HOOTERS

Hooters - Tacoma, WA

Consulted the operator on maximizing asset value through lease structuring
Structured the lease to maximize asset value while not over-burdening the operator
Increased value by 15%
Procured a buyer directly through our database
Successfully closed at 96% of list price

Zebra was retained as the exclusive broker to market the subject property based on a sale leaseback by a franchisee operating Hooters restaurants in WA, OR and CA. The operator needed to maximize the value of real estate, while keeping rent expenses comfortable for the operation of the restaurant. Threshold and market analyses yielded a rent that made sense for the operator and we listed the property at specified terms. We procured the buyer directly through our extensive database, whose property we had just sold.

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