Brandon Hakimi
Director of Investment Sales
Net Leased Retail
Client WantDescription:
1) Immediate need for multiple Net Leased Retail Properties throughout the country
- Must have investment grade tenants, preferably publicly traded companies
- Would consider small markets
- Prefer STNL but would consider multi-tenanted
- Cap Rates of 7.5% or higher
2) Immediate need for Grocery Anchored Centers Nationwide
- Maximum 85% occupancy
- Grocer must have sales of over $400 PSF
- Minimum 7.5% Cap Rate considered
3) Immediate need for Retail Centers (Shopping Centers, Malls, Outlet Centers) and Medical Office Buildings
- Nationwide, secondary and tertiary markets considered
- Must be minimum 9% Cap Rate and less than $80 PSF
- Willing to accept risk including rollover and credit risk
- Any size, any price
- Willing to buy all cash and non-refundable deposit
4) Over 30 Properties for Sale - www.biltcommercial.com
- Shopping Centers, Office Buildings, and Single Tenant Net Leased Properties
- Properties located in the New York Boroughs/Long Island and across the country