Property type

Grocery Anchored Outparcel STNL

Grocery anchored outparcel properties are retail pad sites located within or adjacent to grocery-anchored shopping centers. These properties benefit from the traffic generated by the grocery anchor while housing complementary retailers and services. In Austin, TX, grocery anchored outparcels benefit from the region's strong retail market.

Grocery anchored outparcels offer 1031 exchange investors prime retail locations with established traffic patterns and co-tenancy benefits. These properties typically feature national credit tenants seeking proximity to grocery traffic.

Investment benefits

Why Grocery Anchored Outparcel STNL for 1031 Exchange

1Grocery traffic benefits
2Prime retail locations
3Established traffic patterns
4National credit tenants
5Co-tenancy synergies

Market data

Grocery Anchored Outparcel STNL Market Overview

Typical Cap Rate

5.0% - 6.0%

Typical Lease Term

10-15 years

Common Tenants

QSR Restaurants, Banks, Phone Stores, Medical Clinics

Why are grocery anchored outparcels valuable?

Grocery anchored outparcels benefit from consistent traffic generated by grocery shoppers making regular trips for essential goods. This traffic supports complementary retailers and service providers located on outparcels.

What tenants typically occupy grocery anchored outparcels?

Common tenants include quick service restaurants, banks, phone stores, and medical clinics that benefit from grocery shopper traffic. These tenants typically offer strong credit and long-term lease commitments.

How do outparcels compare to inline retail space?

Outparcels typically offer better visibility, dedicated parking, and drive-thru capability compared to inline space. These advantages support higher rent levels and attract strong credit tenants willing to pay premium prices.

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