Acquired a 50% leased neighborhood strip center and leased it up within two months of ownership. The property was acquired at an x% cap rate and stabilized to an x% cap rate, demonstrating our ability to identify underperforming assets and rapidly unlock their income potential.
Purchased for $155,000, this mixed-use property features an upstairs residential unit leased at $925/month and a ground-floor retail space that was vacant upon acquisition. Within one month, Footage Real Estate secured a seasoned bodega tenant at $1,250/month, rapidly stabilizing the asset.
Purchased in September 2023 for $200,000 with a tenant already in place on a 10-year NNN lease at $2,500/month with 3% annual rent increases. The building features a fully built-out commercial kitchen on a highly trafficked street, delivering exceptional risk-adjusted returns.
Get In Touch
Interested in working together? Reach out today.
Email Footage Real Estate