Invest in

Southgate – Ohio

607 Hebron Road, Heath, OH 43056

Video
Gallery

Southgate Center is an institutional quality, 209,280 square foot grocery-anchored shopping center. Southgate Center is anchored by a 69,000 square-foot Giant Eagle Food Store, an American grocery store chain.

Play Video
1653055200dd

Viewed by 14051 Investors

INVEST

min $50,000

Invest Now

Questions?

Schedule a Call

Chat

Southgate – Ohio

607 Hebron Road
Heath, OH 43056

12-12.75%

Targeted
IRR

6-6.5%

Stabilized
Cash-on-Cash
Return*

1.3-1.4x

Targeted
Equity
Multiple

All figures are projected annual returns

Highlights

Southgate Center is an institutional quality, 209,280 square foot grocery-anchored shopping center that is 97.50% occupied and offers stable cashflows.

Southgate Center is anchored by a 69,000 square-foot Giant Eagle Food Store that has been a tenant at the center since before 2012 and has lease term through October 2027 with four, five-year renewal options that will allow them to remain at the site until 2047. Giant Eagle is a top regional grocery store chain with over 400 stores in Pennsylvania, Ohio, West Virginia, Indiana, and Maryland.

In addition to Giant Eagle, Southgate Center features a high-quality national tenant roster including a Dunham’s Sports, Petco, Dollar Tree, IHOP, and H&R Block bank. FNRP believes there’s value opportunity by extending the leases, growing rents, and the lease up of the 5,280

$24.02 M

Purchase Price

3-5 Year

Targeted Hold Period

12-12.75%

Targeted IRR

6-6.5%

Stabilized Cash-on-Cash Return*

1.3-1.4x

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
    Anchored by Giant Eagle, a market dominant grocer.
  • High-Quality National Tenants
    Tenants Include Dunham’s Sports, Petco, Dollar Tree, IHOP, and H&R Block
  • Strong Market Demographics
    Located directly off Hebron Road and 2.3 miles away from Ohio State University which has 60,000 students and generates $7 billion in economic value

Downloads

Location

Viewed by 14052 Investors

INVEST

min $50,000

Invest Now

Questions?

Schedule a Call

Chat

Southgate – Ohio

607 Hebron Road
Heath, OH 43056

12-12.75%

Targeted
IRR

6-6.5%

Stabilized
Cash-on-Cash
Return*

1.3-1.4x

Targeted
Equity
Multiple

The term “target” or “targeted” refers to a figure the Company aims or believes it can achieve. Actual results may vary.
“Targeted refers to a goal which may or may not be attained based on a variety of assumptions which may or may not be realized. Securities are only available to verified accredited investors who can bear the loss of their investment. Please contact FNRP for an explanation of how such numbers are calculated. Cash distributions are not guaranteed.”
commercial real estate deals
 

Invest in

Southgate – Ohio

607 Hebron Road
Heath, OH 43056

“…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.

I Am A Returning Investor
I Am A New Investor
Reinvestment Request

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

Southgate – Ohio

607 Hebron Road
Heath, OH 43056

“…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.

I Am A Returning Investor
I Am A New Investor

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.