Description

Awesome ROI 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, Awesome ROI initiated monitoring this opportunity. However, in August, Awesome ROI opted to meet the seller’s lease pricing expectations, resulting in the attainment of the property. Awesome ROI 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 Awesome ROI, 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, Awesome ROI successfully secured a significant allocation for the investment group.

 

Factors Driving Our Excitement for This Opportunity

• Prime Location: Situated where 95 cars pass by regularly, this location offers high visibility and accessibility, increasing the likelihood of attracting customers.
• Parking Availability: With 75 parking spots, customers will find it convenient to stop by, enhancing foot traffic and potentially increasing sales.
• Existing Tenants: Having two existing tenants already in place, generating monthly rents of $1,500 and $4,500 respectively, provides a steady revenue stream and demonstrates the viability of the location for business operations.
• Experienced Operator: The company’s experience in operating convenience stores instills confidence in its ability to effectively manage the business, maximize profitability, and navigate regulatory requirements.
• Substantial Inventory: With an inventory valued at $2.5 million, there is a wide range of products available to meet customer needs and preferences, potentially increasing sales and profitability.

 

Investment Details

Unconventional

• Asking Price: $4M
• Underwritten Hold Period: 3 Years
• Unconventional Investment ($50k minimum)
  • Monthly Payout:– 8%
  • Yearly Bonus: 7%
  • IRR: 15%
  • Duration: 3 Years
• Funding Deadline: June 2, 2024
• Target Closing Date: June 13, 2024

Conventional 

• • Asking Price: $4M
  • Underwritten Hold Period: 3 Years
  • Conventional Investment ($50k minimum)
    • Monthly Payout:- 8%
    • Equity: 2%-20%
    • 50k: 2%
    • 100k: 4%
    • 500k: 8%
    • 2M: 12%
    • 3.5M: 16%
    • 5M: 20%
    • IRR: 11-20% (depending on the investment)
    • Duration: 5 Years
  • Funding Deadline: June 2, 2024
  • Target Closing Date: June 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:

Optimal Location: Positioned within a vibrant district teeming with activity, our store benefits from its strategic placement, offering superb visibility and seamless accessibility to attract a steady stream of patrons.

Diverse Community: The Glendale submarket boasts a varied populace encompassing individuals from diverse socioeconomic backgrounds and cultural heritages, providing a broad spectrum of potential customers for our convenience store merchandise.

Dynamic Retail Environment: Glendale’s urban retail landscape pulsates with vitality, characterized by a lively mix of shopping centers, commercial enclaves, and retail establishments, underscoring a robust demand for goods and services within the locality.

Economic Resilience: Bolstered by ongoing commercial ventures and a stable employment sector, Glendale epitomizes economic strength, fostering favorable conditions for enterprises like Awesome Convenience and More to flourish and prosper.

Convenient Access: Strategically situated near major thoroughfares and in close proximity to residential neighborhoods, our store enjoys convenient accessibility, facilitating customer visits and bolstering foot traffic.

Expansion Opportunities: Positioned as a premier retail destination, the Glendale submarket offers ample avenues for growth and advancement, presenting exciting prospects for Awesome Convenience and More to broaden its reach, tap into emerging market trends, and optimize profitability.