SOLD PRICE:
UNITS:
CAP RATE:
NOI:
BUILDING SF:

$8,500,000 
41
4.33% 
$367,948 
27,262  

TOTAL PURCHASED PRICE:
PROPERTY TYPE:
CAP RATE:
NOI:
BUILDING SF:

$8,478,778
CHILI’S
5.64% | 5.50% 
$234,577 | $246,410
4,235 | 5,657

Client GoALS

• Sell at the highest value 

• Higher income 

• Annual rental increases to offset the inflation 

• Good Location 

• Lease management intensive 

• The client did not want to leverage 

• Exchange to income tax free state 

tEAM aCCOMPLISMENTS

• 15 Year absolute Triple Net 

• Corporate Guarantee 

• 1.5% annual rental increase 

• 1.5% increased net income 

• 6x 5-year options to extend 

• Excellent Location 

• No management required