KGI 3 Retail Portfolio_Property for Sale

Various locations

KGI 3 Retail Portfolio

Portfolio description

JLL Capital Markets is pleased to exclusively offer the opportunity to acquire the KGI 3 Portfolio (the “Portfolio”), consisting of one grocery anchored and two necessity-oriented retail centers in New England. The Portfolio is anchored by a strong-performing Shaw’s Supermarket, along with a complementary mix of national credit tenants including a Stop & Shop Master Lease, Marshalls, Tractor Supply, Goodwill, Dollar Tree, and Family Dollar. The Portfolio is being offered at a significant discount to replacement cost. There are below-market in-place rents, and densification opportunities, which will allow investors to push returns over time.

The KGI 3 Retail Portfolio consists of three Properties: Ellsworth Shopping Center in Ellsworth, Maine, Mountain Valley Plaza in Gorham, New Hampshire and Crossroads Plaza in Warwick, Rhode Island. The Properties are being offered for sale "a la carte." Investors have the opportunity to acquire single assets, a sub-portfolio or the full portfolio.

NH Broker of Record

John Linell

NH 059056

ME Broker of Record

Brooks Murphy

ME License - DB923984

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Attributes

Building area gross

23,551 m²

Occupancy

98%

WALT

6.2 years

KGI 3 Retail Portfolio (3 Properties)

Media

Investment Highlights

253,503 SF, three shopping centers located in high barrier to entry markets

Portfolio is 98% leased and nearly 93% of the income is from national, credit tenants including Shaw's Supermarket, Stop & Shop (master lease), Marshalls, Tractor Supply, Dollar Tree and Family Dollar