INVESTMENT OFFERING
SAB Capital is proud to present the Shops at Foster Brook, a 31,899 Sqft Walmart Shadow Anchored Shopping Center in Bradford, PA, just 90 minutes south of Buffalo, NY and 3 hours north of Pittsburgh, PA. This 100% Occupied Retail Center boasts an established mix of service-oriented tenants, all secured on Triple-Net (NNN) leases, and is strategically positioned adjacent to a high-traffic Walmart Supercenter that attracts over 2 million visitors on an annual basis, which serves a 20-mile radius. Additionally this asset offers some value add upside with below market rents, and the ability to add an additional 6,000 Square Feet of Buildable Space to the center.
- Shops at Foster Brook in Bradford, PA | 60-Miles South of Buffalo, NY
- 100% Occupied Retail Strip Center | Established Mix of Service-Oriented Tenants
- Minimal Landlord Responsibilities | All Tenants Reimburse for NNN Expenses
- Shadow-Anchored by a Walmart Supercenter | Only Walmart within a 20-Mile Radius
- High-Performing Walmart Supercenter | Walmart Experiences over 2.0 Million Annual Visitors (Placer.ai)
- Proximity to National Tenants | ALDI, Tractor Supply Co, Big Lots, Dollar Tree, Sheetz, Goodwill, Taco Bell, Tim Horton’s, etc.
- Recent Lease Extensions | Holiday Hair Recently Extended their Lease for Three (3) Years until 2028
- Significant Capital Investment from Valor Healthcare | Valor invested Over $1.5mm into their Space, Demonstrating their Commitment to the Site
- Value-Add Potential | 4 out of 9 Tenants are Paying Below Market Rents
- Additional 6,000 SF of Buildable Space | Already Permitted with Utilities Hooked Up
Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
---|---|---|---|---|---|
Shops at Foster Brook | $3,125,500 | 8.50% | NNN | 31,899 | Available |