Archive for: CA

 

• 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

 

• 100% Occupied – 4 Tenant Office Industrial Building
• Annual Rent Increases of All Four Leases
• All Tenants Pay 4% Management Fee
• Ample Parking (2.5 to 1000 Ratio)
• Property is Equipped with 80% Drop Ceilings, Plug-N-Play with Phone System, Kitchen in Space, Lab Conference & Storage Space, One Dock and Grade Level Door
• Excellent Access to I-680 (164,000+ VPD) and I-880 (177,000+ VPD)
• Located Within Close Proximity to Retail and Restaurant Corridors
• Signalized Intersection with Excellent Front Street Exposure with Strong Traffic Counts – N. Milpitas Blvd. & E. Calaveras Blvd. 84,000+ VPD
• Milpitas Ranks First in the United States with the Largest Percent of Residents Employed in the Computer and Electronics Industry
• Daytime Population of Milpitas Increases by 20% due to Large Work Population. Milpitas is Home to Adaptec, Linear Technology, Cisco Systems, Phoenix Technologies, Among Others
• 1 Mile from the Great Mall – Home Depot, Dave & Busters, Outback, Olive Garden and BevMo!

 

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

 

• 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

 

• Absolute NNN Lease with Zero Landlord Responsibilities
• ~8 Years Remaining on Lease
• 2 x 5 Year Renewal Options
• Annual 3% Rental Increases
• Tenant Pays Management Fee
• Strong Visibility From El Camino Real and Along Dense Retail Corridor Located Off Highway 85 with High Traffic Counts of Over 128,000 VPD
• Near Interstate 280 and Highway 101
• Less Than 1 Mile From Sutter Health Palo Alto Medical Center
• Located 2 Miles From Google’s Quad Campus and 4 Miles from Googleplex, the Corporate Headquarters for Google, Inc.
• Strong Demographics: $120K Median Household Income Within a 3 Mile Radius

 

• Corporate Guaranteed Lease by Panera Bread, LLC (NYSE:PNRA)
• Brand New 2016 Construction with Drive-Thru
• Long Term 15 Year Lease Commencing Upon Opening for Business
• Absolute Triple Net Fee Simple Lease with Zero Landlord Responsibilities
• 10% Rent Increases Every 5 Years
• Three (3) x Five (5) Year Options to Extend
• Out-Parcel to Shopping Center in a Major Commercial Retail Thoroughfare
• Over 14,000 Vehicles Per Day Along Madison Ave. & Over 260,000 VPD Along I-15

 

• 23,758 SF Building Located in the Heart of Silicon Valley
• 64% (15,124 SF) Leased by Ponca Dialysis, LLC and Total Renal Care, Inc. – Guaranteed by DaVita Healthcare Partners, Inc.
• 36% (8,634 SF) Leased by Hockey Giant – Guaranteed by Sports Giant, LLC.
• DaVita Healthcare Partners, Inc. – 12 Years Remaining on Lease, 3% Annual Bumps and (3) Five Year Renewal Options
• Hockey Giant – 2 Years Remaining on Lease, 15% Rental Increase at Option and (1) Five Year Renewal Option
• Triple Net Lease with Minimal Landlord Responsibilities
• Strong Visibility from Tully Road with High Traffic Counts and Ideal Demographics – over 74,000 VPD
• Less than ½ Mile West of the 101 Freeway – over 259,000 VPD
• Located Between the San Jose Sharks Training Center (2 Miles) and SAP Center (5 Miles)

 

• Freestanding Triple Net (NNN)
• Initial Lease Terms Through February 2021
• Operating Since 2001
• Growing Deposits with $38 Million as of 2015
• Deposits Have Grown 78% in the Last 5 Years
• This Location is the Top Performing “Deposits In” Since 2010 in Sonoma County for Bank of Marin
• High Barrier of Entry
• 87,000 Cars Per Day on Route 101 Just North of the Property, and 31,149 CPD on Lakeville Hwy

 

• Brand New Dollar General Construction Opened Q3 2015
• Absolute Long Term NNN Lease
• Four (4) 5 Year Options
• 10% Increase Every 5th Year Beginning Year 16
• Largest US Retailer with 11,900+ Stores in 40 States
• Investment Grade Credit Rating with $19 Billion In Annual Sales
• Approximately 9,026 SF Building On +/- 76,230 SF Lot

 

• Brand New Dollar General Construction Opened Q1 2015
• Absolute Long Term NNN Lease
• Four (4) 5 Year Options
• 10% Increase Every 5th Year Beginning Year 16
• Largest US Retailer with 11,900+ Stores in 40 States
• Investment Grade Credit Rating with $19 Billion In Annual Sales
• Approximately 9,100 SF Building On +/- 83,630 SF Lot

 

• Absolute NNN Lease with Annual CPI Increases
• Next Rental Increase in March 2016
• Store is Operated by Pennant Foods, a 96 Unit Wendy’s Operator in CA and TN
• Infill Los Angeles Location
• High Traffic Counts Along De Soto Avenue
• Ideal Demographics for Fast Food Restaurant
• High Barriers to Entry

 

• Recently renovated two-tenant property
  • $600,000+ in renovations
  • New electrical throughout building
  • Roof in excellent condition
• Long term leases
  • 8.5 years remaining on Dollar Tree lease
  • Coin Laundry tenant signed new 18 year lease
• $4,800/year additional rent from signage (not included in capitalization)
• Both tenants have attractive rental increases and option terms
• Minimal landlord responsibilities
• Convenient freeway access – Located less than one mile from the 10 freeway and 2.5 miles from the 110 and 101 freeways
• Extremely dense area – Over 600,000 people within 3 miles and over 1,200,000 people within 5 miles
• Nearby retailers include: Food 4 Less, CVS, McDonald’s, Starbucks, and more

 

• One of a Kind Owner User Opportunity. First Time Available in 35 Years
• Only Drive-Thru Free Standing Restaurant Building Located on Wilshire Blvd. in Santa Monica – Drive Thru is a Grandfathered Right
• Immediate Investor Opportunity to Renew Existing Lease or Re-Tenant the Property
• Trophy Wilshire Corridor Location, Located Directly Accross the Street from Douglas Park
• High Income Demographics – Median Household Income is Approximately $75,337 within 3-Mile Radius
• Extremely Dense Area – 240,686 People within a 3-Mile Radius
• Owner Willing to Master Lease the Property to Current Market Rents, Subject to Offer Price

 

• Trophy South Bay Location at the Signalized Corner of Hawthorne Blvd. and Lomita Blvd. (One of the Most Dominant Intersections in the Trade Area)
• Pride of Ownership – New Construction in 2013
• 8 Years Remaining on Each Long-Term Lease
•  Strong Rental Increases Every 5 Years
• Two Option Terms Remain
• Additional Future Upside Potential through Percentage Rent
• Extremely Dense Location – Over 190,000 People within 3 Miles
• High Average Household Incomes – Over $101,000 within 3 Miles
• High Traffic Counts on Dominant Retail Corridor – Over 95,000 VPD on Hawthorne Blvd. at Lomita Blvd.

 

• Trophy South Bay Location at the Signalized Corner of Hawthorne Blvd. & Lomita Blvd. (One of the Most Dominant Intersections in the Area)
• Pride of Ownership – New Construction in 2013
• 18 Years Remaining on Long Term Lease
• Strong Rental Increases Every 5 Years
• Three Option Terms Remain
• Absolute Net Lease – Zero Landlord Responsibilities
• Extremely Dense Location – Over 190,000 People within 3 Miles
• High Average Household Incomes – Over $101,000 within 3 Miles
• High Traffic Counts on Dominant Retail Corridor – Over 95,000 VPD on Hawthorne Blvd. at Lomita Blvd.

 

• Assuming Financing Priced at $21,000,000 – 5.96% CAP
• NNN Lease – Minimal Landlord Responsibilities
• 11 Years Remaining on Long-Term Lease
• 6 Options to Extend Remain
• 5% Rental Increases in 2017 and at Options
• Trophy Orange County Location at the Signalized Corner of Beach Blvd and Katella Ave
• Excellent Location with Over 280,000 People within 3 Miles and Average Household Income Over $70,000
• Located on Dominant Retail Corridor – Over 92,000 VPD on Beach Blvd and Katella Ave