Triple Net Investment
Walmart For Sale
Asking Price: $39,675,000
Property Sub Type: Department Store Building Class: A Sale Type: Investment
Cap Rate: 4.50% Lot Size:54.94 AC Gloss Leasable Area: 159,311 SF Year Built: 2015 Parking Ratio: 2.5/1,000 SF
Rare Single -Tenant NNN Walmart Super Center: Long-Term, Stable Income Stream with Increases - 18 Years Remaining on New 20-year NNN Lease
-10% Scheduled Rent Increase in year 2025 -Twelve 5-Year Opt
ST. PETERSBURG, FLORIDA PRICE: $5,900,000
Price Per Foot: $50.92 SF Building Size: ± 115,857 SF Parcel Size: 14.25 Acres Building Dimensions: ± 390’ Wide x 295’ Deep Building/Site Configuration: In-Line Zoning: CCS-1, Commercial Corridor Suburban Year Built: 1990 Est. 2016 Population: 3-mile Radius....90,532 5-mile Radius..234,419 Est. 2016 Income: 3-mile Radius..$62,552 5-mile Radius..$62,197 Additional Information: • Strong submarket anchored by Tyrone Square Mall • High population density • Pylon signage and access to Tyrone Boulevard, Park Street North and 38th Avenue North • Strong traffic counts
FALL RIVER, MASSACHUSETTS ASKING PRICE: $5,800,000
Price per Foot: $42.62 Building Size: ± 136,085 SF Parcel Size: ± 13.4 Acres Building Dimensions: ± 415’ Wide x 330’ Deep Building/Site Confi guration: Freestanding Zoning: B-L, Local Business District Year Built: 2013 Est. 2016 Population: 3-mile 89,411 5-mile Radius ...123,870
Additional Information: Signalized access •Adjacent to Walmart Recent construction Contains five dock doors Ceiling height estimated 21’ - 22’
LAS VEGAS, NEVADA PRICE: $8,950,000
Price Per Foot: $50.92 SF Building Size: ± 115,857 SF Parcel Size: 14.25 Acres Building Dimensions: ± 390’ Wide x 295’ Deep Building/Site Configuration: In-Line Zoning: CCS-1, Commercial Corridor Suburban Year Built: 1990 Est. 2016 Population: 3-mile Radius....90,532 5-mile Radius..234,419 Est. 2016 Income: 3-mile Radius..$62,552 5-mile Radius..$62,197 Additional Information: • Strong submarket anchored by Tyrone Square Mall • High population density • Pylon signage and access to Tyrone Boulevard, Park Street North and 38th Avenue North • Strong traffic counts Price Per Foot: $43.38/SF Building Size: ± 206,302 SF Parcel Size: ±19.05 acres Building Dimensions: ±535’ wide x 386’ deep Year Built/Remodeled: 2000 Building/Site Confi guration: Freestanding Est. 2015 Population: 1-mile Radius .13,825 3-mile Radius.75,184 5-mile Radius .....254,383 Est. 2015 Income: 1-mile Radius ...$42,042 3-mile Radius .....$50,343 5-mile Radius .....$53,530 Additional Information: • Located in close proximity to the Nellis Air Force Base, the Cheyenne Campus of the Community College of Southern Nevada, and the Las Vegas Speedway. • Good Ingress and Egress • C2 zoning allows for a variety of uses. Industrial zoning is also possible for warehouse uses
Walmart 6.15% CAP | 195,715 SF | TELL CITY, IN
Asking Price: $5,995,000
Property Type Retail Class A Lease Type Absolute NNN
Tenant Credit Corporate Guarantee Tenancy Multi Lease Term 31.8 years Lease 04/03/1992-01/31/2024 Remaining Term 5.9 years
Square Footage 195,715 Price/Sq Ft $30.63Cap Rate 6.15% NOI $368,692
Year Built 1992 Year Renovated 2004 Lot Size (acres) 11.12 Parking (spaces) 892 Lease Options7 x 5 Years
Walmart Neighborhood Market for Sale 4.15% CAP | 41,839 SF | Hickory, NC
Walmart Super 6.50% CAP | 151,971 SF | ONEIDA, TN
Asking Price: $11,234,000
Property Type Retail Lease Type NNN
Tenant Credit Corporate Guarantee Tenancy Single
Lease 29 years 10/13/1999- 01/31/2029 Remaining Term 10.8 years
Square Footage 151,971 Price/Sq Ft $73.92
Cap Rate 6.50%NOI $730,234 Year Built 1999
Lot Size (acres) 12.259Parking (spaces) 531
Lease OptionsTwelve 5-Year Options
Walmart is our affiliated Business Partner
CVS is Our Affiliated Business Partner
Investment Highlights
Investment Grade Credit Tenant: CVS Health (S&P: BBB+) - Corporate Guaranty
- Long Term Bondable Absolute NNN Lease - Nearly 20 Years Remaining on Term
- Zero Cash Flow Loan Structure - Rare Paydown Re-Advance Feature
- On Hard Corner Signalized Intersection - Across from Future Martz Bus Trailways Park & Ride - Draw for Hundreds of Daily Commuters
- Across from Future Mount Effort Plaza - Planned 15-Acre, 11
CVS Pharmacy Portfolio of 3 Locations in NC & SC
Price: $8,849,950 Cap Rate: 7.25%
We're pleased to offer for sale to qualified investors, a portfolio of three CVS Pharmacy properties. The properties are 100% leased by CVS Health (the "Tenant") and feature corporately guaranteed leases. Two of the properties are located in the Charlotte, NC Metropolitan area, while the third property is located in downtown Sumter, SC. World Class Guaranty Booming Charlotte Area Location
High Yield Low Price Point Passive Net Lease Diversification
Athens, AL Price: $3,238,095 Cap Rate: 5.25%
Athens, AL is the county seat of Limestone County and is included in the Huntsville-Decatur CSA. The city is located on the northern border of Alabama and is situated at the foothills of the Appalachian Mountains. From 2010 to 2015 the Athens population grew approximately 14% to an estimated population of 24,966 inhabitants World Class Guaranty Early Lease Extension Passive Net Lease Long Term Remaining Growth Area Limited Competition Low Price Point Excellent Site Attributes
BestBuy is Our Affiliated Business Partner
Price: $5M - $10M
Lease Term: 15 – 20 Years Increases: 10% Every 5 years Lease Extensions: 20 – 40 Years
Lease Type: Absolute NNN Lease Guarantee: Corporate
CAP Rate Ranges: 6.5% – 7.50%Name Best BuyFormerly called Sound of Music (1966)
Best Buy Co. Superstores (1983)Type PublicTraded as
IndustryRetailFounded1966inWest Saint Paul, MinnesotaFounderRichard M. SchulzeHeadquartersRichfield, Minnesota,United StatesNumber of locations 1,050 (2015)Areas served WorldwideKey people Hubert Joly(Chairman and CEO)
Sharon McCollam(CFO)ProductsConsumer electronicsRevenue$40.339 billion (2015) Operating income $1.450 billion (2015) Total assets$15.256 billion (2015) Total equity $15.256 billion (2015)Number of employees 125,000 (2015)DivisionsBest Buy Canada
Best Buy EuropeSubsidiariesGeek Squad Magnolia Pacific SalesSlogan Expert Service. Unbeatable Price.Website www.bestbuy.com
About Best Buy:
Best Buy Co., Inc. (NYSE: BBY) is a specialty retailer of consumer electronics in the United States, accounting for 19% of the market. It also operates in Mexico, Canada, China, Turkeyand the United Kingdom.The company's subsidiaries include Geek Squad, Magnolia Audio Video, Pacific Sales, and, in Canada operates under both the Best Buy and Future Shop label. Together these operate more than 1,150 stores in the United States, Puerto Rico, Canada,China,[3] Mexico, and Turkey. In addition, the company has rolled out over 100 Best Buy Express Automated Retail stores or "ZoomShops", operated by Zoom Systems, in airports and malls around the U.S. The company's corporate headquarters are located in Richfield, Minnesota.
Best Buy was named "Company of the Year" by Forbes magazine in 2004 "Specialty Retailer of the Decade" by Discount Store News in 2001, ranked in the Top 10 of "America's Most Generous Corporations" by Forbes magazine in 2005 (based on 2004 giving),and made Fortune magazine's List of Most Admired Companies in 2006.On March 9, 2009, Best Buy became the primary electronics retail store (online and bricks and mortar) in the eastern US, after smaller rival Circuit City went out of business.Fry's Electronics remains a major competitor in the western US. Many locations feature in-store pickup, which can be arranged through the company's website.
Best Buy Properties For Sale Across the United States:
TJ Maxx | Best Buy PORT RICHEY, FL
Asking Price: $4,988,000
Property Type Retail Lease Type NN
Tenant Credit Corporate Guarantee
Tenancy Multi Occupancy 100% Buildings 2
Lot Size (acres) 7.13
Lease Options 3, 5-Year Options Ownership Fee Simple
Orlando-Best Buy 6.19% CAP 44,988 SF OCOEE, FL
Asking Price: $10,500,000
Property Type Retail Tenancy Single
Investment Type Net Lease Class A Absolute NNN
Tenant Credit Corporate Guarantee
Square Footage 44,988 Price/Sq Ft $233.40
Cap Rate 6.19% Occupancy 100%
NOI $650,391 Units 1 Stories 1 Year Built2000
Lot Size (acres) 4.03 Parking (spaces) 191
New Jersey Triple Net Investment Properties
Walgreens Center Cap Rate 6.03% Point Pleasant, NJ 08742 75 Min. From Manhattan
Price$6,625,000 Gross Leasable Area 19,111 SF
with drive-through access, backed by a corporate guarantee
Walgreens Absolute NNN Lease
5.00% CAP | 14,886 SF | NORTH SMITHFIELD, RI Property Type: Retail
Lease Type Absolute NNN Tenant Credit Credit Rated TenancySingle Lease Term20.1 years Lease Commencement 04/12/2015 Rent Commencement 04/12/2015Lease Expiration 04/29/2035 Remaining Term 17.3 yearsSquare Footage 14,886 Price/Sq Ft $550.85 Cap Rate 5.00% Occupancy100%
Occupancy Date 04/02/2015 NOI $410,000 Year Built 2015 Buildings 1 Lot Size (acres)1.95 Lease Options 55 1-year options Ownership Fee Simple
CVS Pharmacy (Close Proximity to NYC) For Sale Waretown, NJ
Price $6,290,418 No. Stories 1 Property Type: Retail Year Built 1989 Property Sub type Freestanding Tenancy Single Building Class B Parking Ratio 2.68/1,000 SF Sale Type: InvestmentClear Ceiling Height12 FT Cap Rate 5.50% Gross Leasable Area13,078 SF Transit Score ®24 (Minimal Transit) Sale Conditions Investment Triple Net
Walgreens Highway 516 Old Bridge, NJ Less than an Hour from Manhattan
Price $5,450,313 No. Stories 1
Property Typ eRetail Year Built 2016 Property Sub-type Drug Store.Tenancy Single Building Class A No. Dock-High Doors/Loading1Sale Type: InvestmentZoning Description C CCap Rate5.75% Lot Size10.40 AC 5.15% CAP | 14,675 SF | Raleigh, NC
Starbucks Tenant Properties For Sale
Starbucks at Towne Place Shops
5.75% CAP | 13,200 SF | Chesapeake, VA
Stabilized High Performing Retail Center - Diverse Tenant Mix - Retail
Anchored by Walmart Supercenter Outstanding Neighboring Tenants
Staggered Rent Increases & Lease Expirations - Strong Rent Growth
- Located On Major Retail/Commuter Corridor - Heavy Traffic Counts - Excellent Visibility/Signage
- Affluent Demographics - Dynamic Economy - Steady Growth
- Close Proximity to Downtown Madison, Regional Airport & University of Wisconsin.
Shops at Randolph Hill | Shadow Anchored by High Performing Trader Joe’s | St. Paul, MN
for Sale
Starbucks: Roanoke, VA 24016 $2,250,000
Tenant: Starbucks
Premises: 2,200 SF Renewal Options: 4 x 5 Years
Lease Expiration: Est. 9/30/2027
Lease Type: NN Rental Increases: 10% Every 5 Years
- Brand New 2017 Construction – Opened December 7, 2017
- Corporate Starbucks (NYSE SBUX) with 91.8B Market CAP
- No Early Termination Clause
- 20 Year Roof Warranty OFFERING SUMMARY-PDF
Chili’s 623 W. Oglethorpe Hwy - Hinesville, GA 31313 $3,458,662 Cap Rate: 7.10% Status: Available
Tenant: Chili’s
Premises: 4,719 SF Renewal Options: 4 x 5 Years
Lease Expiration: 2/28/2027 Lease Type: Absolute NNN
Rental Increases: CPI Every 5 Years Including Option Periods
Freestanding 100% Occupied Single Tenant Absolute Triple Net (NNN)–~10 Years on Lease Remaining4 (4) x 5 (5) Year Renewal Options
Rent Increases Every 5 Yrs Including at Options –Next Increase is in 2022
Triple Net Investment Properties in New York
Chick-Fil-A | Price Reduced! 4.00% CAP | 4,867 SF | ROCHESTER, NY
Asking Price: $3,175,000
Property Type Retail Lease Type NNN Tenancy Single Square Footage 4,867 Price/Sq Ft $652.35 Cap Rate 4.00% NOI $127,000
This new construction Chick-fil-A in Greece, New York, only six miles northwest of downtown Rochester. There are 20 years remaining on this triple-net (NNN) ground lease featuring 10 percent rent bumps every five years. The lease is guaranteed by Chick-fil-A, Incorporated; who registered more than
$8 billion in revenue (2016) and operates more than 2,000 locations. This highly visible Chick-fil-A is located on the intersection of West Ridge Road and Ridgecrest Road, a highly trafficked intersection which sees more than 29,000 vehicles per day (VPD). This asset also benefits from being nearby Interstate 390, a major north-south highway in New York which sees more than 68,000 vehicles per day (VPD). Directly adjacent from the subject property is The Mall at Greece Ridge. This mega-mall has more than 1.6 million square feet of retail, making it one of the largest shopping centers in the country. Some of the anchors include: Target, Bed Bath & Beyond, Regal Cinemas, and Macy’s Home Store. There is an additional 500,000 square feet of retail within a mile featuring national credit tenants such as Wegmans, Lowe’s, and The Home Depot
Rite Aid 7.09% CAP | 14,673 SF | TROY, NY
Asking Price: $8,496,821
Property Type Retail
Lease Type NN TenancySingle
Lease Commencement 06/10/2008
Lease Expiration 05/31/2029
Remaining Term 11.2 years
Square Footage 14,673 Price/Sq Ft $579.08
Cap Rate 7.09% NOI $602,114
Year Built 2009 Lot Size (acres) 1.91
Rent Bumps Yes Ownership Fee Simple
Moe's Southwest Grill 6.52% CAP | 3,600 SF CHEEKTOWAGA, NY
Asking Price: $2,300,000
Property Retail Sub Type Restaurant Investment Type Sale/Leaseback
Lease Type Absolute NNN Tenancy Single
Lease Expiration 03/01/2033 Remaining Term 14.9 years
Square Footage 3,600 Price/Sq Ft $638.89
Cap Rate 6.52% NOI $150,000 Units 1 Year Built 2017
Lot Size (acres) 0.68 Price/Sq Ft (Land Value) $84.40
Rent Bumps 8.0% every 5 years throughout Primary Term and Option Periods Lease Options Two 5-Year Options
Dunkin Donuts/Exxon 7.00% CAP 5,400 SF | MIDDLETOWN, NY
2 Walgreens Package | Rochester MSA 6.75% CAP | DANSVILLE, NY
2 Walgreens Package | Rochester MSA 6.75% CAP | DANSVILLE, NY
Asking Price: $7,000,000
Property Type Retail Lease Type NNN
Lease 01/01/2018-01/01/2038
Lease Term & Remaining Term 20 years
Square Footage 5,400 Price/Sq Ft $1,296.30
Cap Rate 7.00% NOI $490,000
Year Built 2010 Lot Size (ac) 2.8 Zoning Commercial Rent Bumps CPI Increase Every 5 Years Two 5-Year Options Fee Simple
2 Walgreens Package | Rochester MSA 6.75% CAP | DANSVILLE, NY
2 Walgreens Package | Rochester MSA 6.75% CAP | DANSVILLE, NY
2 Walgreens Package | Rochester MSA 6.75% CAP | DANSVILLE, NY
Asking Price: $4,092,459
Property Type Retail
Sub Type Drug Store
Investment Type Net Lease Lease Type NN
Tenant Credit Corporate Guarantee
Tenancy Single
Cap Rate 6.75% NOI $276,241
Buildings 2 Ownership Fee Simple
Friendly’s 8.00% CAP | 5,967 SF JAMESTOWN, NY
2 Walgreens Package | Rochester MSA 6.75% CAP | DANSVILLE, NY
Family Dollar | Rochester, NY RELOCATION STORE | 6.00% CAP | 9,180 SF | ROCHESTER, NY
Asking Price: $1,718,425
Property Type Retail Tenancy Single
Lease Absolute NNN Lease Term 12 years
Lease 07/31/2013- 07/31/2025
Remaining Term 7.4 years
Square Footage 5,967 Price/Sq Ft $287.99
Cap Rate 8.00% NOI $137,474
Lot Size 1.44 AC Rent Bumps1.50% Annually
Four, 5 - Year Options Ownership Private
Family Dollar | Rochester, NY RELOCATION STORE | 6.00% CAP | 9,180 SF | ROCHESTER, NY
Family Dollar | Rochester, NY RELOCATION STORE | 6.00% CAP | 9,180 SF | ROCHESTER, NY
Family Dollar | Rochester, NY RELOCATION STORE | 6.00% CAP | 9,180 SF | ROCHESTER, NY
Asking Price: $2,291,000
Property Type Retail
Lease Type NNN Tenancy Single Units 1
Lease Expiration 03/31/2031
Remaining Term 13 years
Square Footage 9,180 Price/Sq Ft $249.56
Cap Rate 6.00% NOI $137,460
National Multi Tenant Plaza 7.50% CAP | 10,277 SF | SYRACUSE, NY
Family Dollar | Rochester, NY RELOCATION STORE | 6.00% CAP | 9,180 SF | ROCHESTER, NY
National Multi Tenant Plaza 7.50% CAP | 10,277 SF | SYRACUSE, NY
Asking Price: $3,878,520
Property Type Retail
Lease Type NN
Tenancy Multi Number of Tenants 5
Square Footage 10,277
Price/Sq Ft $377.40
Cap Rate 7.50% NOI $290,889
Year Built 2015 Lot Size (acres) 1.94
OwnershipFee simple
Red Lobster 6.10% CAP | 7,054 SF AMHERST, NY
Family Dollar | Rochester, NY RELOCATION STORE | 6.00% CAP | 9,180 SF | ROCHESTER, NY
National Multi Tenant Plaza 7.50% CAP | 10,277 SF | SYRACUSE, NY
Asking Price: $4,402,899
Property Type Retail Lease Type NNN TenancySingle Corporate Guarantee
Lease Term 20 years Remaining 16.4 years
Lease 07/28/2014- 07/31/2034
Square Footage 7,054 Price/Sq Ft $624.17
Cap Rate 6.10% NOI $268,577
Lot Size (acres) 2.6 Rent Bumps2% Annually
Lease OptionsFour, Five Year Option Periods
Five Star Urgent Care 6.60% CAP 3,500 SF | SYRACUSE, NY
Five Star Urgent Care 6.60% CAP 3,500 SF | SYRACUSE, NY
Five Star Urgent Care 6.60% CAP 3,500 SF | SYRACUSE, NY
Asking Price: $1,829,546
Property Type Retail
Investment Type Net Lease
Lease Type NN+ Tenancy Single
Square Footage 3,500
Price/Sq Ft $522.73
Cap Rate 6.60% NOI $120,750
CVS - Ithaca, New York 6.25% CAP 10,125 SF | ITHACA, NY
Five Star Urgent Care 6.60% CAP 3,500 SF | SYRACUSE, NY
Five Star Urgent Care 6.60% CAP 3,500 SF | SYRACUSE, NY
Asking Price: $4,416,496
Property Type Retail Investment Net Lease
Lease Type NN TenancySingle
Tenant CreditCredit Rated
Square Footage10,125 Price/Sq Ft$436.20
Cap Rate6.25% NOI $276,031
Units 1 Buildings 1 Stories 1
Year Built 2001 Lot Size (acres) 1.17
Rent Bumps Yes Lease Options Four 5-year
Pizza Hut 5.75% CAP | 3,051 SF NEW HARTFORD, NY
Five Star Urgent Care 6.60% CAP 3,500 SF | SYRACUSE, NY
Valley Mall Strip Center/Post Office 7.90% CAP | 7,712 SF | NAPANOCH, NY
Asking Price: $933,000
Property Type Retail Tenancy Multi
Lease Type Absolute NNN
Lease Term 20 years
Square Footage 3,051 Price/Sq Ft $305.80
Cap Rate 5.75% NOI $53,628
Year Built 2007 Lot Size (sq ft)20,473
Lease Options(4) 5-year Option
OwnershipFee Simple
Valley Mall Strip Center/Post Office 7.90% CAP | 7,712 SF | NAPANOCH, NY
Valley Mall Strip Center/Post Office 7.90% CAP | 7,712 SF | NAPANOCH, NY
Valley Mall Strip Center/Post Office 7.90% CAP | 7,712 SF | NAPANOCH, NY
Asking Price: $1,195,000
Property Type Retail Class B Tenancy Multi
Square Footage 7,712 Price/Sq Ft $154.95
Cap Rate 7.90% Occupancy 100%
NOI $94,402
Year Built 2013 Buildings 1 Stories 1
Permitted Zoning Retail
Lot Size (acres) 3 APN83.10-3-12.110
New Rochester Starbucks 5.50% CAP 2,443 SF | ROCHESTER, NY
Valley Mall Strip Center/Post Office 7.90% CAP | 7,712 SF | NAPANOCH, NY
New Rochester Starbucks 5.50% CAP 2,443 SF | ROCHESTER, NY
Asking Price: $2,454,545
Property Type Retail Investment Net Lease
Class A Lease Type NNN Corporate Guarantee Tenancy Single Rent 07/28/2017
Remaining 10 years Bumps Yes
Square Footage 2,443 Price/Sq Ft $1,004.73
Cap Rate 5.50% Occupancy 100%
Occupancy Date 07/28/2017 NOI $135,000
Units 1 Buildings 1 Stories 1 Year Built 2017
Lot Size (acres) 1.09 Parking (spaces) 34 Rent
Dollar General 7.00% CAP | 9,100 SF WORCESTER, NY
Valley Mall Strip Center/Post Office 7.90% CAP | 7,712 SF | NAPANOCH, NY
New Rochester Starbucks 5.50% CAP 2,443 SF | ROCHESTER, NY
Asking Price: $1,559,000
Property Type Retail Lease Absolute NNN
Tenant Credit
Credit Rated, Corporate Guarantee
Tenancy Single Lease Term 15 years
Square Footage 9,100 Price/Sq Ft $171.32
Cap Rate 7.00% NOI $109,121
Year Built 2016 Lot Size (acres) 4.3
Rent Bumps Yes Ownership Fee Simple
Triple Net Investment Properties in New Jersey
Advance Auto Parts 7.50% CAP BROWNS MILLS, NJ
Chase Bank & Retro Fitness 6.00% CAP | 21,066 SF | BAYONNE, NJ
Chase Bank & Retro Fitness 6.00% CAP | 21,066 SF | BAYONNE, NJ
Asking Price: $1,440,000
Property Type Retail
Tenant Credit Credit Rated TenancySingle
Lease Expiration 12/31/2023
Remaining Term 5.8 years
Cap Rate 7.50% NOI $108,000
Year Built 1932 Lot Size (acres)1.72
Lease OptionsFour (2), Five (5) Year Options
Chase Bank & Retro Fitness 6.00% CAP | 21,066 SF | BAYONNE, NJ
Chase Bank & Retro Fitness 6.00% CAP | 21,066 SF | BAYONNE, NJ
Chase Bank & Retro Fitness 6.00% CAP | 21,066 SF | BAYONNE, NJ
Asking Price: $3,905,000
Property Type Retail
Square Footage 21,066
Cap Rate 6.00% Occupancy 100%
NOI $234,340
Year Bui lt1920 Year Renovated 2006
Stories 2
Lot Size (acres)0.61
Sun National Bank 6.75% CAP | 6,758 SF | PENNINGTON, NJ
Chase Bank & Retro Fitness 6.00% CAP | 21,066 SF | BAYONNE, NJ
Sun National Bank 6.75% CAP | 6,758 SF | PENNINGTON, NJ
Asking Price: $2,250,000
Property Type Retail TenancySingle
Lease TypeAbsolute NNN
Lease Expiration 12/31/2027
Remaining Term 9.8 years Rent Bumps Yes
Square Footage6,758 Price/Sq Ft$332.94
Cap Rate6.75% NOI$151,931
Year Built 1970 Lot Size (acres) 0.58
7-Eleven 5.25% CAP | 2,050 SF UNION, NJ
Neptune Circle Shopping Center 7.64% CAP | 19,355 SF | NEPTUNE CITY, NJ
Sun National Bank 6.75% CAP | 6,758 SF | PENNINGTON, NJ
Asking Price: $2,630,000
Property TypeRetail
Lease Type NN Tenant Credit Credit Rated
Tenancy Single Lease Term 10 years
Lease Commencement 08/01/2017
to 07/31/2027 Remaining Term 9.4 years
Square Footage 2,050 Price/Sq Ft $1,282.93
Cap Rate 5.25% NOI $138,000
Year Built 2013 Lot Size (acres) 0.34
Lease OptionsTwo 5-Year Options
OwnershipFee Simple
Walgreens 5.40% CAP | HILLSIDE, NJ
Neptune Circle Shopping Center 7.64% CAP | 19,355 SF | NEPTUNE CITY, NJ
Neptune Circle Shopping Center 7.64% CAP | 19,355 SF | NEPTUNE CITY, NJ
Asking Price: $8,351,851
Property Type Retail
Investment Type Net Lease Lease
Type Absolute NNN Corporate Guarantee
Tenancy Single
Rent 10/29/2016-10/31/2036 18.6 years
Net Rentable (sq ft)14,630
Cap Rate 5.40% Occupancy 100%
NOI $451,000 Ownership Fee Simple
Buildings 1 Lot Size (acres) 1.01
Lease Options (55) One Year Options
Neptune Circle Shopping Center 7.64% CAP | 19,355 SF | NEPTUNE CITY, NJ
Neptune Circle Shopping Center 7.64% CAP | 19,355 SF | NEPTUNE CITY, NJ
Neptune Circle Shopping Center 7.64% CAP | 19,355 SF | NEPTUNE CITY, NJ
Asking Price: $6,700,000
Property Type Retail
Tenancy Multi Number of Tenants 7
Square Footage 19,355 Price/Sq Ft $346.16
Cap Rate 7.64%
Occupancy 100% NOI $512,019
Year Built 2005 Stories 1
Zoning C-1 Planned Commercial Dev
Lot Size (acres) 5.03 Parking (spaces) 100
Ownership Fee Simple
ABSOLUTE NNN LEASED INVESTMENT 5.41% CAP | 10,914 SF | LOS ANGELES, CA
100% Triple Net Leased Investment 4.51% CAP 51,632 SF LOS ANGELES, CA
ABSOLUTE NNN LEASED INVESTMENT 5.41% CAP | 10,914 SF | LOS ANGELES, CA
Asking Price: $8,500,000
Property Type Retail
Lease Type Absolute NNN Tenancy Multi
Square Footage 10,914 Price/Sq Ft $778.82
Cap Rate 5.41% Occupancy 98.91%
NOI $460,193 Year Built 1987
Permitted Zoning C4-1
Lot Size (sq ft) 41,265 Parking (spaces) 55
Rent BumpsYes Ownership Fee Simple
CVS 5.20% CAP | 11,900 SF ALLENTOWN, PA
100% Triple Net Leased Investment 4.51% CAP 51,632 SF LOS ANGELES, CA
ABSOLUTE NNN LEASED INVESTMENT 5.41% CAP | 10,914 SF | LOS ANGELES, CA
Asking Price: $4,440,000
Property Type Retail
Lease Type NN Tenant Credit Credit Rated
Lease Term 38.8 years
Lease 03/10/1999-12/31/2037
Remaining Term 19.8 years
Square Footage 11,900 Price/Sq Ft $373.11
Cap Rate 5.20% NOI $231,000
Lot Size (acres) .26 Lease Options One (1), Five (5) Year And One (1), Four (4) Year
100% Triple Net Leased Investment 4.51% CAP 51,632 SF LOS ANGELES, CA
100% Triple Net Leased Investment 4.51% CAP 51,632 SF LOS ANGELES, CA
100% Triple Net Leased Investment 4.51% CAP 51,632 SF LOS ANGELES, CA
Asking Price: $25,000,000
Property Type Retail Lease Type NNN
Tenancy Multi Year Built 2007
Square Footage 51,632 Price/Sq Ft $484.20
Cap Rate 4.51% Occupancy 100%
NOI $1,128,314
Permitted Zoning (Q) C2-CD-2D-CD0
Lot Size (sq ft) 73,202 Parking (spaces) 130
Rent Bumps Yes Ownership Fee Simple
Rite Aid 6.50% CAP | 13,824 SF WOODRUFF, SC
Steak'n Shake 6.00% CAP | 3,319 SF COLORADO SPRINGS, CO
100% Triple Net Leased Investment 4.51% CAP 51,632 SF LOS ANGELES, CA
Asking Price: $4,433,507
Property Type Retail Absolute NNN
Term 20 years Lease 01/09/2003-01/08/2023
Remaining Term 4.8 years
Square Footage 13,824 Price/Sq Ft $320.71
Cap Rate 6.50% NOI $288,178
Year Built 2002 Ownership Fee Simple
Lot Size (acres) 2.24 Parking (spaces) 73
Lease Options 4 - 5 Year Options
Safeway 5.65% CAP | 57,860 SF FLORENCE, AZ
Steak'n Shake 6.00% CAP | 3,319 SF COLORADO SPRINGS, CO
Steak'n Shake 6.00% CAP | 3,319 SF COLORADO SPRINGS, CO
Asking Price: $8,762,000
Property Type Retail Lease Term 20 years
Lease 11/01/2017-10/31/2037
Remaining Term 19.6 years
Square Footage 57,860 Price/Sq Ft $151.43
Cap Rate 5.65% NOI $495,003.91
Year Built 2007 Lot Size (acres) 6.39
Rent Bumps 1.5 Annually Years 2-5, 7.5% Every 5 years after Year 10 & 15
Lease Options 8, 5 Year Option
Steak'n Shake 6.00% CAP | 3,319 SF COLORADO SPRINGS, CO
Steak'n Shake 6.00% CAP | 3,319 SF COLORADO SPRINGS, CO
Steak'n Shake 6.00% CAP | 3,319 SF COLORADO SPRINGS, CO
Asking Price: $2,400,000
Property Type Retail
Lease Type NNN Tenancy Single
Lease Term 20 years
Square Footage 3,319 Price/Sq Ft $723.11
Cap Rate 6.00% Occupancy 100%
NOI $144,000 Year Built 2013 Lot Size 1 Ac.
Rent Bumps 10% Increases Every 5 Years
Lease Options 4 x 5 Years
SteinMart is our affiliated Partner
Stein Mart 6.25% CAP | 36,000 SF | LA QUINTA, CA
Asking Price: $7,978,000
Property Type Retail Lease Type NNN Lease Term 10 years
Lease Commencement 11/01/2004 Lease Expiration 10/31/2024 Remaining Term 7 years Square Footage 36,000 Price/Sq Ft $221.61
Cap Rate 6.25% Pro-Forma Cap Rate 6.54% Occupancy 100% Year Built 2004 NOI $498,600 Pro-Forma NOI $522,000 Zoning Department Store
Lot Size (acres) 3.97 Parking (spaces) 250 APN 643-020- 046 Lease Options Two (2) - Five (5) year options
Courtesy of Listing Partners
