Seeking Partners – 10% Cap Rate, 10yr. NNN

[Brandon Leo]

Hi there,

I'm not on BP a ton, but I really admire this community. I am a small business owner with real estate as part of my overall strategy and I'm looking for advice on where to find a commercial real estate investor for a sale/leaseback.

I'm in the middle of acquiring a 30-year old company in Connecticut that owns it's real estate. I'm looking for a commercial real estate investor to purchase 90% of the real estate and 10% of the business. My partner and I would own 90% of the business and 10% of the real estate. This allows us both visibility into the financial health of the underlying assets.

I'm offering a 10% Cap Rate with a 10-year NNN lease.

We will be making five acquisitions over the next five years of businesses with owned real estate, and optimizing them into a larger parent company.

We're forecasting an estimated annualized CoCR of about 24% over five years.