Smart & Final NNN Lease Grocery Azusa California

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Sands Investment Group is pleased to present this Smart & Final NNN Lease located in Azusa, California.

• Long-Term NNN Lease – Commenced 11/2017 with 15 Years of Initial Term and 4-5 Year Options Following with Increases throughout Initial Term and Options
• Corporate Lease with Smart and Final Inc, (NYSE: SFS) Founded in 1914 in Los Angeles with 323+ Stores Throughout California, Oregon, Washington, Arizona, Nevada and Idaho and Over $4.3B in Annual Sales
• Smart & Final is One of the Most Rapidly Expanding Banners Amongst Grocery Retailers with 14 New Stores in 2017 and a 5.3% Increase in Sales from Prior Year
• Directly Off E Foothill Blvd (35,000+ VPD) at Signalized Corner of N Dalton Ave
• High Barriers to Entry Market – Surrounded by 310,000 Residents Within 5-Miles with Little Room for New Retail Development Minimizing Grocer Competition
• Located 2 Blocks West of Azusa Pacific University – Consists of 10,000 Students and 3 Blocks from Citrus College with Enrollment of 12,600 Students

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• Brand New 20 Year Absolute NNN Lease with Zero Landlord Responsibilities
• Fixed Rent Increases Throughout the Initial Term and 8 x 5 Year Options
• Safeway is Recognized as the Leading Grocery Store Throughout the Western Region of the US and the Highest Performing Grocer in Northern California
• Strong Historical Operating History – Safeway Has Been at this Location Since 1999 Providing an 18 Year Track Record Within the Local Market
• Safeway Creates a “Daily Needs” Draw to the Rest of the Shopping Center it Anchors, Providing a Cross-Shopping Experience with the Rest of the Tenants
• Situated at the NEC Right Off the Intersection of Manzanita Ave (45,000 VPD) and Fair Oaks Blvd (32,000 VPD) – Major Arterial Within the Trade Area
• Excellent Demographics – Population of 369,820+ Residents Within 5-Miles Close Proximity to Residential and Commercial Density – High Traffic Location

 

• ~4 Years Remaining on a Modified NN Lease
• The Tenant of this Location, Jiffy Fast Lube Colorado Springs LLC, is a Subsidiary of Griffin Fast Lube Inc. a Franchisee that Operates 50 Jiffy Lube Service Centers in Utah, Nevada and Colorado
• Dense Population of 250,983 Within a 5-Mile Radius
• Annual Average Daily Traffic Count of Over 32,000
• Located 0.9 Miles Away from I-25 with a Traffic Count of 128,000 AADT
• 7 Minutes to Downtown Colorado Springs, which Includes Monument Valley Park, Pikes Peak Railway, Shopping and Eateries
• Major Tenants Nearby Include: Walgreens, McDonald’s, Sonic, Arby’s, Jimmy John’s, Subway, Taco Bell, Burger King, Little Caesars, Cricket Wireless, T-Mobile, K-Mart, Advance Auto Parts, AutoZone and More

 

• Brand New Construction Wendy’s Prototype (2017)
• Long Term 20 Year Absolute NNN Ground Lease with Zero Landlord Responsibilities
• Excellent Location From Interstate 15 (112,874 VPD) Off-Ramp with Impressive Traffic Counts on Main Street of 39,000 VPD
• Outparcel to New Construction Shopping Center with Complimentary Tenant Mix
• Escondido Plaza Consists of Aldi Food Market, Dollar Tree and T-Mobile
• Strong & Proven Operator with Over 80 Wendy’s, 60 Taco Bells and Plans to Open Over 25 Pieology Locations in the Next 5 Years
• Attractive 10% Increases Every 5 Years and Persisting Throughout Each of the Option Periods
• Positioned Directly Across the Street from a Walmart Anchored Power Center

 

• Absolute NNN Lease Located in One of the Prime Markets in Los Angeles County
• ~4 Years Remaining on the Lease – Potentially a Value-Add Investment
• Tommy’s Burgers has Operated at this Location for Over 33 Years – Initial Lease Term Was for 10 Years (1984-1994)
• Less Than Half of a Mile Away from Recreation Park 18 Golf Course, Woodrow Wilson High School, and Bryant Elementary School
• Over 255,000 People Reside Within a 3-Mile Radius with an Average Household Income of $88,388
• Over $280 Million is Spent Every Year on “Food Away From Home” Within a 3-Mile Radius
• Nearby Retail Tenants Include: 7-Eleven, Subway, Little Caesar’s Pizza and Enterprise Rent-A-Car

 

• Brand New Corporately Guaranteed 20 Year Absolute NNN Lease with Zero Landlord Responsibilities
• Located in the Heart of Affluent Sonoma County Wine Country in Downtown Santa Rosa, Surrounded by 425+ Wineries and 60,000+ Acres of Vineyards Which Attracts High Numbers of Tourists Annually
• Fixed 1.5% Rent Increases at the Start of Years 2-5 and 7.5% Rent Increases Starting at Year 10 and Every 5 Years Following
• National Credit Grocery Store – Safeway (Albertsons Companies) is the Leading Grocery Store Throughout the Western Region of the Country and the Highest Performing Grocer in Northern California
• Albertsons Companies Operates 2,300+ Stores Under 20 Brands and Serves 34 Million Customers Per Week, Generating $60 Billion in Annual Sales
• Pride of Ownership Asset – Property Offers a Rare Opportunity to Acquire an Asset Containing Both High Quality Real Estate and High Quality Tenancy in One of California’s Highest Barriers to Entry Markets
• High Traffic, Dense Population Location Within a Quarter Mile from Hwy 101 with 350,000+ VPD and a Population of 214,500+ Within 5-Miles

 

• Rare, Brand New Corporately Guaranteed 20 Year Absolute NNN Lease with Zero Landlord Responsibilities
• National Credit Regional Brand Name Grocery Store – One of the Highest Performing Grocers in Southern California with 325+ Locations
• Generates High, Above Average Sales Volume Proving to be the Go-To Grocery Store Within the Affluent Long Beach East Village and Downtown Areas
• Fixed 1.5% Annual Increases Throughout the First 4 Years of the Initial Term, 7.5% Increases Starting at Year 11 and Every 5 Years Following
• Strong Historical Operating History – Vons Has Been at this Location for 50+ Years with the Current Building Completely Redeveloped in 2010
• Located in One of the Highest Barriers to Entry and the Most Booming Residential Development Markets in All of Los Angeles County
• High Traffic Location at the Signalized Corner of Atlantic Avenue and E Broadway, One of the Busiest Intersections in Downtown Long Beach
• Population of Over 388,850 Residents Within a 5-Mile Radius

 

• New 20 Year Absolute NNN Lease with Zero Landlord Responsibilities
• Top National Credit Grocery Store – Safeway is Recognized as the Leading Grocery Store throughout the Western Region
• High Sales Volumes with Stable Sales Numbers Over the Past 5 Years
• 1.5% Increases Over the First 5 Years with 7.5% Increases Every 5 Years After
• Strong Operating History – Safeway Has Been at this Location Since 2001
• Safeway is a Long-Time Staple in the Grocery Store Industry, Formed in 1926 and Currently has 1,300+ Locations in 19 States
• Average Household Income Exceeding $81,580 Within a 5-Mile Radius
• Superior Frontage and Visibility – Immediately Off Hwy 50 Located on the Core Signalized Corner for the Pollock Pines Retail Trade Area

 

• Brand New 2017 Construction – Corporate Panera Bread with Drive Thru
• Long Term 15 Year Lease Commencing Upon Tenant Opening for Business
• Absolute Triple Net Lease with Zero Landlord Responsibilities
• 10% Rent Increases Every 5 Years
• 3 x 5 Year Options to Extend
• Outparcel to Target Anchored Shopping Center
• Features More Than 107,000+ Residents Within a 5-Mile Radius
• Average Household Income of $85,655 Within a 1-Mile Radius

 

• Long Term Absolute Triple Net Lease with 20 Years Remaining
• This Location will be Undergoing a Remodel Soon to the New Burger King Prototype
• Property Built in 1986 – Long Term Occupancy as a Burger King in Infill Denver Suburb
• Tenant Pays 7% of Gross Sales Above the Base Rent and 1% Annual Rent Increase Once Rent Exceeds $105,000
• Hard Corner with Full Turn Access
• Strong and Proven Franchisee with Over 10 Stores in Colorado
• Four (4) x Five (5) Year Options to Extend
• Competitive Lease Rate at $2.13/SF Per Month
• 120th Street is a Major East/West Corridor Connecting Hwy 25 and the Denver/Boulder Turnpike with Over 30,000 VPD
• The NEC of 120th and Main Street is the 61-Acre Master Planned Mixed Use Project and the Hub of Broomfield

 

• Corporately Guaranteed Lease By AutoZone, Inc (S&P Rating-BBB)
• 8 Years Remaining on a Rare Initial 20 Year Corporate AutoZone Lease
• 10% Rent Increase Scheduled For October 2020
• Excellent Visibility – Located Directly Off Interstate 15 With Over 113,000 Vehicles Per Day
• Ogden – Clearfield MSA Named To Forbes ‘Top 15 Fastest Growing Cities of 2017’ and is Also Ranked Among Their ‘Most Livable’ Cities in the US
• Situated On A Hard Signalized Corner Across the Street From Clearfield High School (1700 Students), South Davis Elementary (550 Students), and North Davis Junior High School (1024 Students) Which Have A Collective Enrollment of 3,274 Students
• Located Four Miles From Hill Air Force Base, Which Occupies 1,000,000 Acres and Employs More Than 21,000 Personnel

In Cooperation with JDS Real Estate Services, Inc. BoR: Jennifer D. Stein – Lic. # 8485414-PB00

 

• 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

 

• Three Tenant Retail Center – Located in the Inland Empire Area of Redlands, One of the Highest Projected Housing and Job Growth Areas of Southern California
• Long Term Occupancy History – Two of the Three Tenants Have Occupied the Property for Over 10 Years Proving Their Long Term Commitment to a New Investor
• National and Regional Tenant Mix – T-Mobile, The Wok Experience, and Silver Spoon Collectively Occupy 100% of the GLA of the Center
• Low Rents Creating Long Term Value for Growth – Current In-Place Rents Average Only $2.05 PSF / MO, Which is Roughly 10% Below the Estimated Market Rent
• Significant Growing Income Stream – Two of the Three Tenants Call for 3% Annual Rent Increases, with the Other Tenant Calling for a Minimum of 5% Increase (Based on CPI) Every 2.5 Years
• Strategically Located 0.5 Miles South of Interstate 10, the Subject Property is 61 Miles East of Downtown Los Angeles and 46 miles Northwest of Palm Springs

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Sands Investment Group is pleased to present this fast food Absolute NNN property located in Porterville, California.

• Absolute Triple Net (NNN) Long Term Lease in Place
• 2% Annual Increases
• Excellent Traffic Counts of Over 31,391 at the Corner of W Henderson Ave and N Prospect St
• Established Location on W Henderson Avenue, Which is Porterville’s Most Traveled Retail Corridor
• Outparcel to Walmart, Food 4 Less and OfficeMax Anchored Stores
• Situated in Strong Retail Corridor with Neighboring Tenants Such As: Kohl’s, Target, Marshall’s, Dollar Tree, Big 5 Sporting Goods, PetSmart, CVS Pharmacy, Starbuck’s, McDonald’s, Subway, Denny’s, Taco Bell, Burger King and Jack in the Box
• Located on the Same Block as Monache High School with Enrollment of Over 1,800 Students
• Porterville Has a Population in Excess of 63,000 Residents and the City Serves as a Gateway to Mountain and Recreation Areas of the Sequoia and Kings Canyon National Parks

In Cooperation with: Sands Investment Group, Inc – CA Lic. # 01768950

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Read additional thought leadership content from SIG, specializing in absolute triple net lease opportunities

 

HIGHLY STABLE NET LEASE INVESTMENT

• New 10 Year Net Leases to a National and a Regional Tenant
• Both With 10% Rental Increases Every 5 Years
• Brand New 2017 Construction

WITHIN A STRONG RETAIL CORRIDOR

• Site is an Outparcel to the Marketplace at El Paseo, a 650,000 Square Foot Retail Power Center Anchored by Target, Burlington, Marshalls, Ross and Old Navy
• Other National Major Retailers Include Ulta Beauty, Kirkland’s, Petco, Tesla, Jersey Mike’s, McDonald’s and Many More

CENTRALIZED LOCATION

• With Excellent Visibility and Freeway Access to Highway 99 with Over 67,000 Vehicles Per Day

RAPIDLY GROWING AREA

• Across From a Proposed 330-Unit Apartment Complex Development and a 134-Unit Residential Development
• Over 500-Units Being Built Within a 1-Mile Radius with Over 405 Lots Planned and Additional Residential Units Proposed

STRONG DEMOGRAPHICS

• Features More Than 107,000+ Residents Within a 5 Mile Radius
• Average Household Income of $87,287 Within a 1-Mile Radius

NUMEROUS SCHOOLS WITHIN A 1-MILE RADIUS

• River Bluff Elementary School (872 Students)
• Rio Vista Middle School (833 Students)
• Saroyan Elementary School (730 Students)
• Norman Liddell Elementary School (700 Students)
• While CSU Fresno (24,000+ Students) and Fresno City College (25,000 Students) are Located 10 Miles From the Subject Property

 

• True Triple Net Leases with Minimal Landlord Responsibilities
• Value-Add Opportunity Via Lease-Up of Available 4,068 SF Space
• 58% Leased by DaVita (Total Renal Care, Inc.) – Guaranteed by Renal Treatment Centers-California, Inc.
• DaVita Healthcare – 7 Years Remaining with 2% Annual Bumps and Two (2) x Five (5) Year Renewal Options
• DaVita Has Been at This Location Since 2004
• Arthur Evangelista (Evangelista Law Office – Immigration Attorney) – 8 Years Remaining with 3% Annual Bumps and One (1) x Five (5) Year Renewal Option
• Adjacent to the US Citizenship and Immigration Services Field Office
• Immediate Access to I-10 with Over 200,000 VPD and the I-215 with Over 196,000 VPD
• Strong Demographics with a Population of Over 270,00 Within a 5-Mile Radius
• Customer Friendly with Ample Parking
• Located with in the Tri City Corporate Center with Excellent Proximity to Restaurants, Hotels, and Shopping

 

• New 20 Year Absolute Triple Net (NNN) Ground Lease
• Eight (5) Year Renewal Options
• 9% Rent Increase Every 5 Years
• Brand New Construction
• 1 of 4 Bank of America’s Currently Under Construction in Denver – Will be Second to Open in Denver Market with New Prototype
• Population Over 300,000 Within a 5-Mile Radius
• Dense Retail Corridor with Strong Traffic Counts – Over 95,000 VPD
• Across the Street from Denver’s Newest Shopping Destination “The Streets at SouthGlenn”, the Newly Re-Developed Mall Provides the Surrounding Community With an Array of Shopping, Dining, Living and Work Experiences
• Select Neighboring Tenants Include: Whole Foods Market, Chick-fil-A, Best Buy, Z Gallerie, Sears, Macy’s, Chase Bank, Regal Cinemas and Much More

CONTACT:  Max Freedman | CO Lic. 100070604 | 303.536.1143 | colorado@SIGnnn.com

 

• Corporate Guarantee by Mattress Firm, a Subsidiary of Steinhoff International Holdings N.V. – Moody’s Rating of Baa3 Long-Term and aa3.za National Scale Issuer Rating
• Tenant and Its Affiliate Have Been Successfully Operating at This Location Since 2005
• High Barrier of Entry on Northern California Coast in Santa Cruz County
• Highly Desirable Location on a Signalized Corner Across From The Capitola Mall
• Excellent Demographics – Extremely Dense Population of Over 126,000 Residents with an Average Household Income of $93,000 Within a 5-Mile Radius
• Mattress Firm Acquired Sleep Train in 2014 Making it the Largest Coast To Coast Mattress Retailer in The United States
• In September 2016, Steinhoff International Holdings N.V. Completed it’s Acquisition of Mattress Firm and Mattress Firm/Sleep Train Are Now a Subsidiary of Steinhoff
• Steinhoff Reported Revenue and Operating Profit for the 12 Months Ended June 20, 2016 of $14.5 Billion and $1.6 Billion Respectively

 

• Brand New Recently Renovated Long Term Sale Lease-Back
• 2% Annual Increases
• Experienced Operator with Multiple Units
• Surrounded by National Retailers Such as Taco Bell, KFC, Walgreens, AT&T, Buffalo Wild Wings, Dollar General, Chevron, Arby’s, Denny’s, Ross, Family Dollar, Walmart, Lowe’s, Big 5, Carlsbad Mall, Wells Fargo, McDonald’s, Northgate Shopping Center and Numerous Hotels
• Sustainable Rent Based on Business Performance
• Below 4.25%, Carlsbad has the Lowest Unemployment Rate in New Mexico
• Carlsbad is a Hot Tourist Destination with Over 500,000 Annual Visitors
• Above Average Household Income – Over $72,000 Within a 1-Mile Radius

In Cooperation with JDS Real Estate Services, Inc. Lic # 8838