Multi-Tenant Retail Investment Criteria

Asset Criteria

  • Target Purchase Price: $3 to $50 million range. (No deal is too small).
  • Areas of Interest: Texas, Southeast, Midwest, Florida, and East Coast.
  • Initial cap rate commensurate with risk and location usually above 7%.
  • We are open to assuming financing.
  • Below market rents and upside through leasing is a plus.
  • Looking for strong markets with out excessive vacancies. Can be strong locations in secondary markets or rapidly developing locations.
  • Not interested in dying markets prefer stable and growing markets.
  • Middle income+ demographics.
  • Interested in strong positioning along prime retail corridors.
  • Grocery anchor preferred but not necessary.
  • Some national tenants a plus but not required in a neighborhood center.
  • Centers with outparcels that can be sold are a plus.