Generational Asset in Los Angeles Sold | Proceeds Used to Purchase Three Wendy’s in Three States

Client Profile:

Private west coast family.

Strategy:

Client wanted to sell one asset and diversify into three different assets located outside California.

Outcome:

  • Client now owns three single-tenant Wendy’s properties located in three different states, each with 20-year lease terms instead of the 5-year term of their previous property. Additionally, the client was able to increase their cash flow. 

More Case Studies

1031 Exchange from Los Angeles Apartments | Industrial to Investment-Grade Credit Net Lease

Outcome:

  • Sourced a single-tenant Autozone in affluent Newbury Park, CA on an off-market basis and successfully restructured a long-term lease extension with the tenant prior to closing.
  • Sourced a single-tenant Del Taco in Allen Park, Michigan, and closed on the transaction prior to the tenant opening for business.
  • Procured long-term fixed-rate, non-recourse debt from life insurance companies for both transactions.

MATCHMAKING A DEVELOPER & FUZZY’S

Outcome:

  • TESTIMONIAL: Century Partners has been instrumental to my company’s growth. They introduced several developers who could assist in structuring a strategic new store rollout plan. They have helped me grow at a faster velocity than going at it alone and have allowed me to stay out of the time-intensive real estate component and focus on running a stellar operations company.