NNN Lease Properties

For the first time on the market, Sands Investment Group is pleased to present for sale this Cost Plus World Market (a Bed Bath & Beyond Company) located in Torrance, CA. This absolute net lease retail investment features zero landlord responsibilities and is situated in the heart of the South Bay. With a long term successful operating history since 1977, Cost Plus invested significant capital in 2006 to extensively remodel the property. The investment consists of approximately 23,866 square feet of rentable space on approximately 1.88 acres of land. Cost Plus has approximately 8 years left on the current term with one five year option. In 2017, there is an increase based upon CPI not to exceed 15%. At the option period there is a rare increase of the greater of 15% or Fair Market Value.

 

• High Performing Absolute NNN Retail Property Leased to 7-Eleven / Shell and Dunkin Donuts
• Located in the Premier Gateway town of Summit County, Silverthorne, CO
• 8 Year Remaining on Lease
• Long Term Operating History, Several Lease Extensions within Initial Lease Term
• One of the Top Performing 7-Eleven / Shell Gas Stations in CO
• Brand New 15 Year NNN Lease with Dunkin Donuts with Fixed 18% Rental Increases Every 5 Years Throughout Lease Term
• Property has Operated as a Gas Station Since 1960s with Complete Ground Up Redevelopment in 1994-1995
• Zero Management – Hassle Free Asset
• NOI is Projected to Increase More than $79,580 (15.5%) Over Anticipated Hold Period

 

• 100% leased single-tenant NNN ground lease, providing zero oversight for an investor
• Corporate Guaranteed lease with Kroger (NYSE: KR) with a BBB S&P credit rating
• Long term gas station occupancy at site, with King Soopers operating since 2009
• King Soopers completely scraped former gas station and re-built from the ground up
• Favorable Rent Increases of 7.5% every five years in initial term, and CPI within each 3-5 year option term.

 

• Single Tenant NNN  Ground Lease
• Corporate Guaranteed Lease
• Zero Management Responsibility
• Favorable 10% Increases Every 5 Years
• Adjacent to McLain High School
• Established Location

 

• Single Tenant NNN
• Central Retail Location
• New 10 Years Lease with Heartland Automotive
• Minimal Management Responsibility
• Lease Accounts for 2% Annual Ret Increases

This asset is a 100% leased single-tenant NNN property, providing zero oversight for an investor

• NEW 10 Year lease at the Close of Escrow
• Highly traveled Road with over 31,000 cars per day
• Favorable Rent Increases of 10% at Option Periods
• House Hold Income of $82,600 within a 5 mile radius

• 100% leased single-tenant NNN lease, providing zero oversight for an investor.
• NEW 10 Year Lease at Close of Escrow
• Highly traveled street with over 35,000 cars per day
• Favorable Rent Increases of 10% at Option Periods
• 200,000 people within a 5 mile radius

This asset is 100% leased single-tenant NNN lease, providing zero oversight for an investor.

• NEW 10 year lease at close of escrow
• Highly traveled Hwy with over 34,000 cars per day
• Favorable Rent Increases of 10% at Option Periods
• Household Income of $76,000 within a 5 mile radius

 

• Low Management STNL Asset
• Absolute NNN Long-Term Lease
• Rare 2% Annual Increases
• Investment Grade Tenant
• Corporate Guaranty: 7-Eleven
• S&P AA- Credit Rating
• Strong Retail Location
• Over 22,400 Vehicles Per Day on Graham Rd

 

• Absolute NNN with 8 Years Remaining
• Below Replacement Cost -$92 PSF
• Strong Trade Area Including Dillard’s, Sears, JCPenney, Carmike Cinemas, Target, BestBuy, Michaels, TJ Maxx, Petco, Starbucks, Bed Bath & Beyond
• Amazing Location Next to Longview Mall and Tomlinson Pkwy
• Longview MSA Boasts Low Unemployment

 

• A Ground Lease of 19,166 SF Which Serves as a Drivethru ATM, Additional Parking and Provides the Corner Signage to Adjacent Corporately Owned and Operated Chase Bank Branch (Bank is Not Included in the Sale)
• Single Tenant Absolute NNN Ground Lease
• Tenant Just Excised 5 Year Option to Extend the Lease
• Bumps – 6.5% Every 3 Years Throughout the Base Term Lease
• Guaranty by Chase Bank (NYSE: JPM)
• Strong Location with Deposits $53.7M in 2015, and Deposits Have Grown Every Year

The Sands Investment Group is pleased to exclusively offer for sale a single tenant, absolute NNN Leased Investment Valvoline located at 525 N. Glendale Blvd. in Glendale, CA.  The offering is for the fee-simple ownership of a 3,992 square foot corporate owned and operated store.  Valvoline is located at the signalized intersection of Glendale Blvd. and Doran St. in the County of Los Angeles. Seven years remaining on current lease term with CPI increases every 2 years.  The Tenant is responsible for all expenses associated with the Property – taxes, insurance, capital expenses, building maintenance and repairs and roof & structure. Local demographics include a population of over 482,862 people within a five-mile radius and an average household income of $91,599.  In addition, the center thrives from the attraction of other local retailers including Vons, Rite Aid, IHOP and Chase Bank.

ESTABLISHED VERIZON WIRELESS IN THE HENRY TOWN CENTER

• 100% leased single-tenant NNN fee simple (land & building) providing a new investor with a very secure asset
• Outparcel to a Super Target in the Henry Town Center
• Verizon has been operating at this location since 2005 providing new investor with confidence given the established location
• Lease calls for Two – 5 Year extension options following the initial lease term with 10% increase at each option period
• Verizon Wireless is a national credit tenant, publically traded on the NYSE, NASDAQ: VZ. Verizon Wireless posted a 2013 Q3 net income exceeding $5.5 Billion and was recently upgraded to BBB+ credit rating by Standard and Poor

 

• 100% leased single-tenant NNN fee simple (land & building) providing a new investor with a very secure asset
• Lease is guaranteed by  Franchise Operator (Bladow Enterprises) by operator himself – not just a LLC/Entity guarantee, Bladow Enterprises operated 22 Jack In The Box Restaurants and 3 Qdoba Restaurants in Colorado, Nevada and California
• Jack In The Box has been operating at this location since 2009 providing new investor with confidence given the location has been established
• Brand new 15 year absolute NNN lease will commence at Close of Escrow with fixed 10% rent increases every 5 years
• Lease calls for Four – 5 Years options to extend following the initial lease term
• Jack In The Box is a national credit QSR Restaurant, publically traded on the NYSE:JACK with over 2,200  locations throughout 20 states.  2013 revenue was reported at $2.25 billion. Additionally Jack In The Box operates the Qdoba mexican grill concept with 510 locations in 45 states

Sands Investment Group is pleased to exclusively offer for sale a single-tenant Absolute NNN Lease Whataburger in Thomasville, GA. This free-standing location is within the Tallahassee Metropolitan Statistical Area  and consists of 3,385 SF on a 43,124 SF lot.  The current Lease is guaranteed by Whataburger Restaurants LP, a privately held national QSR chain. Whataburger’s lease currently runs through 2024 and they have the option for two 5-year extensions.  This outfit is located along a strong retail corridor next to tenants such as Lowe’s, Sun Trust Bank and Best Western.

Sands Investment Group is pleased to exclusively offer for sale a 7,099 square-foot medical building situated on a 26,416 square foot lot. The fully leased medical building was completed in 2009 and is strategically located near several major hospitals and medical centers. This asset is leased to DaVita, Inc. under an Absolute NNN lease.

DaVita Inc. (NYSE: DVA) is a Fortune 500 company and a leading provider of kidney care in the United States, delivering dialysis services and education to patients with chronic kidney failure and end stage renal disease. As of December 31, 2010, DaVita operated or provided administrative services at 1,612 dialysis facilities, serving approximately 125,000 patients.

 

• Deliverable free and clear of debt
• Absolute NNN lease
• Dense infill trade area: Over 700,000 people within 5 miles
• Extremely rare LA County Walgreens site for sale
• 68 years left on lease with 17 Years prior to Walgreens right to terminate
• Ease of management; no landlord responsibilities
• Only 22% Down Payment required with assumable loan of over 78% LTV
• Located at the signalized intersection of Long Beach and Tweedy Boulevard
• High traffic counts – Over *43,000 cars per day