At Coastal Equities, shopping center acquisitions are at the core of our business.Since 1980, we have acquired over a billion square feet of retail space nationwide.We provide sellers with market pricing, certainty of closing, and speedy streamlined decision-making process.
Our due diligence process is quick and efficient, and our closings predictable.We are backed by direct access to debt and equity capital without committees or third-party approvals. With long-standing lender relationships, we consistently secure the most attractive financing terms available..
We actively seek to acquire neighborhood and community shopping centers anchored by Grocery Stores and Big Box retailers. We prefer to own the entire center (anchors, outparcels and small shops).
While we have the below guidelines, these are not rigid rules—if you believe it's a good investment, we want to see it.
General Guidelines
- Over 50,000 sf.
- Priced below replacement cost
- Seasoned Grocery Store and Big Box anchors preferred
- Price $5,000,000 - 50,000,000 (single center or portfolio)
- 8.0% cap rate or better
- Tenant mix of national, regional, and local retailers, with either long-term stability or near-term expirations (allowing repositioning)
- Below market rents
- Growth drivers nearby: new residential/commercial developments, expanding industrial parks, population growth
- Stable spending patterns (we value predictability over high-spending trade areas)
Location Preferences
- Nationwide
- Primary, Secondary and Tertiary markets, all can work
At Coastal Equities, we pride ourselves on being straightforward, fast, and flexible.