Bryans Road Center

Overview

Bryans Road Shopping Center is Nile Equity Group's latest acquisition, offering immediate cash flow and strong repositioning potential. With 18% vacancy at acquisition, the asset required minimal capital expenditures with significant NOI upside. By implementing new management and an aggressive leasing strategy, the property is on track for stabilization at 92%+ occupancy. The center currently has 15 retail tenants across 67,000+ square feet.

Highlights

• —67,000+ sq ft
• —15 retail tenants
• —18% vacancy at acquisition
• —Significant value upside upon stabilization