Acquisition Criteria
Blackpoint seeks to purchase prime corner & off-corner locations, shopping center pads and grocery anchored development sites with good access, visibility and high traffic counts. We buy real estate for development, syndication and investment purposes, including retail, medical office, hotel, restaurant and auto-service properties or existing buildings for rehab and re-tenant purposes.
Site Criteria
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Locations or land from 1/2 to 10+ acres: outlots and pads for freestanding and strip tenants, as well as larger tracts for new grocery anchored centers.
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Pads positioned near / in anchored retail centers or high visibility corners with strong retail synergy.
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High visibility to street with traffic counts in excess of 20,000 traffic trips per day with multiple access points.
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Vibrant surrounding activities such as schools, theaters and parks, childcare centers, hospitals, sports facilities, and desirable grocers.
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Locations or land must be positioned in growing population areas with middle to upper middle demographic profiles.
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Opportunities must be Fee Simple in nature. No ground lease opportunities will be considered.