We are a real estate holding company with decades of construction & development experience including: high rise & boutique hotels, shopping centers, mixed use, restaurants & planned communities. Our current model and strategy is the purchase, rehab, rebranding, redevelopment, stabilization, hold & lease of over 200,000 sq ft of commercial & mixed - use properties on Main Street in South East Iowa.
About Our Plan:
Moving forward with plans to re invigorate Keokuk, Iowa a community hit hard by the shutdowns & aftermath related to Covid - 19. This is a strong agriculture & manufacturing community in one of Iowa's oldest & storied cities with beautiful surroundings & unlimited growth potential.
About Main Street America:
The purchase, rehab, rebranding, redevelopment, stabilization, hold & lease of over 200,000 sq. ft. of commercial & mixed use properties that line Main Street including an indoor / outdoor shopping mall with a new movie theater & anchor stores that sit at the edge of Main Street & The Mississippi River .
Why Main Street:
Main Street matters. Main Street helped define American cities & towns that shaped this countries identity & economy. Throughout the years with freeways, bypasses & a rush to get to the destination Main Street has been left behind by developers & the traditional banking system. A thriving Main Street that boast tourism, shopping, dining & entertainment is an essential part of all communities. The success of this project will span generations in this area.
About The Tourism Economy:
This area is surrounded by The Mississippi River which brings visitors by car & or bus through Downtown / Main Street to explore local sites as well as neighboring areas. Re vitalizing Main Street will replace the missing amenities & stops such as restaurants, cafes, boutiques, galleries & coffee shops to capture the tourism capital.
About The Local Economy:
With a newly built South Eastern Community College, manufacturing, industrial & agricultural businesses providing stable & lasting employment, affordable housing, highly rated schools there is something for everyone. When you picture a post card of Main Street this is it.
About The Funds:
Funds will be used for:
1. The purchase, rehab, rebranding, redevelopment & stabilization of properties that become available along Main Street . [Off - market properties are continually solicited]
2. The rehab, rebranding, redevelopment & stabilization of currently [Company - First & Main Holdings] owned properties along Main Street.
3. The purchase, rehab, rebranding, redevelopment & stabilization of an indoor / outdoor shopping mall with a new movie theater & anchor stores that sit at the intersection of Main Street & The Mississippi River.
About The Payoff:
1. A revitalized Main St. / Downtown area that will increase traffic visiting retail & restaurants is a win for everyone: including the local population, tourists, us & our investor[s].
2. With a 3 year projection of a stabilized 200,000.000 sq. ft. of commercial and mixed use space with a high Class B lease value of $17.00 to $25.00 per sq. ft. gross return ranges from $3,400,000.00 to $5,000,000.00 yearly at full occupancy.
About The Security:
Funds can be repaid by a percentage of ownership and or monthly rent once properties are rehabbed and stabilized and or treated as a loan with interest only payments for the first 3 years or an agreeable HYBRID version.
Additional Info & Pitch Deck Available
Thank You For Your Interest
First & Main Holdings LLC
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