SIG Handles Unique Deal for Recurring Client on New Taco Cabana Property in Texas

SIG brokers handled a new loan for a recurring developer client who wanted to acquire a casual dining property as part of their investment portfolio, but the seller needed to wait 6 months to close on the deal for tax purposes.

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.

Working with SIG brokers is the best way to leverage top listings, lending, and creative solutions. In this deal, lead SIG broker Max Freedman was able to successfully negotiate a deal on a casual dining property between the seller and the buyer, where the buyer was willing to stay in escrow for 6 months due to seller tax implications.

Taco Cabana Greensville, Texas
Client Type: Recurring Client-Merchant Developer
Property Type: Casual Dining
Price: $1,772,992.50
Net Lease Cap Rate: 5.22%
Found a Local Buyer Willing to Sit in Escrow For 6 Months
Didn’t Ask For the Rent Credit
Achieved an Aggressive Market Cap Rate
Deal Financing: All Cash

Client Challenges

Ground Lease That Was Under Construction While We Were Marketing
Seller Needed to Close 6 Months Later Due to Tax Implications and Didn’t Want to Give Up Rent During That Timeframe
Deal Timing Was Unconventional

SIG Strategies

Place Our Client’s Priorities First in Negotiations
Excellent Marketing Strategies
Help Client Secure Appropriate Financing
Creative Solutions to Meet Client Needs
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 casual dining restaurant lease for consistent returns in your investment portfolio or selling a triple net property under unique circumstances? SIG handles new loans on locations for clients who are seeking to expand their portfolio and acquire NNN properties in the casual dining niche, and they can work out custom deals to meet your needs, as a buyer or a seller.