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Ted Dowding
Managing Principal
United States
COVERED LAND PLAYS "Cashflowing Dirt" Under $114/sf |$50M 1031
Client 1031Description:
ACTIVE 1031 CRITERIA Any Big Box Retail Assets with shorter term leases for a potential redevelopment play down the road if the tenant doesn't renew the lease.
1031 Equity to Replace: $50,000,000
Min. Price: $5,000,000
Max. Price: $20,000,000
CAP Min: 5.25% +
Lease Term: Less than 8 years preferred.
Lease Type: Any
Preferred Sector (s): Big Box, Grocery, Shopping Centers, Multi-Family, Multi-Tenant Retail
Locations of Interest: Nationwide
Preferences: Below Market Rents, High Traffic Count, Low Price Per SF, Low Rent Per SF, Portfolios, Redevelopment Plays, Covered land Land Plays "Cash-flowing Dirt".
Additional Details: Under $114/SF is ideal. Prefer land plays, "covered land plays" or distressed retail on expensive land that needs repositioning.
Will also look at 100+ Unit Multi-Family Deals.
Listing Types:
Price Range :
Locations:
Details:
Commercial Listing Platform Partner of the National Association of REALTORS®
