Why we like this deal?
Located in the heart of Buena Park's “Entertainment Zone" The subject property is located on an 8.46 acre parcel and will be approximately 59,000 square feet, and will include a rainforest atrium of approximately 17,000 square feet, an exhibit area, and a theater/education room. In addition, a restaurant and a gift shop will be built and leased to a third party operator.
The principles have extensive prior experience with for-profit entertainment concepts featuring live exhibits.
They have successfully created exhibitions that are both entertaining and educational with mass-market appeal and are experience in developing mixed-use ‘must see’ concepts in resort environments.
This opportunity presents an investor with a commercial note at 12% for 1 year, secured by a recorded mortgage lien or deed of trust on this property.
|Loan Term:||1 year|
|Source of Income:||sales|