We are writing to provide qualified accredited and institutional investors the opportunity to consider an investment in a stabilized, heavily cash flowing, 220,000 sf, fully leased, luxury lifestyle center in a prime NJ location which is just minutes from Midtown Manhattan. The investment amount is $1 to $10 million pursuant to crowdfunding rules and regulations.
This transaction will pay a 9% current return and the property is located in one of the most densely populated retail and office areas in the tristate NYC area. This highly successful lifestyle retail center enjoys below market, long term credit quality leases which will provide you with excellent recurring cash flow. Certain of the high quality credit tenants at the property include Bank of America, Starbucks, Chipotle, Pier One, Ernest & Young, Chili’s, Red Lobster, and many others.
The investment is a recapitalization with the existing ownership who will remain in place and who are committed to further increasing value through the re-positioning of certain areas of the property coupled with re-letting the existing tenancy on a mark to market of the below market rents.
We invite you to contact the undersigned by email or phone should you have any questions regarding the transaction.
Thanks and we look forward to hearing from you.
Howard L. Michaels