2702 Yale

2702 Yale 2018-03-27T15:07:28+00:00

Project Description

Background

  • Former Church’s Chicken pad site shadow anchored by a new Whole Foods 365
  • Acquired 3 months prior to announcement of new Whole Foods
  • New 5,000 SF retail center planned with anticipated going-in cap rate of 11+%

Acquisition Date

October, 2015

Acquisition/Development Cost

$1,600,000

Projected IRR

48% *

Projected Equity Multiple

4.8x *

*IRR & Equity Multiple shown are project level, before split between investors and sponsor.

Project Details

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