Shopping Center 101
Retail real estate is our bread and butter at RockStep Capital. Not only do we believe in retail, we believe in the longevity and security of HomeTown shopping centers and malls nestled in tertiary markets. If you are interested in learning more about this specific sector, the resources below are for you.
Our Shopping Center Resources
Browse our carefully curated library of free, educational resources and content centered around retail real estate and investing in shopping centers, specifically.
Retail eBook Resource
Discover our comprehensive guide for investors seeking unique and underappreciated opportunities in the retail sector. This eBook contains definitions, examples, graphics, and more.
Vocabulary Glossary
For investors looking to enter the retail sector, this document features all necessary vocabulary with definitions, organized in alphabetical order for easy reading.
Vertical Integration Article
In this article, we explore what vertical integration is in real estate and how investing with a vertically integrated retail firm can offer unique advantages.
Risks & Rewards Article
This article highlights the primary risks and rewards associated with investing in the shopping center sector of retail real estate, and explores how to manage these risks and maximize the rewards.
Types of Shopping Centers Article
In this article, start learning about the three types of shopping centers that RockStep Capital buys, operates, and sells, along with the strategic advantages of each property type.
Types of Loans Article
This article explores the types of loans commonly used to finance shopping center acquisitions, including loan terms, leverage, and funding resources that drive investment returns.
Capital Stack Analysis Article
This article helps new retail investors understand the four core components of the real estate capital stack and how each type of financing can be utilized by investors like you.
Types of Tenants Article
This article lays out the four fundamental tenant types present in shopping centers, and how skilled property management teams balance the quantity of each tenant type to create the perfect, customized mix.
Types of Leases Article
In this article, enter the world of commercial lease types by learning the distinctions and benefits of the three most common tenant lease types in shopping centers.
Types of Markets Article
This article lays out the three markets in commercial real estate: primary, secondary, and tertiary. Learn about its characteristics and the expectations for the ideal investor in each market type.
Property Classes Article
In this article, become familiar with the differences, strengths and weaknesses of A, B, and C property classes in commercial real estate.
Due Diligence Article
This article examines due diligence, a crucial aspect of acquiring a shopping center, and provides a detailed walkthrough of the entire process, step by step.
Conservative Underwriting Article
In this article, discover how underwriting is utilized in retail real estate to calculate future expenses at a property, and how conservative underwriting is preferable to aggressive underwriting.
Tenant Health Analysis Article
This article explains how landlords determine whether a tenant is succeeding or struggling and the steps that landlords can take to ensure their tenants become or remain successful.
Value-Creation Strategies Article
In this article, learn about the value-creation strategies that the best-performing shopping centers around the country utilize for maximizing returns for investors and increasing foot traffic at the properties.