Altus Plaza

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Altus Plaza presents an excellent value-add investment opportunity with significant upside potential. This 85,453 sq ft shopping center is strategically situated on 8.36 acres and anchored by a newly opened Dunham's Sports, enhancing the center's attractiveness and foot traffic.

The tenant mix includes prominent national brands such as Family Dollar, Rent-A-Center, and US Cellular, complemented by diverse regional and local retailers. The property offers immediate upside potential, with select inline suites ready for leasing or market-rate adjustments, providing investors an excellent opportunity to enhance NOI through strategic leasing initiatives.

Altus Plaza currently generates a strong annual NOI of approximately $490,129 at an attractive cap rate of 9.8%. This offering represents an outstanding opportunity to acquire a strategically located retail center with immediate value-enhancement potential.