|
NNN Walgreens
Dallas (Rowlett), TX | A+ Affluent Location
Just Sold - Absolute NNN Walgreens in Rowlett (Dallas), TX with 15.5 yrs remaining. Situated on a hard signalized corner in an affluent Dallas suburb next to Target, McDonald's, Wal-Mart, Home Depot, Chase and more. Established location with strong sales.
|
SOLD |
8/19/13 |
Sales Price: |
$6,060,000 |
CAP: |
5.90% |
Lease Term: |
15± Yrs |
Lease Type: |
Absolute NNN |
|
|
NNN WAWA Ground Lease
Oviedo (Orlando), FL
Just Sold / 5-Day Close! - Brand New 20 Year Absolute NNN WaWa Corporate located in Oviedo, FL with 5% bumps every 5-yrs. A+ heavily trafficked, hard signalized intersection 1-Mile from University of Central Florida! 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.
|
SOLD |
8/9/12 |
Sales Price: |
$2,916,936 |
CAP: |
5.59% |
Lease Term: |
20± Yrs |
Lease Type: |
Absolute NNN |
|
|
NNN Chase bANK Ground Lease
Downtown West Palm Beach - A++ Location
Just Sold - Pre-construction and before rent commencement. Brand New 20 year absolute NNN ground lease 10% Bumps every 5-years. Rare A++ Dense Infill downtown West Palm Beach location. JPMorgan Chase (NYSE: JPM | S&P: AA-) is one of the oldest, largest and strongest financial services firms in the world.
|
SOLD |
8/5/13 |
Sales Price: |
$5,312,000 |
CAP: |
4.80% |
Lease Term: |
20± Yrs |
Lease Type: |
Absolute NNN |
|
|
NNN rEGIONS bANK Ground Lease
Tampa, FL - Rare Low Priced Bank
Just Sold - Absolute NNN Regions Bank in Tampa, FL - $1,540,000 / 6.16% CAP with 12% bumps every 5-years. A+ Hard Signalized Corner across from Wal-Mart. Strong Demographics - more than 215,000 people with an Avg HHI exceeding $70,000 within 5-miles. Regions is S&P "BBB-".
|
SOLD |
7/19/13 |
Sales Price: |
$1,540,000 |
CAP: |
6.0% |
Lease Term: |
11± Yrs |
Lease Type: |
Absolute NNN |
|
|
NNN McDonald's Ground Lease
Winter Park, FL (Affluent Orlando Suburb)
Just Sold - Brand New 20 year Absolute NNN McDonald's located in Winter Park (Orlando), FL. 10% bumps every 5-yrs. A+ Dense Infill Location with Traffic Counts of 65,000+ VPD. Avg HHI of $91,000 within 3-miles. Relocation store and next to a new Publix, Waglreens, BofA and more.
|
SOLD |
4/5/13 |
Sales Price: |
$2,926,800 |
CAP: |
4.10% |
Lease Term: |
20± Yrs |
Lease Type: |
Absolute NNN |
|
|
NNN Suntrust Ground Lease
Sarasota, FL
Just Sold - 20 year Absolute NNN SunTurst Bank Ground Lease in Sarasota, FL. 10% Rent increases every 5-yrs - Cap Rate jumps to 6.33% in February 2015. Affluent Location - Avg HH Income $118K+ within a 1-mile radius. Outpad site to brand new Publix Shopping Center.
|
SOLD |
4/1/13 |
Sales Price: |
$3,015,000 |
CAP: |
6.04% |
Lease Term: |
17± Yrs |
Lease Type: |
Absolute NNN |
|
|
NNN CVS Pharmacy
Clermont (Orlando), FL
Just Sold - Absolute NNN CVS Pharmacy in Clermont, FL with 11± yrs remaining on the 20 yr Lease with bumps in each 4 x 5 year options. This CVS is an outparcel to a Sweetbay center and next to an AutoZone, 7-Eleven and Walgreens and only 10± miles from Disney World!
|
SOLD |
2/21/13 |
Sales Price: |
$4,050,000 |
CAP: |
7.31% |
Lease Term: |
11± Yrs |
Lease Type: |
Absolute NNN |
|
|
NNN CVS Ground Lease
Vero Beach, FL - RARE Rent Increases
Just Sold - New 25 Year Absolute NNN corporate CVS ground Lease with RARE 7.5% rent increases every 5-years. Across from Publix, Walgreens, PNC Bank and much more. Zero Landlord Obligations! (NYSE: CVS | S&P Rated BBB+). Florida is a No Income Tax State.
|
SOLD |
12/27/12 |
Sales Price: |
$4,000,000 |
CAP: |
5.82% |
Lease Term: |
23± Yrs |
Lease Type: |
Absolute NNN |
|
|
NNN PNC Ground Lease
Vero Beach, FL - RARE 30 Year Lease
Just Sold - RARE 30 Year Absolute NNN corporate PNC Bank ground Lease 27 yrs remaining and 10% rent increases every 5-years. Next to a CVS, Publix, Walgreens and much more. Zero Landlord Obligations! (NYSE: PNC | S&P Rated A-). Florida is a No Income Tax State.
|
SOLD |
12/27/12 |
Sales Price: |
$3,000,000 |
CAP: |
5.78% |
Lease Term: |
27± Yrs |
Lease Type: |
Absolute NNN |
|
|
NNN Applebee's
Kissimmee, FL
Brand New 20 Year Absolute NNN Applebee's located in Kissimmee, FL with 1% annual rent increases. Located within 12 miles of all Orlando theme parks. Below market rent to sales ratio. Excellent location, across from a Publix, Chase, Walgreens and much more. Excellent location with great access & visibility.
|
SOLD |
12/14/12 |
Sales Price: |
$2,643,430 |
CAP: |
7.20% |
Lease Term: |
20± Yrs |
Lease Type: |
Absolute NNN |
|
|
NNN WAWA Ground Lease
St. Cloud (Orlando), FL - "Off Market Deal"
Just Sold - Pre-construction and before rent commencement, with rent credit. Brand New 20 Year Absolute NNN WaWa located in St. Cloud (Orlando), FL with RARE 8% fixed rent increases every 5-years. 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.
|
SOLD |
11/16/12 |
Sales Price: |
$1,400,000 |
CAP: |
5.30% |
Lease Term: |
20± Yrs |
Lease Type: |
Absolute NNN |
|
|
Absolute NNN McDonald's Ground Lease
Kissimmee (Orlando), FL
Just Sold - Pre-construction and before rent commencement, with rent credit. Brand New 20 Year Absolute NNN corporate McDonald's with a 10% rent increases every 5-years. A+ Location, outparcel to a Wal-Mart shopping center and next to Wells Fargo, Chase Bank, Buffalo Wild Sings and much more. Florida is a No Income Tax State. McDonald's is investment grade S&P Rated: "A"
|
SOLD |
9/28/12 |
Sales Price: |
$1,992,000 |
CAP: |
4.77% |
Lease Term: |
20± Yrs |
Lease Type: |
Absolute NNN |
|
|
NNN 7-Eleven Corporate
Kissimmee (Orlando), FL
Just Sold - Brand New 15 Year NNN 7-Eleven Corporate in Kissimmee, FL. Great visibility at signalized corner on heavily trafficked tourism strip servicing Walt Disney World. Across from Sam's Club and next to Target. 7-Eleven is the World's Largest Convenience Retail Chain and Investment Grade S&P Rated AA-.
|
SOLD |
8/2/12 |
Sales Price: |
$1,917,000 |
CAP Rate: |
6.0% |
Lease Term: |
15± yrs |
Lease Type: |
NNN |
|
|
Absolute NNN Dollar General Corporate
Daytona Beach, FL
Just Sold - Brand new 15 year absolute NNN Dollar General located in Daytona Beach, FL. A+ rare location/Upscale design for a Dollar General. Located on A1A/Ocean Blvd in Daytona Beach, FL. DG is the largest discount retailer in the US with over 8,700 stores in 35 states.
|
SOLD |
4/25/12 |
Sales Price: |
$1,993,000 |
CAP Rate: |
7.35% |
Lease Term: |
15± Yrs |
Lease Type: |
Absolute NNN |
|
|
NNN AutoZone Corporate Ground Lease
Knoxville, TN - "Off Market"
Just Sold - Brand New 20 Year Absolute NNN AutoZone Corporate Ground Lease with rent increases. Zero Landlord Obligations. RARE A++ Affluent Location - Hard Signalized Corner across from Walgreens and many other Big Box Retails. Avg HHI Exceeds $95,000 within 1 & 3 Mile Radius. #1 Ranked Auto Parts Retailer in the World. AZO is Investment Grade S&P "BBB" Rated.
|
SOLD |
4/19/12 |
Sales Price: |
$1,217,392 |
CAP Rate: |
5.75% |
Lease Term: |
20± yrs |
Lease Type: |
Absolute NNN |
|
|
NNN 7-Eleven Corporate - SeaWorld Orlando, FL
Orlando, FL - "Off Market Deal"
Brand New 15 Year NNN Corporate 7-Eleven Gas Station. A+ RARE Location - directly across from SeaWorld Orlando, FL. 10% rent increases every 5-years. Situated at hard corner on 1.25 acres. 7-Eleven, Inc. in Investment Grade S&P "AA-". Florida is a No Income Tax State.
|
SOLD |
3/9/12 |
Sales Price: |
$2,975,000 |
CAP Rate: |
6.00% |
Lease Term: |
15 yrs |
Lease Type: |
NNN |
|
|
NNN Taco Bell - A+ Affluent Location
Weston (Ft. Lauderdale), FL
NNN Taco Bell in Ft. Lauderdale, FL. A+ Affluent location with 18± years remaining on a 20 year lease and 10% rent increases every 5-years. Avg HHI exceeds $100,000. Across from a Publix shopping center and next to BofA, PNC Bank on a hard signalized corner.
|
SOLD |
3/9/12 |
Sales Price: |
$1,350,000 |
CAP Rate: |
6.72% |
Lease Term: |
18 yrs |
Lease Type: |
Absolute NNN |
|
|
Absolute NNN Panera Bread
The Woodlands (Houston), TX
Rare Brand New 15-year Absolute NNN free standing Panera Bread. 10% rent increases every 5-years. A++ Location in The Woodlands - Upscale suburb of Houston. NOT a ground lease, improvements are included in the sale.
|
SOLD |
12/7/11 |
Sales Price: |
$2,558,620 |
Year Built: |
2011 |
Lease Term: |
15 yrs |
Lease Type: |
Absolute NNN |
|
|
NNN PNC Bank Ground Lease
Ft. Lauderdale (Deerfield Beach), FL
Brand new 20 year absolute NNN "Off Market" corporate ground lease with PNC Bank (S&P Rated: A). 10% rental increases every 5-years including options. A++ Rare, High traffic – High profile Southeast Florida Location. Less than 1-Mile to Beach. Zero Landlord obligations.
|
SOLD |
10/25/11 |
Sales Price: |
$3,060,000 |
CAP Rate: |
6.37% |
Lease Term: |
20 yrs |
Lease Type: |
Absolute NNN |
|
|
Absolute NNN Carl's Jr.
Beaumont (Houston), TX
Just Sold, Absolute NNN Carl's Jr. in Texas with a brand new 20 year Lease with 10% bumps every 5-years. Excellent location, outparcel to Home Depot. 12,000+ People within 1-mile radius. Hardee's Food Systems, Inc. are wholly owned subsidiaries of CKE Restaurants, Inc.
|
SOLD |
10/13/11 |
Sales Price: |
$1,516,000 |
CAP Rate: |
7.95% |
Lease Term: |
20 yrs |
Lease Type: |
Absolute NNN |
|
|
Absolute NNN 7-Eleven Corporate - Only $875,000!
San Diego (El Cajon), CA
Just Sold, Absolute NNN 7-Eleven Corporate with 9.8± years remaining on a 15 year Lease and 11% rent increases every 5 years. Very High Barriers to Entry with High Store Sales - Over $1.35M. 7-Eleven is the World's Largest Convenience Retail Chain and S&P Rated AA-.
|
SOLD |
9/14/11 |
Sales Price: |
$875,000 |
CAP Rate: |
6.03% |
Lease Term: |
9.8± Yrs |
Lease Type: |
Absolute NNN |
|
|
Absolute NNN Waglreens
Burlington, NC
Just Sold, Highly Desirable 24 Hour Location, located directly across the street from a 415,000 SF Burlington Square Mall. Subject site store sale is #1 among all the new stores within this district. 25 Year Absolute NNN Lease with Walgreens (NYSE: WAG | S&P Rated: A).
|
SOLD |
1/27/11 |
Sales Price: |
$7,300,000 |
CAP rate: |
7.465% |
Year Built: |
2008 |
Lease Type: |
Absolute NNN |
|