Property Details
Stabilized Occupancy  Stabilized Income  Stabilized Cashflow  NOI Growth 
Asset Profile
Core Plus

The Last Mile Industrial Center

Indianapolis, IN

Industrial Property

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The O'Donnell Group Newport Beach, CA
The O'Donnell Group
  • IRR 20.1%
  • Equity Multiple 1.89x
  • Hold Period 4Y
  • Minimum Investment $25K
  • Year 1 Cash on Cash 8.4%
  • Stabilized Cash on Cash 8.4% in Y1
  • First Distribution Oct 2019
  • Distribution Frequency Quarterly
  • Co-Investment 10%
  • Preferred Return 10%
  • Investor Profit Share 75%
  • Asset Profile Core Plus
  • Loan-to-Value 69%
  • Current Occupancy 100%

About this Property

Why This Property?

The O'Donnell Group: This facility consists of 254,460 square feet designed for distribution warehousing and just under 30,000 square feet of freezer space. The asset benefits from over $2.25M spent in improvements updating all lighting to LED, inside and out, HVAC units, dock doors & kits and a complete tear-off and replacement of the roof in 2019.The property offers immediate access to I-70 and possible rail connectivity.



Why Do You Like This Strategy?

The O'Donnell Group: This strategy provides current cash flow, annual rental increases, and a great anticipated annual return on equity. The anticipated INVESTOR returns are a 20.1% IRR, an equity multiple of 1.89x and 8.40% annual return on equity. The property is being acquired with below market rent at $2.75 with annual appreciation. The opportunity also includes ±3 acres of excess land for future development and possible trailer rental space.



How Are You Mitigating Risks?

The O'Donnell Group: With the combination of long-term tenancy, well-maintained facilities and relentless demand for like-kind, “Last Mile” distribution product, the 4310 Stout Field offering stands as a remarkable, risk-adjusted investment. The property has an initial annual NNN rent is $2.75 which is below market, the 30,000 sq. ft. of the Freezer space that has a market value $12.50 PSF/PY. $2.25 million of strategic capital improvements were completed in order to minimize large capital costs during the hold period.

About this Property

Why This Property?

The O'Donnell Group: This facility consists of 254,460 square feet designed for distribution warehousing and just under 30,000 square feet of freezer space. The asset benefits from over $2.25M spent in improvements updating all lighting to LED, inside and out, HVAC units, dock doors & kits and a complete tear-off and replacement of the roof in 2019.The property offers immediate access to I-70 and possible rail connectivity.



Why Do You Like This Strategy?

The O'Donnell Group: This strategy provides current cash flow, annual rental increases, and a great anticipated annual return on equity. The anticipated INVESTOR returns are a 20.1% IRR, an equity multiple of 1.89x and 8.40% annual return on equity. The property is being acquired with below market rent at $2.75 with annual appreciation. The opportunity also includes ±3 acres of excess land for future development and possible trailer rental space.



How Are You Mitigating Risks?

The O'Donnell Group: With the combination of long-term tenancy, well-maintained facilities and relentless demand for like-kind, “Last Mile” distribution product, the 4310 Stout Field offering stands as a remarkable, risk-adjusted investment. The property has an initial annual NNN rent is $2.75 which is below market, the 30,000 sq. ft. of the Freezer space that has a market value $12.50 PSF/PY. $2.25 million of strategic capital improvements were completed in order to minimize large capital costs during the hold period.

Offered By

The O'Donnell Group

The O'Donnell Group

Newport Beach, CA

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Assets Under
Management

Currently
$166MM less than 10 assets
Exited
$230MM 20+ assets
Portfolio LTV
47%  
Historical
Realized Returns

Total IRR
34%  
Equity Multiple
2.62x  
Annual Cash
N/R  
Years Of
Experience

As Principals
20+ years  
In Business
47 years  
Size
5 Staff * Dedicated investor relations
* All information is reported by The O'Donnell Group as of 6/11/2019.
Assets Under
Management

Currently
$166MM less than 10 assets
Exited
$230MM 20+ assets
Portfolio LTV
47%  
Historical
Returns

Total IRR
34%  
Equity Multiple
2.62x  
Annual Cash
N/R  
Years Of
Experience

As Principals
20+ years  
In Business
47 years  
Size
5 Staff * Dedicated investor relations
* All information is reported by The O'Donnell Group as of 6/11/2019.

Financials

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Offering Financial

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Diligence Preview

Location Details

Indianapolis, IN

4310 Stout Field located in Indianapolis, IN. Conveniently located on the southwest side of Indianapolis, the Property offers immediate access to Interstate 70 and rail service.

Documents

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Offering Agreement Documents

Frequently Asked Questions

Below are some of the most frequently asked questions about this offering.

The funding deadline for this offering is August 1st, 2019.

The first projected distribution is scheduled for October 2019

Distributions are scheduled to go out on a quarterly basis.

Yes, non-US residents are welcome to apply. Please contact the sponsor for more details.

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