214.358.3975 jay@annandaleco.com

Case Studies

FREE STANDING GROCERY STORE

  • Re-Tenanted a vacant grocery store
  • Location:  Phoenix, AZ
  • 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 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 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
  • 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