Monday, February 20, 2006

6% : Brookfield Pelham buildings - Greenville, South Carolina

An exceptional TIC opportunity in an outstanding location just got better!

The NNN PLUS® Lease payments have recently been restructured so the TIC owner will receive a 6% lease payment during years 1-10, and a 6.5% payment during years 11-20.

Located in one of the most rapidly growing areas of the country and the fastest in the state, Greenville stands out as a leader in today's economy. With excellent visibility in a high traffic area, the Brookfield Pelham property represents a great real estate investment. Some of the many attributes include:

  • Brookfield Parkway is a three-story, commercial office building located in the Greenville metropolitan area, and is currently 100% occupied with a single, national credit tenant, Lockheed Martin Corporation.


  • Pelham at Hyland is a three building, single-story office/flex complex located in the Greenville metropolitan area, and is currently 89.69% occupied with 10 tenants.


  • The Property is easily accessible from Interstate Highways 85, 185, and 385, and U.S. Highways 25, 123, 29, 276.

The Brookfield Pelham property is ideally positioned in a robust and business-friendly environment and it is available to close immediately Please contact me today to take advantage of this excellent TIC investment.

Friday, February 17, 2006

Buy Land Ideally Located In The Path of Growth

Size: 38.56 acres
Location: Allen, Texas
Cost: $9.2 million ($5.48 per square foot)

This offering features 38.56 acres of undeveloped land positioned in the burgeoning north suburbs of Dallas, Texas. The Property has an excellent highway and interchange corner location with frontage on the expanding State Highway 121, the two-lane highway frontage road to be constructed, and Alma Road.



Key Benefits:

  • Increasing value - The Property’s value is conservatively anticipated to increase to $13.4 million ($8.00 per square foot) over a three-year period, assuming that current growth patterns continue.

  • Ideal location - Both State Highway 121 and Alma Road are being expanded. SH 121 is the East/West highway connecting the Dallas Fort Worth Airport to the Dallas North Toll Way, and further east to Highway 75 (Central Expressway). Alma Road will be expanded to be the North/South four-lane road connecting to the President George Bush Turnpike, which loops around the city of Dallas. A new interchange and overpass will be built at the intersection of SH 121 and Alma Road.

  • In the Path of growth - New developments within a two-mile radius include a Super Target, a Hampton Inn & Suites, a 16-screen theatre complex, a fitness center, a new performing arts center, 66,000 square feet expansion at the Allen Premium Outlet Mall, and Craig Ranch, the master planned community that includes an 18-hole, PGA-owned TPC course.

Remember with low minimum purchase amounts and unlimited appreciation potential, purchasing TIC interests in undeveloped land may be the opportunity you have been looking for to diversify your holdings or to get into the ground floor of real estate investing.

Please contact me for further details regarding this opportunity.


Thursday, February 16, 2006

1031 Exchange TIC Property: Brodick Hill Apartments - Atlanta, Georgia

A 312-Unit Class "A" Luxury Apartment Community

Minimum TIC Investment: $250,000

Located at 7703 Lee Road, Lithia Springs (Douglasville), GA 30122, Brodick Hill Apartments is conveniently situated at the Northwest corner of the intersection of Interstate-20 and Lee Road, on the South side of Vulcan Drive. Although easily accessible by I-20, the property is surrounded by over 20 acres of undisturbed nature area with a creek running through the southern section of the property and wetlands along the creek.

Brodick Hill Apartment was developed by Andrews Properties and completed in 2004. The list of amenities includes a leasing/management office with clubroom for planned social activities, controlled access gates, swimming pool with large sundeck, fitness center, lighted tennis court, clothes care facility, car care center with free vacuum, garages, storage closets, and nature area. Unit amenities include 9’ ceilings, ceiling fans, oversized windows, full-size washer/dryers connections, walk-in closets, chair railing, white-on-white appliances: refrigerators with icemakers, dishwashers, disposals, custom oak cabinetry, kitchen pantries, breakfast bars, track lighting, monitored intrusion alarms, high-speed internet access and private balconies/patios with extra storage. Select units have wood burning fireplaces and sunrooms.

Douglas County is home to Brodick Hill Apartments, part of the 11 county Atlanta Metropolitan Statistical Area. Douglas County is one of the fastest growing areas in the state with population projected to grow 16% in the next four years. Average household income is projected to grow 11% during the same time period. Census estimates in 2004 projected Douglasville as the fastest growing city in the state of Georgia and the 11th fastest growing city in the United States based on percentage of population increases. In addition, Douglas County citizens enjoy the lowest property taxes in the Atlanta metro area. The Board of Commissioners has lowered the millage rate seven times in the past ten years.

The project highlights include:
  • 25,207,650 acquisition price (approx.)
  • $9,861,257 equity investment (approx.)
  • 6.00%+ CAP rate (approx.)
  • $5.80%+ year one cash-on-cash yield (pro forma) (approx.)
  • 294,198 Total Leasable Square Feet
  • $80,794 per unit (approx.)
  • Built in 2004
  • Excellent location just off of Interstate-20 in Douglas County
  • Exceptional unit and community amenities
  • Strong barriers to entry due to limitations placed by local building and planning offices
  • 2004 Census projected Douglasville as the fastest growing city in Georgia and the 11th fastest growing city in the U.S.

Contact me for further details and/or property photos.

Tuesday, February 07, 2006

1031 Exchange TIC Property: Northbay Commerce Center - Tampa, Florida

Grocery Anchored Shopping Center

Minimum TIC Investment $300,000

Northbay Commerce Center - Tampa, FloridaLocated at 8975 Race Track Road, Tampa, FL 33635, Northbay Commerce Center is a 97,613 square foot grocery anchored shopping center anchored by a Lowe’s Home Improvement Center (NAP) and includes national retailers such as Starbucks, Pizza Hut, Verizon Wireless, Bank of America (NAP) and Supercuts.

Northbay Commerce Center is located in the Tampa-St. Petersburg-Clearwater Metropolitan Statistical Area (Tampa MSA) on Florida’s Gulf Coast. The Tampa MSA ranks among the twenty largest metropolitan areas in the nation, consisting of a population of more than 2.5 million. The City of Tampa is the largest incorporated area within the MSA and the seat of Hillsborough County.

  • $28,894,250 acquisition price
  • $12,330,401 equity investment
  • 6.06% CAP rate
  • 6.02% year one cash-on-cash yield (pro forma)
  • 97,613 Total Leasable Square Feet
  • 89.23% occupancy (as of 1/18/06)
  • $296.01 per square foot
  • Built in 2004 & 2005
  • Anchored by Publix, Florida’s dominant grocery operator
  • The shopping center is shadow anchored by Lowe’s Home Improvement Center (NAP)
  • National retailers include Starbucks, Pizza Hut, Verizon Wireless, Bank of America (NAP) and Supercuts

Contact me for further details and/or property photos.