Fwd: Sale Leaseback



Henry McClure  
785.383.9994
sent from mobile 📱
time kills deals

---------- Forwarded message ---------
From: Henry McClure <mcre13@gmail.com>
Date: Sun, May 1, 2022, 4:30 PM
Subject: Fwd: Sale Leaseback
To: Sterling Scott <sterling.scott@svn.com>


https://parkingtopeka.blogspot.com/

fyi

---------- Forwarded message ---------
From: Henry McClure <mcre13@gmail.com>
Date: Sun, May 1, 2022 at 4:28 PM
Subject: Sale Leaseback
To: Hannah M. Uhlrig <huhlrig@topeka.org>, Neil Dobler <neil.dobler@bartwest.com>, Emerson Tony <temerson@topeka.org>, Bill Cochran <wcochran@topeka.org>


With a sale-leaseback, you can maintain total control.  Even put a deed restriction that all properties must remain market rate public parking. 

These are low due to holes in my information. My numbers are missing some data. 

This would grow the Taxbase $443,997.95 annually 

Income from sale - $23,589,983 

With the City guaranteeing the lease an investor is going to feel good about the payment. This opens up this deal to so many more investors. A strong lease gives you total control. Keep operating them yourselves. 

Creating the right structure of the lease will be perceived as a great deal. The City will get a premium price. 

This idea is worth exploring 

--
Henry McClure 
Time kills deals
785-383-9994


--
Henry McClure 
Time kills deals
785-383-9994

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