Land Sites
01.
Property
Site Size
1 to 3 acres (1 to 2 acres for urban fringe, 2 to 3 acres for suburban).
Type
Standalone sites or outparcels/pads at existing grocery centers or other large-format shopping centers.
Visibility
High visibility sites, ideally corner locations at signalized intersections.
Access
Minimum two points of ingress and egress from the major N/S and E/W intersection roads.
Signage
Ability to accommodate tall pylon signs at each entrance.
02.
Economics
Deal Sizes
Under $1M per acre.
03.
Location
National Focus
Strongest retail nodes of top 50 MSAs with initial focus on IL/Midwest, CO, GA, TX, and opportunistic elsewhere.
Auto-Centric Trade Areas
Urban-fringe and suburban communities.
Major Intersections
High traffic counts, ideally on major commuting pathways.
04.
Demographics
High-Growth
Robust population growth, ideally in markets with strong suburban trade areas.
Density
Dense community population or significant daytime population.
Income
Attractive household incomes with thresholds varying based on trade area density and geographic pull.
05.
Structure
Existing Improvements
Will acquire sites requiring demolition of existing improvements.
Ground Leases
Will acquire sites subject to long-term ground lease structures.
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