INVESTMENT HIGHLIGHTS
STRONG ANCHOR TENANT: Hocking Mall is anchored by Tractor Supply Co. Tractor Supply Co recently extended their lease demonstrating their commitment to the site and the market. Tractor Supply has eight (8) years remaining on their lease with four (4), 5-year renewal options. All of the leases include rent increases in the primary term or renewal options, offering an attractive increase in income and hedge against inflation.
LONG TERM OCCUPANCY: All of the tenants at the Hocking Mall have been in the center for more than 10 years. Cashland and Cheap Tobacco have both occupied this center for 18 years, Los Amigos de Jackson, and Tractor Supply has been at the center for more than 11 years.
SIGNIFICANT UPSIDE: Hocking Mall offers significant upside through the lease up of 61,126 square feet of vacant space. available spaces are versatile and can be configured to accommodate a variety of store sizes providing a larger prospective tenant pool. The Property’s desirable location adjacent to a signalized intersection and Kroger should help attract area retailers looking to expand into this market.
