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A long shot of the Lancers Square Retail Center

Lancers Square Retail Center

Data by Year: 2022

Quarterly Dividend Amount*: 2019

* on $100,000 investment

Projected Annual Return*: $7,000
Quarterly Dividend Amount*: 2019
  • Q1$1,750
  • Q2$875
  • Q3$875
  • Q4$875

# Q1 was prorated preferred returns based on closing.

* on $100,000 investment

Projected Annual Return*: $7,000
Annual Disbursements Paid*: $8,000
Quarterly Dividend Amount*: 2018
  • Q1$2,250
  • Q2$2,250
  • Q3$1,750
  • Q4$1,750

# Q1 was prorated preferred returns based on closing.

* on $100,000 investment

Projected Annual Return*: $7,000
Annual Disbursements Paid*: $8,250
Quarterly Dividend Amount*: 2017
  • Q1$1,750
  • Q2$2,000
  • Q3$2,250
  • Q4$2,250

# Q1 was prorated preferred returns based on closing.

* on $100,000 investment

Projected Annual Return*: $7,000
Annual Disbursements Paid*: $5,250
Quarterly Dividend Amount*: 2016
  • Q2$1,750
  • Q3$1,750
  • Q4$1,750

* on $100,000 investment:

Projected Annual Return*: $7,000

Financial Data

Close Date: 01-Apr-2016

Exit Date: 5/24/2021

Purchase Price + Cap Ex: $6,031,042

Raise Amount: $2,100,000

Minimum Investment: $50,000

Projected Hold Period: 7 Years

Actual Hold Period: 5.2

Preferred Return: 7 %

Projected Avg Annual Return: 14.30 %

Actual Avg Annual Return: 18.46

Projected IRR: 12.10 %

Actual IRR: 9.42

Loan Amount: $4,455,000

Loan Rate: 4.25 %

Property Facts

Property Type: Commercial Retail Center

Year Built: 1977-1978

Building Size: 50,479 Sqft

Lot Size: 5 Acres

Number of Buildings: 3

Number of Tenants: 22