3 unit strip center portfolio - matthews...2017/06/03 · 3 unit strip center portfolio (al | tx |...

3 U N I T S T R I P C E N T E R P O RT F O L I O

( A L | T X | A R )

E X C L U S I V E L Y L I S T E D B Y

CHAD KURZ SVP & National Director

[email protected] 214.692.2927MOB 562.480.2937LIC # 01911198 (CA)

ANDREW GROSS Capital Markets


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Offering Summary

Andrew Gross, Chad Kurz and Kyle Matthews of Matthews Real Estate Investment Services are pleased to present the Three (3) Strip Center portfolio to qualified investors. The portfolio provides potential investors for an incredible line up of three great locations, all of which are on primary retail corridors that experience significant daily traffic counts. Potential investors will benefit from a strong return on risk-adverse multi-tenant strip centers, each including NNN leases with minimal landlord responsibility. The portfolio offering provides a tremendous mix of some of the strongest national retailers, notably Starbucks, Verizon Wireless, Hibbett Sports, Dollar Tree and GameStop.

List Price $10,092,055

Cap Rate 7.25%

*These properties are available individually or as a portfolio sale.

P O R T F O L I O S U M M A R Y

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SHOPPES of PARIS

3 8 5 0 L A M A R A V E N U E PA R I S , T X 7 5 4 6 2

SHOPPES of PARIS

INVESTMENT HIGHLIGHTS

• Subject property sits directly across the street from Walmart Supercenter and benefits from phenomenal retail synergy with national tenants including McDonald’s, Applebee’s, CVS, Walgreens, Taco Bell, Starbucks, Burger King, Hobby Lobby, Panda Express, Murphy USA and more

• High performance strip center – Major tenants include GameStop and Dollar Tree, the former of which recently signed a brand new 10-year lease extension, proving its success at the location and commitment to the site

• Impressive traffic counts – this site is perfectly positioned on the Paris main thoroughfare, Lamar Ave, which sees nearly 20,000 ADT and is located directly off the exit for I-271, which sees an estimated 18,000 ADT

• This asset benefits from NNN leases, providing minimal landlord responsibility, ideal for out of state investors


Cap Rate 7.25%

EXECUTIVE SUMMARY

A T H E N S P L A Z A1 2 6 0 U S H W Y 7 2 E A T H E N S , A L 3 5 6 1 1


• With Average Household Incomes of over $92K within a 1-mile radius, the subject property is located in an affluent area just outside of the major MSA of Huntsville, Alabama

• Substantial Growth – this market has experienced over 15% growth from 2010-2016 and is projected for an additional 7% growth over next 5 years

• This property is ideally situated between two major highways – directly off the exit for I-65 and Hwy 31

• High Traffic Counts – the subject property is located on the premier traffic corridor of Highway 72 (± 34,000 ADT), which serves as the major thoroughfare between Huntsville and Athens

• Phenomenal Retail Location – nearby national retailers include: Chick-Fil-A, Dairy Queen, DaVita Dialysis, Chevron, Krystal, Applebee’s, IHOP, Pep Boys and Bojangles’, McDonald’s, Burger King and more


Cap Rate 6.80%

EXECUTIVE SUMMARY

A T H E N S P L A Z A

55 14OLIVE

5 5 1 4 S O L I V E S T P I N E B L U F F , A R 7 1 6 0 3


• This property consists of a 4-tenant strip center with national, corporate guaranteed NNN leases from all tenants: Verizon Wireless, Hibbett Sports, Rue 21 and PetSense (concept owned and operated by Tractor Supply Company)

• Center is situated directly across from Walmart Supercenter and on a major retail corridor with other national tenants including AT&T Wireless, McDonalds, Burger King, Chili’s Bar & Grill, Arby’s, Shell Gas Station and the premier hotel brand, Hampton Inn Suites

• Strong commitment from 3 national brands and opportunity for significant value-add with Rue 21 space (ability to kick tenant out with MTM lease)

• Highly trafficked retail corridor – Walmart Supercenter serves as the location for consumers, resulting in significant traffic from Interstate 530 (nearly 18,000 ADT)


Cap Rate 7.50%

EXECUTIVE SUMMARY

55 14OLIVE

55 14OLIVE

5 5 1 4 S O L I V E S T P I N E B L U F F , A R 7 1 6 0 3

SHOPPES of PARIS

3 8 5 0 L A M A R A V E N U E PA R I S , T X 7 5 4 6 2

A T H E N S P L A Z A1 2 6 0 U S H W Y 7 2 E A T H E N S , A L 3 5 6 1 1

E X C L U S I V E L Y L I S T E D B Y

CHAD KURZ SVP & National Director


ANDREW GROSS Capital Markets


™

3 U N I T S T R I P C E N T E R P O RT F O L I O

( A L | T X | A R )

3 unit strip center portfolio - matthews...2017/06/03 · 3 unit strip center portfolio (al | tx |...

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