Buy-Side Broker
Thomas Thomsen
Vice President of Sales & Leasing
Broker
Is Looking For
Value-Add Multi Tenant Retail (50%-80% Occupancy) | $3,000,000
Client WantDescription:
Multi-Tenant Retail 5,000SF - 50,000SF
In any market, including small tertiary markets (50k + pop. within 5mi - Prefer Midwest/Southeast)
50-80% occupancy day 1, Prefer each vacancy less than 5,000 SF
Less than $3M
Prefer built after 1980
Good location + ingress & egress
7.5% - 12% Cap on in-place NOI
Can close quickly
Listing Types:
Retail
Price Range :
Under $3,250,000
Locations:
Wisconsin, USA
Minnesota, USA
Illinois, USA
Ohio, USA
Michigan, USA
Indiana, USA
Kentucky, USA
West Virginia, USA
Virginia, USA
North Carolina, USA
South Carolina, USA
Georgia, USA
Florida, USA
Alabama, USA
Tennessee, USA
Details:
Cap Rate:
Over 7.5%
SQFT:
5,000/sqft to 50,000/sqft
Last Updated: 02/18/2020
Created: 2020-02-18T19:02:34Z
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