1031 Exchange TIC Property: Cranberry Business Park; Cranberry Township, PA

Min. Purchase: $150,000.00
Max. Purchase: $400,000.00
Loan to Value: 45.83%

100 Cranberry Business Park is a two-story, commercial office building located in the Pittsburgh, Pennsylvania metropolitan area. The Property is approximately 21 miles from the Pittsburgh Central Business District and approximately 40 minutes from the Pittsburgh International Airport. 100 Cranberry Business Park is currently 90.53% occupied with five tenants. The tenants include Combined Insurance, General Motors, GMAC, RTA Group, and UPMC Services.

We will accept a $90,176.63 position in this property at this time.

Request Executive Summary for this property

1031 Exchange TIC Property: Breckinridge Exchange - Breckinridge Boulevard Duluth, GA 30096

Min. Purchase: $300,000.00
Loan-to-Value: 49.19%

The property is located within the Northeast Atlanta submarket. The Atlanta MSA is one of the most rapidly growing urban areas in the country, and has been consistently ranked as one of the top markets for business across the nation.

Breckinridge Exchange is currently 92.02% occupied with 16 tenants. The noteworthy leaseholders occupy 45.6% of the net rentable square footage and include Prince Aga Khan, MAG Mutual Healthcare, AID Gwinnett, Inc., and Becton Schantz, Inc.

Request Executive Summary for this property

1031 Exchange TIC Property: Anderson Station ♦ Anderson (Greenville), South Carolina

Credit-Tenant-Anchored Retail Power Center

Minimum TIC Investment $350,000

Located at 100 - 186 Station Drive, Anderson, SC 29261, Anderson Station Shopping Center is a 243,663 square foot retail power center located in Anderson, South Carolina. The property is anchored by a prominent lineup of national retailers including Bed Bath and Beyond, Old Navy, Ross, H.H. Gregg, Hobby Lobby, Pier 1, Party City, Dollar Tree and Shoe Carnival.

Anderson Station is strategically located at the west corner of US 76 and the Highway 28 Bypass, positioned in Anderson as part of the Anderson Greenville-Spartanburg MSA with a population of approximately 936,000. Anderson County also offers the most reasonable residential housing in the MSA and a very affordable cost of living. Anderson County boasts corporate commitment with companies such as BASF, Ryobi Motor Products Corp., Michelin Tire and Allied Signal. The primary trade area includes 271,215 residents with an average household income of $48,886. In addition to the strong corporate commitments, Anderson Station serves the tourist and year-round residences to the southwest at Lake Hartwell.

• $32,654,360 acquisition price (approx.)
• $13,944,000 equity investment (approx.)
• 6.82% CAP rate (approx.)
• 7.00%+ year one cash-on-cash yield(pro forma) (approx.)
• Built in 2001
• 243,663 Total Leasable Square Feet
• 92.60% occupancy (as of 12/22/05)
• Anchored by Bed Bath and Beyond, Old Navy, Ross, H.H. Gregg, Hobby Lobby, Pier 1, Party City, Dollar Tree and Shoe Carnival
• Located in sub-market with Lowe’s, Target, Wal-Mart, Publix, K-Mart, Best Buy, Michaels, Office Depot, Circuit City, TJ Maxx, and various other national and regional retailers
• Over 85% of the property’s square footage is leased by nationally
  recognized tenants

Contact me for further details and/or property photos.

1031 Exchange TIC Property: Legacy Country - Pearl, MS

2 single-story commercial flex buildings

Min. Purchase: $200,000.00
Loan to Value: 0%

The buildings are approximately 9.2 miles from the Jackson Central Business District and approximately 2.5 miles from the Jackson International Airport. Legacy Country is currently 100% occupied with four tenants. The current occupants are UPS Logistics, IKON Office Solutions, ADT Security, and Infusion Partners, Inc.

Request Executive Summary for this property

1031 Exchange TIC Property: Palmer Town Center - Easton, Pennsylvania

Minimum TIC Investment $350,000

Located at 721 S 25th Street, Easton, PA 18045,(Approximately 5 miles from New Jersey and 75 miles from New York and Philadelphia), Palmer Town Center is a grocery-anchored shopping center containing 153,400 square feet and conveniently located at the intersection of William Penn Highway and 25th Street. The Center is newly constructed and its anchor tenant, Giant Foods, opened on February 23, 2005. Giant Foods' 20 year lease is guaranteed by its parent company Royal Ahold, which maintains an S&P credit rating of BB-. Giant Foods consists of nearly 40% of the base rent. Additionally, over 79% of the GLA is comprised of national and regional retail tenants.

Palmer Town Center is shadow anchored by a 97,895 square foot Home Depot. The Center is situated within one of the most active growth areas in the Lehigh Valley. Other national and regional tenants include A.J. Wright (TJX Companies), Hollywood Video, LA Weight Loss, Dairy Queen, Regis Corporation, Aspen Dental and Bear Rock Cafe.

Due to its location at an interchange for Route 22, Palmer Township has evolved into a popular retail destination. This area contains approximately 1.0 million square feet of retail space consisting of numerous national and regional retailers including Wegman's, Wal-Mart Supercenter, Weis, Boscov's and Bon-Ton.

• $40,810,000 acquisition price
• $17,875,200 equity investment
• 6.32% CAP rate
• 6.51% year one cash-on-cash yield (pro forma)
• Anchored by Giant Foods, one of the Northeast Region’s dominant grocers and Shadow Anchored by Home Depot (NAP)
• Brand New Construction
• Total leasable square feet – 153,400
• 90.83% occupancy (as of 10/5/05)
• Over 79% of the GLA is comprised of national and regional retail tenants.
• National Tenants with excellent lease

Contact me for further details and/or property photos.

1031 Exchange TIC Property: Price Plaza Katy (Houston), Texas

Credit-Tenant-Anchored Retail Power Center

Minimum TIC Investment $700,000

Located at 20200 Katy Freeway, Katy, Texas 77450, Price Place is a 205,818 square foot retail power center located in Katy, Texas; a high growth suburb located approximately 25 miles west of downtown Houston. Price Plaza Shopping Center is anchored by a prominent lineup of national retailers including Best Buy, Babies’ R Us, Ross Dress for Less, Linens N Things and Party City. Separately owned anchors include Super Wal-Mart, Sam’s Club and Home Depot.

Trade area demographics reveal an exceptional dense and affluent market that demand the shopping experience Price Plaza satisfies. Demographically, within a 5-mile radius the population consists of 138,289 residents possessing an average household income of $101,330.

Price Plaza benefits from its strategic location at the intersection of Interstate 10 (Katy Freeway) and Fry Road in the heart of Katy’s retail corridor. Additional area retailers include Target, HEB Grocers, Kroger, Kohl’s, Petsmart, Office Max, TJ Maxx and many other national tenants.

• $37,620,000 acquisition price
• $15,888,600 equity investment
• 6.12% CAP rate
• 6.06% year one cash-on-cash yield (pro forma)
• Built in 1999 – 2001
• Total Leasable Square Feet – 205,818
• 100% occupancy (as of 8/17/05)
• Anchored by Best Buy, Babies “R” Us, Linens ‘n Things, Ross Dress for Less and Party City
• Excellent Location along Interstate 10 and Fry Road generates 194,000 vehicles by the property each day
• Over 90% of the property’s square footage is leased by nationally recognized tenants

Contact me for further details and/or property photos.

1031 Exchange TIC Property: Brendan Way - Greenville, SC

Min. Purchase: $175,000.00
Loan-to-Value: 36.28%

Brendan Way is located in the Greenville, South Carolina metropolitan area. The property is approximately 4.4 miles from the Greenville Central Business District and approximately 6.8 miles from the Greenville-Spartanburg International Airport.

Brendan Way is currently 95.38% occupied with four tenants. The tenants include Dixon Hughes, PLLC, URS Corporation, Henderson Advertising, and Matrix Rehabilitation.

Request Executive Summary for this property

1031 Exchange TIC Property: Brookfield Pelham; Greenville, SC

Min. Purchase: $500,000.00
Max. Purchase: $1,250,000.00
Loan to Value: 49.51%

Brookfield Parkway is located within a corporate business park with other tenants including Ford Motor credit, MetLife, and Verizon Wireless. The location is approximately 8.8 miles from the Greenville Central Business District and approximately 6.7 miles from the Greenville-Spartanburg International Airport. Pelham @ Hyland is approximately 10.4 miles from the Greenville Central Business District and approximately 2.9 miles from the Greenville-Spartanburg International Airport. Brookfield Parkway is currently 100% occupied with a single, national credit tenant, Lockheed Martin Corporation. Pelham at Hyland is currently 89.69% occupied with 10 tenants. The noteworthy leaseholders include Centex Homes, Becker Enterprises, Global Performance, LLC, and Gerber Childrenswear, Inc.

Request Executive Summary for this property