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Updated over 1 year ago on . Most recent reply

User Stats

16
Posts
5
Votes
Todd Stender
  • Investor
  • Rolling Hills Estates, CA
5
Votes |
16
Posts

We Closed Our Deal! Popeyes in Kansas City

Todd Stender
  • Investor
  • Rolling Hills Estates, CA
Posted

Investment Info:

Retail buy & hold investment in Raytown.

Purchase price: $1,610,000
Cash invested: $1,610,000

We own the real estate of a Popeyes drive-thru - under a 10-year triple-net lease in Kansas City, MO.

High traffic count, across the street from a Walmart, 5 miles from Arrowhead Stadium. Say no more!

What made you interested in investing in this type of deal?

Simple to understand. Predictable monthly income from recession-resistant business.

How did you find this deal and how did you negotiate it?

I look at QSR deals every day. This one was very unique.

How did you finance this deal?

I raised capital from limited partners. All equity, no debt.

How did you add value to the deal?

Using my expertise in uncovering a hidden gem in plain site.

What was the outcome?

We closed on time!

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