Teas Ridge Retail, Building One & Two
Teas Ridge Retail Center One and Two are two identical 9645 square foot new commercial retail buildings. Building Two, completed in 2024 is 100% leased with Tint World, PostNet, Mobil Federal Credit Union (Rave Financial Services) and Miracle City. Building One has signed Lenny’s Grilled Subs and negotiating with Aviator’s Grill and a national coffee franchise.
Both buildings feature concrete 23-foot tilt-wall panels on side and back elevations of buildings with red iron structural steel supporting traditional bar joist members. Both roofs are TPO. The front elevation is 28 feet tall framed with heavy gage metal stud, sheathed with marine plywood, finished with light gray stucco and accented with authentic Lueder stone on the eleven columns. Baked enamel metal accents wrap the caps and wings to give a classy elevation. Metal louvers provide protection from the sun on the expansive 125-foot-wide covered porch.
Target IRR 16%
Target Annual Revenue 18%
Minimum Investment $50,000
Preferred Return - 9% (Quarterly Distribution)
Target Raise $2,000,000
Target LP Net Profit Share on Disposition 60%-66%
Hold Period 3-5 years
Available to Accredited Investors (Self Accredited)
Regulation Type 506c
Management Fee 2%
Asset Location Houston Suburb, Conroe, Texas
Asset Class: Retail
Financial Projections
Teas Ridge Retail centers are currently valued at $8,000,000. It is estimated the value will rise to more than $9,50000 over the hold period. Your investment is an equity purchase, and you will join myself in ownership of our brand-new retail centers.
