CrowdStreet: Tesla Build-To-Suit Orlando


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Real estate investment platform CrowdStreet announced an offering for an equity investment in a custom-built dealership and service center for Tesla Inc. in Kissimmee, Florida.

The Tesla build-to-suit flex development will consist of a 57,436-square-foot facility in Kissimmee, a suburb 20 miles south of Orlando. The project will begin construction when the funding round closes and is expected to be completed in March 2024.

Florida ranks second in Tesla ownership, third in the number of Tesla dealerships and accounts for 11% of all used Tesla sales. Because of this, Tesla has decided to partner with O’Connor Capital Partners to design and build a dealership and service facility to meet the state’s demand for vehicles and service. The building will be a prototype and the first of its kind for the Fortune 100 company. The building will be used for sales, service, test driving, delivery, painting and storage of new and preowned Tesla vehicles.

Tesla, the market-leading multinational electric vehicle manufacturer, has executed a lease with favorable terms for the developers. The lease includes a 15-year occupancy term with a built-in 10% rent escalations clause for every five years it occupies the building. Three five-year extension options and a full financial guarantee from the corporation are included in the agreement. The lease agreement extends beyond the anticipated holding period, providing security for investors in the offering.

Offering sponsor O’Connor Capital Partners has over 40 years of experience and achieved a long track record of investing success. The real estate investment firm has acquired and developed over $30 billion of property since its inception and has over $6.5 billion in managed assets. O’Connor has over 25 years’ worth of experience in the Florida real estate market and has an office in Southeast Florida.

The minimum investment for Tesla Build-to-Suit Orlando is $25,000.

CrowdStreet will host a live webinar at 10 a.m. PST on June 23 with the investment window opening 30 minutes into the webinar.

 

View details of CrowdStreet’s offerings

Photo courtesy of CrowdStreet


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: REITReal EstateAlternative investmentsCrowdstreetoffering announcementreal estate investing