HIGH TRAFFIC RETAIL OPPORTUNITY

INVESTMENT HIGHLIGHTS

• Opportunity to Maximize Value: With all 5 tenants currently on modified gross leases, an investor is offered a prime opportunity to streamline operations, lower expenses, and boost NOI through lease restructuring.
• Below Market Rents: The existing leases are below market rates, presenting an additional value-add opportunity for a buyer to increase rental income through lease adjustments or new terms, further enhancing the property’s value.
• Short Term Leases: With three tenants on month-to-month leases and another tenant having just ±1.5 years of term left, a buyer is provided with flexibility to either retain the current tenants or bring in new tenants of their choice at market rent.
• High-Traffic Area: Surrounded by a mix of national and local businesses, commercial properties, and densely populated residential neighborhoods, ensuring strong tenant demand.
• Strong Demographics: This property offers excellent visibility as the 5-mile population is over 900,000 and in addition to the local businesses, this site offers a community feel provided by the local outdoor shopping, community parks, and dog parks.
• Strong Growth Potential: Located in a thriving retail corridor with excellent exposure, making it an ideal investment for long-term appreciation and income growth.