Carriera Regan

Featured Listings

Contact us for more information on these exclusive listings or to view more of our available investment opportunities. Do you have specific investment parameters? Send us the details and we will provide you with a report of properties that match your criteria.

SELF STORAGE

West Florida Self Storage Portfolio

West Florida Self Storage Portfolio
Sarasota, FL
$14,000,000

Listing Agent: Michael A. Mele

  • Core Investment Opportunity in One of Florida’s Most Sought after Self Storage Markets
  • Three Institutional Quality Facilities
  • 8.11 Percent Capitalization Rate at Stabilization
  • Leveraged 10-Year IRR of 16.57 Percent
  • Portfolio Economic Occupancy Rate Below Market Averages – Indicating Room to Grow

This offering is comprised of three self-storage facilities totaling 174,543 rentable square feet and is located in the highly desirable Tampa Bay market. The properties consist of 1,414 units in total in both climate and non-climate controlled units, along with RV and boat parking. Additional revenue is generated through a 14 bay retail strip center adjacent to the Sarasota self-storage facility. The facilities are fully monitored by video surveillance and electronic gate access, guaranteeing secure storage. Both the Bradenton and Sarasota properties recently installed solar panels for tax and utility savings and have a new roof with a ten year warranty. Each property is highly visible along roads with high traffic counts and strong demographics. This portfolio will provide investors with a substantial market presence and the ability to balance risk between stabilized and value-add assets with one single acquisition.

US 1 Self Storage

US 1 Self Storage
Sebastian, FL
$3,290,000

Listing Agent: Michael A. Mele, Luke Elliott

  • Opportunity to Increase Revenue with Increased Occupancy and Rental Rates
  • Great Location and Visibility From US Highway 1 – Passed by Over 22,000 Vehicles per Day
  • Strong Demographics – $74,311 Average Household Income
  • Pro Forma Capitalization Rate of 8.25 Percent

US 1 Self Storage represents a self-storage investment opportunity with all of the elements that one would look for: substantial upside potential on a main thoroughfare with excellent accessibility, great demographics and a growing population. The facility sits on 4.85 acres and is located in Sebastian, Florida on US Highway 1, less than three miles south of Sebastian Boulevard and less than ten miles from Interstate 95.

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MULTIFAMILY

Raintree Oaks Apartments I & II

Raintree Oaks Apartments I & II
Tampa, FL
$4,500,000

Listing Agents: Francesco Carriera, Michael ReganJoshua Teplitzky, Felipe J. Echarte, Alejandro Gonzalez

  • Constructed in 1983 of Concrete Block
  • All Two-Bedroom/One-Bathroom Floor Plans Ranging from 720 to 780 Square Feet
  • Washer and Dryer Connections in all 780-Square Foot Units
  • Maturely Landscaped Property Set Amongst Stately Oak Trees
  • Just One-Half Mile from the University of South Florida

This is a 104-unit, fractured-condominium multifamily community located in the city of Tampa, Florida which is in Hillsborough County. In total, Raintree Oaks I & II include 104 of 116 total units, equating in 90 percent ownership within the community. The buildings are comprised of all two-bedroom/one-bathroom units and have central heating and air-conditioning. Amenities include washer/dryer connections in the larger units, an on-site laundry facility and a pool.

Daytona Beach Portfolio

Daytona Beach Portfolio
Daytona Beach, FL
$2,995,000

Listing Agents: Michael Donaldson, Nicholas MeoliJohnny Pullman

  • Three Property Portfolio Consisting of 64 Apartment Units and a Three-Bedroom House
  • Majority of Units Have Undergone Renovations
  • 95 Percent Occupancy with Ability to Increase Rents
  • Desirable Unit Mix of One, Two and Three-Bedroom Units
  • Ideal Locations Central to Major Employment, Entertainment and Retail Destinations

The Daytona Beach Portfolio is a three property portfolio situated in beautiful Daytona Beach, Florida located within Volusia County. These unique garden-style properties are comprised of four, one and two story buildings with 65 total units, and they boast lush green foliage, open courtyards, ample parking and are well-maintained. Both the Spruce Wood and Palmetto Square properties sit within a quarter-mile from one another on South Palmetto Avenue. Whispering Winds lies approximately three and a half miles north.

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RETAIL

Walgreens

Walgreens
Leland, NC
$3,642,857

Listing Agents: James MedefindLori Schneider, James Allen Smith

  • 15 Years Remain on an Absolute Net-Lease with No Landlord Responsibilities
  • Large 1.84 Acre Lot
  • High Growth Area with 14 Percent Continued Growth Projected Through 2018
  • Suburban Wilmington, North Carolina Location
  • Located on Signalized Intersection with Excellent Visibility

This is a 14,820-square foot Walgreens with a double drive-through located on a large 1.84 acre lot in Leland, North Carolina. The property has 15 years remaining on the absolute net-lease with no landlord responsibilities. There are ten five-year options to extend. The lease is guaranteed by Walgreens, an investment grade, Fortune 500 ranked tenant who reported $72.2 billion in sales for the 2013 fiscal year. This represented an increase over the $71.63 reported for fiscal 2012.

Walgreens is located at the signalized intersection of Village Road Northeast and Old Fayetteville Road and has clear visibility from both roadways. The other two sides of the building are wrapped by Woodburn Avenue. There are three points of access for the property.

This property can be purchased with self-amortizing assumed debt for $3,642,857, at a 6.19 percent interest rate and 25-year amortization, or free and clear of existing debt for $4,080,000 at a 6.25 percent cap on current income

Walgreens

Walgreens
Sanford, FL
$5,779,083

Listing Agents: Moe Derbala

  • Investment Grade Tenant
  • Excellent Exposure Along Two Dominant Traffic Corridors
  • Triple-Net Lease (Tenant is Responsible for Roof and Structure)
  • 14 Years Remaining on Initial Term of Lease
  • Surrounding Retailers Include Lowe’s, McDonald’s and CVS
  • Assumable Loan (25 Percent Down)
  • No Income Tax State
  • Strong Demographics – Population of 127,113

This Walgreens is a 15,871-square foot triple-net lease situated on approximately 1.62 acres. The building was completed in the fall of 2002. The property is located on the corner of two major commercial corridors, SR 17-92 and Lake Mary Boulevard. Other retailers in the vicinity are Lowe’s, CVS, McDonald’s, Burger King, Walmart, Ross and many more. The area has strong demographics with a population of 127,113 within a five-mile radius.

The property is being offered with 15 years remaining on the initial term of a 75-year lease that runs through 2078. This offering has an assumable non-recourse loan (interest only) that is due in 2017.

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