Current Investment Opportunities

ZRP West Side Plaza

2305 Augusta Road, West Columbia, SC 29169

14%Target IRR (Yr 5)
1.94xEquity Multiple
$10,300,000Total Equity
7.7%Avg Cash-on-Cash
7.0%Going-In Cap
5 yearsTarget Hold
223k sfTotal Area
95%Occupancy
Why West Side Plaza?Diversified Mix
7 yearsAvg Tenure
2%Submarket Vacancy
Investment Thesis

Why West Side Plaza?

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Durable, credit-anchored income

The center is anchored by a roster of national, e-commerce-resistant credit tenants. 68% of income is secured by anchor and junior-anchor tenants carrying a 7.3-year average remaining term, providing a highly defensible, long-duration cash flow base:

  • Advance Auto Parts (46,649 SF) on a fresh 10-year lease through 2036
  • Hobby Lobby (74,966 SF) term to 2031 and an option through 2036
  • Harbor Freight (16,051 SF) new 2024 lease with term through 2034
  • Dollar Tree (11,127 SF) term to 2030
  • junior anchor Revolution Fitness (31,609 SF) term to 2036


Completed Transactions

Recently Closed Deals

A selection of recently completed investments across our core asset classes.

Avalon Crossing Shopping Center

Indianapolis, IN · Neighborhood Retail

Rents 31% below market · Acquired below replacement cost

Three-building neighborhood retail center on Indianapolis’s northeast side, anchored by Starbucks, Dollar Tree, and Entenmann’s. 38% of base rent rolling with in-place rents 31% below market — clear path to NOI growth through active leasing.

Closed

Cherokee South Plaza

Overland Park (Kansas City), KS

Core-plus, affluent & supply-constrained Midwest submarket

Infill neighborhood retail center benefits from supply-constrained submarket, strong household incomes and a proven tenant mix spanning essential services, medical and experiential retail.

Closed

Stony Point Village

Richmond, VA MSA · Neighborhood Retail

Value-add repositioning · Below replacement cost basis

Grocery-shadow-anchored neighborhood retail center. Lease-up and capital improvement program drove significant NOI growth.

Closed

Jacksons Courtyard

Nashville, TN MSA · Neighborhood Retail

61% discount to replacement · 55% NOI increase · 44.1% IRR · 4.20x MOIC

Undermanaged retail center acquired at significant discount. Intensive leasing and capital improvement program.

Closed

Galleria Commons

Charlotte, NC MSA · Neighborhood Retail

Pre-leased vacant space prior to closing

Acquired from a partnership in liquidation. Repositioned through aggressive leasing, fully stabilized within a short hold.

Closed

Director’s Row

Indianapolis, IN MSA · Industrial / Flex

Multi-tenant flex complex · Strong lease-up execution

Industrial flex acquisition in high-demand submarket. Active management and tenant retention strategy delivered stable cash-on-cash returns.

Closed

ZRP Waldorf

Washington, D.C. MSA · Self-Storage

Lease-up to stabilization · Institutional-quality asset

Purpose-built self-storage facility in supply-constrained submarket. Achieved stabilized occupancy ahead of schedule.

Closed