Dickeys 20 Year Extension

Coldwater, MI

Brookwood Capital bought a short term net lease Dickeys BBQ in Coldwater, MI and we were able to secure a 20 year extension from the operator. We then sold that to a consistent buyer of ours at a high cap rate with the term in place–buyer is holding for long term cash flow, and Brookwood’s cash is freed up to go buy more deals with risk and fix them.