A&W Restaurant Building Sells
Neil Walter, at NAI Excel recently sold a free standing A&W in Pocatello, Idaho.
Walter was retained by the owner to exclusively market the A&W Restaurant building for sale. Walter and his Team worked to secure a tenant to operate the A&W franchise and then purchase the facility.
“We worked through more than just selling the facility. We secured a new franchisee who stabilized the A&W business and then purchased the building. The savings were substantial in purchasing the facility for the tenant and worked out to be a good situation for the Seller,” stated Walter.
Walter is licensed in Utah, Nevada, and Idaho, is a CFA charter holder, and teaches Real Estate Finance at Dixie State University.
Neil is both partner and CEO for Brokers Holdings (NAI Excel). His client base is primarily focused on investment properties, development land, special use assets with or without the accompanying business, and difficult to sell REO properties. Neil’s professional experience is built on a capital markets foundation of deal structuring, cash flow modeling, and asset pricing. He has worked on projects including development land, multifamily and student housing, convenience store portfolios, grocery stores, motel/hotel properties, manufacturing companies, transportation companies, wind farms, farms and ranches, professional service firms, and start-up entrepreneurial ventures. He has advised on transactions with or without real estate.
For nine years, Neil taught economics and upper division finance at Dixie State University. His courses include Real Estate Finance, Entrepreneurial Finance, Financial Modeling and Decision Making, Intro to Economics, and Macro Economics. Previously he priced derivatives and structured products and helped create risk metrics for the North American Gas and Power Trade Floor at ConocoPhillips.