This structure provides an advantage to the tenant of predictable rent costs and usually lower increases than the overall market may offer. Each "net," or "N," represents one operating expense category that the tenant is . License: TX 0606255, CA 01391653. . A triple net (NNN) lease is one where the tenant (s) of a property take on responsibility for all operating expenses associated with a property, on top of the cost of rent. ParaSell, Inc., A Licensed Colorado Broker Lic. When a property is advertised as a NNN lease, the investor may make the purchase under the assumption that all expenses are the tenants responsibility and unintentionally incur a massive financial expenditure in the future. The tenant pays for property taxes, insurance, and maintenance of the roof, structure, and common areas of the NNN property. This Deal Includes a Value-Add Opportunity With Only 27% of the Building Occupied By NTB Tire, Thus Leaving 73% of the Buildings Warehouse and Office Space Vacant and Ready For a New Tenant, Providing For a Unique Investment. These Properties Offer Zero Management, Zero Expense and 100% Predictable Cash Flow For 30 Years With Approximately 1% Annual Increases. This site is published for residents of the United States who are accredited investors only. For Sale and Lease More details 1100 Investment Blvd 1100 Investment Blvd El Dorado Hills, CA 95762 71,516 SF . We have absolute net lease Chase banks for sale in New Jersey, Florida, Texas, Boston, New York and all over the east coast. Costco, Sams Club, Home Depot, Cheddars, Fudruckers, PF Changs, etc. This includes property taxes, insurance, and maintenance like the triple net lease. 5700 Capitol Dr - Midtown Center. But, it also includes the cost of things like replacing a roof or HVAC system or rebuilding the property . Additionally, commercial real estate brokerages offer expertise and information on all different types of agreements and investments. A new sewer line was recently installed serving 2 New [], Long history operating as a Dominos in this [], Strong Rent to Sales. This Deal Includes an Attractive Triple Net(NNN) Lease With 12.5% Rent Increases Every 5 Years and Two (2) Five Year Renewal Options, Providing For a Unique Investment For Your Portfolio. Advisory & Transaction Services | Occupier, Development Services (Trammell Crow Company), Investment Management (CBRE Global Investors), Investment Accounting & Reporting Solutions, The Way Forward: Insights on the Future of Work, Unified collaboration and communication across the national network of single tenant net lease professionals, Institutional quality marketing campaigns, Unsurpassed proprietary buyer/advisor database developed over 10 years of exclusive single tenant investment sales, Speed to market via proprietary cutting edge technology, Individual web-based property sites with secure due diligence access, Credibility and reliability which been earned by CBRE over a century of uncompromising integrity and honesty. Absolute Investment Realty has been selected as the exclusive At Avison Young, we know net lease. Occasionally, these properties contain tenants with net leases. #9004706 BoR: Max Freedman Lic. By clicking the button above, you are indicating that you have read, understood, and agree to LoopNet's Terms and Conditions. Investment Realty has been selected as the exclusive representative Sands Investment Group is Pleased to Present For Sale the Valero & Bigs Absolute NNN Located in Diboll, Texas. Lowe's operates under a NNN Ground Lease with a twenty (20) year base lease term with . The absolute net lease, also known as a bondable lease, adds every other financial risk of the space to the tenant . of the owners of this newly remodeled property. of the propertys major operating expense categories, usually property taxes and insurance. Even in the case of a property loss, the tenant is responsible for the cost of rebuilding if insurance coverage is insufficient. This agreement completely relieves the property owner or investor of all financial obligations. This investment offering is an opportunity to acquire 8720-8810 SE Sunnybrook Blvd - NNN Property. Receive your handpicked investment opportunities tailored to your needs. in NNN charges. Key Differences Between Triple Net and Absolute Net Leases, In an absolute net lease structure sometimes referred to as a bondable lease or absolute NNN lease the tenant is responsible for. This trade area contains the highest concentration of office apartment units. Sign up for our email list today. oriented shopping center located in the heart of the North I-25 Corridor in GCT Commercial Services, LLC, dba, NNN Deal Finder is a licensed real estate broker. This risks blindsiding the tenant later on with a hefty roof or structural repair bill. All Rights Reserved. Receive new net lease property listings, insights and opportunities delivered to your inbox weekly. NNN Deal Finder is helping investors find stable, long-term NNN Lease investments from reputable brands with less risk and more reward. costs associated with operating the property including those associated with repairing/rebuilding a property in the event of a loss or condemnation. An absolute net lease, absolute triple net lease or absolute NNN lease property is a lease in which the tenant is paying the landlord a lumpsum of monthly rent but also pays for all expenses of the property and daily operations of the business. FL #BK3369953, In Cooperation With Sands Investment Group Austin, LLC Lic. This means that the tenant (not the landlord) is responsible for: Absolute net lease assets are an excellent alternative cash flow option for investors. If you are looking to buy, our team will combine your criteria with our knowledge to find you the ideal net lease investment. Ask us any question; come to us for anything. From there, Brendan transitioned to the Indianapolis office of CB Richard Ellis, where he specialized in representing landlord and tenants in leasing retail space, as well as representing buyers and sellers of net leased retail and shopping center property. DE #RB-0031000. CALIBER COLLISION | LONG TERM ABSOLUTE NET LEASE; Street View. Browse thousands of CBRE properties for sale. However, it has also been used in single family residential rental real estate properties. When it does, they must perform their own, independent of the private equity firm to ensure that the opportunity is a good fit for their own investment objectives, risk tolerance, and. frontage was updated with new windows and awning Security System with Get this guide to learn about the most popular fast-food chain restaurant options. mezzanine The building has an open floor but can be demised into 2 spaces The 2,820 square foot bank building on an efficient, full access half acre parcel. Tenant Name 24 Hour Fitness 7-Eleven 99C Only Stores A&W Aarons Advance Auto Parts Advanced CareMedical AFC Urgent Care Albertsons ALDI Applebees Arbys Arco AT&T Autozone B.P p.l.c Bank of America Bank of the West Bass Pro Shops BB&T Bank Bed Bath & Beyond Best Buy Big Lots Bob Evans Restaurants . IL #471021429. and the absolute net lease. By the end, readers will have a thorough understanding of net leases and will be able to put this knowledge to use as part of their commercial real estate investment due diligence process. The Lease Reserves of RNL Are Over 10 Times the Projected Liability of the Net Present Value Liability of the Lease. Interested in commercial real estate investment? This NNN 7655 Winchester Avenue offers a brand-new town center opportunity of pad and outparcels sites available from 1,200 square feet up to 14,000 square 4501 E McDowell Road is a net leased showroom warehouse facility in Phoenix, Arizona. used as an Italian restaurant. is one of the countrys leading private equity commercial real estate investment firms. Triple net lease real estate for sale. representative of the owner of the Cinema Center a destination dining Sands Investment Group is Pleased to Present For Sale the Safeway Supermarket Absolute Net Lease Located in Auburn, California. Sands Investment Group is Pleased to Present For Sale the SQRL Gas Station and C-Store Absolute NNN Asset Located in Searcy, Arkansas. and Fortuna Rd. Sands Investment Group is Pleased to Present For Sale the 2 Unit Jiffy Lube Portfolio Located in Chicago, Illinois. The 40x6 storage We conduct research for a variety of sectors and stay up-to-date on cap rates and the happenings in the marketplace. July 13, 2021 What is an Absolute Net Lease Property? In Cooperation With ParaSell, Inc. , A Licensed Ohio Broker Lic. This Has Been Verified By an Actuarial Study Conducted By the Respected Risk-Management Firm, Milliman. Brendan started his career at an Indianapolis based office/industrial developer, Citimark Management, Inc. in 2004. In a triple net lease, it is the tenants responsibility to pay for all costs associated with property taxes, insurance and maintenance. The advantage for the owner of a property leased with an absolute net lease is that you can usually predict the ROI (Return on Investment) for the asset while maintaining reasonably low risk. Own Absolute Net Lease properties with No Landlord Responsibilities allowing you to own properties anywhere in the United States. From the moment you have your first call with us, all the way through to providing monthly property updates. CBRE Net Lease Properties is a select team of senior level CBRE Capital Markets professionals that specialize in the sale, purchase and recapitalization of single tenant net leased properties throughout the United States. up doors, one with a loading dock as well as double doors The 40 x 6 storage There is a certain subset of investors who want the benefits of owning commercial real estate assets, but not the hassle of actually managing them. Absolute Triple Net Properties Types of net leases There are standard names in the commercial real estate industry for different sets of costs passed on to the tenant in a net lease, Double net ( nn lease) and triple-net leases ( nnn lease) are more common forms of net leases. Therefore, a response to a request for information may be delayed until appropriate registration is obtained or exemption from registration is determined. of the propertys major operating expense categories, usually property taxes. #481013714 BoR: Andrew Ackerman Lic. We transacted over $5.5 billion in net lease sales last year. floor kitchen and 730 SF of 2 Download The Guide To Net Lease Properties. #1768950, Read AdditionalThought Leadership ContentFrom SIG, Specializing in Absolute Triple Net Lease Opportunities. Property is directly off Louisiana just south of Central, this property is in an easily accessible location from all directions. 8949 N Deerbrook Trl - Brown Deer Personal Warehouse. Lease Type: N/a Storefront Example NNN Dollar General Fernandina Beach, FL $2,215,311 2019 Build to Suit Construction - 9,100 SF [] Status: Available CAP: 4.65% Years Left: 11.9 Lease Type: N/a Storefront Example NNN Pep Boys Tallahassee, FL $2,060,000 Scheduled Rent Increase Set in 2024 | 7.7% [] Status: Available CAP: 5.00% Years Left: 7.3 Fortunately, there are a number of commercial property investment options available to meet this preference. All properties and information is deemed accurate and reliable but not guaranteed and should be independently verified. Sands Investment Group is Pleased to Present For Sale the Pure Taqueria Absolute NNN Located in Birmingham, Alabama. But with residential real estate, theres a big problem. uses. We are informing, empowering, and connecting investors to the most reliable NNN Properties For Sale, that generate passive income month after month. Start a new search to find more NNN Properties or other commercial listings on LoopNet.com. With an intentional focus on finding world-class, multi-tenanted assets well below intrinsic value, we seek to create superior long-term, risk-adjusted returns for our investors while creating strong economic assets for the communities we invest in. The triple-net lease is well suited to sale/leasebacks as a way to transition the selling company from having absolute control over its surroundings to a situation where it merely is a "lessee." Despite the emotional response that may be generated by the change in status, the sale/leaseback provides a number of advantages to both seller and buyer. The space was formerly 1000 . All Rights Reserved. The main different from absolute NNN leases and absolute NNN ground leases is the ground leases involve the land, or ground. mezzanine. Interested in commercial real estate investment? ft. newly constructed Bojangles Restaurant with 15 year lease. In a gross lease sometimes called a full service lease the tenant pays one monthly rental amount and the landlord pays all of the operating expenses. Texas Properties For Sale By Owner (FSBO) with Tenant Leaseback Absolute Net Master Lease with Option to Buyback . Property is directly off Louisiana just south of Central, this property is in an This fantastic is located just north HWY-528, on 560 Blanding Blvd, Orange Park, Florida 32037, 1295 Madison Ave, New York, New York 10128, 100 Cabela Boulevard, Scarborough, Maine 04074, 1479 Newman Avenue, Seekonk, Massachusetts 02771. Recent Renovations: Subject property [], New High-Quality 2020 Construction. In another scenario, and because NNN lease is a more popular phrase than absolute net lease, the property may be listed as a NNN lease when the terms describe an absolute net lease. Excellent [], The Property is located near an exit and [], Eight Percent Rental Increases Every Five Years. storage on the east side 2 bathrooms (non ADA) New LED Monument The Net Lease Means Zero Responsibility For Taxes, Insurance, Maintenance, Utilities, Vacancy, Renovation, Leasing Costs, Property Management, Asset Management, Appliance Replacements or Capital Improvements. Sands Investment Group is Pleased to Present For Sale the GPM Investments 3,200 Unit Operator C-Store Located in Cedar Springs, Michigan. The heating and cooling system have been upgraded to HVAC In 2017 the We provide unbiased advice, analysis, and execution capabilities for alternative capital solutions for corporately owned and occupiedreal estate. NNN leases are typically longer-term for commercial real estate properties and have initial terms that begin at 10 years or more. This Deal Includes a 19 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities With Attractive Strong 3% Annual Rent Increases, Providing For a Secure Investment. But, tenants may not appreciate the higher rents and property owners are exposed to the risk of rising operating costs that they cant pass through to the tenant. Quick service restaurants and the growing retail healthcare sector also gravitate toward this lease type. Team members are committed to providing institutional quality service to their clients with flexibility and speed through collective team experience and relationships while sharing proprietary real-time market information and technology. Renewal Options: 8 x 5 Years. This Deal Includes an Absolute Triple Net (NNN) Lease With 18+ Years Remaining and Zero Landlord Responsibilities With Attractive Rent Increases, Providing For a Secure Investment. Sands Investment Group is Pleased to Present For Sale the Cummins Sales and Services Absolute Triple Net Industrial Lease Located in Hubbard, Ohio. In Cooperation With Sands Investment Group North Carolina, LLC Lic. nd floor storage & office. Although subtle, these differences have an impact on the risk profile of a real estate investment and investors should study them closely to ensure an investment is a good fit for their risk profile and investment objectives. These leases include, are often confused with absolute net leases and making a discernible distinction is integral to understanding your, In a NNN lease, the tenant is responsible for taxes, insurance, and general building maintenance, and the landlord or investor is removed from. In it, the tenant pays base rent plus some portion of the propertys operating expenses. The center is known as a destination for neighborhood shopping and An absolute net lease, absolute triple net lease or absolute NNN lease property is a lease in which the tenant is paying the landlord a lumpsum of monthly rent but also pays for all expenses of the property and daily operations of the business. This 7,500 square foot retail building is located at 482-490 Branson Landing Blvd - NNN Property. FNRP. This Deal Includes Two High Performing Properties With Absolute Triple Net (NNN) Leases With Zero Landlord Responsibilities, Providing For a Unique Investment. these leases are usually very long-term (50-100 Years) and if the tenant ever defaults or the lease expires, then the landowner then assumes ownership of the building on their land as well. The tenant then becomes the owner of this new building and is responsible for expenses and costs. The building has an open floor but can be demised into 2 spaces. HAJOCA | Santa Fe, NM. In a NNN lease, the tenant is responsible for taxes, insurance, and general building maintenance, and the landlord or investor is removed from almost all of the financial obligations. In an absolute net lease, the tenant is responsible for all costs associated with operating the property including those associated with repairing/rebuilding a property in the event of a loss or condemnation. With an intentional focus on finding world-class, multi-tenanted assets well below intrinsic value, we seek to create superior long-term, risk-adjusted returns for our investors while creating strong economic assets for the communities we invest in. units Fresh stucco was added 3 months ago The building offers two bay roll At First National Realty Partners, our investment focus is on grocery store anchored retail properties. But, it also includes the cost of things like replacing a roof or HVAC system or rebuilding the property in the event of storm damage. If you receive a text message and choose to stop receiving further messages, reply STOP [2] Single net lease (N) CBRE Net Lease Properties is a select team of senior level CBRE Capital Markets professionals that specialize in the sale, purchase and recapitalization of single tenant net leased properties throughout the United States. Realized Financial is a subsidiary of Realized Holdings, Inc. ("Realized"). Raydeo Enterprises Will Sign a Brand New 5 Year Lease With Two (2) 5 Year Options and 1% Annual Increases at Close of Escrow. Investors and tenants can avoid confusion between NNN leases and absolute net leases by performing ample research on the different types of leases. Receive a Custom NNN Properties List and Find Your Investment. The tenant (previous owner) knows the building history and may be comfortable accepting the responsibility for future repairs on that basis. #BoR: Tom Gorman Lic. 10 Percent Rental Increases [], Strong fundamentals below market rent in strong [], There are many reasons an investor may wish to convert an investment, Have you ever wondered whether buying raw land with a 1031 exchange, If youre an investor or property owner in a 1031 exchange, you. WE MAKE IT PERSONAL In Cooperation With Sands Investment Group Arkansas, LLC Lic. This is why it is called a triple net lease. Two-Property Absolute Net Leased Investment-Grade Medical Office Portfolio Net Lease | Building Size: 19,657 SF | Land Area: 2 ac . Copyright 2023. Sunnybrook Ridge, located at 8720 South East Sunnybrook Boulevard, is an opportunity to acquire a mixed-use investment in Clackamas, Oregon. This property is located at the hard corner of Coors Blvd. View our current inventory of net lease properties, our inventory is updated daily so be sure to sign up for property updates. In addition, they must continue paying rent in the event that a property is condemned. Rent Commencement Date: November 29, 2022. The property 19330 Leitersburg Pike presents an unmatched opportunity to acquire a highly visible freestanding retail building in Hagerstown. Sands Investment Group is Pleased to Present For Sale the Walgreens Absolute NNN Asset Located in Covington, Tennessee. The absolute net lease is a variation of a triple net lease. Fresh stucco was added 3 months ago. Flying Star Anchored, Acequia de Corrales Shopping Center in the busy We know net lease better than anyone. Alternative investments have higher fees than traditional investments and they may also be highly leveraged and engage in speculative investment techniques, which can magnify the potential for investment loss or gain and should not be deemed a complete investment program. . These investments guarantee that there is money flowing each month. is headquartered in Boise, ID Albertsons Companies is one of the largest food and drug retailers in the United States, Albertsons Companies, Inc. operates under 20 well-known grocery store banners including: Albertsons, Safeway, Vons, Jewel-Osco, Shaws, Acme, Tom Thumb, Randalls, United Supermarkets and Pavilions, Albertsons Companies reported $69.69 billion in the fiscal year of 2020, which is an 11.6% increase over the previous year ($62.45 billion); In June of 2021, Moodys upgraded Albertsons Companies, Inc.s and Safeway Inc.s existing senior unsecured notes to Ba3 Albertsons probability and default rating was upgraded to Ba2, Albertsons Companies is one of the largest retail employers in the United States today, providing approximately 270,000 jobs; Albertsons home delivery services are available in 11 of the top 15 U.S. markets today (Auburn, CA included), Absolute Triple Net (NNN) Property With Zero Landlord Responsibilities, Walgreens Co. (NYSE: WAG) is a S&P Investment With Grade Credit Rating of BBB; Subsidiary of Walgreens Boots Alliance Inc. (NASDAQ: WBA) Which Features Annual Revenues in Excess of $117 Billion, Long Term Lease With 8 Years Remaining on the Original 75-Year Lease, Including Equity Method Investments, Walgreens Boots Alliance Has a Presence in More Than 25 Countries, Employs More Than 440,000 People and Has More Than 18,750 Stores, Located on a Hard Corner Location With Over 22,000 VPD on the Highway 51 North, Located in a Dense Retail Corridor With Nearby Tenants Including: Kroger, Tractor Supply Company, OReilly Auto Parts, Krystal, Dollar Tree, McDonalds, Wendys and More, Approximately 18 Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Lease Features 3% Annual Rent Bumps and 4 x 5 Year Options, High Performance Operator Doing Over $25 Million in Revenue and Continuing to Grow Their Number of Locations, Gas Stations Offer Increased Depreciation Expenses, Strong Operator; Robust Annual Financials Available Upon Request, Located on Main Avenue Which is a Nationally Registered Historic District That Cuts Through Downtown Durango and is Home to Galleries, Boutiques, Restaurants, Bars and Other Businesses, Excellent Demographics Showing Population Growth and a Strong Average Household Income of Over $100,000 Within a 2-Mile Radius of the Property, High Traffic Exposure From the Intersection of Main Ave, E Park Ave and W 17th St That Sees Approximately 11,000 VPD, Store is Strategically Located on a Hard Corner of Intersection With Multiple Points of Ingress/Egress, Site Has 4 MPDs and Multiple Parking Spaces, Lease Features Attractive 3% Annual Rent Bumps and 4 x 5 Year Options, Only a Few Blocks From Main Avenue Which is a Nationally Registered Historic District That Cuts Through Downtown Durango and is Home to Galleries, Boutiques, Restaurants, Bars and Other Businesses, Absolute Triple Net (NNN) Leases With Zero Landlord Responsibilities, Both Properties Have Recently Gone Through Re-Imaging, New Pumps, LED Lighting and Remodeling, Recession, Pandemic and Internet Resistant; Many Gas Station Businesses Continued to Grow Even During the Covid-19 Pandemic and Have Shown Strong Profitability, The West Memphis Amoco Does Approximately $90,000/Month of Inside Sales and 50,000 Gallons/Month Outside Sales; The North Little Rock Conoco Does Approximately $80,000/Month of Inside Sales and 50,000 Gallons/Month Outside Sales, Properties Are Located on Highway 70; A Major Thoroughfare Providing Access In and Out of Memphis and Little Rock, Respectively, Strong Traffic Counts West Memphis Sees Over 18,000 VPD and North Little Rock Sees More Than 15,000 VPD, Multiple Points of Ingress/Egress on Both Properties, 19 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Operator Has Approximately 139 Stores and is Doing Over $100 Million in Fuel Revenue, Located Within 1-Mile From the Center of Beebe and Beebe High School, STRONG TENANT PROFILE (139 Units); The Lease is Corporately Signed By the Parent Company With 139 Locations Currently and an Robust Acquisition Pipeline of Over 50 Other Locations CorporateFinancials Available Upon Request, Tenant in Process and Just Invested Over $150,000 Remodeling the Canopy, Pavement, Interior and Exterior of the Site to Their Proprietary Brand SQRL, Gas Stations Offer Increased Depreciation Expenses*Consult Your CPA, Tenant is Corporately Headquartered in the State of Arkansas, Making This a Strategic Position to Be Located, Multiple Housing Developments Surround the Property, High Traffic Exposure on Center Street Seeing Around 11,000 VPD, Nearby Tenants Include: Walmart, McDonalds, Hardees, Sonic, Tractor Supply Co., Dominos and Dollar Tree, Lease Features 3% Annual Rent Bumps and 4 x 5 Year Options Operator Has Approximately 139 Stores and is Doing Over $100 Million in Fuel Revenue, STRONG TENANT PROFILE (139 Units); The Lease is Corporately Signed By the Parent Company With 139 Locations Currently and an Robust Acquisition Pipeline of Over 50 Other Locations Corporate Financials Available Upon Request, Tenant in Process, Just Invested over $150,000 Remodeling the Canopy, Pavement, Interior and Exterior of the Site to Their Proprietary Brand SQRL, Gas Stations Offer Increased Depreciation Expenses *Consult Your CPA, Located Within 5-Miles From the Center of Searcy, Nearby Tenants Include: Walmart, Pizza Hut, Popeyes, Dollar Tree, Taco Bell and Sonic, 19 Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, STRONG TENANT PROFILE (139 Units); The Lease is Corporately Signed By the Parent Company With 139 Locations Currently and an Robust Acquisition Pipeline of Over 50 Other Locations Corporate Financials Available Upon Accepted Offer, Multiple Housing Developments and Large Industrial Properties Surround the Location, Located Less Than 2-Miles From Russellville High School Which Has Over 1,100 Students, Store is Strategically Located on a Hard Corner of Intersection With Easy Ingress/Egress, High Traffic Exposure From the Intersection of Elmira Avenue and East 16th Street That Sees Roughly 11,500 VPD, Absolute Triple Net (NNN) Lease Offers the Opportunity For a Truly Passive Investment With Zero Landlord Responsibilities, Cummins (NYSE: CMI) Has an A+/A2 Credit Rating With an Annual Revenue of $24.02 Billion Dollars, The Tenant Has Been Operating Out of This Location Since 1974 Showing a Long-Term Commitment to This Site, Low Rent Deal Providing a Safe and Stable Investment, Tenant Has Made Significant Investments Into the Property Over Recent Years, Excellent Freeway Frontage With the Property Being Visible to More Than 35,200 VPD Along Interstate 80, Situated Immediately Off Interstate 80, a Major East-West Interstate Highway, Connecting Hubbard to Major U.S. Markets Including New York and Chicago, 43,428 Residents Within a 5-Mile Radius, Located in the Youngstown Metro Area, Surrounded By Numerous Travel Centers, Truck Terminals and Truck Services Facilities Including: W.W. Williams, ABF Freight, Loves Travel Centers and Flying J Travel Centers, National Retail Concepts Nearby Include: Burger King, Arbys, McDonalds, Dunkin Donuts and More, Lease Features 3% Annual Bumps With 4 x 5 Year Options, Located One Hour From Little Rock, the Capital of Arkansas, STRONG TENANT PROFILE (139 Units); The Lease is Corporately Signed By the Parent Company With Over 139 Locations Currently and an Robust Acquisition Pipeline of Over 50 Other Locations Corporate Financials Available Upon Request, Extremely Limited Competition in the Area, Within 6-Miles of Three Different Schools: Nemo Vista Elementary School, Nemo Vista Middle School and Nemo Vista High School, BBB+ Rated Tenant Under 30-Year Absolute Net Lease, Net Lease Diversification Opportunity From Retail or Office, 1.5x to 2.0x Greater Residual Value Than Many Other Net Lease Options, 43% Higher Depreciation Deductions = 40% Lower Tax = 60bps Pre-tax Equivalent Cap Rate Benefit, Great Option For Back-Up, Park, or Boot 1031 Trades, Investment Grade Tenant (Rated By NRSRO) Capview Residential Net Lease, LLC Holds Reserves to Support its Net Lease Payment Obligations Across its Portfolio No Matter the Underlying Performance of Any Individual Asset, Lease For Both Sites Feature Identical Terms, Providing an Opportunity For Symmetrical Diversification, Both Lease Options Have Been Exercised For an Additional 10 Years With a 10% Rental Increase, Effective April 2023, Long Operating History and Recent Extension Solidify Tenants Commitment to the Site, Both Located in Suburbs of Chicago, Illinois MSA Which Offers Strong and Stable Demographics, Preferable Retail Presence Surrounds Both Sites, With Many Neighboring National Tenants, Strong Guarantee From TEAM CAR CARE, LLC, Jiffy Lubes Largest Franchise Operator, at Over 550 Active Units, High Traffic Counts Support Both Sites, With Full Access From Their Respective Streets, Jiffy Lube, is By Far, the Most Well Known and Established Quick Lube Concept in the Nation, 14.2 Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, 2% Annual Rent Increases With 4 x 5 Year Options, Established Operator of Convenience Stores in Louisiana and Texas That Currently Operates 40+ Locations, Located Along Main Corridor With Traffic Counts of 27,899 VPD Along North Temple Drive, Excellent Visibility and Multiple Points of Access From North Temple Drive and North Hendrick Avenue, Select Neighboring Tenants Include: Jack in the Box, Dollar Tree, Sonic, Churchs Chicken, Dairy Queen, as Well as Several Local and Community Businesses and Org, Value-Add Warehouse: This Property is 35,899 SF Total in Size; Only 27% of the Building is Occupied By NTB Tire, Thus Leaving 73% of the Buildings Warehouse and Office Space Vacant and Ready For a New Tenant, The Value-Add/Unoccupied Portion of the Building Includes a 17,177 SF High Ceiling Box-Shaped Warehouse Space, Plus an Additional 9,100 SF of Office Space, New 5-Year Lease Extension: NTB Tire is a Corporate and Nationally-Recognized Tire Dealer; NTB Occupies 9,622 SF of Retail Space, Including 15 Service-Bays With Frontage on Lejeune Boulevard, Please Reach Out to Broker For More Information, Floor Plan or to Schedule a Property Tour, 11+ Years Remaining on a Triple Net (NNN) Lease With Two (2) Five (5) Year Renewal Options and 12.5% Rental Increases Every 5 Years, Connected Cannabis Offers High-Quality Cannabis By Developing Different Cultivation Techniques to Create the Strains They Are Now Best Known For in the California Market, AlienLabs is Well-Known For Its Flower Strains With a Focus on Top-Shelf, Exotic, Indoor Cannabis; As One of the First California Cannabis Brands, AlienLabs Has Established a Reputation For Pushing Quality to New Heights in Cannabis and Takes Pride in Creating New, Unique Strains With a Menu Where Each Strain is Distinct, No Immediate Plans For the Vacant Space, However There is Potential to Turn The Space Into Residential or a Restaurant; Currently the Tenant is Using the Space, San Francisco is the 4th Largest City in California With a Population of 887,711 and Growing, 5 Minutes (1.2-Miles) to Interstate 280; 25 Minutes (5.4-miles) to Interstate 80; 7 Minutes (2.9-Miles) to State Route 101, 16 Minutes (11.7-Miles) to San Francisco International Airport; 22 Minutes (5.4-Miles) to Downtown San Francisco, 52 Minutes (18.7-Miles) to The University of California-Berkeley; 9 Minutes (2.6-Miles) to San Francisco State University, Excellent Proximity to Pier 70, a $3 Billion Redevelopment of the Historic Site Calls For the Construction of Nearly 2,150 Residential Units, Around 1.7 Million Square Feet of Office Space, Up to 240,000 Square Feet of Retail, Arts, and Light Industrial Space, and 9 Acres of New Parks and Open Space, Major Corporations Like Twitter, Charles Schwab, Airbnb, Salesforce, Square, Lyft, Morrison & Foerster, and Uber Reside in San Francisco, 1 Minute (0.6-Miles) to Interstate 575, 22 Minutes (23-Miles) to Interstate 75 and 32 Minutes (35.2-Miles) to Interstate 285, 5 Minutes (1.8-Miles) to Cherokee County Regional Airport, 50 Minutes (55.7-Miles) to Hartsfield-Jackson Atlanta International Airport and 44 Minutes (45.8-Miles) to Downtown Atlanta, GA, 1 Hour 23 Minutes (83.4-Miles) to GA/TN State Line; 1 Hour 23 Minutes (82.8-Miles) to GA/NC State Line, Excellent Proximity to Cherokee 75 Corporate Park Which Has 172 Acres Zoned For Light Industrial and Canton Cherokee Industrial Park, Master-Planned Light Industrial Targeting Corporate or Regional HQ, Advanced Manufacturers and Data Centers, Key Industries in the Ball Ground Region Include: Healthcare, Construction, Professional, Scientific and Technical Services, The Largest Employers in the Ball Ground Metropolitan Area Include: Charbonneau Industries Inc, Hydro-Chem, E2 Resources, Cross Technologies, Inc., Bodacious Foods and Royston, Cherokee County Regional Airport is Scheduled For Additional Expansion, Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Brand New Long Term 15 Year Lease With 1.75% Annual Increases, PURE Taqueria is Consistently Rated Among the Best Upscale Mexican Restaurants in Georgia With 7 Locations and System Wide Sales of Over $20 Million, Operated By the Franchise Founder and Concept, Developer Possessing Over 45 Years of Restaurant Experience, Phenomenal Operator With Decades of Experience and Dozens of Locations, Absolute Triple Net (NNN) Lease Zero Landlord Responsibilities, Long-Term Passive Investment With Over 21 Years Remaining on the Lease This Opportunity Serves as the Ideal 1031 Exchange Asset, Corporate Guarantor Red Lobster Was Recently Acquired By Thai Union Group, a Multi-Billion Dollar International Corporation, That Has Seen Year Over Year Profit and Revenue Growth Since the Acquisition, Excellent Retail Synergy and Positioning Located Directly Across the Street From Concord Mall; This Property Sees Tremendous Traffic Counts of Over 51,200 VPD, Attractive Rent Escalations The Rent on This Asset Increases By 2% Annually, Providing the Investor With a Strong Hedge Against Inflation, Red Lobster is the Worlds Largest Seafood Restaurant With Over 700 Locations Worldwide, Proven Commitment Red Lobster Has Been Operating at This Site Since 2012 and Has Shown Further Commitment to the Site With Renovations, National Tenants in the Area Chick-fil-A, Olive Garden, Wawa, Giant, Courtyard Marriott, CVS Pharmacy, Target and Trader Joes, Absolute triple net (NNN) lease with zero landlord responsibilities and approximately 13 years of term left, Lease features a corporate guaranty from GPM Investments, LLC, Offers 2% annual bumps and 4 x 5 year options, GPM Investments, LLC operates or supplies sites in 33 states; as the 6th largest convenience store chain in the country, they have ~3,200 locations comprising ~1,400 company-operated stores, ~121 proprietary cardlock locations and ~1,660 dealer sites to which they supply fuel, Strategically located on a hard corner of an intersection in the center of town, Multiple points of access for easy ingress/egress, Site located less than 1-mile from Interstate 131, which sees nearly 36,000 VPD, Property is 22-miles from Grand Rapids, MI which is the second largest city in the state by population, Site benefits from close proximity to elementary and high school, Near by tenants include: Taco Bell, McDonalds, Culvers, OReilly Auto Parts, Tractor Supply Co, Supercuts, Rite Aid and Goodwill, Strategically located off of Marshall Street, a main corridor into the town center that sees over 13,000 VPD, Located approximately 1.5-miles from downtown Allegan, MI, Near by tenants include: Dollar Tree, McDonalds, Allegan hospital, Pizza Hut, Wendys and Taco Bell. 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