Our latest PeerRealty investment is an opportunity to participate in the acquisition of a stabilized retail community center in Homewood, IL which is anchored/shadow anchored by quality national tenants, including Walgreens, Starbucks, Ace Hardware, Panera Bread and Bank of America.
Key Deal Points:
Strong historical occupancy (95%-100%).
Value-add potential as both anchor tenants' current leases are significantly below market rate.
Low acquisition price per foot of $93 per square foot. This is materially below replacement cost.
For more information on this offering, visit PeerRealty.com.