Property #GL465 - Request more information
• Rare McDonald's NNN Ground Lease
• Chicago Metro
• Price: $1,735,000
• Net Operating Income: $86,745
• Building: 4,375 sf
• Year Built: 2007
• Lot Size: 58,888 sf
• Original 20-year Absolute NNN McDonald's Ground Lease commenced September 2007 with 4 five year options to renew.
• Fixed 10% rent increases every 5 years including option periods.
• Sizeable land parcel of 1.35 acres with a 4,375 s.f. building (NAP).
• High Quality Architecture, upgraded appearance. Dual Lane Drive Thru for higher volume.
• Prime Location with all other National Retailers: Walmart, Walgreens and Target.
• McDonald's corporate guaranteed lease from an "A" S&P Rated company.
Date: 22 Aug 2011 11:31:13
Property #GL464 - Request more information
• CVS Pharmacy Ground Lease For Sale Owner placing CTL Financing on the property
• Florida
• Price: $2,611,750
• Net Operating Income: $137,117
• Building: 13,013 sf
• Cap Rate: 5.25%
• 1.98 acre parcel ground leased to CVS Pharmacy. This CVS is a 13,013 square foot free-standing building with a double drive-thru, built in 1999. THE IMPROVEMENTS WERE BUILT AND ARE OWNED BY THE TENANT. THE IMPROVEMENTS ARE NOT FOR SALE.
• This property is located at a signalized intersection - the major east/west arterial roadway in the submarket.
• The store is located in front of a Hospital and a 300-acre National Sports, Health & Fitness Training Center and adjacent to a Town Center, which is anchored by Home Depot and Sweetbay Supermarket.
Date: 19 Aug 2011 08:01:42
Property #GL463 - Request more information
• Carl's Jr. Ground Lease For Sale
• Portland Metro, Oregon
• Price: $2.08 Million
• CAP: 6.25%
• Building Size: 26,040 SF
• Lot Size: $2008
• Year Built: 20 years
• Lease Term: Ground Lease
• Cap Rate Increases From 6.25% to 7.00% in 2013
• 20 Year Ground Lease With Zero Landlord Responsibility
• Fixed Rental Increases - 10% Increases Every 5 Years
• Strong Guarantee with Seasoned Operator (KWK Foods, Inc)
• Drive Thru with Two Points of Ingress/Egress
• Traffic Counts: 37,950 and 13,736
• Approximately 15 minutes to Downtown Portland
Thu, 18 Aug 2011 13:25:57
Property #ST808. Request more information
CVS Ground Lease
Michigan
Net 23 Years (CVS) $3,976,000
Wed, 17 Aug 2011 15:35:16
Property #GL462 - Request more information
• VARIOUS GROUND LEASES PROPERTOES
• Applebee's Ground Lease
• Nebraska
• Year Built: 2003
• Purchase Price: $960,000
• Cap Rate: 7.25%
• Red Robin Gourmet Burgers Ground Lease
• Ohio
• Year Built: 2003
• Purchase Price: $1,753,000
• Cap Rate: 6.59%
• Chuck E. Cheese Ground Lease
• Illinois
• Year Built: 2007
• Purchase Price: $2,554,000
• Cap Rate: 6.50%
Tue, 16 Aug 2011 16:01:36
Property #GL461 - Request more information
• SAFEWAY Convenience Store
• Ground lease
• Colorado
• Investment Grade Tenancy
• Safeway Inc., rated BBB by Standard and Poor’s, is one of the largest food and drug retailers in North America. As of January 1, 2011, the company operated 1,694 stores in the Western, Southwestern, Rocky Mountain, Midwestern and Mid-Atlantic regions of the United States and in western Canada. In support of its stores, Safeway has an extensive network of distribution, manufacturing, and food processing facilities. Safeway also has a 49% ownership in Casa Ley, which operates 168 food and general merchandise stores in western Mexico.
• Strategic Location
• The Property is strategically positioned just off the interstate and adjacent to a military base. Furthermore, the Property is just 10 miles from Colorado Springs, the primary economic driver in southeastern Colorado with a population greater than 600,000 in the greater metro area. Additionally, the Site commands an average daily traffic count of approximately 21,000 vehicles.
• Strong Local Economy
• The Military Base is an economic force. The post directly contributes $1.6 million to the local economy annually and provides jobs for over 40,000 people. The Military Base is currently Colorado’s largest military installation with a total of 376,800 acres and 8.5 million square feet of facilities, and growing. The Military Base plans to serve 188,000 and employ 30,000 military personnel in 2014.
• Long-term Absolute Net Lease
• The Lease is absolute NN with just under 20 years of term remaining and no Landlord responsibilities. The Tenant agrees to pay all taxes, utilities, insurance, common area and general maintenance and repair at its sole cost.
•
• Tenant: Safeway Stores 46, Inc.
• Credit Rating: BBB+ (Standard & Poor’s)
• Building Size: 54,181 SF
• Land Area: +/- 1.29 acres
• Lease Commencement: February 2006
• Lease Expiration: February 28, 2031
• Options: 10, 5-Year Options
• Lease Structure: NN
• Pricing overview
• NOI: $60,000
• Cap Rate: 5.75%
• Price: $1,043,500
• Rent schedule
• Years.......................................... Monthly......... Annually
• February 2006 - January 2016.....$5,000.......... $60,000
• February 2016 - January 2025.....$5,500.......... $66,000
• February 2025 - February 2031....$6,050.......... $72,600
• Renewal Options
• Ten (10), 5-Year Options
• 10% rent escalation associated with each Renewal Option
• Demographics
• 3 Mile 5 Mile
• Population Estimate 38,659 64,731
• Average HH Income $60,561 $60,425
Wed, 17 Aug 2011 08:01:57
Property #GL451. Request more information
• Walgreens Ground Lease
• Alabama
• Price: $4,200,000
• CAP: 6.31%
• Long Term NNN Walgreens Ground Lease
• Zero Landlord Responsibilities
• 100% Fee Simple Interest
• S&P Rated A Investment Grade Credit
• Scheduled Increases in Rent During Option Periods
• Located on Major Retail Corridor
• Shadow Anchored by Walmart Supercenter
Mon, 15 Aug 2011 16:26:17
Property #GL460 - Request more information
• PNC Bank Ground Lease
• Excellent Chicago MSA Location
• 25 years left on 30 year initial term with 10% rental increases every 10 years
• More than 71,000 people within 3 miles with an Avg HHI in excess of $156,000
• Excellent location with over 64,000 VPD
• Great visibility & accessibility
• Building Area: 3,475 SF
• Asking Price $4,100,000
• Cap Rate: 5.5%
Thu, 11 Aug 2011 22:47:01
Property #ST1213 - Request more information
• NATIONWIDE INVESTMENT PROPERTIES
• JCPenney Ground Lease
 
• Size: 104,174
• Price: $4,000,000
• Cap Rate: 6.50%
• AutoZone Ground Lease
 
• Size: 7,381
• Price: $1,032,000
• Cap Rate: 6.50%
• AutoZone Ground Lease
 
• Size: 7,381
• Price: $1,000,000
• Cap Rate: 6.50%
Thu, 11 Aug 2011 15:51:50
Property #GL459 - Request more information
• KeyBank Ground Lease
• Ohio
• Price: $2,383,333
• Cap Rate: 6%
• Building Size: 3,253 SF
• Lot Size: $0.99 Acres
• Year Built: 2006
• Approximately 18 years left on a 20-year NNN (no landlord responsibilities) ground lease
• 10% rental increases every five years through primary term and four five-year options, if exercised
• Corporately guaranteed by KeyBank which has $90 billion in assets (2011), a credit rating of A- (S&P) and is publicly traded on the NYSE (KEY)
• Site is pad to Kohls
• Other notable retailers on State Route 256 and immediate vicinity include: Best Buy, Walmart Supercenter, Bed Bath & Beyond, Tractor Supply Co, Chase Bank, US Bank, Cracker Barrel, Bob Evans, KFC, Taco Bell and numerous other retail, service and lodging
• The city boasts 60,396 people within a 3-mile radius with average household incomes exceeding $82,000
• Site has outstanding access and visibility on a major State Route
Wed, 10 Aug 2011 13:15:33
Property #GL458 - Request more information
• UMB Bank Ground Lease
• Illinois
• Purchase Price: $1,695,652
• Cap Rate: 5.75%
• NOI: $97,500
• Years Remaining: 19 Years
• Building Size: 4,000 SF (est.)
• Lot Size: .79 Acres (est.)
• Lease Type: Absolute NNN
• Strong Guaranty (S&P A- )
• Out-parcel to Super Wal-Mart and Home Depot
• 10% rental increases every 5 years
• 42,000+ Vehicles Per Day Pass the Site
•
Date: 10 Aug 2011 12:04:07
Property #GL457 - Request more information
• NNN Ground Leases For Sale
• Colorado
• We have a couple of Colorado ground leases that have not come to market yet (but will soon).
• One is a 20-year Advance Auto ground lease
• Priced at a 5.00% CAP
• Another Advance Auto ground lease just closed at 6.00 CAP
• The other is a Panda Express ground lease
• 15-year NNN ground lease
• No pricing yet
• Has lease bump after 5 years
• Similar pricing
• 5.50 CAP
• Price: $1.5 million
Mon, 08 Aug 2011 11:43:47
Property #GL456 - Request more information
• Walgreens Ground Lease
• Chicago, IL
• Price: $1,307,700
• Rare long term Walgreens ground lease
• No landlord obligations
• Traffic counts exceed 40,000 cars per day
• Located in a dense infill area of Chicago
• Price: $1,416,666
• Cap Rate: 6.50%
• Net Operating Income: $85,000
• Rental Escalations: None
• Renewal Options: Ten 5-Year
• Lease Commencement Date: September 2011
• Lease Expiration Date: December 31, 2029
• Lease Type: Ground Lease - NNN
• Land Acreage: 8,758 square feet
Thu, 4 Aug 2011 16:15:14
Property #GL455. Request more information
• CVS Ground Lease w/Rent Bumps
• Texas
• Price: $3,545,000
• Net Operating Income: $195,000
• Cap Rate: 5.50%
• Building: 13,013 SF
• Occupancy:100%
• Land: 66,144 sf
• Located near a signalized intersection along a busy Highway in a Houston suburb
• This CVS Pharmacy, located at a Shopping Center, is a high traffic store and sits among retailers including HEB Supermarket, Wells Fargo, and The UPS Store.
• There are also many vision, dental, and medical clinics in the area including University of Texas Physicians.
• The surrounding neighborhoods are newer, upscale planned communities that include churches, K-12 schools, and a County Library.
• This property is approx.10 miles from 3 major hospitals.
• Part of the Houston MSA, the city has seen its population blossom to over 80,000 people. Local median incomes are strong at over $83,000/yr, nearly 2x the Texas median. As recently as 2010, Congressional Quarterly ranked this City among the top 40 *Safest Cities in America*.
• CVS Caremark is the largest pharmacy health care provider in the United States. CVS is ranked #18 on the 2010 Fortune 500 List- Largest Companies in the U.S. As of September 30, 2010, CVS operates 7,152 retail stores in 41 states, including Puerto Rico and the District of Columbia. Annual Revenue approaching $98 Billion with an S&P Rated BBB+ Investment Grade.
• Date: 6 Jul 2011 12:25:36
Property #GL454. Request more information
• Taco Bell Corporate Ground Lease
• Arizona
• Price: $1,195,652
• Net Operating Income: $68,750
• Cap Rate: 5.75%
• Building: 2,918 sf
• Year Built: 2006
• Land: 35,725 sf
• 20 year NNN corporate ground lease
• 10% rental increases every 5 years
• Excellent location: pad site to Target and 5 junior anchor spaces (Ross Dress For Less, Dollar Tree, Kirkland' s, Famous Footwear and Fashion Bug)
• Highly visible pad location on major corner
• Other retailers in trade area include Wal-Mart and Sam' s Club, as well as junior anchors and pad spaces similar to Pecan Promenade
• Date: 29 Jun 2011 10:25:57
Property #GL453. Request more information
• Jack In The Box Corporate Ground Lease
• Arizona
• Price: $1,276,000
• Net Operating Income: $79,750
• Cap Rate: 6.25%
• Building Size: 2,654 sf
• Year Built: 2007
• 20 year NNN corporate ground lease
• 10% rental increases every 5 years
• Excellent location: pad site to Target and 5 junior anchor spaces (Ross Dress For Less, Dollar Tree, Kirkland' s, Famous Footwear and Fashion Bug)
• Highly visible pad location on major corner
• Other retailers in trade area include Wal-Mart and Sam' s Club, as well as junior anchors and pad spaces similar to Pecan Promenade
• Date: 29 Jun 2011 10:25:57
Property #GL452. Request more information
• Chase Bank Corporate Ground Lease
• Arizona
• Price: $2,100,000
• Net Operating Income: $115,500
• Cap Rate: 5.50%
• Building: 4,355 sf
• Year Built: 2006
• 20 year NNN corporate ground lease
• 10% rental increases every 5 years
• Excellent location: pad site to Target and 5 junior anchor spaces (Ross Dress For Less, Dollar Tree, Kirkland' s, Famous Footwear and Fashion Bug)
• Highly visible pad location on a major corner
• Other retailers in trade area include Wal-Mart and Sam' s Club, as well as junior anchors and pad spaces similar to Pecan Promenade
• Date: 29 Jun 2011 10:25:31
Property #GL450. Request more information
• NNN Chili's Ground Lease
• North Carolina
• Price: $1,638,046
• Cap Rate: 6.50%
• Building Size: 5,875 SF
• PPSF: $278.82
• Lot Size: 2.74 Acres
• Year Built: 2007
• Approximately 12 years left on 15-year, absolute NNN, primary term ground lease
• Located at the corner of the first lighted intersection off Interstate, less than one mile from another Interestate.
• These two interstate highways connect to all points in North Carolina and the rest of the U.S.
• Chili's is adjacent to a Wal-Mart Supercenter-anchored shopping center
• Traffic counts at intersection exceed 29,000 cars per day
• Mon, 27 Jun 2011 13:54:04
Property #GL449. Request more information
• NNN Chili's Ground Lease
• Oklahoma
• Price: $967,857
• Net Operating Income: $67,750
• Cap Rate: 7%
• Building Size: 4,215 sf
• Year Built:2007
• Land: 1.31 acres
• Approximately six years left on 10-year, absolute NNN primary term ground lease
• Four, five-year options that feature ten percent (10%) rental escalations every five years
• Lease commenced on May 14, 2007 and expires on May 31, 2017
• Date: 23 Jun 2011 12:31:32
Property #GL448. Request more information
• KeyBank Ground Lease
• Ohio
• Price: $1,500,000
• Net Operating Income: $82,500
• Cap Rate: 5.50%
• Building Size:3,900 sf
• Year Built:2011
• Land: 0.92 acres
• Long-term ground lease with investment grade credit
• 10% rental increases every 5 years
• S&P rated "A-"
• 19+ years remaining
• Date: 22 Jun 2011 11:22
Property #GL438. Request more information
• ADVANCE AUTO PARTS - Ground Lease
• Texas
• Price: $1,698,113
• Net Operating Income: $90,000
• CAP Rate: 5.30%
• Rentable Square Feet: 6,765 SF
• Price/SF $251.01
• Year Built /Renovated: 2006
• Lot Size: 0.98 Acre
• Type of Ownership: Ground Lease
•
• Rent Increase..............................Annual Rent
• Years 1 - 10 ..............................$90,000
• Years 11 - 15 - 10% Increase ..$99,000
• Years 16 - 20 - 5% Increase ....$103,950
•
• Option Periods - 5% Increases
• Years 21 - 25 ........$109,147
• Years 26 - 30 ........$114,604
• Years 31 - 35 ........$120,335
• Years 36 - 40 ........$126,351
•
• Tenant Trade Name: Advance Auto Parts, Inc.
• Ownership: Public
• Tenant: Corporate
• Lease Guarantor: Corporate, Public, NYSE: AAP
• Rating: S&P BBB- Rating
• Lease Type: Ground Lease
• Roof and Structure: No Landlord Responsibilities
• Lease Term: 20 Years
• Lease Commencement Date: 12/30/2006
• Rent Commencement Date: 12/30/2006
• Lease Expiration Date: 12/30/2026
• Term Remaining on Lease: 15.5 Years Remaining Years
• Increases: 10% Increase in Year 11 (PLUS 5% Increases every Five Years Thereafter)
• Options: Four, 5-Year Options
•
• No Management or Landlord Responsibility - 2006 Brick Building Construction
• Corporate Guaranteed - AAP is BBB- according S&P
• 15.5 Years Remaining
• Increases of 10% in Year 11 PLUS 5% increases every Five Years thereafter
• Four, Five-Year Option Remaining
• Excellent Location - Average Household Income over $115,000 (1 Mile radius)
•
• The subject property is the investment in the land under a new Advance Auto Parts in the wealthy Houston suburb.
• The surrounding area has a huge concentration of new retail, developed over the last 5-8 years, with superior visibility and access.
• The property is located in the a Fitness Center (24 Hour Fitness, Tutor Time, Whitney Bank, TCBY and Pearland Super Buffet).
• The site is adjacent to a Shopping Center - home
• to Super- TARGET, Kohl's, Ross Dress for Less, Marshall's, Linens 'n Things, Petsmart, Michaels, Office Depot.
• The site is adjacent to a Shopping Center - home to Wal-Mart Supercenter, Home Depot, Best-Buy Chick-Fil-A.
• Lastly, the suburb opened its own town center in July 2008, home to Macy's, Dillard's and Barnes & Noble.
• Approximately 43,000 vehicles pass this intersection daily
• This suburb was recently ranked by Forbes in July 2007, as one of the fastest growing suburbs of Houston and 34th in the nation.
• Date: 21 Jun 2011 12:14:03
Property #GL447. Request more information
• Comerica Bank
• Texas
• Absolute nnn ground lease
• Household Income $103,180 within 3 Miles
• 20 Year NNN Ground Lease
• 10% Rent Increases Every 5 Years
• Stockholders Equity of $5.7 billion
• Price: $2,330,000 (5.25% Cap)
• Date: Tue, 21 Jun 2011 15:02
Property #GL446. Request more information
• Lowes Home Improvement - Ground Lease
• Northeast Location
• Price: Not Disclosed (inquire)
• Fee simple interest in approximately 17 acres which is long term ground leased to Lowes Home Improvement.
• The subject property is well located within this busy regional retail market and Lowes has constructed a 169,793 SF prototypical store on the site.
• Other major retailers in the immediate area include Walmart, Shaws, Hannaford, Home Depot, Staples, Marshalls, Walgreens, CVS, Big Lots, Dollar Tree, Olympia Sports, and Advanced Auto.
• Lowes is a Fortune 50 Company and sales exceeded $48M during fiscal 2010.
• The company operates 1,725 stores in North America and their debt is rated "A" by Standard & Poor.
• There are 14+ years remaining in the base lease term plus renewal options with rent increases.
• There are no Landlord responsibilities.
• This coveted asset comes with attractive assumable, non-recourse financing consisting of two notes with a combined current balance of approximately $9.5M.
• The debt carries a 5.28% interest rate and is due in approximately four years.
• The property provides a solid return comprised of both cashflow and principal amortization.
• It is offered without formal asking price.
• Sun, 19 Jun 2011 07:53
Property #GL445. Request more information
• CVS GROUND LEASE ALONE
• Massachusetts
• List Price $2,750,000 (or $2,538,461. See Below)
• CAP 6.00% (or 6.50%. See Below)
• Net Operating Income $165,000
• Lease Commencement: 5/4/2010
• Lease Expiration: 5/3/2035
• Scheduled rental increases every 5 years.
• Tenant has six 5 year options to renew.
• 13,225 SF CVS Pharmacy sitting on a 2.249 acre parcel.
• Property This is a rare opportunity to purchase a 25 year absolute net leased CVS/pharmacy
• ground lease with scheduled increases every 5 years.
• 100% Fee Simple Ground Lease
• New 25 Year Absolute Net Lease
• S&P Rated BBB+ Investment Grade Credit
• Scheduled Rental Increases Every 5 Years
• Construction is a New Class A quality CVS Pharmacy completed in 2010.
• CVS GROUND LEASE WITH ADDITIONAL LAND
• This ground lease can be purchased at a better price (6.50% CAP instead of 6.00% CAP) if purchased with adjacent development site.
• New CVS Ground Lease Price: $2,538,461
• Adjacent Retail Land: $400,000
• Total Purchase Price: $2,938,461
• CVS Ground Lease Acres: 2.249
• Developable Land Acres: 3.601
• Total Land Acres: 5.85
• There is significant upside potential with the development of the adjacent 3.601 acres of land that must be included in the sale of the CVS/pharmacy. The developable land is priced at $400,000 and has the potential for a 21,000 sf retail building.
• Thu, 16 Jun 2011 13:23
Property #GL444. Request more information
• Class A Improvements Completed in
• 10% Rent Increases Every 5 Years
• 2016............$134,697
• 2021............$148,167
• 2026............$162,984
• 100% fee simple interest in a 1.29 acre parcel leased to a REIT on a pure net ground lease. The building is currently occupied by two tenants, which are an established Chinese restaurateur and a dental practice.
• The improvements, a 9,922 square-foot Class A retail building, were complete in 2006.
• he asset is well located in a newly developed retail corridor that consists of shopping
• centers and free standing retail.
• The site sits as an outparcel to Kohl's and Wal-Mart and next to a Bank of America.
• Other retailers in the immediate area include Costco, Home Depot, Office Depot, Sports Authority, Best Buy, Michael's, PetsMart, Office Max, Ross, Bed Bath & Beyond, and Cost Plus World Market. Possible seller financing available to qualified buyers.
• Thu, 16 Jun 2011 13:23
Property #GL443. Request more information
• Walgreens Ground Lease
• Indiana
• Rare long term NNN ground lease to Walgreens Co.
• 10% rental escalations every 10 years beginning in 2027
• Hard corner pad location
• Part of a Wal-Mart anchorec shopping center
• Traffic count of 69,798 vehicles per day at intersection
• Price: $5,454,545
• CAP: 5.50
• Tue, 14 Jun 2011 17:37
Property #GL442. Request more information
• Chase Bank
• TX
• Price: $2,500,000
• CAP: 5.00%
• Wells Fargo
• GA
• Price: $3,018,750
• CAP: 6.00%
• Tue, 14 Jun 2011 08:56
Property #GL441. Request more information
• Lowes Home Improvement - Ground Lease
• Northeast Location
• Price: Not Disclosed (inquire)
• Fee simple interest in approximately 17 acres which is long term ground leased to Lowes Home Improvement.
• The subject property is well located within this busy regional retail market and Lowes has constructed a 169,793 SF prototypical store on the site.
• Other major retailers in the immediate area include Walmart, Shaws, Hannaford, Home Depot, Staples, Marshalls, Walgreens, CVS, Big Lots, Dollar Tree, Olympia Sports, and Advanced Auto.
• Lowes is a Fortune 50 Company and sales exceeded $48M during fiscal 2010.
• The company operates 1,725 stores in North America and their debt is rated "A" by Standard & Poor.
• There are 14+ years remaining in the base lease term plus renewal options with rent increases.
• There are no Landlord responsibilities.
• This coveted asset comes with attractive assumable, non-recourse financing consisting of two notes with a combined current balance of approximately $9.5M.
• The debt carries a 5.28% interest rate and is due in approximately four years.
• The property provides a solid return comprised of both cashflow and principal amortization.
• It is offered without formal asking price.
• Wed, 15 Jun 2011 09:08
Property #GL441. Request more information
• Walgreens - Ground Lease
• Alabama
• Price: $4,800,000
• Approx. 5.52% Cap Rate
• Annual Income: 265,000
• Absolute NNN Lease
• Initial Twenty-Five (25) Year Lease
• Eighteen (18) Years Remaining
• Five 10-Year Options with 10% Increases
• Alabama's No. 1 Tourist Destination
• High Traffic Intersection
• Affluent Market
• 30,000+ VPD - 2009 AL DOT
• Lot Size Approx. 57,158 SF or 1.31 Acres
• Building Size - 16,695 +/- SF
• Fri, 10 Jun 2011 08:00
Property #GL440. Request more information
• CVS Ground Lease
• Massachusetts
• Price: $2,938,461
• CAP: 6.50%
• Developable Land - $400,000
• New 25 Year Absolute NNN Lease
• 100% Fee Simple Interest
• Additional 3.601 Acres for Retail Development
• S&P BBB+ Investment Grade Credit
• Hard Corner Location
• Date: Thu, 9 Jun 2011 09:24
Property #GL439. Request more information
• CVS Ground Lease
• Texas
• Houston MSA
• Price: $3,450,000
• CAP: 5.35%
• Rental Increases Every 5 Years
• 25 year NNN ground lease
• Guaranteed by CVS Caremark Corporation
• Fixed rental increases every 5 years
• 2008 construction
• Visible and accesible from a major US Highway with 71,000 VPD
• Near Lowe's, Wal-Mart, Target, The Home Depot, ect.
• Average Household income in excess of $104,000
• Thu, 09 Jun 2011 14:47:50
Property #GL437. Request more information
• Community First Bank
• Tennessee
• Fee Simple Ground Lease
• Price; $1,667,000
• CAP: 6.00%
• Long Term Absolute NNN Ground Lease
• 100% Fee Simple Interest
• Zero Landlord Responsibilities
• 5% Increases in Rent Every 5 Years
• Class A Improvements
• Outparcel to Super Kroger Center and Adjacent to CVS/pharmacy and Tractor Supply
• Date: Wed, 8 Jun 2011 11:53
Property #GL436. Request more information
• Jack in the Box
• Corporate Ground Lease
• California
• Price: N/A
• Building Size:2,826 SF
• Property Type:Retail
• Property Sub-type:Restaurant
• Property Use Type:Net Lease Investment with 10+ years left on lease
• Cap Rate:5.50%
• Occupancy:100%
• Tenancy:Single
• Lot Size:0.78
• This Jack in the Box is a corporately guaranteed Ground Lease built in 2008 and has 18 year remaining on the initial term with Four (4) Five Year options.
• 10% Increases every five years. Zero Landlord maintenance or liability.
• Located on 0.78 acre parcel located immediately adjacent to a Fresh & Easy Neighborhood Market and immiediately across the street from Costco and other retailers.
• Subject Property is located just off a corner.
• Tue, 7 Jun 2011 18:01:01
Property #GL435. Request more information
• Aldi Ground Lease
• New 20-Year NNN Ground Lease
• Price: $2,364,000
• CAP: 5.50%
• Fixed rental increases every 5 years
• Fall 2011 completion
• Adjecent to Wal-Mart
• Retail corridor location
• ALDI has 5,000 stores including 1.000 in the U.S.
• Tue, 07 Jun 2011 18:32:29
Property #GL433. Request more information
• Hardee's Ground Lease
• North Carolina
• Price:$1,250,000
• Net Operating Income: $83,600
• Cap Rate:6.68%
• Building: 2,829 sf
• Year Built: 2008
• Land Area: 1.08 acres
• Corporate Hardee's Ground Lease with approximately 17.5 years remaining
• This location features a dual-branded restaurant, featuring fare from Red Burrito
• 10% rent increases every 5 Years
• 5-mile population of 118,970
• Outparcel to Lowe's Home Improvement
• Date: 6 Jun 2011 07:27
Property #GL432. Request more information
• California Ground Lease For Sale
• A local bank has already approved the deal so we just need a guarantor!
• Rare Ground Lease Opportunity from an American Indian owner!
• This is the acquisition of fee simple land under 28 leasehold residential lots in Palm Springs, CA
• The buyer of this land is in escrow to buy this land with escrow to close in about 30 days
• 10 of the leasehold owners are already in sub-contract to purchase their fee simple interest
• Sales proceeds from these 10 sales, averaging $325,000 each, will be approx. $3,250,000.
• The current escrow buyer is looking for $6,300,000 from a investor to complete the sale.
• The total resale of the 28 lots at approx. $325,000 each, will gross $9,100,000
• This is about a $3,000,000 profit
• The current escrow holder will split the profit with the investor!
• The 28 fee simple lots are estimated to be sold as follows: 10 lots within 6 weeks, and 22 within 36 months
• The amount of years remaining on the lease (about 30 years) puts a lot of pressure on home owners to buy the fee simple interest quickly
• As time goes on, the value of homes will decline if the fee simple interest is not purchased
• The investore will receive a first mortgage on the properties as colleteral
• The annual rent per lot currently paid is $5,000. ($5,000 X 28 = $140,000)
• The average house square footage is about 5,000 sf.
• The current average value for a leasehold interest home on these lots is approx. $2,200,000.
• After purchasing the fee interest, the average value of each home will be closer to $3,000,000
Property #ST825. Request more information
• Checker's Drive In Restaurants
• New Jersey
• Price: $605,000
• Net Operating Income: $42,395
• Building Size: 880 sf
• Cap Rate: 7%
• Property on Ground Lease?:Yes
• Year Built: 1994
• Land: 19,600 sf
• 20 Year original lease executed in 1994 and expiring in May of 2014
• Growing population in a dense area with income levels exceeding $87,000 within 3 miles
• Location, Location, Location - next to major Hospital and other retailers
• Across from Metro station
• 2 Five year options with 12% increases
• Absolute NNN Lease
• Seller will entertain all offers submitted by 6/15/2011!!!
• This is truly one exceptional opportunity to acquire a prime piece of real estate in a very established part of New Jersey.
• The subject absolute NNN investment is within walking distance to thousands of employees/pedestrians on a daily basis.
• Being within close proximity to a Hospital as well as being across from the major Metro station, the asset should continue to be in demand for years to come.
• In the fall of 2007, a $25-million, two-and-one-half year construction program to replace the facade of the hospital got underway.
• In June 2010, the hospital was re-dedicated at a special event that coincided with its original opening in June 1965.
• This site is simply irreplaceable!
• This is a fee simple deal with 3 years remaining and a corporate guaranty.
• The demographics are super with a pop. of over 200,000 and average income of over $87k within 3 miles.
• On the major arterial of town, this investment gets excellent exposure from all sides. With tremendous signage and visiblity along with the signalized intersection, this unique investment is second to none when it comes to traffic flow. It has great access from all the major roads!
• PLEASE CONTACT US FOR 8 OTHER SINGLE TENANT DEALS. THESE INCLUDE: OLIVE GARDEN in MA, BANK OF AMERICA in CA, PNC BANK in OH, KINDERCARE in OH, ADVANCE AUTO PARTS in OH, LA PETITE in CA, HONEY BAKED HAM in GA, and a CHECKERS in NJ.
Property #ST804. Request more information
• Walgreens NNN Ground Lease
• Florida
• Price: $3,833,333
• NOI: $230,000
• Cap Rate: 6%
• Building :14,580 SF
• Lot: 0.87 Acres
• Absolute NNN Ground Lease
• Hard Corner Location
• High Traffic site - over 100,000 cars per day
• Good Demographics - over 200,000 w/in 5 miles and Avg. Income of $70,000
• Rare 5% rent increase every 5 years (starting in Year 21)
• Outparcel to Home Depot and Staples Center - other tenants McDonald's, IHOP, Applebees, etc
• This is a truly unique ground lease investment, as the overall Walgreen' s property is an assemblage of two parcels where Walgreen' s has executed a ground lease on both sites.
• The parcel available for sale includes the actual hard corner of the property, while the adjacent parcel is owned by a publicly traded Real Estate Investment Trust (REIT) which is unable to sell their property or acquire this site.
• The property is situated at a corner of lighted intersection.
• This intersection is one of the most highly traveled intersections, with over 100,000 cars per day passing the site.
• Walgreens sits on a pad to a Home Depot anchored shopping center featuring other major retailers such as Jo-Ann' s Fabrics, Staples, IHOP, McDonald' s, Applebee' s, and Perkins.
• The Southeast corner of the property is occupied by a CVS pharmacy, with a Publix anchored shopping center sitting on the Northeast quadrant of the intersection.
• Date: 1 Jun 2011 18:47:11
Property #ST802. Request more information
• McDonald's Ground Lease
• North Carolina
• Price: $1,904,000
• Building :
• Cap Rate: 5%
• Year Built: 2008
• Lot Size: 1.47 AC
• Located in a strong trade corridor with over one million square feet of retail
• Recently constructed building with 20 year lease (17.5yr remaining)
• 12% rental increases every 5 years
• Long term McDonald's ground lease situated in front of a +350,000sf power center anchored by Target, Best Buy, Ross Dress For Less, Michaels, PetSmart, Old Navy, Bed, Bath & Beyond and across the street from a +640,000sf retail development anchored by Dillards, Belks, JCPenny, Dick's, Kohl's and a 16-screen Carousel Cinema.
• Pricing is based off of 2013 rental increase.
• Seller will credit buyer the rental difference at closing.
• Located at a exit of Interstates in a growing market.
• Date 1 Jun 2011 14:03:20
Property #ST799. Request more information
• Ground Lease Opportunity!
• This is the acquisition of fee simple land under 28 leasehold residential lots in Palm Springs, CA
• The buyer of this land is in escrow to buy this land with escrow to close in about 30 days
• 10 of the leasehold owners are already in sub-contract to purchase their fee simple interest
• Sales proceeds from these 10 sales, averaging $325,000 each, will be approx. $3,250,000.
• The current escrow buyer is looking for $6,300,000 from a investor to complete the sale.
• The total resale of the 28 lots at approx. $325,000 each, will gross $9,100,000
• This is about a $3,000,000 profit
• The current escrow holder will split the profit with the investor!
• The 28 fee simple lots are estimated to be sold as follows: 10 lots within 6 weeks, and 22 within 36 months
• The amount of years remaining on the lease (about 30 years) puts a lot of pressure on home owners to buy the fee simple interest quickly
• As time goes on, the value of homes will decline if the fee simple interest is not purchased
• The investore will receive a first mortgage on the properties as colleteral
• The annual rent per lot currently paid is $5,000. ($5,000 X 28 = $140,000)
• The average house square footage is about 5,000 sf.
• The current average value for a leasehold interest home on these lots is approx. $2,200,000.
• After purchasing the fee interest, the average value of each home will be closer to $3,000,000
#ST794 Request more information
• CVS Ground Lease
• Florida MSA
• 25-Year Absolute NNN
• Lease Type: Pure Net (No Landlord Responsibilities)
• List Price: $5,673,000.
• Financing: Delivered Free and Clear
• Lease Commencement: September 2007
• Cap Rate: 5.50%
• Rent: $312,000.
• Renewals: 1st: $327,600. (5% rental increase)
• 2nd: $343,980. (5% rental increase)
• 3rd: $361,179. (5% rental increase)
• 4th: $379,238. (5% rental increase)
• 5th: $398,200. (5% rental increase)
• 6th: $418,110 (5% rental increase)
• Year Built: 2007
• Building Sq. Ft.: 13,013 (approximate)
• Land Area: 1.33 acre site
• Wed, 01 Jun 2011 08:05:23
#ST786 Request more information
• TD Bank
• NEW 20-YEAR, NNN GROUND LEASE
• Florida
• Price: $5,714,286
• Cap Rate: 5.25%
• Annual Rent: $300,000
• Average Term Yield: 6.09%
• Rent Increases: 10% every 5 yrs
• Building Size: 3,960 sf
• Land Area: .60 acres
• Rent Commencement: June 2011
• Lease Expiration: June 2031
• Lease Type: NNN Ground Lease
• LL Responsibilities: None
• Options: Four 5-year
• Guaranty: TD Bank, N.A.
• Credit Ratings: S&P: AA-, Moody's: Aa2
• Store Built: 2011, Under Construction
• Tue, 31 May 2011 12:24
#ST771 Request more information
• McDonald's Corporate NNN Ground Lease
• Price: $1,980,000
• Attractive Rental Escalations
• 20-Year NNN Ground Lease To McDonalds Corporation
• 10+ Tears Remaining
• Attractive Rental Increases During Remaining Lease Term
• Located At Highly Trafficked Intersection
• 69,796 Vehicles Per Day
• Outparcel to a plaza which is over 365,000 sf
• Dense Trade Area With Over 360,000 People Within A 5-mile redius.
• Below Market Rent
• S&P Rated "A"
• May 19 2011 14:20:23
#ST764 Request more information
• CVS Pharmacy
• FLORIDA
• Fee Simple Ground Lease
• Over 100,000 People within 5 Miles
• 25 Year NNN Lease (23 Years Remain)
• No Landlord Responsibilities
• CVS is Standard and Poors Rated "BBB+"
• Price: $2,500,000 (6% Cap)
• Tue, 17 May 2011 13:47:15
#ST757 Request more information
• CVS/pharmacy Ground Lease
• Michigan (Detroit)
• For Pricing Submit Confidentiality Agreement | 7.00% CAP
• Kohl's Ground Lease
• Submit CA for Location
• $8,905,680 | 6.25% CAP
• Mon, 16 May 2011 10:54:22