Marcus & Millichap is pleased to present The Plaza at Flowery Branch. This four tenant Publix shadow strip center is 100% occupied with an excellent mix of tenants. Three of the tenants have very long history at the site and have recently extended leases, with the fourth tenant approaching 2 years on site. The property sits just of I-985 on Spout Springs Road with excellent visibility and access at a signalized intersection. The location is in a dense retail corridor with heavy traf?c driven to the area.
With only four tenants, there is very limited management needed. There is also immediate value-add potential with strong leases in place and current ownership not doing annual reconciliations and collecting the appropriate expense reimbursements owed. With limited options remaining there is also ?exibility for future lease negotiations.