Eastern Texas Hub Store- Only Advance Auto Parts Store in a 70 Mile Radius. Investment Grade Credit Tenant: Advance Auto Parts, Inc (S&P: BBB-). Corporate Signature (NYSE: AAP). Income Tax Free State.
Income guaranteed by Walgreens parent corporate (S&P BBB) investment grade Fortune 500 Company with approximately 9,200 locations. Avg. HH income is a $82,825 (1-mi), $91,049 (3-mi), $83,274 (5-mi), 426,271 pop. in 5-mile radius, traffic count of ± 27,124 VPD.
7 Years Remaining on Corporate Lease Term. 5% Rental Increases in Each 5-Year Option Period. Nearly 50,000 Residents in Trade Area – Serving the Nearby Communities in Raleigh County. Just Over 20 Miles to Beckley, the County Seat of Raleigh County.
10% Rental Increases Every Five Years | (4) 5 Year Options. Long Term Occupancy | Tenant at this Site Since 2005. Drive-Through Equipped Site | E-Commerce Resistant Tenant. Long Term Lease 10 + Years Remaining.
Large 1.755-acre parcel positioned at the signalled intersection of Centerville Turnpike and Kempsville Road. This intersection features average daily traffic counts of 88,000 vehicles and is just over two miles from the Interstate-64 interchange (134,000 VPD).
Burger King store sales are well above the national average year over year. Burger King stayed open throughout 2020 and is considered an essential business. 23k Bonus Rent to Buyer. Burger King has additional upside through gross sales sharing. TN is a tax-free state.
10 Years Remaining – Absolute NNN Lease – Zero Landlord Responsibilities. Outparcel to a Grocery Anchored Shopping Center – Anchored by Giant Eagle Supermarket. Located Just off Interstate 90 – Close Proximity to Sam’s Club, At Home & Burlington.
15-Year Corporate Lease, 6% Increases Every 5 Years Beginning in Year 11. Investment Grade Credit Tenant, Rated ‘BBB’ by S&P. Brand New Upgraded Block Construction, Minimal Landlord Responsibilities.
Lease with Four 5 Year Option Terms. The Tenant, Pattman, LLC, operates 44 locations in Tennessee, Kentucky, Illinois and Missouri. 7% Rent Increase Scheduled for 1/1/2023 and Every 5 years Following (including Options).
Brand New construction with drive-thru concept and pad to Costco in Mountain View Marketplace. Zero landlord responsibilities. 10% rental increases scheduled every five years throughout duration of the term and start of each renewal option.
Located within the City of Houston and in closing proximity to the City of Pearland. Brand New 2021 Construction with dual drive-thru lanes. 20 Year Absolute NNN Ground Lease w/ 8, 5 year renewal options.
Located on Augusta Road with Traffic Counts Exceeding 44,000 Cars Per Day. Approximately 3 miles from Columbia Metropolitan Airport. Excellent Population Growth of Over 4% Within 5 Miles of the Subject Property Projected Over the Next 5 Years.
Absolute NNN lease provides zero management responsibility. 16-Years remaining on the primary term with 4, 5-year options to extend. Long history of strong performing sales. Scheduled rent increases of 8% every 5-years, including each option term.
Investment Grade (BBB) Guaranty. Recession Resistant Tenant. Long Term Lease. $139K Household Incomes within 1-Mile. Extremely High Barriers to Entry. Dollar General operates 16,979 stores in 46 states as of October 30, 2020.
Fresenius Medical Care is the world’s leading provider of products and services for people with chronic kidney failure. Around 3.5 million patients worldwide with this disease regularly undergo dialysis treatment.
CVS Pharmacy is an American retail corporation. Owned by CVS Health, it is headquartered in Woonsocket, Rhode Island. CVS Pharmacy dispenses millions of prescriptions per year and provides important health care services.
Built in 2019, this newly constructed 2,920-square-foot restaurant operates on an absolute NNN lease with zero landlord responsibilities. Scheduled rental increases of five percent every five years during the base term and in each option period, providing a hedge against inflation.
Scheduled Rental Increases I Options To Extend. Absolute NNN Lease I Fee Simple Ownership I Zero Landlord Responsibilities. Signalized, Hard Corner Intersection I Primary Thoroughfare I Direct Residential Consumer Base I Excellent Visibility & Access.
10% Increases In Renewal Options. Essential Retailer with Plans to Open 1,050 New Locations in 2021. Net Sales Increased 17.3% to $8.2 Billion in Q3 2020 Compared to Q3 2019. Upgraded Construction with Block Façade.
Sits Next to recently built Mason Grand | $45 Million Luxury Apartment Complex with 294-Units. Less than One-Mile from One of the Largest Tennis Stadiums in the World & Home of W&S Open. Numerous credit tenants surrounding site.
Out pad to a FoodMaxx anchored center. Staple in the community having operated at this location since 1997. Located only 5 miles from the gate to Travis Air Force Base, the region’s largest employer. Standard & Poor’s BBB+ rated.
2021 Construction. 4,500+/- SF Building on 1.03+/- Acre Site. Brand New 15-Year Corporate Absolute NNN Lease w/ 10% Rent Bumps. Excellent Location at Corner of Highway 290 & Nutty Brown Rd (70K VPD).
20-year Absolute Triple-Net (NNN) lease. There are over 50,000 people living within a five-miles radius to the property with an average household income of over $67,000 well above the national average.
Located at the hard corner of a signalized intersection. 10% rental escalations every five years throughout the primary term and renewal option periods. New construction (2017). Located near La Porte Hospital (227 beds).
Northern Nevada Single Tenant Net-Leased Investment Opportunity. New 20-year lease term, signed upon close. Absolute NNN lease, zero Landlord responsibilities. 6% rent increases, every 5 years. Tenant guaranteed by 16 Burger King franchises with more than $20m in annual sales.
Lease with 9 Years Remaining, 10% Increases in Options. Tremendous Demographics: Clovis, New Mexico has a Population of 38,300 People, Over 4,500 People in a 1 Mile Radius of Subject Property and 30,000 in a 3 Mile Radius.
Lease with 8% Rental Increases Every Five Years. Del Taco (NASDAQ: “TACO”) is the Second-Largest Mexican-American Quick Service Restaurant Chain in the U.S. Located Within Campus Oaks Town Center, a New 38-Acre Retail Development.
The brand new fifteen (15) year lease term commenced September 2, 2019. Attractive Rental Increases – The Subject Property lease provides for 5% rental increases every five (5) years in the lease term and in each of the four (4), five (5) year renewal options.
10% Rental Increases Every 5 Years. 479,722 Residents within a 5-Mile Radius – Infill Phoenix. Brand New High-Quality 2021 Construction with a Drive-Thru. Situated in Major Retail Corridor – Walmart, Ross, Ace Hardware, McDonald’s, 99 Cents Only Stores, and More. Across from American Family Fields of Phoenix Baseball Park, Spring Training Home to the Milwaukee Brewers. High Traffic Location Along West Indian School Road, Visible to 46,200+ Cars/Day. Signalized Hard Corner Location. Strong Daytime Population – 427,198 Employees in Surrounding Area. Less Than 10 Minutes to Grand Canyon University (22,000+ Students).
Approximately 4 Years Remaining in the Lease Term. Five (5) – Five (5) Year Option Periods with 10% Rental Increases. Landlord Responsibilities Limited to Roof, Structure & Parking Lot. 10% Rental Increases in Option Periods. New Family Dollar Leases Have 5% Rent Increases in Options. 1-Mile Population = 24,310 Residents.
Absolute NNN | Zero Landlord Responsibility. Hard Signalized Corner with Great Visibility | Visible to More than 59,000 Vehicles/Day. Minutes from Several Regional Medical Centers and Hospitals. Strong Demographics. | 277,000+ Full Time Residents in Trade Area. Large 1.86 Acre Parcel. Drive Thru Pharmacy. Florida is a No Income Tax Free State.
15 Year Absolute NNN Lease with 9 Years Remaining, 10% Increases in Options. Tremendous Demographics: Clovis, New Mexico has a Population of 38,300 People, Over 4,500 People in a 1 Mile Radius of Subject Property and 30,000 in a 3 Mile Radius. Corner Location of Grand Avenue and Curry Road, Combined Average Traffic Count of Over 8,000 Cars Per Day. 6 Miles From Cannon Airforce Base, A variety of special operations aircraft are stationed at Cannon, including the AC-130W Stinger II, MQ-1 Predator, MQ-9 Reaper, CV-22 Osprey. S&P BBB+ Rated, Publicly Trades on New Yorks Stock Exchange as Symbol DG | Market Capitalization Exceeds $40 Billion.
New TD Bank prototype with remote ATM service. High profile, corner location with strategic positioning in the market. $100,221 AHHI within 1 mile. Long term lease with 10% rent increases provide hedge against inflation.
15 years remain on absolute NNN lease with no Landlord responsibilities. Well positioned with drive-thru to serve guests in COVID-19 environment. 10% rent increase every 5 years in the initial term with four 5-year options.
CVS has committed to a 20-year lease extension at the location. Nearly 960,000 residents within 5-mile radius. Interstate 105 sits just 1.4 miles south (133,000 VPD) while Interstate 710 (230,000 VPD) is 2 miles east of the asset.
Brand-New 2019 Construction with Drive-Thru. Ample Rent Growth – 10% Increases Every Five Years – There are 10% rental increases built into the lease every five years, providing the landlord with positive rent growth and a hedge against inflation.
Zero Landlord Responsibilities. Concrete Parking Lot. Four (5 Year) Options | 10% Rental Rate Increase at Each. 6,396 Cars Per Day on US-12. Three Mile Household Income $61,093. Five Mile Population 36,836.
Corporate Backed Long Term Lease – CVS signed a new 20-year lease underscoring their long term commitment to the site. Absolute Net Lease Structure – Zero landlord responsibilities for operating or capital expenses.
Zero landlord responsibilities, the Absolute NNN lease structure provides for long-term passive ownership. The property is located in a dense infill area of Palmdale, on a hard corner at a lighted intersection, increasing the intrinsic value of the asset.
Located within Walmart outparcel and has desirable drive-thru option. Close proximity to Augusta University, Augusta Airport, Glenn Hills Middle School, Glenn Hills High School, and Fort Gordon Army Base.
6% Rental Increase in Year 11 and Each Option. 26,000 + Vehicles Per Day Traffic Counts. Rare 20 Year Initial Lease Term. 182,000+ Residents with Average HHI of $87K + within 5 miles. Hard Corner Traffic Lit Intersection Parcel.
This is an absolute triple net lease with the tenant responsible for all maintenance and operating expenses. The restaurant enjoys sales above $3mil, well above average unit sales. Jack In The box has a 48 year operating history at this location.
Lease with No Landlord Responsibilities. Attractive Rent Increase – Increasing 10% Every 5 Years with Recent Increase This Year. On Strong Signalized Intersection With Close Proximity to the Connecticut River.
Investment Grade Tenant; Rated “BBB” by Standard & Poor’s. NOI – $396,600. This property is situated on a wrap corner parcel on the southeast corner of Goff Mountain Road (Route 622) (28,000 VPD) and Cross Lanes Drive/Washington Street (Route 62) (6,000 VPD).
New 15-Year Absolute NNN Lease to Investment Grade Tenant. High-Traffic Location in Located in Densely Populated and With Strong Visibility and Access. Excellent Visibility and Access to 23,400 AADT Directly in Front of Location Along FM 529.
Double Net (NN) Lease | Minimal Landlord Responsibilities. 6 (5 Year) Options to Renew | 10% Rental Increases at Each Option. Concrete Parking Lot | 3.5 Years Remaining on Primary Term. Three Mile Household Income $41,720.
Dollar General with 9+ Years Remaining on Primary Term. Absolute NNN Lease Requiring Zero Landlord Responsibilities. Healthy 5 Mile Demographics of 14,600+ Residents. Affluent Surroundings – Average Household Income in a 5 Mile Radius Exceeds $99,000.
Lease w/ 10% Increases every 5-Yrs. Pride of Ownership Asset Featuring Chipotle’s Latest “Chipotlane” Prototype Design w/ Drive-Thru. Traffic Counts Exceed 37,000 Vehicles Per Day. Adjacent to Chick-Fil-A doing $7 Million in Sales Annually.
Strong store sales with low rent to sales ratio of 2.7%. 5+ Years Remaining. Well located on a major road. Long term tenant has been in the building since 1996. Low price point, well below replacement cost.
Retrofit Family Dollar With 6+ Years Remaining on Current Term. Committed to Location – Store has Been Operating Since 2006. New Roof System Installed in 2016 With 10+ Years Remaining on the Current Roof Warranty.
Zero landlord responsibilities. Densely populated surrounding area | 164,825 people within a 15-minute drive. Great visibility and convenient access from W South Blvd | 45,600 VPD. Desirable lease term | 12+ years.
It is situated on the main corridor of a dense retail sector. The property benefits from two signalized intersections located on either side of the parcel. Annual base rent is set at $58,000 plus 6.5 percent of the annual gross sales (minus $58,000).
The property has approximately 252 feet of frontage on high-traffic King Street which is the main business arterial east-west thorough-fare of Cocoa, FL. Average daily travel is 24,500 vehicles. Lease rate (and NOI) upon lease renewal in 2024 is scheduled to be $152,250.
The Subject Property is exceedingly well located directly off Scottsville Road (20K VPD), right next to Greenwood High School; 5A High School with 1,300 enrolled students. Bowling Green is ~60 miles north of Nashville and 100 miles south of Louisville.
No Landlord Responsibilities. Located near the signalized, hard corner intersection of W 14th Mile Road with 24,027 VPD and Crooks Road with 22,300 VPD, for a combined 46,300+ vehicles passing by daily.
Zero landlord responsibilities. 12% increases every 5 years. Located at Hard Corner, High Traffic Intersection (45,000 Cars Per Day): Tenants at the intersection include Ralphs, CVS Pharmacy, Chase Bank, McDonald’s, Subway, and Wells Fargo.
Brand New Construction 7-Eleven Corporate Guaranteed Ground Lease (71,000+ Locations and AA- S&P Credit Rating). Dense Population: More than 409,509 People in the Market Area. Florida is a “No Income Tax State.”
Absolute Single Tenant Net Lease Investment. Zero Landlord Responsibility. Growing Residential Trade Area – 1,770 single-family homes in 12 master planned communities currently in development or in the pipeline in the trade area.
The store is located in a very dense area with over 8,045 households in a 1-mile radius and average daily traffic counts exceeding 13,000 ADT. The property is just 3.2 miles from downtown Providence and part of the Providence MSA.
No landlord responsibilities. Strategically located along Old Seguin Road, a street branching off Seguin Road, which is a primary retail and commuter thoroughfare averaging 33,000 vehicles passing by daily.
Brand New Construction Wendy’s Fast Food Restaurant with Drive Thru. This Wendy’s serves The Villages; the Nation’s fastest growing metro area. Average Household Income Exceeds $80,00 in a Three Mile Radius.
Advance Auto Parts With 4+ Years Remaining on Current Term – Recently Extended Lease. NNN Lease – Landlord Responsible for Structure Only. Affluent Area – Average Household Income Within a 1 Mile Radius Exceeds $125K+.
Absolute NNN lease with zero management responsibility. Five, 5-Year extension options all of which include a 10% rent increase. Dollar General has approx. 16,750 locations with plans to continue their expansion for the foreseeable future.
Subject rent is less than half of market rent, creating huge upside if the Tenant were to leave. Excellent real estate (outparcel to Whole Foods and across from Wake Med Cary Hospital). Extremely High barriers to entry.
Lease features three (3) additional, five (5) year renewal options with attractive rental increases. The Property is strategically situated in the primary retail corridor of Baraboo at a signalized intersection that has combined traffic counts of over 32,000 vehicles per day.
Signalized Hard-Corner Location in Densely Populated and Growing Texas Market. 196,584 Residents Within a Five-Mile Radius. Outparcel to Cypress Landing Shopping Center. Located in an Income Tax Free State.
The estimated population within a 3-mile radius of the subject property is 27,809 and 70,741 within a 5-mile. Additionally, within a 3-mile radius of the subject property, the average household income is $79,494.
Long Term Absolute Net Lease – Zero Landlord Responsibilities. Located in Dense Retail Area. Affluent Area: Avg. HH Incomes Over $145,000. Preferred 5-Year Option Structure. Full Walgreens Corporate Guarantee.
AA- Credit Rating. NNN Passive Lease. Single tenant 7 Eleven convenience store with long term, management free lease. Lease with 1, 5 year renewal option. The2,224 sf retail property is located at a signalized intersection in Biglerville, Pennsylvania, about 7 miles north of Gettysburg.
Upcoming Scheduled Rental Increase on 9/22/2022. High Traffic Intersection with Traffic Counts in Excess of 67,000 Vehicles Per Day. Desirable Hard Corner Location with +/- 0.93 Acre Lot. Average Household Income of $96,100 Within a Three-Mile Radius.
Corporate Guaranty (S&P BBB-) Investment Grade. 4-5 Year Renewal Options | 5% Increase at Each Option. Excellent demographics with over 332,000 population within 5 miles and over $94K Household Income Within 1 Mile.
The nearest CVS pharmacy is more than 3.5 miles southeast of the property, while there is a Walgreens 2.9 miles east. Lease with five percent increases in the eight, five-year option periods. The Property has three points of access and features a double drive-thru.
10% Increase Each Option. 174,700+ 5-Mile Population. 17,3000 Vehicles Per Day In Front Of Property. Tenant Responsible for Maintenance, Taxes, Insurance. National Investment-Grade Tenant – S&P Investment Grade BBB. Corporate Guaranteed Lease.
New construction | Built 2020 | Newest prototype with indoor café, patio seating, & drive-thru. No early termination clause at this location. Located on the going to work side of Wade Green Rd | 37,000 VPD. Experienced corporate operator | Starbucks Corporation | 32,000.
Signalized corner location on the heavily trafficked Santa Monica Blvd (±66,000 VPD) a major west-east thoroughfare connecting many of LA’s wealthiest areas including: West Los Angeles, Westwood, Century City, Beverly Hills and West Hollywood.
More than 13 years remaining on the 20-year ground lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site. More than 268,000 residents and 188,000 employees support the trade area.
Newly constructed build-to-suit Arby’s scheduled to open in January 2021. 7.5% rent increases every 5 years, including at the start of each of the 4, 5-year options. Proximity to Interstate-15, the main arterial for Southern Utah.
Close Proximity to Numerous Traffic and Economic Drivers Such as Retail, Industrial, Distribution, and Warehouse Facilities. Situated Densely Populated Area with Over 79,000 Residents in a 3-Mile Radius along with Above Average Household Incomes.
Modified Double Net Lease – Minimal Landlord Responsibilities. (4) 5 Year Options with 10% Rental Increases. Population Demographics supportive of Family Dollar’s Business Model. Family Dollar has Occupied the site for 20 Years.
New $16,000 HVAC Unit and $3,800 in Parking Lot Repairs in 2019. Historical Occupancy Since 1998. Corporate Guarantee Rated BBB – by Standard & Poor’s. Located on Primary Retail Corridor with 30,000 Vehicles Per Day.
Strong 5 Mile Demographics of 24,900+ Residents. Excellent Visibility on HWY 69 S With 4,800+ VPD. Benefits by Being Surrounded by Several Residential Developments. Limited Retail Competition – Store Serves as Primary Source of Goods.
Located off US HWY 52: 21,000 vehicles per day. 7.5 years remaining on original term with 3, 5 year renewal options. 5% rental escalations in each rental option period. 3 miles away from Purdue University (45,000 Students).
No landlord responsibilities. This young community has the avg. age of 38 and above average HH incomes of $69,087 in a 3-mi radius. Lincoln Highway is the major thoroughfare for the community and roughly 30,000 cars per day pass the site.
(4) Five-Year Renewal Options with Increases. Subject Property Is Located Across From A Kroger Anchored Shopping Center. First Nine Months 2020: Same Store Sales Increased 11.2%. 93,000 People Within 5 Miles of Subject Property.
Average Household Income of Over $72,000 Within One Mile. Frontage on W Railroad Street – 11,800 Vehicles Per Day. Low Rent and High Residual Value (1.63 Acre Parcel). No Competition – Only Drug Store Servicing Long Beach.
Strong store sales with low rent to sales ratio of 3.9%. 12 Years Remaining. Well located on a major road. Long term tenant has been in the building since 1996. Low price point, well below replacement cost.
Early lease extension & low rent rate. 12+ years of term remaining. 10% rental increases every 5 years cap rate increases 42 bps in under 36 months. 56,000 VPD along plank road and nearby i-95 interchange.
Currently over 17,000 locations and expanding by 1,000 stores each year. Tenant is 100% responsible for all expenses including taxes, insurance, roof and structure. There are 10% rent increases in each of the five, 5-year option periods.
Strong rent to sales – recently renovated building in 2017 with$400,000 invested to upgrade the Subject Property to Wendy’s latest restaurant prototype. Proximate to local mixed-use development and the Alexandria International Airport.
Corporate Guaranteed NN Lease through January 31,2024 – 10%Rent Increases in Option Periods. Building Includes Additional Storage, 4 Rollup Service Doors on East End of Building. Metal Roof, Metal Structure Ideal for Withstanding Extreme Winter Conditions.
Strong 5 Mile Demographics of 49,800+ Residents. Limited Retail Competition – Closest Dollar Store is 4.8 Miles Away -Store Serves as Primary Source of Goods for the Surrounding Area. Excellent Visibility on Veterans Pkwy With 6,700+ VPD.
Strong store sales with low rent to sales ratio of 3.3%. 12 Years Remaining. Well located on a major road. Long term tenant has been in building since 1996. Low price point, well below replacement cost. Essential Business.
Early 5-Year Lease Extension | Corporate Guaranteed |Investment Grade Tenant | Scheduled Rental Increase. Early 5-year lease extension beginning November 2022 with 3 (5-year) options to extend, demonstrating their long-term commitment to the site.
Brand New Construction Wendy’s Fast Food Restaurant with Drive Thru. Lease with 7.5% Increases in Rent During the Base Term and Option Periods. Hard Corner Signalized Intersection with Traffic Counts Exceeding 27,000 Vehicles Per Day.
Ideal Auto Parts Demographics. S&P Investment Grade Credit Rating (BBB Stable). Essential Retailer and Recession Resistant Business. Lease with 4, 5-Year Options. Single Tenancy. 20 years NN Lease. 7,225 Square Footage. 0.76 acres lot size.
Population exceeds 198,000 in a 5-mile radius. Average household income exceeds $90,000 in a 1, 3, and 5 mile radiuses. Located off the intersection of Scotch Rd and Parkway Ave, where traffic counts exceed 17,000 VPD. 8.5 years on NN+ Lease.
100% Fee Simple Interest. Minimal Landlord Obligations. The tenant has six five-year options to renew with 5% increases in rent during the option periods. The subject property benefits from being just 1/2 mile North of the Columbus Air Force Base which employs 10,400 personnel.
Strong Traffic Counts – Traffic Counts at the site exceed 36K VPD. New 20-year term. 7.5% rent increase in base term. Dense Baltimore location. The property is situated in a residential pocket where the nearest auto parts store is over 1 mile away.
Lease w/ 10% Rent Bumps. Excellent Location at Corner of Highway 290 & Nutty Brown Rd (70K VPD). Near IHOP, Chick-Fil-A, Dunkin’, Burger King, CVS, Jersey Mike’s Subs, Ace Hardware. Strong Income Demos with $160,101 within a 1-mile Radius.
Ground Lease with No Landlord Obligations. Strong Parent Guarantor – Wenco Akron LLC Owns and Operates 22 Wendy’s Throughout the Akron Area. Stark State College Location – New 68,000 SF Facility Adjacent Wendy’s Enrolls Approximately 5,000 Students
Lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site. The ground lease features 7% rental increases every 5 years starting in lease year 11 and at the beginning of each option period, generating NOI and hedging against inflation.
Located in the highest trafficked section of town with more than 13,000 average daily vehicles. Strongest retail corridor in the market, and home to many national retailers such as CVS, Napa Auto Parts, McDonald’s, Marathon Oil, and many more.
Signalized hard corner location. Across the street (0.1 miles) from Atrium Health Cleveland, a 241-bed hospital serving greater Cleveland County, NC, and the surrounding region. Absolute net lease with zero landlord responsibilities.
S&P Rated AA- Investment Grade Credit. The lease calls for zero landlord obligations and the tenant has one, 5-year option to renew with 10% increases. The site is strategically located on a major thoroughfare and neighbors many local retailers.
Three 5-year renewal options. $0.50 PSF rental escalations every 5 years in options. Positioned in a retail corridor with tenants such as Walgreens, Chase Bank, Nike, Advance Auto Parts, Foot Locker, and AT&T.
Lease features 2% rental increases every year throughout the initial term and at the beginning of each option period, generating NOI and hedging against inflation. Ideal, management-free investment in a state with no income tax.
Brand new 2020 high-quality construction. New 10-year leases with attractive 5% increases every 5 years, including 4 (5) year options. Strategically located in dense retail corridor with surrounding national tenants: CVS, Walgreens, Dollar General, McDonald’s, Kroger, Midas and more.
More than 19,000 people live within a 10-mile radius of the Property with an average household income of more than $91,000. An average traffic count of 12,100 vehicles per day pass near the property at the intersection of Upper Main Street and Portland Street (Historic VT-100).
Located in Moose Lake, MN. This Corporate McDonald’s has14 years remaining with 10% increases every 5 years. The subject property strategically sits right of the main highway 35 that runs from South to North thru MN.
Located approximately 15 miles from downtown Little Rock and is currently a high performing site. The Lease term will be fifteen (15) years with seven and a half percent (7.5%) rent increases every five (5) years.
Lease with Five (5), Five (5) Year Options. 10% Increases Per Option. Corporate Guarantee by Dolgencorp, LLC. Dollar General is an investment grade tenant with a Standard & Poor’s “BBB” credit rating and is headquartered in Goodlettsville, TN.
Surrounded by commercial, industrial, and institutional organizations. New 20-Year Lease with 7% increases every 5 years. Operated and guaranteed by 60+ Unit Wendy’s Franchisee. Rent to sales ratio of 6%.
Lease commencing in January 2021. Brand new construction completed in December 2020 with the new O’Reilly prototype which includes; 20-year roof warranty and 10-year HVAC warranty. Located on Irving Park Rd. which sees 31,500+ VPD and provides direct access to Chicago.
10% rental increase in the first renewal option. The mission-critical facility is strategically located directly adjacent to Helena Regional Airport and Interstate 15, and is the largest and only major FedEx facility in the Helena metropolitan area.
New Construction – January 2021. Five 5-year renewal options with a 6.00% increase in year 11 and for each renewal option term. Virtually zero landlord responsibilities – perfect for passive and/or 1031 investors. Texas is an income tax free state.
Located off Hwy 21 (31,600 VPD), an 85-mile highway connecting Savannah and Millen, GA. Nearby national retailers include Lowe’s, Kroger, Tractor Supply, CVS, Starbucks, McDonalds and more. 10% rent increases in each of the four, 5-year option periods.
New 20 years lease extension during pandemic. Zero landlord obligations. 100% fee simple interest. Scheduled increases in rent. Strong and experienced operator of 122 units. Established tenancy at this location – four Decades of operational history.
Four 5-Year Options. 10% Increases Every 5 Years. 2020 Construction. Directly Across from 375,000 SF Shopping Center. No Landlord Responsibilities. Strong Demographics: 151,839 People within 5 Miles.
True NNN lease with no landlord obligations. Strategically located near the areas’ largest medical center in the region (Mercy Health). Impressive visibility, with over 23,692 VPD pass in front of or near the site daily.
New Development Dollar General with Rent Set to Commence January 2021. Lease with Zero Landlord Responsibilities. Healthy 5 Mile Demographics of 4,000+ Residents with Positive Growth Rates Anticipated.
The site is ideally placed in the surrounding market at its central location in town, while also just minutes away from the larger business district of Watertown, NY. Lease with three 5 year options, each with a 10% rental increase.
Lease term, plus two (2), five (5) year options. 8% rental increases every five (5) years. 42,420 residents located in the five (5) mile demographic ring. Strong combined traffic counts of 30,381 cars per day.
Signalized Intersection Across from Home Depot & Wal-Mart. Traffic Counts Exceed 35,000 Vehicles Per Day. Average Household Income Exceeds $80,000 (5-Mile Radius). 7% Expected Population Increase Over Next 5-Years.
New 15 Year Absolute NNN Lease | Zero Landlord Responsibilities. 5 (5 Year) Options | 10% Increases at Each Option. Three Mile Household Income $83,343. Ten Mile Population 40,578. 6,901 Cars Per Day on E. Chicago Blvd.
Site is located in Florida, which is an income tax free state. 1/2 mile from the Regal Largo Mall, consisting of +/-68 stores and anchored by national tenants such as Target, Kohl’s, Bed Bath & Beyond, Bealls, Lulu Lemon, PetSmart, Marshalls, Michael’s, Staples, and more. Directly off Seminole Blvd with great visibility to +/-35,000 VPD.
1.5% Annual Rent Escalations. Major Thoroughfare with Over 25,000 Vehicles Per Day. Strategically Located Near Major Freeway Interchanges. Third Largest Quick Service Hamburger Company in The World. 6.10% Average Cap Rate Over Remaining Term.
Zero Landlord Responsibilities. 3 (5 Year) Options | 10% Increases at Each Option. Concrete Parking Lot | 5.25 Years Remaining on Primary Term. Three Mile Household Income $36,060. Ten Mile Population 5,711.
Rare 2% annual increases in current term and a recent extension was exercised with Tenant. There are a limited number of gas stations in Cave Creek, protecting the tenant from nearby competition. Exceptional demographics in a five-mile radius.
This store is 9,100 SF and is currently under construction and scheduled for delivery in June 2021. There are 10% rent increases in each of the four, 5-year option periods. Subject property is located on South Main St. (13,800 VPD) and half a mile from Hwy 341 (13,200 VPD).
The lease provides four (4) additional renewal options at five (5) years each with attractive rental increases. The lease is a passive net lease structure with Landlord expense responsibilities limited to the roof and the structural elements of the building.
Brand New 20-Year Sale Leaseback. Triple Net (NNN) Lease with Zero Landlord Responsibilities. Attractive Rental Increases | Lesser of Change in CPI or One and a Quarter Percent (1.25%) Annually Starting in Year 3. Six (6) Tenant Renewal Periods of Five (5) Years Each.
Long-term Corporate Lease with No Landlord Responsibility. Affluent trade area with average household income within 5-miles exceeding $81,000. Daytime Population within 3-Miles more than 191,000 People.
Strong retail corridor featuring Kroger, Jo-Ann Fabrics, Walgreens, McDonald’s, and General Motors. Five (5) years remaining on a NN lease with below market rent; one, 5-year renewal remaining with an 11% rent increase.
15 Years Remaining / 6% Increase in Year 11& the Four, 5 Year Options. Frontage on Thomas Drive the Major Thoroughfare in Panama City with over 27,000+ vehicles per day. Households 51,000+ and an Average Household Income of $68,000+.
Dollar General With 12 Years Remaining on Current Term. Absolute NNN Lease Requiring Zero Landlord Responsibilities. Larger 10,640 “Plus” Size Location to Accommodate Higher Sales Volume and Store Traffic. 90 Miles North of Houston – the Largest MSA in Texas with a Population of 7M+.
NN Family Dollar Lease With 12+ Years Remaining on Primary Term. Attractive 5% Rent Increase in 2028. Explosive Demographics – 230K+ Residents in a 5 Mile Radius With a 6.49% Growth Rate Anticipated in the Next Five Years.
Walgreens property with a double-net Lease that has 6 years and 9 months remaining and includes six 5-year renewal options. Located near Interestate-94, traffic counts average over 135,000 daily and 23,000 vehicles daily on Brooklyn Boulevard.
Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB. Currently over 17,000 locations and expanding by 1,000 stores each year. Dollar General has been in business for 80 years and has a current net worth of over $6.2 billion.
Ideal, Management-Free Investment for an Out-of-State, Passive Investor. Three (3) – Five (5) Year Options. 5% Increases at Options. High Quality Construction – Steel Framed with Concrete Block. 9,734 Residents live in 5-mile radius.
Situated on a Large ±1.63-Acre Lot – Well Positioned at Signalized Intersection (Hard Corner) where Traffic Counts Exceed 38,000 CPD. Affluent 2020 Demographics: Total Population (5-MI): 232,790 | Average Household Income (3-MI): $169,136.
Located Within a Dense Residential Neighborhood Along 8th Street – the East/West Corridor of Baraboo and Sees Traffic Counts of Over 16,800 VPD. Located Less Than 1.5-Miles From Oschner Park Zoo, Which Sees Over 40,000 Visitors Per Year.
2006 Construction – 9,180 SF. Three (3) – Five (5) Year Options with 10% Rent Increases. Corporately Guaranteed by Family Dollar Stores, Inc. Landlord Responsibilities Limited to Roof & Parking Lot. Traffic Counts of Approximately 29,722 Vehicles Per Day.
Minimal Landlord Responsibilities. Signalized, Hard Corner Intersection | Excellent Visibility & Access. Across from Twin County Regional Health Care Facilities | Nearby National/Credit Tenants. Limited Competition in Surrounding Area.
No Landlord Responsibilities, Fee Simple Deal (Land & Building). Great Location, Corner Parcel on Lighted Intersection. Located next to remodeled La Quinta Inn & Suites, Days Inn, Super 8, and Starbucks. Freeway Location, Traffic Counts in Excess of 40,660 VPD.
Brand new 2018 construction, situated at a signalized intersection. 5-mile radius: over 112,000 people | 3-mile: avg. household income over $84,000. New 10 year lease (no early termination option). Relocation store from existing, inline location down the street with long operating history.
Located in Dense Retail Corridor. Population exceeds 418,000 within 5 miles. Exposure to 52,000 VPD. Excellent access off of Pines Boulevard. Rare absolute NNN Starbucks – Zero landlord responsibilities. 7% increases every 5 years during original term and 10% during option years. Newly executed 10 year Lease Extension.
Walgreens is on a Four Way Signalized Intersection with excellent demographics and over 393,000 people within five miles. It is located in a national retail location for 40 years (previously a McDonald’s, Boston Market,Gino’s). Extremely below market ground rent at $5.95 PSF. Structured rental increases throughout the term. Renewal options: Ten, Five-Year Tenant options.
Investment Grade Tenant: S&P Corporate rating “BBB”. Across I-5 from Joint Base Lewis-McChord, a total active population of nearly 210,000 inhabitants, the 4th largest military installment worldwide. 1 Mile North of Madigan Medical Center.
Brand New Built-to-Suit- State-of-the-art dialysis clinic. Fresenius Kidney Care has an S&P Investment Grade Rating of BBB. 10% rent increases every 5 years which provides attractive rent growth during the lease term. Across the street from the 262-bed Inspira Medical Center and surrounded by other medical tenants.
Standard & Poor’s Investment Grade Credit Rating of AA-. Five Miles from Florida Gulf Coast University. Seven Miles from Southwest Florida International Airport. Within Close Proximity to Florida Southwestern State College and Cape Coral.
Standard & Poor’s Investment Grade Credit Rating of AA-. Located on Estero Parkway, with a Traffic count of 12,000 VPD and Three Oaks Parkway, with Traffic Counts of 15,000 VPD. Less than Three Miles from Florida Gulf Coast University. Eight Miles from Southwest Florida International Airport. Located Directly in Front of Estero Oaks, Brand New Luxury Rental Apartments.
Walgreen Co. (S&P: BBB), a subsidiary of Walgreens Boots Alliance Inc. (NASDAQ: WBA). The nearest CVS or Rite Aid (new Walgreens) are 1.5 miles and 1.8 miles away, respectively. Recently replaced the roof, restriped the parking lot, repainted columns and power-washed the property. Located on a hard corner at the signalized intersection of Milton Road and North Sharon Amity Road.
8 Nationally Branded C-Stores Located in Georgia – Sold Individually or as a Portfolio. 1.25% Annual Increases. The Tenant, RM Investments, Owns and Operates Over 24 Stores and Has Over a Decade of Experience.
Strong Store Sales Reported. Store sales likely to increase with closure of nearby Rite aid location. Upscale, growing suburban market of Richmondl; Capital City of Virginia. Attractive Red Brick Prototype.
Drive-Through and Gas Development are Heavily Restricted in Downtown Hyannis. Premier Cape Cod Location. Extremely High Barrier to Entry Market. Located Minutes from Hyannis Yacht Club, Hyannis Marina, Kennedy Family Compound.
Affluent Area – Features an Average Household Income in Excess of $95,100+ Within a 5-Mile Radius. Strong Visibility Hard Corner Rd to Combined Daily Traffic Counts in Excess of 21,000+ Vehicles. Nearest Walgreens is Over 1 Hr away (10+ Miles) w/ Ferry.
Zero Landlord Responsibilities. Investment grade rated tenant (S&P: AA-). Benefits from its position within a strong retail corridor. Located less than 10 miles from Walt Disney World. Just outside of Orlando MSA. Florida is a tax free state.
Located on Ridge Road the main commercial corridor in Madison. Ground up build-to-suit Advance Auto opened in 2013. The average household incomes exceed $67K in 5-mile radius. Traffic counts exceed 15k VPD.
S&P A-. 7.50% Rental increase in Year 6 and 10% Rental increase at the beginning of each 4 (5-Year) option. State of the art 2017/2018 construction with Drive Thru. Located along W Central Ave with direct on-off ramp access to Interstate 75. Approximately 85,000 residents and 30,000 employees support the trade area.
NYSE: CVS; S&P: BBB+; Moody’s Baa1. Located on a hard corner at the signalized intersection of Snow Road and Michael Drive. Directly across from Arby’s and Certified Demographics. Built-in Customer Base. Dynamic Demographics.
Brand new 2018 construction and is an outparcel to a new Kroger Marketplace development. Zero Landlord responsibility. 10% Rental increases every five years. Situated on the hard-signalized corner of W Sublett Rd. and U.S. Hwy. 287.
Corporate guarantee from 7-Eleven (S&P: AA-). Store sales exceed over $200,000 per month. Both locations are undergoing a capital improvement project which is anticipated to be completed end of Q1 2018. Two locations in rapidly growing communities of Colorado.
10% Rental increases every 5 years and throughout the eight renewal terms. Brand new 2017 construction. Rare two-lane drive-thru. Situated along Gaston Parkway just off the signalized, hard corner intersection of Garland Road/ State Highway 78 and Oldgate Way. Just 7 miles from downtown Dallas.
Brand New Construction. 10% Rental increases every 5 years. Pad to Walmart Supercenter and Burlington Coat Factory. Positioned along area’s major retail & traffic corridor featuring daily traffic counts exceed 27,000+ vehicles. Strong demographics.
Strong Store Sales Performance- Low Rent to Sales Ratio. Zero Landlord Responsibilities. Site Renovated to Wellness Concept in 2014. True Rite Aid Corporate Guarantee. Nearest Rite Aid or Walgreens from Subject Site: 3 Miles. Attractive 10% Rental Escalations in Option Periods. Prototype Freestanding Building with Drive-Thru.
Located along N. 67th Avenue and McDowell Road and just off the Interstate 10 with excellent visibility and access. Nearby national and credit tenants. Over 151,000 residents and 51,000 employees within a 3-mile radius of the property.
Located near the signalized, hard corner intersection of W. Northern Avenue and 43rd Avenue with excellent visibility and access. Situated in a strong retail corridor with nearby national/credit tenants. More than 507,000 residents and 145,000 employees support the trade area.
Sale-Leaseback Investment Opportunity with Panera’s 1st Franchisee. Four, Five-Year Tenant Renewal Options. Brand New Construction with Drive-Thru. Excellent Visibility on East Sunshine Street with Over 35,000 VPD. Dense Surrounding Population with over 145,000 People in a Five-Mile Radius.
Zero Landlord Responsibilities. Standard & Poor’s (S&P) Rating A, Moody’s Rating A2 Stable. Surrounding Developments & Demographics. Adjacent to the I-8 Freeway. High visibility and a daily traffic counts of approximately 27,000 cars per day off 4th Street, a freeway off-ramp.
Minutes from Michigan State University | Over 50,000 Students. Excellent Demographics | Over 138,000 People In 5 Miles. High Traffic Counts | Over 34,000 Vehicles Per Day. Minutes From 830,052 SF Regional Lansing Mall. Ideal Bite-Sized Offering | Minutes from Downtown Lansing.
Attractive Ten Percent Increases Every Five-Years, Including Option Periods. Less than Three Miles from the BB&T Center, Home to the Florida Panthers of the NHL. Major Retail Tenants & Points of Interest in Close Proximity.
Attractive Ten Percent Increases Every Five-Years, Including Option Periods. Positioned at the Signalized Intersection of Bayside Lakes Boulevard and Cogan Drive that has an Average Daily Traffic Count of 15,300 Vehicles Per Day. Major Retail Tenants & Points of Interest in Close Proximity.
Attractive Rent Increases of 10% Every Five-Years Including Option Periods; Tenant has 5, Five-Year Renewal Options. Guaranteed by Capital One Financial Corp. with an S&P BBB+ Credit Rating;. Sitting on a Hard Corner at the Four-Way Signalized Intersection of Denton Highway/U.S. Route 377 (41,800 Vehicles Per Day) and North
Tarrant Parkway (25,800 Vehicles Per Day).
Attractive Rent Increases of 10% Every Five Years. Guaranteed by Bank of America, N.A. with an S&P A+ Credit Rating;. Sitting on a Hard Corner at the Four-Way Signalized Intersection of Plank Road. Sitting on a Hard Corner at the Four-Way Signalized Intersection of Plank Road (76,000 Cars/Day) & Harrison Road (13,000 Cars/Day).
Located on the Corner of the Signalized Intersection of Westover Hills Boulevard. Major Retailers in the Immediate Area. In Close Proximity to the Richmond Coliseum, the Second Largest Sports Arena in Virginia that Also Hosts Various Large Concerts.
10,128-Square Foot Property with a Drive-Thru on a 1.23-Acre Lot with
39 Parking Spaces. Outparcel Within the Village Marketplace Shopping Center that is Tenanted with a Mix of Local and National Retailers. Located Along Midlothian Turnpike. CVS Has Occupied this Location Since 1999.
Located at the Signalized, Three-Way Intersection of US Highway 290 and Texas State Road 95 that in 2016 had a Traffic count of 28,800 Vehicles Per Day. Corporately Guaranteed by CVS Health Corporation, a Publicly Traded Company with a Credit Rating of BBB+ (S&P). Surrounded by Major National and Regional Tenants.
Located at the Signalized Intersection of McRae Boulevard and Wedgewood Drive and Just Off Highway 10 with a Daily Traffic Count of 194,700. Corporately Guaranteed by CVS Health Corporation, a Publicly Traded Company with a Credit Rating of BBB+ (S&P). No Personal Income Tax in Texas. Surrounded by Major National Retailers.
Rare, New England Walgreens Opportunity. Zero Management Responsibilities. Strong Hard Corner Location. Five Mile Demographics- 76,278 Residents; $80,546 Average Household Income. Taunton is Approximately 25 Miles to Providence, RI & 40 Miles to Boston, MA.
Signalized Corner Location. Common Banquet & Bathroom with Chili’s. Helena is the Capital of Montana. Nearby Helena Regional Airport. Easy Access and Excellent Parking. B-2 Zoning- General Commercial District. Close to I-15/Custer Interchange.
High density population. Dense Retail Area. High traffic counts of 29,220 VPD. Approximately 5 miles from Volkswagen Chattanooga, which just announced a $600 Million expansion to include 2,000 new jobs. Low rent to sales ratio.
Irreplaceable 10 Freeway On/Off Ramp Exit- Hard Corner- Ground Zero of Retail Trade Area. 10% Bumps every 5 Yrs. 2017 Modern Prototype Construction w/ Drivethru- Exceptional Buildout. 1st Raising Cane’s Flagship Restaurant in the Inland Empire- Center of the Commercial District. Rare S. California QSR Deal- Zero Landlord Duties.
Dense Residential Location. Signalized Hard Corner- Off Interstate 35. 10% Rent Bumps Every 5 Yrs. including all options. Excellent Inflation Hedge- Strong Demo’s. Iconic American Brand. New Prototype Construction- Pride of Ownership- Zero Landlord Duties. Path of Migration. Low Downside- Includes Gas Component with C Store- “Recession-Proof” Tenant.
Selling brand name and private label auto parts, and providing select services through 900 stores. Located on Camp Bowie Blvd near Interstate 30, which is the major commercial artery in the area. Fort Worth is the largest 16-largest city in the U.S and part of the No. 1 tourist destination in TX.
Investment Grade Tenant “BBB” S&P Corporate Rating. 1.5 miles North of Interstate 84. 4 miles south of Ogden High School. 3 Miles South of Weber State University. Across Interstate 84 from Hill Air Force Base. 15 miles West of Snowbasin Ski Resort 3,000+ acres of ski-able area & 12 ski lifts.
Near Jones Beach which attracts an Estimated 6 Million Visitors per year. Great Investment Opportunity Rare Trophy Asset. Less than 30 Miles to Midtown Manhanttan. A+ Credit Rating- S&P Rated with a Stable Outlook.
New 2013 Construction- Relocation Store for high volume store. Upgrade building construction. CVS Caremark Corp. Guarantee | Investment Grade Tenant. 10% Increase in first option. Approximately 10 Miles from downtown Hartford. Average household income is over $102,000 within a one mile radius.
Outstanding demographics- average household income of $110,918 within a one-mile radius. 20 Miles from downtown Phoenix. 10% Rental Increases every 5 years. Direct street frontage along West Warner Road, a highly traveled thoroughfare with traffic counts of approximately 26,842 VPD.
Strong Hedge Against Inflation. 10% increases in rent every 5 years. allowing properties to keep up with rising market rents. Attractive Tax Benefits. Zero Landlord Responsibilities. Tax Free State. Dense Retail Corridor.
10% Rental Increases every Five Years in Base Term and Option Periods- Extremely Rare in Wawa Leases. Brand New Construction; Now Open. Located at the Intersection of Powerline Road and Sample Road. Between Interstate 95. 3 Miles from Seminole Casino Coconut Creek.
an Investment Grade Credit Tenant rated A- by Standard & Poor’s. Brand new construction property with no deferred maintenance issues. 10% rental increase in year 6 of the lease and in each option period. Excellent access and visibility on Broadway Street with over 24,000 vehicles traveling by daily. Situated just off Interstate 57 with over 37,000 vehicles traveling by daily.
No Landlord Responsibilities. 1.25% Annual Rent Increases- Great Hedge Against Inflation. Low Price Point Deal- Easy Investment for a 1031 Exchange Buyer. Ideal Demographics for a Hardee’s Franchise- Avg. Household Income Hovering around $65,000. Relatively Little Competition.
Fred’s Inc. Corporate Guarantee | NASDAQ: FRED. Rare increase during base term & options periods. 23+ years of operating history at this location. Top-Performer | High Volume Pharmacy location with drive-Thru. Low Rent & Price per square foot. “Main & Main” location with great visibility.
Fred’s Inc. Corporate guarantee | NASDAQ: FRED. 60 Years of Operating History at this location. Top Performer | High Volume Pharmacy with license to sell beer. Drive-Thru Location. Low Rent & Price per square foot. “Ole Miss” Univ of Mississippi is approximately 18 miles north.
Store Sales are well above average unit volume. Below market rent of $47,694/yr resulting in very healthy Rent-to-Sales Ratio. Buyer will recognize an 8% rent increase in less than 2 years. Lease Structure provides passive income and inflation hedge with attractive rental increases every 5 years. Ideal 1031 Exchange Property.
Six, Five-Year Renewal Options. 8% increases every Five Years, Beggining Year 11. Located at the Intersection of State Road 7 and Copans Road. Within Close Proximity to Florida Turnpike. One Mile from Northwest Medical Center. Two Miles from Seminole Casino Coconut Creek and Broward College- North Campus.
Corporately Guaranteed by a Subsidiary of Public Parent Company. Upward Trending Store Sales Exceeding $2.2M. Exceptional Location in Mature Market with Strong Residual Value. Dense, Infill Washington, D.C Location with 26,096 People within One-Mile.
Ideally situated with excellent frontage and access from both TPC Boulevard and SC Highway. A critical mass of residential and active adult communities also occupy the immediate area (16,000+ homes). Strategically located across SC Highway 707 from a shopping center.
Investment grade rated tenant (S&P: BBB). Brand new construction (2017). Rental escalations in the primary term and renewal option periods. Located along the area’s primary thoroughfare. Limited competition in the area. Concrete parking lot.
S&P Rating BBB. Brand New Dollar General. 10% Rent increases at the beginning of each option period. OH-93 is a main commuter thoroughfare that travels directly to major retail corridors. Connects major Interstates such as I-52 (15,000 VPD) and I-23 (19,000 VPD), as well as serve the surrounding communities. Subject property is in close proximity to several national credit tenants.
1.25% annual Rent Bumps in the Base Term and Through each Option. AAA Location. Major National Tenants in Surrounding Area. Rolling Plains Memorial Hospital. Located along I-20 Frontage Road directly in front of I-20.
Opportunity with Costco Wholesale, a 12.97 acre property with 18 premium discounted gas pumps and a +/- 150,000-square-foot retail building. Excellent nearby demographics with a dense, wealthy population base. Surrounding area has become a retail destination for nearby residents with many major national tenants.
Walmart (NYSE: WMT) is World’s Largest Retailer with an S&P AA Credit Rating. 100% No Landlord Responsibilities. Attractive Demographics: 5-Mile Populations: 91,497. Location is near to Fort Gordon with 30,000 Active Military Personnel.
Walmart (NYSE: WMT) is World’s Largest Retailer with an S&P AA Credit Rating. 100% No Landlord Responsibilities. Attractive Demographics 5-Mile Population: 131,637. Location is near to University of SC with 30,000 Student Enrollment.
Zero Landlord Responsibilities or Expenses. Corporately guaranteed by McDonald’s – Rated BBB+ by Standard & Poor’s. Limited fast food competition within a 3+ mile radius. Pad site to the Sutton Plaza Shopping Center, a high volume Weis (NYSE: WMK) grocery anchored shopping center. Great visibility and access for the 37,000 V.P.D. passing through the signaled intersection of US 206 and Flanders Bartley Rd.
Investment grade rated tenant (S&P: BBB+). Zero Landlord Responsibilities. Ten 5-year renewal option periods. Drive-Thru Pharmacy. Positioned at the corner of a heavily trafficked signalized intersection along two primary thoroughfares.
Has a drive-thru which is open until 9PM. There is a CVS on the adjacent corner making this a strategic location for both Walgreens and CVS. Located at the signalized hard corner of University Avenue and Lincoln Avenue with combined traffic counts of 27,142 vehicles per day. Guaranteed by Walgreens and Starbucks. Both Walgreens (S&P BBB) and Starbucks (S&P A) parent companies are an investment grade.
Dollar General Corp. | NYSE: DG | S&P Rating: “BBB-” Investment Grade. Brand New 2018 Construction. Upgraded Colonial/ New England Style Construction. Located at signalized intersection. 1-mile radius: average household income of $115,000+.
New Construction QuickChek. Rent Increases in Base & Options | No Landlord Responsibilities. Corporate Guaranty from QuickChek Corporation. Ideal Gas/Convenience Store Location. Exceptional Traffic Counts | Over 53,000 VPD. Strong Market w/ Growing Demographics | Over 53,000 VPD | Over 53,000 VPD.
No Landlord Responsibilities. 10% Increases every 5 Years in the Option Term. Corporate Guarantee from S&P Rated BBB Company. Less than 1 Mile Interstate-95. Heavily Trafficked Street. Newly Built Relocation Store.
No Landlord Responsibilities. Investment grade credit (S&P: BBB). Signalized intersection adjacent to Walmart and Winn-Dixie. New Prototype model with Drive-Thru. Closest drug store to the hospital 1 mile away.
2% Annual Rent Bumps. GPS Hospitality Operates over 420+ Locations. Store to be Completely Remodeled in 2018. Successfully Operated on this Site since 1988. 5 Mile Population Exceeds 14,820. Hard Corner Location.
Commencing upon Close of Escrow. Four, Five-Year Tenant Renewal Options. Brand New Construction with Drive-Thru. Annual Rent Increases of 1.75% beginning in Year Six. Excellent Visibility on East Sunshine Street with over 35,000 VPD. Located in Greene Country. Dense Surrounding Population with over 145,000 People in a Five-Mile Radius.
1% Annual Rent Increases. KMAC is a Top Franchisee Nationwide. Located on S. OK-51 along Main Retail Corridor. Household Income Exceeds $91,000 within 3 Miles. Near Major Retail Tenants including: Walmart.
2018 Construction. 2,265+/- SF Building on .68+/- Acre Site. 10% Rent Bumps Every 5-Yrs. Adjacent to multiple Hotels. 3-Miles N of Elgin Air Force Base. Nationally recognized as a “hot spot” for living & business dev. 3-Mile Radius: Est Pop: 24,165 l Average HH Income: $72,726.
Very Attractive 10% Rent Increases every 10 Years. Signalized Hard Corner Location- on a High Traffic Intersection of Jefferson Ave. & Clarkson St. Less than one Block from the Swedish Medical Center and Craig Hospital. Adjacent to A 7-Story, 130-Unit Senior Living Facility. Across the Street from Cherry Hills Village.
Zero Landlord Responsibilities. 10% Rental Increases every 5 years throughout the Initial Term and Option Periods. Strong Hedge against Inflation. Corporately Guaranteed lease by Boston Market Corporation. Strong Performing Fast Casual Brand in the United States. High Traffic Location. Tax Free State.
Newly Constructed building in 2017. 10% rental increase every 5 years. Excellent access and visibility for the 12,000 Vehicles traveling by daily on Rt 405. Located just off Interstate 180 providing easy access for Commuters. The only Taco Bell location within a 12 mile radius of the site.
Zero Landlord Responsibilities. Recently Acquired by Location by GPS Hospitality who Operates over 420 Burger King Locations Nationally. 2% Annual Rent Bumps Throughout Remaining Primary Term. Subject Property is Set to be Remodeled, in which owner has already contributed $175k.
Brand New Construction. Featuring 10% Rental Increases Every 5 Years – Superb Visibility to Over 118,100+ VPD. An S&P Investment Grade Credit Rating of “BBB”. Within a Strong Retail Trade Corridor. Features Over 232,607 People Residing within a 5-Mile Radius. An Average Household Income in Excess of $118,553 within a 3-Mile Radius – Population has Increased 71.52% Since 2000.
Standard & Poor’s “A-“ rated investment grade credit tenant. No landlord responsibilities or expenses. 2% annual rental increases in the base term of the lease and in the option periods. Situated at the signalized corner of Kennedy Blvd and W 63rd Street with excellent access and visibility.
Zero Management Lease Structure. No landlord maintenance responsibilities. Strong Corporate Guarantee | The Lease is guaranteed by BJ’s Restaurants, Inc. (NYSE: BJRI). The property benefits from direct frontage and visibility on I-35, a major thoroughfare in the area. Infill Retail Area | In addition to being a pad site to a Cinemark Theatre.
New construction. Corporate guaranteed. Investment grade rated tenant (S&P: BBB). Relocation of an existing store showing their commitment to the area. No landlord responsibilities. 10% rental escalations every 5-years throughout the primary term and renewal option periods. Affluent community with attractive demographics.
Zero Landlord Responsibilities. Prototypical Freestanding Building with Drive-Thru. Located on the Hard Corner Signalized Intersection. Traffic Counts Boast 29,800 + Vehicles Per Day. Average Household Income Within 5 Miles is $91,074. Population within a 5 Mile Radius of Subject Property Exceeds 130,115.
Corporate guaranteed lease (NASDAQ: SBUX; S&P: A-). Brand new construction scheduled to open in May 2018. Excellent Accessibility and High Visibility Location Along Highway 99. Favorable Cafe with Drive-Thru Format. Strong Retail Synergy. Affluent Demographics.
Freestanding 3,515 SF Building on 1.18-acres with Drive-Thru. 10% Rental Increases Every Five Years during the Initial Lease Term and Options. Tenant Maintains Property, Directly Responsible for CAM including Parking Lot, HVAC Repair and Replacement, Taxes and Insurance.
Exceptionally strong store sales with YOY increases for the past 5 years. Zero Landlord Responsibilities. Corporate guarantee from Walgreens Boots Alliance (NASDAQ: WBA). Adjacent to the famous Outlets at Silverthorne. Extremely high barriers to new competition. No nearby competition, closest Walgreens is 40 miles away.
1.25% Increases Annually. Strong 22 Store Franchise Operator. Highly Experienced and Sought after Franchise Operator in the Southeast with 25 Years of Experience with Pizza Hut/ Yum! Brand. Soon to be Renovated by Tenant- Series 39 Remodel. Located in a Dense Retail Environment with Many National Retailers.
Irreplaceable Long Island Real Estate. Located at Entrance to SUNY Farmingdale College. Phenomenal Local Demographics | 5-Mile Population of 330,939 | Average Household Income of Over $122,000. Corporate Guarantee | S&P AA- Credit Rating. Rental Increases of 10% every five Years | Three, Five Year Renewal Options.
Corporate Gurantee (NYSE: “DG”). Investment Grade Tenant with Strong Financials. Rated “BBB” by S&P. Strong Customers Base with Minimal Competition. Closest Dollar General is over 20 Minutes Away. Average Household Income of $112,612 within a Five-Mile Radius. 65 Miles West of New York City. 2016 Construction Featuring Dollar General’s Latest Prototype.
Corporate guaranteed by CVS Health Corp. (S&P: BBB+). 24-hour store location with a drive-thru. Situated at the heavily trafficked, signalized, hard corner intersection of W. Mercury Boulevard and N. Armistead Avenue. Excellent visibility and access with multiple points of ingress/egress on both adjacent streets. Located within the city’s largest commercial corridor: Coliseum Central.
Corporate guaranty by strong national tenant- AutoZone (NYSE: AZO). Fee Simple Ownership. Limited auto parts competition in trade area and ideal demographics for tenant. New development adjacent to property & high speed rail station located within 3-miles. Strong historical occupancy with corporate guaranteed lease/ 10% rent increases at the begining of each option period. Large monument signage/ excellent street frontage and visibility on signalized hard corner intersection.
No Landlord Responsibilities. Guaranty from RMLS HOP, LLC- A 106 Unit Operator Across 11 States. Across from Sam’s Club, Lowe’s, Home Depot, Kohl’s, Hobby Lobby, TJ Maxx and PetSmart as well as Colony Square Mall. Close Proximity to 5,000 Students at Zane State College, Ohio University, Zanesville and Zanesville High School.
Extremely Below Market Ground Rent at only $5.95 PSF. Location is a National Retail Location for 40 Years. Excellent Demographics | Over 393,000 People within Five Miles. Combined Traffic Counts Over 64,000. Four Way Signalized Intersection. Structured Rental Increases Throughout the term.
Strong rent to sales ratio. Jiffy Lube has been in business at this location for over 35 years. No Landlord Responsibilities. 10% rent increases every 5 years in the extended lease term and options. Fee simple ownership of the land and building. Located off I-695 Baltimore Beltway at Joppa Road – 27,197 VPD.
Brand New 2017 Construction. 10% Rental Increase in Year and Each Option. Features Easy Access and Excellent Visibility along Carlisle Pike to Daily Traffic Counts in Excess of 15,586+ Vehicles. Close Proximity to Route 30 (18,000+ VPD). Pad Site to North Hanover Mall, a 452,500+ SF Enclosed Shopping Destination Anchored by JCPenney, Sears, Dick’s Sporting Goods, and Burlington Coat Factory.
Investment Grade Tenant- Lease Guaranteed by 7-Eleven Inc. (S&P AA-). 10% Rental increase in option. Signalized Intersection of Bates Street and Virginia Avenue. Dense Urban Infill Location. 10 Miles from Saint Louis Illinois Downtown Airport. 6 miles from the Gateway Arch and Busch Stadium. 3.5 miles from the Anheuser-Busch Brewery.
Corporately guaranteed. No Landlord Responsibilities. Rental Escalation in primary term and three 5-year renewal option periods. Strong performing store as evidenced by recent lease extension. Excellent visibility and convenient access. Benefits from its position to downtown Providence. 7-Eleven is an investment grade rated tenant (S&P: AA-).
Standard & Poor’s “A-“ rated investment grade credit tenant. No landlord responsibilities or expenses. 2% annual rental increases in the base term of the lease and in the option periods. Situated at the signalized corner of Kennedy Blvd and W 63rd Street with excellent access and visibility.
Investment grade tenant- Fitch rated BBB. Hard corner of signalized intersection. High traffic count on SW 184th Street (23,000 VPD). Just off Florida’s Turnpike & minutes from US-1. Population of 143,250 with average HH income of $71,104 within 3 miles.
10% increases every five years, including the option(s) period. Roughly 10,000 square feet of air rights as well for future development. Great Retail corridor of 4th & 5th Avenue. Tenant is Responsible for Utility, water, electricity and pays the tax increases above years.
Exceptionally well located new Wawa in South Florida. Investment grade credit- Shadow rating: BBB. Fixed 8% rental rate increases throughout the initial lease terms and renewal options. No Landlord Management Obligations. Hard corner, average daily traffic of 64,400 Vehicles. Within one mile of the Seminole Hard Rock Hotel & Casino. No debt to assume- Able to Pay all cash.
Zero Landlord Responsibilities. Corporate Guarantee. Situated 30 Minutes from Phoenix Sky Harbor International Airport and 20 Minutes from Downtown Phoenix. Property Enjoys an Annual Average Daily Traffic Counts of 20,288+. Major Tenants Nearby.
Brand New 2018 Construction with a Double Drive-Thru. Great Investment opportunity with zero landlord responsibilities. Located mid-way between the South Texas Medical Center and downtown San Antonio, at the intersection of I-10 and Loop 410. High Traffic Location in Dense San Antonio Retail Corridor. Irreplaceable infill location. Strong Retail Trade Area. Ideal 1031 Exchange Opportunity.
Three, Five-Year Renewal Options with an Increase of $0.50 Per Square Foot Every Five Years in Base Term and Option Periods. Surrounding National Retailers. Located on 49th Street, with a Daily Traffic Count of More than 51,000. Population of Nearby 500,000 within Fives Miles. Close Proximity to University of Miami, Downtown Miami and American Airlines Arena.
Stable Cash Flow Asset. Zero Landlord Responsibilities. 10% Rent Increases Every 5 Years Throughout the Initial Term and Option Periods. Corporately Guaranteed Lease by Boston Market Corporation. Strong Performing Fast Casual Brand in the United States. High Traffic Location. Tax Free State.
New Construction. 6% Rent Bumps after Year 10 & Options. Located along Hawthorne Ave (21K VPD) & US-78 (44K VPD). Attractions: Botanical Gardens of Georgia | Downtown Athens. Major Industries: Education | Government | Healthcare |Tractors.
Jiffy Lube Int’l Inc. is a wholly owned subsidiary of Shell Oil (S&P: A). Strong rent to sales ratio. No landlord responsibilities. 10% rent increases every 5 years in the extended lease term and options. Fee simple ownership of the land and building. Located off I-695 Baltimore Beltway at Joppa Road.
Rare Corporate Zaxby’s Guarantor. There are rare annual rent increases, providing an excellent hedge against inflation. Property is located in a high growth and high traffic area. It is within close proximity to malls, national retailers, grocers, and traffic generators. Ideal demographics with 1 mile median household income of $57,105 per year surrounding the property.
Substantial operating margins – operating expenses are much lower than industry average. Fixed annual increases – strong hedge against inflation. Offered at below replacement cost & tenant is paying far below market rental rate. No competition in the local market. Zero Landlord Responsibilities.
The Single Tenant Market is giving key retailers fresh momentum. Most of the companies that were allowed to operate during the major government shutdowns are occupying their premises, maintaining a sense of security. Fast-food restaurants, grocery stores, car parts, home improvement stores and pharmacies have in some cases survived and thrived during the pandemic. The closure of full-service restaurants directed customers to quick-service restaurants, while traffic to these locations also decreased as a result of closed dining. However, many national chains are expected to remain profitable thanks to delivery and drive-through services. Pharmacies recorded a 20% decline in visitor numbers, although profits have increased year over year as their sales have grown. Home improvement stores, particularly Lowe’s and Home Depot, recorded increases in both visits and sales as property projects were completed by furloughed workers.
Concepts based on experience have struggled and will continue to struggle during this period with state and local mandates. Gymnasiums, theatres and full-service restaurants will suffer unless the public get access to therapeutics and/or vaccines. Visits to fitness centers have declined by about 67% since the peak of the pandemic, and in many parts of the world, fitness centers have remained closed with other stores opening. Gold’s Gym and 24 Hour Fitness have applied for bankruptcy proceedings and will close the doors indefinitely at dozens of locations. Only a few theatres have reopened with restrictions, and it is unlikely that normal operations will resume in the near future. Even with phase opening plans, viewing options will be limited, which will hurt sales. Most major studios have stopped film production and published their current catalogues on streaming platforms. Traffic in full-service restaurants fell by an average of 38% between February and July. In the past, franchises not connected to stores such as Applebee’s, Chili’s and Olive Garden have done better than the Cheesecake Factory and Panera Bread.
Single tenants would be among the first sectors to benefit from the pandemic. In volatile times, net leased properties are much seen as a safer asset due to long term lease agreements and tenant guarantees. Coupled with low interest rates, net leased assets are very attractive to investors compared to alternative assets like bonds and the stock market. Nevertheless, there may be several issues, as a significant proportion of these transactions typically involve a 1031 exchange. Most of those single tenant net lease buyers come from the multi-family market, and evaluations will take longer for buyers, sellers and lenders. This could open the door in the second half of this year to allow more traditional buyers to enter the single-tenant sector. Another challenge is a possible change in tax legislation. The Democratic platform has a proposal to do away with the 1031 exchange to increase government revenue.
In the single tenant net lease retail market, cap rates rose by 10 basis points to 6.25 per cent in the second quarter of 2020 compared with the previous year. Cap rates for net lease office properties remained flat at 7.00 percent, while commercial properties were lowered to 6.99 percent by 6 basis points. The trading price was significantly impacted by Covid-19 in the second quarter and the impact on the industry as a result of the government ordered closures. In the first half of 2020, the investment rate in the net leasing market fell by more than 20% compared to 2019. As investors become more conservative during this pandemic, properties with high quality tenants and pose minimal risk and become more attractive.
The net lease market was bifurcated between essential and non-essential businesses in the second quarter of 2020. Consumer attention has focused primarily on open and active businesses, including supermarkets, fast food restaurants, convenience stores, dollar stores and convenience stores. Business that are considered non-essential and have been largely closed or have had a significant impact include cinemas, retailers of soft goods, fitness centers, and casual dining sit down restaurants. Investors have turned away from non-essential businesses and are waiting to see if tenants continue to experience financial difficulties.
Private investors who have tried to escape the volatility of alternative investment vehicles and the stock market have experienced a tough time finding much NNN Properties For Sale as many new investors have flooded the market. Long-term lease agreements with credit worthy tenants, such as NNN CVS Pharmacy Real Estate, 7-Eleven Gas and Convenience Stores, and McDonalds NNN Restaurants, achieved some of the industry’s lowest selling CAP Rates in the second quarter. The competition among investors for high quality NNN investments in the second quarter of 2020 can be illustrated by the widespread demand for supply. The spread for the retail and industrial sectors between asked and closed cap rates, reduced by 8 and 9 basis points respectively.
Due to the impact of Covid-19, the net volume of leasing transactions is expected to be significantly lower in 2020 than in 2019, and investors will closely monitor the reopening of the economy and the financial health of tenants. The stabilization of the 10-year Treasury yield in the second quarter will offer investors an attractive yield spread for the net leasing sector.