|
Status: |
SOLD |
Closing Date: |
12/15/15 |
Asking Price: |
$1,074,500 |
Cap Rate: |
6.75% |
Lease Term: |
15± Years |
Guarantor: |
Corporate |
S&P Rating: |
BBB |
LL Responsible: |
None |
|
|
NNN AutoZone
Ground Lease
Clearwater, FL
Brand new 15 year absolute NNN AutoZone ground lease with
rent bumps (7% increase in Year 6; 10% increases in Options).
The property occupies an exceptional location in the city
of Clearwater, FL, roughly twenty miles west of the city
of Tampa. Heavily Traveled Area: 52,000+ VPD.
|
Status: |
SOLD |
Closing Date: |
12/7/15 |
Asking Price: |
$1,550,000 |
Cap Rate: |
5.07% |
Lease Term: |
15± Years |
S&P Rating: |
BBB |
LL Responsible: |
None |
|
|
NNN Arby's
Corporate
Clearwater, FL - A+ Location
Longstanding top Arby's located on an extremely busy 8-lane
road with excellent visibility on the prime US Hwy 19 (83,000
VPD) commercial corridor just south of the Curlew Road intersection
(118,000± VPD at intersection). Above average Sales.
There are 4.2 years remaining on the Lease with 2 x 5 year
options.
|
Status: |
SOLD |
Closing Date: |
11/18/15 |
Price: |
$1,395,000 |
Cap Rate: |
5.16% |
Lease Term: |
4.2± Years |
Guarantor: |
Corporate |
LL Responsible: |
None |
|
|
|
Status: |
SOLD |
Closing Date: |
10/16/15 |
Price: |
$3,073,100 |
Cap Rate: |
4.0% |
Lease Term: |
10± Years |
Guarantor: |
Corporate |
S&P Rating: |
A |
LL Responsible: |
None |
|
|
|
Status: |
SOLD |
Closing Date: |
10/16/15 |
Price: |
$3,230,000 |
Cap Rate: |
4.0% |
Lease Term: |
10± Years |
Guarantor: |
Corporate |
S&P Rating: |
A |
LL Responsible: |
None |
|
|
A+ Downtown West
Palm Beach, FL Location(Rare Urban Infill South FL)
Absolute NNN Chase Bank Ground Lease in downtown West Palm
Beach, FL (Irreplaceable Location in the heart of downtown
WPB). There are 18.6± years remaining on the Lease
with 10% bumps every 5-yrs.
|
Status: |
SOLD |
Closing Date: |
10/2/15 |
Sales Price: |
$6,375,000 |
Cap Rate: |
4.0% |
Lease Term: |
18.5± Years |
Guarantor: |
Corporate |
LL Responsible: |
None |
|
|
|
Status: |
SOLD |
Closing Dtate: |
10/1/15 |
Sales Price: |
$14,928,000 |
Cap Rate: |
6.35% |
Lease Term: |
10± Years |
Guarantor: |
Corporate |
S&P Rating: |
BBB |
|
|
Coral Springs
(Ft. Laderdale) A+ Location
Recently extended 10 year absolute NNN PetsMart located
in Coral Springs (Ft. Lauderdale), FL for $6,177,000 / 6%
CAP with rent bumps. It's located near Target, WalMart,
Home Depot, Lowe's, Seminole Coconut Creek Casino, Best
Buy, Mercedes Benz of Cocunut Creek, and much more.
|
Status: |
SOLD |
Closing Date: |
9/1/15 |
Sales Price: |
$6,000,000 |
Cap Rate: |
6.18% |
Lease Term: |
10.8± Years |
Guarantor: |
Corporate |
LL Responsible: |
None |
|
|
|
Status: |
SOLD |
Closing Date: |
7/21/15 |
Sales Price: |
$5,000,000 |
Lease Term: |
15± Years |
Guarantor: |
Corporate |
S&P Rating: |
AA- |
Year Built: |
2015 |
|
|
NNN Family
Dollar
Munford, TN
Brand new 15 year absolute NNN Family Dollar corporate with
a 10% rent increase in year 11 and in each 6 x 5 year options.
Relocation store, Family Dollar has had a presence in this
area for several years and chose to relocate here due to
the superior location.
|
Status: |
SOLD |
Closing Date: |
6/9/15 |
Sales Price: |
$1,520,000 |
Cap Rate: |
6.67% |
Lease Term: |
15± Years |
Guarantor: |
Corporate |
S&P Rating: |
BBB- |
LL Responsible: |
None |
|
|
NNN BBVA
Compass Bank Ground Lease
Spring (Houston), TX
NNN BBVA Compass Bank ground lease located in Houston, TX
with 18 yrs left and 10% bumps every 5 yrs. Densely populated
sub-market directly across from a Home Depot and on the
hard corner signalized. BBVA is paying rent, however the
building is not built yet. BBVA operates over 708 branches
and employs over 11,228 people.
|
Status: |
SOLD |
Closing Date: |
5/11/15 |
Sales Price: |
$4,324,000 |
Cap Rate: |
5.0% |
Lease Term: |
18± Years |
Guarantor: |
Corporate |
S&P Rating: |
BBB- |
LL Responsible: |
None |
|
|
NNN CVS
pharmacy
Laredo, TX - Low Price Point
Brand new NNN CVS located in Laredo, TX. The store is newly
constructed and opened for business in October 2014. The
property has a 25-year triple-net lease in place with no
landlord responsibilities and no rent holiday. CVS (NYSE:
CVS) is a publicly traded company, Ranking #13 in FORTUNE
500, S&P Rated BBB+.
|
Status: |
SOLD |
Closing Date: |
5/7/15 |
Sales Price: |
$4,510,000 |
Cap Rate: |
5.25% |
Lease Term: |
25 Years |
Symbol: |
CVS |
Guarantor: |
Corporate |
|
|
NNN Bank Of America
Sarasota, FL
A+ Sarasota location. BofA just executed a new 15 year Lease
extension with RARE 3% annual rent bumps. Sale includes
both building & Land (not a ground lease) - owner benefits
from depreciation. Parcel has been a bank location for over
80 years. This is the 3rd highest Deposit Level for BofA
in Sarasota County ($130M+).
|
Status: |
SOLD |
Closing Date: |
4/16/15 |
Sales Price: |
$5,950,000 |
CAP Rate: |
4.20% |
Lease Term: |
15± Years |
Rent Bumps: |
3% Annual |
S&P Rating: |
A- |
|
|
NNN AutoZone
CorporatE Ground Lease
Cathedral City (Palm Springs), CA
Established NNN AutoZone Ground Lease. Showing its commitment
to this location, AutoZone has recently extended the Lease
for a new 15 year Term. AutoZone, Inc. is the nation's 2nd
leading retailer of automotive parts and accessories, with
over 5,200 stores in the U.S., Puerto Rico, Mexico &
Brazil. S&P Rated BBB qualifying as Investment Grade.
$5.6 Billion in sales!
|
Status: |
SOLD |
Closing Date: |
3/30/15 |
Asking Price: |
$1,905,000 |
Cap Rate: |
5.0% |
Lease Term: |
15 Years |
Guarantor: |
Corporate |
LL Responsible: |
None |
|
|
NNN PDQ
Corporate
Riverview (Tampa), FL
Brand new 20 year absolute NNN PDQ located in Riverview,
FL with 10% rent increase every 5-years. Absolute NNN Lease
with zero Landlord responsibilities. A+ hard signalized
corner nex to Sam's Club, Publix. Walmart Market, Walgreens
and adjacent to New $237 Million Hospital.
|
Status: |
SOLD |
Closing Date: |
3/11/15 |
Asking Price: |
$2,957,731 |
CAP Rate: |
6.09% |
Lease Term: |
20± Years |
Rent Bumps: |
10% Every 5 |
Guarantor: |
Corporate |
|
|
NNN BBVA Compass Bank
Ground Lease
Huntsville, AL
New 20 year absolute NNN BBVA Compass Bank ground lease
with 17.5± years remaining and 10% rent increases
every 5-years. Outparcel to a newly developed Kroger center.
47,400 vehicles per day on US Hwy 72. BBVA is paying rent,
however the building is not built yet. BBVA operates over
708 branches and employs over 11,228 people.
|
Status: |
SOLD |
Closing Date: |
3/10/15 |
Asking Price: |
$1,360,000 |
Cap Rate: |
5.86% |
Lease Term: |
17.5± Years |
S&P Rating: |
BBB- |
LL Responsible: |
None |
|
|
NNN Walmart Neighborhood
market
Riverview (Tampa), FL - Low Price/Rent
Brand new 41,405 SF NNN Wal-Mart Neighborhood Market Ground
Lease located in Riverview, FL. Wal-Mart has a brand new
20 year NNN ground lease. Just off I-75 in the dominant
retail trade area, situated on 5.4 acres in front of a Sam's
Club and across from a Publix, Walgreens, and next to future
$237 million St. Joseph’s Hospital South
|
Status: |
SOLD |
Closing Date: |
3/6/15 |
Asking Price: |
$3,935,000 |
CAP Rate: |
4.70% |
Years on Lease: |
20 Years |
Rent Increases: |
In Options |
Guarantor: |
Corporate |
|
|
NNN CVS
pharmacy
Buda (Austin), TX
NNN corporate CVS located in Buda (Austin MSA), Texas. Brand
new 25-year absolute NNN ground lease with 10%± increases
at the beginning of each option. CVS Caremark (NYSE: CVS)
is a publicly traded company, Ranking #13 in FORTUNE 500,
S&P Rated BBB+ with 2013 revenues of $126.76 billion,
2013 net income of $4.59 billion, 2013 assets of $71.53
billion and 2013 equity of $37.94 billion.
|
Status: |
SOLD |
Closing Date: |
3/5/15 |
Sales Price: |
$2,835,052 |
Cap Rate: |
4.85% |
Lease Term: |
25 Years |
Symbol: |
CVS |
Guarantor: |
Corporate |
|
|
900 FL-436 Casselberry (Orlando), FL
NNN Corporate Buffalo Wild Wings located in Casselberry
(Orlando MSA), FL. There 9.5+ yrs. left on the corporate
lease and 10% increases every 5 years. This major signalized
intersection is one of the busiest in Orlando (80,000 VPD)
and is located minutes from the I-4 and 417 highways, 15
minutes from Downtown Orlando.
|
Status: |
SOLD |
Closing Date: |
2/20/15 |
Asking Price: |
$2,250,000 |
CAP Rate: |
6.11% |
Years on Lease: |
9.5± Years |
Rent Increases: |
10% Every 5 |
Guarantor: |
Corporate |
|
|
11440 Dallas North Tollway Frisco, TX
Brand new 20 year absolute NNN Pollo Tropical located in
Frisco (Dallas), TX with 10% rent bumps every 5-years. Highly
Affluent Location - Average HH Income exceeds $145,000.
Located in front of a Costco, Home Depot, Super Target,
Market Street, Bank of America, Chase Bank. Pollo Tropical
has 6 locations in the D/FW area and over 150 total units.
|
Status: |
SOLD |
Closing Date: |
2/19/15 |
Sales Price: |
$2,250,000 |
CAP Rate: |
5.00% |
Years on Lease: |
20± Years |
Rent Increases: |
10% Every 5 |
Guarantor: |
Corporate |
|
|
NNN 7-Eleven
Corporate
8343 George Washington Memorial Hwy Gloucester
Courthouse, VA
Established NNN 7-Eleven in Gloucester, VA with very storng
sales! 7-Eleven has been at this location for over 20 years
and recently signed a new 15 year absolute net lease - approx
9.5 yrs remain with 11% rent increases every 5-years with
3 x 5 year options to renew with CPI Increases each option.
The initial lease term expires 12/31/2023.
|
Status: |
SOLD |
Closing Date: |
2/18/15 |
SALES Price: |
$960,000 |
CAP: |
5.24% |
Years on Lease: |
9.5± Years |
Rent Increases: |
11% Every 5 |
S&P Rating: |
AA- |
|
|
9710 Bissonnet Street,
Houston, TX
Newer Absolute NNN Bank of America Ground Lease located
in Houston, TX. There are 15± years remaining on
the Lease with 10% bumps every 5-years. Total population
within 1-mile is 30,000+. (NYSE: BAC | S&P: A/Stable),
BAC is the 21 largest company in the US by total revenue.
It acquired Merrill Lynch and Countrywide Financial in 2008.
BAC operates 5,151 banking centers and 16,259 ATMs. |
Status: |
SOLD |
Closing Date |
2/4/15 |
Sales Price: |
$2,090,000 |
CAP Rate: |
5.0% |
Years on Lease: |
15± Years |
Rent Increases: |
10% Every 5 |
Guarantor: |
Corporate |
|
|
2365 25th St. N.
St. Petersburg, FL
Brand New 20 Year Absolute NNN WaWa located in St. Petersburg,
FL. Located on a heavily trafficked 25th St. at a hard signalized
intersection in front of a Lowe's and across from Home Depot,
a few blocks from Hwy 275. WaWa is the largest privately
held convenient store operator in the US with over 520 locations
and is ranked #47 in Forbes list of top privately held companies.
|
Status: |
SOLD |
Closing Date |
2/2/15 |
Sales Price: |
$4,079,200 |
CAP Rate: |
5.05% |
Building Size: |
5,500± SF |
Years on Lease: |
20± Years |
Guarantor: |
Corporate |
|
|
Chicago, IL
Urban In-fill NNN shopping center located on Chicago’s
Northwest side. Solid mix of national tenants with long
term leases, including: Chase Bank, Starbucks, T-Mobile,
Petco and Sleepy’s. Chase is located in a free-standing
building along Pulaski Avenue with a lease running until
2027. Dense Infill Locatoin - More than 420,000 people in
a 3-mile radius, 1.1M+ within 5-mile radius. |
Status: |
SOLD |
Closing Date |
1/23/15 |
Sales Price: |
15,300,000 |
CAP RAteI: |
5.95% |
Building size: |
32,962 SF |
# of Tenants: |
8 |
Year Built: |
2008 |
|
|