Southgate Shopping Center
A Core-Plus, Grocery-Anchored Retail Investment Opportunity
Date: Thursday, April 10th | Time: 12:00 PM CST
Location: Online via Zoom (link sent upon registration)
Reserve Your Spot — Space Is Limited
🏢 About the Opportunity
Join RockStep Capital for an exclusive investor webinar where we’ll walk you through our latest acquisition—Southgate Shopping Center, a fully rebuilt, grocery-anchored retail center in Lake Charles, Louisiana.
This is a core-plus opportunity designed to provide high-net-worth investors and family offices with:
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Predictable, tax-advantaged cash flow
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Value-add upside through conservative lease-up assumptions
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Built-in downside protection by acquiring at ~50% of replacement cost
🔍 What You’ll Learn on the Webinar
✅ Why we believe Southgate represents a rare, low-risk entry point into the grocery-anchored retail space
✅ How we’re targeting a 12% net IRR and 1.7x equity multiple with an annual 8% preferred return, paid quarterly
✅ What makes this tenant mix sticky, recession-resistant, and e-commerce-proof
✅ Our conservative underwriting assumptions—and where we see upside
✅ Details on how to invest directly into the deal or via our diversified fund
🧱 Deal Highlights
📍 Location: Prime retail corridor in Lake Charles, LA
🏬 GLA: 157,818 SF | 90.8% Occupied
🛒 Anchor Tenant: Market Basket – 40+ years at the property
🛠️ Rebuilt: $32M+ in improvements post-2020 hurricane
🧾 Rent Growth Potential: In-place rents 30–50% below market
💼 Sponsor: RockStep Capital – 28 years, 9.7M+ SF acquired, no returned assets
About the Presenter
Andy Weiner, President and Founder
This webinar will be led by Andy Weiner, a seasoned retail real estate executive with decades of experience in shopping center investment, development, and revitalization. He has built and acquired over 9 million square feet of shopping centers across 11 states, focusing on properties in secondary and tertiary markets.
Since launching RockStep Capital, Weiner has positioned the firm as a leader in retail-focused real estate investing. His deep understanding of market trends, tenant dynamics, and commercial redevelopment has driven the company’s success in identifying and transforming shopping centers into thriving retail destinations.