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Deal Structure

Contact the RockStep Management Team for more information or call us at (713) 554-7600.

Contact the RockStep Management Team for more information or call us at (713) 554-7600.

8% Preferred Return - Current

5 - 7 Year Hold

Minimum Investment $100K

Single Purpose Entity

Target 12 - 13% + IRR with:

  • Conservative Underwriting
  • Deflated Exit on Paper
  • Lower Leverage

8% Preferred Return - Current

5 - 7 Year Hold

Minimum Investment $100K

Single Purpose Entity

Target 12 - 13% + IRR with:

  • Conservative Underwriting
  • Deflated Exit on Paper
  • Lower Leverage

RockStep Capital has a new offering:

  • Shopping mall in a strong college town in VA.
  • The only enclosed mall in the area. The next closest enclosed mall is 35 miles away.
  • This property has limited large tenant exposures as the key anchors have already “turned” and been redeveloped. The Sears is now Kohl’s, and the Penney’s has been subdivided into three recently-opened stores–Ulta, HomeGoods, and Kirkland’s. The other major tenants include Belk’s, Dick’s, New River Community College, Planet Fitness and a call center.
  • 11 cap on existing income at $54psf—about 35% of replacement cost.

Deal Structure:

  • 8% preferred return targeted to be paid quarterly.
  • 6-7 year hold with a targeted 12%+ IRR.
  • Minimum investment–$100,000.
  • Timing of closing—September
  • Need for investor funds—by September 1
  • Units are available on a first-come first-serve basis

For more information about this property,  please call Andy Weiner, President, at (713) 554-7601, or

RockStep Capital has a new offering:

  • Shopping mall in a strong college town in VA.
  • The only enclosed mall in the area. The next closest enclosed mall is 35 miles away.
  • This property has limited large tenant exposures as the key anchors have already “turned” and been redeveloped. The Sears is now Kohl’s, and the Penney’s has been subdivided into three recently-opened stores–Ulta, HomeGoods, and Kirkland’s. The other major tenants include Belk’s, Dick’s, New River Community College, Planet Fitness and a call center.
  • 11 cap on existing income at $54psf—about 35% of replacement cost.

Deal Structure:

  • 8% preferred return targeted to be paid quarterly.
  • 6-7 year hold with a targeted 12%+ IRR.
  • Minimum investment–$100,000.
  • Timing of closing—September
  • Need for investor funds—by September 1
  • Units are available on a first-come first-serve basis

For more information about this property,  please call Andy Weiner, President, at (713) 554-7601, or