Join First National Realty Partners' Co-Founders & Managing Principals Anthony Grosso & Chris Palermo as they unveil our most recent acquisition, Cedar Center South.
This center is a 91% occupied, Whole Foods-anchored shopping center located in University Heights, Ohio that can provide investors with a long-term cash distribution opportunity and an exciting potential for upside through the execution of several value-add tactics.
+ 11.3% Targeted Internal Rate of Return
+ 6.95% Targeted Avg. Annual Cash Distribution
+ 2.3x Targeted Equity Multiple
+ $38.75mm Purchase Price
+ 10-Year Targeted Hold
WHY WE LOVE THIS DEAL
+ Anchored By a Dominant Whole Foods with a Long Term Lease & Strong Sales
+ Second Most Visited Whole Foods in the State
+ Dominant Junior Co-Anchors
+ Strong Market Demographics
+ Sits on a Hard Corner with 60,000+ VPD
+ Several Opportunities for Value Add
Thu, Apr 22, 2021, 8:00 pm
- 9:00 pm
Eastern Time (US & Canada)
Duration: 1 hour
Who can attend
Anyone with the event link can attend
Dial-in available? (listen only)
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Anthony Grosso is Co-Chairman, Managing Principal and Founder of First National Realty Partners, one of the nations leading commercial Real Estate private equity firms. Mr. Grosso has been involved in all phases of FNRP’s development since its...