NNN Pro Group is pleased to present the exclusive listing for a Redevelopment Opportunity located at 352 East National Road in Vandalia, Ohio. The site consists of approximately 4,141 square feet on an estimated 1.35-acre parcel of land. This Redevelopment Opportunity is a former QSR with a drive-thru. The site offers great visibility on a main road with traffic counts of over 21,300 and 95,500 vehicles per day along E National Road and Interstate-75.
✓ Dense Retail Corridor | McDonald’s, KFC, Subway, Arby’s, Dollar General, Dairy Queen, Taco Bell, Pizza Hut, Wendy’s and Many More
✓ Strong Academic Presence | Over 1,900 Students Collectively Enrolled Within a Three-Mile Radius
✓ Affluent Community | Average Household Income Within a Five-Mile Radius Exceeds $81,600
NNN Pro Group is pleased to present the exclusive listing for a Redevelopment Opportunity located at 4465 Clyo Road in Dayton, Ohio. The site consists of approximately 4,099 square feet on an estimated 1.06-acre parcel of land. This Redevelopment Opportunity is a former QSR with a drive-thru. The site offers great visibility on a main road with traffic counts of over 17,700 and 26,100 vehicles per day along Clyo Road and Wilmington Pike.
✓ Dense Retail Corridor | Subway, Taco Bell, Popeyes, Starbucks, Arby’s, Wendy’s, McDonald’s, Advance Auto Parts and Many More
✓ Compelling Demographics | Over 126,300 Individuals Within a Five-Mile Radius
✓ Affluent Community | Average Household Income Within a One-Mile Radius Exceeds $108,400
Location Highlights:
✓ 6,580 SF Building on 0.16 Acres of Land
✓ Located Just 60 Miles from Manhattan | Accessible Via Interstate 495 or the Long Island Railroad
✓ Very Affluent Population | $150,939 Average Household Income Within One-Mile of the Property
✓ Proximity to Local and National Tenants: CVS, Starbucks, Dunkin’, Chase Bank, and More
✓ Located Immediately Adjacent to the Port Jefferson Marina |Ferry Taking Passengers to and from Connecticut
✓ St. Charles Hospital | Located 0.5 Miles Away – 240+ Staffed Beds
✓ Robust Population | More than 78,945 Individuals Within a Five-Mile Radius of this Lowe’s
✓ Dense Population| Over 122,947 Individuals Within a Five-Mile Radius
NNN Pro Group is pleased to present the exclusive listing for the former Restaurant located at 7 S Main Street in Jamestown, NY. The property consists of 2,515 square-feet and sits on approximately 0.69 acres of land. The building will be delivered vacant at the time of the sale.
Location Highlights:
✓ Dense Retail Corridor | Walgreens, Rite Aid, Dollar General, Family Dollar, Aldi, CVS, McDonald’s, Burger King, Arby’s, Starbucks, 7-Eleven and Many More
✓ Strong Academic Presence | Southwestern School District |13,000 + Students | Persell Middle School | 460+ Students
✓ Dense Medical Corridor| UMPC Chautauqua |Less Than Two Miles Away | 260+ Beds
✓ Other Medical Tenants Include: WellNow Urgent Care, Chatauqua Neurology, Alstar EMS, UPMC Endoscopy, and More
.
NNN Pro Group is pleased to present the exclusive listing for a Rite Aid located at 117 5th St, Ellwood City, PA 16117. The site consists of roughly 13,824 rentable square feet of building space on estimated 1.25-acre parcel of land.
Rite Aid is subject to a ±10.2-year absolute Triple-Net (NNN) lease, which commenced March 9th, 2005. The current annual rent is $442,866 and is scheduled to increase by 1.56% and 1.54% throughout each of the two (2), five (5)-year tenant renewal option periods.
NNN Pro Group is pleased to present the exclusive listing for a Savers located at 3701 McKinley Mall Parkway in Hamburg, New York. The site consists of roughly 21,525 rentable square feet of building space on an estimated 1.85-acre parcel of land. This Savers is subject to a ±10-year triple-net (NNN) lease, which commenced January 1st, 2026. The current annual rent is $322,875 and is scheduled to increase by 6.67%during the base term and by 9.37% throughout the tenant renewal option periods.
About the Investment:
NNN Pro Group is pleased to present the exclusive listing for an Sgt. Clean Car Wash located at 969 North Count St, Medina, OH. The site consists of roughly 6,199 rentable square feet of building space on estimated 0.82-acre parcel of land. This Sgt. Clean Car Wash is subject to a 20-year absolute triple-net (NNN) lease, which will commence at the close of escrow. The current annual rent is $404,270 and is scheduled to increase by 2.00% annually and in each of the 4, 5-year renewal options.
✓ 20-Year Triple-Net (NNN) Sale-Leaseback: At Closing the Tenant Will Execute a Brand New 20-Year Absolute Triple-Net Lease. The Lease Will Have No Landlord Responsibilities.
✓ Corporate Guaranty: The Lease will be subject to a Corporate Guaranty
✓ Accelerated and Bonus Depreciation: The Properties Qualify for 15-Year Accelerated Depreciation as well as Bonus Depreciation
✓ Rental Increases: The Leases will Include 2.00% Annual Rental Increases
NNN Pro Group is pleased to present the exclusive listing for an Sgt. Clean Car Wash located at 7875 Day Drive, Parma, OH. The site consists of roughly 7,027 rentable square feet of building space on estimated 0.83-acre parcel of land. This Sgt. Clean Car Wash is subject to a 20-year absolute triple-net (NNN) lease, which will commence at the close of escrow. The current annual rent is $437,500 and is scheduled to increase by 2.00% annually and in each of the 4, 5-year renewal options.
✓ 20-Year Triple-Net (NNN) Sale-Leaseback: At Closing the Tenant Will Execute a Brand New 20-Year Absolute Triple-Net Lease. The Lease Will Have No Landlord Responsibilities.
✓ Corporate Guaranty: The Lease will be subject to a Corporate Guaranty
✓ Accelerated and Bonus Depreciation: The Properties Qualify for 15-Year Accelerated Depreciation as well as Bonus Depreciation
✓ Rental Increases: The Leases will Include 2.00% Annual Rental Increases
NNN Pro Group is pleased to present the exclusive listing for a Sgt. Clean Car Wash located at 27100 Lorain Rd, North Olmstead, OH. The site consists of roughly 2,175 rentable square feet of building space on estimated 1.16-acre parcel of land. This Sgt. Clean Car Wash is subject to a 20-year absolute triple-net (NNN) lease, which will commence at the close of escrow. The current annual rent is $300,000 and is scheduled to increase by 2.00% annually and in each of the 4, 5-year renewal options.
✓ 20-Year Triple-Net (NNN) Sale-Leaseback: At Closing the Tenant Will Execute a Brand New 20-Year Absolute Triple-Net Lease. The Lease Will Have No Landlord Responsibilities.
✓ Corporate Guaranty: The Lease will be subject to a Corporate Guaranty
✓ Accelerated and Bonus Depreciation: The Properties Qualify for 15-Year Accelerated Depreciation as well as Bonus Depreciation
✓ Rental Increases: The Leases will Include 2.00% Annual Rental Increases
NNN Pro Group is pleased to present the exclusive listing for a Shari’s Restaurant located at 221 Bravo Terrace SE in Port Orchard, Washington. The site consists of roughly 3,896 rentable square feet of building space on estimated 1.00-acre parcel of land. This Shari’s Restaurant is subject to a 20-year absolute triple-net (NNN) lease, which has approximately 16.5 years of lease term remaining. The annual rent is $215,630 as of the October rental increase and is scheduled to increase by 1.75% annually throughout the base term and in the 1, 5-year renewal option.
About the Investment:
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Lease
✓ One-and-Three-Quarters Percent (1.75%) Rental Increases Occurring Annually
✓ One (1), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 25 Years
NNN Pro Group is pleased to present the exclusive listing for a Shari’s Restaurant located at 205 S Kelso Dr. in Kelso, Washington. The site consists of roughly 3,762 rentable square feet of building space on an estimated 0.77-acre parcel of land. This Shari’s Restaurant is subject to a 20-year absolute triple-net (NNN) lease, which has approximately 16.5 years of lease term remaining. The annual rent is $211,291 as of the October rental increase and is scheduled to increase by 1.75% annually throughout the base term and in the 1, 5-year renewal option.
About the Investment:
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Lease
✓ One-and-Three-Quarters Percent (1.75%) Rental Increases Occurring
Annually
✓ One (1), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 25 Years
NNN Pro Group is pleased to present the exclusive listing for a Slim Chickens located at 4641 Cochise Drive in Independence, Missouri. Built in 2014, the property consists of approximately 3,185 square feet of building space and is situated on roughly 0.75 acres of land. The Slim Chickens is subject to a 22-year absolute triple-net (NNN) lease, which commenced August 3rd, 2015. The current annual rent is $173,443 and is scheduled to increase by one and a half percent (1.50%) annually starting in April 2027 and continue throughout the base term and in each of the four (4), five (5)-year renewal option.
✓ Long-Term, 22-Year Absolute Triple Net (NNN) Lease With +13.5 Years Remaining
✓ Strong Hedge Against Inflation | One and a Half Percent (1.50%) Annual Rental Increases Starting April 2027
✓ Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 42 Year
NNN Pro Group is pleased to present the exclusive listing for the Sonic located at 7820 Farm to Market 1960 Bypass Rd W in Humble, TX. The site consists of roughly 1,488 rentable square feet of building space on estimated 0.88-acre parcel of land. The Sonic is subject to a 15-year absolute triple-net (NNN) sale-leaseback, which will commence upon close of escrow. The initial annual rent will be $50,000 and is scheduled to increase by one-and-a-half percent (1.50%) annually starting in year four (4) throughout the base term and in each of the five (5), five (5)-year renewal options.
✓ New 15-Year Absolute Triple-Net (NNN) Sale-leaseback
✓ Tenant is an 18-Unit Subsidiary of Guernsey Sonic (87 Unit Sonic Operator)
✓ 5.33% Rent to Sales
✓ 1.50% Annual Rental Increases Starting in Year Four
✓ Five (5), Five (5)-Year Tenant Renewal Option Periods
NNN Pro Group is pleased to present the exclusive listing for the Sonic located at 7845 Moffett Road in Semmes, AL . The site will consist of roughly 1,799 rentable square feet of building space on estimated 0.95-acre parcel of land. The Sonic is subject to a 20-year absolute triple-net (NNN) lease, which commenced on September 1st, 2023. The initial annual rent will be $65,000 and is scheduled to increase by one-and-a-half percent (1.50%) annually starting year two (2) throughout the base term and in each of the four (4), five (5)-year renewal options.
✓ 20-Year Absolute Triple-Net (NNN) Lease
✓ Franchisee Guarantee from Quality Huts Drive-In (+70-units)
✓ 1.50% Annual Rental Increases Starting Year Two
✓ Four (4), Five (5)-Year Tenant Renewal Option Periods
NNN Pro Group is pleased to present the exclusive listing for the Sonic located at 1615 Sampson St in Westlake, LA. The site consists of roughly 1,318 rentable square feet of building space on estimated 0.50-acre parcel of land. The Sonic is subject to a 15-year absolute triple-net (NNN) sale-leaseback, which will commence upon close of escrow. The initial annual rent will be $87,750 and is scheduled to increase by one-and-a-half percent (1.50%) annually starting in year four (4) throughout the base term and in each of the five (5), five (5)-year renewal options.
✓ New 15-Year Absolute Triple-Net (NNN) Sale-leaseback
✓ Tenant is an 18-Unit Subsidiary of Guernsey Sonic (87 Unit Sonic Operator)
✓ 7.50% Rent to Sales | Profitable Location For Tenant
✓ 1.50% Annual Rental Increases Starting in Year Four
✓ Five (5), Five (5)-Year Tenant Renewal Option Periods
NNN Pro Group is pleased to present the exclusive listing for the Sonic located at 2082 Douglas Ave, Brewton, AL. The site will consist of roughly 1,307 rentable square feet of building space on estimated 1.11-acre parcel of land. The Sonic is subject to a 20-year absolute triple-net (NNN) lease, which commenced on September 1st, 2023. The initial annual rent will be $85,000 and is scheduled to increase by one-and-a-half percent (1.50%) annually starting year two (2) throughout the base term and in each of the four (4), five (5)-year renewal options.
About the Investment:
✓ 20-Year Absolute Triple-Net (NNN) Lease
✓ Franchisee Guarantee from Quality Huts Drive-In (+70-units)
✓ 1.50% Annual Rental Increases Starting Year Two
✓ Four (4), Five (5)-Year Tenant Renewal Option Periods
✓ Brand New Construction
NNN Pro Group is pleased to present the exclusive listing for a Chesterbrook Academy located at 130 Borton Landing Rd in Moorestown, New Jersey. The site consists of roughly 8,420 rentable square feet of building space on estimated 2.62-acre parcel of land. This Chesterbrook Academy is subject to an existing NNN lease in place with Spring Education that will reset to 20 years upon close of escrow. The current annual rent is $400,934 and is scheduled to increase by 3% annually throughout the base term and in each of the 4, 5-year renewal options.
About the Investment:
– Existing Lease in Place with Spring Education That Will Reset to 20 Years Upon Close of Escrow
– Triple Net (NNN) Lease with Zero Landlord Responsibilities
– Corporate Guarantee from Spring Education Group
– Attractive 3.00% Annual Rental Increases
– Four (4) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for a Chesterbrook Academy located at 279 Egg Harbor Rd in Sewell, New Jersey. The site consists of roughly 8,403 rentable square feet of building space on estimated 2.38-acre parcel of land. This Chesterbrook Academy is subject to an existing NNN lease in place with Spring Education that will reset to 20 years upon close of escrow. The current annual rent is $427,450 and is scheduled to increase by 3% annually throughout the base term and in each of the 4, 5-year renewal options.
About the Investments:
– Existing Lease in Place with Spring Education That Will Reset to 20 Years Upon Close of Escrow
– Triple Net (NNN) Lease with Zero Landlord Responsibilities
– Corporate Guarantee from Spring Education Group
– Attractive 3.00% Annual Rental Increases
– Four (4) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for a Chesterbrook Academy located at 1560 Bradford Rd in Wayne, Pennsylvania. The site consists of roughly 5,321 rentable square feet of building space on estimated 5.00-acre parcel of land. This Chesterbrook Academy is subject to an existing NNN lease in place with Spring Education that will reset to 20 years upon close of escrow. The current annual rent is $400,934 and is scheduled to increase by 3% annually throughout the base term and in each of the 4, 5-year renewal options.
About the Investment:
– Existing Lease in Place with Spring Education That Will Reset to 20 Years Upon Close of Escrow
– Triple Net (NNN) Lease with Zero Landlord Responsibilities
– Corporate Guarantee from Spring Education Group
– Attractive 3.00% Annual Rental Increases
– Four (4) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for SQRL Fuel Station located at 1950 US-90 in Gautier, MS 39553. The site consists of roughly 2,646 rentable square feet of building space on estimated 1.41-acre parcel of land. This SQRL Fuel Station is subject to a 20-year absolute triple-net (NNN) lease and the current annual rent is $216,299 and is scheduled to increase by 2% annually.
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Lease with 2% Annual Increases to Hedge Inflation
✓ Large Six Pump Gas Station | Strategically Located Right off US-90 With High Visibility and Ease Of Access
✓ Situated Minutes From Several Anchor Tenants | Lowe’s, Harbor Freight Tools, Dollar Tree, Belk and a Few Others
✓ Ideal Traffic Counts and Positioning for a Gas Station & C-Store
✓ Over 39,300 Vehicles Per Day Along US-90
SQRL | Assumable Financing In Place at 5.75%
NNN Pro Group is pleased to present the exclusive listing for SQRL Fuel Station located at 1030 Skyline Drive, Conway, AR. The site consists of roughly 4,893 rentable square feet of building space on estimated 0.76-acre parcel of land. This SQRL Fuel Station is subject to a 20-year absolute triple-net (NNN) lease and the current annual rent is $292,500 and is scheduled to increase by 2% annually.
About the Investment:
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Lease | Corporate Guaranty
✓ 2% Annual Increases | Strong Inflation Hedge
✓ Strategically Located Right off Interstate-40 With High Visibility and Ease Of Access
✓ Situated Minutes from Walmart, Lowe’s, and Numerous National Tenants | Bringing a Constant Stream of Additional Traffic to the Property
✓ Ideal Traffic Counts and Positioning for a Gas Station & C-Store
✓ Over 23,300 and 63,000 Vehicles Per Day Along Skyline Drive and Interstate-40, Respectively
NNN Pro Group is pleased to present the exclusive listing for a Starbucks located at 145 Housatonic Street in Lee, MA. The site consists of roughly 2,041 rentable square feet of building space on estimated 0.73-acre parcel of land. This Starbucks is subject to a 10-year double-net (NN) lease, which commenced in June 2022. The current annual rent is $92,708 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 4, 5-year renewal options.
✓ New 2022 Construction | 10-Year Lease | Over 9 Years Remaining | Double Net (NN) Lease with Limited Landlord Responsibilities
✓ Starbucks Corporate Guarantee | S&P Credit Rating: A- | Fee Simple
✓ Extremely Low Rent Location for Starbucks | Site Pays Half of Similar New Construction Starbucks Nationwide | Low Cost of Occupancy Greatly Increases the Likelihood of this Remaining a Long-Term Location
✓ Location is Equipped With a Drive-Thru and Outdoor Seating | Newest Starbucks Prototype
About the Investment:
✓ Brand-New 2022 Construction | Starbucks Corporate Guarantee | Fee Simple
✓ Starbucks Originally Signed a 10-Year Lease | Starbucks Exercised a Five-Year Extension Option Over 8 Years Early to Extend the Term of the Lease to 15-Years Due to Strong Performance at this Location | 14 Years of Firm Term Remaining
✓ Ranked in the 93rd Percentile of all Starbucks Nationwide on Placer.AI* | 4th Best in the State of Mississippi
✓ Compelling Real Estate Fundamentals | Main Intersection | Hard Signalized Corner | High Traffic Counts
✓ Adjacent to High Performing Chick-fil-A and Lowe’s Outparcel
✓ Ideally Located Minutes from Lowe’s, Kroger, and Walgreens | Positioned in the Center of Corinth’s Main Retail Corridor!
NNN Pro Group is pleased to present the exclusive listing for a Sun Auto Service located at 12100 SW Broadway Street in Beaverton, OR. The site consists of roughly 7,760 rentable square feet of building space on estimated 0.50-acre parcel of land. This Sun Auto Service is subject to a 20-year absolute triple-net (NNN) lease, with roughly ~19 years remaining. The rent is scheduled to increase by 1.75% annually, through the 4, 5-year renewal options.
✓ Rare NNN Offering In Portland MSA Favorable Assumable Financing In Place | Fixed For ~9 Remaining Years At 3.85% & 30 Year Amortization Schedule
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Lease with Approximately +/- 19 Years Remaining
✓ 1.75% Annual Rental Increases
✓ Three (3), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 35 Years
NNN Pro is pleased to present the exclusive listing for a Taco Bell located at
1545 Clarence E Chestnut Jr Bypass, Centre, AL 35960. The site consists of
roughly 1,726 rentable square feet of building space on an estimated 0.57-
acre parcel of land. This Taco Bell is subject to a 20 Years-year Triple Net
(NNN) lease which will commence upon close of escrow. The annual rent
will be $129,975 and has scheduled increases of 1.50% Annually.
INVESTMENT HIGHL IGHTS
Brand New 20-Year Absolute Triple Net (NNN)
1.50% Annual Rental Increases
Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
NNN Pro is pleased to present the exclusive listing for a Taco Bell located at
519 Cleveland Ave, Attalla, AL 35954. The site consists of roughly 2,358
rentable square feet of building space on an estimated 0.5-acre parcel of
land. This Taco Bell is subject to a 20 Years-year Triple Net (NNN) lease
which will commence upon close of escrow. The annual rent will be $126,196
and has scheduled increases of 1.50% Annually.
Investment Highlights:
NNN Pro Group is pleased to present the exclusive listing for an ICWG located at 2750 S. Perkins Road in Memphis, Tennessee. Built in 2007, the site consists of roughly 3,367 rentable square feet of building space on estimated 1.34-acre parcel of land. This ICWG is subject to a 16-year absolute triple-net (NNN) lease with zero landlord responsibilities. The current annual rent is $68,948 and is scheduled to increase by 1.50% annually.
About the Investment:
✓ Long Term Lease With Zero Landlord Responsibilities: Triple-Net (NNN) Lease With Approximately 16 Years Remaining On Initial Term
✓ Accelerated & Bonus Depreciation: This Property Qualifies for Both 80% Bonus Depreciation & 15 Year Accelerated Depreciation
✓ Attractive Annual Increases: Annual Rental Increases of 1.50%
✓ Corporate Guarantee: The Lease is Subject to a Corporate Guarantee by International Car Wash Group Ltd. (UK) “ICWG” and the More Than 1,100 Locations Across Europe, Australia and the U.S.
About the Investment:
✓ 20-Year Triple-Net (NNN) Lease with +/- 15.1 Years Remaining | No Landlord Responsibilities
✓ Income Tax Free Jurisdiction | TN is an Income Tax Free State
✓ High Performing Location | Inquire With Listing Agent
✓ Robust Affluent Demographic Profile | More Than 209,000 Residents Within a Five-Mile Radius | Household Income of Roughly $85,100 within a Three-Mile Radius
✓ Corporate Guaranty | Driven Brands Inc (4,600+ Locations)
✓ Potential Tax Benefits | Qualifies for 80% Bonus Depreciation & 15 Year Straight Line Method (please consult your CPA)
✓ Attractive Rental Increases | 1.75% Annual Rental Increases Through Initial Term and the Four (4), Five (5)-year Tenant Renewal Options
NNN Pro Group is pleased to present the exclusive listing for a Take 5 Car Wash located at 204 E Belt Line Rd, Cedar Hill, TX. The site consists of roughly 5,489 rentable square feet of building space on estimated 2.67-acre parcel of land. This Take 5 Car Wash is subject to a 14.75-year absolute triple-net (NNN) lease, which commenced December 22, 2020. The current annual rent is $113,549 and is scheduled to increase by 2.00% annually throughout the base term and in each of the 4, 5-year renewal options.
✓ Long Term Absolute Triple Net (NNN) Lease: Roughly 12 Years Remaining on the Lease
✓ Corporate Guarantee: The Leases will be subject to a Corporate Guarantee by Driven Brands Inc
✓ Accelerated and Bonus Depreciation: The Properties Qualify for 15-Year Accelerated Depreciation as well as Bonus Depreciation
✓ Rental Increases: The Leases will Include 2.00% Annual Rental Increases
NNN Pro Group is pleased to present the exclusive listing for a Take 5 Oil Change located at 2125 East Dorothy Lane, Dayton, Ohio. The site consists of roughly 2,000 rentable square feet of building space on estimated 0.55-acre parcel of land. This Take 5 Oil Change is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $90,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Corporate Guarantee from Driven Brands Funding, LLC (3,500+ Units)
✓ Attractive Rental Increases | 1.50% Annually Starting Year 2
✓ Four (4), Five (5)-Year Tenant Renewal Options
NNN Pro Group is pleased to present the exclusive listing for a Take 5 Oil Change located at 28145 Walker South Road, in Walker, Louisiana. The site consists of roughly 1,414 rentable square feet of building space on estimated 0.50-acre parcel of land. This Take 5 Oil Change is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $120,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Corporate Guarantee from Driven Systems, LLC
✓ Attractive Rental Increases | 1.50% Annually Starting Year 2
✓ Four (4), Five (5)-Year Tenant Renewal Options
NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at 509 Hospital Road in New Roads, LA. The site consists of roughly 1,421 rentable square feet of building space on estimated 0.70-acre parcel of land. This Take 5 Oil Change is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $90,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Corporate Guarantee from Driven Brands Funding, LLC
✓ Attractive Rental Increases | 1.50% Annually Starting Year 2
✓ Four (4), Five (5)-Year Tenant Renewal Options
NNN Pro Group is pleased to present the exclusive listing for a Take 5 Oil Change located at 4125 W Owen K Garriott Road Enid, Oklahoma. The site consists of roughly 1,590 rentable square feet of building space on estimated 0.83-acre parcel of land. This Take 5 Oil Change is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $105,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Corporate Guarantee from Driven Funding Holdco, LLC (~3,500+ Units)
✓ Attractive Rental Increases | 1.50% Annually Starting Year 2
✓ Four (4), Five (5)-Year Tenant Renewal Options
NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at SEC Perryton Pkwy & E 28th Ave in Pampa Texas. The site consists of roughly 1,392 rentable square feet of building space on estimated 0.33-acre parcel of land. This Take 5 Oil Change is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $100,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Corporate Guarantee from Driven Funding Holdco, LLC (3,500+ Units)
✓ Attractive Rental Increases | 1.50% Annually Starting Year 2
✓ Four (4), Five (5)-Year Tenant Renewal Options
NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change
located at 4541 Garth Rd, Baytown, TX 77521. The site consists of roughly
3,300 rentable square feet of building space on an estimated 0.33-acre
parcel of land. This Take 5 Oil Change is subject to a 15-year Triple Net
(NNN) lease, which commenced 8/8/2019. The current annual rent is
$125,400 and has scheduled increases of 10.00% Every 5 Years.
Investment Highlights:
Long Term Triple Net (NNN) Lease | Over 10 Years Remaining
Phenomenal Unit Level Performance | Extremely Profitable Location
Take 5 Chose This Due to Its Compelling Location
Outparcel to Willowcreek Shopping Center | Several Anchor Tenants in the
Area | Good Visibility and Ease of Access | Strong Sales
NNN Pro is pleased to present the exclusive listing for the Take 5 Oil Change located at 3810 Lamar Ave, Paris, TX. The subject property totals approximately 1,944 rentable square feet of building space on a total estimated 0.30-acre parcel of land. The investment is subject to a 20-year absolute triple-net (NNN) lease which commenced in August of 2023 – there are over 19 years remaining. The annual rent will be $111,650 and is scheduled to increase by 1.50% annually throughout the base term and in each of the four, five-year option periods.
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Lease
✓ Attractive Rental Increases | 1.50% Annually
✓ Ideal Automotive Service Fundamentals | In Path of Progress Outside Dallas|Excellent Visibility Along Lamar Ave
✓ Located Directly Opposite a Walmart Super Center
✓ Very Strong Unit Level Sales at this Location
✓ Phenomenal Traffic Counts | Over 20,000 and 25,600 Vehicles Per Day Along Lamar Ave and SE Loop 286, Respectively
✓ This Property Qualifies for Accelerated Depreciation *Consult Tax Advisor
✓ Texas – Income Tax Free State
NNN Pro Group is pleased to present the exclusive listing for a Take 5 Oil Change located at 385 North State Road 7 in Plantation, Florida. The site consists of roughly 1,318 rentable square feet of building space on estimated 0.30-acre parcel of land. This Take 5 Oil Change is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $110,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Corporate Guarantee from Driven Systems, LLC
✓ Attractive Rental Increases | 1.50% Annually Starting Year 2
✓ Four (4), Five (5)-Year Tenant Renewal Options
NNN Pro Group is pleased to present the exclusive listing for a Take 5 Oil Change located at 1015 Grand Calliou Road, Houma, LA. The site consists of roughly 1,421 rentable square feet of building space on estimated 0.72-acre parcel of land. This Take 5 Oil Change is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $100,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Corporate Guarantee from Driven Brands Funding, LLC
✓ Attractive Rental Increases | 1.50% Annually Starting Year 2
✓ Four (4), Five (5)-Year Tenant Renewal Options
NNN Pro Group is pleased to present the exclusive listing for a Take 5 Oil Change located at 1057 Schillinger Road in Mobile, Alabama. The site consists of roughly 1,046 rentable square feet of building space on estimated 0.60-acre parcel of land. This Take 5 Oil Change is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $115,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Corporate Guarantee from Driven Brands Funding, LLC
✓ Attractive Rental Increases | 1.50% Annually Starting Year 2
✓ Four (4), Five (5)-Year Tenant Renewal Options
NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change
located at 6907 John F Kennedy Blvd, North Little Rock, AR 72116. The site
consists of roughly 1,425 rentable square feet of building space on an
estimated 0.35-acre parcel of land. This Take 5 Oil Change is subject to a
20-year Triple Net (NNN) lease which will commence upon close of escrow.
The annual rent will be $105,000 and has scheduled increases of 1.50%
Annually.
Investment Highlights:
NNN Pro Group is pleased to present the exclusive listing for a Take 5 Oil Change located at 6401 North 76th Street in Milwaukee, Wisconsin. The site consists of roughly 1,421 rentable square feet of building space on estimated 0.52-acre parcel of land. This Take 5 Oil Change is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $100,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Corporate Guarantee from Driven Brands Funding, LLC (3,500+ Units)
✓ Attractive Rental Increases | 1.50% Annually Starting Year 2
✓ Four (4), Five (5)-Year Tenant Renewal Options
NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at 3570 Belmont Ave in Youngstown, OH. The site consists of roughly 1,573 rentable square feet of building space on estimated 0.36-acre parcel of land. This Take 5 Oil Change is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $90,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.
About the Investment:
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Corporate Guarantee from Driven Funding Holdco, LLC (3,500+ Units)
✓ Attractive Rental Increases | 1.50% Annually Starting Year 2
✓ Four (4), Five (5)-Year Tenant Renewal Options
NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at 601 Ohio Pike in Cincinnati, Ohio. The site consists of roughly 1,411 rentable square feet of building space on estimated 0.48-acre parcel of land. This Take 5 Oil Change is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The annual rent will be $90,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Corporate Guarantee from Driven Funding Holdco, LLC (3,500+ Units)
✓ Attractive Rental Increases | 1.50% Annually Starting Year 2
✓ Four (4), Five (5)-Year Tenant Renewal Options
NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change
located at 4301 College Ave, Synder, TX 79549. The site consists of roughly
1,682 rentable square feet of building space on an estimated 0.76-acre
parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net
(NNN) lease which will commence upon close of escrow. The annual rent
will be $105,000 and has scheduled increases of 1.50% Annually.
Investment Highlights:
NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change
located at 3065 Maple Ave, Zanesville, OH 43701. The site consists of
roughly 1,040 rentable square feet of building space on an estimated 0.58-
acre parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net
(NNN) lease which will commence upon close of escrow. The annual rent
will be $105,000 and has scheduled increases of 1.50% Annually.
Investment Highlights:
NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change
located at 355 W Lee Dr, Baton Rouge, LA 70820. The site consists of
roughly 1,421 rentable square feet of building space on an estimated 0.51-
acre parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net
(NNN) lease which will commence upon close of escrow. The annual rent
will be $100,000 and has scheduled increases of 1.50% Annually.
Investment Highlights:
Strong Corporate Guarantee
Driven Funding Holdco, LLC (~3,500 Units)
Attractive Rental Increases
1.50% Annual Rental Increases
Long Term Lease
20-Year Absolute Triple Net (NNN) Sale-Leaseback
NNN Pro Group is pleased to present the exclusive listing for a Take 5 Oil Change located at 825 Union Blvd in Englewood, Ohio. The site consists of roughly 1,435 rentable square feet of building space on estimated 0.65-acre parcel of land. This Take 5 Oil Change is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $100,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Corporate Guarantee from Driven Brands Funding, LLC
✓ Attractive Rental Increases | 1.50% Annually Starting Year 2
✓ Four (4), Five (5)-Year Tenant Renewal Options
NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at 1514 West Henderson Street in Cleburne, Texas. The site consists of roughly 1,682 rentable square feet of building space on estimated 0.78-acre parcel of land. This Take 5 Oil Change is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $125,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.
About the Investment:
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Corporate Guarantee from Driven Funding Holdco, LLC (3,500+ Units)
✓ Attractive Rental Increases | 1.50% Annually Starting Year 2
✓ Four (4), Five (5)-Year Tenant Renewal Options
NNN Pro Group is pleased to present the exclusive listing for a Take 5 Oil Change located at 9521 Mansfield Road in Shreveport, Louisiana. The site consists of roughly 1,445 rentable square feet of building space on estimated a 1.186-acre parcel of land. This Take 5 Oil Change is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $100,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.
About the Investment:
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Corporate Guarantee from Driven Systems, LLC
✓ Attractive Rental Increases | 1.50% Annually Starting Year 2
✓ Four (4), Five (5)-Year Tenant Renewal Options
NNN Pro Group is pleased to present the exclusive listing for a Take 5 Oil Change located at 4210 North State Line Avenue in Texarkana, Arkansas. The site consists of roughly 1,418 rentable square feet of building space on estimated 0.66-acre parcel of land. This Take 5 Oil Change is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $110,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.
About the Investment:
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Corporate Guarantee from Driven Funding Holdco, LLC (~3,500+ Units)
✓ Attractive Rental Increases | 1.50% Annually Starting Year 2
✓ Four (4), Five (5)-Year Tenant Renewal Options
NNN Pro Group is pleased to present the exclusive listing for a Take 5 Oil Change located at 1019 East Saunders Street in Laredo, Texas. The site consists of roughly 1,418 rentable square feet of building space on an estimated 0.30-acre parcel of land. This Take 5 Oil Change is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $95,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Corporate Guarantee from Driven Funding Holdco, LLC (~3,500+ Units)
✓ Attractive Rental Increases | 1.50% Annually Starting Year 2
✓ Four (4), Five (5)-Year Tenant Renewal Options
NNN Pro Group is pleased to present the exclusive listing for a Take 5 Oil Change located at 1280 W High Avenue in New Philadelphia, Ohio. The site consists of roughly 1,421 rentable square feet of building space on estimated 1.46-acre parcel of land. This Take 5 Oil Change is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $90,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.
About the Investment:
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Corporate Guarantee from Driven Funding Holdco, LLC (~3,500+ Units)
✓ Attractive Rental Increases | 1.50% Annually Starting Year 2
✓ Four (4), Five (5)-Year Tenant Renewal Options
NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change
located at 2285 N Eastown Rd, Lima, OH, 45807. The site consists of
roughly 1,438 rentable square feet of building space on an estimated 1-acre
parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net
(NNN) lease which will commence upon close of escrow. The annual rent
will be $105,000 and has scheduled increases of 1.50% Annually.
Investment Highlights:
NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change
located at 1302 E Rio Grande St, Victoria, TX 77901. The site consists of
roughly 1,682 rentable square feet of building space on an estimated 0.43-
acre parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net
(NNN) lease which will commence upon close of escrow. The annual rent
will be $105,000 and has scheduled increases of 1.50% Annually.
Investment Highlights:
NNN Pro Group is pleased to present the exclusive listing for The Learning Experience located at 343 W Dundee Road in Wheeling, Illinois. The site consists of roughly 10,000 rentable square feet of building space and 5,000 Square feet of playground on an estimated 0.45-acre parcel of land. This TLE is subject to a 15-year double-net (NN) lease, which commenced on October 1, 2019, and has over 11 years remaining on the lease. The tenant is responsible for the common area expenses not to except 105% of the previous year while the landlord is responsible for the roof and the structure of the property. The current annual rent is $315,000, however the rent is increasing on October 1, 2024, to $346,500. The lease is guaranteed by corporate with a maximum liability of $500,000 and this amount shall be reduced by $50,000 every year.
*The Seller shall credit the buyer the difference in monthly rent from closing to the October 1, 2024 rent increase.”
About the Investment:
✓ Long-Term, 15-Year Lease | Over 11 Years Remaining
✓ The Property is Adjacent to the One Wheeling Town Center Luxe Apartments and Across the Street From Uptown 500 | Benefiting From the Immediate Access to 622 Apartment Units
✓ The Lease Calls for 10% Rental Escalations Every Five Years | Strong Rent Growth
✓ Minimal Landlord Responsibilities Limited to the Roof and the Structure of the Recently Constructed Property
✓ Compelling Real Estate Fundamentals | 268,656 Residents Within Five Miles |Average Household Income of $135,272 | Located Less Than 23-miles from Chicago
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
About the Investment:
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 80% Bonus Depreciation (please consult your CPA).
✓ 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).
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).
✓ 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).
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 80% Bonus Depreciation (please consult your CPA).
NNN Pro Group is pleased to present the exclusive listing for a Town Fair Tire located at 1239 US-302 in Barre, VT. The site consists of roughly 6,854 rentable square feet of building space on estimated 0.84-acre parcel of land. This Town Fair is subject to a 20-year absolute triple-net (NNN) lease, which commences upon close of escrow. The current annual rent is $165,750 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
– Corporate Guarantee from Mavis Discount Tire | 2,000+ Locations
NNN Pro Group is pleased to present the exclusive listing for a Town Fair Tire located at 10 Silver St in Greenfield, MA. The site consists of roughly 19,650 rentable square feet of building space on estimated 0.59-acre parcel of land. This Town Fair Tire is subject to a 20-year absolute triple-net (NNN) lease, which commences upon close of escrow. The current annual rent is $165,750 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
– Corporate Guarantee from Mavis Discount Tire | 2,000+ Locations
NNN Pro Group is pleased to present Exclusive Listing for a Truck Trends & Auto Detailer located at 216 Laconia Road in Tilton, New Hampshire. The site consists of roughly 3,024 rentable square feet of building space on estimated .45-acre parcel of land. This Truck Trends is subject to a 5-year double-net (NN) lease while Lakes Auto Sales is subject to a 3-year double-net (NN) lease. The Annual Net Operating Income is $70,528.
Property Includes Two Buildings | Truck Trends & Lakes Auto Sales
Minimal Landlord Responsibilities
Truck Trends Signed a Long-Term 5-Year Lease in 2022 Which has over 3 Years Remaining
Lease Backed by All 4 Truck Trends Locations
Lakes Auto Sales (Back Building) Subject to Brand New 3 Year Lease
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 6300 Central Avenue, St. Petersburg, FL 33707. The site will consist of roughly 3,786 rentable square feet of building space on estimated 1.01-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $172,958 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 1, 3-Year Option & 5, 5-Year Options.
*Please Contact Listing Broker for Pricing Information*
About the Investment:
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 6 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ One (1), Three (3)-Year & Five (5), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 1470 West Granada Blvd., Ormond Beach, FL 32174. The site will consist of roughly 5,300 rentable square feet of building space on estimated 1.07-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $224,523 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 1, 3-Year Option & 5, 5-Year Options.
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 6 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ One (1), Three (3)-Year & Five (5), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 408 South U.S. Highway 41, Inverness, FL 34450. The site will consist of roughly 6,400 rentable square feet of building space on estimated 1.39-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $186,795 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 6, 5-Year Options.
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 4 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ Six (6), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 5025 West Colonial Drive, Orlando, FL 32808. The site will consist of roughly 12,340 rentable square feet of building space on estimated 2.63-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $187,911 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 6, 5-Year Options.
*Please Contact Listing Broker for Pricing Information*
About the Investment:
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 4 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ Six (6), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 200 East Fifth Avenue, Mount Dora, FL 32757. The site will consist of roughly 4,908 rentable square feet of building space on estimated 0.82-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $201,689 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 1, 3-Year Option & 5, 5-Year Options.
Please Contact Listing Broker for Pricing Information
About the Investment:
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 6 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ One (1), Three (3)-Year & Five (5), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 7879 West Commercial Blvd., Tamarac, FL 33351. The site will consist of roughly 4,000 rentable square feet of building space on estimated 1.33-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $170,302 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 1, 3-Year Option & 5, 5-Year Options.
*Please Contact Listing Broker for Pricing Information*
About the Investment:
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 6 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ One (1), Three (3)-Year & Five (5), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 314 East Eau Gallie Boulevard, Indian Harbour Beach, FL 32937. The site will consist of roughly 3,750 rentable square feet of building space on estimated 1.33-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $144,585 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 1, 3-Year Option & 5, 5-Year Options.
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 6 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ One (1), Three (3)-Year & Five (5), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 1301 NW St. Lucie West Blvd., Port St. Lucie, FL 34986. The site will consist of roughly 4,000 rentable square feet of building space on estimated 1.15-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $180,141 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 1, 3-Year Option & 5, 5-Year Options.
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 6 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ One (1), Three (3)-Year & Five (5), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 5727 Gantt Road, Sarasota, FL 34233. The site will consist of roughly 3,131 rentable square feet of building space on estimated 1.02-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $139,538 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 1, 3-Year Option & 5, 5-Year Options.
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 6 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ One (1), Three (3)-Year & Five (5), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 5303 Southwest 91st Drive, Gainesville, FL 32608. The site will consist of roughly 4,420 rentable square feet of building space on estimated 0.30-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $140,223 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 1, 3-Year Option & 5, 5-Year Options.
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 6 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ One (1), Three (3)-Year & Five (5), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 113 East Granada Blvd., Ormond Beach, FL 32176. The site will consist of roughly 4,900 rentable square feet of building space on estimated 1.63-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $201,360 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 1, 3-Year Option & 5, 5-Year Options.
*Please Contact Listing Broker for Pricing Information*
About the Investment:
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 6 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ One (1), Three (3)-Year & Five (5), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 1409 East Atlantic Blvd., Pompano Beach, FL 33060. The site will consist of roughly 5,200 rentable square feet of building space on estimated 0.80-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $234,183 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 6, 5-Year Options.
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 4 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ Six (6), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 3301 Gulf Breeze Parkway, Gulf Breeze, FL 32563. The site will consist of roughly 5,200 rentable square feet of building space on estimated 1.68-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $150,550 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 6, 5-Year Options.
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 4 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ Six (6), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 299 Bill France Blvd., Daytona Beach, FL 32114. The site will consist of roughly 4,200 rentable square feet of building space on estimated 1.17-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $177,924 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 6, 5-Year Option.
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 4 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ Six (6), Five (5)-Year Renewal Options
About the Investment:
– High Quality Tenants Including Outback Steakhouse, Moe’s Southwest Grill, AT&T, Town Fair Tire, and more.
– Low Average Rent Per SF of $18
– 100% Leased Strip Center With a Weighted Average Lease Term of 2.89 Years Remaining
● 20-Year Corporate Absolute-Net Sale-Leaseback | Lease Will be Backed by 100+ Locations in 26 States, in the US and Mexico | Deep Pipeline of New Units Coming Online
● Brand-New Construction | 8,903 Square Foot Building Sits as an Outparcel to a Large Shopping Center Anchored by Hobby Lobby, Academy Sports + Outdoors, Ross Dress For Less, Five Below, Petco, and Ulta Beauty | Property is Projected to Open for Business in Summer of 2024
● Dense & Growing Retail Corridor | Property is Located in a Dynamic Trade Area with Significant Ongoing Development that Services all of Kaufman and Van Zandt Counties | Expectation for this to Become a Primary Retail and Commercial Hub for the Region
● Affluent Suburban Community | Average Household Income Exceeds $100,000 for Homes within 10 Miles of the Subject Property
● Robust Demographics | Population Exceeds 117,300 Individuals within a 10-Mile Radius | Substantial Population Growth Projected into the Next Five Years
● 20-Year Corporate Absolute-Net Sale-Leaseback | Lease Will be Backed by 100+ Locations in 26 States, in the US and Mexico | Deep Pipeline of New Units Coming Online
● Brand-New Construction | 6,800 Square Foot Building on a Large 2.10-Acre Lot | Property is Projected to Open for Business in Summer of 2024
● Dense & Growing Retail Corridor | Immediate Proximity to: Starbucks, Dunkin’, Dollar Tree, Auto Zone, Five Guys, O’Reilly Auto Parts, CVS, Costco, Petco, and Many More
● Affluent Suburban Community | Average Household Income Exceeds $121,000 for Homes within Five Miles of the Subject Property
About the Investment:
NNN Pro Group is pleased to present the exclusive listing for an Uncle Ed’s Oil Shoppe located at 31301 Groesbeck Highway in Fraser, Michigan. The site consists of roughly 1,764 rentable square feet of building space on estimated 0.47-acre parcel of land. This Uncle Ed’s Oil Shoppe is subject to a 20-year absolute triple-net (NNN) lease, which commenced June 30th, 2020. The current annual rent is $77,872 and is scheduled to increase by 1.60% annually throughout the base term and in each of the 3, 5-year renewal options.
About the Investment:
✓ Long Term 20-Year Absolute Triple Net (NNN) Lease
✓ Approximately 17.96 Years Remaining
✓ 1.60% Rental Increases Annually
✓ Three (3), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 35 Years
✓ Corporate Guaranty from FullSpeed Automotive | 900+ Total Units
NNN Pro Group is pleased to present the exclusive listing for an Uncle Ed’s Oil Shoppe located at 24086 Middlebelt Rd, Farmington Hills, MI. The site consists of roughly 1,750 rentable square feet of building space on estimated 0.52-acre parcel of land. This Uncle Ed’s Oil Shoppe is subject to a 20-year absolute triple-net (NNN) lease, which commenced June 30th, 2020. The current annual rent is $76,403 and is scheduled to increase by 1.60% annually throughout the base term and in each of the 3, 5-year renewal options.
About the Investment:
✓ Long Term 20-Year Absolute Triple Net (NNN) Lease
✓ Approximately 17.96 Years Remaining
✓ 1.60% Rental Increases Annually
✓ Three (3), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 35 Years
✓ Corporate Guaranty from FullSpeed Automotive | 900+ Total Units
About the Investment
✓ Fee Simple Ownership, Net Leased Investment
✓ 5.5-Year Weighted Average Lease Term
✓ Immediate Rent Growth With Upcoming 10% Rental Increase in Pet Supplies Lease
and 2% Annual Rental Increases With Verizon Lease
✓ Asphalt Parking Lot Newly Repaired and Restriped
✓ Oversized 3.72 AC Corner Parcel With Ability to Expand Building 6,800 Square Feet
✓ Verizon Has Exercised Its Remaining Five-Year Tenant Option Period
✓ Nationally Recognized Retailers | Nation’s Largest Authorized Verizon Dealer and
Nation’s Largest Pet Franchisor
NNN Pro Group is pleased to present the exclusive listing for a Walgreens located at 295 Academy Avenue, Providence, Rhode Island. The site consists of roughly 13,480 rentable square feet of building space on estimated 3.22-acre parcel of land. This Walgreens is subject to a 15-year absolute triple-net (NNN) lease, which commenced February 23rd, 2023. The current annual rent is $270,000 and is scheduled to increase by 5% every 5 years throughout the base term and in each of the 12, 5-year renewal options.
✓ Long-Term, 15-Year Absolute Triple Net (NNN) Lease
✓ Approximately 14.9 Years Remaining
✓ Five (5%) Rental Increases Occurring Every Five (5) Years
✓ Twelve (12), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 75 Years
NNN Pro Group is pleased to present the exclusive listing for a Walgreens located at 8052 State Route 12, Barneveld, NY 13304. The site constructed in 2004, consists of roughly 13,813 rentable square feet of building space and sits on an approximately 2.5-acre parcel of land.
Walgreens is subject to a ±11.1-year triple-net (NNN) lease, which commenced on November 1st, 2004. The lease has been extended until 07/18/2045 with an initial option on 03/31/2034. The current annual rent is $304,431 and is scheduled to increase be approximately 2.2% every 5 years beginning 2025.
✓ Long-Term ±11.1-Year Absolute Triple Net (NNN) Lease
✓ Four (4) Rental Increases Every Five (5) Years
✓ Three (3) – Five (5) Year Tenant Options
✓ Highly Visible Storefront with Drive Thru and a Large Parking Lot
✓ 13,813 SF Freestanding Building on 2.5 Acres of Land
✓ Corporate Location, Corporate Guarantee by Walgreens | Built in 2004
NNN Pro Group is pleased to present the exclusive listing for a Walgreens located at 385 Northland Boulevard, Cincinnati, Ohio. The site consists of roughly 14,747 rentable square feet of building space on estimated 2.57-acre parcel of land. This Walgreens is subject to a 15-year absolute triple-net (NNN) lease, which commenced February 23rd, 2023. The current annual rent is $295,200 and is scheduled to increase by 5% every 5 years throughout the base term and in each of the 12, 5-year renewal options.
✓ Long-Term, 15-Year Absolute Triple Net (NNN) Lease
✓ Approximately 14.9 Years Remaining
✓ Five (5%) Rental Increases Occurring Every Five (5) Years
✓ Twelve (12), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 75 Years
NNN Pro Group is pleased to present the exclusive listing for a Walgreens located at 1602 N Expressway, Griffin, Georgia. The site consists of roughly 14,515 rentable square feet of building space on estimated 1.95-acre parcel of land. This Walgreens is subject to a 15-year absolute triple-net (NNN) lease, which commenced February 23rd, 2023. The current annual rent is $261,900 and is scheduled to increase by 5% every 5 years throughout the base term and in each of the 12, 5-year renewal options.
✓ Long-Term, 15-Year Absolute Triple Net (NNN) Lease
✓ Approximately 14.9 Years Remaining
✓ Five Percent (5%) Rental Increases Occurring Every Five (5) Years
✓ Twelve (12), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 75 Years
NNN Pro Group is pleased to present the exclusive listing for a Walgreens located at 585 Dekalb Industrial Way, Decatur, Georgia. The site consists of roughly 15,715 rentable square feet of building space on estimated 3.22-acre parcel of land. This Walgreens is subject to a 15-year absolute triple-net (NNN) lease, which commenced February 23rd, 2023. The current annual rent is $313,600 and is scheduled to increase by 5% every 5 years throughout the base term and in each of the 12, 5-year renewal options.
✓ Long-Term, 15-Year Absolute Triple Net (NNN) Lease
✓ Approximately 14.9 Years Remaining
✓ Five (5%) Rental Increases Occurring Every Five (5) Years
✓ Twelve (12), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 75 Years
NNN Pro Group is pleased to present the exclusive listing for a Walgreens located at 1 South Kingshighway, Cape Girardeau, MO 63703. The site consists of roughly 13,502 rentable square feet of building space and sits on an approximately 1.1-acre parcel of land. Walgreens is subject to a ±6-year double-net (NN) lease, which commenced on January 7th, 1995. The lease expires on 01/31/2030 and has 5-5 Yr. options remaining. The current annual rent is $198,655 and is scheduled to remain flat until 01/31/2055.
Approximately 6 Years Remaining on a Double-Net Lease | Strong Site Commitment –Lease Commenced in 1995
Top Ranking Walgreens in Site Visits According to Placer.AI | Ranked in the 93rd Percentile of all Walgreens Locations Nationally in Site Visits (Top 6.2% | 478/7,711)*
Corporate Location, Corporate Guarantee by Walgreens | Strong Site Commitment
Five (5) – Five (5) Year Tenant Renewal Option Periods Bringing Lease Term Up to 31 Years
13,502 SF Freestanding Building on 1.1 Acres of Land
Highly Visible Storefront with Drive Thru and a Large Parking Lot on a Signalized Intersection
NNN Pro Group is pleased to present the exclusive listing for the Walgreens located at 2012 Brackenville Road in Hockessin, Delaware. The site consists of roughly 11,916 rentable square feet of building space on an estimated 2.3-acre parcel of land. This property is subject to a long term, triple net (NNN), which expires on February 29, 2028. The current annual rent is $462,360 and is scheduled to increase by 12.5% in each of the 3, 5-year renewal options.
✓ Lease Guaranteed by Walgreen’s Corporate Entity | Former Happy Harry’s Location that was Acquired by Walgreens and Rebranded Due to Strong Store Performance
✓ Large 2.30 Acre Parcel | Located on a Hard Corner and Four-Way Signalized Intersection | Two Modes of Ingress/Egress
✓ Phenomenal Demographics
✓ 3 Mile Radius | 32,700 Residents Earning $156,000 AHHI
✓ 5 Mile Radius | 104,300 Residents Earning $127,700 AHHI
✓ 10 Mile Radius | 467,800 Residents Earning $107,700 AHHI
✓ Excellent Ease of Access and Visibility Off Lancaster Pike and Brackenville Road
NNN Pro Group is pleased to present the exclusive listing for a Wendy’s located at 104
Black Gold Court in Hazard, Kentucky. The site consists of roughly 3,200 rentable
square feet of building space on estimated 1.35-acre parcel of land. This Wendy’s is
subject to a 20-year absolute triple-net (NNN) lease, which will commence at close of
escrow. The annual rent will be $95,000 and is scheduled to increase by 1.50%
annually throughout the base term and in each of the 6, 5-year renewal options.
About the Investment:
✓ Brand New 20-Year Sale Leaseback
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases | One and a Half Percent (1.50%) Annually Starting Year
Two
✓ Six (6) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for a Wendy’s located at 436 South Main Street in Lapeer, Michigan. The site consists of roughly 2,273 rentable square feet of building space on estimated 0.95-acre parcel of land. This Wendy’s is subject to a 20-year absolute triple-net (NNN) lease, which commenced July 1st, 2015. The current annual rent is $119,070 and is scheduled to increase by 5% every 5 years throughout the base term and in each of the 2, 5-year renewal options.
About the Investment:
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Lease
✓ Approximately 12.1 Years of Base Lease Term Remaining
✓ Corporate Guarantee from Wendy’s Properties, LLC
✓ Subleased to WEN NATIONAL, LLC, a 40+ Unit Wendy’s Operator
✓ Long Term Operating History | This Wendy’s Has Operated at This Location For Over 45 Years
NNN Pro Group is pleased to present the exclusive listing for a Wendy’s located at 1330 South Main Street, Sikeston, MO. The site consists of roughly 2,046 rentable square feet of building space on estimated 0.72-acre parcel of land. This Wendy’s is subject to a 20-year absolute triple-net (NNN) lease, which commences upon Close of Escrow. The annual rent will be $150,000 and is scheduled to increase by the Lesser of Change in CPI or 1.50% Annually throughout the base term and in each of the Six (6), Five (5)-Year Renewal Options.
✓ Brand New 20-Year Sale-Leaseback
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases | Lesser of Change in CPI or One and a Half Percent (1.50%) Annually
✓ Six (6) Tenant Renewal Periods of Five (5) Years Each
✓ Brand New Construction! | Expected Opening in June 2024
NNN Pro Group is pleased to present the exclusive listing for a Wendy’s located at 1520 N Broadway Ave in Bartow, Florida. The site consists of roughly 2,346 rentable square feet of building space on estimated 0.68-acre parcel of land. This Wendy’s is subject to a 20-year absolute triple-net (NNN) lease, which commences at the close of escrow. The current annual rent is $151,200 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 6, 5-year renewal options.
✓ Brand New 20-Year Sale Leaseback
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases | 10%/ 5 Years
✓ Six (6) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for a Wendy’s located at 3545 Lakeland Highlands Rd in Lakeland, Florida. The site consists of roughly 3,245 rentable square feet of building space on estimated 1.28-acre parcel of land. This Wendy’s is subject to a 20-year absolute triple-net (NNN) lease, which commences at the close of escrow. The current annual rent is $159,600 and is scheduled to increase by 10% every five years throughout the base term and in each of the 6, 5-year renewal options.
✓ Brand New 20-Year Sale Leaseback
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases | 10%/ 5 Years
✓ Six (6) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for a Wendy’s located at 260 Cooper Road in Loganville, GA. The site consists of roughly 2,772 rentable square feet of building space on estimated 0.98-acre parcel of land. This Wendy’s is subject to a 20-year absolute triple-net (NNN) lease, which commences upon Close of Escrow. The annual rent will be $150,000 and is scheduled to increase by the Lesser of Change in CPI or 1.50% Annually throughout the base term and in each of the Six (6), Five (5)-Year Renewal Options.
About the Investment:
✓ Brand New 20-Year Sale-Leaseback
✓ Brand New Renovations Expected to be Completed April 2024!
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases | Lesser of Change in CPI or One and a Half Percent (1.50%) Annually
✓ Six (6) Tenant Renewal Periods of Five (5) Years Each
About the Investment:
✓ 20-Year Triple-Net (NNN) Lease with +/- 18.3 Years Remaining | No Landlord Responsibilities
✓ Income Tax Free Jurisdiction | TX is an Income Tax Free State
✓ Located In Tenant’s Home City | Whitewater Express is Headquartered In Houston
✓ Outstanding Demographics| Household Income of Roughly $134,100 within a Three-Mile Radius & Over 142,000 Residents within a Five-Mile Radius
✓ Corporate Guaranty | Whitewater Express Car Wash (100+ Locations)
✓ Potential Tax Benefits | Qualifies for 80% Bonus Depreciation & 15 Year Straight Line Method (please consult your CPA)
✓ Attractive Rental Increases | 1.00% Annual Rental Increases Through Initial Term and the Four (4), Five (5)-year Tenant Renewal Options
