Avistone Central Park, LLC

Offering of Limited Liability Investment Interests

A Value-Add Multi-Tenant Industrial Investment Opportunity | Dallas MSA
Available to Accredited Investors Only


  • Targeted IRR 18.10%*
  • 8% Preferred Return* 
  • $50,000 minimum investment
  • 2 year estimated hold
  • Investors Receive an LLC Ownership

The Property
Central Park
Business Center

1901 N Glenville & 1900 Firman Drive
Richardson, Texas 
73,099 SF Multi-Tenant Flex Industrial Park
4 Tenants, 60% occupied

Avistone Central Park, LLC


Why we like this property

Central Park Business Center, 73,099 SF Multi-Tenant Industrial Park
Richardson Texas

Central Park Business Center

Highly Favorable Risk Reward Ratio. Targeted 18.10% IRR and 1.39 x investment multiple over a 2-year holding period.*

Advantageous Purchase Price. The property is being purchased well below its replacement cost.

Superior Location. Central Park Business Center is strategically located in the rapidly expanding Richardson/Plano Telecom Corridor. The Property offers convenient access to major transportation routes such as I-75. Additionally, it’s just minutes away from Richardson’s top-tier retail outlets, entertainment options, and upscale dining venues.

High Barriers to New Construction. The infill location of the Property is almost impossible to replicate due to rising construction expenses and the scarcity of available land in well-situated areas. We expect to purchase the Property well below its replacement cost and believe the limited availability for new development will drive rental rates higher in the years ahead.


Access Investment Summary


10 Reasons Multi-Tenant Industrial Properties

Should Be In Your Portfolio



Who is Avistone?

We are multi-tenant industrial/warehouse experts.  We have completed a round trip on 24 multi-tenant industrial properties and provided an average annual weighted return of 19.01% to our investors.*  

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Avistone’s History of Success*


Commercial Property Acquisitions

4.1 MILLION SQ FT
In Acquisitions

Weighted Rate of Return

19.01%
Weighted Internal Rate of Return

Time For Return On Investment

3.38 YEARS
Weighted Hold Period

Total Number of Full Cycle Investments

24
Full Cycle Investments

ROI

1.55%
Weighted Investment Multiple

Distribution Rate

8.19%
Weighted Yearly Distribution Yield

The Avistone Team

Successful Experienced Multi-tenant Industrial Investment Team
Our executive management team has more than 160 years of combined commercial real estate experience. We conservatively underwrite all acquisitions, acquire and operate properties with potential for high yield and capital appreciation.*

We Co-invest With You
Our interests are aligned because we invest alongside our investors and the principals take a hands-on approach to ensure that each investment provides the maximum return possible for all of us.*

*Accredited Investors Only | Past performance does not guarantee future results.

SEE IMPORTANT DISCLOSURES BELOW


Access Investment Summary



Central Park Investment Highlights*

Property’s Acquisition Price: $6,360,000 ($87.01 psf)
First Mortgage Debt:$4,452,000
Investor Equity:   $3,328,000
Total Capitalization: $7,784,000
Loan Rate & Terms:  WSJP Prime minus 0.50% (currently 8.00%), Interest Only for 18 months, converting to fixed rate with 25-year amortization with a 5-year balloon
Target IRR:* 18.10%
Target Multiple:*1.39 x
Target Holding Period:*2 years

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Central Park Business Center

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© 2024 Avistone, LLC. All rights reserved.

*IMPORTANT DISCLOSURES: This communication is intended exclusively for the private and confidential use of accredited investors. It is transmitted by the sponsor of the investment opportunity, Avistone, LLC, or one of its affiliates (referred to as "Avistone" or "Sponsor") and is provided solely for informational purposes. All information and opinions contained herein, including assumptions and projections (collectively referred to as "Projections"), are furnished by the Sponsor. The Sponsor and its affiliates make no representations or warranties regarding the accuracy of such information and disclaim any liability in this regard. None of the content in this communication is intended to create a binding obligation on the part of the Sponsor or its affiliates. This communication is fully qualified by reference to the comprehensive information regarding the offering set forth in the Sponsor's offering documents, including any private placement memorandum, operating agreement, and subscription agreement (collectively referred to as "Offering Documents"), which should be carefully reviewed before making any investment.

The Projections provided by the Sponsor, including target IRR, target cash-on-cash, and target equity multiple (referred to as "Targets"), are hypothetical and are not based on actual investment results. They are presented solely to provide insight into the Sponsor's investment objectives, outline anticipated risk and reward characteristics, and establish a benchmark for future evaluation of the Sponsor's performance. The Sponsor's Projections and Targets do not constitute predictions, projections, or guarantees of future performance. There is no assurance that the Sponsor will achieve these Projections or Targets. Forward-looking statements, including the Sponsor's Projections and Targets, inherently involve a variety of risks and uncertainties, and actual results may substantially and materially vary from those anticipated. Refer to the applicable Offering Documents for disclosures concerning forward-looking statements. Projections and Targets, including forward-looking statements, should not be the primary basis for an investment decision. Avistone and its affiliates do not provide any assurance regarding returns, or the accuracy or reasonableness of the Projections or Targets provided by the Sponsor. Past performance does not predict future results. The historical performance record of Avistone is not indicative of future outcomes. Third-party audits have not been conducted on the performance of Avistone's prior projects. Differing property offerings and commitment dates for individual property offerings resulted in varying returns for investors.

The metrics of the Full-Cycle Track Record on industrial properties are calculated based on weighted averages that treat investment dollars equally and are computed by aggregating the outcomes of all Avistone full-cycle industrial property investments, with weights corresponding to the respective capitalization amounts for each Full Cycle Investment. This real estate investment is speculative and involves substantial risk. There is a potential for a partial or complete loss of principal investment and should only be undertaken if you are prepared to bear the consequences of such a loss. Thoroughly review all of the Sponsor's Offering Documents, including any "Risk Factors" therein. For additional information concerning risks and disclosures, please visit https://www.avistone.com. None of the content in this communication should be considered investment advice, whether regarding a specific security or an overall investment strategy. Reproduction or distribution of this message to any individual or entity outside the recipient's organization is prohibited without the express consent of Avistone.