Overview
Highly Favorable Risk Reward Ratio. Targeted 18.10% IRR and 1.39 x investment multiple over a 2-year holding period.* Advantageous Purchase Price. The property is being purchased well below its replacement cost. Superior Location. Central Park Business Center is strategically located in the rapidly expanding Richardson/Plano Telecom Corridor. The Property offers convenient access to major transportation routes such as I-75. Additionally, it’s just minutes away from Richardson’s top-tier retail outlets, entertainment options, and upscale dining venues. High Barriers to New Construction. The infill location of the Property is almost impossible to replicate due to rising construction expenses and the scarcity of available land in well-situated areas. We expect to purchase the Property well below its replacement cost and believe the limited availability for new development will drive rental rates higher in the years ahead.
Accepted Investors
N/A
Raise Close Date
5/1/2024
Regulation Type
506C
Deal Type
N/A
Asset Location(s)
N/A
Asset Class(es)
Commercial
Flex
Industrial