Listed and sold property to acquire cash flow for owners

| Posted by Casey Hatcher

Restaurant: VCV Pizza, Inc. 

Agent: Erik Johnson

Property: 849 North Judge Ely

Parties: Owner VCV Pizza Inc. and Tenant Southwest Deli Group dba McAlister’s Deli

Goal: List to sell or lease the property to get cash flow for the owners and cover their bank loans. 

Obstacles overcome: There is often a stigma to a property when the store closes. The Pizza Inn was a viable operation, it just wasn’t fulfilling or exceeding the operators expectations. 

Final result: Due to the prime location of the property, and previous relationship with the prospective tenant, we were able to contract a long term lease.