Updated over 5 years ago on . Most recent reply
Small strip center on outparcel
Greetings, I am a restaurant franchisee and real estate owner with tons of business and real estate experience EXCEPT in real estate development. I have a chance to develop a small outparcel and build a strip center with myself as a client, Utilities are stubbed to the site.
Inputs I have: Parcel cost, rough $/sq ft to build;
Desired outputs: ROI/IRR
Questions on other inputs:
1. Architectural costs
2. Additional Site costs
3. Equity needed for parcel and construction in % and how the financing works. (I/O for land with x% equity, etc.)
Thanks.



