How the sequence looks on a real portfolio shape

Read, Model, Structure, Market, Close — shown on the store counts we actually see. Figures stay bracketed until a closed file and written consent. Nothing here is a claimed transaction.

Request a Portfolio Capital Analysis Sale-leaseback calculator → Sale-leaseback calculator →

Case study · Restaurants

Illustrative — not a closed transaction

A 12-unit franchisee funds three new stores from the real estate under the first seven.

Illustrative 12-unit QSR franchisee example: fund three new stores from the real estate under the first seven. Not a closed transaction.

Situation Twelve-unit franchisee, seven owned boxes, development agreement still open. Growth capital is the constraint, not demand for the next three units.

Structure Portfolio sale-leaseback on the owned stores, individual leases, absolute NNN. Term, escalations, and coverage set from unit economics — not a brochure cap rate.

Outcome Owned-store equity becomes expansion capital. The operator keeps occupying. No number on this page is a closed sale; the analysis says which roofs belong in a first tranche.

Open the full sequence →

Own the dirt under your stores?

Get the same analysis, confidentially, in 48 hours — whether or not you ever sell.

Request a Portfolio Capital Analysis