|
OFFERING PRICE:
$4,518,000
CURRENT OCCUPANCY:
100%
|
|
|
|
INVESTMENT HIGHLIGHTS
|
• |
Regional Retail Location – Located in the heart of a dominant retail hub with a synergistic surrounding tenant line up including: Home Depot, Kohl’s, La-Z-Boy, Sam’s Furniture Outlet, O’Reilly Auto Parts, US Bank, IHOP, Carl’s Jr./Green Burrito, Radio Shack, Wingstop, Circle K and others
|
• |
Commuter Route Frontage – Property boasts more than 630 feet of frontage on primary north/south commuter route, Pantano Rd (37,600 CPD)
|
• |
Below Market Lease Rates – 100% of the project is leased at lease rates below current market rates
|
• |
Improving Returns – Due to embedded rental increases, the NOI is expected to increase more than $102,394 (33%) over the anticipated hold period, providing an inflation hedge compared to many “flat” STNL investments
|
• |
NNN Recapture – All tenants feature NNN leases, and in some cases, with administration fees recovered, resulting in few, if any landlord capital responsibilities – operating costs reside with the tenants, not the landlord |
|
|
CLICK HERE TO DOWNLOAD OFFERING MEMORANDUM
|
FOR MORE
INFORMATION
PLEASE CONTACT:
|
| |
|
|
|
|
You may also unsubscribe by calling toll-free +1 877 CBRE 330 (+1 877 227 3330).
Please consider the environment before printing this email.
CBRE respects your privacy. A copy of our Privacy Policy is available online. For California Residents, our California Privacy Notice is available here. If you have questions or concerns about our compliance with this policy, please email PrivacyAdministrator@cbre.com or write to Attn: Marketing Department, Privacy Administrator, CBRE, 200 Park Ave. 19-22 Floors, New York, NY 10166.
Address: 2100 McKinney Ave Suite 700, Dallas TX 75201
THIS IS A MARKETING COMMUNICATION
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE.
All of CBRE's COVID-19 related materials have been developed with information from the World Health Organization, the Centers for Disease Control & Prevention (and similar global organizations), public health experts, industrial hygienists, and global subject matter experts across CBRE and our strategic suppliers. Our materials may not be suitable for application to all facilities or situations.
Ultimately, occupiers and landlords must make and implement their own reopening decisions for their individual stakeholders and facilities. CBRE's guidance is intended to help facilitate those discussions and expedite the implementation of those decisions once made by the client. We make no representations or warranties regarding the accuracy or completeness of these materials. CBRE cannot ensure safety and disclaims all liability arising from use of these materials.
|
|