Retail: Cutler Bay Towne Center - Miami, Florida

Minimum Purchase: $400,000
Projected Cash-On-Cash Return: 6.75%

Cutler Bay Towne Center is a recently re-developed retail, shopping center located in Miami, Florida. The 103,566-SF center 100% leased through 2015 to Office Depot, 24 Hour Fitness, K&G Fashion Superstore, Home KO, and Party City. In addition to the strong tenant mix, the property is ideally located in one of Miami’s major retail sectors and fastest-growing areas of residential development. It is shadow-anchored by Publix Supermarket and benefits from being located across the street to the 986,760-SF Southland Mall, the only enclosed regional mall servicing South Miami-Dade County. The building recently underwent an extensive re-development including a new roof, updated façade and light fixtures. Cutler Bay Towne Center offers stable cash flow, little ongoing maintenance and, attractive appreciation potential.

Property Highlights:

• Located in one of the fastest-growing residential areas in South Miami-Dade County and across the street from the 986,760 SF Southland Mall
• Currently 100% Leased to national Credit tenants including: Office Depot, 24 Hour Fitness, and Party City
• Shadow-Anchored by Publix Supermarket
• Non-recourse Financing
• Year one Projected Cash-on-Cash return: 6.75%
• Built 1993 and Re-developed in 2007

Request Property Summary (please include your name and phone number)

Retail: Shorewood Crossing - Shorewood, Illinois

Minimum Investment: $200,000
Projected Cash-On-Cash Return: 7.10%

Shorewood Crossing is a grocery-anchored shopping center located in Shorewood, Illinois, at the intersection of Route 59 and Jefferson Street, just west of the I-55 Interchange. Shadow-anchored by the #1 grocery store in the Chicago area—Jewel-Osco, Shorewood Crossing is leased to a mix of regional and local tenants such as Fifth-Third Bank (N.A.P.), Sprint PCS, Jackson Hewitt Tax Service, and Lewis University.

Property Highlights:

• Located at the high traffic corridor of Route 59 and Jefferson Street, just 40 miles southeast of downtown Chicago
• All leases are NNN with fixed or annual increases
• Non-Recourse 10-Year fixed rate financing
• Year one projected Cash-on-Cash return: 7.10%
• Shadow anchored by Jewel-Osco, which has the largest market share in the greater chicago area
• Average daily traffic counts are 29,500 vpd along Jefferson and 18,200 vpd along Route 59
• Average household income within 3 miles is $88,637

Request Property Summary (please include your name and phone number)

Important Note Regarding Property Availabilities

We make it a point to update this blog with all the available properties we have to offer. As of today, December 10th, all properties featured on this blog posted previously to this date are currently either sold or no longer available. Everything posted after today are currently available for purchase.

These properties, as you can see, move quickly.

Office/Flex: The Metroplex Tech Center - Carrollton, TX

Purchase Price: $17,100,000
Minimum Purchase: $300,000
Cap Rate: 6.77%
Projected Cash-on-cash Return: 7.02%
The Metroplex Tech Center is located in Carrolton, TX, approximately 15 miles north of Dallas in the Quorum/Bent Tree Submarket. Close proximity to the LBJ Freeway and the Dallas Parkway allows for easy access to both Dallas/Fort Worth and Love Field Airports. Constructed in 1999, the property contains approximately 106,000 RSF currently 100% leased to four national tenants--Konica-Minolta (KNCAF), LA Fitness, ICT Group (ICTG), and Securus Technologies--who benefit from the building’s great location and upgraded electrical infrastructure which includes dual power feeds and a 2 MW generator. All leases are NNN with over 70% of the space leased through 2011 and beyond, providing owners with both stability of income and protection from increased operating expenses.

Please contact me for a full marketing brochure and further information regarding this investment.

Multifamily: Park Creek Apartments - Gainsville, GA

Multifamily: Minimum Investments Starting At $375,000.00

• Property Name: Park Creek Apartments
• Rentable SqFt: ± 194,792
• Purchase Price: $24,900,000
• Price per SqFt: $127.83/sqft
• Equity: $12,800,000
• Loan Amount: $12,100,000
• Loan-to-Value: 48.59%
• Percent Occupied: 94.47%
• Type: Multifamily

Property Description:
Park Creek Apartments is a Class A, 200-unit, garden-style luxury apartment community located in the city of Gainesville, Georgia. Constructed in 1997, Park Creek Apartments is a 10-building complex consisting of two- and three-story split residential units. The complex is currently 94.47% occupied with an average apartment size of 974 square feet and offers one-, two-, and three-bedroom floor plans that are spacious, well-designed, and meticulously maintained. Each apartment comes equipped with either a balcony or patio. Park Creek Apartments has experienced consistent rental income growth of 3% per year, while occupancy has continually outperformed the metro Atlanta rental market. This quality Property is one of Hall County's most luxurious apartment communities.

Park Creek Apartments is located off of Highway 53 (Dawsonville Highway) in an established, growing commercial corridor featuring numerous national retailers. The corridor is home to Colonial Lakeshore Mall which includes 75 specialty shops and is anchored by Sears, JCPenney, and Belk. In addition, several recently completed, upscale community centers are located at the intersection of McEver Road and Dawsonville Highway.

Property Highlights

• Class A apartment complex with meticulously maintained apartments and grounds with superb access to several main thoroughfares
• One of Hall County's most luxurious apartment communities offering spacious living and a wide variety of amenities
• Offers residents proximity to an abundance of retail and entertainment opportunities, all within walking distance
• Displayed consistent rental income growth of 3% per year, while occupancy has continually outperformed the metro Atlanta rental market

Please contact me for a full marketing brochure and further information regarding this investment.

Multifamily: Meadow Chase Apartments - West Des Moines, IA

Multifamily: Minimum Investments Starting At $150,000.00

• Property Name: Meadow Chase Apartments
• Purchase Price: $6,420,000
• Equity: $2,675,000
• Loan Amount: $3,745,000
• Loan-to-Value: 58.33%
• Percent Occupied: 92.00%
• Type: Multifamily Housing

Property Overview
Meadow Chase Apartments is an 87-unit multifamily complex with amenities that include volleyball courts, picnic area with barbecue pit and a leasing office. Interior features include washer/dryer connections in all units, patios and balconies, large storage closets, dishwashers, and double-basin stainless steel sinks.

Lease Information
Meadow Chase Apartments is an 87-unit apartment and town home community in West Des Moines, Iowa. Build in 1990, the Property consists of 13 two-story buildings which are broken into 48 two-bedroom, one-bathroom apartment units and 37 two-bedroom, one-and-a-half-bathroom town home units.There is also a leasing office with a one-bedroom apartment upstairs. Nestled in a growing residential area and surrounded by single-family homes, condominiums and apartments, Meadow Chase Apartments boasts well-manicured grounds, impeccably maintained units and unimpeded access to Interstates 80 and 35. West Des Moines is a quickly expanding area that is enjoying stable rental rates and strong occupancy levels.

Please contact me for a full marketing brochure and further information regarding this investment.

Office Building: One Executive Center - Albuquerque, NM

Five-story commercial office building: Minimum Investments Starting At $250,000.00

• Property Name: One Executive Center
• Rentable SqFt: ± 114,187.00
• Purchase Price: $13,900,000.00
• Price per SqFt: $121.73 /sqft
• Equity: $7,600,000.00
• Loan Amount: $6,300,000.00
• Loan-to-Value: 45.32%
• Percent Occupied: 90.55%
• Type: Five-story commercial office building

Property Description:
One Executive Center is a five-story, multi-tenant office building located in Albuquerque, New Mexico. Built in 1982, this Class B+ Property is approximately 114,187 square-feet and is occupied by 34 tenants. One Executive Center is the tallest building in the area and is easily recognizable due to its height and distinct architecture and boasts an attractive five-story lobby atrium. Currently 90.55% occupied, One Executive Center consists of a diversified tenant roster with no high-density tenants in the building. The current tenant mix consists of lawyers, CPAs, engineering firms, mortgage/title related offices, and some research and education groups.

Top Tenants by Total Rent:
The property has a strong historical occupancy and is currently 90.55% leased.

Please contact me for a full marketing brochure and further information regarding this investment.

Retail Complex: Fayette Town Center, Fayetteville, WV

Single-story retail complex: Minimum Investments Starting At $225,000.00

• Property Name: Fayette Town Center
• Rentable SqFt: ± 37,100.00
• Purchase Price: $7,250,000.00
• Price per SqFt: $195.42 /sqft
• Equity: $7,250,000.00
• Loan Amount:
• Loan-to-Value:
• Percent Occupied: 100.00%
• Type: Single-story retail center

Property Description:
Fayette Town Center is shadow-anchored by Wal-Mart Supercenter and Lowe's Home Improvement and provides approximately 37,100-square-feet of in-line shopping space in Fayetteville, West Virginia. The location is key to the overall success of the Property and its tenants, this is due to the regional draw of Lowe’s and the Wal-Mart Supercenter. The town center’s numerous national tenants lend credibility to the area’s potential for future growth and appreciation. The national tenants include Dollar Tree, Game Stop, Maurices, Sally Beauty Supply, Shoe Show, and U.S. Cellular.

Top Tenants by Total Rent:
With a diverse tenant roster that complements the area and caters to the large numbers of tourists, Fayette Town Center is 100% leased.

Please contact me for a full marketing brochure and further information regarding this investment.

Big Box Retail Center: 2nd Street Quad - St. Cloud, Minnesota

Single-story, Big Box retail complex: Minimum Investments Starting At $225,000.00

• Property Name: 2nd Street Quad
• Rentable SqFt: ± 113,510.00
• Purchase Price: $16,500,000.00
• Price per SqFt: $145.36 /sqft
• Equity: $8,050,000.00
• Loan Amount: $8,050,000.00
• Loan-to-Value: 51.21%
• Percent Occupied: 100.00%
• Type: Single-story, big-box retail center

Property Description:
2nd Street Quad is a single-story, big-box retail center located in St. Cloud, Minnesota. Offering approximately 113,510 square feet of rentable area, the center is currently 100% occupied with national tenants such as Dunham’s Sports, PetSmart, Petter’s Warehouse, and Northern Tool + Equipment. This location benefits from a secure and growing income stream that is supported by quality tenants, reasonable rent levels, and a truly viable retail location.

Top Tenants by Total Rent:
The property is currently 100% occupied with national tenants such as Dunham’s Sports, PetSmart, Petter’s Warehouse, and Northern Tool + Equipment.

Please contact me for a full marketing brochure and further information regarding this investment.