[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.] [@3NDeveloper](/creator/twitter/3NDeveloper) "7. What does this really boil down to Acquisition Price: $47500000 Est. Rehab Costs: $27900000 Est. All-In Basis (Excl. cost of funds): $75400000 Estimated Portfolio Value: $127100000 Estimated Gross Profit: $51700000 (excl. commissions/cost of funds) Keep in mind - these figures can easily swing $10M in either direction. It gets complicated estimating these costs across XX buildings without owning the assets but I think these figures are reasonable"  [@3NDeveloper](/creator/x/3NDeveloper) on [X](/post/tweet/1947149899134636509) 2025-07-21 04:21:26 UTC 8393 followers, 2543 engagements "This is simply a brutal loss. - Rite Aid acquired in 2021 - $8000000 purchase price - $6000000 down payment (25% LTV) It's obvious the person who acquired this was risk adverse: - Great market overall (decent intersection) - Co-tenant to a Trader Joe's - Low leverage acquisition (held under a Family Trust) - XX years of term remaining (at the time of acquisition) This asset is by far the current owner's largest CRE holding. Their only other asset owned is a small industrial building they acquired for $1.6M. They want 'all-in' on the Rite Aid purchase. Within XXX years of their acquisition"  [@3NDeveloper](/creator/x/3NDeveloper) on [X](/post/tweet/1942017414658687366) 2025-07-07 00:26:47 UTC 8391 followers, 81.4K engagements "6. Economics These assets were acquired for an average Price/SF of $XX. At the close of escrow the estimated all-in re-tenanting costs were +-$85/SF. However the real costs really depended on the ultimate transaction performed: - Owner user/vacant sale: $X - $13/SF - Lower tier (discount/thrift): $50-$55/SF - Moderate tier (grocer/fitness/Ross): $100/SF So where have they landed As of now: Sold (5): - X Investment Sales (avg $257/SF) - X Owner-User/Vacant Sales (avg $194/SF) - X Auction Sale (price unknown) Marketed for Sale (7): - X stabilized with tenants like Savers Ace Hardware Grocery"  [@3NDeveloper](/creator/x/3NDeveloper) on [X](/post/tweet/1947149897100333184) 2025-07-21 04:21:26 UTC 8392 followers, 2091 engagements
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
@3NDeveloper
"7. What does this really boil down to Acquisition Price: $47500000 Est. Rehab Costs: $27900000 Est. All-In Basis (Excl. cost of funds): $75400000 Estimated Portfolio Value: $127100000 Estimated Gross Profit: $51700000 (excl. commissions/cost of funds) Keep in mind - these figures can easily swing $10M in either direction. It gets complicated estimating these costs across XX buildings without owning the assets but I think these figures are reasonable"
@3NDeveloper on X 2025-07-21 04:21:26 UTC 8393 followers, 2543 engagements
"This is simply a brutal loss. - Rite Aid acquired in 2021 - $8000000 purchase price - $6000000 down payment (25% LTV) It's obvious the person who acquired this was risk adverse: - Great market overall (decent intersection) - Co-tenant to a Trader Joe's - Low leverage acquisition (held under a Family Trust) - XX years of term remaining (at the time of acquisition) This asset is by far the current owner's largest CRE holding. Their only other asset owned is a small industrial building they acquired for $1.6M. They want 'all-in' on the Rite Aid purchase. Within XXX years of their acquisition" @3NDeveloper on X 2025-07-07 00:26:47 UTC 8391 followers, 81.4K engagements
"6. Economics These assets were acquired for an average Price/SF of $XX. At the close of escrow the estimated all-in re-tenanting costs were +-$85/SF. However the real costs really depended on the ultimate transaction performed: - Owner user/vacant sale: $X - $13/SF - Lower tier (discount/thrift): $50-$55/SF - Moderate tier (grocer/fitness/Ross): $100/SF So where have they landed As of now: Sold (5): - X Investment Sales (avg $257/SF) - X Owner-User/Vacant Sales (avg $194/SF) - X Auction Sale (price unknown) Marketed for Sale (7): - X stabilized with tenants like Savers Ace Hardware Grocery" @3NDeveloper on X 2025-07-21 04:21:26 UTC 8392 followers, 2091 engagements