Plano Parkway Business Center
Data by Year: 2022
Quarterly Dividend Amount*: 2020
* on $100,000 investment
| Quarterly Dividend Amount*: | 2019 |
- Q1$2,250
- Q2$2,250
# Q1 was prorated preferred returns based on closing.
* on $100,000 investment
| Projected Annual Return*: | $0 |
| Quarterly Dividend Amount*: | 2019 |
- Q3$2,250
- Q4$3,750
* on $100,000 investment
| Projected Annual Return*: | $0 |
| Quarterly Dividend Amount*: | 2017 |
* on $100,000 investment
| Projected Annual Return*: | $0 |
| Annual Disbursements Paid*: | $0 |
| Quarterly Dividend Amount*: | 2016 |
* on $100,000 investment:
Property Status:
Financial Data
Close Date: 01-Dec-2015
Exit Date: 29/01/2021
Purchase Price + Cap Ex: $10,685,500
Raise Amount: $3,200,000
Minimum Investment: $50,000
Projected Hold Period: 3 Years
Actual Hold Period: 5.4
Preferred Return: 9 %
Projected Avg Annual Return: 23.10 %
Actual Avg Annual Return: 16.13
Projected IRR: 21.80 %
Actual IRR: 12.65
Loan Amount: $7,900,000
Loan Rate: 4.25 %
Property Facts
Property Type: Office Retail Center
Year Built: 1998
Building Size: 113,299 Sqft
Lot Size: 9 Acres
Number of Buildings: 1
Number of Tenants: 6
Notes:
Dividends delayed due to occupancy fill-in progress.