Summerville
(Charleston), SC
Just Sold, a new absolute NNN 25 year CVS Pharmacy Ground
Lease w/10% rent bumps in options. Zero landlord obligations.
Very low price point for pharmacy and low rent per SF. Situated
on 1.9 acres at a hard signalized corner across from a Publix.
|
Status: |
SOLD |
Closing Date: |
12/30/10 |
Asking Price: |
$1,400,000 |
Building Size: |
11,946± SF |
Lot Size: |
1.90± Acres |
Year Built: |
2007 |
Symbol: |
CVS |
|
|
Pembroke Pines
(Miami), Florida
Corporate Taco Bell/ Pizza Hut Ground Lease. Low Rent to
Sales - Only 3.7%! A++ South Florida Location, outparcel
to Lowe's/Publix, over 100k VPD at Intersection. Yum! Brands,
Inc. is the world's largest restaurant company with more
than 33,000 restaurants. Investment grade S&P: BBB-.
|
Status: |
SOLD |
Closing Date: |
12/30/10 |
Sales Price: |
$900,000 |
Lease Term: |
3.7± Years |
Symbol: |
YUM |
Guarantor: |
Corporate |
LL Responsible: |
None |
|
|
Deerfield
Beach (Ft. Lauderdale), FL
Rare South Florida Beach Location. Corporate absolute NNN
lease with rent increases. Very strong store sales. 7-Eleven
is S&P Rated AA-. |
Status: |
SOLD |
Price: |
$1,200,000 |
NOI: |
$76,800 |
Cap Rate: |
6.4% |
Building Size: |
2,400± SF |
Primary Type: |
Free Standing |
|
|
San Antonio,
TX
Brand New "Off Market" AutoZone with a rare 20
year absolute NNN fee simple build-to-suit lease (building
& ground) with 10% increases every 5 years. AutoZone
is the nation's leading retailer of automotive parts and
accessories, with over 3,600 stores. S&P Rated BBB qualifying
as Investment Grade. |
Status: |
SOLD |
Closing Date: |
11/5/10 |
Sales Price: |
$1,832,000 |
CAP Rate: |
6.50% |
Lease Term: |
20 Years |
Guarantor: |
Corporate |
S&P Rating: |
BBB |
LL Responsible:: |
None |
|
|
Kingsport,
TN
Brand new NN Dollar General in Kingsport, TN with a corporate
15-year NN lease. Recession proof tenant. |
Status: |
SOLD |
Closing Date: |
10/29/10 |
Price: |
$1,137,163 |
Cap Rate: |
8.25% |
Year Built: |
2009 |
Primary Type: |
Free Standing |
|
|
Santa Cruz,
CA
Rare Northern California Real Estate. Corporate absolute
NNN lease with rent increases. 7-Eleven is an investment
grade tenant, S&P Rated AA-. Very high store sales.
|
Status: |
SOLD |
Closing Date: |
10/15/10 |
Price: |
$1,025,000 |
NOI: |
$57,010 |
Cap Rate: |
5.56% |
Building Size: |
2140± SF |
Primary Type: |
Free Standing |
|
|
Fairfield,
CT
Rare CT Beach Location. Corporate absolute NNN lease with
rent increases. 7-Eleven is an investment grade tenant,
S&P Rated AA-. |
Status: |
SOLD |
Closing Date: |
10/15/10 |
Price: |
$965,000 |
NOI: |
$58,176 |
Cap Rate: |
6% |
Building Size: |
2,400± SF |
Primary Type: |
Free Standing |
|
|
Vero Beach,
FL
Rare Beach location with gas! Strong store sales and A+
location. Corporate absolute NNN lease with 13% rent increases
every 5 years. 7-Eleven is an investment grade tenant, S&P
Rated AA-. |
Status: |
SOLD |
Closing Date: |
10/15/10 |
Price: |
$850,000 |
NOI: |
$49,560 |
Cap Rate: |
5.8% |
Building Size: |
2,400± SF |
Primary Type: |
Gas Station |
|
|
Allentown,
PA
Brand New AutoZone with a 15 year absolute NNN fee ground
lease and 10% increases every 5 years. AutoZone is the nation's
leading retailer of automotive parts and accessories, with
over 3,600 stores. S&P Rated BBB qualifying as Investment
Grade. |
Status: |
SOLD |
Closing Date: |
9/30/2010 |
Price: |
$963,000 |
Lease Term: |
15 Years |
Guarantor: |
Corporate |
S&P Rating: |
BBB |
LL Responsible:: |
None |
|
|
Austin, TX
Absolute NNN 20 yr Logan's Roadhouse ground lease located
in Cedar Park, TX (an upscale suburb of Austin, TX) with
10% rent increases every 5-years. Out parcel to the 850,000
SF Cedar Park Shopping Center. Over 139,000 people within
a 5-mile radius with an avg HH income in excess of $85,000.
|
Status: |
SOLD |
Closing Date: |
9/29/2010 |
Price: |
$1,660,000 |
CAP: |
6.75% |
Lease Term: |
20 Years |
Guarantor: |
Corporate |
LL Responsible:: |
None |
|
|
Bradenton
(Sarasota), FL
Brand New Absolute NNN 25 Year Corporate Walgreens. Affluent
Sarasota Market, average household income of $92,535. Investment
Grade Tenant– S&P Rated: A+. Prime Location, Hard
Corner Signalized Intersection. New Construction. FLORIDA
HAS NO STATE INCOME TAX. |
Status: |
SOLD |
Closing Date: |
9/17/2010 |
Price: |
$5,128,571 |
Cap Rate: |
7.00% |
Building Size: |
14,820± SF |
Year Built: |
2010 |
Primary Type: |
Free Standing |
|
|
Norristown
(Philadelphia), PA
Absolute NNN 25 year Corporate Guaranteed CVS. CVS/Caremark
Corporation (S&P Rated BBB+). Metro Philadelphia Location;
Dense, Infill Market. 30,000+/- people within a one-mile
radius. |
Status: |
SOLD |
Closing Date: |
9/15/2010 |
Price: |
$3,600,000 |
NOI: |
$275,000 |
Cap Rate: |
7.64% |
Building Size: |
11,479± SF |
Primary Type: |
Free Standing |
|
|
Annandale,
VA (DC Metro)
Corporate absolute NNN lease with 10% rent increases every
5 years. 7-Eleven is an investment grade tenant, S&P
Rated AA-. |
Status: |
SOLD |
Closing Date: |
9/9/2010 |
Price: |
$1,200,000 |
Cap Rate: |
5.00% |
Building Size: |
2,400± SF |
Primary Type: |
Free Standing |
|
|
Lorton, VA
Corporate absolute NNN lease with rent increases. 7-Eleven
is an investment grade tenant, S&P Rated AA- |
Status: |
SOLD |
Closing Date: |
9/9/2010 |
Price: |
$820,000 |
Cap Rate: |
6.00% |
Building Size: |
2,400± SF |
Primary Type: |
Free Standing |
|
|
Spotsylvania,
VA
Corporate absolute NNN lease with rent increases. 7-Eleven
is an investment grade tenant, S&P Rated AA- |
Status: |
SOLD |
Closing Date: |
9/10/2010 |
Price: |
$700,000 |
Cap Rate: |
6.40% |
Building Size: |
2,400± SF |
Primary Type: |
Gas Station |
|
|
Atlanta, GA
Brand New Absolute NNN 25 Year Corporate Walgreens with
12x5 year options to renew. A++ Location & Phenomenal
demographics, within a 3 mile radius total population is
129,378 with an avg household income of over $100,000+.
|
Status: |
SOLD |
Closing Date: |
8/13/2010 |
Price: |
$7,685,000 |
Cap Rate: |
7.35% |
Building Size: |
14,110± SF |
Year Built: |
2010 |
Primary Type: |
Free Standing |
|
|
Gainesville,
FL
New Absolute NNN 20 year "off market" corporate
McDonald's with a 15% rent increases in year 6 and 10% every
5 years thereafter. A+ Location, outparcel to a Publix shopping
center. |
Status: |
SOLD |
Closing Date: |
7/29/2010 |
Price: |
$1,545,454 |
NOI: |
$85,000 |
Cap Rate: |
5.50% |
Year Built: |
2008 |
Primary Type: |
Free Standing |
|
|
Chester, MD
Brand New Absolute NNN 25 Year Lease. High Barriers to Entry.
Relocation Store. Average Household Income more than $100,000.
Brand New Construction. Investment Grade Tenant –
S&P Rated: A. |
Status: |
SOLD |
Closing Date: |
7/29/2010 |
Price: |
$6,800,000 |
Cap Rate: |
7.50% |
Building Size: |
14,550± SF |
Year Built: |
2010 |
Primary Type: |
Free Standing |
|
|
Port St. Lucie,
FL
New Absolute NNN 20 year corporate McDonald's with 10% rent
increases every 5 years. A+ Location, outparcel to a new
498,332 sf power center, anchored by a SuperTarget. Very
desirable South Florida Location. Florida is a No State
Income Tax State. |
Status: |
SOLD |
Closing Date: |
7/23/2010 |
Price: |
$1,600,000 |
Building Size: |
3,750± SF |
Year Built: |
2007 |
Primary Type: |
Free Standing |
|
|
Orange Park
(Jacksonville), FL
Brand new Dollar General in an excellent Florida suburban
market with a corporate 15-year, NNN lease. Recession-proof
tenant. Over 74,500 daily traffic counts. 10% rental escalations
at the execution of each option period. |
Status: |
SOLD |
Closing Date: |
7/30/2010 |
Price: |
$1,476,121 |
NOI: |
$121,780 |
Cap Rate: |
8.25% |
Year Built: |
2010 |
Primary Type: |
Free Standing |
|
|
Houston, TX
Brand New Absolute NNN Corporate Sonic Ground Lease located
in Houston, TX. Outparcel to a brand new Super Target shopping
center. Low price point. 10% rent increases every 5 years.
|
Status: |
SOLD |
Closing Date: |
7/22/2010 |
Price: |
$980,000 |
NOI: |
$70,000 |
Cap Rate: |
7.15% |
Year Built: |
2009 |
Primary Type: |
Free Standing |
|
|
Washington,
DC
A+ metro location. Absolute NNN Corporate 7-Eleven, investment
greade tenant, S&P Rated AA-. Short term remaining on
the lease and an extremely high store sales. Dense infill
location. |
Status: |
SOLD |
Price: |
$900,000 |
Building Size: |
2,400 ± SF |
Primary Type: |
Free Standing |
|
|
Triangle,
VA
Corporate absolute NNN lease with rent increases. 7-Eleven
is an investment grade tenant, S&P Rated AA-. |
Status: |
SOLD |
Price: |
$700,000 |
Building Size: |
2,400 ± SF |
Primary Type: |
Free Standing |
|
|
Elmwood Park,
NJ
A+ Location. Corporate absolute NNN lease with rent increases.
7-Eleven is an investment grade tenant, S&P Rated AA-.
|
Status: |
SOLD |
Price: |
$1,150,000 |
NOI: |
$94,537 |
Building Size: |
3,000± SF |
Primary Type: |
Free Standing |
|
|
Homestead,
FL
Absolute NNN 15 year ground lease. Zero Landlord Responsibilities!
Out Parcel to Publix Shopping Center! Carrols' Pollo Tropical®
restaurants comprise a highly successful regional chain
featuring fresh, grilled chicken. |
Status: |
SOLD |
Price: |
$785,715 |
Cap Rate: |
7.00% |
NOI: |
$55,000 |
Building Size: |
1,803 ± SF |
Year Built: |
2005 |
Primary Type: |
Free Standing |
|
|
Oregon
Absolute NNN Corporate guaranteed 20 year lease with 8%
Rent increases every 5 years. A+ Location! |
Status: |
SOLD |
Price: |
$2,298,000 |
NOI: |
$152,118 |
Cap Rate: |
6.50% |
Year Built: |
1999 |
Primary Type: |
Free Standing |
|
|
Orlando, FL
Absolute Net Leased Pep Boys Auto location. Brand new NNN
lease - 15 year term with 1.5% annual rent increases and
4 options to renew at 5 years each. 10 auto service bays
|
Status: |
SOLD |
Price: |
$3,948,622 |
NOI: |
$266,532 |
Cap Rate: |
6.75% |
Lot Size : |
1.95 Acres |
Primary Type: |
Free Standing |
|
|
West Point,
MS
Brand New Absolute NNN CVS for sale. Main & Main location
in county seat & college town. 25 yr NNN lease with
rent commencing at COE. High traffic counts - Growing population
in area. Large parcel size with 2 means ingress/egress.
|
Status: |
SOLD |
Price: |
$3,732,500 |
Building Size: |
11,945 SF |
Cap Rate: |
6.7% |
Year Built: |
2007 |
Primary Type: |
Free Standing |
|
|
Jacksonville,
FL
Rare 15 Year Absolute NNN Corporate AutoZone! 12% Rent Increase
at start of 11th lease year and then every 5 yr. Auto Zone,
Inc. is the nation's leading retailer of automotive parts
and accessories, with over 3,600 stores. S&P Rated BBB+
|
Status: |
SOLD |
Price: |
$1,692,307 |
Cap Rate: |
6.50% |
Building Size: |
6,855 ± SF |
Year Built: |
2007 |
Primary Type: |
Free Standing |
|
|
Sarasota,
FL
Absolute NNN lease with 21 +/- years remaining. A+ location!
S&P Credit rating A+. The property is an out parcel
to an established Publix Shopping Center with over 44,000
cars passing by daily. Attractive Self-liquidating 25 Year
Debt |
Status: |
SOLD |
Price: |
$4,370,370 |
Cap Rate: |
6.75% |
NOI: |
$295,000 |
Building Size: |
14,490 ± SF |
Year Built: |
2003 |
|
|
Ft. Lauderdale,
FL
NN Leases, A+ Location! This 14,457 SF CVS-anchored retail
center is located in one of the most desirable neighborhoods.
Property is at the signalized intersection of East Oakland
Park Blvd (30,500 ADT) and Bayview Drive. Other tenants
include, The UPS Store, Hair Cuttery, and Las Vegas Cuban
Cuisine. |
Status: |
SOLD |
Price: |
$3,951,140 |
Cap Rate: |
6.75% |
Building Size: |
14,457 ± SF |
Lot Size: |
.81 acres |
Year Built: |
1993 |
|
|
Statesville,
NC
Brand new facility with 20 year corporate absolute NNN lease
with publicly traded tenant in one of the fastest growing
county in North Carolina. Strategically located at crossroads
of two major interstate highways. |
Status: |
SOLD |
Price: |
$1,200,000 |
Cap Rate: |
7.0% |
Year Built: |
2008 |
Primary Type: |
Free Standing |
|
|
Maryland
Brand new, rare Absolute NNN 15-year lease with 4 - five
year options and 10% rent bumps every 5 yrs! No Landlord
Obligations! AA S&P 500 Rating. 698 stores / 38 states.
Net worth of approximately $598 million. Total Sales: $5.5B
in 2006. (Ticker Symbol: TSCO) |
Status: |
SOLD |
Price: |
$5,825,000 |
Building Size: |
+/- 20,288 SF |
Cap Rate: |
6.50% |
Year Built: |
2007 |
Primary Type: |
Free Standing |
|
|
Houston, TX
This CVS Drug Store offers free standing stores for customers
easy in and out access. There is drive-through pharmacies
for consumers conveniences. There is absolutely no landlord
responsibility. It is an ideal investment property. |
Status: |
SOLD |
Price: |
$6,990,000 |
Building Size: |
13,813 SF |
Cap Rate: |
6.80% |
Year Built: |
2003 |
Primary Type: |
Free Standing |
|
|
Ft. Myers,
FL
20 year absolute NNN lease with an experienced multi-unit
operator. This investment has 7% rental increases every
5 years and 4 five year renewal options. Anchored by Publix
Supermarket and Family Dollar Store. |
Status: |
SOLD |
Price: |
$1,400,000 |
Building Size: |
2,993 SF |
Cap Rate: |
6.95% |
NOI: |
$100,000 |
Year Built: |
2001 |
Primary Type: |
Free Standing |
|
|
Tampa , FL
Absolute NNN (no landlord obligations) 20 year lease with
options and 1.50% annual bumps!. Excellent locations and
very competitive rates! |
Status: |
SOLD |
Price: |
$2,250,000 |
Building Size: |
2,500 SF |
Cap Rate: |
7.4% |
Year Built: |
2005 |
Primary Type: |
Free Standing |
|
|
Boynton
Beach, FL
Strong Tenant mix including Quizno's Subs. Guaranteed long
term leases with high rental Increases. New Construction.
Strong anchors include: Home Depot, Staples, Lowes. Over
187,000 vehicles travel this area daily. |
Status: |
SOLD |
Price: |
$2,085,394 |
Building Size: |
5,805 SF |
Cap Rate: |
6.50% |
NOI: |
$135,551 |
Year Built: |
2005 |
Primary Type: |
Shopping Center |
|
|