Security – Weighted average lease term of 3.2 years with long term operating history.
Rent Growth – Several tenants are paying below market rent, presenting an opportunity for future rent growth.
Strip Center Intrinsics – Kirby Whitten Shops embodies the low risk associated with smaller, leasable tenant spaces.
E-Commerce Resilience – Tenancy profile is predominantly service oriented, offering resistance to online retail disruption.
Limited Retail Inventory in the Area – Sticky tenants.
Attractive Retail Design – Newer vintage building: Features prominent signage, ample parking, and high visibility, ideal for tenant success and consumer convenience.