Big Box Retail Center Case Study
Highlights in the Case Study
Four buildings enclosing 300,000 square feet
600,000 square foot parking area
Increased Cash Flow in 1st year- $1,295,674
The $15,000,000 property had a home center, 2 home furnishing tenants, a specialty grocery store, a mattress retailer and 4 foodservice tenants. There were four buildings enclosing 300,000 square feet. There was approximately 600,000 square foot parking area which included asphalt, concrete, sidewalks, curbs, underground rainwater runoff and landscaping that could be treated as Land Improvements. The interior retail/food service spaces had millwork, data, point-of-sale, vinyl flooring, decorative light, electrical, plumbing and HVAC that could be treated as Personal Property.