Friday, August 31, 2007

Retail Complex: Fayette Town Center, Fayetteville, WV

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

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  • 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.

Thursday, August 30, 2007

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

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

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  • 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.

Wednesday, August 22, 2007

Retail Complex: Carolina Commons - Calabash, North Carolina.

Three-building, single-story retail complex: Minimum Investments Starting At $150,000.00

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  • Property Name: Carolina Commons
  • Rentable SqFt: ± 50,400.00
  • Purchase Price: $8,070,000.00
  • Price per SqFt: $160.12 /sqft
  • Equity: $4,070,000.00
  • Loan Amount: $4,000,000.00
  • Loan-to-Value: 49.75%
  • Percent Occupied: 100.00%
  • Type: Three-building, single-story retail complex

Property Description:
Carolina Commons is a Food Lion anchored, retail complex located in Calabash, North Carolina. Built in 2000, this three-building complex is approximately 50,400 square feet and is currently 100% occupied, with Food Lion occupying approximately 33,000 square feet. The remaining 17,400 square feet consists of national and local retailers, as well as some medical tenants such as CS Healthcare, Coastal Rehab, and Brunswick Community Physicians. The tenant leases are staggered with no heavy concentration of roll in any given year, not including the long-term Food Lion lease. This Class A neighborhood retail complex is situated along north-south Highway 17 (H-17), approximately one mile from the North Carolina-South Carolina border at the northern edge of the Myrtle Beach/Grand Strand (60 miles of beach-front development). The Property is located approximately 10 miles northeast of North Myrtle Beach and approximately 25 miles northeast of downtown Myrtle Beach. H-17 offers an ideal location for businesses because it is the area’s major highway corridor and has traffic counts exceeding 29,000 vehicles per day. Carolina Commons has tremendous visibility from H-17 and is managed by a signalized light allowing easy access to the Property. The area is experiencing modest residential growth and is characterized by great seafood and a proliferation of golf courses.

Top Tenants by Total Rent:
This is a Food Lion anchored, neighborhood retail complex with a diverse tenant roster that includes national and local retailers, as well as medical tenants.

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

Friday, August 03, 2007

Winchester Office Building: Murray, Utah

Three Story Office Building: Minimum Investments Starting At $150,000.00

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  • Property Name: Winchester Office Building
  • Rentable SqFt: ± 45,289.00
  • Purchase Price: $10,500,000.00
  • Price per SqFt: $231.84 /sqft
  • Equity: $4,950,000.00
  • Loan Amount: $5,550,000.00
  • Loan-to-Value: 52.86%
  • Percent Occupied: 100.00%
  • Type: Three-story office building

Property Description:
Winchester is a Class B+ office building in Murray, Utah, a suburb of Salt Lake City. The three-story office building was built in 1997 and is a multitenant property containing 45,289 square feet and is 100 percent leased. The Property consists of a garden level and two stories above ground level. The garden level contains office suites, an exercise room, showers, and storage. The remaining square footage of the building is built out with professional office space. The main lobby is two stories tall and opens up to skylights and chandeliers, with attractive red tile floors in the main lobby and second floor lobby. The Property offers covered parking and an adjacent parking lot, supplying tenants and clients ample parking.

Top Tenants by Total Rent:
100 percent leased with diversified tenants and a rent roll that is well dispersed with no concentrated roll years.

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

Retail Center - Lifestyle Center: Shelby Township, Michigan

Single Story Retail Center: Minimum Investments Starting At $150,000.00

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  • Property Name: Lifestyle Center
  • Rentable SqFt: ± 41,622.00
  • Purchase Price: $10,550,000.00
  • Price per SqFt: $253.47 /sqft
  • Equity: $4,477,500.00
  • Loan Amount: $6,072,500.00
  • Loan-to-Value: 57.56%
  • Percent Occupied: 93.85%
  • Type: Single story retail center

Property Description:
Lifestyle Center is an approximately 41,622 square foot retail center located in the heart of Shelby Township, one of Michigan’s fastest growing areas. Built in 2005-2006, the Property enjoys tremendous positioning in the city’s main retail corridor and is situated in the thriving Shelby Township with an average household income of more than $79,500 within a three-mile radius. Nearby, there are a number of new condominiums being constructed, as well as a large live/work development to the west of Lifestyle Center. Also in the near distance are a substantial number of high-income housing subdivisions.

Top Tenants by Total Rent:
Almost every tenant has signed a personal guaranty on their lease, with the newest tenant, Family Entertainment, having already paid two full years of rent. This is due to the ideal location and access of the property. The property is 93.85% leased.

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

Thursday, August 02, 2007

Single-Story, Retail Power Center - Stony Brook: Louisville, Kentucky

Single-Story, Retail Power Center: Minimum Investments Starting At $400,000.00

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  • Property Name: Stony Brook South
  • Rentable SqFt: ± 144,632.00
  • Purchase Price: $27,200,000.00
  • Price per SqFt: $188.06 /sqft
  • Equity: $13,100,000.00
  • Loan Amount: $14,100,000.00
  • Loan-to-Value: 51.84%
  • Percent Occupied: 100.00%
  • Type: Single-story, retail power center

Property Description:
Stony Brook South is a prime suburban, retail power center located in Louisville, Kentucky. This premier, single-story Property was built in 2001 and is comprised of approximately 144,632 square feet of highly visible, prime retail space. Stony Brook South is further complemented by numerous national and regional tenants including, Dick’s Sporting Goods, Marshall’s, Dress Barn, and PetSmart.

Top Tenants by Total Rent:
Stony Brook South is 100% leased. It is anchored by highly recognized, national tenants and further complemented by strong regional tenants.

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