- Prime location on Eldorado Parkway in Little Elm, Texas, offering 8850 Sq.Ft ( 2 Buildings) for commercial spaces.
- Location: 307 E Eldorado Pkwy, Little Elm, Texas
- Coordinates: 33.163080, -96.934340
- Near by (within 0.5 Mile) : Tinman Social, Hula Hut, Beard park, The village at lakefront, The district in little elm by palladium , lake view court apartments, Robin’s Nest Montessori School, Little Elm community center, little elm, fire station 1, little elm library.
- Total Capital Raising: $1.2M
- Total Purchase Price: $2,400,000.00
- Project Duration: 3 years
- Expected Returns: 70-80%
- No.of Shares: 24
- Our business plan involves acquiring two Shell buildings, leasing them to potential tenants, manage it for 3 years, and then selling them after a three-year period based on the capitalization rate.
- We have signed a contract with Robert Lynn to streamline our marketing efforts and engage the top broker in the DFW area to expedite the leasing process for our 2 buildings with potential tenants.
Property Highlights
- Little Elm is located on the eastern shores of Lewisville Lake being approximately 30 miles north of downtown Dallas and is one of the fastest growing cities in the United States.
- Little Elm Commercials is located right in the Little Elm, TX on the Eldorado Parkway with good Neighborhood.
- Little Elm Commercials has 2 Buildings of Restaurant/ other commercial Space’s to Lease and sell after 3 Years based on the cap rate.
- Property will be on 1 single entity with all 24 share holders as owners with respective ownership percentages
- Entity Name : Two bricks Partners LLC
- A Legal operating partnership agreement will be prepared by attorney on the ownership
- GP’s will be managing the property, communications, coordination work
$1.2M
Capital Raising
24
No of Shares
70% - 80%
Expected Returns
36 Months
Project Duration
$50k
Cost Per Share
$270/Sq.Ft
Price
Option Fee Hard
08-10-2023
Individual LLC Creation/Amount Ready
09-01-2023
Money Transfer Deadline
09-15-2023
Operating Agrement Delivery
09-25-2023
Closing Date
09-30-2023
Total area
2800 sqft
Floor no.
9th
Current status
avaiable
No.of rooms
04
Parking available
yes
Swimming pool
yes
Price from
$4500
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