AL

Anchor Investments, Llc

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Company Market Research Report: Anchor Investments



Company Overview



Name: Anchor Investments

Mission: Building America’s Most Generous Real Estate Company

Founded: 2009

Founded by: No information is available

Key People: No information is available

Headquarters: Nashville, Tennessee

Number of Employees: No information is available

Revenue: No information is available

Focus Areas:
  • Known for acquiring, developing, and managing commercial retail properties throughout the U.S., especially in the Southeast and Midwest.

  • Secondary focus on repurposing former churches into boutique hotels through its hospitality arm, Mission Hotels, to fuel charitable giving.


Products



Real Estate Investments


High-Level Description:
  • Acquisition and management of commercial retail properties.

  • Focus on Core+ and Value Add retail assets.

  • Small shop or single tenant acquisitions.


Key Features:
1. Shopping Center Acquisition Criteria:
  • Pricing: Up to $20M

  • Gross Leasable Area (GLA): +40,000 SF

  • Min. Cap Rate: 8%

  • Population within 5 miles: +30K

  • Traffic Count: +15K cars per day (CPD)

  • Avg. Household Income (HH): +$50K annually

  • Desired existing vacancies

  • Retail focus: Discount, General Merchandise, Hardware, Furniture, etc.


2. Small Shop (Single Tenant) Acquisition Criteria:
  • Pricing: Up to $5M

  • GLA: 2,500 to 10,000 SF (No max for single, credit tenants)

  • Min. Cap Rate: 7% with long-term value creation potential

  • Population within 3 miles: +25K

  • Traffic Count: +20K CPD

  • Avg. Household Income (HH): +$50K annually

  • Current economics: Below market rents + expiring term

  • Tenant uses: Automotive, Childcare, Paint Supply, Mail/Print, Other.

  • Trade area: Stabilized, growing, future potential.


Hospitality (Mission Hotels)


Hotels:
1. The Russell:
  • Location: 819 Russell St, Nashville, TN.

  • High-Level Description: Boutique hotel repurposed from a historic church.

  • Key Features: Unique charm using old pews as headboards, 100+ year old stained glass; majority profits given to underserved communities.


2. 506 Lofts:
  • Location: 506 Church St, Nashville, TN.

  • High-Level Description: Converted from a 100+ year old building, formerly Harvey’s Department Store.

  • Key Features: Ranked #2 speciality hotel in Nashville on TripAdvisor; majority profits given to support local underserved communities.


3. The Gallatin:
  • Location: 2510 Gallatin Ave, Nashville, TN.

  • High-Level Description: Boutique hotel restored from a historic church.

  • Key Features: Concierge-less, majority profits given to local underserved communities.


Recent Developments



Newly Launched Products


  • Mission Hotels introduced The Gallatin in East Nashville.


Upgrades and New Features:


  • Major renovations and improvements have been made to various properties, including:

  • Virginia College Plaza in Montgomery, AL

  • Franklin Center in Russellville, AL

  • Hickory Village in Jackson, TN

  • Town and Country Shopping Center in Hamilton, OH

  • Dixie Village in Gastonia, NC


New Partnerships:


  • Redevelopment projects in collaboration with local businesses and anchor tenants across various commercial properties to foster community growth and support.


Key properties and more detailed information can be found on current assets and leasing opportunities within the portfolio.

Other notable recent activities include active participation in charitable giving, with over 100 nonprofits supported in 2023 alone.

Contacts



Address:
2926B Foster Creighton Drive
Nashville, Tennessee 37204

Phone: (615) 891-4100

Leasing Inquiries: leasing@anchorinv.com
General Inquiries: Use contact form on the website

© 2023 Anchor Investments. All Rights Reserved.