Business Investment (Gas Station/Plaza)

[Sukhpreet Singh]

Investment Info:

Retail commercial investment investment in Naugatuck.

Purchase price: $700,000

Vacant lot with plans to build Gas-Station, Liquor store, & a Dunkin Donuts. Total sq footage, 4,050.

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

Cash flow of businesses + rental income from one storefront.

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

Driving for Dollars

How did you finance this deal?

Seller financing for land acquisition. Looking for financing for the reminder of construction currently

How did you add value to the deal?

Full build-out

What was the outcome?

In Progress

Lessons learned? Challenges?

DOT issues with enter/exit, finding financing, working with contractors.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

N/A