MARKETING DESCRIPTION : Great new multi location coffee concept within the Westfield submarket of Indianapolis.
Local ownership with strong presence within 3 other QSR brands
Hard corner within a high income demographic area with minimal housing supply.
FINANCIALS
GROSS SCH INC : 105000
Loan 1 : -
VACANCY LOSS : 0
Balance :
GROSS EFF INC : 105000
Payment :
EXPENSES : -0
Rate :
NOI : 105000
DATE DUE :
Debt Service : -0
ASSUMABLE? (Y/N) : Yes
Cash flow : 105000
EQUITY :
BUILDING DETAILS
Property Type : 105000
Subtype : QSR/Fast Food
Tenancy : Single Tenant
Total SQFT : 2100
Building class : A
Year Built : 2018
Year Renovated : 2022
Buildings : 1
Stories : 1
Parking Spaces : 8
Elevators : No
Zoning : C-4
Clear Height :
OCCUPANCY : 100
BRANDS/TENANT : Biggby Coffee
INVESTMENT TYPE : Institutional
PERSONAL MOTIVATIONS AND BACKGROUND
Benefits sought : Looking to use free and clear property for a trade into a multi tenant retail strip center or industrial achieving similar returns or better cap rate.
Motivation : Looking to more assets to build up portfolio and want to move out of smaller assets.
Can Add : Can add another 2M in cash into a 6M to 8M asset.
Remarks : This is a property I developed and want to get out of into more bigger assets as my motivation.
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