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