516 E 2nd St
A triple net (NNN) commercial retail building on the main street in The Dalles, United States, with central visibility and access in a redeveloping area about 3 miles from a Google data center. The main unit is on a 5-year NNN lease, the back half is leased to Amoriss CRG via lease-back, and Unit A and Unit B are both on month-to-month leases.
Bedrooms
1
Bathrooms
1
Size
1860 sq ft
Year Built
2024
Projected value
The offering costs $464,706.75 in total. The property itself is $309,750.00, so 50.0% of the total sits on top of the purchase price in reserves, costs and fees. Investors put in $312,000.00 and a $152,706.75 loan covers the rest.
- Purchase price66.7%$309,750.00
- Closing and offering costs0.3%$1,600.00
- Other33.0%$153,356.75
Figures as published by the platform at listing. Reserves are held for the property and stay inside the deal, closing costs and the platform fee do not.
Total Tokens
6,240
Token Price
$62.50
Tokens Available
0
Minimum Investment
$62.50
Token Holders
135
Platform Fee
N/A
Management Fee
N/A
Leverage
49% debt
Blockchain Network
Algorand
Token Symbol
LFTY0418
Property Type
Commercial
Bedrooms
1
Bathrooms
1
Size
1860 sq ft
Year Built
2024
Condition
N/A
