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

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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

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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.