ExchangeRight has launched a new value-add platform with the full subscription of its Value-Add Portfolio 1 DST.
Value-Add Portfolio 1 is a $23.31 million portfolio of inline and outparcel retail properties shadow anchored by long-term net-leased and strong-performing grocery tenants. The offering includes five shopping centers shadow anchored by GIANT, Publix and Giant Eagle, spanning 136,454 square feet across four states.
The portfolio’s properties exhibit in-place cash flow beginning at 5.55 percent with the potential to provide capital preservation and upside through proactive management. The portfolio’s holdings represent an 80.7-percent occupancy based on the offering’s gross leasable area.
“During the economic turbulence caused by the pandemic, we discovered an opportunity to provide investors with advantageous pricing for portfolios of properties that are shadow-anchored by strong grocery tenants that feature longer-term upside potential,”said
