CrownPoint Partners Completes a Noteworthy Sale
CrownPoint Partners has successfully facilitated the sale of a Burger King established for $2.09 million, demonstrating their prowess in the retail investment sector. Both the buyer and seller were expertly represented by the managing partners of the firm, showcasing CrownPoint's commitment to effective brokerage and advisory services.
A Profitable Investment Opportunity
This particular Burger King is under a new fifteen-year ground lease, ensuring a reliable and passive income stream for the buyer. Located in a high-traffic area, it benefits from excellent visibility and accessibility, surrounded by a thriving community and prominent national retailers.
A Competitive Market Environment
The marketing strategy employed by CrownPoint Partners attracted numerous qualified offers, leading to a bidding scenario that resulted in an all-cash buyer. The sold price of $2.09 million exceeded the original listing, reflecting the strong interest in retail properties of this nature. A rigorous vetting process assured that the chosen buyer was well-informed and ready to proceed, which allowed the transaction to close smoothly in under 45 days.
Testimonials Highlighting Success
Julius Swolsky, a managing partner at CrownPoint, emphasized how this deal illustrates continual investor interest in essential service retail tenants, such as Burger King. He noted that quick-service restaurant (QSR) properties grounded in densely populated regions tend to draw attention from investors looking for long-term investment stability.
Building Strong Relationships
Shannon Bona, also a managing partner, spoke about the importance of fortifying client relationships with each transaction. They recalled navigating the complexities of the original sale to ensure their initial client would trust them to facilitate future deals successfully.
Expertise in Retail Investment
This significant sale exemplifies CrownPoint Partners’ strong capabilities in the retail investment domain. Their strategic approach allows them to assist a diverse client roster, from small private developers to larger institutional investors. Every sale reinforces their reputation in effectively managing retail investment transactions across the landscape.
CrownPoint Partners' Background
Founded by experts in net lease transactions, CrownPoint Partners operates with a clear vision. They provide tailored advisory services at all investment stages, focusing on net lease investments, sale-leasebacks, and optimizing capital for growth.
Commitment to Excellence
The dedication that CrownPoint Partners exhibits in fostering transparency and responsible investment practice has solidified their reputation. Their operation ethos revolves around creating long-lasting partnerships that support clients in achieving their financial objectives.
Contacting CrownPoint Partners
If you’re looking for more information or need media inquiries addressed, you can reach out to:
Shannon Bona
Managing Partner & Co-Founder
Phone: 203.592.4688
Email: shannon@crownpoint.co
Julius Swolsky
Managing Partner & Co-Founder
Phone: 419.944.3704
Email: julius@crownpoint.co
Frequently Asked Questions
What was the selling price of the Burger King property?
The Burger King property was sold for $2.09 million.
Who managed the sale?
The sale was managed by Julius Swolsky and Shannon Bona, managing partners at CrownPoint Partners.
What type of lease is associated with the property?
The property is leased under a new fifteen-year ground lease.
How did CrownPoint Partners ensure a smooth transaction?
CrownPoint Partners conducted a rigorous vetting process for prospective buyers and ensured transparency throughout the due diligence.
What is CrownPoint Partners known for?
CrownPoint Partners is recognized for its expertise in structuring and executing retail investment transactions.
