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Former Kroger - Rome, GA
2448 Shorter Avenue, Rome, GA 30165
N/A
58,114 SF
Retail
Anchor
Investment
Multiple
1988
5.49 SF
-
Last Verified 7/29/2010
Listing ID 15829998
Highlights
Attractive Pricing
Good Visibility on Highly-Traveled Artery
Upside Potential
Solid Market Fundamentals
Conservative Rents offer Upside
Description
58,114+/- SF neighborhood shopping center presenting an entrepreneurial investor upside through anchor backfill and/or redevelopment. Attractive pricing relative to replacement cost at $43 psf. Seasoned shop tenants including Citifinancial and Jackson Hewitt Tax Service.
Situated on the west side of Rome, Georgia. Rome is a significant regional medical center with 4 major healthcare facilities and home to 2 colleges. 27,790+/- cars per day on Shorter Avenue at subject property.
Map of 2448 Shorter Avenue, Rome, GA 30165 (Floyd County)
Created 8/1/2008
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P