Located in the heart of one of Charleston’s fastest growing areas for expansion, Urban Core Advisors is proud to announce our newest retail shopping center development. The Shoppes at Carnes Crossroads features over 12,000 SF of retail space that will be ready for occupancy by the Fall of 2018. The site is located in Carnes Crossroad, which is a large mixed-use development on the edge of Nexton and south of the Cane Bay neighborhood. This new development consisting of upwards of 4,500 houses when finished is slowly taking shape to become one of the premier locations in the Summerville area. The neighborhood will feature multiple shopping centers, medical office buildings, a new Roper hospital, new schools, apartments, churches, and restaurants. Please contact us today for more information on availability in this exciting new retail center.
Our investment team does ongoing market research and site analysis to determine the best locations geared towards our investment strategy.
We perform site inspections and consult with general contractors and architects to identify property improvement opportunities and cost estimates.
We do extensive property analysis including underwriting property historical cash flow, three tiered income modeling, future cash flow projections and IRR and cash on cash return profitability models.
Our team underwrites the current tenants and reviews all current lease agreements to determine an appropriate credit grade of the property and identify opportunities for improvement.