Acquisitions
anchor’s acquisition criteria
Anchor focuses on the acquisition and management of commercial retail properties throughout the US with a strategic focus on the Southeast and Midwest.
Our acquisitions team seeks Core+ and Value Add retail assets that meet the various criteria below.
Deal Types (Fee Simple): Single Assets, Portfolio’s, and Loan Buyout’s
Shopping Center Acquisition Criteria:
1) Pricing: Up to $20M
2) GLA: +40,000 SF
3) Min. Cap Rate: 8%
4) Population: +30K Within 5 Miles
5) Traffic Count: +15K CPD
6) Average HH Income: +$50K Annually
7) Existing Vacancies: Desired
8) Retail Focus: Discount, General Merchandise, Hardware, Furniture, Etc.
Small Shop (Or Single Tenant) Acquisition Criteria:
1) Pricing: Up to $5M
2) GLA: 2,500 to 10,000 SF (No Max for Single, Credit Tenants)
3) Min. Cap Rate: 7% with long-term value creation potential
4) Population: +25K Within 3 Miles
5) Traffic Count: +20K CPD
6) Average HH Income: +$50K Annually
7) Current Economics: Below Market Rents + Expiring Term
8) Tenant Uses: Automotive, Childcare, Paint Supply, Mail/Print, Other.
9) Trade Area: Stabilized, Growing, Future Potential
If you know of a property that you think would benefit from our investment or fit our criteria please use the form below to connect with us!