|1409 W. Austin St.
Port Lavaca, TX 77979
|Net Rentable Area:
|2,040 square feet
|Ample with 100%
Concrete Parking Lot
|Dairy Queen 1409 W. Austin St. Port Lavaca, Texas
|Net Rentable Area:
|Buy and Hold
|Property Type :
|Purchase Cap Rate:
|Estimated Closing Date:
|September 1, 2021
*The above is not intended to be a full list or discussion of all the risks of this investment.
Mr. Schwetz has managed, leased, and financed over 1 million square feet of retail real estate and has financed over $100,000,000 worth of commercial real estate. As a member of the International Council of Shopping Centers for the past 28 years, Mr. Schwetz holds the highest designation of CRX, Certified Retail Property Executive as well as a CSM, Certified Shopping Center Manager. Additionally, he has been a licensed California Real Estate Broker since 1988.
JDS Real Estate Inc. leverages its extensive relationships with owners, lenders and listing brokers to access retail and single-tenant properties. Over 50% of previous deals and existing deals have been acquired through off-market or limited market processes.
Jason Schwetz is also the Founder, CEO and President of JDS Restaurant Group Inc. For over 24 years, JDS Restaurant Group Inc. has owned and operated Senor Grandes Fresh Mexican Grill located in Woodland Hills, CA. JDS Restaurant Group, created, built and operated 4 quick-service restaurants. Three of the four restaurants were sold between 1995 and 1997. The Woodland Hills location continues to serve delicious, fresh Mexican food.
When Jason is not working (which is rare) he is an avid hockey player, fan and coach.
Note: The financials below assume TripleNetZeroDebt.com invests the full amount of the funds needed to close this transaction.
Investors will earn monthly distributions equal to the rate in the Year One Estimated Monthly Cash Distributions To An Investor Based On Invested Dollars chart above. Provided no additional reserves are needed, distributions will increase in accordance with rental schedule as per the lease agreement.
All operational expenses and reserves of the Property will be deducted from the Gross Income first, prior to any distributions. Examples of deductions include but are not limited to: filing fees, accounting fees, tax returns, K1s (if any), legal fees, and reserves. Because any and all fees are not known at this time, Investors distributions stated above are reasonable estimates.
Distributions will commence on the 61st day following the closing. The first two months of rental income may be held in reserves, and if so, will be added to the Property's reserves if deemed needed.
The above distributions does not include any distributions (if any) that will result from the sale of the Property. Any distributions made as a result of Sale Proceeds (if any), will be in addition to the above cash on cash returns.
All distributions are at the discretion of TripleNetZeroDebt.com and its Managing Member who may need to delay distributions for any reason, including but not limited to: maintenance, repairs, replacements or capital reserves. All distributions are contingent upon the tenant paying its rent and CAMs in a timely manner and/or exercising its Option(s).
This page list some frequently asked questions that pertain to this specific Property. Please feel free to submit your own questions by emailing them to: info@TripleNetZeroDebt.com
Owners of properties sell for any number of reasons. Why a Seller is selling is not the question, the question should be “Why is the buyer buying?” If you are satisfied with the due diligence and the financial benefits are acceptable, then the buyer should buy and the investor should invest.