Investment Overview
Fully-leased commercial condominiums; GLA: ±6,850 SF (Ground Floor: 2,487 SF, Third Floor: 4,363 SF)
Investment Highlights
- Flagship retail opportunity opposite City Hall at the epicenter of Center City
- Located within the luxury Ritz-Carlton Residences and connected to a 299-room Ritz-Carlton Hotel, enhancing prestige and foot traffic
- 100% leased with NNN income in place
- Diverse tenant mix including La Colombe, Palm Vintage Café, and additional retail plus 100+ storage units
- Strong in-place income with projected NOI of ~$340K and 7.5-year weighted average lease term