Vennco Equities

Commercial Real Estate Investments

Vennco Equities LLC is a Florida-based real estate investment firm led by principals Shea Schneider and Sholom Eckhaus. The company specializes in value-add retail strip centers and small-bay industrial assets across high-growth markets in the Southeast U.S.

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Shea Schneider

Principal, Co-Founder

[email protected]

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Sholom Eckhaus

Principal, Co-Foundever

[email protected]

Have a property you'd like us to consider or want to get in touch with us for upcoming commercial real estate investing opportunities? Please leave us your information and the nature of your request and we'll reach out within 24-48 hours.

Our Strategy

Value Add Strategy

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Acquire Assets With Below-Market Rents

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Increase Rents To Market Via Renewals Or Retenanting

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Execute Capital And Tenant Improvements

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Stabilize Cash Flow Within 12-18 Months

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Maintain Conservative Cost Basis

Due Diligence Process

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In-Depth Analysis of The Following Key Insights/Data

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Local Development Activity

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Job & Population Growth

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Median Household Income

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Market: Rents, Vacancy, and Time To Lease

Vennco Equities: Portfolio and Acquisitions

2.1x Equity Multiple Expected

  • 29345 SW 152nd Ave, Homestead, FL 33033

Purchased December 2023: $3,450,000

Property Detail: Neighborhood Retail Strip-Center

Cost/Sqft Appreciation: $216/ppf

Current List Price: $5,400,000

Sold Price: $5,400,000

1.5x Equity Multiple

  • Kings Plaza, 7630 S US HWY 1, Port St. Lucie, FL 34952

Purchased September 2024: $2,800,000

Property Detail: Retail Strip-Center, off HWY Corridor

Cost/Sqft Appreciation: $168/ppf

Current Pro-Forma Value 3yr: $4,500,000

Pro-Forma Value: $4,500,000

2.0x Equity Multiple

  • Palm Bay Plaza, 4500 NE Dixie Hwy, Palm Bay, FL 32905

Purchased December 2024: $2,500,000

Property Detail: Retail & Flex Center

Cost/Sqft Appreciation: $69/ppf

Current Pro-Forma Value 3yr: $5,500,000

Pro-Forma Value: $5,000,000

3.0x Multiple Projection

  • 1789 Benbow Court, Apopka, FL 32703

Purchased January 2024: $900,000

Property Detail: Multi-Bay Industrial Warehouse

Cost/Sqft Appreciation: $80/ppf

Current Value / Date: $2,100,000 - June 2025

Current Value: $2,100,000, 4yr 35% IRR

3.1x Equity Multiple 3 yr Exit

  • 7640 NW 36th Avenue

Purchased May 2022: $3,350,000

Property Detail: Warehouse+Lot, 26.3k sqft

Cost/Sqft Appreciation: $48/sqft (warehouse only)

Sold Date: March 2024

Sold Price: $6,500,000

162% ROI, 17 Month Exit

  • 1530 Hillary St, New Orleans, LA 70118

Purchased September 2022: $525,000

Property Detail: Duplex

Rehab Cost: $50,000

Sold Date: March 2024

Sold Price: $787,500

240% ROI, 28 Month Exit

  • 459 Apartment Court, Baton Rouge, LA 70806

Purchase April 2021: $1,060,000

Property Detail: 24 Unit Multi-Family

Rehab Cost: $550,000

Sold Date: August 2023

Sold Price: $2,150,000

$1,000,000 Equity after 1 Year

  • 1725 Delachaise St, New Orleans, LA 70115

Purchased November 2021: $2,595,000

Property Detail: 24 Unit Multi-Family

Rehab Cost: $0, Rent Increase w.out Rehab

Appraisal (Hold) Date: October 2022

Appraised Value: $3,600,000

210% ROI, 25 Month Exit

  • 1528 Hillary St, New Orleans, LA 70118

Purchased February 2022: $391,000

Property Detail: Duplex

Rehab Cost: $125,000

Sold Date: March 2024

Sold Price: $787,500

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