Office or Industrial with weak tenancy
Hard corners of 1-5 acres
The New England States
$500,000 – $10,000,000
North Las Vegas, NV
Purchase 4 acres of raw infill land, zoned residential 1 unit per 2 acres.
Successfully designed a mixed-use development and rezoned the property in only 3 months. Along with the rezone, received use permits for gas sales, liquor sales and gaming. Signed long term ground lease with Circle K on half of the site. Investors realize annualized 65% before tax return.
Purchase defunct dilapidated former bar and redevelop.
After mitigating asbestos, demolishing the building. Negotiated long term ground lease with AutoZone. Investors realized annualized 50% before tax return.
11 acres of retention basins on major road through Clovis, CA.
Negotiated a public-private joint venture between developer and city of Clovis. Filled in the retention basins and executed long term build to suit leases with Southwestern Bell/PacBell and the Internal Revenue Service. Total cost $7,000,000. Investors realized 50% annualized return.