欢迎了解美国阿拉巴马州弗洛伦斯房产
The Shopping Center Group, LLC公司很高兴为您提供Cox Creek Station，这是一个区域电力零售中心，位于阿拉巴马州（Alabama）劳德代尔县（Lauderdale County）佛罗伦萨（Florence）Hough路（Hough Road）以北的Cox Creek Parkway（以下简称“物业”）。佛罗伦萨位于阿拉巴马州北部亨茨维尔（Huntsville）以西60英里处。经济涵盖了政府（县政府所在地）、制造业、医疗保健、电力（田纳西河流域管理局）和高等教育（北阿拉巴马大学）等多个方面。 Cox Creek Station由一栋建筑组成，占地10.87英亩，总面积为101,501平方英尺。该物业位于繁荣的综合性零售节点地段，附近有零售商店家得宝（Home Depot）、大众超级市场（Publix Supermarket）和Kohl's and Sam's Club，对面就是区域购物中心。 在Cox Creek的租户名单中，90.1%的租户属于全国连锁商店，包括Ross Dress for Less、Bed Bath&Beyond和Jo-Ann Fabrics。 目前物业出租率为93.3%（注意：唯一的空房是Shoe Carnival后面的闲置空间）。 Cox Creek Station最初建于1984年，是一家沃尔玛超市，2000年重新开发成为一个多租户中心。物业的最近一次翻新是在2009年，并采用了目前的租户模式，整个屋顶于2017年进行更换，还在保修期内。Cox Creek Station为投资者提供了一个独一无二的机会，您将获得一笔定位合理、表现强劲的零售资产，其租金低于市场租金，服务于一大片区域性贸易区，拥有无限的发展潜力。该物业将于2月25日星期一至2月27日星期三进行拍卖。标示起拍价为2,500,000美元。
欢迎了解美国阿拉巴马州弗洛伦斯房产
The Shopping Center Group, LLC is pleased to present Cox Creek Station, a regional power retail center located along Cox Creek Parkway just north of Hough Road in Florence, Lauderdale County, Alabama (the “Property”). Florence is located in Northern Alabama 60 miles west of Huntsville. The economy is a diverse mix of government (county seat), manufacturing, healthcare, power (TVA) and higher education (University of North Alabama). Cox Creek Station comprises one building totaling 101,501 square feet on 10.87 acres. The Property is part of a dynamic, integrated retail node with shadow retailers Home Depot, Publix Supermarket, Kohl’s and Sam’s Club and opposite the regional mall. Cox Creek features a tenant roster that is 90.1% national including Ross Dress for Less, Bed Bath & Beyond and Jo-Ann Fabrics. Currently Property is 93.3% leased (note, the only vacancy is unused space behind Shoe Carnival). Cox Creek Station was originally constructed in 1984 as a Walmart and redeveloped into a multi-tenant center in 2000. It was most recently renovated in 2009 into its current tenant format and the entire roof was replaced in 2017 and is under warranty. Cox Creek Station offers an investor the unique opportunity to acquire a well-positioned, strong performing retail asset with below market rents and outparcel upside potential serving a wide regional trade area.
FINANCING INFORMATION:
Long-term CMBS fixed rate financing is available from Starwood Mortgage Capital (SMC) for the acquisition of this property. Starwood Mortgage Capital is a direct lender and is a wholly owned subsidiary of Starwood Property Trust, Inc. (NYSE: STWD) and LNR Property LLC.
CMBS Long-Term Fixed Rate Loan
- Up to $4,500,000
- 10-year loan term
- 30-year amortization
- Highly competitive interest rates; call for current rate quotes
- No origination fee
- Non-recourse, except for standard CMBS non-recourse carve-outs
- SMC will issue pre-qualification letters subject to review of Bidder qualification forms (refer to the SMC Financing Qualification Instructions in the Due Diligence tab). Ten-X will count an SMC pre-qualification letter towards a Bidder’s proof of funds when registering to bid for this auction.
For more information and to qualify, please refer to the term sheet and complete the forms found in the “SMC Financing Info” folder located in the Due Diligence Documents tab.
For additional details, please contact:
Steve DeRose
(305) 695-5845
sderose@starwood.com
No agreement (whether written, oral or otherwise) that may be reached during negotiations with respect to financing the Property, nor any course of dealing between the parties, shall constitute a commitment by SMC to lend or otherwise be binding upon the parties unless final binding loan documents have been executed, delivered and accepted by all parties (in which case such agreements shall be binding only to the extent the Loan actually closes). SMC is under no obligation to fund the Loan. This property will be auctioned on Monday, February 25 - Wednesday, February 27 . The price displayed is the starting bid amount of $2,500,000. For information and to register to bid on this property, please visit Ten-X.com.
