FREE STANDING GROCERY STORE

• Re-Tenanted a vacant grocery store
• Location:  Phoenix, AZ
• Project Start Date:  February 2008
• Funding Date: February 2008
• Equity Invested: $300,000

 Project Highlights:

• 50,000 SF Free Standing Building purchased vacant
• Reduced Asking Price
• Strategic Single Tenant Commitment to Increase Value

 Investment Update:

• Property was Re-Tenanted and Stabilized after Closing
• Currently 100% Leased to 24-hour Fitness on a 15-year lease
• Sold in 2009 as a Stabilized Income Producing Asset on a sub 7 cap

FREE STANDING RETAIL

• Vacant 28,827 SF Retail Building
• Location:  Midland
• Project Start Date:  June 2011
• Funding Date:  January 2012

 Project Highlights:

• 28,827 SF Former Circuit City purchased vacant
• Distressed Asset with Reduced Asking Price
• Strategic Single Tenant Commitment to Increase Value

 Investment Update:

• Havertys Furniture has a signed a 10-year lease and plans to occupy the building this summer
• Property will provide a monthly cash flow to its Equity Partners as soon as Havertys begins paying rent

 

 INDUSTRIAL/WAREHOUSE

•  Vacant 19,000 SF Industrial Building
• Location:  DFW Metroplex, TX
• Project Start Date:  February 2009
• Funding Date: February 2009

Project Highlights:

• 19,000 SF Building purchased vacant
• Distressed Asset with Reduced Asking Price
• Strategic Single Tenant Commitment to Increase Value

Investment Update:

• Property was Re-Tenanted and Stabilized Prior to Closing
• Currently 100% Leased
• Property is provided a monthly cash flow to its Equity Partners

 

ECKERD DRUG PORTFOLIO

• 10 Vacant Free Standing 10,000 SF
• Former Eckerd Drug locations
• Location:  DFW Metroplex, TX
• Project Start Date:  February 2008
• Funding Date: February 2008
• Equity Invested: $1 Million

 Project Highlights:

• Vacant 50,000 SF Free Standing Building
• Reduced Asking Price
• Strategic Single Tenant Commitment to Increase Value

Investment Update:

• Property was Re-Tenanted and Stabilized Prior to Closing
• Currently 100% Leased
• Sold in 2009 as a Stabilized Income Producing Asset