Tuesday, June 20, 2006

TIC Investment Opportunity: Bridger Law Building - 701 Bridger Avenue, Las Vegas, NV

Minimum Investments Starting At $500,000

Bridger Law BuildingOur newest Tenant-In-Common (TIC) offering is the Bridger Law Building, located on 701 Bridger Avenue in Downtown Las Vegas. This property features the following:
  • Above 7% Cash-on-Cash Return Yr.1
  • Purchase Price: $24,000,000
  • 5.44% Fixed Rate – Non-Recourse Financing – Approx. 2 Yrs. Interest Only
  • Strong Multi-Tenant Mix
  • Over $12 Million in Renovations
  • Loan to Value: 63.6%
  • Cap Rate: 6.94%
  • Projected Cash-On-Cash Return: 7.43%

Please contact me for a full investment summary package or to begin the reservation process, as this property probably won't last long.

Wednesday, June 14, 2006

TIC Investment Opportunity:12 South Place - 1518 Highway 12 South Ashland City, TN 37015

Wilson Estates Property Information:
  • Property Name: 12 South Place
  • Rentable SqFt: ± 44,503.00
  • Purchase Price: $6,870,000.00
  • Price per SqFt: $154.37 /sqft
  • Equity: $3,320,000.00
  • Loan Amount: $3,550,000.00
  • Loan-to-Value: 51.67%
  • Percent Occupied: 99.68%
  • Type: Single-story retail center

Property Description:
12 South Place is a highly visible and easily accessible retail center that is shadow anchored by a Wal-Mart Supercenter. The Property is located on Highway 12 South, which is a main thoroughfare in and out of Ashland City. This location provides the Property with high-level exposure, and is conveniently located with respect to employment centers and major roadways. Ashland City is 15 miles from Nashville and is part of the Metropolitan Statistical Area (MSA). The surrounding retail developments near the Property are experiencing average to above average levels of demand.

Top Tenants by Total Rent:
12 South Place is currently 99.68% occupied with 12 tenants. The noteworthy leaseholders include Dollar General, Movie Gallery, Aaron Rents, and H&R Block. Combined these four tenants occupy 45.28% of the net rentable square footage.

Please contact me for a full marketing brochure and further information regarding this investment.