SIG Broker Closes First Deal by Bringing in Multiple Offers on Illinois Retail Pet Store Property

SIG brokers closed a deal on a retail pet store property in Illinois, leveraging marketing techniques and industry connections to bring in 5 offers in 48 hours.

Working with SIG brokers is the best way to leverage top NNN listings, lending, and marketing efforts. In this deal, lead SIG broker Gabe Simpson, along with co-brokers Kaveh Ebrahimi and Zach Martin, were able to successfully bring in multiple offers for a retail pet store NNN property in Schaumburg, IL.

VCA Animal Hospitals, Inc. in Schaumburg, IL
Deal Type: Private Owner
Property Type: Retail, Pet Store
Price: $1,650,000.00
CAP Rate: 7.22%

Client Challenges

The first offer chosen backed out unexpectedly
The existing landlord had financial responsibility for roof and structural repairs, and there was a retaining wall that needed to be replaced

SIG Strategies

First deal closed for SIG Broker, Gabe Simpson. Got the listing by cold calling for only 1 month with SIG and received 5 offers within 48 hours
SIG helped negotiate a $7,750 for credit at closing for repairs needed on a retaining wall on the property
Used the first offer as leverage to other 2 offers received after first potential buyer backed out
Buyer’s broker was very attentive, responsive and easy to work with

Why SIG

Over $4,500,000,000 in Closed Transactions
Over $700,000,000 in Active Inventory
Over 1,900 Transactions in 48 States
Focused on Creative Marketing
Net Lease Industry Leader

SIG Awards

Real Estate Forum Influencers in Net Lease 2019
SC25 Fastest Growing Companies, 2017 & 2018
Real Estate Forum Names SIG to Its List of Commercial Real Estate’s Fastest-Growing Companies, 2016 & 2015
CoStar Power Broker Top Firm Awards, 2017 & 2016

Interested in acquiring a pet retail property for consistent returns in your investment portfolio? SIG handles new loans on locations for clients who are seeking to expand their portfolio and acquire NNN properties in all different niches. When the goal is growing an investment portfolio with specific properties, you can’t trust a typical real estate agency to walk you through the net lease investment process. SIG is a commercial real estate brokerage firm with a wealth of experience helping clients find, secure, and purchase properties to round out their investment portfolio.