CAMPAIGNS  ›  Real Estate Deal  ›  Yearout Mechanical HQ

Property

Yearout Mechanical HQ

8433 Washington Pl NE, Albuquerque, New Mexico
Yearout
100% Funded

$2,000,000 USD

Equity Raised

Overview

Equity Venture Partners in partnership with B&D Holdings presents Yearout Mechanical HQ; an 87,987 SF highly-functional three-building industrial asset, on 7.35 acres, located in Albuquerque, NM. The property will be 100% leased to Yearout Mechanical, serving as its headquarters and only location, on a 12-year absolute net lease and 2.00% annual increases. The property offers an attractive above-market going-in yield, with a cap rate of 7.18% (yield on cost of 6.93%).

Yearout Mechanical has been at the subject property for over 18 years. The purchase price ($13,050,000; $148/SF) reflects an attractive below replacement cost basis on an in-fill industrial asset in a strong market.                                                                                                             

                                                                                                                                         

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Partnerships

Prepare4vc

Prepare 4 VC operates a startup consulting and advisory practice, a global community and an accelerator program that serves as a trusted resource for all EVP startups and investors.

Cambridge Capital Advisors

Cambridge Capital Advisors (CCA) is a commercial real estate firm that provides strategic brokerage and consulting services to both private and institutional clients throughout the country on the acquisition and disposition of investment properties. CCA serves as a strategic partner for real estate transactions.


EQX Fund

EQX is a micro VC fund investing in early stage technology, healthcare and consumer product ventures. EQX Fund is proud to partner with Boston Harbor Angels the third largest U.S Angel group. This is a unique opportunity open to all EVP investor members.

Millenium Trust Company

We have teamed up with Millennium Trust to allow investors to use their self-directed IRAs to invest tax-free in our opportunities.

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