Property Description
SECURE INCOME STREAM
- 15-Year Lease with 5% Increases Every 5 Years
- Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
- Minimal Landlord Responsibilities, 15-Year Roof Warranty
- Brand New 2022 Construction, Latest Prototype and Design
- Corporate Guaranty, $14.2 Billion Net Sales in 2022, 11.57% Increase Over 2021
- Net Sales of $3.3 Billion in Q1 2023, a 9.1% Increase Over Q1 2022
PROXIMITY
- Excellent Access and Visibility to Over 37,000 VPD Along Main Retail Artery
- Olive Branch is Part of Memphis MSA, Home to Over 80 Manufacturing and Distribution Centers
- 2 Miles to Legacy Park, a 266 Acre Class A Logistic Park Including a 1M SF Amazon Fulfillment Center with 3,300 Employees
- 170,314 Residents in Growing Trade Area
- Affluent Customer Base with $91,505 Average Household Income
- 15 Miles to University of Memphis with 21,622 Students and 2,400 Employees
- 20 Miles to Downtown Memphis, 2nd Largest MSA in Tennessee with Over 1.3M Residents
- Proximity to Several Apartment Complexes, The Vineyard of Olive Branch (456 Units), Goodman Manor Apartments (55 Units), and Crestview Apartments (38 Units)
