Investment Type:
- Asset repositioning and value enhancement opportunities
- Redevelopment opportunities
- Stable multi-tenant NNN properties
- No Land, Multi-Family, Single Tenant, or Metal Buildings
Acquisition Price: $5,000,000 – $25,000,000
Asset Class:
- Office: Suburban low and mid-rise with 15%+ vacancy or under-market rents – Class A, B, or C
- Retail: Anchored or unanchored strip. Class B or C with a need for renovation/repositioning
- Industrial: Multi-tenant warehouse distribution, not manufacturing. Need at least 3 tenants, with no single tenant exceeding 50%.
- Flex: Multi-tenant with good frontage.
Region:
- Tampa, FL metro area
- Birmingham, AL metro area
Investment Period: 3-20 years
Targeted Yields:
- Current Pay – 5%
- Leveraged IRR – 12-15%
Brokers: We acknowledge and appreciate the help of brokers.
