CASE STUDY #7
1031 EXCHANGE →
Sold Property14134 Burbank Blvd. | Sherman Oaks, CA 91401
Purchased Property850 Mansell Rd.,Rosswell, GA 30076 | Del Taco
SOLD PRICE:
UNITS:
CAP RATE:
NOI:
BUILDING SF:
$3,970,000
17
3.72%
$152,657
13,594
PURCHASED PRICE:
PROPERTY TYPE:
CAP RATE:
NOI:
BUILDING SF:
$2,800,000
DEL TACO
5%
$140,000
3,268
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
Pull $1,000,000 out of the proceeds
tEAM aCCOMPLISMENTS
20 Year absolute Triple Net
Corporate Guarantee
10% annual rental increase
4x 5-year options to extend
Excellent Location
No management required