four anchored retail investment opportunities … · 2019. 3. 29. · four anchored retail...
TRANSCRIPT
SRS REAL ESTATE PARTNERS3445 Peachtree Rd NE, Suite 950 | Atlanta, GA 30326 | 404.231.2232This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM/IPG
Anchor TenantsPROPERTY TYPEFour Retail Assets
TOTAL GLA467,358± SF
LAND AREA54.72± AC
AVERAGE OCCUPANCY91.95%
DEBTSee OMs for Details
PORTFOLIO PRICEMarket to Establish
COMBINED JUN 2019 (AS-IS) ACTUAL NOI$2,509,129
LOCATIONSNew Smyrna Beach, FLNorth Augusta, SCDothan, AL Danville, VA
Overview
ContactKYLE STONIS, CCIM | Managing Principal, IPG 678.420.1393 | [email protected] License No. 000090497-0 FL License No. SL3210522 SC License No. 73438
PIERCE MAYSON | Principal, IPG404.231.4696 | [email protected]
DAVID H. WIRTHVA License No. 225298340
Property LinkSRSRE.COM/SERetailPortfolio
EXCLUSIVELY PRESENTED BY SRS INVESTMENT PROPERTIES GROUP
FOUR ANCHORED RETAIL INVESTMENT OPPORTUNITIES
Southeast Retail PortfolioFlorida, South Carolina, Virginia, Alabama
This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM/IPG
SRS REAL ESTATE PARTNERS3445 Peachtree Rd NE, Suite 950 | Atlanta, GA 30326 | 404.231.2232
FOUR ANCHORED RETAIL INVESTMENT OPPORTUNITIES
Southeast Retail PortfolioFlorida, South Carolina, Virginia, Alabama
LOCATIONAERIAL
Investment HighlightsSOLID, NATIONAL CREDIT ANCHOR MIXAssets are characterized by a quality mix of national anchors which comprise an average of 75% per Property GLA, with 82.9% overall national retailers across the Portfolio
VALUABLE NATIONAL OUTPARCELS INCLUDEDOffering includes several lucrative, national outparcels: Taco Bell, Sonic Drive-In, Ruby Tuesday and Virginia Bank & Trust along with multiple opportunities for additional outparcel development
STRONG OPPORTUNITY TO ADD VALUEThere is a multifaceted opportunity to grow the NOI across the Portfolio via the lease-up of 38,300± SF of existing space as well as the development or sale of multiple outparcel pads
MAJOR LEASING MOMENTUMExcellent leasing momentum within the Portfolio includes two (2) 10-year leases with Planet Fitness (one executed, one pending) – bolstering anchor bases with internet-resistant retailers which create a significant daily consumer draw
STNL HOME DEPOT ASSET INCLUDED Portfolio includes a valuable single-tenant-net-leased asset, ground leased to The Home Depot – the largest home improvement retailer in the U.S. with investment grade credit