TWITTER            LINKEDIN Chicago Office: 120 E. Liberty Dr. Wheaton, IL 60187
Austin Office: 500 W 5th St. Austin, TX 78701

1.1 Years

Hold Term

300%

IRR

4.55x

Equity Multiple Return

Dollar General Market

846 Tucker Rd., Tehachapi, CA 93561

Property Type: Single-tenant Retail

Sold on July 15, 2014, a ground-up development of a stand-alone retail building located in Tehachapi, CA. FCA contributed 100% of the equity for the project, which was completed in a joint venture with Embree Group.

We obtained a 15-year lease with the tenant prior to construction and completed the building to the tenant’s specifications. The completed property was sold to a 1031 exchange buyer, taking advantage of the tenant’s strong credit rating and the historically low interest rate environment.