There's more to see ...

Sign Up to access our Offerings

Already have an account?
Log In

This project has reached its funding target
Funded banner Small es mini logo

EarlyFund - BR Central Plaza, LLC

  • EarlyShares
  • Icn offering location Miami, FL

Prominent shopping center in a high-traffic location in St. Petersburg, Florida - Brazilian Investors Only

Icn offering map
  • Icn funding type
  • Icn funding meta
  • Early Fund
  • Equity
  • Total Raise: $930,000
  • Min. Investment: $100,000
  • Expected Hold Period: 7-10 years
  • Property Type: Retail
  • Est. Investor IRR: 13%
  • Est. Cash-on-Cash: 10.6%
Icn check
The Property was purchased for $7,265,000 ($99 Per Sq. Ft. which is well below replacement value.)
Icn check
The Property was financed at a Loan To Value (LTV) ratio below 65% and very attractive fixed interest rate of 3.75% for initial five years of the loan. Fixed interest rate option during years six through ten is capped at 5.75%.
Icn check
Tenants include Family Dollar, Goodwill, CitiTrends, Foot Locker, Payless Shoes, Ferguson and Rainbow Kids. Majority of tenants are national tenants who have operated at the property for many years.