Real Estate Articles

Johnny Carino’s Grill is a fast growing franchised, casual dining restaurant with about 170 locations in 30 states, Bahrain, Kuwait, Egypt, and United Arab Emirates as of 2008. It is a full-serviced and serves Southern Italy cuisine with pizza, pasta, shrimp, beef, chicken, and pork. Most of the dishes are between $10-20. The brand and restaurant concept are owned by Fired Up, Inc. founded in 1997, and headquartered in Austin, TX. Fired Up owns about 50% of the restaurants and the rest is owned by franchisees. In 2007, Fired Up changed the name from Johnny Carino’s Country Italian to Johnny Carino’s Italian Grill to highlight its open kitchens and open-flame grills. The official website is carinos.com. Johnny Carino’s is expanding very rapidly in California with 15 locations now. It currently has development agreement with 15 franchise partners to expand the restaurant chain to more than 490 locations worldwide.

Property & Location
A typical new Johnny Carino’s restaurant is a custom-built, tile-roof, free standing, and distinctly-designed Tuscan farmhouse building with a few different models, each about 6500 SF on 1.5 acres lot. You will normally find Johnny Carino’s in the suburb or new & growing area but not in down town area or established area with no developable land. The restaurant is often in highly-visible prime location with heavy traffic: main artery, corner lot, near or in front of a major shopping center or mall. Fired Up works with about 20 developers to build new restaurants. Once the restaurants are in operation for a few years, it then sells the real estate and lease back the property. This way the company can get the capital to expand further.
Johnny Carino’s as a tenant
The tenant often signs a 20 years absolute triple-net lease with 10% rent increase for every 5 years. When a property has a lease with corporate guarantee from Fired Up, the rent increase is more conservative, e.g. 1% annually. The revenue per location is in the $2.5-3M range in the first year which is very decent. The building is often priced between $2.5-4M and offers 7.25% to 7.5% cap.

Despite the fact the franchise is expanding rapidly, it did close down a few locations recently, e.g. 3 locations in Florida in 2007 and 1 location so far in Hampton, VA in 2008. This is not all that unusual in the restaurant business.

David V. Tran is the President and Chief Investment Advisor of eFunding Inc., a commercial real estate & loan brokerage, property management & leasing, and TIC company in San Jose, CA. His website is http://www.efundingcom.com. He may be contacted at (408) 288-5500. eFunding does business in all 50 states. He is selected as Pensco Trust’s (a major self-directed IRA custodian) Preferred Professional and is the #1 US commercial real estate expert author. David currently offers 3 FREE real estate investment seminars:

1. How to invest in commercial real estate for retirement income NOW.
2. How to maximize cash flow with 1031 tax-deferred exchange.
3. TIC: Fractional ownership in high-value commercial properties.

You are welcome to share this report, unedited and in its entirety, with anyone you like. You may not remove this text. © 2007-2008 eFunding, Inc

Article Source: http://EzineArticles.com/?expert=David_V._Tran

Known for its industrial base, Faridabad is among a hot property destination in the national capital region, as well. With a number of real estate developers launching group housing projects in the Nahar Paar area, it has also emerged as a residential hub. A major reason why those looking to invest in property in Faridabad should consider these new sectors is that prices here are among the lowest in the whole NCR.

While its connectivity improves with the other NCR locations, Faridabad will be a preferred and an affordable destination for property buyers, moving toward same direction Delhi Metro Rail Corporation (DMRC) has approved the extension of metro linkage from Badarpur to Faridabad and when the Taj Expressway is built, connectivity between the new sectors of Faridabad, Noida and Greater Noida will improve.

Another highway is planned which will begin from Kalindi Kunj, run parallel to Mathura Road, and bypass the city. This highway will girdle all the new sectors, and will merge with Mathura Road on the other side of Faridabad. By reducing travel time to South Delhi, this highway is also expected to provide a fillip to property prices in Faridabad’s new sectors. This will also have a salutary effect on the prices of real estate.

There are various projects lined up for infrastructure boom such as BPTP SEZ come up in 54 acres at Faridabad, DLF is in talks with Escorts to acquire its surplus 200 acres land assets. The key players in the development movement of Faridabad are BPTP (the largest player which owns about 1,500 acres spread over 11 sectors), Omaxe, RPS, Realtech, Triveni, Shiv Sai Infrastructure, California City, KST and SRS, among others.

BPTP will be introducing residential projects in Faridabad which will have a price tag of Rs 40-50 lakh. BPTP has a 1,400 acre land bank in Faridabad and says volumes can be created according to the price. Mumbai-based multiplex chain Inox Leisure will launch its four-screen multiplex in Faridabad.

For more details on Faridabad Real Estate, log on to magicbricks.com

George Gonigal provides you the best and latest information on Dubai Real Estate, If you want to Buy Apartments in India, he suggests you log on to magicbricks.com

Article Source: http://EzineArticles.com/?expert=George_Gonigal

The city of Sarasota is located on the Gulf Coast of southwestern Florida, overlooking a bay with a lot of white sand beaches in its vicinity. This area is a wonderful vacation destination that has, on a lot of occasions, been praised for the wonderful quality of its beaches, the alluring natural scenery, and the vibrant economy of the area.

The property markets here are one of the most thriving and booming sectors, and is also one of the best markets in Florida. The weather here too is so attractive, and is perfect for those who have lots of leisure time to fill. Generally, many vacationers and retirees make their way in large numbers to this lovely Florida city.

The Commercial Real Estate Sector Is Doing Quite Well Here

This city has been generally renowned for its lovely, picturesque views, and an increasing number of businesses and investors have come and invested in the city’s commercial real estate market, which offers retail properties, office properties, investment properties and hotel and resort properties as well.

These days, there are many office buildings, retail properties, apartment complexes, condo developments and plots of land awaiting the entry of more developers. Commercial real estate includes any piece of property that can deliver revenue for whoever chooses to own or invest in it.

Leasing Commercial Property Here

There are investors who are not ready to make a permanent commitment to a piece of property, and would rather wish to begin by leasing commercial real estate in this city. An important aspect to consider is that the process of leasing widely differs from leasing of an apartment or residential property. For those who wish to embark on leasing commercial space here, first try to shop around and locate the deal that best fits your personal goals, needs and interests, as well as analyzing the landscape, and double checking the amenities.

Finding more flexible leasing agreements rather than agreeing on a long-term leasing contract will come in handy in the long run. You also need to pay close attention to the lease details, as you will work within the confines of your leasing conditions, which means that if you to paint the outside of your property, you need to ensure that the lease contract allows this activity. Always remember to never sign a lease agreement if you do not think you can abide by all of the terms imposed.

Issues Facing The Commercial Property Markets Here

According to industry analysts, insurance and property taxes are the two major concerns that need to be addressed and taken cared of if the commercial real estate sector in this city is to further prosper. Despite the issues and problems that hound the commercial property industry, many see a positive trend towards a boom in the coming years for the commercial property market.

These days, the city’s downtown district has been redeveloped, and larger corporations and investments have transformed the city’s skyline, and have made it a word-class business hub. The advantage of investing in this city is that its world-class amenities and attractions continue to attract large numbers of foreign investment, which will help to make this metropolis a thriving and booming regional financial and commercial real estate hub.

http://siestakeyrealestate.com - Sarasota Real Estate