The NNN Pro Group is pleased to present the exclusive sale-leaseback listing for the 110 Grill located at 25 Ledgeview Way in Wrentham, Massachusetts. The site consists of roughly 5,800 rentable square feet of building space plus an exterior patio. This 110 Grill is subject to a 15-year Triple Net (NNN) Lease. The initial annual rent is $330,000 and is scheduled to increase by 10% Every Five Years. There are 4, 5-Year renewal options.
About the Investment:
✓ Brand New 15 Year Triple-Net (NNN) Sale-Leaseback
✓ Triple Net | Absolutely Zero Landlord Responsibilities
✓ Attractive Rental Increases | 10% Every 5 Years
✓ Corporate Guarantee From 110 Grill Management, LLC
✓ (4) Four (5) Five-Year Tenant Renewal Options Bringing the Potential Lease Term to 35 Years!
NNN Pro Group is pleased to present the exclusive listing for a 7-Eleven located at 3226 Solomons Island Rd. in Edgewater, MD. The site consists of roughly 2,909 rentable square feet of building space on estimated 1.45-acre parcel of land. This 7-Eleven is subject to a 15-year modified triple-net (NNN) lease, which commenced November 1st, 2021. The current annual rent is $220,000 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 4, 5-year renewal options.
About the Investment:
✓ Long-Term, 15-Year Modified Triple Net (NNN) Lease
✓ Approximately 13 Years Remaining
✓ Ten Percent (10%) Rental Increases Occurring Every Five (5) Years
✓ Three (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 33 Years
NNN Pro Group is pleased to present the exclusive listing for a 7-Eleven located at 201 North Street located in Ellwood City, Pennsylvania. The property consists of roughly 3,000 rentable square feet of building space on an estimated 0.69 parcel of land.
7-Eleven is subject to a 13-Year Absolute Triple-Net (NNN) lease. The initial rent is $102,000 annually with 10% increases every 5 years throughout the base term and in each of the three (3), five (5)-year tenant renewal options, which extends the total possible lease term to 28 years.
About the Investment:
✓ Long Term 13-Year Absolute Triple-Net (NNN) Lease
✓ 10% Rental Increase Occurring in Year 4
✓ Three (3), Five (5)-Year Tenant Renewal Options
✓ Investment Grade Credit Guaranty | 7-Eleven Corporate (S&P: AA-)
NNN Pro Group is pleased to present the exclusive listing for a 7-Eleven located at 1223 McCormick Street, in the Dallas-Fort Worth MSA in Denton, TX. The property consists of roughly 2,880 rentable square feet of building space on an estimated 0.89 parcel of land.
7-Eleven is subject to an Absolute Triple-Net (NNN) lease. The marketed rent is$127,776 annually with 10% increases every 5 years throughout the remaining each of the three (3), five (5)-year tenant renewal options, which extends the total possible lease term to 35 years.
About the Investment:
– Tenant Commitment to Location | Recent 5-Year Lease Extension | Roughly 5.4 Years Remaining on an Original 15-Year NNN Lease
– 10% Rental Increases Every Five (5) Years
– Three (3), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 35 Years
– Investment Grade Credit Guarantee: 7-Eleven Corporate (S&P: AA-)
NNN Pro is pleased to present the exclusive listing for an Advance Auto
Parts located at 1820 Black River Blvd N, Rome, NY 13619. The site consists
of roughly 8,410 rentable square feet of building space on an estimated
0.587-acre parcel of land. This Advance Auto Parts is subject to a 10-year
Double Net (NN) lease, which commenced 1/1/2004. The current annual
rent is $84,067 and is scheduled to increase in the options.
Investment Highlights:
10 + Year Corporate Lease
Advance Auto holds an investment grade S&P rating of BBB- High Traffic Location
Over 20,000 VPD pass the Subject Property on Black River Blvd
Surrounded By National Tenants
McDonald’s, Market 32, Burger King, Starbucks, Applebee’s, Family Dollar,
Dunkin’, Dollar Tree, Moe’s and Many More
NNN Pro is pleased to present the exclusive listing for an Advance Auto
Parts located at 1210 Paterson St, Ogdensburg, NY 13669. The site consists
of roughly 7,000 rentable square feet of building space on an estimated 1.1-
acre parcel of land. This Advance Auto Parts is subject to a 10-year Double
Net (NN) lease, which commenced 11/24/2002. The current annual rent is
$104,240 and is scheduled to increase in options.
INVESTMENT HIGHL IGHTS
Average household income exceeds $70,500 within a 10-mile radius of the property
Over 9,500 people residing within a 3-mile radius of the property
Less than 5 miles from the Odgensburg-Prescott International bridge
NNN Pro Group is pleased to present the exclusive listing for an Advance Auto Parts located at 2349 McGrady Drive Southeast, Cleveland, Tennessee. The site consists of roughly 6,876 rentable square feet of building space on estimated 0.77-acre parcel of land. This Advance Auto Parts has 11.4 years remaining on the lease, which commenced December 4th, 2004. The tenant recently extended the lease term by 10 years while in their first option period of the original lease term and added three 5-year renewal options, showing long term commitment at the site. The current annual rent is $110,250 and is scheduled to increase by 5% in 2030 and in each of the 3, 5-year renewal options.
✓ Advance Auto Recently Extended the Lease Term by 10 years Showing Long Term Commitment at the Site
✓ Approximately 11.4 Years of Lease Term Remaining | Tenant responsible for Maintenance and Repair of Roof, HVAC and Parking | Landlord responsible for Structure Only
✓ Hedge Against Inflation | 5% Rental Escalations in 2030 and in Each Tenant Renewal Option Period
✓ Three (3) Tenant Renewal Option Periods of Five (5) Years Each
NNN Pro is pleased to present the exclusive listing for an Advance Auto
Parts located at 12 A Broad St, Carthage, NY 13619. The site consists of
roughly 7,000 rentable square feet of building space on an estimated 1.2-
acre parcel of land. This Advance Auto Parts is subject to a 10 Years-year
Double Net (NN) lease, which commenced 1/1/2004. The current annual
rent is $75,600 and has scheduled increases in the options.
INVESTMENT HIGHL IGHTS
Advance Auto holds an investment grade S&P rating of BBB
2, 5-Year Renewal Options
Tenant Has been in Building since 2004
The NNN Pro Group is pleased to present the exclusive listing for the Advance Auto Parts property located at 443 New Park Ave in West Hartford, CT. The property consists of roughly 6,000 rentable square feet of building space on an estimated 0.47 parcel of land. Advance Auto Parts is subject to a long-term lease with 4 years remaining on the term. The current rent is $139,200 with increases at the start of each option period. There are two (2), five (5)-year tenant renewal options, extending the total possible lease term.
✓ Long-Term Occupancy | 15- Year Lease | Tenant Exercised Their First Extension Option
✓ Investment Grade Credit | BBB- (S&P) | Baa2 (Moody’s)
✓ Compelling Real Estate Fundamentals | Located Less Than Three Miles from Hartford, CT
✓ Excellent Ease of Access and Visibility Off New Park Ave
✓ Ranked in the 88th Percentile of all Advance Auto Parts Nationwide on Placer.AI*
The NNN Pro Group is pleased to present the exclusive listing for the Advance Auto Parts property located at 67 West Stafford Springs, CT. The property consists of roughly 6,782 rentable square feet of building space on an estimated 3.5 parcel of land. Advance Auto Parts is subject to a long-term lease with 3 years remaining on the term. The current rent is $137,436 with 10% increases at the start of each option period. There are two (2), five (5)-year tenant renewal options, extending the total possible lease term.
✓ Long-Term Occupancy | Original 15-Year Lease | Tenant Exercised Their First Extension Period
✓ Investment Grade Credit | BBB- (S&P) | Baa2 (Moody’s)
✓ Adjacent to a Family Dollar and Across from Tractor Supply Co
✓ Several Car Dealerships Within a Mile of the Property | Ideal Consumer Base
✓ Ranked in the 90th Percentile of all Advance Auto Parts Nationwide on Placer.AI* | 6th Best in the State of Connecticut
NNN Pro is pleased to present the exclusive listing for an Advance Auto
Parts located at 3840 Rome Rd Pulaski, NY 12142.
The site consists of roughly 7,981 rentable square feet of building space on
an estimated 0.55-acre parcel of land. This Advance Auto Parts is subject to
a 10-year Double Net (NN) lease, which commenced 10/1/2019. The current
annual rent is $74,068 and is scheduled to increase in options.
About the Investment:
10 + Year Corporate Lease
Advance Auto Parts holds an investment grade S&P credit rating of BBB-Strong Retail Corridor
McDonald’s, Dunkin’, Arby’s, ACE Hardware, Tractor Supply Co., Kinney
Drugs and many more located within a close proximity
Affluent Community
Average household income within a three-mile radius exceeds $86,900
NNN Pro Group is pleased to present the Exclusive Listing for an Advance Auto Parts located at 10704 US Hwy 19, New Port Richey, FL 34668. The site consists of roughly 12,000 rentable square feet of building space on estimated 1.95-acre parcel of land. This Advance Auto Parts is subject to a 15-year triple-net (NNN) lease and a billboard lease which has a percentage rent on ad revenues. The leases will commence upon store opening, estimated to take place on July 2023. The current annual rent is $256,500 and is scheduled to increase by 10% every 5 years throughout the base term and each of the 3 tenant renewal option periods.
New 2023-2024 Construction | Store Expected to Open on March 2024
Long-Term, 15 Year Modified Triple-Net (NNN) Lease | Landlord Only
Responsible for Structure
10% Rental Escalations Every Five (5) Years Throughout the Base Term and Running into Options
Three (3), Five (5)-Year Tenant Renewal Option Periods
Distribution HUB Store – a Larger 12,000 Sq. Ft. Format Advance Auto Parts Store with Additional Room for Inventory. As a HUB Store, Advance Auto Parts Stocks a Higher Quantity of Parts From which All Stores from the District Can Draw From. The HUB Store Ensures that Every Part that is Available Online, is Also Available In The District’s Stores.
Property Comes With A Billboard – A Secondary Income Stream With Additional Rent | Billboard Lease Has Percentage Rent on Ad Revenues
NNN Pro is pleased to present the exclusive listing for an Advance Auto
Parts located at 1200 Arsenal St, Watertown, NY 13601. The site consists of
roughly 6,791 rentable square feet of building space on an estimated 0.71-
acre parcel of land. This Advance Auto Parts is subject to a 10-year Double
Net (NN) lease, which commenced 11/1/2002. The current annual rent is
$108,892 and is scheduled to increase in the options.
About the Investment:
10 + Year Corporate Lease
Advance Auto holds an investment grade S&P rating of BBBSalmon Run Mall
Located less than one mile from the subject property and has 80+ stores
Strong Academic Presence
Jefferson Community College is located within 2 miles of the subject
property and has over 3,600 students enrolled
NNN Pro is pleased to present the exclusive listing for an Advance Auto
Parts located at 5633 E Circle Dr, Cicero, NY 13039. The site consists of
roughly 10,542 rentable square feet of building space on an estimated 0.63-
acre parcel of land. This Advance Auto Parts is subject to a 10 Years-year
Double Net (NN) lease, which commenced 1/1/2004. The current annual
rent is $71,252 and has scheduled increases in the options.
NNN Pro is pleased to present the exclusive listing for an Advance Auto
Parts located at 286 Grant Ave, Auburn, NY, 13021. The site consists of
roughly 6,972 rentable square feet of building space on an estimated 0.925-
acre parcel of land. This Advance Auto Parts is subject to a 10-year Double
Net (NN) lease, which commenced 2/6/2005. The current annual rent is
$110,806 and has scheduled increases in the options.
INVESTMENT HIGHL IGHTS
Advance Auto holds an Investment Grade S&P Rating of BBB
3, 5-Year Renewal Options
Tenant Has been in Building since 2005
NNN Pro Group is pleased to present the exclusive listing for an ALDI located at 2615 Santa Barbara Blvd in Cape Coral, Florida. The site consists of roughly 30,000 rentable square feet of building space on estimated 2.77-acre parcel of land. This ALDI is subject to a 20-year absolute triple-net (NNN) ground lease, which commenced in September, 2021. The current annual rent is $260,000 and is scheduled to increase by 7.50% every 5 years throughout the base term and in each of the 6, 5-year renewal options.
About the Investment:
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Ground Lease
✓ Approximately 18 Years Remaining
✓ Seven-and-a-Half Percent (7.5%) Rental Increases Occurring Every Five (5) Years
✓ Six (6), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 50 Years
✓ Rent Per SF is only $8.37/SF | Price Per SF is only $182/SF
NNN Pro Group is pleased to present the exclusive listing for an Aldi located at 205 Monroe Turnpike in Monroe, CT. The site is currently under construction and will consist of roughly 19,677 rentable square feet of building space on estimated 2.89-acre parcel of land. This Aldi is subject to a 20-year triple (NNN) ground lease, which will commence on September 15, 2024.
The new Panera next door can also be acquired from the same seller, see P.14 for more info!
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Ground Lease
✓ Brand New Construction | Aldi to Open 2024
✓ Ten Percent (10%) Rental Increases Occurring Every Ten (10) Years
✓ Large 2.89-Acre Lot | Very Low Rent Due to Ground Lease
✓ Tenant is Paying only $9 PSF in Rent | Less than 1/4 of Market!
✓ Five (5), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 45 Years
NNN Pro Group is pleased to present the exclusive listing for the Alliance Animal Health located at 881 Metroplex Drive in Springdale, Arkansas. The site consists of roughly 18,000 rentable square feet of building space on estimated 2.85-acre parcel of land. This Alliance Animal Health Hospital is subject to a 20-year absolute triple-net (NNN) lease, which will commence in May 2023. The annual rent will be $851,591 and is scheduled to increase by 2.0% annually starting in year 7 and in each of the 4, 5-year renewal options.
About the Investment:
✓ Brand New Development | Estimated Opening May 2023
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Lease
✓ Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
✓ Pet Care is a Recession Proof Industry | Consumers Spend More on Pets Year Over Year for Almost Three Decades | Data from the American Pet Products Association show that the total amount spent on pets by Americans has grown from $17 billion in 1994 to an estimated $123 billion in 2021.
NNN Pro Group is pleased to present the exclusive listing for an America’s Cart Mart located at 20 E Taft Ave in Sapulpa, Oklahoma. The site consists of roughly 5,188 rentable square feet of building space on estimated 1.24-acre parcel of land. This America’s Cart Mart is subject to an 8-year absolute triple-net (NNN) lease, which commenced January 1st, 2020. The current annual rent is $55,553 and is scheduled to increase 8% in the first renewal option and 5% in the second renewal option.
About the Investment:
– Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
– Corporate Guarantee (154+ Units)
– Eight Percent (8%) Rental Increase in Option 1; Five Percent (5%) Rental Increase in Option 2
– Two (2), Five (5)-Year Tenant Renewal Options
– Large Underlying Acreage With Significant Outdoor Storage Space
– Small Unit Price Point | Below Market Rent – Highly Replaceable Rent
– Recessionary Resistant | Competitive Car Mart Lending Program | Supplements Used Car Sales
NNN Pro Group is pleased to present the exclusive listing for an America’s Cart Mart located at 1501 W Shawnee St in Muskogee, Oklahoma. The site consists of roughly 5,378 rentable square feet of building space on estimated 1.86-acre parcel of land. This America’s Cart Mart is subject to an 8-year absolute triple-net (NNN) lease, which commenced January 1st, 2020. The current annual rent is $123,905 and is scheduled to increase 8% in the first renewal option and 5% in the second renewal option.
About the Investment:
– Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
– Corporate Guarantee (154+ Units)
– Eight Percent (8%) Rental Increase in Option 1; Five Percent (5%) Rental Increase in Option 2
– Two (2), Five (5)-Year Tenant Renewal Options
– Large Underlying Acreage With Significant Outdoor Storage Space
– Small Unit Price Point | Below Market Rent – Highly Replaceable Rent
– Recessionary Resistant | Competitive Car Mart Lending Program | Supplements Used Car Sales
NNN Pro Group is pleased to present the exclusive listing for an America’s Cart Mart located at 5900 S University Ave in Little Rock, Arkansas. The site consists of roughly 4,365 rentable square feet of building space on estimated 1.62-acre parcel of land. This America’s Cart Mart is subject to an 8-year absolute triple-net (NNN) lease, which commenced January 1st, 2020. The current annual rent is $66,918 and is scheduled to increase 8% in the first renewal option and 5% in the second renewal option.
About the Investment:
– Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
– Corporate Guarantee (154+ Units)
– Eight Percent (8%) Rental Increase in Option 1; Five Percent (5%) Rental Increase in Option 2
– Two (2), Five (5)-Year Tenant Renewal Options
– Large Underlying Acreage With Significant Outdoor Storage Space
– Small Unit Price Point | Below Market Rent – Highly Replaceable Rent
– Recessionary Resistant | Competitive Car Mart Lending Program | Supplements Used Car Sales
NNN Pro Group is pleased to present the exclusive listing for an America’s Cart Mart located at 1600 E Broadway Ave in West Memphis, Arkansas. The site consists of roughly 6,056 rentable square feet of building space on estimated 1.47-acre parcel of land. This America’s Cart Mart is subject to an 8-year absolute triple-net (NNN) lease, which commenced January 1st, 2020. The current annual rent is $48,907 and is scheduled to increase 8% in the first renewal option and 5% in the second renewal option.
Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
Corporate Guarantee (154+ Units)
Eight Percent (8%) Rental Increase in Option 1; Five Percent (5%) Rental Increase in Option 2
Two (2), Five (5)-Year Tenant Renewal Options
Large Underlying Acreage With Significant Outdoor Storage Space
Small Unit Price Point | Below Market Rent – Highly Replaceable Rent
Recessionary Resistant | Competitive Car Mart Lending Program | Supplements Used Car Sales
NNN Pro Group is pleased to present the exclusive listing for an America’s Cart Mart located at 4006 Towson Ave in Fort Smith, Arkansas. The site consists of roughly 5,663 rentable square feet of building space on estimated 2.59-acre parcel of land. This America’s Cart Mart is subject to an 8-year absolute triple-net (NNN) lease, which commenced January 1st, 2020. The current annual rent is $65,417 and is scheduled to increase 8% in the first renewal option and 5% in the second renewal option.
Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
Corporate Guarantee (154+ Units)
Eight Percent (8%) Rental Increase in Option 1; Five Percent (5%) Rental Increase in Option 2
Two (2), Five (5)-Year Tenant Renewal Options
Large Underlying Acreage With Significant Outdoor Storage Space
Small Unit Price Point | Below Market Rent – Highly Replaceable Rent
Recessionary Resistant | Competitive Car Mart Lending Program | Supplements Used Car Sales
NNN Pro Group is pleased to present the exclusive listing for an America’s Cart Mart located at 1610 W Hillsboro St in El Dorado, Arkansas. The site consists of roughly 5,010 rentable square feet of building space on estimated 3.14-acre parcel of land. This America’s Cart Mart is subject to an 8-year absolute triple-net (NNN) lease, which commenced January 1st, 2020. The current annual rent is $135,986 and is scheduled to increase 8% in the first renewal option and 5% in the second renewal option.
Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
Corporate Guarantee (154+ Units)
Eight Percent (8%) Rental Increase in Option 1; Five Percent (5%) Rental Increase in Option 2
Two (2), Five (5)-Year Tenant Renewal Options
Large Underlying Acreage With Significant Outdoor Storage Space
Small Unit Price Point | Below Market Rent – Highly Replaceable Rent
Recessionary Resistant | Competitive Car Mart Lending Program | Supplements Used Car Sales
NNN Pro Group is pleased to present the exclusive listing for an Applebee’s located at 2445 Mall Blvd, Kennesaw, GA 30144. The site consists of roughly 4,051 rentable square feet of building space on estimated 0.94-acre parcel of land. This Applebee’s is subject to an ±8-year absolute triple-net (NNN) lease, which commenced October 13th, 2011. The current annual rent is $219,655 and is scheduled to increase by One and a Quarter Percent (1.25%) every year throughout the base term and in each of the 6, 5-year renewal options.
About the Investment:
✓ ±8-Years Remaining on an Absolute Triple Net (NNN) Lease
✓ One and a Quarter Percent (1.25%) Annual Increases in Rent Throughout Base Term Continuing into Option Periods
✓ Six (6) – Five (5) Year Tenant Renewal Option Periods
✓ Franchise Guarantee from Neighborhood Restaurant Partners, an Operator of 110+ Applebee’s Locations (Guarantee Backed by 43 Strong Performing Stores)
NNN Pro is pleased to present the exclusive listing for an Arko C-Store / Gas Station located at 5673 Gum Branch Road in Jacksonville, NC. The site consists of roughly 5,051 rentable square feet of building space on estimated 2.29-acre parcel of land. This ARKO is subject to a 20-year absolute triple-net (NNN) lease, which commenced January 13th, 2022. The current annual rent is $262,680 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.
About the Investment
✓ 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
NNN Pro is pleased to present the exclusive listing for an Arko C-Store / Gas Station located at 14330 Crain Highway in Brandywine, MD. The site consists of roughly 1,524 rentable square feet of building space on estimated 2.57-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 $432,187 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.
About the Investment:
✓ 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
NNN Pro is pleased to present the exclusive listing for an Arko C-Store / Gas Station located at 11680 Montwood Drive in El Paso, TX. The site consists of roughly 1,908 rentable square feet of building space on estimated 0.93-acre parcel of land. This Arko is subject to a 20-year absolute triple-net (NNN) lease, which commenced October 12, 2041. The current annual rent is $111,116 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
NNN Pro is pleased to present the exclusive listing for an Arko C-Store / Gas Station located at 1351 West Frank Street in Grand Saline, TX. The site consists of roughly 5,232 rentable square feet of building space on estimated 1.90-acre parcel of land. This ARKO is subject to a 20-year absolute triple-net (NNN) lease, which commenced October 25th, 2021. The current annual rent is $358,408 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.
About the Investment:
✓ 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
NNN Pro is pleased to present the exclusive listing for an Arko C-Store / Gas Station located at 3801 South Charles Street in Greenville, NC. The site consists of roughly 2.452 rentable square feet of building space on estimated 1.10-acre parcel of land. This ARKO is subject to a 20-year absolute triple-net (NNN) lease, which commenced January 13th, 2022. The current annual rent is $85,958 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.
About the Investment
✓ Long-Term, Absolute Triple Net (NNN) Lease
✓ Approximately 17.95 Years Remaining
✓ Two Percent (2%) Annual Rental Increases
✓ Six (6), Five (5)-Year Tenant Renewal Options
NNN Pro is pleased to present the exclusive listing for an Arko C-Store / Gas Station located at 4525 FM 349 in Kilgore, TX. The site consists of roughly 5,151 rentable square feet of building space on estimated 5.00-acre parcel of land. This ARKO is subject to a 20-year absolute triple-net (NNN) lease, which commenced October 25th, 2021. The current annual rent is $319,025 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.
About the Investment
✓ 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
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
NNN Pro is pleased to present the exclusive listing for an Arko C-Store / Gas Station located at 1635 East Highway in Springdale, AR. The site consists of roughly 2,560 rentable square feet of building space on estimated 0.46-acre parcel of land. This ARKO is subject to a 20-year absolute triple-net (NNN) lease, which commenced October 12, 2021. The current annual rent is $129,953 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.
About the Investment:
✓ 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
NNN Pro Group is pleased to present the Exclusive Listing for an Aroma Joe’s located at 135 Loudon Road in Concord, New Hampshire. The site consists of roughly 2,472 rentable square feet of building space on estimated .38-acre parcel of land. This Aroma Joe’s is subject to a recently extended 8-year double-net(NN) lease. The initial annual rent is $72,000 and is scheduled to increase by 10% in each of the 3, 5-year renewal options.
Recently Extended, 8-Year Double-Net (NN) Lease
Ten Percent (10%) Rental Increases In Renewal Periods
Three Five (5) Year Renewal Option Periods
Building Equipped With a Drive-Thru and Seating Area Which is Rare for Aroma Joe’s
Ranked in the 75th Percentile of All Aroma Joe’s Locations in NH According to Placer.ai*
NNN Pro Group and Venture Commercial Real Estate are pleased to present the exclusive listing
for an At Home facility in Euless, Texas. The sites consists of a total of roughly 86,250 rentable
square feet of building space. This property is subject to a 15-year double-net (NN) lease. The
annual rent is $1,360,520 and is scheduled to increase 10% every 5 years throughout the base
term and in each of the 5, 5-year renewal options.
Investment Highlights:
Long Term NN Investment
15-Year Lease, Five 5-Year Renewal Options
NOI of $1,360,520 With 10% Increases Every 5 Years
Brand New Build-to-Suit Construction | Site Recently Opened in March 2024
Relocation Store | Relocation of a Successful 10-Year-Old At Home Store Located Less Than 6 Miles Away
6.4mm annual visitors | Ranks in top 2% of shopping centers in TX and Nationally per Placer.AI
The NNN Pro Group is pleased to present the exclusive listing for the AT&T property located at 4 South Tunnel Road. The property consists of roughly 3,285 rentable square feet of building space on an estimated 0.40 parcel of land. AT&T is subject to a long-term lease with 2 years remaining on the term. The current rent is $144,540. There is one (1), five (5)-year tenant renewal options, which has been exercised.
About the Investment:
✓ Long Term Tenancy | Original 10 Year Lease Recently Extended Due to Strong Store Performance | AT&T Exercised Their Extension Option
✓ Trophy Outparcel Location to a Whole Foods Anchored Center
✓ Investment Grade Credit | BBB (S&P)
✓ Outparcel to Large Shopping Center | Whole Foods Anchored Center | Overlook Village Shopping Center
✓ Compelling Real Estate Fundamentals | Located Across From Asheville Mall |Several Anchor Tenants Drawing in Drivers
✓ Excellent Ease of Access and Visibility Off South Tunnel Road
✓ Ranked in the 89th Percentile of all AT&T’s Nationwide on Placer.AI*
*Data provided by Placer Labs Inc. (www.placer.ai); Ranking based on estimated consumer foot traffic.
NNN Pro is pleased to present the exclusive listing for an AutoZone located at 48 Berlin Road in Cromwell, CT. The total land area is 1.15-acres, consisting of 1.03-acres of fee owned property and an additional 0.123-acres of a leasehold interest that is subject to $1 per year rent by the landlord with a lease until 2085. The leasehold interest is required to meet the green space zoning requirements in Cromwell. This AutoZone is subject to a 20-year absolute triple-net (NNN) ground lease. The tenant has waived their contingencies and rent is set commence not later than March 24, 2024, or when the tenant opens for business. The initial rent is $72,000 and is scheduled to increase by 5% every 5 years throughout the base term and in each of 4, 5-years options.
✓ Long-Term, 20-Year Absolute Triple-Net (NNN) Ground Lease | No Landlord Responsibilities
✓ Brand New Built-to-Suit Construction | Early 2024 Completion
✓ Five Percent (5%) Rental Increases Occurring Every Five (5) Years and In Each Option Period
✓ Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years!
NNN Pro Group is pleased to present the exclusive listing for a Bank of America located at 3224 Solomons Island Rd, Edgewater MD. The site consists of roughly 4,553 rentable square feet of building space on estimated 1.32-acre parcel of land. This Bank of America is subject to a 20-year absolute triple-net (NNN) lease, which commenced December 8th, 2004. Bank of America recently extended their first renewal option early, moving the expiration date to December 7th, 2029. The current annual rent is $228,159 and is scheduled to increase by 12% in each of the remaining 2, 5-year renewal options.
About the Investment:
NNN Pro Group is pleased to present the exclusive listing for a Bob Evans located at 4137 Wilder Road in Bay City, Michigan. The site consists of roughly 4,743 rentable square feet of building space on estimated 1.39-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 $149,000 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.
About the Investment:
– 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
NNN Pro Group is pleased to present the exclusive listing for a Bob Evans located at 20465 Eureka Rd in Taylor, Michigan. The site consists of roughly 5,578 rentable square feet of building space on estimated 1.68-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 $191,000 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.
About the Investment:
– 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
NNN Pro Group is pleased to present the exclusive listing for a Bob Evans located at
504 Pike St in Marietta, Ohio. The site consists of roughly 5,215 rentable square feet
of building space on estimated 0.86-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 $240,000 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.
About the Investment:
✓ 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
NNN Pro Group is pleased to present the exclusive listing for a Bob Evans located at 80 S Whitewoman St in Coshocton, Ohio. The site consists of roughly 3,832 rentable square feet of building space on estimated 1.76-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 $253,894 and is scheduled to increase 2% annually starting on May 1st, 2026, 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) Lease
✓ Two Percent (2%) Annual Rental Increases Starting May 1st, 2026
✓ 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)
NNN Pro Group is pleased to present the exclusive listing for a Bob Evans located at 3233 Whitehall Pike in Bloomington, Indiana. The site consists of roughly 4,983 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 $159,181 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
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
NNN Pro Group is pleased to present the exclusive listing for a Bob Evans located at 1850 E Dorothy Ln in Kettering, Ohio. The site consists of roughly 4,993 rentable square feet of building space on estimated 1.00-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 $170,000 and is scheduled to increase 2% annually starting on May 1st 2026 and throughout the base term as well as in each of the 4, 5-year renewal options.
About the Investment:
– Long-Term, 20-Year Absolute Triple Net (NNN) Lease
– Two Percent (2%) Annual Rental Increases Starting May 1st 2026
– 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
NNN Pro Group is pleased to present the exclusive listing for a Bob Evans located at 10054 Stelzer Drive in Burbank, Ohio. The site consists of roughly 5,253 rentable square feet of building space on estimated 1.75-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 $150,000 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.
About the Investment:
– 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
NNN Pro Group is pleased to present the exclusive listing for a Bob Evans located at
3260 Village Drive in Franklin, Ohio. The site consists of roughly 5,539 rentable square
feet of building space on estimated 1.81-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 $240,000 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.
About the Investment:
✓ 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
NNN Pro Group is pleased to present the exclusive listing for a Bob Evans located at 103 Country Rd in South Point, Ohio. The site consists of roughly 3,497 rentable square feet of building space on estimated 1.30-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 $215,956 and is scheduled to increase 2% annually starting on May 1st, 2026, and throughout the base term as well as in each of the 4, 5-year renewal options.
About the Investment:
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Lease
✓ Two Percent (2%) Annual Rental Increases Starting May 1st, 2026
✓ 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
NNN Pro Group is pleased to present the exclusive listing for a Bob Evans located at 70 Route 7 in Bridgeport, Ohio. The site consists of roughly 5,276 rentable square feet of building space on estimated 1.39-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 $165,000 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
NNN Pro Group is pleased to present the exclusive listing for a Bob Evans located at
5652 E Pickard St in Mt Pleasant, Michigan. The site consists of roughly 5,610 rentable
square feet of building space on estimated 2.06-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 $235,000 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.
About the Investment:
✓ 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
NNN Pro Group is pleased to present the exclusive listing for a Brakes Plus located at 240 West Harwood Road, Euless, Texas. The site consists of roughly 4,006 rentable square feet of building space on estimated 0.68-acre parcel of land. This Brakes Plus is subject to a 20-year absolute triple-net (NNN) lease, which commences at the close of escrow. The current annual rent is $130,435 and is scheduled to increase by 5% every 5 years throughout the base term and in each of the 6, 5-year renewal options.
About the Investment:
– Long Term 20-Year Sale-Leaseback
– Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities
– Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
– Six (6) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for an Brakes Plus located at 1002 S Cedar Ridge Drive in Duncanville, Texas. The site consists of roughly 4,600 rentable square feet of building space on estimated 0.53-acre parcel of land. This Brakes Plus is subject to a 20-year absolute triple-net (NNN) lease, which commences at the close of escrow. The current annual rent is $140,870 and is scheduled to increase by 5% every 5 years throughout the base term and in each of the 6, 5-year renewal options.
✓ Long Term 20-Year Sale-Leaseback
✓ Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
✓ Six (6) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 13049 North Main St, Jacksonville FL. The site consists of roughly 4,250 rentable square feet of building space on an estimated 1.1-acre parcel of land. This investment opportunity features a recently extended fifteen (15) year lease term with zero landlord responsibilities and is subject to four (4), five (5) year tenant renewal options. The current rent annual rent is $126,000 and is scheduled to increase by ten percent (10%) every five (5) years throughout the base term and option periods.
*The lease carries a natural percentage rent breakpoint of eight and a quarter (8.25%) percent above the minimum base rent.
✓ Recent 15 Year Lease Extension
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Planned Remodel As Part of Burger King’s “Reclaim the Flame” Initiative
✓ Attractive Rental Increases of Ten Percent (10%) Every Five (5) Years
✓ Four (4) Tenant Renewal Periods of Five (5) Years Each
✓ Percentage Rent Provision (8.25% Natural Breakpoint)
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 13049 North Main St, Jacksonville FL. The site consists of roughly 3,318 rentable square feet of building space on an estimated 0.6-acre parcel of land. This investment opportunity features an existing fifteen (15) year lease term with zero landlord responsibilities and is subject to four (4), five (5) year tenant renewal options. The current rent annual rent is $124,940 and is scheduled to increase by five percent (5%) every five (5) years throughout the base term and option periods.
About the Investment:
✓ Existing 15 Year Lease Term
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
✓ Four (4) Tenant Renewal Periods of Five (5) Years Each
NNN Properties, LLC is pleased to present the exclusive listing for a Burger King located at 302 E 22nd St in Stuttgart, AR. The site consists of roughly 2,974 rentable square feet of building space on estimated 1.50-acre parcel of land. This Burger King is subject to a 20-year absolute triple-net (NNN) lease, which commenced on July 18th, 2018 and has more than 15 years remaining. The current annual rent is $126,672 and is scheduled to increase by 10% every 5 years and in each of the 4, 5-year renewal options.
About the Investment:
✓ Long Term Lease | More than 15 Years Remaining on an Original 20-Year Lease
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Operated by Carrols Restaurant Group (NASDAQ: TAST), one of the Largest Restaurant Companies and Franchisee’s in the United States
✓ Guaranteed by New CFH, LLC | Subsidiary of Carrols With Over 200+ Units
✓ Attractive Rental Increases of Ten Percent (10%) Every 5 Years
✓ Four (4) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for the Burger King located at 4228 Bolivar Road, Wellsville, NY. The site consists of roughly 2,724 rentable square feet of building space on an estimated 0.89-acre parcel of land. This Burger King benefits from a recently extended Triple-Net (NNN) lease with 19 years remaining on the base term. This asset requires zero landlord responsibilities. The original lease commenced on December 27, 2013, and is subject to five (5), five (5)- year tenant renewal options. The annual rent is $103,355 and is scheduled to increase by one percent (1.00%) annually starting in January of 2029 and continuing into the option periods.
✓ Committed Tenant | Recently Extended the Base Term | ~19 Years Remaining
✓ Long Operating History at this Location | Site has Been a Burger King Since 1989
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Five (5) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 8670 Hwy 72, Madison AL. The site consists of roughly 3,474 rentable square feet of building space on an estimated 1.3-acre parcel of land. This investment opportunity features an existing fifteen (15) year lease term with zero landlord responsibilities and no remaining renewal options. The current rent annual rent is $151,246 and is scheduled to increase by five percent (5%) every five (5) years throughout the base term.
✓ Existing 15 Year Lease Term
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
✓ No Renewal Options Remaining
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 13060 Sr-251 Magnolia Bluff Way, Darien, GA. The site consists of roughly 3,192 rentable square feet of building space on an estimated 1.0-acre parcel of land. This investment opportunity features an existing fifteen (15) year lease term with zero landlord responsibilities and is subject to four (4), five (5) year tenant renewal options. The current rent annual rent is $85,789 and is scheduled to increase by five percent (5%) every five (5) years throughout the base term and option periods.
About the Investment
✓ Existing 15 Year Lease Term
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
✓ Four (4) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 3035 Jeff Road, Harvest AL. The site consists of roughly 3,440 rentable square feet of building space on an estimated 1.5-acre parcel of land. This investment opportunity features an existing fifteen (15) year lease term with zero landlord responsibilities with no remaining renewal options. The current rent annual rent is $134,866 and is scheduled to increase by five percent (5%) every five (5) years throughout the base term.
About the Investment:
✓ Existing 15 Year Lease Term
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
✓ No Renewal Options Remaining
NNN Properties, LLC is pleased to present the exclusive listing for a Burger King located at 503 MS-16 in Carthage, Mississippi. The site consists of roughly 3,063 rentable square feet of building space on estimated 2.46-acre parcel of land. This Burger King is subject to a 20-year absolute triple-net (NNN) lease, which commenced on July 18th, 2018 and has more than 15 years remaining. The current annual rent is $121,000 and is scheduled to increase by 10% every five years and in each of the 4, 5-year renewal options.
About the Investment
✓ Long Term Lease | More than 15 Years Remaining on an Original 20-Year Lease
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Operated by Carrols Restaurant Group (NASDAQ: TAST), one of the Largest
Restaurant Companies and Franchisee’s in the United States
✓ Guaranteed by New CFH, LLC | Subsidiary of Carrols With Over 200+ Units
✓ Attractive Rental Increases of Ten Percent (10%) Every 5 Years
✓ Four (4) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 1611 18th Street, Springfield, OR. The site consists of roughly 2,932 rentable square feet of building space on an estimated 1.00 acres of land. This Burger King is subject to a 20-year absolute triple net (NNN) lease which commenced June 1st, 2021, and has over 17 years remaining.. The base rent is $122,132 and will increase by 1.50% percent annually starting in year seven and continuing throughout the base term and into each of the four (4), five (5)-year tenant renewal option periods.
About the Investment:
✓ Long Term, 20-Year Lease that Commenced in June 2021 – Over 17 Years Remaining
✓ Absolute Triple-Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of 1.50% Annually Beginning in Year 7
✓ Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
✓ Long Term Tenancy | Burger King has Been Operating at this Location for 40+ Years
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 216-226 E. Pleasant Valley Boulevard. The site consists of roughly 2,905 rentable square feet of building space on estimated 0.71-acre parcel of land. This investment opportunity is subject to an existing 11 Year Triple-Net (NNN) lease with zero landlord responsibilities. The tenant retains five (5), five (5) year renewal options. The current annual rent is $118,883 and is scheduled to increase by one percent (1.00%) annually throughout the base term. In each option period the rent will increase by one percent (1.00%) annually.
Approximately 11 Years Remaining On Original 15 Year Lease
Triple Net (NNN) Lease with Zero Landlord Responsibilities
Guaranteed by Carrols, LLC | Largest Burger King Franchisee With Over 1,110 Units
Attractive Rental Increases of One Percent (1.0%) Annually
Five (5) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 323 Main St West. The site consists of roughly 3,602 rentable square feet of building space on an estimated 1.4-acre parcel of land. This investment opportunity features an existing fifteen (15) year lease term with zero landlord responsibilities with no remaining renewal options. The current rent annual rent is $127,856 and is scheduled to increase by five percent (5%) every five (5) years throughout the base term.
About the Investment:
✓ Existing 15 Year Lease Term
✓ Corporate Tenant Credit
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
✓ No Renewal Options Remaining
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 13200 W Cleveland Street, Nahunta, GA. The site consists of roughly 3,388 rentable square feet of building space on estimated 1.49-acre parcel of land. This investment opportunity features a recently extended fifteen (15) year lease term with zero landlord responsibilities and is subject to four (4), five (5) year tenant renewal options. The current rent annual rent is $128,000 and is scheduled to increase by ten percent (10%) every five (5) years throughout the base term and option periods.
✓ Recent 15 Year Lease Extension
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of Ten Percent (10%) Every Five (5) Years
✓ Four (4) Tenant Renewal Periods of Five (5) Years Each
✓ Percentage Rent Provision (8.25% Natural Breakpoint)
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
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 530 Oxbow Road, Palmyra, Maine. The site consists of roughly 3,250 rentable square feet of building space on estimated 0.7-acre parcel of land This investment opportunity is subject to a brand new 20-year Triple-Net (NNN) sale-leaseback with zero landlord responsibilities. The lease will commence upon the close of escrow and will be subject to six (6), five (5) year tenant renewal options. The initial annual rent will be $167,495 and is scheduled to increase by one percent (1.00%) annually starting in year 11 and continuing throughout the base term and option periods. In each option period the rent will increase by one percent (1.00%) annually in years 1 through 3 and the rent will remain flat in years 4 and 5.
✓ Brand New 20-Year Sale-Leaseback
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Guaranteed by Carrols, LLC | Largest Burger King Franchisee With Over 1,110 Units
✓ Attractive Rental Increases of One Percent (1.0%) Annually Beginning in Year 11
✓ Six (6) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 2430 Osborne Rd, St. Mary’s GA. The site consists of roughly 2,450 rentable square feet of building space on an estimated 1.0-acre parcel of land. This investment opportunity features a recently extended fifteen (15) year lease term with zero landlord responsibilities and is subject to four (4), five (5) year tenant renewal options. The current rent annual minimum rent is $97,000 and is scheduled to increase by ten percent (10.00%) every five (5) years throughout the base term and option periods.
✓ Recent 15 Year Lease Extension
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of Ten Percent (10%) Every Five (5) Years
✓ Four (4) Tenant Renewal Periods of Five (5) Years Each
✓ Percentage Rent Provision (8.25% Natural Breakpoint)
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 2729 North Main Street, Rutland VT. The site consists of roughly 4,599 rentable square feet of building space on estimated 1.15-acre parcel of land. This investment opportunity is subject to an existing 20 Year (NNN) lease term with zero landlord responsibilities. The lease commenced on 1/1/2023 and is subject to four (4), five (5) year tenant renewal options. The current annual rent is $121,500 and is scheduled to increase throughout the lease term and continuing throughout the base term and option periods.
✓ Store was Recently Renovated & Updated to Increase Drive-Thru Capacity
✓ New Extended Lease By Tenant Shows Commitment to Location
✓ Existing Twenty (20) Year Lease Term
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Guaranteed by Carrols, LLC | Largest Burger King Franchisee With Over 1,110 Units
✓ Attractive Rental Increases Throughout Lease Term
✓ Four (4) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 48137 US Hwy 72. The site consists of roughly 3,418 rentable square feet of building space on an estimated 1.1-acre parcel of land. This investment opportunity features an existing fifteen (15) year lease term with zero landlord responsibilities and no remaining renewal options. The current rent annual rent is $122,330 and is scheduled to increase by five percent (5%) every five (5) years throughout the base term.
About the Investment:
✓ Existing 15 Year Lease Term
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
✓ No Renewal Options Remaining
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 1162 Boone St Ext, Kingsland GA. The site consists of roughly 3,218 rentable square feet of building space on an estimated 1.6-acre parcel of land. This investment opportunity features an existing fifteen (15) year lease term with zero landlord responsibilities and is subject to four (4), five (5) year tenant renewal options. The current rent annual rent is $171,437 and is scheduled to increase by five percent (5%) every five (5) years throughout the base term and option periods.
✓ Existing 15 Year Lease Term
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
✓ Four (4) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 26383 Main St, Ardmore TN. The site consists of roughly 3,450 rentable square feet of building space on an estimated 0.9-acre parcel of land. This investment opportunity features an existing fifteen (15) year lease term with zero landlord responsibilities and is subject to four (4), five (5) year tenant renewal options. The current rent annual rent is $99,402 and is scheduled to increase by five percent (5%) every five (5) years throughout the base term and option periods.
About the Investment
✓ Existing 15 Year Lease Term
✓ Corporate Tenant Credit
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
✓ No Renewal Options Remaining
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 154 S. Main St, Baxley GA. The site consists of roughly 2,021 rentable square feet of building space on an estimated 0.8-acre parcel of land. This investment opportunity features an existing fifteen (15) year lease term with zero landlord responsibilities and is subject to four (4), five (5) year tenant renewal options. The current rent annual rent is $132,728 and is scheduled to increase by five percent (5%) every five (5) years throughout the base term and option periods.
✓ Existing 15 Year Lease Term
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
✓ Four (4) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 13708 E Oglethorpe Highway, Midway, GA. The site consists of roughly 3,440 rentable square feet of building space on estimated 1.04-acre parcel of land. This investment opportunity features a recently extended fifteen (15) year lease term with zero landlord responsibilities and is subject to four (4), five (5) year tenant renewal options. The current rent annual rent is $115,000 and is scheduled to increase by ten percent (10%) every five (5) years throughout the base term and option periods.
✓ Recent 15 Year Lease Extension
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of Ten Percent (10%) Every Five (5) Years
✓ Four (4) Tenant Renewal Periods of Five (5) Years Each
✓ Percentage Rent Provision (8.25% Natural Breakpoint)
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 4660 Hwy 17, Richmond Hill, GA. The site consists of roughly 2,250 rentable square feet of building space on an estimated 0.7-acre parcel of land. This investment opportunity features a recently extended fifteen (15) year lease term with zero landlord responsibilities and is subject to four (4), five (5) year tenant renewal options. The current rent annual rent is $120,000 and is scheduled to increase by ten percent (10.00%) every five (5) years throughout the base term and option periods.
*The lease carries a natural percentage rent breakpoint of eight and a quarter (8.25%) percent above the minimum base rent.
✓ Recent 15 Year Lease Extension
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of Ten Percent (10%) Every Five (5) Years
✓ Four (4) Tenant Renewal Periods of Five (5) Years Each
✓ Percentage Rent Provision (8.25% Natural Breakpoint)
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 121 Ponderosa Drive, Sutherlin, OR. The site consists of roughly 3,192 rentable square feet of building space on estimated 0.83 acres of land. This Burger King is subject to a 20-year absolute triple net (NNN) lease which commenced June 1st, 2021, and has over 17 years remaining. The base rent is $106,172 and will increase by 1.50% percent annually starting in year seven and continuing throughout the base term and into each of the four (4), five (5)-year tenant renewal option periods.
About the Investment:
✓ Long Term, 20-Year Lease that Commenced in June 2021 – Over 17 Years Remaining
✓ Absolute Triple-Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of 1.50% Annually Beginning in Year 7
✓ Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
✓ Long Term Tenancy | Burger King has Been Operating at this Location for 20+ Years
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 115 Golden Isles Plaza, Brunswick GA. The site consists of roughly 4,000 rentable square feet of building space on an estimated 0.8-acre parcel of land. This investment opportunity features an existing fifteen (15) year lease term with zero landlord responsibilities and is subject to four (4), five (5) year tenant renewal options. The current rent annual rent is $161,072 and is scheduled to increase by five percent (5%) every five (5) years throughout the base term and option periods.
About the Investment:
✓ Existing 15 Year Lease Term
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
✓ Four (4) Tenant Renewal Periods of Five (5) Years Each
The NNN Pro Group is pleased to present the exclusive listing for a Cabela’s at 100 Cabela Boulevard in Scarborough, Maine. The site consists of roughly 130,000 rentable square feet of building space on a 5.00-acre lot that comprises its unit as part of a commercial condominium for the entire Gateway Shoppes development. All roads, parking and access are common elements that are the responsibility of the condominium unit owners, who owe their proportionate share of the property manager’s fee. This Cabela’s is subject to 25-year triple net (NNN) lease with absolutely zero landlord responsibility that commenced May 12, 2008 and has over 10 years remaining on the primary term of the lease. The current net operating income is $2,551,500 and is scheduled to increase 10% every 5 years with the next increase occuring in 2028.
About the Investment:
✓ Long-Term, 25-Year Absolute Triple Net Lease with Over 10 Years of Term Remaining with 10% Rental Escalations Every Five Years
✓ Continuous Operation Clause | Rare Lease Clause Found in Cabela’s and Bass Pro Leases | Full Corporate Guarantee from Bass Pro Outdoor World
✓ Only Cabela’s or Bass Pro Shops in the Entire State of Maine | Ranked in the Top 78th Percentile Nationwide on Placer | Visitors Travel as Far as 100 Miles to Shop at This Location
✓ Excellent Visibility and Access From Interstate 95 and Route One | Ideally Located Less Than 9-miles From Downtown Portland, ME
✓ Adjacent To Scarborough Fishing And Game Association, Scarborough Gun Club |Wildlife Management Area (WMA) | Located Less Then 3-miles Away | Massive Greenland’s Used For Hunting, Fishing, And Other Outdoor Activities
NNN Pro Group is pleased to present the exclusive listing for a Caliber Car Wash located at 162 Eglin Pkwy NE. The site consists of roughly 2,373 rentable square feet of building space on an estimated 0.51-acre parcel of land. This Caliber Car Wash is subject to a 20-year absolute triple-net (NNN) lease, which commenced on March 1, 2022. The current annual rent is $195,895 and is scheduled to increase by 1.50% annually throughout the base term and in the 1, 5-year renewal option.
About the Investment:
✓ 20-Year Triple-Net (NNN): Long term 20-year absolute triple-net (NNN) lease. The lease has no landlord responsibilities.
✓ Corporate Guarantee: The lease will be subject to a Corporate Guarantee from Clydesdale Holdings LLC
✓ Attractive Rental Increases: The lease will feature one and one half (1.50%) rental increases annually that will continue through the base term and into the one, five-year tenant renewal option period.
✓ Potential Tax Benefits: May Qualify for 80% Bonus Depreciation
The NNN Pro Group is pleased to present the exclusive listing for the Caliber Car Wash located at 596 Fieldstown Rd, Gardendale, AL 35071. The site will consist of roughly 3,648 rentable square feet of building space on estimated 1.15-acre parcel of land. The Caliber Car Wash is subject to an absolute triple-net (NNN) lease that commenced on 4/08/2022. The initial annual rent is $258,472 and is scheduled to increase by 2.00% annually throughout the base term and continuing through 3, 5-Year Options.
About the Investment
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Lease
✓ Approximately 19 Years Remaining
✓ 2.00% Rental Increases Occurring Annually
✓ Three (3), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 35 Years
✓ This Property Qualifies for 15-Year Accelerated Depreciation as well as Bonus Depreciation
NNN Pro Group is pleased to present the exclusive listing for a Caliber Collision located at 27358 Centerline Dr in Wesley Chapel, Florida. The site consists of roughly 16,900 rentable square feet of building space and sits on 2.49 acres. The current annual rent is $359,972, which is scheduled to increase by 10% every five years throughout the base term and continuing through the two (2), five (5)-year tenant renewal options.
✓ Built to Suit For Caliber Collision in 2019
✓ Property Located In Income Tax Free State
✓ Brand New 15 Year NNN Lease Signed in 2019 | +/- 11 Years Remaining
✓ Rental Increases of Ten Percent (10%) Every Five (5) Years Throughout the Initial Term & Renewal Options
✓ Corporate Lease Guaranty | Over 1,700 Locations Nationwide True Triple Net | Zero Landlord Responsibilities
✓ Tenant Renewal Options: Two (2) Periods of Five (5) Years, Bringing the Potential Remaining Lease Term to Over 21 Years
NNN Pro Group is pleased to present the exclusive listing for a brand-new Chase Bank located at 11610 Olio Road, Fishers, Indiana. The site consists of roughly 4,173 rentable square feet of building space on estimated 0.88-acre parcel of land. This Chase Bank is subject to an original 25-year triple-net (NNN) ground lease, which commenced May 9, 2007. The current annual rent is $183,013 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 3, 10-year renewal options.
✓ Original 25-Year Triple Net (NNN) Ground Lease
✓ Approximately 9 Years of Term Remaining
✓ Ten Percent (10%) Rental Increases Occurring Every Five (5) Years
✓ Three (3), Ten (10)-Year Tenant Renewal Options
✓ Over $203M in Branch Deposits Reported in 2023
The NNN Pro Group is pleased to present the exclusive listing for the Checkers located at 802 Lake Bradford Road in Tallahassee, Florida. The site consists of roughly 1,978 rentable square feet of building space on estimated 0.42-acre parcel of land. This Checkers is subject to a 20-year absolute triple-net (NNN) lease, which will commence on August 1st, 2022. The annual rent will be $117,265 and is scheduled to increase by two percent (2.00%) annually throughout the base term and in each of the 4, 5-year renewal options.
About the Investment:
✓ Long-Term, 20-Year Triple Net (NNN) Lease | Zero Landlord Responsibilities
✓ 2.00% Annual Rental Increases
✓ Four (4), Five (5)-Year Tenant Renewal Option Periods
✓ Award Winning Operator
✓ Excellent Unit-Level Sales
The NNN Pro Group is pleased to present the exclusive listing for the Chick-fil-A located at 6965 Security Boulevard in Baltimore, Maryland. The site consists of roughly 4,989 rentable square feet of building space on an estimated 1.46-acre parcel of land. This Chick-fil-A opened on December 12, 2022 and is subject to a 20-year absolute triple-net (NNN) ground lease. The initial annual rent is $135,750 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 8, 5-year renewal options.
✓ Brand-New 20-Year Ground Lease
✓ Absolute Triple Net | Zero Landlord Responsibilities
✓ Attractive Rental Escalations | 10% Every 5 Years
✓ (8) Eight, (5) Five-Year Options Bringing the Potential Lease Term to 60 Years!
✓ Situated as an Outparcel to Macy’s and the Security Square Mall
✓ Security Square Mall Ranks in the 70th Percentile for Most Visited Regional Malls in the Entire Country According to Placer.ai
✓ Centered Between Two Major Government Institutions | US Department of Health and Human Services and US Social Security Administration
NNN Pro Group is pleased to present the exclusive listing for a Chipotle located at 5 Radcliffe Drive, Moosic, Pennsylvania. The site consists of roughly 2,562 rentable square feet of building space on estimated 1.00-acre parcel of land. This Chipotle is subject to a 15-year double-net (NN) lease, which commenced September 1, 2022. The current annual rent is $126,562 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 2, 5-Year Options and 1, 4-Year and 11-month option.
About the Investment:
✓ Long-Term, 15-Year Double Net (NN) Lease
✓ Approximately 14.28 Years Remaining
✓ Corporate Guarantee
✓ Ten Percent (10%) Rental Increases Occurring Every Five (5) Years
✓ Two (2), Five (5)-Year and One (1), Four (4)-Year & Eleven (11)-Month Tenant Renewal Options
Above-Market, Assumable Interest-Only Financing Available
-5yr, 3.70% I/O Debt, Yielding a 6.00% Return
-Low Leverage, Low Risk Profile Loan
-12yr Term & 30 Yr Amortization Following I/O Period
-Ideal for Exchange Buyers With Debt Requirements or Investors Seeking High-Credit Yield
About the Investment:
June 30, 2034
NNN Pro is pleased to present the exclusive listing for a Church’s Chicken
located at 3726 Del Sol Blvd, San Diego, CA 92154. The site consists of
roughly 1,228 rentable square feet of building space on an estimated 0.67-
acre parcel of land. This Church’s Chicken is subject to a 20 Years-year
Triple Net (NNN) lease, which commenced 12/28/2004. The current annual
rent is $74,077 and has scheduled increases of 1.50% Annually.
Tenant In Place Since 1996, Recently Renewed Lease for an Additional 10
Years with Attractive 1.5% Annual Rent Increases
The Annual Rent of $74,077 is Well Below Market for Southern California
Drive Thru’s, Providing a New Investor the Opportunity to Acquire the
Property Below the Improved Value of the Real Estate
Located on a Signalized Corner Approximately Four Miles from the United
States – Mexico Border and Only 15 Minutes to the Gaslamp Quarter
Downtown San Diego
NNN Pro Group is pleased to present the exclusive listing for CVS Pharmacy located at 335 Lancaster Ave in Malvern, PA. The site consists of roughly 12,900 rentable square feet of building space on estimated 1.94-acre parcel of land. This CVS is subject to a 25-year absolute triple-net (NNN) lease, which commenced January 31, 2009. The current annual rent is $548,667.
About the Investment:
✓ Long-Term, 25-Year Absolute Triple Net (NNN) Lease | 11+ Years Remaining
✓ Lease Guaranteed by CVS’s Corporate Entity | Investment Grade Credit: CVS Corporate (S&P: BBB)
✓ Compelling Real Estate Fundamentals | Located Less Than 28-Miles from Philadelphia | Main Line Location | Site is Equipped with a Drive-Thru Pharmacy Pick Up
✓ Excellent Ease of Access and Visibility Off Lancaster Ave
✓ Phenomenal Demographics
✓ 3 Mile Radius | 37,200 Residents Earning $147,134 AHHI
✓ 5 Mile Radius | 90,000 Residents Earning $149,700 AHHI
✓ 10 Mile Radius | 390,600 Residents Earning $145,500 AHHI
The NNN Pro Group is pleased to present the exclusive listing for the CVS property located at 110 Main Street in Hebron, CT. The property consists of roughly 13,335 rentable square feet of building space on an estimated 2.34-acre parcel of land. CVS is subject to a long-term lease with 14+ years remaining on the primary term. The current rent is $240,000 with 5% increases at the start of each option period. There are six (6), five (5)-year tenant renewal options, extending the total possible lease term.
About the Investment:
✓ Long-Term, 25-Year Absolute Triple Net (NNN) Lease | 14+ Years Remaining
✓ CVS Corporate Guaranty | Investment Grade Credit | “BBB+” S&P Credit Rating
✓ Compelling Real Estate Fundamentals | Located Less Than 20-Miles from Hartford, CT| Site is Equipped with a Drive-Thru Pharmacy Pick Up
✓ Excellent Ease of Access and Visibility Off Main Street
✓ Ranked in the 73rd Percentile of all CVS Pharmacy’s Nationwide on Placer.AI*
✓ Limited Drug Store Competition
This CVS Pharmacy investment property is situated on West March Lane, which boasts an average daily traffic count exceeding 53,600 vehicles per day, respectively. West March Lane interests with Interstate-5 (I-5), one of the nation’s busiest interstates, which spans the entirety of the west coast. I-5 brings an additional 112,000 vehicles to the immediate area daily. There are more than 129,200 individuals within a three-mile radius, and over 287,600 within a five-mile radius. Additionally, this CVS property is situated in an affluent suburban community with an average household income of over $100,000 within a one-mile radius.
The subject property benefits from being well-positioned in a dense retail corridor consisting of national and local tenants, large shopping centers, hospitality accommodations and academic institutions all within close proximity of this property. Major national tenants in the area include: The Home Depot, Target, AutoZone Auto Parts, Hobby Lobby, Taco Bell, Olive Garden, Applebee’s, In-N-Out, Chick-fil-A, McDonald’s, and many others. Hospitality accommodations in the area include the Hilton, La Quinta Inn, Courtyard by Marriott, Residence Inn, and more. Additionally, the subject property is ideally located one mile west of Westertown Mall, the premier shopping destination in the San Joaquin Valley. Furthermore, the subject CVS benefits from its proximity to several academic institutions. The most notable is the University of Pacific, a top rated, private university, which has an enrollment of over 6,500 students, 1,820 employees and over a $279 million of annual economic impact in Stockton. The subject property is in the 99th percentile of all CVS Pharmacies and is the 16th ranked CVS Pharmacy in the United States.*
Stockton is the county seat of San Joaquin County in the Central Valley of the U.S. state of California. The city is located on the San Joaquin River in the northern San Joaquin Valley and had an estimated population of over 318,000. Stockton is the 11th largest city in California and the 58th largest city in the United States. It was named an All-America City in 1999, 2004, 2015 and again in 2017. The diverse economy offers a mix of industries: Healthcare & Social Assistance, Educational Services, Manufacturing, Retail Trade, and Accommodation & Food Services.
*Data provided by Placer Labs Inc. (www.placer.ai); Ranking based on estimated consumer foot traffic
The NNN Pro Group is pleased to present the exclusive listing for the CVS property located at 7929 North Avenue in River Forest, IL. The property consists of roughly 10,966 rentable square feet of building space on an estimated 1.64-acre parcel of land.
CVS is subject to a long-term lease with 14+ years remaining on the primary term. The current rent is $395,000 with 5% increases at the start of each option period. The landlord is responsible for roof and structure, however all other expenses are reimbursed through CAM. The roof was completely replaced in 2018 and comes with a 20-year roof warranty. The landlord is also responsible for repaving the parking lot, if needed, however the tenant will pay the amortized costs over the useful life. There are five (5), five (5)-year tenant renewal options, extending the total possible lease term to over 41 years.
About the Investment:
✓ 14+ Years Remaining on the CVS Lease
✓ CVS Corporate Guaranty | Investment Grade Credit | “BBB+” S&P Credit Rating
✓ Five Percent Rent Increases at the Start of Each of the Remaining Five, Five-Year Tenant Renewal Options
✓ Long Term Occupancy | The Tenant Has Been at This Location For Nearly 20 Years
NNN Pro Group is pleased to present the exclusive listing for a CVS Pharmacy located at 61-15 Metropolitan Avenue in Ridgewood (Queens), New York. The site, constructed in 1951 and renovated in 2012, consists of roughly 13,482 rentable square feet of building space on estimated 1.38-acre parcel of land. This CVS Pharmacy is subject to a 25-year double-net (NN) lease, which commenced on June 1, 2012. There are approximately 13 years remaining The annual rent is $1,029,291 and is subject to 10% rental increases every five years. There are four (4) five (5)-year tenant renewal options, extending the total possible lease term to 45 years.
✓ 13+ Years Remaining on an Original 25-Year Double-Net (NN) Lease
✓ 10% Increases Every Five Years
✓ Four (4), Five (5) Year Tenant Renewal Options
✓ Corporate Guarantee from CVS Health Corporation (NYSE: CVS) – S&P: BBB
✓ Positioned on an Oversized 1.38 Acre Lot
✓ Ranked in the Top 98% of all CVS Nationwide According to Placer.AI*
NNN Pro Group is pleased to present the exclusive listing for CVS Pharmacy located at 3323-3329 Connecticut Ave NW in Washington, DC. The site consists of roughly 8,754 rentable square feet of building space on estimated 0.23-acre parcel of land.
This property is an absolute triple net (NNN) lease with uncapped CPI increases that are not to be lower than 3.00% annually. There are no option periods remaining, which leaves the new owner the ability to structure a long-term lease in an infill location that CVS has operated out of for over 50 years. The current rent is $1,036,176 and is currently priced at a 7.00% CAP. The location has incredible demographics, with the average household income within 1-mile being $159,800. There are also 29,900 residents within 1-mile and 801,500 within 5-miles.
About the Investment:
✓ Trophy Washington D.C. Location | Over 50 Years Of Tenancy At This Location
✓ Premier Location Along Connecticut Ave | North/South Corridor Connecting the Extremely Affluent Neighborhoods in Cleveland Park to the Capitol District of D.C.
✓ Annual Increases | Uncapped CPI Increases | Minimum 3% Per Year!
✓ Phenomenal Demographics
✓ 1 Mile Radius | 29,900 Residents Earning $159,800 AHHI
✓ 3 Mile Radius | 363,500 Residents Earning $150,300 AHHI
✓ 5 Mile Radius | 801,500 Residents Earning $146,000 AHHI
✓ National Landmark Presence | The White House | The Capitol Building |The Supreme Court of the United States | The Lincoln Memorial | The Washington Monument |The Smithsonian National Air and Space Museum | The Smithsonian National Museum of Natural History | The United States Botanic Gardens and Several More in the Immediate Area
NNN Pro Group is pleased to present the exclusive listing for a Dollar General Market located at 5584 S Santa Elena Ave in Sierra Vista, AZ. The site consists of roughly 12,687 rentable square feet of building space on an estimated 2.04-acre parcel of land. This Dollar General Market is subject to a 15-year absolute triple-net (NNN) lease, which commenced September 26, 2023. The current annual rent is $140,596 and is scheduled to increase by 10% in each of the 5, 5-year renewal options.
About the Investment:
✓ Recently Executed 15-Year Absolute Triple Net (NNN) Lease; Passive Investment Offering a Long-Term Security of Cash Flow
✓ Corporate Location | Investment Grade Guarantee
✓ New Construction Location
✓ Rental Increases of 10% In Each Option Period
✓ Tenant Renewal Options: Five (5) Periods of Five (5) Years, Each bringing the Potential Lease Term Remaining to 40 Years
NNN Pro is pleased to present the exclusive listing for a Dollar General located at 2110 East Steve Owens Blvd in Miami, OK. The site consists of roughly 10,566 rentable square feet of building space on estimated 1.60-acre parcel of land. This Dollar General is subject to a 15-year absolute triple-net (NNN) lease, which commenced October 6, 2023. The current annual rent is $125,882 and is scheduled to increase by 5% every five years in the base term and each of the tenants 5, 5-year tenant renewal option periods.
About the Investment:
✓ Rare 5% Rental Increases Every 5 Years in Base Term and Option Periods
✓ New Construction | Build-to-Suit Dollar General
✓ 14.5+ Years Remaining on 15-Year Absolute Triple Net (NNN) Lease; Passive Investment Offering a Long-Term Security of Cash Flow
✓ Tenant Renewal Options: Five (5) Periods of Five (5) Years, Each bringing the Potential Lease Term Remaining to 40 Years
✓ Corporate Location | Corporate Guarantee
NNN Pro Group is pleased to present the exclusive listing for a Dollar General located at 530 South Riverview Drive, Parchment, Michigan. The site consists of roughly 9,578 rentable square feet of building space on estimated 1.17-acre parcel of land. This Dollar General is subject to a 15-year absolute triple-net (NNN) lease, which commenced June 14th, 2014. The current annual rent is $104,400 and is scheduled to increase in each of the 5, 5-year renewal options.
About the Investment:
– Long-Term, 15-Year Absolute Triple Net (NNN) Lease
– Approximately 6.1 Years Remaining
– Varied Rental Increases Occurring In Each Option
– Strong Corporate Guarantee
– Five (5), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
NNN Pro Group is pleased to present the exclusive listing for a Dollar General located at 1264 Main St in Bethlehem, NH. The site consists of roughly 7,489 rentable square feet of building space on estimated 2.03-acre parcel of land. This Dollar General is subject to a 15-year absolute triple-net (NNN) lease, which commenced August 1st, 2018. The current annual rent is $107,958 and is scheduled to increase by 10% in each of the 4, 5-year renewal options.
Long-Term, 15-Year Absolute Triple Net (NNN) Lease | New Construction Store |Guaranteed By an Investment Grade Tenant
Approximately 10.5 Years Remaining
Strategic Location | Positioned off Interstate-93 with Strong Traffic Counts
Close Proximity to Residences, Town Center, the Library, a Few Inns, and Two Golf Courses
Dollar General is a Publicly Traded Company with Over $30 Billion in Revenue and an Investment Grade Credit Rating of BBB
NNN Pro Group is pleased to present the exclusive listing for a DG Market located at 2801 W Main Street in Clarksville, Arkansas. The site consists of roughly 12,668 rentable square feet of building 1.87-acre space on estimated parcel of land. This DG Market is subject to a 15-year absolute triple-net (NNN) lease, which commenced September 1st, 2023. The current annual rent is $124,332 and is scheduled to increase by 10% in each of the 5, 5-year renewal options.
✓ Newly Executed 15-Year Absolute Triple Net (NNN) Lease; Passive Investment Offering a Long-Term Security of Cash Flow
✓ New Construction Location
✓ Rental Increases of 10% in Each Option Period
✓ Tenant Renewal Options: Five (5) Periods of Five (5) Years, Each Bringing the Potential Lease Term Remaining to 40 Years
✓ Strong Corporate Guarantee | Investment Grade Credit (S&P BBB)
NNN Pro Group is pleased to present this Exclusive Net-Lease Offering for a Dollar General located at 130 Cecil Hale Rd, Smithville, Tennessee. The site consists of roughly 9,100 rentable square feet of building space on estimated 2.09-acre parcel of land. This Dollar General is subject to a 15-year absolute triple-net (NNN) lease, which commenced December 15th, 2020. The current annual rent is $82,472 and is scheduled to increase ten percent in each of the 3, 5-year renewal options.
NNN Pro Group is pleased to present the Broker Opinion of Value for a Dollar General located at 7601 Blountstown Hwy, Tallahassee, Florida. The site consists of roughly 9,026 rentable square feet of building space on estimated 1.78-acre parcel of land. This Dollar General is subject to a 15-year absolute triple-net (NNN) lease, which commenced March 15th, 2021. The current annual rent is $113,424 and is scheduled to increase by ten percent in each of the 5, 5-year renewal options.
NNN Pro Group is pleased to present the exclusive listing for a Dollar General at 100 North 4 Mile Road in Fort Gibson, OK. The site consists of roughly 10,566 rentable square feet of building space on a 1.60 parcel of land. This Dollar General is subject to a 15-year absolute triple-net (NNN) lease, which commenced July 4th, 2023. The current annual rent is $105,046 and is scheduled to increase by 10% at each of the 5, 5-year renewal options.
✓ New Construction | Build-to-Suit Dollar General
✓ 14.5+ Years Remaining on 15-Year Absolute Triple Net (NNN) Lease; Passive Investment Offering a Long-Term Security of Cash Flow
✓ Rental Increases of 10% In Each Option Period
✓ Tenant Renewal Options: Five (5) Periods of Five (5) Years, Each bringing the Potential Lease Term Remaining to 40 Years
✓ Corporate Location | Corporate Guarantee
NNN Pro Group is pleased to present the exclusive listing for a Dollar General located at 3273 Highway-71 in Clarksville, Arkansas. The site consists of roughly 12,668 rentable square feet of building space on estimated 3.58-acre parcel of land. This Dollar General is subject to a 15-year absolute triple-net (NNN) lease, which commenced September 28th, 2023. The current annual rent is $112,980 and is scheduled to increase in each of the 5, 5-year renewal options.
✓ Newly Executed 15-Year Absolute Triple Net (NNN) Lease; Passive Investment Offering a Long-Term Security of Cash Flow
✓ New Construction Location
✓ Rental Increases of 10% in Each Option Period
✓ Tenant Renewal Options: Five (5) Periods of Five (5) Years, Each Bringing the Potential Lease Term Remaining to 40 Years
✓ Strong Corporate Guarantee | Investment Grade Credit (S&P BBB)
