility. The other tenants include PriceBusters Furniture, Linderman’s Mattress Outlet, a consignment shop, and an indoor practice facility. The property is located in LaFayette, GA which is approximately 30 miles south of Chattanooga, TN and 100 miles northwest of Atlanta. There are over 33,700 people within the 10 mile trade area with an average HH income over $58,000.