INDUSTRIAL FLEX SPACE WITH OUTDOOR STORAGE
Offering Price: $1,050,000
In-Place vs. Proforma NOI
In-Place NOI: $94,500 (based on 9% cap rate)
Proforma NOI: $132,132
NOI Growth: 39.82%
Upside Potential: $37,632
In-Place vs. Proforma Cap Rate
In-Place Cap Rate: 9.00%
Proforma Cap Rate: 12.58%
Cap Rate Spread: 358 basis points
Estimated Property Value (Based on Proforma NOI & Market Cap Rate)
Proforma NOI: $132,132
Market Cap Rate: 7.5%
Estimated Property Value: $1,761,760
Potential Value Creation: $711,760
These key proforma metrics demonstrate the significant upside potential and value creation opportunity. By marking rents to market upon expiration of the short-term leaseback, an investor can generate substantial NOI growth and compress cap rates, resulting in an estimated potential value creation of over $711,000.
See the deck below:
https://docsend.com/view/bawbnb7duk9gt76n
Debt obtained.