Investment Opportunity: Portfolio of Six Grocery Chain Properties | SC & GA

Investment Summary

This unique investment opportunity consists of a portfolio of KJ’s Market IGA grocery stores across South Carolina and Georgia. Positioned in one of the fastest-growing U.S. markets, these freestanding stores are operated by Alex Lee, Inc., a leading grocery and food distribution company in the Southern United States. Located in thriving areas with limited competition, the properties ensure strong demand. Offering long-term stability, potential value growth and pricing below replacement cost, this portfolio is a compelling investment opportunity.

Locations

These portfolio properties are located along key corridors in some of South Carolina and Georgia’s fastest-growing residential areas. South Carolina and Georgia both rank among the nation’s fastest-growing states in 2023-2024. According to U-Haul’s Growth Index for 2024, South Carolina has become the top growth state for the first time based on the net gain of one-way U-Haul customers moving to the state. In 2024, over 51.7% of U-Haul traffic in South Carolina was arrivals, indicating a significant influx of residents. Georgia also experienced growth, moving up to 15th place. This upward trend reflects the broader pattern of migration to the Southeast, as individuals and families seek favorable cost of living, job opportunities and quality of life. In contrast, California remained at the bottom of the list for the fifth consecutive year, experiencing the greatest net loss of U-Haul customers. This highlights a continued out-migration from certain regions in the Northeast, Midwest and West Coast.

For more information...

Visit the property website to view and complete the confidentiality agreement. Once the confidentiality agreement is executed, your request will be reviewed, and you will receive access to the full Offering Memorandum.

Questions?

Download the flyer and contact the listing brokers: Rox Pollard, John Gressette and Rox Pollard III.