KGI 3 Retail Portfolio_Property for Sale
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

...

Attributes

Building area gross
23,551 sm
Occupancy
98%
WALT
6.2 years
KGI 3 Retail Portfolio (3 Properties)
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 


  • 6.2 Years WALT across the portfolio 


  • Value-Add Opportunities at all three properties 


  • Low Cost Basis 


  • Limited Capital Requirements
KGI 3 Retail Portfolio 4_Property for Sale
KGI 3 Retail Portfolio 4_Property for Sale

Contact brokers

Similar properties

View moreChevron Right
Do you have any questions? Visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. E-Mail us today to see how we can help achieve your ambitions.
Last updated
Aug 9, 2024