Burger King

 

  • Single Tenant NNN Investment
  • 11+ Years Remaining on Long-Term Lease
  • Four 5-Year Options to Extend
  • 5% Increases Every 5 Years, Next Increase in February 2017
  • 33,000 Vehicles Per Day Along Arendell Street
  • Operated by Carrols Corporation (650+ units), the Largest Franchisee of the BURGER KING® Restaurant Chain

Food 4 Less

 

  • Assuming Financing Priced at $21,000,000 – 5.96% CAP
  • NNN Lease – Minimal Landlord Responsibilities
  • 11 Years Remaining on Long-Term Lease
  • 6 Options to Extend Remain
  • 5% Rental Increases in 2017 and at Options
  • Trophy Orange County Location at the Signalized Corner of Beach Blvd and Katella Ave
  • Excellent Location with Over 280,000 People within 3 Miles and Average Household Income Over $70,000
  • Located on Dominant Retail Corridor – Over 92,000 VPD on Beach Blvd and Katella Ave

Golden Corral

 

  • Guaranteed Six Years Remaining on Recently Renewed Absolute NNN Lease
  • Four 5-Year Op2ons to Renew Remain
  • Located in Dense Retail Trade Area
  • Traffic Counts of Over 92,000 VPD
  • Corporate Guaranty by Golden Corral

Stripes

 

  • Single Tenant Absolute NNN Lease with 11 Years Remaining
  • Original Long Term Lease in Place
  • CPI Annual Increases
  • Five 5-Year Options to Extend Remain
  • Stripes is a Publicly Traded Company that Specializes in Gas Station/Convenience Stores with Over 565 Locations and $5.8 Billion in Revenue

AutoZone

 

  • Single Tenant NNN Ground Lease with 11 Years Remaining
  • 10% Rent Increases Every 5 Years
  • Dec 1, 2015 Rent Increases to $56,760 Taking it to a 5.78% CAP
  • Four 5-Year Options to Renew in Place
  • Corporate Guaranty from AutoZone (NYSE:AZO)
  • Optimal Demographics with 242,924 Residents with 5 Miles