Archive for: Absolute NNN

 

• Brand New 15 Year Absolute Triple Net (NNN) Lease that Begins at Close of Escrow
• 7.5% Rent Increase Every 5 Years with 3 x 5 Year Options to Extend
• Remodeled in 2016 for $465,000 in Improvements – Such as New Pumps, New Coolers, Internal & External Face-lift and Double Link Tanks
• The Valero is Located in the Heart of Duluth and Sits on a Signalized 4-Way Hard Corner of one of the Busiest Streets – Peachtree Industrial Blvd (PIB) and N Berkeley
• Surrounded by National and Regional Retailers and 3 Fully Occupied Strip Centers
• Strong Multi-Store Operator – NGC, Inc has Over 14 Years of Experience with 40 Stores and is Currently Operating 8 Stores with 75 Employees
• Corner Property with Great Visibility and Ingress/Egress
• Absolute Net Lease (NNN) – Tenant is Responsible For All Expenses Including Roof, Structure, Taxes, Insurance and Common Area Maintenance

In Cooperation with Sands Investment Group Atlanta, LLC

BoR: Andrew Ackerman – Lic # H-67374

 

• 15 Years Remaining on an Absolute Triple Net (NNN) Lease
• Franchisee/Guarantor – Brumit Restaurant Group, Founded By Joe Brumit, Operates 47 Arby’s Restaurants Across North and South Carolina
• Four (4) x Five (5) Year Options to Extend
• 5% Rent Increases Every 5 Years and At Option Terms
• Strong Traffic Counts of 26,000± VPD on the Corner of East Caswell Street and Greenwood Lane
• $5 Million Per Year is Spent on Food Away From Home Within a 3-Mile Radius
• Nearby Tenants Include: Executive Inn, Advances Auto Parts, AutoZone, O’Reilly Auto Parts, Verizon Wireless and United States Postal Service

In Cooperation with JDS Real Estate Services, Inc

BoR: Jennifer D. Stein – Lic. # 2811280

 

• Value-Add Deal with Over $160,000+ in Cash Flow Over the Next 3 Years
• New Prototype Building with ~3 Years Remaining on the Lease
• Small Price Point Deal & Attractive CAP Rate
• Operated By the Largest Pizza Hut Franchisee in the World and 7th Largest Restaurant Operator in the United States
• Located on An Oversized Lot with Ample Parking and Across the Street From a Walmart Supercenter
• High Traffic Exposure from Major Highway Intersection US-43 and I-24
• Surrounded by National Retailers Such as Wendy’s, Jack’s, Waffle House, Bojangles’, AutoZone, Advanced Auto Parts, O’Reilly Auto Parts and More
• 3 Miles From Russellville High School That Has Over 745 Students
• Russellville High School Ranks as One of the Best Football Teams in Alabama and as One of the Most Attended Stadiums in High School Football

In Cooperation with BoR: Andrew Ackerman – Lic # C0001099750

 

• Prime Drive-Thru Location on W Slaughter Lane and MoPac Expressway in South Austin
• Traffic Counts Exceeding 44,000 VPD on W Slaughter Lane and MoPac Expressway Intersection
• High Barriers of Entry For Drive-Thru Development
• Below Market Lease Rate at $2.61/SF
• Limited Retail Development Along W Slaughter Lane and MoPac Expressway
• W Slaughter Lane is One of the Main East-West Corridors that Connects MoPac Expressway to Interstate 35
• Approximately 10-Miles to Downtown Austin, 8-Miles West to Austin Zoo and 7-Miles to Zilker Park – Home of the Austin City Limits Music Festival
• Minutes From Arbor Trails Shopping Center, Sunset Valley Shopping Center and Toney Burger Stadium & Activity Center

 

• Brand New Ground Up Development – Grand Opening Scheduled for January 8, 2018
• Absolute Triple Net Lease with Long Term Lease of 20 Years
• Outparcel to a Newly Constructed Grocery Anchored Center
• Annual Rent Escalations of 1.25%
• Guaranteed by a 100+ Unit Franchise Entity That Operates Three National Concepts in Eight States (Burger King, El Pollo Loco and Chili’s)
• The Unemployment Rate in Bismarck is 2.50%
• Today’s Job Growth is 2.53% – Future Job Growth Over the Next 10 Years is Predicted to be 42.56%
• On the Corner of Two Major Road Ways, Centennial Road and Century Avenue That Provide Direct Routes to Residential Neighborhoods with Projected High Growth in Single and Multi-Family Residents

In Cooperation with JDS Real Estate Services, Inc

BoR: Jennifer D. Stein – Lic. # 9646

 

• Absolute Triple Net Lease with ~15 Years Remaining
• Carrols Corporate Guaranty – The Largest Burger King Franchisee with More Than 800 Restaurants in 15 States
• Zero Landlord Responsibilities
• Long Term Successful Operating History at this Location
• Healthy Rent to Sales Ratio of 7.50%
• Fort Bragg – The Largest Military Base in the World (Over 50,000 Active Duty Personnel) is Located Less Than 9 Miles from Property
• 8% Rental Increases Every 5 Years
• Four (4) x Five (5) Year Options to Extend

In Cooperation with JDS Real Estate Services, Inc

BoR: Jennifer D. Stein – Lic. # 2811280

 

• Brand New 2018 Construction – Scheduled to Open on January 28, 2018
• Dollar General (NYSE: DG) Recently Upgraded to BBB Credit Rating
• Absolute NNN 15 Year Lease
• Corporate Guaranty from Investment Grade Tenant
• Situated Off Interstate 80 with Approximately 37,396 VPD
• 5.7 Miles from the Youngstown State University with an Enrollment of Over 12,000 Students
• As of 2016, Population in Youngstown is 64,312

In Cooperation with Cooper Commercial Investment Group – BoR: Dan Cooper Lic # 2009003618

 

• Brand New 20 Year Absolute NNN Lease – Zero Landlord Responsibilities
• 2% Annual Rent Increases
• Four (4) x 5 Year Options to Renew
• Blended CAP Rate of 7.59% Over Lease Term
• Guarantor Supplied Over 130 Million Gallons of Fuel to Over 300 Locations During the 12-Month Period – Ended June 30, 2017
• Guarantor Generated Over $13 Million in EBITDA in 2016
• Guarantor Spending Over $250,000 in Capex at Site Rebranding to Chevron
• Operator Operates 70 Circle K’s in 4 States
• 15 Year Accelerated Depreciation
• Income Tax Free State
• Hard Corner Directly Off Interstate 35 – 124,000 Vehicles Per Day at I-35 and Lafayette Street
• Strong Demographics – Approximately 20,000 Residents Within a 5-Mile Radius

In Cooperation with Sands Investment Group Austin, LLC – BoR: Max Freedman – Lic. # 9004706

 

• 15 Year Absolute NNN Lease
• Brand New 2017 Construction Relocation
• Expected Store Opening in Q1 2018
• Corporate Guaranteed Lease – NYSE (DLTR) Stock
• Approximately 345,000 Residents Within a 5-Mile Radius
• Strategically Out Positioning a Well Performing Dollar General
• Access Off Veterans Memorial Drive and Gulf Bank Rd
• Coppertree Village Apartments Create Significant Traffic Generator For Dollar Stores
• 12 Miles to Downtown Houston and 14 Miles to the George Bush Intercontinental Airport
• Family Dollar Was Recently Acquired By Dollar Tree and Combined Have Over 14,400 Locations Nationwide

 

• Corporate Guaranteed Long Term Absolute Triple Net (NNN) Lease
• 6% Rent-to-Sales Ratio
• Rally’s Just Signed an Early 10-Year Extension Showing Strong Commitment to Site
• Rally’s Has Successfully Operated at This Location Since 1988 and Consistently Generates Store Sales in Excess of $1,000,000 Per Year
• 4% Rent Increases Every 5 Years
• Two (2), Five (5) Year Options to Extend with 10% Increases at Each Option
• One Mile From Granite City High School with Over 2,200 Students and Staff
• Ten Miles From the Heart of St. Louis with a Population of Over 2.6 Million
• Surrounded By National Tenants Such As Taco Bell, McDonald’s, Jack In The Box, Domino’s Pizza, Walgreens, NAPA Auto Parts and Many More
• Sits Next to St. Louis Heart and Vascular Hospital and Granite City Works, a Large Steel Manufacturing Plant

In Cooperation with JDS Real Estate Investment Services, Inc. – BoR: Jennifer D. Stein – Lic # 471.018303

 

• Brand New 2018 Construction – Absolute Triple Net (NNN) Lease – No Landlord Responsibilities
• 15 Years of Lease Term Remaining
• Four (4) x Five (5) Year Options to Extend with 10% Rent Increases at Each Option
• Dollar General (NYSE: DG) Recently Upgraded To BBB Credit Rating
• Corporate Guaranty From Investment Grade Tenant
• Located Just One Hour Outside of Downtown Cleveland
• Neighboring Tenants Include – John F Kennedy High School, United States Postal Service, Moonraker Express, Famous Supply and Eastwood Mall

In Cooperation with Cooper Commercial Investment Group, LLC – BoR: Dan Cooper – Lic. # 2009003618

 

• Brand New 2018 Construction – Absolute Triple Net (NNN) Lease – No Landlord Responsibilities
• 15 Years of Lease Term Remaining with Rent Increase at Options
• Dollar General (NYSE: DG) Recently Upgraded To BBB Credit Rating
• Corporate Guaranty From Investment Grade Tenant
• Located Just 45 Minutes Outside of Downtown Cleveland
• Located Off of U.S. Route 322 – Main Artery to Cleveland and Across the Street From the Mayfield Sand Ridge Golf Club
• Neighboring Tenants Include – Sun Mart, Junction Buick GMC, Morning Star Friends Church and Mayfield Road Drive-In Theatre

In Cooperation with Cooper Commercial Investment Group, LLC – BoR: Dan Cooper – Lic. # 2009003618

 

• 20 Year Absolute Triple Net (NNN) Lease
• Strong Rent-to-Sales Ratio
• Recently Fully Remodeled Building with $275,000 in Improvements
• Multi-Concept, Multi-State Operator With Approximately 30 Years Of Experience
• Low Price Point Deal
• Over 14% Rent Increase in 2019 and $6,000 Increase Every 5 Years After
• Located Next To Carver High School With Over 1,200 Students and Faculty
• 5-Mile Household Income Over $61,000
• Walmart Distribution Center is 3 Miles Away with 1,000 Associates
• Excellent Visibility From US 78 With Over 20,000 VPD
• Walking Distance From Monroe’s Downtown Historical District
• Within 2 Miles to Downtown’s Government Offices, Fire Department and Utilities Offices

 

• Absolute Triple Net Lease (NNN) with Zero Landlord Responsibilities
• Long Term 20 Year Lease Commencing Upon Close of Escrow
• Personal Guarantee from Franchisor
• 1% Rent Increases Annually
• Four (4) x Five (5) Year Options to Extend
• Newer 2016 Development
• Strategically Located Next to Eagle Pass Jr. High, Glass Elementary, and Eagle Pass High School
• Rapidly Growing Concept with More Than 90 Locations
• Strong Household Income Over $65,000 Within 1 Mile Radius
• Located About 11 Miles From Kickapoo Lucky Eagle Casino, the Only Casino in Texas

In Cooperation with Sands Investment Group Austin, LLC – Lic# 9004706

 

• Absolute Triple Net (NNN) Single Tenant Lease With No Landlord Responsibilities
• Rite Aid Store that Has Been Officially Acquired by Walgreens
• ~6 Years Remaining on the Lease
• Corporate Guarantee
• 4 x 5 Year Options After Initial Term
• Located on the Main Retail Corridor of Gaffney, Within 1-Mile of Interstate 85
• Located on a Hard, Signalized Corner, Which Has Average Daily Traffic Counts of Over 23,000
• Highly Visible and Uniquely Offers a Drive-Thru With an Additional Drop-Off Window
• Strong Demographics With a Growing Population
• Surrounding Tenants Include Pizza Hut, Dunkin’ Donuts, Advance Auto Parts, KFC, Walmart, Dominos Pizza, Cookout and Lowe’s Home Improvement

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

 

• Absolute Triple Net Lease (NNN) with Over 9 Years Remaining
• 10% Rental Increases Every 5 Years with Four (4) x Five (5) Year Options to Renew
• Tenant Exercised Early Lease Extension Showing Long Term Commitment to Site
• Excellent Traffic Counts of 82,000+ VPD at S. Kirkman Rd / Vineland Rd and Over 158,000 VPD Along I-4
• Orlando’s Economy Benefits From A Globally-Recognized Tourism Industry That Sees 66 Million Visitors Annually
• 2 Miles From The Mall At Millenia, IKEA, Best Buy, Costco, Walgreens and Target
• 1 Mile From Universal Orlando, The Wizarding World Of Harry Potter and Several National Chain Hotels
• 13 Miles to Walt Disney World Resort (Magic Kingdom Park and Epcot)
• Surrounding Restaurants Include: Taco Bell, KFC, IHOP, Waffle House, McDonald’s and Wendy’s
• 3 Miles From Coca-Cola Orlando Eye, The Tallest Observation Wheel on the United States East Coast
• Central Florida Research Park is the 7th Largest Research Park in the Country With Over 1,025 Acres and Home to Over 120 Companies, Employs More Than 8,500 People and the Hub of the Nation’s Military Simulation and Training Programs

 

• Brand New Build-To-Suit Preschool Facility Well Located in Northern California Just Outside of Sacramento
• Long Term Absolute NNN 15 Year Lease With Two (2), Ten (10) Year Renewal Options
• 10% Rent Increases Every 5 Years
• Corporate Guarantee and Personal Guarantee From the Owners
• Extremely Affluent Suburb Just Outside of Sacramento With Above Annual Average Household Income Over $150,000
• Located Just Off of Interstate 80 (170,380 VPD) on Douglas Blvd (47,567 VPD)
• The Site is Strategically Located Near Multi-Million Dollar Residences, Immediately Adjacent to the Quarry Ponds Shopping Plaza and Approximately 3 Miles From One of Two Main Trade Areas Servicing Roseville and Granite Bay Including the Roseville Auto Mall (With Over 20 Dealerships) and Roseville Galleria (Within 5 Miles)
• Well Located With Multiple Retail Power Centers, Anchored By Home Depot, Walmart, Ashley Furniture, 24 Hour Fitness, Fry’s Electronics and Others
• Customer Base From Granite Bay, Folsom, Rocklin and Roseville

 

• Absolute Net Lease (NNN) – Tenant is Responsible for All Expenses Including Roof, Structure, Taxes, Insurance, and Common Area Maintenance
• Immediately Off the Interstate – 185 on Hwy 18 with Limited Competition
• Across from Bridgestone Tires & Service
• 3 Miles From Walmart Distribution Center and Milliken & Co. Manufacturing Facility
• Tenant Recently Spent $250,000 in Rehabbing, Facelift, New Pumps, Lights, Flooring, Signs and Rebranding
• New 15 Year Lease With 1 x 5 Year Option to Extend
• Corner Property With Great Visibility and Ingress/Egress
• Strong Multi-Store Operator

 

• Absolute Net Lease (NNN) – Tenant is Responsible for All Expenses Including Roof, Structure, Taxes, Insurance, and Common Area Maintenance
• New 15 Year Lease with 1 x 5 Year Option to Extend
• Immediately Off the Interstate – 185 on Hwy 18 with No Competition
• Tenant Recently Spent Over $250,000 in Rehabbing, Facelift, New Pumps, Lights, Flooring, Signs and Rebranding
• Corner Property With Great Visibility and Ingress/Egress
• Strong Multi-Store Operator

 

• Absolute Triple Net Lease (NNN) with Zero Landlord Responsibilities
• Attractive 10% Rent Increases Every 5 Years – Next Increase on July 18, 2018
• 10+ Years on Initial Term with Four (4) x Five (5) Year Options to Renew
• Strong Multi-Unit Franchisee Operating Various Concepts
• Outparcel Pad to Washington Crossing Center Anchored by Lowe’s Home Improvement, and Michael’s, and Schnuck’s (The Midwest’s Premier Food & Drug Store)
• Well Located Within a Prime Retail Market with Surrounding Tenants that Include: Lowe’s Home Improvement, Michael’s, Walgreens, JCPenney, The UPS Store, Burger King, Jack in the Box, Arby’s, DQ Grill & Chill, KFC, Taco Bell, McDonald’s and OfficeMax

In Cooperation with JDS Real Estate Services, Inc – BoR: Jennifer D. Stein – Lic# 2011038702