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Broker

Brad Teitelbaum

Bellagio Real Estate Partners
President
  • 3Active Listings
  • $5,169,900Active Volume
  • 1Under Contract
  • $1,776,500Volume
  • 0Closed Transactions
  • $0Sold Volume

An industry veteran of 18 years, Brad Teitelbaum is a retail investment sales broker focusing on the acquisition and disposition of net lease properties from coast to coast as well as the acquisition and disposition of shopping centers throughout the Midwest. Throughout his career, Brad has directly closed over $750,000,000 of transactions across 28 different states. Brad started his commercial real estate career at Grubb and Ellis in 2006 with a focus on retail leasing. Brad’s direct leasing experience gives him additional insight and perspective when brokering retail investment transactions on behalf of developers, private investors, family offices, funds as well as larger REIT’s. After Grubb and Ellis, Brad became a nationally recognized and trusted advisor in the retail investment sales market while at Colliers International. With prior experience among the largest real estate brokerage companies in the world and currently running a boutique real estate brokerage firm, Brad has the national reach and experience combined with a persistent approach creating value for his clients. Brad has been featured in multiple publications including Crains, Real Estate Bisnow and the Illinois Real Estate Journal. Brad is also a long time member of the International Council of Shopping Centers (ICSC) and has been a volunteer at multiple organizations including: Other Side of the Green, PAWS, and Inspiration Kitchen.

Licensed in: IL
One East Carmel Drive, Suite 200 Carmel, IN 46032

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5081 Hessler Road, Muncie, IN , 47304
  • Size SF2,871
  • Built/Renov1996
  • Price/SF$268
  • Lease Start06-30-1996
  • Rent/SF$17.85
  • Lease Type NN+
  • Lot/AC0.75
  • Pop 5MI30,048

770,000

  • Cap Rate 6.66%
  • NOI $51,247
  • R. Term/Yrs 5.0
  • Guarantor Corporate
  • # Units 425
  • Recent renovation

  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Low rent to sales ratio

  • Recently extended lease

  • Favorable NN+ lease

  • Corporate Guarantee

  • Over 100 Units backed

  • ...
  • Tenant Affordable Dentures & Implants
  • Guarantor Corporate
  • #Units 425
  • Stock Private
1028 North 14th Street, Sheboygan, WI , 53081
  • Size SF1,767
  • Built/Renov2007/2017
  • Price/SF$811
  • Lease Start07-07-2007
  • Rent/SF$54.74
  • Lease Type NN+
  • Lot/AC0.33
  • Pop 5MI47,661

1,433,000

  • Cap Rate 6.75%
  • NOI $96,730
  • R. Term/Yrs 6.5
  • Guarantor Corp R + T
  • # Units 38,038
  • Signalized intersection

  • Hard corner intersection

  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Long operation history

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Starbucks
  • Guarantor Corp T and Rated
  • #Units 38,038
  • Moody's/S&P Baa1/ BBB+
  • Stock NASDAQ: SBUX
959 Sierra Street, Kingsburg, CA , 93631
  • Size SF5,400
  • Built/Renov1979
  • Price/SF$549
  • Lease Start06-03-1998
  • Rent/SF$27.47
  • Lease Type NN+
  • Lot/AC0.72
  • Pop 5MI29,624

2,966,900

  • Cap Rate 5.00%
  • NOI $148,344
  • R. Term/Yrs 4.3
  • Guarantor Corp R + T
  • # Units 7,140
  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Shopping Ctr out-parcel

  • Top 100 MSA

  • Long operation history

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 7,140
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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