Tenant Stability – Long-term leases in place, with several tenants showing years of commitment to the site, ensuring stable cash flow.
Rent Growth – Majority of the tenants are paying below market rent, presenting an opportunity for future rent growth.
Strip Center Intrinsics – Senatobia Shops embodies the low risk associated with smaller, leasable tenant spaces.
E-Commerce Resilience – Tenancy profile is service-oriented, offering resistance to online retail disruption.
Attractive retail Design – Features prominent signage, ample parking, and high visibility, ideal for tenant success and consumer convenience.
High Yield – High yield investment that rarely comes available.
Value-Add Opportunity – The ability for investors to transition leases from Gross to NNN in the near term to mitigate risk and hedge against inflationary pressures.
Recent Replaced Roof: The roof was fully replaced in 2018 which included a 20 year warranty.