Archive for: 17

 

• Absolute NNN Lease – Zero Landlord Responsibilities
• Long Term Lease with 17 Years Remaining
• Rent Escalations Starting in 2028  and Every 5 Years Thereafter
• Additional Future Upside Potential Through 2% Annual Percentage Rent
• Dense Retail Corridor in Highly Desirable Michigan Market
• Strong Visibility from Van Dyke Avenue – 30,976 VPD
• 243,562 SF New Retail Shopping Center Currently Being Built Directly Behind Property – Anchored by 123,000 SF Kroger and Will Include Ulta Beauty and T.J. Maxx
• Neighboring Tenants Include: Target, Kohl’s, Panera Bread, Michael’s, Chili’s Grill & Bar, The Home Depot, Panda Express, McDonald’s, Little Caesar’s Pizza, Buffalo Wild Wings and Play It Again Sports
• In Cooperation with JDS Real Estate Services, Inc. Lic #6505385865

 

• Largest Pizza Hut Franchisee (51 Units) in the Pittsburgh Area
• Attractive Rental Increases
• Absolute Triple Net Lease
• Prime Location to the Northeast of Pittsburgh, PA
• Recent Tenant Improvements
• Natrona Heights Lease Extended 9/4/2012, 17 Years Remain

 

• Largest Pizza Hut Franchisee in the Pittsburgh Area (51 Units)
• Absolute Triple Net Lease with Attractive Rental Increases
• 3 Prime Locations to the North, Northeast and Southeast of Pittsburgh, PA
  • 4873 Route 8, Allison Park, PA
  • 3036 Freeport Rd, Natrona Heights, PA
  • 9253 Route 30, Irwin, PA
• Recent Tenant Improvements
• Low Price Per Unit
• Allison Park Lease Extended 4/20/2012, 17 Years Remain
• Natrona Heights Lease Extended 9/4/2012, 17 Years Remain
• Irwin Lease Extended 6/1/2015, 19.5 Years Remain

 

• Reasor’s Corporate Lease – 19 Locations and 2 Convenience Stores
• Security Through Long Term Lease – 17 Years Remaining on Base Term
• Absolute Triple Net (NNN) Lease – Zero Landlord Responsibilities
• New Construction – Built in 2012
• High Traffic Location – Adjacent to Creek Turnpike (toll road)

 

• Lease Guaranteed by AWG (Associated Wholesale Grocers)  – 2014 Sales of $8.93 Billion
• Security Through Long Term Lease – 1 Years Remaining on Base Term
• Absolute Triple Net (NNN) Lease – Zero Landlord Responsibilities
• Successful Location with Strong Store Sales – Over $27 Million ($363 PSF) in 2014
• Extremely Low Rent to Sales Ratio Under 3%
• New Construction – Built in 2012
• High Traffic Destination Location – Adjacent Retailers Include Lowe’s, Walmart, Walgreens, Dollar Tree, Starbucks and More

 

• Security Through Long Term Lease
• Absolute Triple Net (NNN) Lease – Zero Landlord Responsibilities
• Successful Location with Strong Store Sales – Nearly $10 Million in 2014
• Low Rent to Sales Ratio of 3.65%
• New Construction – Built in 2012
• Tenant has Long Term Operating History in Immediate Trade Area – Tenant Relocated from Across Har-Ber Road

 

• Freestanding Absolute NNN Ground Lease
• Initial Lease Terms Through January 2031
• A-Grade Investment Credit Rating
• 12,700 VPD on Main St.
• Strong Retail Corridor with Multiple National Credit Tenants
• Can be Delivered Free and Clear of Debt