We will identify build to suit, triple net leased opportunities in the fast food and casual fast food industries.

Once a location is identified for one of these opportunities, we will enter into a lease with each tenant. Lease terms will vary based on location, but typically the leases shall be 15 to 20 years in length. We anticipate rental rates shall achieve a return on investment (ROI) of between 8% and 9% on a cash basis. Once we have a signed lease, we commence construction of the building, which is expected to take 6 - 9 months to complete. While we are under construction we will begin marketing this investment property for sale. Once again sale prices will vary, however current market conditions indicate that sales price cap rates range from 5%to 6%.  We are planning to build three to five buildings in a 12 to 18 month period.  We want to raise a minimum of $5.5mm and a maximum of $9mm so that we can take advantage of slightly larger than average properties if possible as they are more profitable.

The above Plan is based on current market conditions, and the current demand for these type investments. We have identified several possible tenants as well as several possible buyers for these type leases.

Industry Summary:

Opportunities: A number of companies are seeking to expand their presence in the Casual Fast Food and Fast Food area including but not limited to, Panera Bread, Arby’s, Church’s, Popeye’s and KFC.

The main interest is tenants can obtain good locations without any need to acquire the real estate or having to deal with the building risk, which is not their business.  Due to the small size of most of these buildings (from 1700 to 5000), large developers and builders are not interested in bidding on the business, leaving smaller developers with experience a very profitable opportunity, and the associated Investors are able to earn reliable returns from a stable retail use.

John m schottenstein, chairman of qsr ventures has spent over 40 years in the commercial real estate management, acquisitions, development, and commercial real estate ownership business.

John started his career in 1978 with Zell Management Company in Phoenix, Arizona. Zell managed 20 Neighborhood shopping centers. In 1981 he served as the regional manager for the Murdoch Management Company, where he was responsible for several midrise office complexes and neighborhood shopping centers. In 1984 he became the southwest regional manager for Transamerica Real Estate. He was responsible for the management of 400,000 square feet of office buildings and regional responsibility for property management of the southwestern US properties.

In 1987 John joined Glimcher Group, located in Pittsburgh, Pennsylvania.  He was involved in the management, acquisition, and development of 11 neighborhood shopping centers totaling over 1.8 million square feet. In 1989 he joined the Vestar Development Company in Phoenix, Arizona, as the VP of property management. At Vestar John was responsible for the management of over 2.5 million Square feet of neighborhood & Power shopping centers. In 1993 he formed his own company, Monitor Real Estate Services LLC, whose primary business was acquisition, management, and development of commercial properties in the southwest.  In 1996, John merged Monitor Real Estate Services LLC with NAI Horizon, a Phoenix based commercial real estate brokerage management and Acquisitions Company.  From 1996 until 2008, he was the principal in charge of all business operations for NAI Horizon and its offices in Phoenix and Las Vegas.  During this period, John also was involved in the acquisition and development of many properties in the Southwest, and Southeast.  The acquisitions included 16 medical buildings as well as the development of 9 shopping centers totaling over 1,000,000 square feet.  In 2009, John created Monitor Real Estate Advisors, which is the company today from which future acquisitions and management will be operated from.

John is Chairman of Optim Property Solutions in Phoenix, Arizona.  Optim is an Accredited Management Organization (AMO) and currently manages approximately 1 million square feet in Phoenix and Las Vegas, which is made up of retail, industrial, and office properties.

The Development Team:

​ John Schottenstein and his team have over 100 years of combined experience in all phases of real estate development, leasing and sales.

John M Schottenstein / Chairman, QSR Ventures

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Dana Alcorn / Controller

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Tony Sekulovski / Sales + Leasing Broker

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Optim Property Solutions / Property Management

The average building for fast food or fast casual food restaurant is about 2800 sq. ft., but depending on the company range from as small as 1500sq. ft.  to as large as 5000sq. ft.  Based on averages from across the country, the typical restaurant would cost between 1.4mm and 1.8mm to build, including the cost of the land.