Sarofim

Value Added Retail

Sarofim Realty Advisors seeks value added retail acquisitions nationwide. Following is an overview of our acquisition criteria:

Type
Neighborhood and grocery-anchored shopping centers of at least
85,000 square feet with upside potential.

Trade Area

Proven infill location with the following demographics:

Population
Density
Avg. Household Income
1-mile
15K    
> $50,000
3-mile
50K    
> $50,000
5-mile
150K    
 > $50,000 

Deal Attributes
- Below-market rents                        
- Significant vacancy                         
- Redevelopment potential              
- Re-tenanting opportunity               

Deal Structure
Flexible. Will purchase for cash but can assume debt.

Return Criteria
Leveraged IRR of at least 13.0% based on a three-
to five-year hold.

Minimum Deal Size
85,000 square feet and $15M

Client Key