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

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.  

 

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