Brainerd Market Center

 Strong in-place cash flow plus value-add opportunity at 80% occupancy, Brainerd Market Center offers a stable, financeable income stream plus the opportunity to increase income with the lease up four shop spaces allowing a potential increase in appr. $175K of additional NOI. 

• Recent Anchor Renewals, the property features recent renewals from Cato and It's Fashion.

• Infill market and established location, the highly established infill neighborhood offers a steady and growing daytime and permanent population base. 

• Growing and business-friendly metropolitan region, the Chattanooga metro area has an approximate population of 600,000 and has featured nearly 8-10x the population growth rate of the national average. 

• Walmart Supercenter & high traffic freeway adjacency - Adjacent to a high performing Walmart Supercenter & major freeway intersection. Walmart owns its own store. 

• National tenant roster, the Brainerd Market Center is leased to a high percentage of national and regional retailers such as Dollar Tree, Cato, GameStop, It’s Fashion, and City Gear. 

• Strong regional draws include the extensively renovated Eastgate Town Center, a mixed-use regional draw with newly developed homes, apartments, retail, and office uses. 

• Long term tenancy with an average tenant tenure of 12.5 years and several in place since inception.