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Richland Marketplace

Route 309 & West Pumping Station Road, Quakertown, PA 18951

Richland Marketplace is anchored by a 16,822 square-foot Aldi grocery store that has been a tenant since the center was constructed in 2009. Aldi has lease term through May 2024 with five renewal options that will allow them to remain at the site until 2049.

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INVEST

min $50,000

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Richland Marketplace

Route 309 & West Pumping Station Road
Quakertown, PA 18951

13.1%

Targeted
Annual
Return

6.20%

Targeted
Annual Cash
Distribution

1.4x

Targeted
Equity
Multiple

All figures are projected annual returns

Highlights

Richland Marketplace is anchored by a 16,822 square-foot Aldi grocery store that has been a tenant since the center was constructed in 2009. Aldi has lease term through May 2024 with five renewal options that will allow them to remain at the site until 2049. Aldi is a privately owned, German-based discount supermarket brand with over 2,000 locations across 36 states and 11,000 stores globally. The grocery chain generated over $121 billion dollars in sales in 2021. According to Placer.ai, this Aldi ranks in the top third of all locations in the state of Pennsylvania in foot traffic.

In addition to Aldi, Richland Marketplace features a high-quality tenant roster including Best Buy, PetSmart, Planet Fitness, Staples, Ulta, Visionworks, Sally Beauty, and Skechers. While not included in the sale, high-performing shadow anchors which includes Target, BJ’s, Chick-fil-A, and Wawa drive traffic to the center. The remaining 11,410 SF of vacant space in the center provides FNRP with the opportunity to enhance cash flow and create meaningful upside.

$28.75M

Purchase Price

3 Year

Targeted Hold Period

13.1%

Targeted Annual Return

6.20%

Targeted Annual Cash Distribution

1.4x

Targeted Equity Multiple

Why We Invest

  • Anchored by Market-Dominant Grocer
    Anchored by a 16,822 SF Aldi grocery store
  • High-Quality National Tenants
    Tenants Include: Best Buy, PetSmart, Planet Fitness, Staples, Ulta, Visionworks, Sally Beauty, and Skechers
  • Strong Market Demographics
    Located 12 Miles South of Allentown
  • Value-Add Potential
    Lease-Up Vacant Space of 11,410 SF – Over $160,000 in Potential Rent Growth

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Location

Viewed by 5471 Investors

INVEST

min $50,000

Questions?

Richland Marketplace

Route 309 & West Pumping Station Road
Quakertown, PA 18951

13.1%

Targeted
Annual
Return

6.20%

Targeted
Annual Cash
Distribution

1.4x

Targeted
Equity
Multiple

All figures are projected annual returns

Live Deal Launch Webinar: Mid-America Grocery-Anchored Portfolio

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Invest in

Richland Marketplace

Route 309 & West Pumping Station Road
Quakertown, PA 18951

“…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

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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
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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.

Invest in

Richland Marketplace

Route 309 & West Pumping Station Road
Quakertown, PA 18951

“…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.
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