Property Profile

  • Grocery-anchored, neighborhood shopping centers
  • 50,000-300,000 square feet
  • Centers with #1 or #2 grocer in market

Location Profile

  • Nationwide
  • Strong demographics: incomes and population count above the market average
  • Highly trafficked areas
  • Markets with economic stability and projected growth

Tenancy Profile

  • Best in class national or regional grocery retailers
  • Strong national tenant lineup, combined with high performing regional and local businesses
  • At or below market rents 

Economic Profile

  • $5M to $30M
  • Stabilized assets with opportunity to create value via lease restructuring, tenant merchandising, and outparcel development or sales
  • 50% of SF or NOI generated from grocer

The Essential Growth Properties Advantage

  • 110 years of collective experience in retail real estate
  • Local property management expertise on a national scale through partnership with 1045 Inc.
  • Intimate knowledge of markets
  • Expertise in where the necessity retail industry is heading