Industrial Value-Add
Sourced from broker connections, the property is a 65,000 SF industrial building with a BB+ credit tenant that has occupied the building for +66 years. With a current lease in-place at 41% below market rents, the opportunity to renew the tenant at 95% of Fair Market Value provides strong upside on a Year 5 exit.
Projected IRR 20%
Retail - Cash Flow
This opportunity involves the purchase of a 105,173 sf building with two tenants with NNN leases at an in-place cap rate of 8.0%. In addition to strong current income, there is an opportunity exercise the options and substantially increase cash flow and value in 2029.
$3.5M
Target Acquisitions
Examples of assets the fund targets.
Multi-Family Development
Taking advantage of the limited supply in Southern California markets, the development allows for construction of an 183 unit Class A apartment complex.
$2.8M
Past Projects
Proven successful track record
4463-67 48th St - San Diego
+70% Project Level IRR
3864 35th St - San Diego
+55% Project Level IRR
Industrial
Efficient spaces built for logistics and manufacturing.
Land
Strategic parcels perfect for future projects.
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Locations
Nextstone specializes in prime commercial spots tailored for retail, multifamily, and industrial ventures.
Office
123 Market St
Hours
9am - 5pm
