Highlights

• Strong upside potential through leasing up 9,410 SF of vacancy that is not listed for lease online.
• Food Lion performs very will with 2020 sales north of $16,000,000 ($495 PSF) featuring a healthy Rent/Sales ratio of 1.45% and a 32% increase from 2019 ($12,117,652 - $375 PSF.)
• Food Lion recently invested approximately $250,000 to renovate its store as a part of its larger program of store upgrades.
• Ownership spent $325,000 in capital improvements - See page 15

Roof & Parking Lot

• Half of the parking lot was repaved 4 years ago and the other half was repaved 2 years ago. In 2017, the roof was replaced on the smaller retail shops. The roofs on Food Lion and Dollar Tree are original.