LONGTIME FREDDY’S OPERATOR TESTS THE MARKET

Client Profile:

34-unit franchisee wished to take advantage of record-low cap rates, and maximize the value of their real estate.

Strategy:

Century Partners was engaged to perform an evaluation of an 40-unit portfolio segment. After examining the portfolio performance, Century Partners advised the client to sell four of its high-quality Midwest Freddy's locations.

Outcome:

Century Partners marketed both of the assets and they were quickly sold to private 1031 exchange investors. Four properties were sold at record-low cap rates, with an average cap rate of 4.59%, and a total consideration of $13.7 million.

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1031-Exchange

Trophy Asset Sold, Six Properties Acquired via 1031 Exchange | Achieved 40% Boost in Cash Flow

Outcome:

Client sold an underperforming asset, diversifying into six single-tenant properties with 20-year lease terms, increasing their cash flow by 40%.

LONGTIME FREDDY’S OPERATOR TESTS THE MARKET

Outcome:

Century Partners marketed both of the assets and they were quickly sold to private 1031 exchange investors. Four properties were sold at record-low cap rates, with an average cap rate of 4.59%, and a total consideration of $13.7 million.

Sale-Leaseback