Barrington Town Center | Aurora, Ohio | 112,631 sq ft.
Acquired in 2017 for $13.1 million, Barrington Town Center is one of the most compelling commercial real estate investments we have experienced. Barrington is an ideal commercial investment opportunity with outstanding fundamentals — superior demographics, and intrinsic value in excess of the acquisition price. Barrington is projected to provide our investors with an average cash flow exceeding 9 percent per year over 10 years, with an IRR of 12-14 percent.
The 112,631 square-foot Barrington Town Center is the dominant grocery shadow-anchored retail center located in the heart of the affluent, upscale (average household income exceeds $130,000) commuter suburb of Aurora, Ohio. It is conveniently located between the Cleveland and Akron major metropolitan areas. The 97 percent occupied property offers an excellent mix of successful national, regional, and local retailers. Barrington is surrounded by the exclusive Barrington Golf Club, featuring its championship Signature Jack Nicklaus golf course, and the luxurious Barrington Estates residential community.
For more on the Barrington Town Center acquisition, read the press release here.
To learn more about the possibility of earning long-term, reliable cash flow with Headwater Capital, contact Robert Kantor at RAKantor@HeadwaterCapital.com