Description

AwesomeROI is thrilled to announce the acquisition of commercial property in Glendale, Az, a standalone building of 5,594 total sq ft, constructed in 2001, situated in the Retail Strip Center of 91st Ave & Indian School.

Commencing from July 2023, AwesomeROI initiated monitoring this opportunity. However, in August, AwesomeROI opted to meet the seller’s lease pricing expectations, resulting in the attainment of the property. AwesomeROI successfully acquired the lease for this property. However, progress on further development of the building has been temporarily halted due to city regulations. Presently, we are actively seeking opportunities to advance the establishment of an in-house business venture within unconventional sectors.

This transaction stands as one of the most promising deals to date for AwesomeROI, this commitment presents lucrative opportunities for high-profit returns within a rapidly growing demographic region, characterized by multiple ongoing commercial developments.

Thanks to our robust rapport and track record with our investor team, AwesomeROI successfully secured a significant allocation for the investment group.

 

Factors Driving Our Excitement for This Opportunity

Sustainable Growth: Investing in in-house unconventional sectors allows investors to support innovative and sustainable business models, contributing to long-term economic growth and societal advancement while generating attractive financial returns.

Multiple Investment Opportunities: We offer flexible investment structures tailored to meet the unique needs and preferences of our investors, providing opportunities for both passive and active involvement in commercial property investments within unconventional & conventional sectors.

Transparent Communication: We prioritize transparent communication and collaboration with our investors, providing regular updates and insights into the performance and progress of our commercial property investments, fostering trust and confidence in our partnership.

High Profit Establishment: By investing in in-house unconventional sectors, investors can capitalize on emerging trends and industries poised for rapid growth, providing the potential for significant returns on investment.

Strategic Advantage: Our expertise and insight into unconventional sectors give us a strategic advantage in identifying lucrative investment opportunities and navigating complex market dynamics, ultimately maximizing returns for our investors.

Risk Diversification: Diversifying your investment portfolio with exposure to unconventional sectors within commercial real estate can help mitigate overall investment risk and enhance long-term portfolio stability.

 

Investment Details

• Asking Price: $2.1M
• Underwritten Hold Period: 3-5 Years
• Unconventional Investment : $50k minimum
  • Monthly Payout:- 8%
  • Yearly bonus :- 7% (End of Year)
  • Net IRR: 15%
  • Duration: 3 Years
• Funding Deadline: June  2, 2024
• Target Closing Date: July 13, 2024
• Distributions & Communications
  • Monthly distributions by the end of the month (starting in August 2024)
  • Monthly updates and financial reports by the end of the month
  • Detailed Quarterly reporting by the end of the month following the end of the previous quarter
• This offering is available to accredited investors only.

 

Submarket Overview:

• The Avondale submarket, situated just south of Glendale, boasts a stable, middle-income demographic characterized by a robust presence of single-family residences and neighborhood retail establishments.
• The urban retail and commercial landscape are undergoing vigorous expansion, marked by the proliferation of retail outlets, shopping centers, and commercial enterprises.
• With the implementation of numerous residential projects in the vicinity, a substantial increase in consumer traffic is anticipated within the area.
• Over the past year, Avondale has witnessed a 3.3% surge in its job market. Forecasts project a robust 46.6% growth in employment opportunities over the next decade.
• The consistent economic expansion has resulted in a low unemployment rate in Avondale, aligning with the national average of 4.1% unemployment in the United States.
• Situated adjacent to two neighboring cities and conveniently located just 1.5 miles from the freeway, this property occupies a prime high-traffic location, offering significant potential for development and growth.