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Updated 27 days ago on . Most recent reply

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A Rao
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Should I develop a build to suit for a QSR in Atlanta GA?

A Rao
Posted

I invest in land and have done entitlement/zoning and other DD work successfully for years.

A broker called me this morning on a property I have on a busy interesection and has a QSR client who likes the location, but does not want to do a ground lease, only a build to suit. 
Is this something I can do without a development background? Is it as simple as getting the site designed and engineered for the footprint, cleared and graded (all of which I am comfortable with), and then hiring a GC to build the building? Or is it more than that and not something to be done without development experience?

Thanks in advance!

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Ronald Rohde
#3 Commercial Real Estate Investing Contributor
  • Attorney
  • Dallas, TX
2,163
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Ronald Rohde
#3 Commercial Real Estate Investing Contributor
  • Attorney
  • Dallas, TX
Replied

You can do it. Hire gmax GC, are you comfortablewith architecture and trades? 

The main issue is your exit is capped so if your costs go up, your profit goes down.

  • Ronald Rohde
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