2337 KING GEORGE BLVD, SURREY, BC
About This Offering
This is an opportunity to invest in the construction, management and sale of a Self Storage & Car Wash business in Surrey. Investments start at $10,000. Dividend payments are made monthly once construction is complete and the business is operational, approximately 2 years from now. The final liquidity event is targeted to happen between 2024 to 2026.
NATIONWIDE IV SELF STORAGE & AUTO WASH MANAGEMENT CORP.
A wholly owned subsidiary of CADO Bancorp Ltd. (“CADO”)
- NationWide IV Self Storage & Auto Wash Trust is a private market investment brought to the market by CADO Bancorp Ltd.
- CADO has produced over 25 nationally distributed prospectus offerings and over 10 national private placement offerings and has raised well over ½ billion dollars in equity since 2006.
- CADO engages managers with extensive experience to run its investment programs on a day-to-day basis.
OUTSTANDING LOCATION
- One of the largest industrial centres in BC, with burgeoning high technology, clean energy, health, education, agriculture and arts sectors.
- With 1,000 new residents moving in every month, the City of Surrey is projected to surpass the City of Vancouver as BC’s most populous city by 2041.
- Approximately 85,000 people live within 5km of the South Surrey Development Property.
- Strategically positioned off the King George Blvd and 24 Ave intersection, minutes away from Hwy 99 and two Canada-United States border crossings.
MODERN SELF STORAGE FACILITY & CUSTOMER STOREFRONT
- 80,000 sq. ft. building with 65,000 sq. ft. of net rentable storage space including sky lockers, exclusive of parking, hallways, elevator(s), etc.
- CH-1 Highway Commercial Industrial zoning (storage warehouse & car wash appropriate).
- 70%+ efficiency ratio.
- 845 temperature-controlled storage lockers.
- Bluetooth-enabled smart locks accessible by smart device or fob.
- Ground floor loading bays and drive-up units to attract commercial tenants.
- Reservation and payment system available online.
- Authorized ship centre and package acceptance services.
- Moving and packing supplies.
INVESTMENT OBJECTIVES
- An investment return derived from:
- an annualized preferred base target return based on the current Trust Unit issue price;
- up to 70% participation in returns exceeding the preferred base target return; and
- capital appreciation on the disposition of the Development Property;
- Tax advantaged target monthly income distributions (including return of capital);
- A source of cash flow in various economic environments;
- An investment backed by urban industrial real estate.
INVESTMENT SUMMARY
- MAXIMUM OFFERING SIZE $26,000,000 (260,973 Trust Units) prior to exercise of 35% greenshoe.
- SECURITIES OFFERED Participating Preferred Class A trust units and Participating Preferred Class F trust units (collectively, the “ Trust Units”).
- PRICE PER SECURITY $90 per Trust Unit for the first 88,888 Units ($8,000,000);
- MINIMUM SUBSCRIPTION $10,000. Additional subscriptions may be made in multiples of $1,000.
- PREFERRED CASH DISTRIBUTIONS Investors are expected to receive monthly cash distributions approximately 15-30 months from the
date of the final Closing of the Offering. - LIQUIDITY EVENT Liquidity is expected to occur within approximately 5 to 7 years. Terms and timing of a liquidity event (if any) will depend on opportunities available at the time.
Minimum Investment: $10,000
Targeted ROI: 18%+ Annualized
For more information email: [email protected]