Cold Storage Facility

Contact An Agent

COLD STORAGE LOGISTICS FACILTY

Port Everglades, Fort Lauderdale, Florida.

Partner with the Developer and Bid your Return.

Discounted debt and Co-Sponsor Opportunity

Lock in an 8% interest for 3 to 10 years.

Bid your profit share and IRR

 A unique income producing investment

 

Investment  Overview

Property Highlights

  • Up to 80,000 SF of cooler/freezer space, design to suit
  • 5 million cubic feet
  • 40’ clear height to maximize cubic space
  • Capacity of up to approximately 10,000 pallet positions
  • Multiple dock high loading positions
  • Quell fire  sprinkler system

Port  Everglades  Information  & Statistics

  • Florida’s #1 Port for perishables
  • Florida’s #1 Sea Port for import/export trade
  • Top exporting FTZ in the country for warehouse and distribution
  • activity, ranked by the FTZ Board
  • World’s 3rd Busiest Cruise Port

 

PROFORMA TERM SHEET
Re:       $5,395,361.00 Dequity Loan including interest reserve
Profit Participating Mortgage Loan
For acquisition and construction of a 80,435 SF Cold Storage facility

The Dequity loan investment is being considered under the

following basic terms:

Sponsor Equity:            $400,000

Senior Lender:             $13,552,509

Term:   3  years

  1. Lender Participation in Profit:
 Interest Rate:     8% p.a. – Interest only – computed on outstanding advances, plus profit from sale or refinance

Collateral:         Second Mortgage & Pledge & Assignment of Membership Interest in Borrower Entity

Profit Split:

Sponsor: 40%

Dequity investor: $60%

Based on either the Actual Sales Price, or an Exit Value – Computed on the Current Year End NOI

multiplied by the “Following Year NOI Factor” at the Established CAP Rate.

SAMPLE BID

Dequity PARTICIPANTS
 Years 1  Year 2  Year 3
Intererst on Loan    353,342    477,140  498,067  $                     –  1,328,549
Share in Net Project Exit Profit  $                –  $                –  2,995,625  $                –   2,995,625
Dequity Participants Gross Return     353,342     477,140    3,493,692  $                –
Less Servicing Fee 5.00%     (17,667)    (23,857)    (174,685)  $                –
CF Earnings     335,675    453,283   3,319,007  $                –
Less Promote Paid to Lead Lender 0.00%  $                –  $                –  $                –  $                –
Net CF Returns  $     335,675  $     453,283    3,319,007  $                –
Return of Investment  $                     –  $                     –   5,395,361  $                     –
Total Net Cash Flow to Investors     335,675      453,283   8,714,368  $                –     9,503,326
1.76
Total Funds Flow to Dequity Investors  (5,395,361)      335,675     453,283   8,714,368  $                –  Profit   4,107,965
Cash on Cash Return  6.22%  8.40% 161.52%  
IRR to Dequity Investors 21.87%