Shoping Center Core Acquisition Criteria

Shoping Center Core Acquisition Criteria

 
Communities that typically serve as the hub for business, local, government, recreation, and shopping for a surrounding rural region.

CRITICAL PROPERTY CRITERIA
  1. Dominant shopping center within the community served
  2. Anchored center with credit worthy tenants
  3. Gross leasable area greater than 50,000 square feet
  4. City population greater than 5,000 or service area greater than 25,000
  5. Greater than 30 miles from a major metropolitan area
 
KEY BUYING ADVANTAGES
  1. Tax efficient transactions through IRS Section 368(a)1(B) Tax Free Exchange or Cash/Equity Taxable
  2. High Equity – Low Debt up to 65% Non – recourse LTV maximum.
  3. Flexible to most situational needs

SUBMISSION CRITERIA
  1. Price – Recognized Independent Appraised Value
  2. Current Rent Roll with 2 Years Financials
  3. Gross Sales Reports for Anchor Tenants
  4. Site Plan

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