Room for Expansion – Cheap land basis and higher return for investors.
Brand New 5-Year Lease – Savida had been targeting a location on State Street for over a year, establishing commitment to this location.
High Growth Area – Brand new Class A Multifamily development known as the Stafford Street Village, and brand-new Class A self-storage development known as Universal Storage Solutions; All located directly across the street from Savida Health.
Recession Resistant – Medical deals provide stability in times of economic uncertainty compared to standard retailers.
Corporate Guarantee – Savida has 54+ locations and continues to expand across the Southeast.
Premier State Street Location – Less than one mile from the new Hard Rock Casino & Hotel, as well as many other national retailers such as McDonald’s, Taco Bell, Walgreens, Arby’s, Dollar Tree, & many more.
Increased Cash-flow – 2.00% annual rental increases.
Recent Improvements – Recent improvements to the building & parking lot.