MULTI-TENANT RETAIL
Concorde Group Holdings, in partnership with its network of capital partners, is a value-add real estate developer looking to revitalize properties. We are actively seeking acquisitions in the multi-tenant retail center building category with the following characteristics:
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Property Type - Class A, B and C shopping centers and neighborhood retail assets in high visibility, high density and high-trafficked population areas. Property condition, tenant mix and demographics *do not* need to be superlative! Town Centers such as our www.DellagioCenter.com location.
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Deal Size - From $4M to $50M
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Region – Core Major Metro Areas of Atlanta, Orlando, Tampa Bay, Palm Beach, Broward and Miami-Dade Counties, Puerto Rico
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Size – 35,000 to 300,000 square feet.
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Fundamental Considerations -
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Great ingress/egress
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Neighborhood Retail means NO Big Box or Soft Goods. Internet Resistant.
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Traffic Counts not less than 20,000 vehicles per day. Sweet spot at 40K – 70K
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City Centers or strong suburban areas. No rural at this point.
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“Go Dark” tenants are not deal breakers
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Parking needs to be 4.5 / 1000 or above