Southland Crossings CRE Investment Webinar

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Join First National Realty Partners’ founder and managing principal, Anthony Grosso, as he presents a company overview, the benefits of investing in grocery-anchored commercial real estate, and unveils one of our recent acquisitions, Southland Crossings.

First National Realty Partners, one of the nation’s premier sponsors of commercial real estate partnerships, is proud to present the opportunity to invest in a grocery-anchored, multi-tenant shopping center located in Boardman, Ohio. Southland Crossings is a 91% occupied, institutional quality, market dominant, 245,678 square foot grocery-anchored shopping center.

Southland Crossings is anchored by a Giant Eagle that generates strong annual sales of $47 million dollars, which is over $613 dollars per square foot. This center also features many other high quality, national tenants including Michaels, Bob’s Discount Furniture, PetSmart, Ross, Designer Shoe Warehouse, and more.

This property will provide investors with the opportunity to earn long-term cash distributions with exciting potential for upside through the execution of several value-add tactics.

Projections:

  • 12.7% Targeted Annual Return
  • 8.4% Targeted Avg. Annual Cash Distribution
  • 1.7x Targeted Equity Multiple
  • $28.4mm Purchase Price
  • 5-Year Targeted Hold