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ARKO

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NNN Pro is pleased to present the exclusive listing for an Arko C-Store / Gas Station located at 816 England Street in Ashland, VA. The site consists of roughly 2,561 rentable square feet of building space on estimated 0.67-acre parcel of land. This ARKO is subject to a 20-year absolute triple-net (NNN) lease, which commenced October 18, 2021. The current annual rent is $161,696 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.

✓ Long-Term, Absolute Triple Net (NNN) Lease
✓ Approximately 17+ Years Remaining
✓ Two Percent (2%) Annual Rental Increases
✓ Six (6), Five (5)-Year Tenant Renewal Options

Bob Evans

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Bang Realty is pleased to present the exclusive listing for a Bob Evans located at 510 Commerce Drive, in Bluefield, Virginia. The site consists of roughly 5,230 rentable square feet of building space on estimated 0.98-acre parcel of land. This Bob Evans is subject to a 20-year absolute triple-net (NNN) lease, which commenced July 24th, 2023. The current annual rent is $180,405 and is scheduled to increase 2% annually starting on May 1st 2027 and throughout the base term as well as in each of the 4, 5-year renewal options.

 Long-Term, 20-Year Absolute Triple Net (NNN) Lease
 Two Percent (2%) Annual Rental Increases Starting May 1st 2027
 Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
 Corporate Guarantee From Bob Evans Restaurants, LLC (440+ Corporate Locations)
 Tenant Recently Extended the Base Term to 20 Years Proving Their Commitment to the Location

Burger King

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NNN Properties, LLC is pleased to present this exclusive listing for a Burger King located at 1005 Bill Truck Highway in South Boston, VA. The subject property consists of roughly 3,472 square feet of building space on approximately a 1.09-acre parcel. This investment opportunity is subject to a 20-year Triple-Net (NNN) lease, which has 13 years remaining. The annual rent is $109,125 and is scheduled to increase by two percent (2.00%) annually continuing throughout the base term and four, five-year tenant option periods.

✓ Long Term Lease | 13 Years Remaining on an Original 20-Year Lease
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Operated by Carrols Restaurant Group, one of the Largest Restaurant Companies and Franchisee’s in the United States
✓ Attractive Rental Increases of 2.00% Annually
✓ Four (4) Tenant Renewal Periods of Five (5) Years Each

Flagstop Car Wash

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NNN Pro is pleased to present the exclusive listing for a Flagstop Car Wash located at 4810 Nine Mile Road in Richmond, Virginia. The site consists of roughly 4,392 rentable square feet of building space on an estimated 1.13-acre parcel of land. This Flagstop is subject to a 20-year absolute triple-net (NNN) lease, which commences upon the close of escrow. The current annual rent is $350,000 and is scheduled to increase by 1.50% annually throughout the base term and in each of the 4, 5-year renewal options.

About the Investment:

✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Rent to Commence Upon Close of Escrow
✓ One and One-Half Percent (1.50%) Rental Increases Occurring Annually
✓ Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years

Flagstop Car Wash

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NNN Pro is pleased to present the exclusive listing for a Flagstop Car Wash located at 9486 West Broad Street in Henrico, Virginia. The site consists of roughly 4,392 rentable square feet of building space on an estimated 1.13-acre parcel of land. This Flagstop is subject to a 20-year absolute triple-net (NNN) lease, which commences upon the close of escrow. The current annual rent is $350,000 and is scheduled to increase by 1.50% annually throughout the base term and in each of the 4, 5-year renewal options.

About the Investment:

✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Rent to Commence Upon Close of Escrow
✓ One and One-Half Percent (1.50%) Rental Increases Occurring Annually
✓ Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years

Go Car Wash

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The NNN Pro Group is pleased to present the exclusive listing for the Go Car Wash located at 6100 Nine Mile Rd, Richmond, VA 23223. The site will consist of roughly 4,200 rentable square feet of building space on estimated 0.66-acre parcel of land. The Go Car Wash is subject to an absolute triple-net (NNN) lease that commenced on 12/01/2021. The initial annual rent is $135,603 and is scheduled to increase by 1.50% annually throughout the base term and continuing through 5, 5-Year Options.

About the Investment:

✓ Long-Term, 20-Year Absolute Triple Net (NNN) Lease
✓ Approximately 17 Years Remaining
✓ 1.50% Rental Increases Occurring Annually
✓ Five (5), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 45 Years
✓ This Property Qualifies for 15-Year Accelerated Depreciation as well as Bonus Depreciation

Hardee’s

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NNN Pro Group is pleased to present the exclusive listing for a Hardee’s located at 105 N Mechanic Street in Franklin, VA. The site consists of roughly 3,336 rentable square feet of building space on estimated 0.67-acre parcel of land. This absolute triple-net (NNN) lease was recently extended by 10 years in August 2023. The current annual rent is $80,000 and the landlord has received an average of $25,164 in additional percentage rent over the past three years. The tenant has 4, 5-year renewal options.

✓ Newly Extended 10-Year Absolute Triple Net (NNN) Lease
✓ Five and a Half Percent (5.50%)of Annual Sales in Percentage Rent
✓ Recent 2023 Remodel of the Location | Tenant Covered All Costs Showing Strong Commitment
✓ Full Franchisee Guarantee from Boddie-Noell Enterprises, Inc. – The Largest and Oldest Franchisee in the Hardee’s System Of The Nation’s Largest Pizza Hut Operators
✓ Tenant Reports Strong Sales Above the National Average for Hardee’s

Red Lobster

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NNN Pro Group is pleased to present the exclusive offering for a Red Lobster located at 2121 E Market Street, in Harrisonburg, VA. The site consists of roughly 6,170 rentable square feet of building space on an estimated 0.93-acre parcel of land. This Red Lobster is subject to a long-term, absolute triple-net (NNN) lease, which commenced July 28, 2014. The current annual rent is $159,7811 and is scheduled to increase by 2.00% annually throughout the remainder of the base term and in each of the four (4), five (5)-year tenant renewal options.

About the Investment:

✓ Long-Term, Absolute Triple Net (NNN) Lease
✓ Over 20 Years Remaining on the Base Term
✓ Attractive Two Percent (2%) Annual Rental Increases
✓ Four (4), Five (5)-Year Tenant Renewal Options
✓ Red Lobster Corporate Guarantee (700+ Restaurants)

Red Lobster

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NNN Pro Group is pleased to present the Red Lobster located at 8009 West Broad Street in Richmond, VA. The site consists of roughly 8,417 rentable square feet of building space on an estimated 1.67-acre parcel of land. This property is subject to an absolute triple net (NNN), which expires on July 31, 2039. The rent is scheduled to increase by 2% annually every and in each of the option periods.

✓ Long-Term, 25-Year Absolute Triple Net (NNN) Lease | Over 15 Years Remaining
✓ World’s Largest Seafood Restaurant | Serving Customers in 11 Countries
✓ Corporate Guaranty | Over 640 locations in North America
✓ Strong Inflation Hedge | Attractive 2.0% Annual Increases
✓ Ideal Demographics | Population Exceeds 577,700 Within a Ten-Mile Radius
✓ Prime Location | Several Anchor Tenants | Lowe’s, Kroger, Costco, Sams Club, Publix

Red Lobster

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NNN Pro Group is pleased to present the exclusive offering for a Red Lobster located at 119 Temple Lake Ave in Colonial Heights, Virginia. The site consists of roughly 8,412 rentable square feet of building space on an estimated 2.07-acre parcel of land. This Red Lobster is subject to a long-term, absolute triple-net (NNN) lease, which commenced February 14, 2017. The current annual rent is $301,8951 and is scheduled to increase by 2.00% annually throughout the remainder of the base term and in each of the four (4), five (5)-year tenant renewal options.

✓ Long-Term, Absolute Triple Net (NNN) Lease
✓ Over 15 Years Remaining on the Base Term
✓ Attractive Two Percent (2%) Annual Rental Increases
✓ Four (4), Five (5)-Year Tenant Renewal Options
✓ Red Lobster Corporate Guarantee (700+ Restaurants)
✓ Oversized 2.07 Acre Lot

The Learning Experience

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NNN Pro is pleased to present the exclusive net lease offering for The Learning Experience located at 10225 Carnoch Way in Bristow, VA. The site consists of roughly 10,000 rentable square feet of building space along with a roughly 5,000 square foot playground on an estimated 1.40-acre parcel of land. This Learning Experience is subject to a 15-year double-net (NN) lease, with rent estimated to commence May 1st, 2024. The annual rent will be $530,000 and is scheduled to increase by ten percent (10%) every five (5) years throughout the base term and in each of the two (2), five (5)-year renewal options.

 Long-Term, 15-Year Double-Net (NN) Lease with Minimal Landlord Responsibilities
 10% Rental Increases Occurring Every Five Years
 Two, Five-Year Tenant Renewal Options, Bringing the Potential Lease Term to 25 Years
 Above Market Guaranty for TLE | TLE will Guarantee $1,000,000 of Base Rent Over the First Five Lease Years
 Property Benefits from a Brand-New, High-Quality, Build-to-Suit Building, Implementing TLE’s Latest Branding | Includes a 5,000 SF Playground Area

Tidal Wave Auto Spa

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✓ 20-Year Triple-Net (NNN) Lease: At closing the tenant will execute a brand new 20-year absolute triple-net (NNN) lease. The lease will have no landlord responsibilities.
✓ Corporate Guaranty: The lease will carry a corporate guaranty from New Potato Creek Holdings, the corporate entity for Tidal Wave Auto Spa.
✓ Attractive Rental Increases: The lease will feature 2.00% annual rental increases that will continue through the base term and into the five, five-year tenant renewal option periods.
✓ Potential Tax Benefits: Qualifies for 80% Bonus Depreciation (please consult your CPA).

Tidal Wave Auto Spa

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About the Investment:

✓ 20-Year Triple-Net (NNN) Lease: At closing the tenant will execute a brand new 20-year absolute triple-net (NNN) lease. The lease will have no landlord responsibilities.
✓ Corporate Guaranty: The lease will carry a corporate guaranty from New Potato Creek Holdings, the corporate entity for Tidal Wave Auto Spa.
✓ Attractive Rental Increases: The lease will feature 2.00% annual rental increases that will continue through the base term and into the five, five-year tenant renewal option periods.
✓ Potential Tax Benefits: Qualifies for 60% Bonus Depreciation (please consult your CPA).