Thomas Thomsen

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Buy-Side Broker

Vice President of Sales & Leasing

Nyla Group LLC

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Broker

Is Looking For

Value-Add Multi Tenant Retail (50%-80% Occupancy) | $3,000,000

Client Want

Description:

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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