CVS Pharmacy Absolute NNN

CVS Pharmacy | Charleston, WV


Sands Investment Group is Pleased to Exclusively Offer For Sale the 12,035 SF CVS Pharmacy Absolute NNN Asset Located at 885 Oakwood Road in Charleston, West Virginia. This Deal Includes 15+ Years Remaining on an Absolute Triple Net Lease With Zero Landlord Responsibilities, Providing For a Secured Investment.

  • 15+ Years Remaining on an Absolute Triple Net Lease – Zero Landlord Responsibilities
  • The Property is Ideally Situated on a 1.32 Acre Lot Between Dunkin’ and Kroger Fuel Center
  • Prime Location Directly Off U.S. Highway 119 Which Sees Over 35,000 Vehicles Per Day
  • Investment Grade Credit / Fortune 500 Company: Lease Corporately Guaranteed By CVS Health, the 6th Ranked Company in the Fortune 500 With an S&P Credit Rating of BBB and Over $358 Billion in Total Revenue
  • Nearby Tenants Include: Dunkin’, Kroger Fuel Center, Oakwood Terrace Apartment Complex, Starbucks, Exxon Fuel, Kroger, Rhino Self Storage, and Domino’s Pizz

In Cooperation With Sands Investment Group West Virginia, LLC – Lic. #010212-00 BoR: Tom Gorman Lic. WV #WVB23030087

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Walgreens Absolute NNN Asset

Walgreens | Charleston, SC


Sands Investment Group is Pleased to Exclusively Offer For Sale the 10,908 SF Walgreens Absolute NNN Asset Located at 1115 Old Town Road in Charleston, SC. This Deal Includes a NNN Lease With Limited Landlord Responsibilities and Rare 14.83% Rental Increase at the End of the Remaining Term and Approximately 1.6% Rent Bumps on Each of the Option Periods, Providing a Hedge Against Inflation, Thus Providing For a Secured Investment. Located on the Primary Commuter Street in a Strong Area of Charleston, This Property Has a “Covered Land Play” Opportunity in the Future.

BEST IN CLASS INVESTMENT FEATURING ATTRACTIVE YIELD WITH RENT GROWTH:

  • 4 Years Remaining With (4) 5 Year Option Periods
  • Corporate Guaranteed Lease Featuring Investment Grade Credit (S&P: BBB)
  • NNN Lease With Limited Landlord Responsibilities and Depreciation Benefits
  • Extremely Rare 14.83% Rent Bump at the End of the Remaining Term and Then Nearly 1.6% Rent Bumps on Each of the Options Periods Providing Hedges Against Inflation
  • Strong Store Sales at This Location
  • Long Term Tenant Has Been Operating at This Location Since 1998
  • Low Rent in Strong Charleston Location Creating Potential Value-Add Opportunity in the Future

DAILY NEEDS & NECESSITY BASED TENANT:

  • Walgreens is the Second-Largest Pharmacy Store Chain in the United States
  • Drug Stores Provide a “Daily Needs” For Consumers Making the Property Pandemic and Recession Resistant

PRIME CHARLESTON LOCATION WITH STRATEGIC ADVANTAGES:

  • Incredible Corner Lot on a Highly Trafficked Intersection Near Downtown Charleston
  • Easily Accessible From Major Roads and Highways, Including Proximity to Highway 17, Facilitating Convenient Travel For Customers
  • Established Presence in the Charleston Community, Having Served Local Residents For Many Years With Trusted Pharmacy and Retail Services
  • Positioned Near Several Healthcare Facilities, Including Hospitals and Clinics, Supporting Walgreens’ Health and Wellness Services
  • Nearby Retailers Include – Coastal Cardiology PA, Motion Dynamics Chiropractic, Little Caesars, Circle K, Taco Bell, Affordable Dentures and Implants
  • Dense Population Base With Over 139,000 People Within 5-Miles
  • Affluent Trade Area – Over $103,000 Average Household Income Within a 3-Mile Radius
  • Top Performing Sales Location

In Cooperation With Sands Investment Group Charleston, LLC – Lic. #20891 BoR: Chris Sands – Lic. SC #93103

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Mr. Rogers Self Storage Industrial

Mr. Rogers Self Storage | Charleston, WV


Sands Investment Group is Pleased to Present Exclusively For Sale Mr. Rogers Self Storage Industrial Located at 800 Piedmont Road in Charleston, West Virginia. The Facility Was Renovated in 1960 and Features 209 Traditional Units Totaling 25,635 Net Rentable SF. Additionally, the Facility Receives Ancillary Income From U-Haul Rentals, an Established Shredding Business and a Larger Government Tenant. With a Current Physical Occupancy of 83.25%, This Facility Provides a Stabilized Opportunity With Additional Upside Through Driving Economic Occupancy, Rent Increases, Mandating Tenant Insurance, Converting the Facility to Climate Control and Converting Some of the Larger Tenant Spaces in Smaller Self-Storage Units.

  • Stabilized Self-Storage Facility in the Heart of Downtown Charleston, WV, Which Has Over 41,160 People Within a 3-Mile Radius
  • GSA (Government Tenant) Lease Went Into Effect 6/1/2021 and Will Add $9,700 to Annual Revenue
  • Physically Stabilized Facility With an In-Place Cap Rate of 6.63% on Existing Income and a Pro Forma Cap Rate of 10.53%
  • Additional Income Being Collected Through Established Paper Shredding Business, Which Requires Little Additional Management to Run
  • Facility on Pace to Double U-Haul Revenue From 2020
  • Additional Upside Available Through Driving Economic and Physical Occupancy, Mandating Tenant Insurance, Selling Boxes and Locks, Offering 24/7 Access and Converting the Facility to CC
  • Nearly $225,000 in Capital Improvements Has Recently Been Invested Into the Facility; Recent Upgrades Include: Leasing Office Renovation, New Motion Activated Lighting, New Electrical/Fire Alarms Throughout, New Window Coverings on the Front of the Building, Brand New Elevator, New Signs and Paint
  • Visibility From I-64 Which Sees Over 86,034 VPD
  • Charleston, the Capital of West Virginia, is Home to the University of Charleston, Marshall University, Appalachian Power, MATRIC and United Bank

In Cooperation With Scott Reid & ParaSell, Inc., 895 Dove St, Ste 300, Newport Beach, CA 92660 A Licensed West Virginia Broker # 010038-00 – Ph (949) 942-6585

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charleston nnn retail

10 Exchange Street Building | Charleston, SC


Sands Investment Group is Pleased to Present Exclusively For Sale the 6,320 SF Charleston NNN Retail Building Located at 10 Exchange Street in Charleston, South Carolina. This Deal Includes a Triple Net (NNN) Lease in an Area With Over 49,000 Residents Making an Average Household Income of $103,439, Providing For a Secure Investment.

  • Brand New Triple Net (NNN) Lease With Approximately 15 Years Remaining
  • 10% Rent Increases Every 5 Years
  • Within Walking Distance of 65 Hotels, 139 Multifamily Centers, 290 Office Buildings and 480 Retail Buildings
  • Average Household Income Within 1-Mile is Over $132,114 Annually
  • Extremely High Barriers to Entry
  • Immediate Proximity to a Plethora of Shopping and Dining Options
  • Located in Downtown Charleston, SC Which is An Irreplaceable Location
  • Charleston Was Voted #1 “South’s Best City” in Southern Living’s 2019 South’s Best Awards; The City Has Also Been Voted the #1 City in the World By Travel & Leisure For the Last 4 Years
  • Nearby Tenants Include: Wells Fargo, South State Bank, Subway, Starbucks, Jimmy John’s, Apple Store, H&M, Bank of America, Harris Teeter, CVS Pharmacy and More

In Cooperation with Sands Investment Group Charleston, LLC – Lic. #20891

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AutoZone | Charleston, WV


Sands Investment Group is pleased to present this AutoZone Absolute NNN Ground Lease located in Charleston, West Virginia.

  • Corporately Guaranteed Lease by AutoZone, Inc. (S&P Rating – BBB)
  • Ground Lease Investment Opportunity with Zero Landlord Responsibilities
  • Strategically Located in “Do-It-Yourself” Market – Perfect for the AutoZone Business Model
  • Strong Operating History – AutoZone Has Been Successfully Operating at this Location Since 2001
  • Charleston is the Capital and Most Populated City in West Virginia
  • Over 72,000 People Within a 5-Mile Radius of the Property
  • West Virginia had the Highest Percentage Increase in Construction Jobs in the U.S in 2017 (14.4%)
  • AutoZone is the Second Largest Retailer of Aftermarket Automotive Parts and Accessories in the U.S with Annual Revenues of Over $10.64 Billion

In Cooperation with Rockstar Realty, LLC – BoR: Paul Napoli (WV0023831) / Nancy McBride (WV0002673)

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Popeyes

 

  • Value Added Ground Lease Opportunity
  • 10% Increase at Each Option
  • Strong Franchisee AFC Enterprises, Inc.
  • Highly Sought After Real Estate that Can Be Repositioned in 2023
  • Outparcel to Publix Shopping Center
  • Below Market Rent
  • Low Price Point

IHOP

Sands Investment Group offers an exceptional opportunity to purchase NNN ground lease of a freestanding IHOP restaurant located in Charleston, West Virginia.

AutoZone

Sands Investment Group offers an exceptional opportunity to purchase NNN ground lease of an AutoZone retail store located in Charleston, West Virginia.