Acquisition Criteria

Tekin & Associates specializes in the acquisition of well-located retail & restaurant commercial properties.

Property Types:

  • Retail
  • Casual Dining Restaurants with near term expirations
  • Shopping Center Pad Sites with under market rents
  • Gas Stations
  • Commercial Land for Retail & Restaurant Development
  • Portfolios of established credit net lease tenants
  • Neighborhood & Community Centers anchored by top retailers
  • Properties offering expansion, redevelopment & lease-up or re-tenanting potential
  • Single assets as well as multiple property portfolio acquisitions with no maximum deal size
  • Debt positions for current yield or loan to own
  • Capital restructuring in partnership with existing owner to invest fresh equity into a controlling interest position

Development Opportunity:

  • Dense infill locations & underserved retail trade areas
  • Functionally obsolete shopping centers requiring partial or complete redesign including older well-located centers with non-prototypical anchors
  • Multi-tenant neighborhood & community centers, as well as single tenant sites
  • Entitled, partially entitled & un-entitled sites with ability to secure entitlements prior to closing
  • Property dimensions suitable to accommodate traditional retail construction & convenient at-grade structured parking

Location:

  • Corner intersection parcels with High Traffic
  • Strong demographic trade areas in primary markets
  • Properties with the potential to add density to the site through accretive zoning, including mixed use.

Markets:

  • Southern California preferably in the Los Angeles County
  • Northern California preferably in the Bay Area
  • Washington State preferably in Seattle, Tacoma & MSA
  • Texas preferably in Dallas, Fort Worth, Houston, San Antonio, Austin & El Paso

Size:

  • Land – 25,000 sq.ft. up to 15 acres

Purchase Price:

  • $20,000,000 up to $50,000,000

Structure:

  • Flexible to meet sellers needs
  • Ability to complete due diligence & close quickly
  • In-House Counsel