West Ridge Shopping Center

Investment Highlights

WEST RIDGE SHOPPING CENTER | 1.2M ANNUAL VISITS
• The subject property is a 170,203 square foot grocery anchored retail center located in Atlanta, GA
• The center is anchored by a #1 Wayfield Foods in the chain
• 70% of the shopping center is occupied by National & Regional Tenants like CitiTrends, O’Reilly Auto Parts, Rainbow, Wayfield Foods and more
• Attractive Intown Atlanta Demographics | 3 Mi. Pop: 58,865 | HHI: $72,218 | Growth: 3%
• High Traffic Corridor | Intercept position of I-20 (163,000 VPD ) | I-285 (250,000 VPD) | MLK (20,600 VPD)
• Ranks #54/175 shopping centers in a 10 mile radius
Ranks ahead of:
• Krog Street Market
• Lee and White
• Disco Publix
• Vinings Village
• Shops Around Lenox

WAYFIELD FOODS | GROCERY ANCHORED CENTER
• West Ridge Shopping Center is anchored by Wayfield Foods, which comprises approximately 34% of the GLA
• Wayfield Foods is a regional grocery chain with a 43 year history, founded in 1982 with 7 stores throughout the Atlanta metropolitan area.
• The company is known for serving value-conscious consumers with a focus on fresh meats, produce, and more

HIGH PERFORMING GROCER | #1 WAYFIELD FOODS IN CHAIN
• #1 Wayfield Foods in the chain (Placer.ai)
• 2023 Sales: $23.9M
• Health Ratio: 1.7%
• Ranks #38/174 grocery stores in a 10 mile radius
• Ranks ahead of:
• Publix (Cheshire Bridge Rd)
• Publix (West Peachtree)
• Publix (West Paces Ferry)
• Whole Foods (Northside Pkwy)
• Sprouts (Cumberland Mall)

STRONG NATIONAL/REGIONAL TENANTS | 55% OF GLA (EXCLUDING WAYFIELDS)
• West Ridge Shopping Center has a strong national/regional tenant lineup, including O’Reilly Auto Parts, Citi Trends, Rainbow, Hibbett Sports, and more
• O’Reilly Auto Parts, a publicly traded Fortune 500 company (NASDAQ: ORLY) with an S&P investment-grade credit rating of BBB, has been in business for over 65 years, operates more than 6,000 stores across 48 states and Mexico.
• Citi Trends is a publicly traded company (NASDAQ: CTRN) that operates over 600 stores in 33 states, primarily in underserved urban and rural communities
• Citi Trends has been in business for over 75 years and focuses on value-priced urban fashion apparel, accessories, and home goods for the entire family
• Rainbow Shops is a privately held fashion retailer that has been in business for over 85 years, offering affordable apparel, footwear, and accessories for women, juniors, and children across more than 1,000 store locations in the United States.