Archive for: Automotive

Andrew is a seasoned CRE professional with over 10 years experience and has closed over $500M in transaction volume over the course of his career. Andrew has a proven track record in brokerage as well team management which he’s done in several capacities since first joining Marcus & Millichap in 2005. Before joining SIG, Andrew was a top producing agent at Stan Johnson Company’s Atlanta office, he brokered the closing of a 16-store sale leaseback for $26M while receiving the company’s Mentor Award. He also co-founded Smith Attaway Company, a commercial real estate service company focused on brokerage and development, where he was president.

100% leased single tenant NNN fee simple (land & building) providing a new investor with a very secure asset (zero landlord responsibilities)

Location was built in 2010, and has shown tremendous growt

AutoZone does not report sales figures, however the company has indicated that this location is one of the top performing stores compared to surrounding stores and those in the Sacramento MS

Lease calls for Four 5 Year extension options following the initial lease term with 10% increase at each option period

AutoZone is a national credit tenant, publically traded on the NYSE: AZO. AutoZone Inc. posted a 2013 net income of over $1 Billion and maintains a BBB credit rating by Standard and Poor (the highest among its competition)

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

Sands Investment Group offers an exceptional opportunity to purchase NNN ground lease of an AutoZone retail store located in Decatur, Illinois. This investment offering includes a rare 15% increase at each option period.

 

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

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.