Sanford Retail Loan

Sanford Retail Loan
4590 W Florida 46
Sanford, FL 32771

Sanford Retail Loan

LOCATION

Sanford Retail Loan
4590 W Florida 46
Sanford, FL 32771

SUMMARY

Property Purchase Date:

June 24, 2024

Project Type:

First Position Lien Holder on Net Lease Development

Fund:

BIG LEGACY FUND I

Year:

2024

Total Capitalization

$1,850,725

BIG Equity:

$1,850,725

Total Equity:

$1,850,725

Lease Term:

20 Years NNN; Purchase

Tenants:

First Watch, El Car Wash

INVESTMENT STRATEGY

A developer relationship required short term funding to close on a parcel slated to be developed for First Watch on a 20-year ground lease. The remainder of the parcel will be sold to El Car Wash. The majority of the loan was repaid in October 2024 with a penalty on the unpaid remaining balance. The remaining balance will be in full repayment by September 2025 and has been accruing interest at 18% per annum compounding monthly.

RELATED PROJECTS

JOIN US

Shift your focus.
Grow your future .

We help you transition from highlight reels to high-return investments. With the right team, strategy, and playbook, you can turn today’s momentum into generational wealth.

Sanford Retail Loan