Wednesday, June 10, 2015

Store Capital Purchases Portfolio of Three “Dos Gringos” Restaurant Locations

Scottsdale investment company Store Capital is now the owner of three “Dos Gringos” locations. Subject properties total 12,431 square feet and were purchased for a total salesprice of $4,709,703 or $379 per square foot. The restaurants are located in Chandler, Tempe, and Scottsdale. The sale is secured by a master loan agreement with CitiBank. Value of the trust estate covered by the Deed of Trust is $1,368,668. The Mesa "Dos Gringos" is the only location not included in this sale.

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