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Retail Space Rental • Prime Location: Retail space totaling 1,850 square feet, split into two units of approximately 925 square feet each. • High Visibility and Traffic Count: Ideal for businesses looking to thrive in a suburban setting. • Monthly Rent: $3,000 for a competitive edge in the market. • Versatile Space: Perfect for shops, cafes, and more. Customize to fit your business needs. Business for Sale with Seller Financing • Seller Financing Available: Step into ownership smoothly. • Well-Equipped Venue: Includes a newly installed type 2 hood system. • Business Details: Known for superior espresso and full licenses for beer, wine, and liquor. • Thriving Operation: Operates as a bakery and bar/tavern. • Offer Price: $179,900 with affordable lease terms. Package Deal—Business and Building • Includes both the business and building, priced at $779,800. • Multi-Use Building: Features four units—two retail spaces on the first floor and (2) 2-bedroom apartments on the second floor. • Total Space: 3,700 square feet of combined commercial and residential area. • Rental Income: Apartments currently rented—one furnished at $1,600 and one unfurnished at a friend rate of $1,000. Presented BY: eAgent Real Estate Berger Business Brokerage 440-667-4246 STRICT CONFIDENTIALITY QUARANTEED Residential & Commercial Real Estate Property Management Business Brokerage/Consulting Business, Residential, Commercial & Seller Financing Liquor Permit Transfer Assistance https://lnkd.in/eEUbZpGA

Bussel Realty Retail Services Leases 4,000 SF of Retail Space For New Sherwin-Williams Store at 200 K. Johnson Boulevard North in Bordentown, New Jersey Bussel Realty Corp. (BRC), a leading industrial/retail real estate services firm in New Jersey, leased 4,000 square feet of retail space at 200 K. Johnson Boulevard North in Bordentown, New Jersey, on behalf of Sherwin-Williams. The leading paint manufacturer opened its new retail store this month.   Chandler Vanderbeek, vice president, and Connor Vanderbeek, vice president, of BRC Retail Services represented Sherwin-Williams in the transaction. The landlord, K. Johnson Development Group, recently developed the new 14,000-square foot retail strip center.   Sherwin-Williams joins several other leading retailers such as Dollar Tree, Learning Experience and Cube Smart Self Storage at this newly constructed retail center in the heart of Bordentown.   Totaling 130,000 square feet, Team Campus Phase II located at 200 K. Johnson Boulevard North in Bordentown, New Jersey offers great highway visibility and easy access to Routes 130 and 206, I-295 and the New Jersey Turnpike.   About Sherwin-Williams The Sherwin-Williams Company delivers the best in paint and coatings products to the world. Every day, the firm’s more than 64,000 employees provide the energy and experience to build on its track record of success – enabling the company to innovate and grow in new and exciting ways. With its people as the foundation of the company, Sherwin-Williams offers industry-leading innovation, value-added service and expertise, and differentiated distribution to its growing base of professional, industrial, commercial and consumer customers.   About Bussel Realty Corp. With one of the largest dedicated industrial brokerage staffs in New Jersey, Bussel Realty Corp. (BRC) is a leading industrial/retail real estate services firm located in Central New Jersey with individual memberships in the Society of Office & Industrial Realtors (SIOR). BRC provides leasing and sales brokerage services to users, corporate occupiers, landlords, retailers, owners, and investors, representing millions of square feet of property and tenant client assignments annually. The firm’s clients have included several of the largest Fortune 500 Companies, as well as numerous manufacturing, distribution, retail and services companies both nationally and locally. Currently, BRC is handling in excess of three million square feet of corporate and industrial real estate in New Jersey. #busselrealty #commercialrealestate #commerciallisting #commerciallistings #commercialproperty #commercialspace #commercialrealestate #commercialleasing #commercialleasingagent #njcre #retailspace #retailrealestate #retaillease #newjerseyretail #northernNJ

Milwaukee's retail sector can best be described as "evolving" and has gone through signifcant physical changes over the past twenty years in response to ever-changing consumer shopping trends. Nowhere is this more evident than when looking at regional mall trends over the years. In 1999, eight traditional regional malls existed across the metro. Today, only three remain. While Milwaukee had been an active market for retail demolitions and conversions prior to the pandemic, the increase in construction costs seen over the past few years have also impacted this once-active segment. However, several recent announcements point to easing cost increases and a resurgency of demolitions in the market. This bodes well for Milwaukee, which remains one of the most overbuilt retail markets in the country - boasting the second-highest volume of retail inventory per capita in the nation. Ongoing and planned demolitions at Northridge Mall, Brookfield Square, and Southridge Mall will not only help rightsize the market, but will also help re-activate retail deadzones with a mix of uses (primarily much-needed housing), highlighting the continuing changing relationship between consumers and brick-and-mortar retail. Check out my latest article below 👇

From ICSC Despite challenges posed by higher interest rates and construction costs, rising retail demand has spurred robust reinvestment in existing shopping centers. Retailers are willing to pay higher rents, making redevelopment viable even in a challenging economic environment. Key Highlights: Retail Demand: Retailers are eager to expand, viewing higher rents as manageable against growth opportunities. This demand is illustrated by the rapid backfilling of vacant spaces like Bed Bath & Beyond stores. Redevelopment Examples: Companies like DLC Management Corp. and CBL Properties have been retrofitting vacant big boxes and anchor spaces with new tenants, including Floor & Decor, Crunch Fitness centers, and medical training centers. CBL Properties is also developing pad sites and undeveloped outparcels. Higher Rents: Rent spreads between old and new leases are significant, with Brixmor Property Group reporting a 39% average increase in rents for new leases. Their redevelopment efforts include dividing or demolishing vacant boxes and developing outparcels. Acquisition Opportunities: Acquisitions provide substantial redevelopment opportunities. Brixmor Property Group and Phillips Edison & Company are leveraging acquisitions to remerchandise spaces and build on outparcels, targeting grocery-anchored centers for their strong demand. Future Outlook: Retailers are planning site acquisitions for 2025 to 2027, driven by a need to grow amidst limited new supply. Fast-casual restaurants, health and beauty, medtail, and service-oriented retailers are leading this demand.

Discover Pinehurst Retail Building: Prime Commercial Opportunity in Northgate Address: 11552 15th Ave NE, Seattle, WA, 98125 Property Overview: Introducing the Pinehurst Retail Building, a premier commercial real estate opportunity located in the bustling Northgate area of Seattle. Positioned on the highly trafficked 15th Ave NE, this property offers a lucrative investment for entrepreneurs, developers, and investors alike. Listed at $2,975,000, this versatile space promises strong potential returns and a strategic foothold in a thriving commercial hub. Key Features: Price: $2,975,000 Size: 5,656 SF on a 16,259 SF lot List Price Per SF: $525.99 Net Operating Income (NOI): $78,830 Cap Rate: 2.65% Zoning: NC2-55 (M), ideal for mid-rise development Occupancy Type: Single Tenant Property Details: The Pinehurst Retail Building is an exceptional structure with a distinctive half-barrel roof design, providing an expansive and flexible open floor plan. The ground floor features dual ADA restrooms and a utility closet, ensuring maximum utility for various business needs. An additional 900 sq. ft. on the second floor further enhances the building’s versatility. The lot also hosts a long-standing food truck tenant, boasting over a decade of successful operation, adding an attractive cash flow component for potential buyers. The property’s prime location and existing tenants make it a perfect candidate for both immediate use and future development. Financial Summary: Total Income: $98,832 Total Expenses: $20,002 Net Operating Income: $78,830 Real Estate Taxes: $18,002 (2024) Investment Highlights: Strategic Location: Situated in the vibrant NE Seattle area, surrounded by malls, theaters, sports arenas, and coffee shops. Development Potential: Zoned NC2-55 (M) with flat terrain, ready for mid-rise construction. Flexible Usage: Wide open floor plan suitable for various commercial purposes. Established Tenants: Continuous income stream from two retail tenants, including a popular food truck. Why Invest in Pinehurst Retail Building? This property offers a unique opportunity to capitalize on the growth and development of the Northgate area. Whether you are looking to buy and hold for steady rental income or develop a new commercial space, the Pinehurst Retail Building provides the flexibility and potential to meet your investment goals. The strategic location and existing cash flow make it an attractive option for savvy investors. Contact Information: To learn more about this property or to schedule a viewing, please contact the listing broker. Watch the Video Tour: https://lnkd.in/e3CWcEmQ #CommercialRealEstate #SeattleRealEstate #InvestmentOpportunity #RetailSpace #NorthgateSeattle #PropertyForSale #RealEstateInvestment #DevelopmentOpportunity #EntrepreneurialInvestment #CommercialProperty

Friedman Real Estate Leases Retail Space in MI to Coffee Shop Read the full article below..

“The smart retailers haven’t stopped expanding. They know that if they wait, it’s only going to get more expensive.” Sure, but is this sustainable? As advisors we all need to be monitoring AUV's, construction costs and tenant pipelines to make sure that we are picking the right deals for our owners and occupiers. This article is very insightful but I am reminded of the industrial bubble in Southern California that is in various stages of bursting depending on the submarket. There is demand, and therefore deals, but we all need to be focused on making the right deals, not just closing. #icsc #retailrealestate #jllretail #orangecountyretail #southerncaliforniaretail #restaurantrealestate #retaildevelopment #jllretailOC https://lnkd.in/g5bbXdcR

Retail demand is surging after nearly two decades of stagnant shopping center development, driving significant reinvestment in existing centers. Despite challenges like higher interest rates and construction costs, expansion-minded retailers are willing to pay the higher rents necessary to support redevelopment. Brian Finnegan, COO of Brixmor Property Group, highlights: "One of the advantages that we have is that our centers have a low rent basis. They’re generally older and well-located, so when we’re putting capital to work, we’re doing it accretively and are able to bring rents to market rate." Brixmor plans to reinvest $150 million to $200 million annually in its properties, focusing on developing outparcels and remerchandising vacant spaces. This strategy has led to impressive rent spreads, with the average rent spread between old and new leases reaching 39% in the first quarter.

Just Launched! The Paul-King-Redd team is excited to present Cottonwood Plaza, a 31,109-sf, strip center anchored by the Utah State Liquor Store. Cottonwood Plaza is located in Cottonwood Heights, a highly affluent suburb of Salt Lake City, Utah. Cottonwood Plaza’s tenant roster is highly resilient to e-commerce and changing consumer demands, featuring two restaurant concepts, essential services, and the coveted liquor store anchor-tenant. The property is currently 89.8% occupied with multiple tenants on below-market, month-to-month leases, featuring 3.77 years of WALT. Cottonwood Plaza presents an immediate value-add component. There has been an under collection of CAM recoveries at the property, allowing the next owner to seamlessly increase NOI. The greater Salt Lake retail market is incredibly strong, featuring astonishing year-over-year rent growth of 8.7% as of Q2 2024. In addition, according to CoStar, Salt Lake is severely supply constrained with less than 0.5% of existing retail inventory being developed in the last five years, positioning Cottonwood Plaza for excellent growth for years to come. The average household income within a 1-mile radius of the property is an immense $143,229, contributing to a robust retail market. The asset is situated on Fort Union Blvd, a highly trafficked retail corridor featuring average daily traffic of approximately 31,000 vehicles. For pricing and further details, please reach out to me, Kip Paul, or Michael King to discuss. Link to Flyer ➡https://lnkd.in/gYe_y-sj

Major ISPT retail centre sold $126.95m by JLL and Stonebridge Property Group The trophy sale of Eastgate Bondi Junction (Eastgate) to Charter Hall was finalised in the final days of 2023, providing confidence throughout retail capital markets. JLL’s Nick Willis and Sam Hatcher alongside Stonebridge’s Carl Molony, Philip Gartland and Justin Dowers handled the divestment of Eastgate on behalf of ISPT’s Core Fund that has held the asset for almost 30-years. Mr Nick Willis said “ We are seeing a major resurgence of local and offshore institutional capital for retail given the positive fundamentals and relative returns the sector is providing. Carl Molony said “the covenant strength and income weighting toward major tenants at Eastgate – being Coles, ALDI, Kmart and Dan Murphy’s – drove high levels of interest amongst core buyers. Additionally, there was further opportunity to reposition larger tenants upon lease expiry and extract value for capital that wanted to underwrite the additional risk and upside. Sam Hatcher said “rising construction and debt costs is leading to record low forecast floor space supply. For assets such as Eastgate that sit in one of Australia’s most tightly held and expensive land value locations, the ability to replicate an asset of this scale is near-impossible. This was a key factor for capital engagement during the campaign to drive total returns in their financial underwrites.” Ben Ellis Matthew Brown Chris Chapple Malcolm Kemp Amanda Steele Andrew Nicol Kate Mathewson Sarah Renouf Sean McMahon Tom Moreland Rorey James Hamish Cameron Justin Dowers Kate Johnstone Shawn Luo Julian White Daniel Kernaghan Hannah Brisbane Michael Antarakis Sam Linden Lachlan Kellock RETalk Asia #jll #jllaus #stonebridge #retailinvestment #retailrealestate #shoppingcenters #ispt #charterhall #retailproperty #sydneyre #realestateinvesting