Whataburger - Archdale
Market Insight Delivers Results
When rising construction costs impacted the feasibility of our planned 5,900 SF retail development, we adapted our strategy to protect investor value. Rather than proceed with construction amid unsustainable cost increases, we focused on enhancing the property's fundamentals and future potential.
Our team moved forward with strategic site preparation, including property demolition, rezoning approval, and complete construction design and permitting. Working with neighboring property owners, we secured cross-access easements to improve site accessibility and create additional value.
This measured approach proved effective. The fully prepared parcel sold for $1.6 million to Whataburger, generating a 27% IRR for our investors—closely aligning with our original development strategy's projected 28% return, while reducing exposure to construction market volatility.
The project reflects our commitment to:
Responsive market analysis and adaptation
Thorough site preparation and entitlement work
Strategic value creation at each project phase
Maintaining strong returns through market cycles
Sound stewardship of investor capital
