Carlie C's Portfolio Summary Flyer...Executive Summary Carlie C's Portfolio Name Anchor Tenants...

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211 East 43 rd –7 th Floor | New York, NY 10017 | 646-838-3000 | cleeman.com ALTHOUGH ALL INFORMATION REGARDING PROPERTY FOR SALE, RENTAL OR FINANCING IS FROM SOURCES DEEMED RELIABLE SUCH INFORMATION HAS NOT BEEN VERIFIED, AND NO EXPRESS REPRESENTATION IS MADE NOR IS ANY TO BE IMPLIED AS TO THE ACCURACY THEREOF, AND IT IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE. Carlie C's Portfolio Summary Flyer Purchase Price: $10,265,600 (10.00% CAP) Total Square Footage: 229,931 SF Total Properties: Three For f urther inf ormation contact: Michael Cleeman, President 646.693.0936 [email protected] Occupancy: 92% Broker of Record: Income Properties of Raleigh Inc (NC License #52915) Investment Type: Grocery Anchored Portfolio For Sale Anchor Tenant: Carlie C's Exclusive Offering

Transcript of Carlie C's Portfolio Summary Flyer...Executive Summary Carlie C's Portfolio Name Anchor Tenants...

Page 1: Carlie C's Portfolio Summary Flyer...Executive Summary Carlie C's Portfolio Name Anchor Tenants Address City, State NOI Occupancy Leasable Area 1. Jordan Plaza Carlie C's, Citi Trends

211 East 43rd – 7th Floor | New York, NY 10017 | 646-838-3000 | cleeman.com

ALTHOUGH ALL INFORMATION REGARDING PROPERT Y FOR SALE, RENTAL OR FINANCING IS FROM SOURCES DEEMED RELIABLE SUCH INFORMATION HAS NOT BEE N VERIFIED, AND NO EXPRESS REPRESENTATION IS MADE NOR IS ANY TO BE

IMPLIED AS TO THE ACCURACY THEREOF, AND IT IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE.

Carlie C's Portfolio Summary FlyerPurchase Price:

$10,265,600

(10.00% CAP)

Total Square Footage:

229,931 SF

Total Properties:

Three

For f urther inf ormation contact:

Michael Cleeman, President

646.693.0936

[email protected]

Occupancy:

92%

Broker of Record: Income

Properties of Raleigh Inc

(NC License #52915)

Investment Type:

Grocery Anchored Portfolio For Sale

Anchor Tenant:

Carlie C's

Exclusive Offering

Page 2: Carlie C's Portfolio Summary Flyer...Executive Summary Carlie C's Portfolio Name Anchor Tenants Address City, State NOI Occupancy Leasable Area 1. Jordan Plaza Carlie C's, Citi Trends

Executive SummaryCarlie C's Portfolio

Name Anchor Tenants Address City, State NOI Occupancy Leasable Area

1. Jordan Plaza Carlie C's, Citi Trends 332 Northeast Blvd Clinton, NC $642,399 90% 111,903 SF

2. Lakewood Plaza Carlie C's, Roses Express 315 NC-24 Roseboro, NC $151,706 89% 56,823 SF

3. Shamrock Plaza Carlie C's (x2) 1111 Sunset Ave Clinton, NC $232,455 100% 61,205 SF

Totals: $1,026,560 92% 229,931 SF

CRG Exclusive Offering

1. Jordan Plaza

2. Lakewood Plaza

3. Shamrock Plaza

3. Free-standing Carlie C's (part of Shamrock Plaza)

Page 3: Carlie C's Portfolio Summary Flyer...Executive Summary Carlie C's Portfolio Name Anchor Tenants Address City, State NOI Occupancy Leasable Area 1. Jordan Plaza Carlie C's, Citi Trends

Tenant OverviewCarlie C's Portfolio

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Founded: 1961

Headquarters: Dunn, North Carolina

Store Locations: 25 (+/-)

Website: ww.carliecs.com

Carlie C’s:

Founded in 1961, Carlie C's is an IGA grocery store chain headquartered in Dunn, North Carolina, and is the largest of its kind in the state. As of May 2017, the chain had 25 locations in the Raleigh-Fayetteville region of the state. Its stores offer various food, beverage, and meat products, as well as other grocery items. The company’s stores also feature restaurants, pharmacies, digital photo labs, seafood departments, and organic and ethnic food sections. In addition, it sells and rents gas grills for large cookouts and church gatherings.

Page 4: Carlie C's Portfolio Summary Flyer...Executive Summary Carlie C's Portfolio Name Anchor Tenants Address City, State NOI Occupancy Leasable Area 1. Jordan Plaza Carlie C's, Citi Trends

Property Photos

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Jordan Plaza

Page 5: Carlie C's Portfolio Summary Flyer...Executive Summary Carlie C's Portfolio Name Anchor Tenants Address City, State NOI Occupancy Leasable Area 1. Jordan Plaza Carlie C's, Citi Trends

Property PhotosLakewood Plaza

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*Pre Carlie C’s transformation

*Pre Carlie C’s transformation

*Pre Carlie C’s transformation

Lakewood Plaza

Page 6: Carlie C's Portfolio Summary Flyer...Executive Summary Carlie C's Portfolio Name Anchor Tenants Address City, State NOI Occupancy Leasable Area 1. Jordan Plaza Carlie C's, Citi Trends

Property PhotosShamrock Plaza

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Page 7: Carlie C's Portfolio Summary Flyer...Executive Summary Carlie C's Portfolio Name Anchor Tenants Address City, State NOI Occupancy Leasable Area 1. Jordan Plaza Carlie C's, Citi Trends

Property PhotosShamrock Plaza

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College Street(Part of Shamrock Plaza entity)

*Pre Carlie C’s transformation

Page 8: Carlie C's Portfolio Summary Flyer...Executive Summary Carlie C's Portfolio Name Anchor Tenants Address City, State NOI Occupancy Leasable Area 1. Jordan Plaza Carlie C's, Citi Trends

Carlie C's PortfolioOffering-Memorandum

211 East 43rd – 7th Floor | New York, NY 10017 | 646-838-3000 | cleeman.com

ALTHOUGH ALL INFORMATION REGARDING PROPERT Y FOR SALE, RENTAL OR FINANCING IS FROM SOURCES DEEMED RELIABLE SUCH INFORMATION HAS NOT BEE N VERIFIED, AND NO EXPRESS REPRESENTATION IS MADE NOR IS ANY TO BE

IMPLIED AS TO THE ACCURACY THEREOF, AND IT IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE.

Michael Cleeman, President

646-693-0936

[email protected]

Broker of Record: Income

Properties of Raleigh Inc

(NC License #52915) Exclusive Offering

For further information contact: