SIG Maximizes Sale Price on Church’s Fast Food Restaurant in Brownsville
SIG brokers handled a deal for private owner who wanted to sell a fast food restaurant in their portfolio.
Working with SIG brokers is the best way to maximize your sale price and find the perfect buyer through marketing and superb negotiation. Lead SIG broker Will Schuhmacher, along with Elan Sieder, successfully maximized the sale price for the property seller and negotiated an attractive triple net lease deal with the existing tenant that included an extension of their lease.
- Church’s Fast Food Restaurant in Brownsville
- Client Type: Private Owner
- Property Type: Fast Food
- Price: $1,280,000
- Cap Rate: 6.39%
- Negotiated With Tenant to Blend and Extend the Existing Lease With a New 10-Year Extension
- New Lease Allowed For Lower CAP and Higher Sale Price
- 5 Weeks From PSA Signed to Close of Escrow
- Net Lease Deal Financing: All Cash
Client Challenges
- Lease Only Had 4.5 Years on it When We Took Listing
- Brownsville is a Tough Market Since it’s a Border Town During Federal Government’s Imprisonment of Children Being Featured on National News Daily
- No Drive-Thru or Parking Lot
SIG Strategies
- Place Our Client’s Priorities First in Negotiations
- Help Client Secure Appropriate Financing
- Successfully Market the Property
- 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 selling a fast food property in your investment portfolio? SIG knows exactly how to handle financing for clients who are seeking to expand their portfolio and acquire the properties you want to sell. 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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