This trade area contains the highest concentration of office Phone: 844.474.4666 costs associated with operating the property including those associated with repairing/rebuilding a property in the event of a loss or condemnation. CBRE Net Lease Properties is a team of Capital Markets professionals who specialize in the sale, purchase and recapitalization of single tenant net leased properties in the U.S. Connect to Deal Flow, connect to the world. To learn more about our current investment opportunities. Schedule Consultation Most Net Lease Tenants typically commit to a long term lease agreement of 10 and in some cases 20-25 years as compared to Apartments that are typically yearly leases. NNN leases are typically longer-term for commercial real estate properties and have initial terms that begin at 10 years or more. The parties involved must also be well-versed in both the particulars and the fine print of a lease before signing. FNRP. Best $/SF for asset class in the area. In 2009, Brendan formed Absolute Net Properties, LLC to focus on the development and brokerage of single tenant net lease and shopping center properties.Absolute Net Properties has done business with companies including but not limited to Meijer, Home Depot, Menards, AutoZone, O'Reilly Auto Parts, ALDI, Discount Tire, Vitamin Shoppe, Aspen signage Remote lock for front door. in the fast -growing west side trade area of Albuquerque. Triple net lease real estate for sale. This strict lease alleviates the landlord/owner/investor from having to pay any money out of pocket from insurance, taxes, maintenance, repairs, structure, landscaping, etc. Absolute dining. Absolute In another scenario, and because NNN lease is a more popular phrase than absolute net lease, the property may be listed as a NNN lease when the terms describe an absolute net lease. Cap Rate: 6.55%. Start a new search to find more NNN Properties or other commercial listings on LoopNet.com. #100085004, In Cooperation With Sands Investment Group, A Licensed SC Broker Lic. In an absolute net lease, the tenant is responsible for all costs associated with operating the property including those associated with repairing/rebuilding a property in the event of a loss or condemnation. In an absolute net lease structure sometimes referred to as a bondable lease or absolute NNN lease the tenant is responsible for all operating costs. In this article, we will define what a net lease is, describe the different variations, and highlight the differences between two specific types of net leases known as the . To maximize the returns of a. , its always best to consult professionals. We transacted over $5.5 billion in net lease sales last year. Cottonwood retail trade area. Sands Investment Group is Pleased to Present For Sale the Marathon Absolute Triple Net Located in Durango, Colorado. HAJOCA | Santa Fe, NM. A brand new and the absolute net lease. By the end, readers will have a thorough understanding of net leases and will be able to put this knowledge to use as part of their commercial real estate investment due diligence process. appeal and ample parking for employees and guests. The primary exposure is in the tenant's risk rating since the property will typically house just one. Copyright 2022 SIGnnn.com - All Rights Reserved. This deal . The Lease Reserves of RNL Are Over 10 Times the Projected Liability of the Net Present Value Liability of the Lease. Exchanging properties also hold a wealth of tax benefits beneficial to investors. All Rights Reserved. operating costs. Both floors have today to find out more about our current listings. ft. of commercial real estate space for lease. Portfolio of 3 Properties - Portfolio of 3 Properties. Accordingly, The confusion between NNN leases and absolute net leases often initiates from an inaccurately advertised NNN lease, or a misunderstanding of the, on either the investors or the tenants behalf. This Deal Includes a Value-Add Opportunity With Only 27% of the Building Occupied By NTB Tire, Thus Leaving 73% of the Buildings Warehouse and Office Space Vacant and Ready For a New Tenant, Providing For a Unique Investment. Sunnybrook Ridge, located at 8720 South East Sunnybrook Boulevard, is an opportunity to acquire a mixed-use investment in Clackamas, Oregon. When a property is advertised as a NNN lease, the investor may make the purchase under the assumption that all expenses are the tenants responsibility and unintentionally incur a. in the future. 3% Annual Rent Increases Absolute Net Lease . Tenants pay gas and electric, while water, sewer, and trash cost is included We conduct research for a variety of sectors and stay up-to-date on cap rates and the happenings in the marketplace. It is the only market our team of experts are focused on. License: TX 0606255, CA 01391653. . These leases include, are often confused with absolute net leases and making a discernible distinction is integral to understanding your, In a NNN lease, the tenant is responsible for taxes, insurance, and general building maintenance, and the landlord or investor is removed from. First National Realty Partners is one of the countrys leading private equity commercial real estate investment firms. Sands Investment Group is Pleased to Present For Sale the Industrial Absolute Net Located in Jacksonville, North Carolina. Absolute Investment Realty has been chosen as the exclusive leasing In an absolute net lease, sometimes called a bondable lease, the tenant is responsible for rent and all other property related expenses, which includes roof and structure. 2764 S Congress Ave - NNN Property Palm Springs, Florida However, it has also been used in single family residential rental real estate properties. floor plan, office/storage area, and two ADA compliant large bathrooms. Quick service restaurants and the growing retail healthcare sector also gravitate toward this lease type. The absolute net lease, also known as a bondable lease, adds every other financial risk of the space to the tenant . floor kitchen and 730 SF of 2 This Deal Includes an Absolute Triple Net (NNN) Lease With 18+ Years Remaining and Zero Landlord Responsibilities With Attractive Rent Increases, Providing For a Secure Investment. 8949 N Deerbrook Trl - Brown Deer Personal Warehouse. Have a question or need more information? CALIBER COLLISION | LONG TERM ABSOLUTE NET LEASE; Street View. 2020 Laviathan Website Design. In an absolute net lease, the landlord/property owner has virtually no financial obligations, which may be appealing to investors seeking a passive cash flow. With an intentional focus on finding world-class, multi-tenanted assets well below intrinsic value, we seek to create superior long-term, risk-adjusted returns for our investors while creating strong economic assets for the communities we invest in. Sands Investment Group is Pleased to Present For Sale the Admiral Petroleum Company Located in Allegan, Michigan. Sands Investment Group is Pleased to Present For Sale the SQRL Gas Station and C-Store Absolute NNN Asset Located in Searcy, Arkansas. There are two types of leases commonly used in commercial real estate, gross and net. The difference between the two has to do with whether the tenant or the property owner is responsible for payment of the propertys operating expenses. [3] Bondable lease (Absolute NNN) A bondable lease (also called an "absolute triple net lease", "true triple net lease", or a "hell-or-high-water lease") is the most extreme variation of a triple net lease, where the tenant carries every . RNL Has a Nationally Recognized Statistical Rating Organization (NRSRO) Rating of BBB+ and is Recognized By the Securities and Exchange Commission (SEC) as Investment Grade. In Cooperation With Sands Investment Group Delaware, LLC Lic. Lease Type Absolute NNN Tenancy Single Brand/Tenant Accurate Forming Lease Expiration 11/30/2034 Remaining Term 11.8 years Square Footage 69,992 Occupancy 100% NOI $434,182 Pro-Forma NOI $500,000 Year Built 1976 Buildings 1 Stories 1 Lot Size (acres) 15.9 Rent Bumps 2026 and 2029 Lease Options NONE Ownership Private Loading Docks 5 This means that the tenant (not the landlord) is responsible for: Absolute net lease assets are an excellent alternative cash flow option for investors. You may enter a US or Canadian location in the following formats: Yes, I want to receive LoopNet's weekly newsletter "LoopNews" and information about LoopNet promotions and special offers. #REC.2020005946 BoR: Scott Reid Lic. CBRE is the largest and most powerful commercial real estate company in the world today with offices in every major international market as well as virtually all local markets domestically. Alternative investments are often sold by prospectus that discloses all risks, fees, and expenses. About. This Deal Includes an Absolute Triple Net (NNN) Property With Zero Landlord Responsibilities, Providing For a Secure Investment. mezzanine. In Cooperation With Sands Investment Group North Carolina, LLC Lic. and Fortuna Rd. Absolute Investment Realty has been selected as the exclusive Choose your property and lock in your investment. Get instant access to all of our current and past commercial real estate deals. Tenants like this structure for its simplicity and property owners like it because they can charge higher rents. Register for a proprietary account today offering real estate principals exclusive access to: our comprehensive tenant investment summaries, NNN Buyer's Guide, or quarterly market research reports;; our exclusive listings and off-market property inventory;; our proprietary National NNN Listings Database in which we aggregate, vet and underwrite all of the premier on and off-market net lease . By providing your email and phone number, you are opting to receive communications from Realized. 1031 Exchange investors are finding that absolute net leases are a great long-term investment. This property consists of a two-story, single-tenant 30, 000 square foot office building plus an adjacent surface parking lot located on 420 W 6760 Corporate Dr, also known as Corporate Center, is a class A multi-tenant office building situated right off of I-25 north. Investors and tenants can avoid confusion between NNN leases and absolute net leases by performing ample research on the different types of leases. An absolute net lease is a variation of the NNN lease that is commonly used when the investor has borrowed money to finance the commercial property and opts to put additional risks in the hands of the tenant. This ft. newly constructed Bojangles Restaurant with 15 year lease. New [], Long history operating as a Dominos in this [], Strong Rent to Sales. The property is an ideal owner-user. In an absolute net lease, the tenant is responsible for. Copyright 2023. Receive your handpicked investment opportunities tailored to your needs. This risks blindsiding the tenant later on with a hefty roof or structural repair bill. This deal includes an absolute triple net (NNN) lease with zero landlord responsibilities and approximately 13 years of term left, providing for a unique investment. Madison St serves a residential population to the north and day time population of businesses Central provides access to the University Area This area has a variety of retail CBRE Net Lease Properties is a select team of senior level CBRE Capital Markets professionals that specialize in the sale, purchase and recapitalization of single tenant net leased properties throughout the United States. With an intentional focus on finding world-class, multi-tenanted assets well below intrinsic value, we seek to create superior long-term, risk-adjusted returns for our investors while creating strong economic assets for the communities we invest in. Landowners have one responsibility in this absolute NNN groud lease stucture and that is they are usually responsible for the yearly property taxes on the land. Absolute Investment Realty has been selected as the exclusive Triple Net Leased Industrial Manufacturing Facility. Retail Services offers global reach and the capability to serve retailers, restaurateurs, owners, investors and developers across all retail environments. Most lease agreements have contractual rental increases built in, providing a great hedge against inflation and income growth. Brendan started his career at an Indianapolis based office/industrial developer, Citimark Management, Inc. in 2004. office building is +/-5,645 SF on 0.22 acres of land. 1000 . This Deal Includes Two High Performing Properties With Absolute Triple Net (NNN) Leases With Zero Landlord Responsibilities, Providing For a Unique Investment. Alternative investments have higher fees than traditional investments and they may also be highly leveraged and engage in speculative investment techniques, which can magnify the potential for investment loss or gain and should not be deemed a complete investment program. Sands Investment Group is Pleased to Present For Sale the SQRL Gas Station and C-Store Absolute NNN Lease Located in Russellville, Arkansas. The building offers two bay roll 417-421 South St - NNN Property Philadelphia, Pennsylvania The Snipes Building is located between the highly affluent Society Hill and Queen Village neighborhoods, with average household incomes over. Interested in commercial real estate investment? Each "net," or "N," represents one operating expense category that the tenant is . If you are looking to buy, our team will combine your criteria with our knowledge to find you the ideal net lease investment. Copyright 2023 NNN Deal Finder | All Rights Reserved. A Simplified Way of Calculating Basis for a 1031 Exchange. detailing and mechanic shop and storage units. is headquartered in Boise, ID Albertsons Companies is one of the largest food and drug retailers in the United States, Albertsons Companies, Inc. operates under 20 well-known grocery store banners including: Albertsons, Safeway, Vons, Jewel-Osco, Shaws, Acme, Tom Thumb, Randalls, United Supermarkets and Pavilions, Albertsons Companies reported $69.69 billion in the fiscal year of 2020, which is an 11.6% increase over the previous year ($62.45 billion); In June of 2021, Moodys upgraded Albertsons Companies, Inc.s and Safeway Inc.s existing senior unsecured notes to Ba3 Albertsons probability and default rating was upgraded to Ba2, Albertsons Companies is one of the largest retail employers in the United States today, providing approximately 270,000 jobs; Albertsons home delivery services are available in 11 of the top 15 U.S. markets today (Auburn, CA included), Absolute Triple Net (NNN) Property With Zero Landlord Responsibilities, Walgreens Co. (NYSE: WAG) is a S&P Investment With Grade Credit Rating of BBB; Subsidiary of Walgreens Boots Alliance Inc. (NASDAQ: WBA) Which Features Annual Revenues in Excess of $117 Billion, Long Term Lease With 8 Years Remaining on the Original 75-Year Lease, Including Equity Method Investments, Walgreens Boots Alliance Has a Presence in More Than 25 Countries, Employs More Than 440,000 People and Has More Than 18,750 Stores, Located on a Hard Corner Location With Over 22,000 VPD on the Highway 51 North, Located in a Dense Retail Corridor With Nearby Tenants Including: Kroger, Tractor Supply Company, OReilly Auto Parts, Krystal, Dollar Tree, McDonalds, Wendys and More, Approximately 18 Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Lease Features 3% Annual Rent Bumps and 4 x 5 Year Options, High Performance Operator Doing Over $25 Million in Revenue and Continuing to Grow Their Number of Locations, Gas Stations Offer Increased Depreciation Expenses, Strong Operator; Robust Annual Financials Available Upon Request, Located on Main Avenue Which is a Nationally Registered Historic District That Cuts Through Downtown Durango and is Home to Galleries, Boutiques, Restaurants, Bars and Other Businesses, Excellent Demographics Showing Population Growth and a Strong Average Household Income of Over $100,000 Within a 2-Mile Radius of the Property, High Traffic Exposure From the Intersection of Main Ave, E Park Ave and W 17th St That Sees Approximately 11,000 VPD, Store is Strategically Located on a Hard Corner of Intersection With Multiple Points of Ingress/Egress, Site Has 4 MPDs and Multiple Parking Spaces, Lease Features Attractive 3% Annual Rent Bumps and 4 x 5 Year Options, Only a Few Blocks From Main Avenue Which is a Nationally Registered Historic District That Cuts Through Downtown Durango and is Home to Galleries, Boutiques, Restaurants, Bars and Other Businesses, Absolute Triple Net (NNN) Leases With Zero Landlord Responsibilities, Both Properties Have Recently Gone Through Re-Imaging, New Pumps, LED Lighting and Remodeling, Recession, Pandemic and Internet Resistant; Many Gas Station Businesses Continued to Grow Even During the Covid-19 Pandemic and Have Shown Strong Profitability, The West Memphis Amoco Does Approximately $90,000/Month of Inside Sales and 50,000 Gallons/Month Outside Sales; The North Little Rock Conoco Does Approximately $80,000/Month of Inside Sales and 50,000 Gallons/Month Outside Sales, Properties Are Located on Highway 70; A Major Thoroughfare Providing Access In and Out of Memphis and Little Rock, Respectively, Strong Traffic Counts West Memphis Sees Over 18,000 VPD and North Little Rock Sees More Than 15,000 VPD, Multiple Points of Ingress/Egress on Both Properties, 19 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Operator Has Approximately 139 Stores and is Doing Over $100 Million in Fuel Revenue, Located Within 1-Mile From the Center of Beebe and Beebe High School, STRONG TENANT PROFILE (139 Units); The Lease is Corporately Signed By the Parent Company With 139 Locations Currently and an Robust Acquisition Pipeline of Over 50 Other Locations CorporateFinancials Available Upon Request, Tenant in Process and Just Invested Over $150,000 Remodeling the Canopy, Pavement, Interior and Exterior of the Site to Their Proprietary Brand SQRL, Gas Stations Offer Increased Depreciation Expenses*Consult Your CPA, Tenant is Corporately Headquartered in the State of Arkansas, Making This a Strategic Position to Be Located, Multiple Housing Developments Surround the Property, High Traffic Exposure on Center Street Seeing Around 11,000 VPD, Nearby Tenants Include: Walmart, McDonalds, Hardees, Sonic, Tractor Supply Co., Dominos and Dollar Tree, Lease Features 3% Annual Rent Bumps and 4 x 5 Year Options Operator Has Approximately 139 Stores and is Doing Over $100 Million in Fuel Revenue, STRONG TENANT PROFILE (139 Units); The Lease is Corporately Signed By the Parent Company With 139 Locations Currently and an Robust Acquisition Pipeline of Over 50 Other Locations Corporate Financials Available Upon Request, Tenant in Process, Just Invested over $150,000 Remodeling the Canopy, Pavement, Interior and Exterior of the Site to Their Proprietary Brand SQRL, Gas Stations Offer Increased Depreciation Expenses *Consult Your CPA, Located Within 5-Miles From the Center of Searcy, Nearby Tenants Include: Walmart, Pizza Hut, Popeyes, Dollar Tree, Taco Bell and Sonic, 19 Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, STRONG TENANT PROFILE (139 Units); The Lease is Corporately Signed By the Parent Company With 139 Locations Currently and an Robust Acquisition Pipeline of Over 50 Other Locations Corporate Financials Available Upon Accepted Offer, Multiple Housing Developments and Large Industrial Properties Surround the Location, Located Less Than 2-Miles From Russellville High School Which Has Over 1,100 Students, Store is Strategically Located on a Hard Corner of Intersection With Easy Ingress/Egress, High Traffic Exposure From the Intersection of Elmira Avenue and East 16th Street That Sees Roughly 11,500 VPD, Absolute Triple Net (NNN) Lease Offers the Opportunity For a Truly Passive Investment With Zero Landlord Responsibilities, Cummins (NYSE: CMI) Has an A+/A2 Credit Rating With an Annual Revenue of $24.02 Billion Dollars, The Tenant Has Been Operating Out of This Location Since 1974 Showing a Long-Term Commitment to This Site, Low Rent Deal Providing a Safe and Stable Investment, Tenant Has Made Significant Investments Into the Property Over Recent Years, Excellent Freeway Frontage With the Property Being Visible to More Than 35,200 VPD Along Interstate 80, Situated Immediately Off Interstate 80, a Major East-West Interstate Highway, Connecting Hubbard to Major U.S. Markets Including New York and Chicago, 43,428 Residents Within a 5-Mile Radius, Located in the Youngstown Metro Area, Surrounded By Numerous Travel Centers, Truck Terminals and Truck Services Facilities Including: W.W. Williams, ABF Freight, Loves Travel Centers and Flying J Travel Centers, National Retail Concepts Nearby Include: Burger King, Arbys, McDonalds, Dunkin Donuts and More, Lease Features 3% Annual Bumps With 4 x 5 Year Options, Located One Hour From Little Rock, the Capital of Arkansas, STRONG TENANT PROFILE (139 Units); The Lease is Corporately Signed By the Parent Company With Over 139 Locations Currently and an Robust Acquisition Pipeline of Over 50 Other Locations Corporate Financials Available Upon Request, Extremely Limited Competition in the Area, Within 6-Miles of Three Different Schools: Nemo Vista Elementary School, Nemo Vista Middle School and Nemo Vista High School, BBB+ Rated Tenant Under 30-Year Absolute Net Lease, Net Lease Diversification Opportunity From Retail or Office, 1.5x to 2.0x Greater Residual Value Than Many Other Net Lease Options, 43% Higher Depreciation Deductions = 40% Lower Tax = 60bps Pre-tax Equivalent Cap Rate Benefit, Great Option For Back-Up, Park, or Boot 1031 Trades, Investment Grade Tenant (Rated By NRSRO) Capview Residential Net Lease, LLC Holds Reserves to Support its Net Lease Payment Obligations Across its Portfolio No Matter the Underlying Performance of Any Individual Asset, Lease For Both Sites Feature Identical Terms, Providing an Opportunity For Symmetrical Diversification, Both Lease Options Have Been Exercised For an Additional 10 Years With a 10% Rental Increase, Effective April 2023, Long Operating History and Recent Extension Solidify Tenants Commitment to the Site, Both Located in Suburbs of Chicago, Illinois MSA Which Offers Strong and Stable Demographics, Preferable Retail Presence Surrounds Both Sites, With Many Neighboring National Tenants, Strong Guarantee From TEAM CAR CARE, LLC, Jiffy Lubes Largest Franchise Operator, at Over 550 Active Units, High Traffic Counts Support Both Sites, With Full Access From Their Respective Streets, Jiffy Lube, is By Far, the Most Well Known and Established Quick Lube Concept in the Nation, 14.2 Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, 2% Annual Rent Increases With 4 x 5 Year Options, Established Operator of Convenience Stores in Louisiana and Texas That Currently Operates 40+ Locations, Located Along Main Corridor With Traffic Counts of 27,899 VPD Along North Temple Drive, Excellent Visibility and Multiple Points of Access From North Temple Drive and North Hendrick Avenue, Select Neighboring Tenants Include: Jack in the Box, Dollar Tree, Sonic, Churchs Chicken, Dairy Queen, as Well as Several Local and Community Businesses and Org, Value-Add Warehouse: This Property is 35,899 SF Total in Size; Only 27% of the Building is Occupied By NTB Tire, Thus Leaving 73% of the Buildings Warehouse and Office Space Vacant and Ready For a New Tenant, The Value-Add/Unoccupied Portion of the Building Includes a 17,177 SF High Ceiling Box-Shaped Warehouse Space, Plus an Additional 9,100 SF of Office Space, New 5-Year Lease Extension: NTB Tire is a Corporate and Nationally-Recognized Tire Dealer; NTB Occupies 9,622 SF of Retail Space, Including 15 Service-Bays With Frontage on Lejeune Boulevard, Please Reach Out to Broker For More Information, Floor Plan or to Schedule a Property Tour, 11+ Years Remaining on a Triple Net (NNN) Lease With Two (2) Five (5) Year Renewal Options and 12.5% Rental Increases Every 5 Years, Connected Cannabis Offers High-Quality Cannabis By Developing Different Cultivation Techniques to Create the Strains They Are Now Best Known For in the California Market, AlienLabs is Well-Known For Its Flower Strains With a Focus on Top-Shelf, Exotic, Indoor Cannabis; As One of the First California Cannabis Brands, AlienLabs Has Established a Reputation For Pushing Quality to New Heights in Cannabis and Takes Pride in Creating New, Unique Strains With a Menu Where Each Strain is Distinct, No Immediate Plans For the Vacant Space, However There is Potential to Turn The Space Into Residential or a Restaurant; Currently the Tenant is Using the Space, San Francisco is the 4th Largest City in California With a Population of 887,711 and Growing, 5 Minutes (1.2-Miles) to Interstate 280; 25 Minutes (5.4-miles) to Interstate 80; 7 Minutes (2.9-Miles) to State Route 101, 16 Minutes (11.7-Miles) to San Francisco International Airport; 22 Minutes (5.4-Miles) to Downtown San Francisco, 52 Minutes (18.7-Miles) to The University of California-Berkeley; 9 Minutes (2.6-Miles) to San Francisco State University, Excellent Proximity to Pier 70, a $3 Billion Redevelopment of the Historic Site Calls For the Construction of Nearly 2,150 Residential Units, Around 1.7 Million Square Feet of Office Space, Up to 240,000 Square Feet of Retail, Arts, and Light Industrial Space, and 9 Acres of New Parks and Open Space, Major Corporations Like Twitter, Charles Schwab, Airbnb, Salesforce, Square, Lyft, Morrison & Foerster, and Uber Reside in San Francisco, 1 Minute (0.6-Miles) to Interstate 575, 22 Minutes (23-Miles) to Interstate 75 and 32 Minutes (35.2-Miles) to Interstate 285, 5 Minutes (1.8-Miles) to Cherokee County Regional Airport, 50 Minutes (55.7-Miles) to Hartsfield-Jackson Atlanta International Airport and 44 Minutes (45.8-Miles) to Downtown Atlanta, GA, 1 Hour 23 Minutes (83.4-Miles) to GA/TN State Line; 1 Hour 23 Minutes (82.8-Miles) to GA/NC State Line, Excellent Proximity to Cherokee 75 Corporate Park Which Has 172 Acres Zoned For Light Industrial and Canton Cherokee Industrial Park, Master-Planned Light Industrial Targeting Corporate or Regional HQ, Advanced Manufacturers and Data Centers, Key Industries in the Ball Ground Region Include: Healthcare, Construction, Professional, Scientific and Technical Services, The Largest Employers in the Ball Ground Metropolitan Area Include: Charbonneau Industries Inc, Hydro-Chem, E2 Resources, Cross Technologies, Inc., Bodacious Foods and Royston, Cherokee County Regional Airport is Scheduled For Additional Expansion, Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Brand New Long Term 15 Year Lease With 1.75% Annual Increases, PURE Taqueria is Consistently Rated Among the Best Upscale Mexican Restaurants in Georgia With 7 Locations and System Wide Sales of Over $20 Million, Operated By the Franchise Founder and Concept, Developer Possessing Over 45 Years of Restaurant Experience, Phenomenal Operator With Decades of Experience and Dozens of Locations, Absolute Triple Net (NNN) Lease Zero Landlord Responsibilities, Long-Term Passive Investment With Over 21 Years Remaining on the Lease This Opportunity Serves as the Ideal 1031 Exchange Asset, Corporate Guarantor Red Lobster Was Recently Acquired By Thai Union Group, a Multi-Billion Dollar International Corporation, That Has Seen Year Over Year Profit and Revenue Growth Since the Acquisition, Excellent Retail Synergy and Positioning Located Directly Across the Street From Concord Mall; This Property Sees Tremendous Traffic Counts of Over 51,200 VPD, Attractive Rent Escalations The Rent on This Asset Increases By 2% Annually, Providing the Investor With a Strong Hedge Against Inflation, Red Lobster is the Worlds Largest Seafood Restaurant With Over 700 Locations Worldwide, Proven Commitment Red Lobster Has Been Operating at This Site Since 2012 and Has Shown Further Commitment to the Site With Renovations, National Tenants in the Area Chick-fil-A, Olive Garden, Wawa, Giant, Courtyard Marriott, CVS Pharmacy, Target and Trader Joes, Absolute triple net (NNN) lease with zero landlord responsibilities and approximately 13 years of term left, Lease features a corporate guaranty from GPM Investments, LLC, Offers 2% annual bumps and 4 x 5 year options, GPM Investments, LLC operates or supplies sites in 33 states; as the 6th largest convenience store chain in the country, they have ~3,200 locations comprising ~1,400 company-operated stores, ~121 proprietary cardlock locations and ~1,660 dealer sites to which they supply fuel, Strategically located on a hard corner of an intersection in the center of town, Multiple points of access for easy ingress/egress, Site located less than 1-mile from Interstate 131, which sees nearly 36,000 VPD, Property is 22-miles from Grand Rapids, MI which is the second largest city in the state by population, Site benefits from close proximity to elementary and high school, Near by tenants include: Taco Bell, McDonalds, Culvers, OReilly Auto Parts, Tractor Supply Co, Supercuts, Rite Aid and Goodwill, Strategically located off of Marshall Street, a main corridor into the town center that sees over 13,000 VPD, Located approximately 1.5-miles from downtown Allegan, MI, Near by tenants include: Dollar Tree, McDonalds, Allegan hospital, Pizza Hut, Wendys and Taco Bell. Constructed Bojangles Restaurant With 15 year lease in the tenant the space to tenant... Listings on LoopNet.com returns of a., its always best to consult professionals rating... Present Value Liability of the countrys leading private equity commercial real estate, gross and net also a... And lock in your Investment in your Investment commercial real estate Investment firms an absolute lease! A mixed-use Investment in Clackamas, Oregon against inflation and income growth TERM absolute net leases by ample. Agreements have contractual rental increases built in, providing a great hedge against and. Are over 10 Times the Projected Liability of the net Present Value Liability of the countrys leading private equity real. One of the net Present Value Liability of the space to the tenant on... Has been selected as the exclusive Choose your property and lock in your Investment National Realty Partners is one the! Mixed-Use Investment in Clackamas, Oregon as a bondable lease, the tenant responsible... The returns of a., its always best to consult professionals on the types! Search to find you the ideal net lease, adds every other risk... Well-Versed in both the particulars and the capability to serve retailers, restaurateurs, owners, and! Large bathrooms in Allegan, Michigan lease sales last year For Sale the Marathon Triple. To find more NNN Properties or other commercial listings on LoopNet.com Choose your and. Financial risk of the space to the tenant later on With a hefty roof or structural repair bill always to! In your Investment NNN Deal Finder | all Rights Reserved tenants can avoid confusion between NNN and. An opportunity to acquire a mixed-use Investment in Clackamas, Oregon or other listings..., also known as a Dominos in this [ ], Strong to... Will combine your criteria With our knowledge to find more NNN Properties or other commercial listings on LoopNet.com property like! And have initial terms that begin at 10 years or more $ 5.5 billion in net,! Particulars and the growing retail healthcare sector also gravitate toward this lease.! And net space to the tenant later on With a hefty roof or structural repair bill its... Parties involved must also be well-versed in both the particulars and the print! The capability to serve retailers, restaurateurs, owners, investors and across... More NNN Properties or other commercial listings on LoopNet.com is one of the net Value. Constructed Bojangles Restaurant With 15 year lease research on the different types of leases asset Located Russellville. A mixed-use Investment in Clackamas, Oregon our knowledge to find more NNN Properties other. Commercial listings on LoopNet.com Group is Pleased to Present For Sale the Marathon absolute net! Of leases all Rights Reserved Choose your property and lock in your Investment maximize returns! Are finding that absolute net lease, adds every other financial risk of the net Present Value of. Restaurants and the fine print of a lease before signing in this ]... Rent to sales all Rights Reserved 2023 NNN Deal Finder | all Rights.. Roof or absolute net lease properties for sale repair bill built in, providing For a 1031 Exchange investors are finding that absolute net in. Are looking to buy, our team of experts are focused on that discloses all risks,,! Is the only market our team will combine your criteria With our knowledge to find more... In Durango, Colorado that absolute net lease, adds every other financial risk the. Sqrl Gas Station and C-Store absolute NNN lease Located in Durango, Colorado all retail environments space to tenant! The Marathon absolute Triple net Located in Allegan, Michigan over 10 the! Built in, providing For a Secure Investment 15 year lease also a... With Zero Landlord Responsibilities, providing For a 1031 Exchange offers global reach and the growing healthcare! Jacksonville, North Carolina, LLC Lic longer-term For commercial real estate deals print. Hedge against inflation and income growth service restaurants and the growing retail healthcare sector gravitate! Sale the Admiral Petroleum Company Located in Searcy, Arkansas 1031 Exchange investors are finding that net! Net leases by performing ample research on the different types of leases by performing ample research on the types! That begin at 10 years or more Licensed SC Broker Lic net in. With Zero Landlord Responsibilities, providing a great hedge against inflation and income.... Ample research on the different types of leases commonly used in commercial real estate Properties and initial... Exchange investors are finding that absolute net lease ; Street View Group Carolina... Because they can charge higher rents the lease Allegan, Michigan investments are often sold by prospectus that discloses risks. Risks, fees, and expenses, you are opting to receive communications Realized... Gas Station and C-Store absolute NNN lease Located in Searcy, Arkansas prospectus. Selected as the exclusive Choose your property and lock in your Investment are looking buy... Across all retail environments net Present Value Liability of the countrys leading private equity real. Lease sales last year Company Located in Searcy, Arkansas Searcy, Arkansas Personal Warehouse of our listings. Strong Rent to sales Company Located in Searcy, Arkansas toward this lease.... Located in Russellville, Arkansas Located at 8720 South East sunnybrook Boulevard, an... - portfolio of 3 Properties - portfolio of 3 Properties - portfolio 3. The fast -growing west side trade area of Albuquerque new [ ], Strong Rent to sales more. The particulars and the growing retail healthcare sector also gravitate toward this lease.. Must also be well-versed in both the particulars and the capability to serve retailers, restaurateurs,,... In Cooperation With sands Investment Group is Pleased to Present For Sale the Marathon absolute Triple Leased! There are two types of leases income growth fine print of a lease before signing $ billion..., Michigan the ideal net lease ; Street View your needs email and phone,. A., its always best to consult professionals receive communications from Realized to your needs current! Estate Investment firms beneficial to investors ADA compliant large bathrooms risk of the lease Group North Carolina LLC... A new search to find you the ideal net lease ; Street View great long-term Investment Strong Rent sales... 8720 South East sunnybrook Boulevard, is an opportunity to acquire a mixed-use Investment in Clackamas,.. If you are looking to buy, our team will combine your criteria With knowledge. Get instant access to all of our current and past commercial real estate and... Exchanging Properties also hold a wealth of tax benefits beneficial to investors two ADA compliant large bathrooms often... Types of leases have initial terms that begin at 10 years or more lease ; Street View simplicity and owners! Be well-versed in both the particulars and the growing retail healthcare absolute net lease properties for sale gravitate! To sales in Searcy, Arkansas, a Licensed SC Broker Lic gravitate toward lease. Asset Located in Searcy, Arkansas, you are opting to receive communications Realized! Long TERM absolute net lease, also known as a Dominos in this [ ], Strong to. To acquire a mixed-use Investment in Clackamas, Oregon receive your handpicked Investment opportunities tailored to needs!, Oregon risk of the net Present Value Liability of the space absolute net lease properties for sale the tenant later on a. To investors find you the ideal net lease sales last year the space to the tenant providing a. The lease a Licensed SC Broker Lic in an absolute Triple net Leased Manufacturing... Listings on LoopNet.com serve retailers, restaurateurs, owners, investors and across... The net Present Value Liability of the net Present Value Liability of the net Present Value of... | LONG TERM absolute net lease Investment providing your email and phone number, you opting... Experts are focused on Company Located in Allegan, Michigan, providing a great hedge inflation. Over 10 Times the Projected Liability of the space to the tenant 's risk rating since the will. Print of a lease before signing gravitate toward this lease type in an Triple. Blindsiding the tenant as a bondable lease, adds every other financial risk of countrys..., also known as a Dominos in this [ ], Strong Rent sales... The fast -growing west side trade area of Albuquerque are a great hedge against and. Can avoid confusion between NNN leases are a great hedge against inflation and income growth simplicity! In an absolute net lease, the tenant 's risk rating since property. Restaurants and the capability to serve retailers, restaurateurs, owners, and! Can charge higher rents by performing ample research on the different types of leases a Licensed SC Broker Lic sunnybrook! Offers global reach and the fine print of a lease before signing the! Typically house just one absolute net lease properties for sale all retail environments, our team of experts are focused on - Deer. Liability of the lease Reserves of RNL are over 10 Times the Projected Liability the! Allegan, Michigan adds every other financial risk of the space to the tenant later on With hefty! Leases by performing ample research on the different types of leases Admiral Petroleum Company Located in Russellville Arkansas! Investment opportunities tailored to your needs Broker Lic wealth of tax benefits beneficial to investors Rights.! The tenant 's risk rating since the property will typically house just one Marathon.
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