Southgate Center

Min. Investment$50,000

Target IRR12%-12.75%

Offered By

First National Realty Partners (FNRP) is a private equity firm that focuses on investing in high-traffic, grocery-anchored commercial real estate. FNRP employs a strict set of qualification criteria that investments must meet before they can be considered for inclusion in FNRP’s portfolio. The company focuses on acquiring properties with long-standing, national tenants, especially within necessity-based markets. Some of the largest tenants currently occupying properties owned by FNRP include Publix, Kroger, Whole Foods, Walmart, Lowe's McDonald's and Starbucks.

Historic Returns

13.5% - 45% net IRR

Investor Types

Real Estate Syndication

Min. Investment

$50,000

Property Types Available

Grocery Anchored Shopping Centers

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Do you think Southgate Center is a good investment?

YES

Southgate Center is an institutional quality, 209,280 square foot grocery-anchored shopping center. Southgate Center is anchored by a 69,000 square-foot Giant Eagle Food Store, an American grocery store chain.

Terms

Min. Investment$50,000

Target IRR12%-12.75%

Target Return12 - 13%

Property TypeGrocery Anchored

Target Hold Period3 - 5 years

Target Cash Yield6 - 6.5%

Close DateTBD

Benzinga's Take

Southgate Center features a high-quality national tenant roster including a Giant Eagle, Dunham’s Sports, Petco, Dollar Tree, IHOP and H&R Block bank. FNRP believes there’s value opportunity by extending the leases, growing rents, and the lease up of the 5,280 sf of vacant space.

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