Nassimi Realty, LLC’s Post

Great ICSC in the book!

Lansdale Revitalization: Mixed-Use Developments - Growing & Thriving Soleil Luna Hair Salon expands and moves to new location. Day One at their new location on Madison Street in the Lansdale Station Apartment complex. Challenges to Mixed-Use Developments: Lansdale Station is a 180 unit, upscale apartment complex in Lansdale’s downtown. Part of the project’s redevelopment included 7,500 sq/ft of mixed-use retail space. Property owners had the initial lease rates at 64% above the average lease rate in Lansdale’s downtown. There has been considerable interest in this prime location and we have toured scores of prospects through the site. However, as a result of the higher lease rates securing a tenant proved insurmountable. As a result the first floor commercial space sat vacant for more than five years, until now. Solution: The property owners reevaluated their lease rates, adjusted them to align with the community’s norms and have now begun to lease the spaces. #makeitmontco #chamberGMC #discoverlansdale #northpennnow #johnernst #soleillunahairsalon #barthconsultinggroup

FOR SALE: 8802-8810 S. Central Avenue, Los Angeles, CA 90002 Purchase Price: $1,095,000 Lot Size: 12,014 Sq.Ft. Building Size: 3,000 Sq.Ft. Price Per Sq.Ft. (Land): $91.14 Number of Units Using TOC: 47 Units ED1 Eligible: Yes Maher Commercial Realty is pleased to present this unique opportunity to purchase an +/-12,014 square foot lot zoned C2-1VL-CPIO TOC Tier 1. There is a +/-3,000 Sq.Ft. building on the site in cold shell condition. The subject site is eligible for ED1 as a 100% affordable project, allowing for a streamlined entitlement and permitting process. Conveniently located at the corner of S. Central Avenue and 88th Street in South Los Angeles. A developer can build up to 47 units on the site using the TOC menu, allowing for a 50% density bonus. This is a very good value at $23,297 per buildable door, $91.14 per Sq.Ft. on land and a clean Phase II on file. The site is comprised of three APN’s: 6043-004-014, 6043-004-015 and 6043-004-016. The property consists of a large lot with several vacant buildings. This site offers a savvy investor or developer a wide variety of options, from building a 47 unit residential building to leveraging the flexible C2 zoning and developing a commercial property on the site. Great location just three blocks south of Firestone Blvd. and Central Avenue. This intersection is a main retail corridor offering national brands like KFC, Taco Bell, Family Dollar, Church’s, and Burger King, to local services like laundry, auto parts, florist, barbershop, mobile phone provider, and a church. For More Information Contact Oron Maher. #maherrealty #mahercommercialrealty #commercialrealestate #losangeles #losangelescommercialrealestate #DTLA #realestate #la #tradedla #cre #forsale

𝗝𝘂𝘀𝘁 𝗟𝗶𝘀𝘁𝗲𝗱: Single-Tenant Retail | The Bank 𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗪𝗲𝗯𝘀𝗶𝘁𝗲: https://lnkd.in/gSZDb6BA 𝗔𝗴𝗲𝗻𝘁𝘀: Raymond A. Rodriguez| Matt Freedman Lucrum Real Estate Group is proud to present The Bank, located at 296 S. Palm Canyon Drive, encompassing 16,200± square feet of beautifully appointed single-tenant retail in a 2-story building and currently 100% occupied by Four Twenty The Bank. Attractive Seller financing offered of 75% LTV & 5.0% interest only. The property is situated on 20,038± square feet of land in the city of Palm Springs, California, and was originally constructed in 1973 and recently extensively rehabbed with over $2 Million in capital improvements invested in property upgrades. These updates include the replacement of all major systems, installation of fire protection systems and both interior and exterior sprinklers, just to name a few, and a 100% interior remodel, just to name a few. 296 Palm Canyon Drive is currently leased to Four Twenty The Bank one of the largest cannabis dispensaries in all of California. When entering the space, you first are greeted by an informal lobby that welcomes you into the impressive open floor plan. Immediately upon entering the space, you can’t help but notice the cathedral ceilings, exposing the architecturally designed rafters, which are highlighted by the natural light of the skylights above, truly a site to see. In addition to the common area, the space offers 2 executive offices, and restrooms at either end, including an additional storage room, as well as the original bank vault, which the tenant elected to keep and repurpose as a gaming room for customers. The upstairs, which can be accessed by either the stairs or elevator, has been completely reimaged and operates as a space for the tenant and their employees, which includes a large breakroom with a full kitchen, dedicated space for their operator’s podcasting, several large lounges and gaming rooms, as well as additional executive offices with access to the outdoor patios. This property is truly a site to see and is considered by both residents and visitors as one of the premier destinations on all of Palm Canyon Dr. #realestate #commercialrealestate #invest #money #property #mathewfreedman #cre #california #palmsprings

Understanding the large format retail (LFR) landscape means recognising that the next booming regional growth corridor is actually Kyneton Central. Kyneton’s above-average LFR spending base and strong population growth prospects demonstrate its catchment is outperforming the regional VIC average across nearly every LFR category—including home décor, hardware and garden, and other large format retail. This is a prime opportunity for retailers to establish a foothold in a market poised for exponential growth. The development is already anchored by commitments from Bunnings, a multi-national QSR offering, and three (3) other national large format retailers. Kyneton Central is actually on track to become the region’s premier homemaker hub, driven by its strategic location, vibrant community, and robust infrastructure. These elements collectively position it as a key player in the regional economic landscape. Marked Property is collaborating with Goldfields Group to maximise the commercial potential of Stage 1 in this thoughtfully master-planned retail and commercial precinct. There are limited number of LFR tenancies available. Ranging from 352m² to 2,000m², these tenancies offer high-profile facades, large signage zones, generous shopfronts, and are supported by 431 car spaces, ensuring a seamless and impactful customer experience. With permits already approved, construction on Stage 1 of Kyneton Central is set to begin in Q2, 2025. If you're looking for an opportunity to expand your large format retail footprint, now is the time to act. Contact David Mark: [email protected] #development #largeformatretail #leasing #project

Where do you do your research when trying to decide on the details of a remodel? [email protected] 504-231-2004 #KellerWilliams#RealEstate #Realtor #NewOrleansRealEstate #ForSale #RealEstateTipsAndAdvice #RealEstateMarket #HousingMarket

🔔 Listing Update! 🔔 BKREA has been exclusively retained to arrange for the sale of 28-30 West 37th Street (“The Property”), a vacant commercial building spanning 10,281 SF. Located on the south side of West 37th Street between Fifth and Sixth Avenues in Midtown, one of the most coveted commercial hubs in Manhattan. The existing 2-story structure was built in 1996 and sits on a 4,758 SF lot and boasts approximately 50’ of frontage. The property currently comprises three identical ground-floor retail units and one contiguous space above them on the second floor. Each ground-floor retail unit also includes a mezzanine space. The ground floor boasts approximately 22-foot ceiling heights, while the second floor offers 10-foot ceiling heights. With the property currently vacant, a prospective user buyer could promptly occupy the premises and enjoy the benefits of ownership. Beyond its immediate user potential, 28-30 West 37th Street holds appeal for value-add investors who could refurbish the commercial spaces to attract tenants. Additionally, thanks to the advantageous M1-6 zoning, there's potential for a developer to demolish the existing structure and construct a new building, leveraging a 10 FAR for a total as-of-right ZFA of 47,580. Furthermore, with Mayor Eric Adams' proposed "Midtown South Mixed-Use Plan" rezoning, there's the possibility of future residential development. 28-30 West 37th Street is an amazing opportunity due to its favorable Midtown location. Local cultural amenities within walking distance to the property include the Empire State Building, Bryant Park, and the original Macy’s. 7 West 36th Street also benefits from direct access to a multitude of subway lines including the 1, 2, 3, A, C, E located at Penn Station, B, D, F, M, N, Q, R, W lines located at 34th Street Herald Square and the 4, 5, 6, 7, S located at Grand Central Station. ✉️ DM, email, call, or text us to learn more! Link below to the listing in the comments. ⬇️ #NYC #BKREA #commercialrealestate

In a strategic move reflecting the evolving landscape of #RetailRealEstate that leverages residential integration, Pacific Retail Capital Partners (PRCP) has initiated the demolition of the former Carson's store at Yorktown Center in Lombard, Illinois. This development paves the way for a transformative #MixedUse adaptation which will feature over 600 luxury #apartments, retail spaces, and communal areas. The redevelopment aligns with a broader national trend where underutilized #retail properties are being reimagined to meet contemporary urban living demands. By integrating residential units with retail and leisure amenities, PRCP aims to create a vibrant, community-centric environment that enhances the mall's appeal and functionality. (Plus there is nothing better for retail than a built-in consumer base.) This initiative not only revitalizes a significant portion of the Yorktown Center but also contributes to the economic growth of the Lombard area. The redevelopment is expected to attract new residents and businesses, fostering a dynamic and sustainable community hub. As the retail industry continues to adapt to changing consumer behaviors, such innovative redevelopments underscore the importance of flexibility and forward-thinking in #CommercialRealEstate. PRCP's approach exemplifies how traditional retail spaces can be transformed to meet modern needs, offering valuable insights for stakeholders across the sector. #CRE #Construction #RealEstate #Markets

👀 Looking for a real estate investment that checks all the boxes? Welcome to 1801 Wellington Street, a mixed-use gem in the heart of Philly. This isn’t just another property—it’s a chance to own a space that blends residential and commercial potential in one of the city’s most rapidly developing neighborhoods. ✨ What’s the deal? Ground Floor: A bright, modern commercial space with high ceilings and huge windows, perfect for attracting foot traffic and making your business (or tenant’s business) shine. Upstairs: Sleek, open-concept residential units with gourmet kitchens, stainless steel appliances, and energy-efficient systems. These units are designed for today’s discerning renters. Why invest here? With its prime location near shopping, dining, and public transportation, 1801 Wellington Street is a hot spot for long-term growth and rental income. Whether you’re expanding your portfolio or diving into mixed-use properties, this one’s a winner. 💼💰 Listed at $929,000 for 3,200 SQFT of opportunity—don’t miss out! Interested? Let’s talk. #PhillyRealEstate #InvestmentOpportunity #MixedUseProperty #NickAndTheHuntersTeam

Colliers is pleased to present the opportunity to sublease a high profile freestanding commercial building in Vancouver’s Armoury District. Highlights: • Located in the high demand Armoury District of Vancouver, at the corner of West 3rd Avenue and Pine Street • Just west of Granville Island and north of the popular West 4th High Street Shopping District • The Armoury District is characterized by high end car dealerships, design offices and retail stores • 10 surface parking stalls intended • Grade level car loading access Premise Details: • Rentable Area (+/-): 9,505 SF (8,010 SF + 1,495 SF) • Lot Size: 12,000 SF (+/-) • Existing Improvements: Partially built out to accommodate a high end car dealership • Zoning: IC-2 | Allows for a range of uses including: manufacturing, office, retail, service, storage and wholesale uses • Basic Rent: $45 PSF/ Per annum (Based on main floor area) • Additional Rent: $16.25 PSF/ per annum (Based on main floor area) • Lease Expiry: June 30, 2032 (There is a potential opportunity to structure a new headlease) • Option to Renew: 1 x 5 years #collierscanada #vancouverrealestate #cre #retailrealestate #sublease #vancouver #kitsilano #armourydistrict