The 98 percent occupied neighborhood retail center, anchored by Grocery Outlet and Ross Dress for Less, comes to market at a 6.75 percent cap rate as value retail continues to outperform. A neighborhood retail center anchored by two of the nation’s leading value retailers has hit the market in Mount Vernon, offering investors a stabilized asset at a price its brokers argue sits well below what it would cost to build today. Mount Vernon Center, a…
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.