Current Offerings


Townes Crossing

Oswego, IL
Townes Crossing is a 105,731-square-foot neighborhood center that is 95% leased and offers investors the potential for stable cash flows with potential upside. The center, located in Kendall County, is anchored by a 65,000-square-foot Jewel-Osco grocery store. Jewel-Osco, a subsidiary of Albertsons, is the # 1 grocer by market share in the Chicago MSA per Axios Chicago with this location ranked in the top 25% among over 175 stores in the state based on foot traffic data from Retail Stat. Joining Jewel-Osco at the center is an assortment of daily-needs tenants, with current inline tenants having a weighted average tenure at the shopping center exceeding 17 years.
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Food City 9-01

Horizon Village

Phoenix, AZ 85015
Horizon Village is a premier, 113,252-square-foot shopping center located in Phoenix, AZ. The center is 97% occupied and offers investors the opportunity for stable cash flows with potential upside. Horizon Village is 1031-exchange eligible. The center is anchored by a 62,868-square-foot Food City grocery store, an affiliate of Raley’s Supermarkets, and has operated at this location for over 20 years. Joining Food City at the center are many other essential, daily-needs tenants including Ace Hardware, Oak Street Health, Buffalo Wild Wings, Burger King, Subway and Boost Mobile.
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Recently Funded Offerings


Haymarket Village Center

Haymarket, VA
Grocery-Anchored Shopping Center

Bishops Corner

West Hartford, CT
Grocery-Anchored Shopping Center

Crowe’s Crossing

Stone Mountain, GA
Grocery-Anchored Shopping Center

Waldorf Marketplace

Waldorf, Maryland
Grocery-Anchored Shopping Center
CullmanFNRP (1)-1

Cullman Shopping Center

Cullman, AL
Grocery-Anchored Shopping Center

Champions Townhomes

Davenport, FL
Multi-Family Property

West Market Street Station

Akron, Ohio
Grocery-Anchored Shopping Center

Brook Highland Plaza

Birmingham, AL 35242
Grocery-Anchored Shopping Center

How It Works

Our Portfolio

Assets Under Management
Total market value of CRE properties managed by FNRP.
Current Assets Held
Total number of FNRP CRE Properties.
Distributions Since Inception
Total amount of returns that have been paid out to FNRP investors.
Current States Present
Total number of states with FNRP properties.
Total Number of FNRP Investors.
12M+ SF
GLA Since Inception
Total leasable space acquired by FNRP since its beginning.

Select Dispositions


Single Tenant ShopRite

  • Purchase Price: $19,500,000
  • Exit Price: $24,750,000
  • Net IRR: 23.7% [1]
  • Equity Multiple: 1.52x[2]
  • Single-Tenant Freestanding Grocer

Single Tenant Pick n’Save

  • Purchase Price: $13,000,000
  • Exit Price: $17,075,000
  • Net IRR: 45.0% [1]
  • Equity Multiple: 1.41x[2]
  • Single-Tenant Freestanding Grocer

Lenape Plaza

  • Purchase Price: $2,375,000
  • Exit Price: $4,115,000
  • Net IRR: 13.5% [1]
  • Equity Multiple: 1.31x[2]
  • Necessity-Based Retail Center

Colony Business Park

  • Purchase Price: $8,250,000
  • Exit Price: $11,350,000
  • Net IRR: 13.9% [1]
  • Equity Multiple: 1.71x[2]
  • Value-Add Flex Office Space

Ashland Hanover Shopping Center

  • Purchase Price: $17,750,000
  • Exit Price: $22,500,000
  • Net IRR: 6%[1]
  • Equity Multiple: 1.2x[2]
  • Grocery-Anchored Shopping Center

News & Resources

Explore a wealth of information at your fingertips and unlock the knowledge you need to make investment decisions.

Investor Appetite for Retail Real Estate Is Heating Up Again

Investor appetite for retail real estate is heating up again. From innovative storefronts to revitalized shopping centers, the retail landscape is undergoing a dynamic transformation and investors are seizing the opportunity to reshape the future of retail spaces.


The Hottest Real-Estate Play Is in Your Neighborhood

Strip centers are the unexpected real-estate hotspots, with high lease rates and strong tenant demand, driven by shifting consumer habits and online shopping trends. Find out why they believe it is the hottest unassuming locations are outperforming other commercial properties.


Why Necessity-Based CRE is Poised to Outperform in Today’s Market

Yahoo Finance features insights from an interview highlighting the promising prospects in necessity-based commercial real estate (CRE) investments despite prevailing market uncertainties. Distressed CRE properties, triggered by elevated interest rates on loans, are presenting advantageous purchase opportunities in sectors such as multifamily housing and grocery-anchored retail.

How to Complete a 1031 Exchange with a Private Equity Sponsor

After reading this e-book, you should have a requisite understanding of the 1031 Exchange process from top to bottom, what the benefits and risks associated with a 1031 Exchange are, and how to successfully conduct one with a private equity sponsor.

9 Reasons Investors Should Consider Investing in Commercial Real Estate

This blog post highlights the benefits of investing in commercial real estate, including income, diversification, tangible assets, tax advantages, appreciation, inflation hedge, leverage, yield potential, and capital preservation. It discusses property types, investment methods (direct purchase, REITs, syndication, crowdfunding), and advises due diligence.

Investor Success Stories[4]

"I trust their process because of it's stability and the returns they provide. This is the best business model out there right now."

Vasco Gurch, FNRP Investor

"At FNRP, there's not a day that doesn't go by that I don't feel confident, I can get in contact with anyone in the company."

Dennis Carpenter, FNRP Investor

"With FNRP it really feels like they are looking out to just provide you the information so that you can make informed decisions."

Avinash Sujeeth, FNRP Investor

  1. Net IRR (Internal Rate of Return) is defined as the average annualized, compound rate of return using equity contributions and distributions as they occurred on specific dates during the investment period reflective of all fees charged and paid to First National Realty Partners, LLC and its affiliates and subsidiaries. Securities are only available to verified accredited investors who can bear the loss of their investment. Please contact FNRP for an explanation of how such numbers are calculated.
  2. Equity Multiple: the total distributions and remittances to equity investors divided by the total equity contributions from investors during the investment period. Equity Multiple is reflective of all fees charged and paid to First National Realty Partners, LLC and its affiliates and subsidiaries.
  3. Past performance may not be indicative of future results. An investment in commercial real estate is speculative and subject to risk, and there can be no assurance that the future performance of any specific investment, investment strategy or selection of a specific property as referenced in the information herein, will be profitable, equal any corresponding indicated historical performance level(s) or be suitable for your needs. Due to various factors, including changing market conditions, this content may not be reflective of current opinions or positions.
  4. The testimonials provided herein are from FNRP investors. Prospective investors are cautioned as to any inherent conflict of interest which may exist between the investors and FNRP as a result of this relationship. Further, their representations provided may not be representative of the experience of other investors. Any testimonials provided are not a guarantee of future success.
  5. Cash distributions and any specific returns are not guaranteed. An investment in commercial real estate is subject to risk, including the risk that all of your investment may be lost. Any representations concerning investing in commercial real estate, including, without limitation, any representations as to stability, diversification, security, resistance to inflation and any other representations as to the merits of investing in commercial real estate reflect our belief concerning the representations and may or may not come to be realized. The ability to make distributions or the amount of distributions may be affected by factors such as debt and lender restrictions, future capital expenditure needs, and financial performance of the property.