1031 Exchange Requirement - Retail
Riverstone Commercial Real Estate is exclusively representing a Texas-based 1031 Exchange Buyer who is looking to acquire a Multi-Tenant Net Leased Retail asset(s) to satisfy their 1031 Exchange. The Buyer is looking for replacement property(s) with values between $3,000,000 - $7,000,000 with NNN Leases with strong credit. Buyer will consider Value-Add opportunities.
BUYER CRITERIA
- Price: $3,000,000 to $7,000,000
- Property Type: Multi-Tenant Net Leased
- Market: Texas
- Lease Type: NNN
- Lease Terms: 3+ Year Lease Minimum
- Fee Simple
- Cap Rate: Minimum of 6.50% cap rate
- ID Period Ends: May 15th, 2024
* Off-Market Properties Preferred *
Please forward all information to: Jim Jones - Managing Partner
O: 979.431.4400 | info@riverstonecos.com
Location Specific Info
Countries:
States: Texas
Additional Info
Property Types: Big Box Retail,Convenience Center,Convenience Store,Gas Stations,Lifestyle Center,Mall,Neighborhood Center,Open Air Center,Outlet Center,Theme/Festival Center,Power Center,Regional Center,Super Regional Center,Restaurant,Single Tenant Retail (NNN),Mixed Use,Street Retail,Strip Center,Free Standing Building