Retail Archives - CIRE Equity Executing beyond expectations for our community Thu, 02 May 2024 16:29:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://www.cireequity.com/wp-content/uploads/2023/07/cropped-CIRE-Equity-Horizontal-CMYK-Brandmark-Only-32x32.png Retail Archives - CIRE Equity 32 32 401 Washington https://www.cireequity.com/property/401-washington/?utm_source=rss&utm_medium=rss&utm_campaign=401-washington Tue, 03 Oct 2023 18:58:54 +0000 https://www.cireequity.com/?post_type=property&p=4406 In Q2 of 2020, CIRE added a single-tenant bank portfolio comprising three Old National Banks in Indiana. This investment includes a corporately guaranteed lease from an investment-grade tenant, Old National Bank, with a Moody’s Credit Rating of Aa3. The current lease term is in place until 2022, with four five-year option periods and annual rent […]

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  • In Q2 of 2020, CIRE added a single-tenant bank portfolio comprising three Old National Banks in Indiana.
  • This investment includes a corporately guaranteed lease from an investment-grade tenant, Old National Bank, with a Moody’s Credit Rating of Aa3.
  • The current lease term is in place until 2022, with four five-year option periods and annual rent increases throughout the remaining lease term and option periods.
  • The Old National Bank location in Covington, IN, is in the immediate area of retail tenants, including Dollar General, CVS Pharmacy, Marathon, Subway, MainSource Bank, Centre Bank, U-Haul, Parish Tire & Battery Shop, Covington Foods Inc., etc.

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    ]]>         7422 Louetta https://www.cireequity.com/property/7422-louetta/?utm_source=rss&utm_medium=rss&utm_campaign=7422-louetta Thu, 24 Aug 2023 20:57:55 +0000 https://www.cireequity.com/?post_type=property&p=4330 7422 Louetta represents a unique value-add opportunity when seeking a high-quality, turn-key asset in a prime location. Through a 721 contribution, CIRE can take advantage of a 45k SF suite formerly occupied by a strong-performing LA Fitness, providing a solid foundation for a range of potential tenants. One of the key strengths of 7422 Louetta […]

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  • 7422 Louetta represents a unique value-add opportunity when seeking a high-quality, turn-key asset in a prime location.
  • Through a 721 contribution, CIRE can take advantage of a 45k SF suite formerly occupied by a strong-performing LA Fitness, providing a solid foundation for a range of potential tenants.
  • One of the key strengths of 7422 Louetta is the retrofit-to-suit agreement with EOS Fitness on a new 20-year, NNN, escalating lease. This ensures long-term and reliable cash flow, making it an attractive option for stabilizing our diversified real estate portfolio.
  • Moreover, the hard RCD date just six months after closing escrow helps limit exposure to delayed build-out and ensure timely completion of tenant improvements, further enhancing the asset’s value and income potential.
  • With zero comparable properties undergoing construction within a 5-mile radius, 7422 Louetta presents a compelling investment opportunity with a strong competitive advantage. This is further reinforced by its prime location and absence of new competitive inventory, making it a highly desirable asset for tenants and investors alike.
  • Overall, this is an excellent opportunity for CIRE when seeking a value-add asset in a prime location, with the potential to generate steady and reliable cash flow over the long term.

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    ]]>         75-5597 Palani https://www.cireequity.com/property/75-5597-palani/?utm_source=rss&utm_medium=rss&utm_campaign=75-5597-palani Thu, 01 Sep 2022 22:23:58 +0000 https://www.cireequity.com/?post_type=property&p=3666 Located in Kailua-Kona, Hawaii, on approximately ±1.67 Acres. Two parcel property includes Burger King and Fitness Forever in a high-density community area with high-income demographics. Strategic location on main access Palani Road in Kailua-Kona, near Kailua Bay, with endless waterfront activities.

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  • Located in Kailua-Kona, Hawaii, on approximately ±1.67 Acres.
  • Two parcel property includes Burger King and Fitness Forever in a high-density community area with high-income demographics.
  • Strategic location on main access Palani Road in Kailua-Kona, near Kailua Bay, with endless waterfront activities.

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    ]]>         4100 E Mexico https://www.cireequity.com/property/4100-e-mexico/?utm_source=rss&utm_medium=rss&utm_campaign=4100-e-mexico Thu, 01 Sep 2022 21:55:37 +0000 https://www.cireequity.com/?post_type=property&p=3649 This asset was originally built in 1992 and is a 23,987 SF great single-tenant opportunity. Currently, the assets are 100% leased to DSW (Designer Shoe Warehouse) and Petco. CIRE seeks to execute long-term lease renewals with the existing occupants or an accretive backfill with superior credit tenancy. The asset is located near Colorado Blvd. And […]

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  • This asset was originally built in 1992 and is a 23,987 SF great single-tenant opportunity.
  • Currently, the assets are 100% leased to DSW (Designer Shoe Warehouse) and Petco.
  • CIRE seeks to execute long-term lease renewals with the existing occupants or an accretive backfill with superior credit tenancy.
  • The asset is located near Colorado Blvd. And Interstate 25, which is one of the busiest intersections on the south side of Denver and the dominant retail node in the South Denver area.
  • The trade area is currently built out, limiting opportunities for retailers looking to penetrate this dynamic location creating high barriers to entry.

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    ]]>         20841 S State https://www.cireequity.com/property/20841-s-state/?utm_source=rss&utm_medium=rss&utm_campaign=20841-s-state Tue, 30 Aug 2022 01:46:40 +0000 https://www.cireequity.com/?post_type=property&p=3616 20841 S State presents a compelling investment, especially when seeking a highly trafficked, institutional-quality asset in a desirable location. Through a 721 contribution, CIRE can take advantage of a 42k SF vacant HHGregg anchor suite at this prime location, providing ample space for a range of potential tenants. One of the key strengths of 20841 […]

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  • 20841 S State presents a compelling investment, especially when seeking a highly trafficked, institutional-quality asset in a desirable location. Through a 721 contribution, CIRE can take advantage of a 42k SF vacant HHGregg anchor suite at this prime location, providing ample space for a range of potential tenants.
  • One of the key strengths of 20841 S State is the long-term net lease to a national credit tenant with contractual rent growth and strong financials. This ensures steady and reliable cash flow over the long term, making it an attractive option for those looking to build a stable and diversified real estate portfolio.
  • Moreover, the hard RCD date just 14 months after closing escrow helps limit exposure to delayed build-out and ensure timely completion of tenant improvements, further enhancing the asset’s value and income potential.
  • With its prime location and strong tenant demand, 20841 S State is expected to generate significant institutional interest upon exit, making it a highly liquid product to maximize returns.
  • Overall, this is an excellent opportunity for CIRE to capitalize on the demand for high-quality retail space in a prime location.

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