PICK YOUR PROPERTY GET EARLY ACCESS

THE DEAL

  • Invest $50k to $500k
  • Annual Cash Return: 6% est.
  • Sell anytime or hold for a 5-year return projected at 12%

WELCOME TO THE

FOOD HUB

Located at iPark 84

FULL MENU OF SUCCESS INGREDIENTS
The Food Hub at iPark 84 is a 60,000 square foot food manufacturing and retail complex anchored by the 3,000 square foot Visitor Center. The Visitor Center is slated to become a regional destination and a public showcase highlighting products made at iPark including baked goods, ice cream, cookies, healthy drinks, beer, smoked salmon, crepes and tortillas. As an established and vibrant “hub”, manufacturers in the food and beverage industry have been attracted to iPark due to its existing infrastructure, excellent location and State and County job incentives.

LOCATED directly off of I-84 Exit 50, within 30 minutes of major highways and airports, including I-87, I-684 and Stewart International Airport. This location, only 60 miles from the George Washing Bridge, is ideal for tenants in all areas of manufacture.

FINANCIAL SNAPSHOT

  • Crowd Funding: $2m
  • Sponsor Investment: $1m
  • NOI: $1.0m
  • Interest Payments: $400k p.a.
  • Net Cash Flow: $600k p.a.
  • Current Value: $12m
  • Cash Yield: 6.0%
  • Projected Value (Yr 5): $18m
  • Projected ROE (5-Yr Hold): 12%
  • Current Loan Balance: $9m
  • Interest Rate: 4.5%

THE DETAILS

  • Type: Manufacturing & Showcase
  • Age: New - Current Renovation
  • Square Feet: 63,000
  • Occupancy: 100% Leased

INVEST IN THIS PROPERTY