3NP’s Investment Strategy In Action
3060 West Sand Lake Blvd., is a free-standing Logan’s Roadhouse casual dining restaurant in Orlando, off the Florida Turnpike. In a prime location, the property is shadow anchored by Walmart and Lowe’s supercenters. 3NP’s principals identified an opportunity to apply 3NP’s investment strategy by acquiring the property from a restructuring vendor, right-sizing the lease for the tenant-operator and delivering superior investment returns for investors, creating a win-win-win result.
Optimizing Sale Leaseback To Recapitalize Tenant
16715 Hymus Blvd is a prestige office and industrial facility located in close proximity to Montreal-Trudeau airport, and 25 minutes to downtown Montreal. Built new in 2004, the building consists of +/- 21,000 SF of office space and +/- 45,000 SF of fully air conditioned & temperature-controlled warehouse space. The Tenant had spent over 1.3M dollars in 2018 on mission critical utility. Tenant capital improvements included: new 2nd floor state of Art “static” free offices, HVAC (2), increase of parking area to 143 spots with Attractive 28’ Foot Clear Height “White” quality warehouse & assembly space.
Secured Long Term Irreplaceable Asset In Midtown Toronto
29 Birch Ave is a 14,400 sq ft freestanding commercial educational building with splash pad and parking in the heart of Summerhill/Rosedale., home to the largest daycare operator in midtown Toronto. 27B Birch Ave was used as the parking facility serving the day care and zoned CR2.
Cross Border Acquisition of Essential Asset in Core Industrial Park
26 Lorena is an essential facility in Barrie’s main industrial park with immediate access to Hwy 400. Acquired with strong covenant from Omnimax (American owner) for an attractive above current market cap rate due to 3NP’s unique ability to offer custom solution to American Buyer and agent/brokers.