Franklin Street Signs Lease for Aaron’s Gen5 Store of The Future at Market Square Shopping Center in Douglasville, Georgia
First Aaron’s Gen5 Store of The Future to open in the state of Georgia
Atlanta, Ga. (July 21, 2020) – Franklin Streetannounced that Aaron’s Gen5 Store of The Future will open its first Georgia location at Market Square Shopping Center in Douglasville, Georgia.
Franklin Street’s Retail Landlord Leasing team, Sam Kruger and Kaitlyn Theriot represented SITE Centers in the transaction.
“We’re extremely proud to continue to drive NOI for our client through our ability to backfill big box spaces,” said Sam Krueger, Director, Franklin Street. “Aaron’s is a concept that we are extremely confident in and believe can thrive in the current economy.”
Aaron’s Gen5 Store of The Future will occupy 24,920 square feet at the shopping center. The concept includes new façade details, exterior finishes and interior sales areas. “This new store design is a great example of an omnichannel retailer adapting to shifts in consumer preferences,” said Kaitlyn Theriot, Senior Associate, Franklin Street. “It will feature software that gives customers the opportunity to custom-build their furniture, on-site quick approval processes to eliminate long lease-to-own wait times, the ability to order in-store and receive items from an off-site fulfillment service, and thus optimize the consumer experience.”
Located at 9503 Highway 5, Market Square Shopping Center is a 125,281 GLA shopping center in Douglasville, GA. The center has 21 units occupied by a diverse range of retailers, including: Hopebridge Autism Center, Super Sunny Beauty, Pet Supermarket, AT&T and YouFit Health Club. The center sees over 1 million visitors per year and is in the 76th percentile of shopping centers within a 15-mile radius.