Invest in

Mid-America Grocery-Anchored Portfolio

River City Marketplace – 2209 State Highway K, O’Fallon, MO
Southern Plaza – 4200-4202 S East Street, Indianapolis, IN

The Mid-America Grocery-Anchored Portfolio consists of River City Marketplace, located in O’Fallon, Missouri, and Southern Plaza, located in Indianapolis, Indiana, which are both institutional-quality market-dominant shopping centers.

Play Video
1653055200dd

Viewed by 13218 Investors

INVEST

min $50,000

Questions?

Mid-America Grocery-Anchored Portfolio

River City Marketplace – 2209 State Highway K, O’Fallon, MO
Southern Plaza – 4200-4202 S East Street
Indianapolis, IN

13-14%

Targeted
Annual
Return

6.5-7%

Targeted
Annual Cash
Distribution

1.4x

Targeted
Equity
Multiple

All figures are projected annual returns

Highlights

River City Marketplace is a 93% occupied, Fresh Thyme anchored center located in O’Fallon, Missouri.  Fresh Thyme is a private regional supermarket chain operated as a subsidiary of Meijer, which owns 100% of Fresh Thyme’s stock. Fresh Thyme operates over 75 stores in 11 Midwest states. Fresh Thyme has been a tenant since 2015, has lease term through 2025, and maintains four renewal options that will allow them to remain at the site until 2045. Per Placer AI foot-traffic data, this location is the 5th most visited in the entire chain and the number one most visited Fresh Thyme location in Missouri. Given the extremely strong performance of the grocer, First National Realty Partners is confident in their ability to extend Fresh Thyme to a long-term lease which will create significant value.

Southern Plaza is a 75% occupied, Kroger grocery-anchored center located in Indianapolis, Indiana. Kroger has been a tenant since 1990, has lease term through October 2025 and maintains four renewal options that will allow them to remain at the site until 2045. Kroger recently renovated the interior of their store and updated its storefront. Kroger is the largest supermarket chain in the US, with over 2,700 stores. Kroger is a publicly-traded company with a market cap of over $33 billion dollars and revenues of almost $140 billion dollars.

$45.22M

Purchase Price

3 Year

Targeted Hold Period

13-14%

Targeted Annual Return

6.5-7%

Targeted Annual Cash Distribution

1.4x

Targeted Equity Multiple

The term “target” or “targeted” refers to a figure the Company aims or believes it can achieve. Actual results may vary.

Why We Invest

  • Anchored by Market-Dominant Grocer
    River City -Anchored by a 30,750 SF Fresh Thyme
    Southern Plaza -Anchored by a 59,520 SF Kroger
  • High-Quality National Tenants
    River City Tenants Include: Total Wine, Ross, Five Below, Kirkland’s, Kay Jewelers
    Southern Plaza Tenant Include: Harbor Freight, Oak Street Health, Goodwill, Rue 21, Qdoba, Cosmo Prof, Verizon, BMO Bank, and Sally Beauty
  • Strong Market Demographics
    River City - Located 34 Miles West of Downtown St. Louis
    Southern Plaza - Located 5 Miles South of Downtown Indianapolis
  • Value-Add Potential
    Lease-Up Vacant Space of over 70,00 SF – Over $1.18M in Potential Rent Growth for the Entire Portfolio

Location

[wpgmza id="16"]

Viewed by 13219 Investors

INVEST

min $50,000

Questions?

Mid-America Grocery-Anchored Portfolio

River City Marketplace – 2209 State Highway K, O’Fallon, MO
Southern Plaza – 4200-4202 S East Street
Indianapolis, IN

13-14%

Targeted
Annual
Return

6.5-7%

Targeted
Annual Cash
Distribution

1.4x

Targeted
Equity
Multiple

The term “target” or “targeted” refers to a figure the Company aims or believes it can achieve. Actual results may vary.
 

Invest in

Mid-America Grocery-Anchored Portfolio

River City Marketplace – 2209 State Highway K, O’Fallon, MO
Southern Plaza – 4200-4202 S East Street
Indianapolis, IN

“…In my experience in working with FNRP, I have seen a genuine desire to build trust and forge partnerships with all stakeholders through their transparency and integrity…”

Richard H.

Investor

Welcome Investors

Select the best option to get started.

Allocation Request Form

"*" indicates required fields

Please complete this form to reinvest into the FNRP Opportunity Fund. Please note that positions are not guaranteed until your subscription agreement is signed and accepted by our Investment Relations Team.
Your Name*
Email*
Reinvest in Opt Fund*
In order to easily reallocate distributions that you receive, we're providing our partners with the ability to reinvest their distributions from the FNRP Opportunity Fund right back into the FNRP Opportunity Fund! Simply check the box below to select this option or click here for more information.
This field is for validation purposes and should be left unchanged.

Allocation Request Form

"*" indicates required fields

Please complete this form to reserve a position in this offering. Please note that positions are not guaranteed until your subscription agreement is signed and accepted by our Investor Relations Team.
Increments of $5,000. Please note that our minimum investment is $50,000
Your Name*
Email*
Reinvest in Opt Fund*
In order to easily reallocate distributions that you receive, we're providing our partners with the ability to reinvest their distributions from the FNRP Opportunity Fund right back into the FNRP Opportunity Fund! Simply check the box below to select this option or click here for more information.
This field is for validation purposes and should be left unchanged.

Allocation Request Form

"*" indicates required fields

Please complete this form to reserve a position in this offering. Please note that positions are not guaranteed until your subscription agreement is signed and accepted by our Investor Relations Team.
Increments of $5,000. Please note that our minimum investment is $50,000
Your Name*
Email*
Reinvest in Opt Fund
In order to easily reallocate distributions that you receive, we're providing our partners with the ability to reinvest their distributions from the FNRP Opportunity Fund right back into the FNRP Opportunity Fund! Simply check the box below to select this option or click here for more information.
This field is for validation purposes and should be left unchanged.

Invest in

Mid-America Grocery-Anchored Portfolio

River City Marketplace – 2209 State Highway K, O’Fallon, MO
Southern Plaza – 4200-4202 S East Street
Indianapolis, IN

“…In my experience in working with FNRP, I have seen a genuine desire to build trust and forge partnerships with all stakeholders through their transparency and integrity…”

Richard H.

Investor

Welcome Investors

Select the best option to get started.

Allocation Request Form

"*" indicates required fields

Please complete this form to reserve a position in this offering. Please note that positions are not guaranteed until your subscription agreement is signed and accepted by our Investor Relations Team.
Increments of $5,000. Please note that our minimum investment is $50,000
Your Name*
Email*
This field is for validation purposes and should be left unchanged.

Allocation Request Form

"*" indicates required fields

Please complete this form to reserve a position in this offering. Please note that positions are not guaranteed until your subscription agreement is signed and accepted by our Investor Relations Team.
Increments of $5,000. Please note that our minimum investment is $50,000
Your Name*
Email*
This field is for validation purposes and should be left unchanged.
commercial real estate deals
Please enter your email address to access Deal Lobby Content.
[class^="wpforms-"]
[class^="wpforms-"]