SIG Handles 1031 Exchange Deal on Church’s Fast Food Restaurant in Alabama

SIG brokers handled a 1031 Exchange deal for a recurring investor who wanted to acquire a fast food restaurant as part of their investment portfolio.

Working with SIG brokers is the best way to maximize opportunities during a portfolio acquisition of new properties and handle complex 1031 Exchange property transaction. Lead SIG broker Amanda Reeves, along with co-broker Doug Roland successfully led one of SIG’s private west coast clients through a 1031 Exchange deal to acquire a fast food property in Alabama.

Church’s Chicken York, Alabama
Property Type: Fast Food
Client Type: Private Owner
Buyer Type: West Coast Buyer (1031 Exchange)
Price: $634,000 (98% of List Price)
Closed at a Higher Price Than Another Brokerage Firm Who Had the Property Listed
Cap Rate: 7.66%
Deal Financing: All Cash

Client Challenges

Rural Area
Only 7 Years Left on Tenant Lease
Buyer Wasn’t Local to the Area

SIG Strategies

Place Our Client’s Priorities First in Negotiations
Creative Marketing and Expertise in 1031 Exchange
Help Client Secure Appropriate Financing for 1031 Exchange
Review and Assist with Title, Survey and Environmental Hurdles

Why SIG

Over $4,000,000,000 in Closed Transactions
Over $600,000,000 in Active Inventory
Over 1,700 Transactions in 48 States
Focused on Creative Marketing
Net Lease Industry Leader

SIG Awards

SC25 Fastest Growing Companies, 2017
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 fast food restaurant for your investment portfolio on a 1031 Exchange? SIG knows exactly how to handle 1031 Exchange financing for clients who are seeking to expand their portfolio and acquire particular properties. 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 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.