3732 US-280
Phenix City, AL 36867
Aspen Dental | T-Mobile | Moe's · Retail Property For Sale

STRONG NATIONAL TENANT MIX Aspen Dental is corporately guaranteed (650+ Locations). T-Mobile is guaranteed by Spark Wireless (90 Locations). Moe’s guarantee is backed by PCM Restaurants, an experienced owner and operator of 15 Moe’s Franchises. BRAND NEW LEASES WITH INCREASES All Tenants have brand new leases with rent increases. Aspen Dental and Moe’s have new 10-year leases with 10% increases in year six (6) of the base terms and each of the two (2) 5-year option periods. T-Mobile has a brand new five (5) year lease with increases in year four (4) and two (2) 5-year option periods with 10% increases. NEW REDEVELOPMENT The subject property is mostly new construction featuring a brand-new Roof, Parking Lot, Facade, Electric, and HVAC. BUSY RETAIL CORRIDOR The subject property neighbors Walmart Supercenter on the dense retail corridor of US Hwy 280 (VPD: 33,550). Surrounding retailers include Walmart (Closest Walmart to Fort Benning), Home Depot, Chick Fi La, & Publix. SOLID DEMOGRAPHICS The population in a 5-Mile radius is 95,091 with average household incomes of over $55,100. The Subject property projects a strong growth of 9.77% over the next 5 years COLUMBUS, GA Suburb Ranked by Business Week as the #1 Best Affordable Suburb to Raise a Family and as one of the top 10 fastest growing cities in Alabama by AL.com, Phenix City is a suburb of Columbus, the third largest city in Georgia. Columbus, GA (Population: 303,811+) is located 100 miles southwest from Atlanta and is home to Fort Benning the 5th Largest Military Base in the USA (284 Square Miles) which supports a population of 120,000 troops and civilians and has an economic impact of $1.1 Billion. The base occupies 284 square miles south of Phenix City and Columbus. Columbus is home to the Corporate headquarters for Aflac (#137, Fortune 500) which is spread over two campuses, TSYS (#776 on the Fortune 1000, Realtree, Carmike Cinemas, and Synovus Bank, and Pratt & Whitney, an American “big three” aero-engine manufacturer. Columbus State University (8,500 enrollment+), ranked among the top regional universities in the south by U.S. News & World Report, is located in downtown Columbus. Recent projects like the Chattahoochee RiverWalk - a pedestrian and bike path fronting the river which runs between Phenix City and Columbus has led to revitalization on both sides of the river.