Sales History | NNN Properties

Below is a list of our NNN Sales Transactions. Keep in mind that the majority of our Sales are off market transactions and are NOT posted on our website. We have access to thousands of Net Leased Properties located all across the Country. Please Contact Us for various NNN properties opportunities and we will help you find what you're looking for.

WE'VE SOLD OVER 145 NNN PROPERTIES WORTH IN EXCESS OF $300,000,000+.

We represent a large number of high net worth, private investors and are well versed/experienced in all facets of commercial real estate but our primary focus is on retail, including single tenant net leased property and shopping centers. Our service is FREE to the Buyer.  The owners who develop and sell these properties are real estate professionals and even they hire agents to advise them. As a Buyer, you should have an agent too

2015 Sold NNN Properties

NNN 7-Eleven / Dunkin' Donuts / Jimmy John's

Ft. Myers, FL
Brand new 15 year NNN 7-Eleven corporate (free standing) and a new 2-Tenant Strip Center - with a 20 year Dunkin Donuts and 10 year Jimmy John's. All have 10% rent bumps every 5-years. A+ location across from Edison State College
Status: SOLD
Closing Date: 7/21/15
Sales Price: $5,000,000
Lease Term: 15± Years
Guarantor: Corporate
S&P Rating: AA-
Year Built: 2015
NNN 7-Eleven

NNN Family Dollar

Munford, TN
Brand new 15 year absolute NNN Family Dollar corporate with a 10% rent increase in year 11 and in each 6 x 5 year options. Relocation store, Family Dollar has had a presence in this area for several years and chose to relocate here due to the superior location.
Status: SOLD
Closing Date: 6/9/15
Asking Price: $1,520,000
Cap Rate: 6.67%
Lease Term: 15± Years
Guarantor: Corporate
S&P Rating: BBB-
LL Responsible: None

NNN BBVA Compass Bank Ground Lease

Spring (Houston), TX
NNN BBVA Compass Bank ground lease located in Houston, TX with 18 yrs left and 10% bumps every 5 yrs. Densely populated sub-market directly across from a Home Depot and on the hard corner signalized. BBVA is paying rent, however the building is not built yet. BBVA operates over 708 branches and employs over 11,228 people.

Status: SOLD
Closing Date: 5/11/15
Asking Price: $4,324,000
Cap Rate: 5.0%
Lease Term: 18± Years
Guarantor: Corporate
S&P Rating: BBB-
LL Responsible: None
NNN BBVA Compass Bank For Sale

NNN CVS pharmacy

Laredo, TX - Low Price Point
Brand new NNN CVS located in Laredo, TX. The store is newly constructed and opened for business in October 2014. The property has a 25-year triple-net lease in place with no landlord responsibilities and no rent holiday. CVS (NYSE: CVS) is a publicly traded company, Ranking #13 in FORTUNE 500, S&P Rated BBB+.

Status: SOLD
Sales Price: $4,510,000
Cap Rate: 5.24%
Lease Term: 25 Years
Symbol: CVS
Guarantor: Corporate
NNN CVS Dunedin, FL

NNN Bank Of America

Sarasota, FL
A+ Sarasota location. BofA just executed a new 15 year Lease extension with RARE 3% annual rent bumps. Sale includes both building & Land (not a ground lease) - owner benefits from depreciation. Parcel has been a bank location for over 80 years. This is the 3rd highest Deposit Level for BofA out of 19 branches in Sarasota County ($130,000,000+).

Status: SOLD
Closing Date: 4/16/15
Sales Price: $5,950,000
CAP Rate: 4.20%
Years on Lease: 15± Years
Rent Increases: 3% Annual
S&P Rating: A-
NNN 7-Eleven For Sale

NNN AutoZone Corporate Ground Lease

Cathedral City (Palm Springs), CA
Established NNN AutoZone Ground Lease. Showing its commitment to this location, AutoZone has recently extended the Lease for a new 15 year Term. AutoZone, Inc. is the nation's 2nd leading retailer of automotive parts and accessories, with over 5,200 stores in the U.S., Puerto Rico, Mexico & Brazil. S&P Rated BBB qualifying as Investment Grade. $5.6 Billion in sales!

Status: SOLD
Closing Date: 3/30/15
Asking Price: $1,905,000
Cap Rate: 5.0%
Lease Term: 15 Years
Guarantor: Corporate
LL Responsible: None

NNN PDQ Corporate

Riverview (Tampa), FL
Brand new 20 year absolute NNN PDQ located in Riverview, FL with 10% rent increase every 5-years. Absolute NNN Lease with zero Landlord responsibilities. A+ hard signalized corner nex to Sam's Club, Publix. Walmart Market, Walgreens and adjacent to New $237 Million Hospital.

Status: SOLD
Closing Date: 3/11/15
Asking Price: $2,957,731
CAP Rate: 6.09%
Years on Lease: 20± Years
Rent Increases: 10% Every 5
Guarantor: Corporate
NNN 7-Eleven For Sale

NNN BBVA Compass Bank Ground Lease

Huntsville, AL
New 20 year absolute NNN BBVA Compass Bank ground lease with 17.5± years remaining and 10% rent increases every 5-years. Outparcel to a newly developed Kroger center. 47,400 vehicles per day on US Hwy 72. BBVA is paying rent, however the building is not built yet. BBVA operates over 708 branches and employs over 11,228 people.

Status: SOLD
Closing Date: 3/10/15
Asking Price: $1,360,000
Cap Rate: 5.86%
Lease Term: 17.5± Years
S&P Rating: BBB-
LL Responsible: None

NNN Walmart Neighborhood market

Riverview (Tampa), FL - Low Price/Rent
Brand new 41,405 SF NNN Wal-Mart Neighborhood Market Ground Lease located in Riverview, FL. Wal-Mart has a brand new 20 year NNN ground lease. Just off I-75 in the dominant retail trade area, situated on 5.4 acres in front of a Sam's Club and across from a Publix, Walgreens, and next to future $237 million St. Joseph’s Hospital South

Status: SOLD
Closing Date: 3/6/15
Asking Price: $3,935,000
CAP Rate: 4.70%
Years on Lease: 20 Years
Rent Increases: In Options
Guarantor: Corporate
NNN 7-Eleven For Sale

NNN CVS pharmacy

Buda (Austin), TX
NNN corporate CVS located in Buda (Austin MSA), Texas. Brand new 25-year absolute NNN ground lease with 10%± increases at the beginning of each option. CVS Caremark (NYSE: CVS) is a publicly traded company, Ranking #13 in FORTUNE 500, S&P Rated BBB+ with 2013 revenues of $126.76 billion, 2013 net income of $4.59 billion, 2013 assets of $71.53 billion and 2013 equity of $37.94 billion.

Status: SOLD
Closing Date: 3/5/15
Sales Price: $2,835,052
Cap Rate: 4.85%
Lease Term: 25 Years
Symbol: CVS
Guarantor: Corporate

NNN Buffalo Wild Wings Corporate

900 FL-436 Casselberry (Orlando), FL
NNN Corporate Buffalo Wild Wings located in Casselberry (Orlando MSA), FL. There 9.5+ yrs. left on the corporate lease and 10% increases every 5 years. This major signalized intersection is one of the busiest in Orlando (80,000 VPD) and is located minutes from the I-4 and 417 highways, 15 minutes from Downtown Orlando.

Status: SOLD
Closing Date: 2/20/15
Asking Price: $2,250,000
CAP Rate: 6.11%
Years on Lease: 9.5± Years
Rent Increases: 10% Every 5
Guarantor: Corporate
NNN 7-Eleven For Sale

NNN Pollo Tropical Corporate

11440 Dallas North Tollway Frisco, TX
Brand new 20 year absolute NNN Pollo Tropical located in Frisco (Dallas), TX with 10% rent bumps every 5-years. Highly Affluent Location - Average HH Income exceeds $145,000. Located in front of a Costco, Home Depot, Super Target, Market Street, Bank of America, Chase Bank. Pollo Tropical has 6 locations in the D/FW area and over 150 total units.

Status: SOLD
Closing Date: 2/19/15
Sales Price: $2,250,000
CAP Rate: 5.00%
Years on Lease: 20± Years
Rent Increases: 10% Every 5
Guarantor: Corporate
NNN 7-Eleven For Sale

NNN 7-Eleven Corporate

8343 George Washington Memorial Hwy Gloucester, VA
Established NNN 7-Eleven in Gloucester, VA with very storng sales! 7-Eleven has been at this location for over 20 years and recently signed a new 15 year absolute net lease - approx 9.5 yrs remain with 11% rent increases every 5-years with 3 x 5 year options to renew with CPI Increases each option. The initial lease term expires 12/31/2023.

Status: SOLD
Closing Date: 2/18/15
SALES Price: $960,000
CAP: 5.24%
Years on Lease: 9.5± Years
Rent Increases: 11% Every 5
S&P Rating: AA-
NNN 7-Eleven For Sale

NNN Bank Of America Ground Lease

9710 Bissonnet Street, Houston, TX
NNN Bank of America located in Houston, TX with 15± yrs remaining on the Lease and 10% bumps every 5-yrs. Total population within 1-mile is 30,000+. (NYSE: BAC | S&P: A/Stable) BAC is the 21 largest company in the US by total revenue. It acquired Merrill Lynch and Countrywide Financial in 2008. BAC operates 5,151 banking centers and 16,259 ATMs.

Status: SOLD
Closing Date 2/4/15
Sales Price: $2,090,000
CAP Rate: 5.0%
Years on Lease: 15± Years
Rent Increases: 10% Every 5
Guarantor: Corporate
NNN 7-Eleven For Sale

NNN WAWA gROUND lEASE

2365 25th St. N. St. Petersburg, FL
Brand New 20 Year Absolute NNN WaWa located in St. Petersburg, FL. Located on a heavily trafficked 25th St. at a hard signalized intersection in front of a Lowe's and across from Home Depot, and a few blocks from Hwy 275. WaWa is the largest privately held convenient store operator in the US with over 520 locations and is ranked #47 in Forbes list of top privately held companies.

Status: SOLD
Closing Date 2/2/15
ASKING Price: $4,079,200
CAP Rate: 5.05%
Building Size: 5,500± SF
Years on Lease: 20± Years
Guarantor: Corporate
NNN WaWa For Sale

NNN mayfair plaza - Chase/Petco/sbux

Chicago, IL
Urban In-fill NNN shopping center located on Chicago’s Northwest side. Solid mix of national tenants with long term leases, including: Chase Bank, Starbucks, T-Mobile, Petco and Sleepy’s. Chase is located in a free-standing building along Pulaski Avenue with a lease running until 2027. Dense Infill Locatoin - More than 420,000 people in a 3-mile radius, 1.1M+ within 5-mile radius.

Status: SOLD
Closing Date 1/23/15
Sales Price: 15,300,000
CAP RAteI: 5.95%
Building size: 32,962 SF
# of Tenants: 8
Year Built : 2008
NNN 7-Eleven For Sale

2014 Sold NNN Properties

NNN 7-Eleven Corporate

2411 Seven Springs Rd. New Port Richey, FL
Rare Absolute NNN 7-Eleven Corporate (building & Land) located in New Port Richey (Tampa), FL w/13% bumps every 5-years and zero LL obligations. Established locatoin for 30+ years!

Status: SOLD
Closing Date 12/29/14
Sales Price: $1,195,000
CAP RATE: 5.48%
Years on Lease: 8± Years
Rent Increases: 13% Every 5
Guarantor: Corporate
NNN 7-Eleven For Sale

NNN Checkers CORPORATE

7415 State Road 54, New Port Richey, FL
Absolute NNN Corporate Checker's Drive-In Restaurants with 11.7± years remaining on the 20 year lease with a max of 1.5% ANNUAL rent increases, based off CPI. established Checkers located in a stable/mature market on a heavily trafficked 6-lane State Road 54 (traffic counts of 42,000+ VPD) - across from a Walgreens, 7-Eleven and CVS.

Status: SOLD
Closing Date 12/29/14
Sales Price: $1,465,000
CAP RATE: 6.41%
Rent Bump: 1.5% Annual
Guarantor: Corporate
Lease Term : 11.7 years
NNN Panera Bread For Sale

NNN Panera BreaD CORPORATE

1721 East Central Expressway, Killeen, TX
New 15 year absolute NNN Panera Bread Corporate ground lease with 10% rent increases every 5-years. Absolute NNN Ground Lease - Tenant is responsible for taxes, insurance and all maintenance, including roof and structure. Directly Across from 620,000-SF Killeen Mall - City's Busiest Mall Anchored by Dillard's, Sears, and JCPenney. Publicly Traded on NASDAQ - "PNRA" - Net Worth over $820 Million.

Status: SOLD
Closing Date 12/18/14
Sales Price: $2,070,000
CAP RATE: 5.07%
Rent Bump: 10% Every 5
Guarantor: Corporate
Lease Term : 15 years
NNN Panera Bread For Sale

NNN JACK In The BOx

3415 Navigation Blvd., Houston, TX
Corporate NNN Jack-In-The-Box ground lease located in Houston, TX (±8-miles from downtown Houston) with approx 15 years remaining on the lease with 10% bumps every 5-years and 2 x 5 year options to renew. Great visibility & easy access.

Status: SOLD
Asking Price: $1,240,000
NOI: $63,250
CAP Rate: 5.10%
Years on Lease: 15± Years
Rent Increases: 10% Every 5
Guarantor: Corporate

NNN Dollar General

18300 State Highway 108 Jamestown, CA
Brand New Absolute NNN 15 Year Corporate Dollar General in Northern Cali. Recession-Proof Tenant. Upgraded architecture (Bricks & EIFS Stucco). 2014 Construction. No Direct retailer competition within a 5-mile radius. Dollar General: #164 in Fortune 500 – S&P BBB- Rating – Investment Grade.

Status: SOLD
Closing Date: 11/19/14
Asking Price: $2,605,000
Cap Rate: 6.15%
Building Size: 9,317± SF
Lease Term: 15± Years
Guarantor: Corporate

NNN CVS Pharmacy

2175 Main Street Dunedin, Florida
Absolute NNN CVS Corporate (BBB+) located in Dunedin, FL. CVS operates under 25 yr lease with 15± yrs left on Lease and 10 x 5 year options. A+ Location, situated on 1.5+ acres at a hard signalized intersection with traffic counts exceeding 66,000 VPD. Next to Westfield mall anchored by Dillard's, JC Penney, Macy's and Sears.

Status: SOLD
Closing Date: 11/5/14
Asking Price: $5,850,000
Cap Rate: 6.47%
Lease Term: 15± Years
Symbol: CVS
Guarantor: Corporate

NNN CVS pharmacy

Lebanon (Nashville), TN
Brand New 25 year absolute NNN CVS ground lease located in Nashville, TN. Relocation Store | Proven Success in this Market. 100% guaranteed by CVS Caremark Corporation. Hard corner location. 10% bumps in options. Brand New 2014 Construction. Highly Fundamental Rent Structure and Price Point. Investment grade S&P Rated BBB+.

Status: SOLD
Closing Date: 10/6/14
Asking Price: $2,336,603
Cap Rate: 5.30%
Lease Term: 25 Years
Symbol: CVS
Guarantor: Corporate

NNN Starbucks

8075 Spencer Highway, Deer Park, TX
RARE absolute NNN Starbucks located in Deer Park, TX. Starbucks has a new 10 year lease that includes 10% rent increases every 5-years. 30,625 SF Lot with 40 Parking Spaces. The property is directly across from from San Jacinto Community College (15,000 Students) and a brand New 67,000 SF Training Facility -Estimated 2,000 Visitors Daily.

Status: SOLD
Closing Date: 10/1/14
Asking Price: $1,726,300
Cap Rate: 4.75%
Lease Term: 9± Years
Symbol: SBUX
Guarantor: Corporate

NNN Dollar General

Tampa, FL
Brand New 15 Year NNN Dollar General in Tampa, FL. Recession-Proof Tenant. Excellent Location-Over 150k people within 5 miles and in excess of 10k people within 1-mile with Avg HH Income of $40,000. Upgraded architecture (Bricks & EIFS Stucco). S&P BBB- Rating – Investment Grade.

Status: SOLD
Closing Date: 9/17/14
Price: $2,015,000
Cap Rate: 6.35%
Building Size: 9,026± SF
Lease Term: 15 Years
Guarantor: Corporate

NNN SweetFrogs

Orlando, FL
Absolute NNN KFC subleased to Sweetfrogs - Sweet Frog Premium Frozen Yogurt has over 400 locations nationwide, Dominican Republic & London. There are 14.5 years left on the Lease with 10% bumps every 5-years. Affluent master planned community of Avalon Park in Orlando, FL.

Status: SOLD
Closing Date: 9/16/14
Asking Price: $1,550,000
CAP: 5.50%
Years on Lease: 14.5± Years
Rent Increases: 10% Every 5
NNN Sweetfrogs For Sale

NNN 7-Eleven Corporate

Chesapeake, VA
Absolute NNN 7-Eleven Corporate ground lease in Chesapeake, VA with 10 years remaining on the Lease and 10% bumps every 5-years. Heavily trafficked, Dense Infll Location at a busy signalized corner. World's Largest Convenience Retail Chain and Investment Grade S&P Rated AA-.

Status: SOLD
Closing Date: 9/9/14
Asking Price: $1,796,445
CAP: 5.90%
Years on Lease: 10± Years
Rent Increases: 10% Every 5
S&P Rating: AA-
NNN 7-Eleven For Sale

NNN Dollar General

Tampa, FL
Brand New 15 Year NNN Corporate Dollar General in Tampa, FL. Excellent Location - Population exceeds 153,000 within 5-miles. 1,700 Feet from Florida State Fairground! Upgraded architecture. Recession-Proof Tenant. Dollar General: #164 in Fortune 500 – S&P BBB- Rating.

Status: SOLD
Closing Date: 8/28/14
Asking Price: $2,028,463
Cap Rate: 6.25%
Building Size: 9,100± SF
Lease Term: 15 Years
Guarantor: Corporate

Scottsdale Cardiovascular

Scottsdale, AZ
NNN single-tenant medical office building 100% leased to Scottsdale Cardiology (for over 30 yrs). 8-years remaining on Lease with 3% annual bumps. Outstanding location near Scottsdale Healthcare Osborn Medical Campus. Frontage and visibility along Civic Center Plaza and Earl Drive.

Status: SOLD
Closing Date: 6/17/14
Asking Price: $2,500,000
CAP RATE: 7.00%
Rent Bump: 3% Annual
Lease Term: 8± years

NNN HUNTINGTON BANK

Streetsboro, OH
NNN ground lease guaranteed by The Huntington National Bank (SP: BBB+). Outparcel to Giant Eagle, Target & Lowe's. Bite size deal - only $887,380 / 7.17% CAP and there are 8± years remaining on the Lease. The Huntington National Bank has subleased to Kent Credit.

Status: SOLD
Closing Date: 6/16/14
ASKING Price: $887,380
CAP RATE: 7.17%
Rent Bump: 10% Every 5
Lease Term: 15 years

NNN 7-Eleven Corporate

Orlando, FL - Low Rent/Price Point
Brand New 10 Year Absolute NNN 7-Eleven Corporate ground lease in Orlando, FL with 10% bumps every 5-years. Heavily trafficked, Dense Infll Location at a busy signalized corner.

Status: SOLD
Closing Date: 5/5/14
Asking Price: $1,310,000
CAP: 4.74%
Years on Lease: 10± Years
Rent Increases: 10% Every 5
S&P Rating: AA-
NNN 7-Eleven For Sale

NNN O'REILLY AUto PARTS

Ft. Worth, TX
Rare low priced, Absolute NNN corporate O'Reilly Auto Ground Lease located in Ft. Worth, TX with 13± yrs left on the 20 year Lease and 10% bumps every 5-years. Dense infill location with 21,000± people within 1-mile. Great intrinsic value with below market rent and priced below replacement cost.

Status: SOLD
Closing Date: 4/29/14
Asking Price: $960,000
CAP: 4.88%
Years on Lease: 13± Years
Rent Increases: 10% Every 5
S&P Rating: BBB

NNN 7-Eleven Corporate

Clinton Township, MI
Well located 7-Eleven ground lease in an affluent suburb of Detroit (22 miles north of Detroit). Established Location - There are 6+ years remaining on a 15 year lease with 10% rent increases. Absolute Triple-Net Lease - No Landlord Responsibilities.

Status: SOLD
Closing Date: 4/22/14
Sales Price: $1,150,000
CAP: 7.58%
Years on Lease: 6± Years
Rent Increases: 10% Every 5
S&P Rating: AA-
NNN 7-Eleven For Sale

NNN Jiffy Lube Ground Lease

Orlando, FL
Established NNN Jiffy Lube located in Orlando, FL. Jiffy Lube has occupied this location for over 30 years and have recently extended the lease for an additional 10 years. RARE 12% rent increases every 3-years. Great Frontage in Orange Blossom Trail with Traffic Counts of 50,000 CPD.

Status: SOLD
Closing Date: 4/18/14
SALES Price: $756,000
CAP: 7.25%
Years on Lease: 10± Years
Rent Increases: 12% Every 3
Guarantor: Franchisee
NNN Bank of America

NNN CHECKERS CORporate

Boca Raton, FL
Established NNN Corporate Checkers located in Boca Raton, FL. Checkers has been at this location for over 15 years and recently extended the lease for an additional 15 years, showing their dedication to this location. There are 12% rent increases every 5-years with 2 x 5 year options to renew.

Status: SOLD
Closing Date: 4/17/14
SALES Price: $1,465,000
CAP: 5.25%
Years on Lease: 15± Years
Rent Increases: 12% Every 5
Guarantor: Corporate
NNN Bank of America

NNN Bank of America GL

Wesley Chapel, NC
Absolute NNN Bank of America located in Wesley Chapel, NC. 12+ yrs remaining on the Lease and 12% bumps every 5-years. Outparcel to a Lowe's Foods and next to McDonald's, Walgreens, Harris Teeter, Target. Highly Affluent Area - Avg HHI within 1-miles is $120,000±.

Status: SOLD
Closing Date: 3/4/14
Sales Price: Confidential
Years on Lease: 12± Years
Rent Increases: 12% Every 5
Guarantor: Corporate
S&P Rating: A-
NNN Bank of America

Tractor Supply - Rare NNN

Duncansville, PA
RARE Absolute NNN Tractor Supply Co. located in Duncansville, PA. TSC has been at this location since 2004 and has 10± yrs on lease. There are 12.5% bumps in options. 698 stores / 38 states. Net worth of approximately $598 million. Total Sales: $5.5B in 2006.

Status: SOLD
Closing Date: 1/28/14
Asking Price: $3,750,000
Cap Rate: 6.72%
Lease Term: 10± Years
Guarantor: Corporate
Symbol: TSCO
NNN Tractor Supply

NNN 7-Eleven Corporate

Royal Palm Beach, FL
New 15 year Absolute NNN 7-Eleven Corporate ground Lease located in Royal Palm Beach, FL w/10% bumps every 5-years and zero LL obligations. Situated at a heavily trafficked, hard signalized intersection (traffic counts of 50,000+ VPD). Avg HHI within 1-mile in excess of $80,000.

Status: SOLD
Closing Date: 1/15/14
Sales Price: $2,534,000
CAP: 5.0%
Years on Lease: 15 Years
Rent Increases: 10% Every 5
Guarantor: Corporate
NNN 7-Eleven For Sale

NNN 7-Eleven - Beach Location

Fairfield, CT
Absolute NNN 7-Eleven Corporate C-store (no gas) located in Fairfield, CT with 6.5± yrs on the Lease. 7-Eleven is S&P rated "AA-". Zero LL Obligations. Sale Includes Both Building & Land (NOT a ground Lease). Established Location - 7-Eleven has occupied this location since 1973, for over 40 years!

Status: SOLD
Closing Date: 1/3/14
Sales Price: $1,246,000
CAP Rate: 5.75%
NOI: $71,678
Lease Term:: 6.5± years
Building Size: 2,400± SF
NNN 7-Eleven Beach Location For Sale

2013 Sold NNN Properties

NNN 7-Eleven - Across from Ocean

Vero Beach, FL
Absolute NNN 7-Eleven Corporate in Vero Beach, FL. RARE affluent beach location - 1-block from the Ocean on A1A. 6.4± yrs remaining on the Lease with 13% rent increases every 5-years. Strong Store Sales with a Healthy rent to sales ratio of 3.8%

Status: SOLD
Close Date: 12/6/13
Sales Price: $1,100,000
CAP Rate: 5.09%
Years on Lease: 6.2± Years
Rent Increases: 13% Every 5
Guarantor: Corporate
NNN 7-Eleven For Sale

NNN WAWA gROUND lEASE

Orlando, FL
Brand New 20 Year Absolute NNN WaWa located in Orlando, FL. A+ heavily trafficked, hard signalized intersection across from a Wal-Mart. WaWa is the largest privately held convenient store operator in the US with over 520 locations and is ranked #47 in Forbes list of top privately held companies.

Status: SOLD
Close of Escrow: 11/12/13
Asking Price: $3,250,000
CAP Rate: 5.97%
Building Size: 5,500± SF
Years on Lease: 20± Years
LL Responsible: None
NNN WaWa For Sale

NNN Wendy's

Houston, TX (Across from University of Houston)
13±-yrs remaining on the 20 year Lease term with 7.5% bump every 5-years and 2 x 10 year options to renew. This Wendy’s is located directly across from the new University of Houston football stadium in Houston, Texas. Experienced 34 Unit Wendy’s Franchisee. Excellent 10 year Assumable Financing in Place.

Status: SOLD
Close of Escrow: 10/16/13
Sales Price: $2,150,000
Cap Rate: 6.93%
Lease Term: 13± Years
Building Size 3,000 SF
LL Responsible: None

NNN JP Morgan Chase Bank

Ocala, FL
Brand New 20 year Absolute NNN ground lease 10% Rent Increases every 5-years with options. Dense Infill location. Zero Landlord obligations! JPMorgan Chase (NYSE: JPM | S&P: A) is one of the oldest, largest and strongest financial services firms in the world. *Chase has not constructed the building yet.

Status: SOLD
Close of Escrow 10/9/13
Sales Price: $2,943,000
Asking Cap: 5.47%
Lease Term: 20± Years
Rent Bumps: 10% Every 5
LL Responsible: None

NNN 7-Eleven Corporate

Lakeland, FL
Brand New 10 Year Absolute NNN 7-Eleven Corporate ground lease in Lakeland, FL. Excellent busy signalized intersection. 7-Eleven is the World's Largest Convenience Retail Chain and Investment Grade S&P Rated AA-.

Status: SOLD
Cose of Escrow: 9/12/13
Sales Price: $1,925,000
CAP: 6.33%
Years on Lease: 10± Years
Rent Increases: 10% Every 5
Guarantor: Corporate
NNN 7-Eleven For Sale

NNN 7-Eleven Corporate

Orlando, FL - Low Rent/Price Point
Brand New 10 Year Absolute NNN 7-Eleven Corporate ground lease in Orlando, FL with 10% bumps every 5-years. Heavily trafficked, Dense Infll Location at a busy signalized corner. 7-Eleven is the World's Largest Convenience Retail Chain and Investment Grade S&P Rated AA-.

Status: SOLD
Close of Escrow 8/22/13
Sales Price: $1,180,000
CAP: 5.25%
Years on Lease: 10± Years
Rent Increases: 10% Every 5
S&P Rating: AA-
NNN 7-Eleven For Sale

NNN Walgreens

Dallas (Rowlett), TX
Absolute NNN Walgreens in Rowlett (Dallas), TX with 15.5 years remaining. This Walgreens is situated on a hard signalized corner in an affluent Dallas suburb next to Target, McDonald's, Wal-Mart, Home Depot, Chase Bank and much more. Established location with strong sales.

Status: SOLD
Close of Escrow: 8/19/13
Sales Price: $6,060,000
Cap Rate: 5.90%
Lease Term: 15.5± Years
S&P Rating: A
LL Responsible: None

NNN WAWA gROUND lEASE

Oviedo (Orlando), FL
Brand New 20 Year Absolute NNN WaWa Corporate located in Oviedo, FL with 5% bumps every 5-yrs. A+ heavily trafficked, hard signalized intersection 1-Mile from UCF! WaWa is the largest privately held convenient store operator in the US with over 520 locations and is ranked #47 in Forbes list of top privately held companies.

Status: SOLD
Close of Escrow: 8/9/13
Sales Price: $2,916,936
CAP Rate: 5.59%
Building Size: 5,500± SF
Years on Lease: 20± Years
Guarantor: Corporate
LL Responsible: None
NNN WaWa

NNN JP Morgan Chase Bank

West Palm Beach, FL - Rare Downtown Location
Brand New 20 year Absolute NNN ground lease 10% Rent Increases every 5-years with options. Dense Infill, downtown West Palm Beach location. Zero Landlord obligations! JPMorgan Chase (NYSE: JPM | S&P: AA-) is one of the oldest, largest and strongest financial services firms in the world.

Status: SOLD
Close of Escrow: 8/5/13
Sales Price: $5,312,000
Cap Rate: 4.8%
Lease Term: 20± Years
Rent Bumps: 10% Every 5
Building Size: 5,125± SF
LL Responsible: None

NNN REGIONS Bank Ground Lease

Tampa, FL - Rare Low Priced Bank
Absolute NNN Regions Bank Ground Lease in Tampa, FL for only $1,540,000 / 6.16% CAP with 12% rent increases every 5-years. A+ Hard Signalized Corner, High Traffic Location across from Wal-Mart. Strong Demographics - more than 215,000 people with an Avg HH Income exceeding $70,000 within 5-miles. Regions is investment grade S&P "BBB-"/Stable.

Status: SOLD
Close of Escrow: 7/19/13
Sales Price: $1,540,000
CAP Rate: 6.16%
Lot Size: 1.232± AC
Years on Lease: 11± Years
Rent Increases: 12% Every 5
LL Responsible: None

NN+ HCA Medical

Bradenton (Sarasota/Tampa), FL
NN+ Hospital Corporation of America (HCA) located in Bradenton, FL. There are 12.7± years remaining on the 15 year Lease with 3% annual rent increases. This Lease has a RARE corporate guarantee by Galencare, Inc. (Outstanding Private Financials). NN+ Lease with minimal Landlord Obligations, LL is only responsible for replacement of roof & structure.

Status: SOLD
Close of Escrow: 7/19/13
Sales Price: $1,450,000
CAP Rate: 6.0%
Building Size : 6,000± SF
Years on Lease: 12.7± Years
Rent Increases: 3% Annual
LL Responsible: Roof/Structure

NNN 7-Eleven Corporate

Nags Head, NC "Off Market Deal"
Absolute NNN 7-Eleven Corporate with 11± years remaining on a 15 year Lease and 11% rent increases every 5 years. Over $1.3M in Sales. 7-Eleven is the World's Largest Convenience Retail Chain and Investment Grade S&P Rated AA-.

Status: SOLD
Close of Escrow: 7/5/13
Price: $500,000
CAP Rate : 5.98%
Rent Increases: 11% Every 5
Years on Lease: 12± Years
LL Responsible: None
S&P Rating: AA- / Stable

NNN Applebee's

Bradenton (Sarasota), FL
Absolute NNN Applebee's located in Sarasota, FL with rent increases. A+ dense, affluent location with traffic counts of over 60,000 VPD. Strong store sales with below market rent to sales ratio. Next to McDonald's, Lowe's, Publix, Chick-fil-A and much more.

Status: SOLD
Close of Escrow: 5/9/13
Sales Price: $3,820,000
CAP Rate: 7.45%
Building Size: 5,800± SF
Years on Lease: 15± Years
LL Responsible: None

NNN McDonald's Ground Lease

Winter Park, FL (Affluent Orlando Suburb)
Brand New 20 year Absolute NNN McDonald's located in Winter Park (Orlando), FL. There are 10% rent increases every 5-years. A+ Dense Infill Location with Traffic Counts Exceeding 65,000 VPD at intersection. Avg HHI in excess of $91,000 within 3-miles. This is a relocation store and next to a new Publix, Waglreens, BofA and more.

Status: SOLD
Close of Escrow: 4/5/13
Asking Price: $2,926,800
Cap Rate: 4.10%
Lease Term: 20± Years
Rent Increases: 10% every 5
Year Built: 2012
LL Responsible: None
NNN McDonald's

NNN SunTrust Bank

Sarasota, FL
20 year Absolute NNN SunTurst Bank Ground Lease in Sarasota, FL. 10% bumps every 5-yrs - Cap Rate jumps to 6.33% in February 2015. Avg HH income $118K+ within a 1-mile radius. Outpad site to brand new Publix Shopping Center. SunTrust has not started construction on the property yet but must continue to pay rent.

Status: SOLD
Close of Escrow: 4/1/13
Sales Price: $3,015,000
CAP: 6.04%
Years on Lease: 17± Years
Lot Size: 1.09 AC
Rent Increases: 10% Every 5
LL Responsible: None

NNN 7-Eleven Corporate

Baltimore, MD
Absolute NNN 7-Eleven Corporate with 5.5± years remaining on a 15 year Lease. High Barriers to Entry at hard signalized corner. High Store Sales - Over $1.1M. 7-Eleven is the World's Largest Convenience Retail Chain and Investment Grade S&P Rated AA-.

Status: SOLD
Close of Escrow: 3/28/13
Price: $800,000
CAP: 7.42%
Building Size: 2,400± SF
Rent Increases: None
Years on Lease: 5.5± Years
LL Responsible: None

NNN AutoZone Corporate

Travelers Rest (Greenville), SC
Brand New NNN AutoZone Ground Lease with 14± yrs and 10% bumps every 5-years starting LYR 11. Next to Walgreens, McDonald's and in front of a Walmart. Auto Zone, Inc. is the nation's leading retailer of automotive parts and accessories, with over 3,600 stores in the U.S., Puerto Rico and Mexico. S&P Rated BBB qualifying as Investment Grade.

Status: SOLD
Close of Escrow: 3/21/13
Asking Price: $883,805
Cap Rate: 5.15%
Lease Term: 14± Years
Symbol: AZO
S&P Rating: BBB
LL Responsible: None

NNN CVS Ground Lease

Clermont (Orlando), FL
Absolute NNN CVS Pharmacy in Clermont, FL with 11± years remaining on the 20 year Lease with rent increases in each 4 x 5 year option. This CVS is an outparcel to a Sweetbay shopping center and next to an AutoZone, 7-Eleven and Walgreens and only 10± miles from Disney World!

Status: SOLD
Close of Escrow: 2/21/13
Asking Price: $4,050,000
CAP Rate: 7.31%
Lease Term: 11+ Years
Lot Size: 2.13± AC
Guarantor: Holiday CVS
LL Responsible: None

NNN 7-Eleven Corporate

Kissimmee (Orlando), FL "Off Market Deal"
Absolute NNN 7-Eleven Corporate with 12.1± years remaining on a 15 year Lease and 11% rent increases every 5 years. Over $1.325M in Sales. 7-Eleven is the World's Largest Convenience Retail Chain and Investment Grade S&P Rated AA-.

Status: SOLD
Colse of Escrow: 2/15/13
CAP Rate: 5.40%
Price: $775,000
Rent Increases: 11% Every 5
Years on Lease: 12.1± Years
LL Responsible: None

2012 Sold NNN Properties

NNN CVS Ground Lease

Vero Beach, FL - RARE Rent Increases
New 25 Year Absolute NNN corporate CVS ground Lease with RARE 7.5% rent increases every 5-years.. Across from Publix, Walgreens, PNC Bank and much more. Zero Landlord Obligations! (NYSE: CVS | S&P Rated BBB+). Florida is a No Income Tax State. 81,000+ people within 5 miles that have an average income of $70,000+

Status: SOLD
Close of Escrow: 12/27/12
Asking Price: $4,000,000
CAP Rate: 5.82%
Lease Term: 22± Years
S&P Rating: BBB+ / Stable
Guarantor: Corporate
LL Responsible: None

NNN PNC Bank Ground Lease

Vero Beach, FL
RARE 30 Year Absolute NNN corporate PNC Bank ground Lease 27 yrs remaining and 10% rent increases every 5-years. Next to a CVS, Publix, Walgreens and much more. Zero Landlord Obligations! (NYSE: PNC | S&P Rated A-). Florida is a No Income Tax State. 81,000+ people within 5 miles that have an average income of $70,000+

Status: SOLD
Close of Escrow: 12/27/12
Asking Price: $3,000,000
CAP Rate: 5.78%
Lease Term: 27± Years
S&P Rating: A- / Stable
Guarantor: Corporate
LL Responsible: None

NNN Applebee's

Orlando, FL
Brand New 20 Year Absolute NNN Applebee's located in Orlando, FL with 1% annual rent increases. A+ dense, affluent location with traffic counts of over 60,000 VPD. Only miles from Disney and Universal attractions. Strong store sales with below market rent to sales ratio.

Status: SOLD
Close of Escrow: 12/27/12
Sales Price: $2,290,000
CAP Rate: 7.0%
Building Size: 5,800± SF
Years on Lease: 20± Years
LL Responsible: None

NNN Applebee's

Kissimmee, FL
Brand New 20 Year Absolute NNN Applebee's located in Kissimmee, FL with 1% annual rent increases. Located within 12 miles of all Orlando theme parks. Below market rent to sales ratio. Excellent location, across from a Publix, Chase, Walgreens and much more. Excellent location with great access & visibility.

Status: SOLD
Close of Escrow: 12/14/12
SalesPrice: $2,643,430
CAP Rate: 7.20%
Building Size: 5,800± SF
Years on Lease: 20± Years
Guarantor: Franchisee
LL Responsible: None

NNN JPMorgan Chase Bank

Chicago, IL "Off Market Deal"
RARE 30 year Absolute NNN ground lease. Dynamite, Dense Infill Location - Total Population within a 1-mile Radius Exceeds 47,000 people within a Ang HHI of $67,000+. 10% Rent Increases every 5 years with 3 x 10 year options to renew. JPMorgan Chase (NYSE: JPM | S&P: AA-) is one of the oldest, largest and strongest financial services firms in the world.

Status: SOLD
Close of Escrow: 11/27/12
Asking Price: $3,768,362
Cap Rate: 5.21%
Lease Term: 30± Years
Rent Bumps: 10% Every 5
S&P Rating: AA-
LL Responsible: None

NNN KeyBank Ground Lease | S&P A-

King City (Portland), OR
Absolute NNN KeyBank in King City (Portland), OR with 7± years remaining on Lease. There is a CPI rent increase on 11/1/12 and 2 x 5 year options to renew at market rent. KeyBank has occupied this location for more than 33 years. KeyBank is S&P Rated "A-" | NYSE: KEY with $90 billion in Assets (2011). 1-mile radius population exceeds 14,000.

Status: SOLD
Close of Escrow: 11/21/12
sales Price: $1,461,301
CAP Rate: 6.30%
Lease Term: 7± Years
Guarantor: Corporate
S&P Rating: A-
LL Responsible: None

NNN WAWA gROUND lEASE

Orlando, FL - "Off Market Deal"
Brand New 20 Year Absolute NNN WaWa located in Orlando, FL with RARE 8% fixed rent increases every 5-Years. WaWa is the largest privately held convenient store operator in the United States with over 520 locations and is ranked #47 in Forbes list of top privately held companies.

Status: SOLD
Close of Escrow: 11/16/12
Sales Price: $1,400,000
CAP: 5.30%
Building Size: 5,500± SF
Years on Lease: 20± Years
Guarantor: Corporate
LL Responsible: None

NNN AutoZone Corporate

Chesterton, IN
New Absolute NNN AutoZone with 15+ years remaining on the lease with 5% rent increases every 5-years and 10% increases in each option period. Located 40± miles outside of Chicago. #1 Ranked Auto Parts Retailer in the World. Investment Grade S&P "BBB".

Status: SOLD
Price: $1,088,000
CAP Rate: 6.76%
Lease Term: 15± Years
S&P Rating: BBB / Stable
Guarantor: Corporate
LL Responsible: None

NNN 7-Eleven Corporate GL

Cherry Hill, NJ
Absolute NNN 7-Eleven Corporate with 5.5± years remaining on a 15 year Lease. Very High Barriers to Entry. 7-Eleven has occupied this location for over 40 years! Affluent Location, the Avg HHI exceeds $125,000 within 1-mile. 7-Eleven is the World's Largest Convenience Retail Chain and Investment Grade S&P Rated AA-.

Status: SOLD
Close of Escrow: 10/11/12
Price: $734,000
CAP: 5.99%
Years on Lease: 5.5± Years
Gas: NO
Guarantor: Corporate
S&P Rating: AA-

NNN McDonald's Ground Lease

Kissimmee (Orlando), FL - "Off Market Deal"
Brand New 20 Year Absolute NNN Corporate McDonald's with a 10% rent increases every 5-years. A+ Location, outparcel to a Wal-Mart shopping center and next to Wells Fargo, Chase Bank, Buffalo Wild Sings and much more. Florida is a No Income Tax State.

Status: SOLD
Close of Escrow: 9/28/12
Sales Price: $1,992,000
CAP Rate: 4.77%
Rent Bumps: 10% Every 5
S&P Rating: A / Stable
LL Responsible: None

NNN 7-Eleven Corporate

Ferndale (Detroit), MI
Absolute NNN 7-Eleven Corporate with 12± years remaining on a 15 year Lease and 11% rent increases every 5 years. Over $1.3M in Sales. 7-Eleven is the World's Largest Convenience Retail Chain and Investment Grade S&P Rated AA-.

Status: SOLD
Close of Escrow: 8/21/12
Sales Price: $515,000
Building Size: 2,400± SF
Rent Increases: 10% Every 5
Years on Lease: 12± Years
LL Responsible: None

NNN 7-Eleven Corporate

Kissimmee (Orlando), FL
Brand New 15 Year NNN 7-Eleven Corporate in Kissimmee, FL. Great visibility at signalized corner on heavily trafficked tourism strip servicing Walt Disney World. Across from Sam's Club and next to Target. 7-Eleven is the World's Largest Convenience Retail Chain and Investment Grade S&P Rated AA-.

Status: SOLD
Close of Escrow: 8/2/12
Sales Price: $1,917,000
CAP: 6.0%
Years on Lease: 15± Years
Gas: Yes
Guarantor: Corporate
S&P Rating: AA-

NNN Panera Bread

Oklahoma CIty, OK
RARE Brand New Free Standing 10 yr absolute NNN Panera Bread with 8% bumps every 5-yrs. Outparcel to a Wal-Mart, Home Depot shopping center. Tenant is responsible for taxes, insurance and all maintenance, including roof and structure. This is NOT a ground lease, improvements are included in the sale.

Status: SOLD
Close of escrow: 5/16/12
Sales Price: $1,885,000
CAP Rate: 7.23%
Rent Bump: 8% Every 5
Year Built: 2012
Building Size: 4,377± SF
Primary Type: Free Standing

NNN Dollar General

Daytona Beach, FL - "Off Market Deal"
Brand new 15 year absolute NNN Dollar General located in Daytona Beach, FL. A+ RARE location and upscale design for a Dollar General. Located on A1A/Ocean Blvd in Daytona Beach, FL. Dollar General is the largest discount retailer in the US by number of stores with over 8,700 stores in 35 states.

Status: SOLD
Close of Escrow: 4/25/12
Sales Price: $1,993,000
CAP: 7.35%
Lease Term: 14 Years
Guarantor: Corporate
S&P Rating: BB+ / Stable
LL Responsible: None

NNN AutoZone Corporate

Knoxville, TN - "Off Market"
Brand New 20 Year Absolute NNN AutoZone Corporate Ground Lease with rent increases. Zero Landlord Obligations. Rated. A++ Affluent Location - Hard Signalized Corner across from Walgreens and many other Big Box Retails. Avg HHI Exceeds $95,000 within 1 & 3 Mile Radius. #1 Ranked Auto Parts Retailer in the World. Investment Grade S&P "BBB".

Status: SOLD
Close of Escrow: 4/19/12
Price: $1,217,392
Lease Term: 20± Years
CAP Rate: 5.75%
Symbol: AZO
Guarantor: Corporate
LL Responsible: None

NNN 7-Eleven Corporate

Mountainside, NJ - "Off Market Deal"
Absolute NNN 7-Eleven Corporate with 2± years remaining on a 15 year Lease and 1 x 5 year option to renew. High Barriers to Entry. A+ Location - Avg HHI is almost $200,000 and total population of 10,252 within a 1-mile radius. Very Healthy Rent to Sales Ratio - Store Sales Exceed $1.5M.

Status: SOLD
Close OF Escrow: 3/21/12
Price: $760,000
CAP: 5.5%
Building Size: 2,400± SF
Years on Lease: 2± Years
LL Responsible: None

NNN 7-Eleven Corporate

SeaWorld Orlando, FL - "Off Market Deal"
Brand New 15 Year NNN Corporate 7-Eleven Gas Station. A+ RARE Location - directly across from SeaWorld Orlando, FL. 10% rent increases every 5-years. Situated at hard corner on 1.25 acres. 7-Eleven, Inc. in Investment Grade S&P "AA-". Florida is a No Income Tax State.

Status: SOLD
Close of Escrow: 3/9/12
Sales Price: $2,975,000
Rent Bumps: 10% Every 5
Lease Term: 15 Years
S&P Rating: AA- / Stable
Primary Type: Gas Station
Year Built: 2012

NNN Taco Bell - A+ Affluent Location

Weston (Ft. Lauderdale), FL
NNN Taco Bell in Ft. Lauderdale, FL. A+ Affluent location with 18± years remaining on a 20 year lease and 10% rent increases every 5-years. Avg HHI exceeds $100,000. Across from a Publix shopping center and next to BofA, PNC Bank on a hard signalized corner.

Status: SOLD
Close of Escrow: 3/9/12
Sales Price: $1,350,000
Cap Rate: 6.72%
Lease Term: 18± Years
Guarantor: Franchisee
LL Responsible: None
NNN Taco Bell/Long John Silver's

NNN Denny's

Clearwater, FL
Absolute NNN Denny's in Clearwater, FL with zero Landlord Obligations. 4% rent bump in 1/2013 and 10% every 5-years thereafter. Solid franchisee guaranty. Very healthy rent to sales ratio and A+ Location. Next to regional mall anchored by JCPenney, Dillard's, Dick's and much more.

Status: SOLD
Close of Escrow: 2/29/12
Sales Price: $765,000
Cap Rate: 8.33%
Lease Term: 15± Years
Guarantor: Franchisee
LL Responsible: None
NNN Denny's

NNN Corporate IHOP Ground Lease

Norcross (Atlanta), GA
NNN Corporate IHOP - DineEquity (NYSE: DIN) with 9± years remaining on a 20 yr ease and 8.5% rent bumps every 5 years. Asking price is $933,851 | 6.7% CAP. IHOP is a pad to a 77,640 SF center located across from a Publix, Target, & Kroger anchored shopping center. 3-mile radius total population is 110,000 with an Avg HH income over $95,000. Zero LL Obligations.

Status: SOLD
Close of Escrow: 2/26/2012
Sales Price: $885,000
Cap Rate: 7.07%
Lease Term: 9± Years
Symbol: DIN
Guarantor: Corporate
LL Responsible: None
NNN IHOP Corporate

NNN 7-Eleven Corporate “Off Market”

Holtville, CA - “Off Market Deal”
Absolute NNN 7-Eleven Corporate with 8.3± years remaining on a 15 year Lease and 11% rent increases every 5 years. Very High Barriers to Entry with High Store Sales - Over $1.2M. 7-Eleven is the World's Largest Convenience Retail Chain and Investment Grade S&P Rated AA-.

Status: SOLD
Close of Escrow: 2/16/2012
Sales Price: $735,000
Cap Rate: 7.41%
Years on Lease: 1.7± Years
Gas: YES
LL Responsible: None

NNN 7-Eleven Corporate

Phoenix, AZ - “Off Market Deal”
Absolute NNN 7-Eleven Corporate with 8.3± years remaining on a 15 year Lease and 11% rent increases every 5 years. Very High Barriers to Entry with High Store Sales - Over $1.2M. 7-Eleven is the World's Largest Convenience Retail Chain and Investment Grade S&P Rated AA-.

Status: SOLD
Close of Escrow: 2/16/2012
Sales Price: $680,000
Cap Rate: 5.88%
Rent Increases: 11% Every 5
Years on Lease: 8.3± ears
LL Responsible: None

2011 Sold NNN Properties

NNN Panera Bread

The Woodlands (Houston), TX
Rare Brand New Absolute NNN 15 year free standing Panera Bread. 10% rent increases every 5-years. A++ Location in The Woodlands - Upscale suburb of Houston. Tenant is responsible for taxes, insurance and all maintenance, including roof & structure. NOT a ground lease, improvements are included in the sale.

Status: SOLD
Close of Escrow: 12/5/11
Sales Price: $2,558,620
CAP Rate: 7.25%
Rent Bump: 10% Every 5
Year Built: 2011
Building Size: 4,000± SF
Primary Type: Free Standing

NNN PNC Bank Ground Lease "Off Market"

Ft. Lauderdale, FL
Brand new 20 year absolute NNN "Off Market" corporate ground lease with PNC Bank (S&P Rated: A). 10% rental increases every 5-years including options. A++ Rare, High traffic – High profile South Florida Location. Less than 1-MIle to Beach. Zero Landlord management obligations.

Status: SOLD
Close of Escrow: 10/25/11
Sales Price: $3,060,000
CAP: 6.37%
Guarantor: Corporate
S&P Rating: A
LL Responsible: None

NNN 7-Eleven Corporate

St. Clair, MI
Absolute NNN 7-Eleven Corporate with 5.5± years remaining on a 15 year Lease and 10% rent increases every 5 years. Very High Barriers to Entry with High Store Sales - Over $1.2M. 7-Eleven is the World's Largest Convenience Retail Chain and Investment Grade S&P Rated AA-.

Status: SOLD
Close of Escrow: 10/21/11
Sales Price: $475,000
Building Size: 2,400± SF
Rent Increases: 10% Every 5
Years on Lease: 5.5± Years
LL Responsible: None

NNN Carl's Jr.

Beaumont, TX
Absolute NNN Carl's Jr. in Texas with a brand new 20 year Lease with 10% bumps every 5-years. Excellent location, outparcel to Home Depot. 12,000+ People within 1-mile radius. Hardee's Food Systems, Inc. are wholly owned subsidiaries of CKE Restaurants, Inc.

Status: SOLD
Close of Escrow: 10/13/11
Sales Price: $1,516,000
Cap Rate: 7.95%
Lease Term: 20 Years
Symbol: Private/CKE
LL Responsible: None

NNN 7-Eleven Corporate

Wilmington, DE
Absolute NNN 7-Eleven Corporate with 13.5± years remaining on a 15 year Lease and 11% rent increases every 5 years. Very High Barriers to Entry with High Store Sales - Over $1.2M. 7-Eleven has 3x5 year options to renew with CPI rent increases at each renewal. 7-Eleven is the World's Largest Convenience Retail Chain and Investment Grade S&P Rated AA-.

Status: SOLD
Close of Escrow: 9/28/11
Sales Price: $990,000
CAP: 6.0%
Rent Increases: 11% Every 5
Years on Lease: 13.5± Years
Gas: NO
LL Responsible: None

NNN 7-Eleven Corporate "Off Market"

Barco, NC
Absolute NNN Corporate 7-Eleven with 1± years remaining on Lease. 7-Eleven is an investment grade tenant, S&P Rated AA-. 7-Eleven is World's Largest Convenience Retail Chain - S&P Rated AA-. Zero Landlord obligation! Tenant is responsible for all taxes, insurance and maintenance/repairs.

Status: SOLD
Close of Escrow: 9/28/11
Sales Price: $450,000
Cap Rate: 7.33%
Years on Lease: 1± Years
Gas: YES
LL Responsible: None

NNN Carl's Jr.

Houston, TX
Absolute NNN Carl's Jr. in Texas with a brand new 20 year Lease with 10% bumps every 5-years. Excellent location, next to a Walgreens, McDonald's & much more. Carl's Jr. & Hardee's Food Systems, Inc. are wholly owned subsidiaries of CKE Restaurants, Inc.

Status: SOLD
Close of Escrow: 9/19/11
Sales Price: $1,400,000
Cap Rate: 7.89%
Lease Term: 20 Years
Symbol: Private/CKE
LL Responsible: None

NNN 7-Eleven Corporate

San Diego (El Cajon), CA
Absolute NNN 7-Eleven Corporate with 9.8± years remaining on a 15 year Lease and 11% rent increases every 5 years. Very High Barriers to Entry with High Store Sales - Over $1.35M. 7-Eleven has 3x5 year options to renew with CPI rent increases at each renewal. 7-Eleven is the World's Largest Convenience Retail Chain and Investment Grade S&P Rated AA-.

Status: SOLD
Close of Escrow: 9/14/11
Sales Price: $875,000
CAP Rate: 6.03%
Rent Increases: 11% Every 5
Years on Lease: 9.8± Years
Gas: NO
LL Responsible: None

NNN 7-Eleven Corporate

Torrance, CA
Absolute NNN 7-Eleven Corporate with 14.8± years remaining on a 15 year Lease and 11% rent increases every 5 years. Very High Barriers to Entry with High Store Sales - Over $1.4M. 7-Eleven has 3x5 year options to renew with CPI rent increases at each renewal. 7-Eleven is the World's Largest Convenience Retail Chain and Investment Grade S&P Rated AA-.

Status: SOLD
Close of Escrow: 9/14/11
Sales Price: $1,310,000
CAP Rate: 5.10%
Building Size: 2,592± SF
Rent Increases: 11% Every 5
Years on Lease: 14.8± Years
LL Responsible: None

NNN Hardee's Corporate

Jacksonville, FL
Absolute NNN Corporate Hardee's in Jacksonville, FL with a brand new 20 year sale/leaseback with 10% bumps every 5-years. Excellent location, next to a Walgreens, McDonald's, Publix, CVS & much more. Hardee's Food Systems, Inc. and Carl's Jr. are wholly owned subsidiaries of CKE Restaurants, Inc. with 1,899± Hardee’s locations in the US.

Status: SOLD
Close of Escrow: 9/1/11
Sales Price: $1,246,277
Cap Rate: 7.50%
Lease Term: 20 Years
Symbol: Private/CKE
LL Responsible: None

NNN McDonald's Ground Lease

Sun City Center (Sarasota/Tampa), FL
Newer Absolute NNN corporate McDonald's with a 10% rent increases every 5-years. A+ Location, outparcel to a Publix shopping center and across from a new Wal-Mart. Extremely high store sales - well above the national average. Florida is a No Income Tax State.

Status: SOLD
Close of Escrow: 8/31/11
Sales Price: $1,735,700
CAP Rate: 5.70%
Rent Bumps: 10% Every 5
S&P Rating: A / Stable
Primary Type: Free Standing

NNN Panera Bread

Spring (Houston), TX
Rare Brand New Absolute NNN 15 year free standing Panera Bread. 10% rent increases every 5-years. Tenant is responsible for taxes, insurance and all maintenance, including roof and structure. This is NOT a ground lease, improvements are included in the sale.

Status: SOLD
Close of Escrow: 8/26/11
Sales Price: $2,444,000
CAP Rate: 7.20%
Rent Bump: 10% Every 5
Year Built: 2011
Building Size: 4,000± SF
Primary Type: Free Standing

NNN Dollar General

Daytona Beach, FL
Brand new 15 year absolute NNN Dollar General located in Daytona Beach, FL. A+ rare location/Upscale design for a Dollar General. Located on A1A/Ocean Blvd in Daytona Beach, FL. Dollar General is the largest discount retailer in the US by number of stores with over 8,700 stores in 35 states

Status: SOLD
Close of Escrow: 8/5/11
Sales Price: $1,831,000
CAP Rate: 8.0%
Guarantor: Corporate
S&P Rating: BB+ / Stable
Primary Type: Free Standing

NNN 7-Eleven Corporate

Amherst, NY
Absolute NNN 7-Eleven Corporate with 1.8± years remaining on a 15 year Lease and 10% rent increases every 5 years. Very High Barriers to Entry with High Store Sales - Over $1.25M. 7-Eleven has 2x5 year options to renew with CPI rent increases at each renewal. 7-Eleven is the World's Largest Convenience Retail Chain and Investment Grade S&P Rated AA-.

Status: SOLD
Close of Escrow: 7/19/11
Sales Price: $425,000
Building Size: 2,662± SF
Rent Increases: 10% Every 5
Gas: NO
LL Responsible: None

NNN 7-Eleven Corporate

Hamilton Township, NJ
Absolute NNN 7-Eleven Corporate with 3.8± years remaining on a 15 year Lease and 10% rent increases every 5 years. Very High Barriers to Entry with High Store Sales - Over $1.2M. 7-Eleven has 3x5 year options to renew with CPI rent increases at each renewal. 7-Eleven is the World's Largest Convenience Retail Chain and Investment Grade S&P Rated AA-.

Status: SOLD
Close of Escrow: 7/15/11
Sales Price: $550,000
Building Size: 2,643± SF
Rent Increases: 10% Every 5
Years on Lease: 3.8± Years
Gas: NO
LL Responsible: None

NNN Taco Bell Ground Lease

Plant City (Tampa), FL
NNN Corporate Taco Bell / Long John Silver's Ground Lease (Corporate YUM! | S&P BBB-) in Plant City (Tampa), FL. It's a rare low price point with 14± years remaining on a 20 year lease with 10% rent increases every five years and 2x5 options to renew. Shadow-anchored by a Super Wal-Mart and next to a Lowe's, Publix, Sweetbay, BofA, CVS and more.

Status: SOLD
Close of Escrow: 7/11/11
Sales Price: $715,500
Cap Rate: 6.15%
Lease Term: 14± Years
Symbol: YUM
Guarantor: Corporate
S&P Rating: BBB-
LL Responsible: None
NNN Taco Bell/Long John Silver's

NNN 7-Eleven Corporate

Dayton Beach, FL
A++ Location, Directly Across from Dayton International 500 Speedway at a hard signalized corner. Absolute NNN Corporate Lease with 18.3± years remaining and 10% rent increases every 5 years. High sales volume & very low rent. 7-Eleven is the World's Largest Convenience Retail Chain and Investment Grade S&P Rated AA-.

Status: SOLD
Sales Price: $725,000
Building Size: 2,624± SF
Rent Increases: 10% Every 5
Years on Lease: 18.3± Years
Gas: Yes
LL Responsible: None

NNN 7-Eleven Corporate "Off Market"

Virginia Beach, VA
Rare low price point, Absolute NNN corporate 7-Eleven with strong store sales and great location. Corporate absolute NNN lease with 10% rent increases every 5 years. 7-Eleven is an investment grade tenant, S&P Rated AA-. 7-Eleven is the World's Largest Convenience Retail Chain and Investment Grade S&P Rated AA-.

Status: SOLD
Sales Price: $605,000
Cap Rate: 6.27%
Building Size: 2,918± SF
Years on Lease: 4.7± Years
Gas: NO
LL Responsible: None

NNN 7-Eleven Corporate

Norfolk, VA
Absolute NNN 7-Eleven Corporate with 1.8± years remaining on a 15 year Lease and 10% bumps every 5 years. Very High Barriers to Entry with High Store Sales - Over $1.4M. 7-Eleven has 3x5 year options to renew with CPI rent increases at each renewal. 7-Eleven is the World's Largest Convenience Retail Chain and Investment Grade S&P Rated AA-.

Status: SOLD
Price: $500,000
Building Size: 2,520± SF
Rent Increases: 10% Every 5
Years on Lease: 1.8± Years
Gas: NO
LL Responsible: None

NNN 7-Eleven Corporate "Off Market"

Farmington Hills, MI
Absolute NNN Corporate 7-Eleven with 5.8 years remaining on Lease and 10% rent increases every 5 years. 7-Eleven is an investment grade tenant, S&P Rated AA-. 7-Eleven is the World's Largest Convenience Retail Chain. Zero Landlord obligation! Tenant is responsible for all taxes, insurance and maintenance/repairs.

Status: SOLD
Price: $525,000
Cap Rate: 9.74%
Years on Lease: 5.8± Years
Building Size: 2,734± SF
Gas: NO
LL Responsible: None

NNN 7-Eleven Corporate

Center Line, MI
Absolute NNN 7-Eleven Corporate with 3.1± years remaining on a 15 year Lease and 10% rent increases every 5 years. Very High Barriers to Entry with High Store Sales - Over $1.25M. 7-Eleven is the World's Largest Convenience Retail Chain and Investment Grade S&P Rated AA-.

Status: SOLD
Price: $500,000
Building Size: 2,496± SF
Rent Increases: 10% Every 5
Years on Lease: 3.1± Years
Gas: NO
LL Responsible: None

NNN 7-Eleven Corporate

Wyandotte, MI
Absolute NNN 7-Eleven Corporate with 1± year remaining on a 15 year Lease and 11% rent increases every 5 years. 7-Eleven has 1x5 year option to renew with CPI rent increases at each renewal. 7-Eleven is the World's Largest Convenience Retail Chain and Investment Grade S&P Rated AA-.

Status: SOLD
Price: $400,000
Building Size: 2,609± SF
Rent Increases: 10% Every 5
Years on Lease: 1± Year
Gas: Yes
LL Responsible: None

NNN 7-Eleven Corporate "Off Market"

Linwood, NJ
Absolute NNN Corporate 7-Eleven with 3.8 years remaining on Lease and 10% rent increases every 5 years. 7-Eleven is an investment grade tenant, S&P Rated AA-. 7-Eleven is the World's Largest Convenience Retail Chain. Zero Landlord obligation! Tenant is responsible for all taxes, insurance and maintenance/repairs.

Status: SOLD
Price: $425,000
Cap Rate: 8.25%
Years on Lease: 3.8± Years
Building Size: 2,540± SF
Gas: NO
LL Responsible: None

NNN 7-Eleven Corporate "Off Market"

Essex, MD
Rare low price point, Absolute NNN corporate 7-Eleven with strong store sales and great location. Corporate absolute NNN lease with 10% rent increases every 5 years. 7-Eleven is an investment grade tenant, S&P Rated AA-. 7-Eleven is the World's Largest Convenience Retail Chain and Investment Grade S&P Rated AA-.

Status: SOLD
Price: $485,000
Cap Rate: 8.17%
Building Size: 2,620± SF
Years on Lease: 1.8± Years
Gas: NO
LL Responsible: None

NNN 7-Eleven Corporate "Off Market"

Staunton, VA
Rare low price point, absolute NNN corporate 7-Eleven with strong store sales and great location. Corporate absolute NNN lease with 10% rent increases every 5 years. 7-Eleven is an investment grade tenant, S&P Rated AA-. 7-Eleven recently exercised their first 5-year Option.

Status: SOLD
Close of Escrow: 4/15/11
Price: $390,000
NOI: $30,457
Cap Rate: 7.81%
Building Size: 2,632± SF
Primary Type: Gas Station

NNN 7-Eleven Corporate "Off Market"

Feasterville (Philadelphia), PA
Corporate absolute NNN 7-Eleven Lease with rent increases. 4+ years remaining on Lease and strong store sales. Next to McDonald's, CVS, Sunoco and more. 7-Eleven is an investment grade tenant, S&P Rated AA-.

Status: SOLD
Close of Escrow: 3/28/11
Price: $820,000
NOI: $64,122
Cap Rate: 7.80%
Building Size: 2,600± SF
Primary Type: Free Standing

NNN Wendy's

Punta Gorda, FL
10+ Yr Absolute NNN Wendy's with Zero Landlord obligations! Property is Leased by one of the largest Wendy’s franchisees in the country. Wendy's is the world's #3 hamburger chain in terms of locations (behind McDonald's and Burger King), with more than 6,600 locations.

Status: SOLD
Close of Escrow: 3/3/11
Price: $1,143,000
Cap Rate: 8.10%
Lease Term: 10± Years
S&P Rating: BB-
LL Responsible: None

Absolute NNN Walgreens

Burlington, NC
Just Sold, Highly Desirable 24 Hour Location, located directly across the street from the 415k SF Burlington Square Mall. New 25 Year Absolute NNN Lease with Walgreens Co. (NYSE: WAG | S&P Rated: A). Annual sales exceeding $53B and a net worth of $11B. Prominent.

Status: SOLD
Close of Escrow: 1/27/11
Price: $7,300,000
CAP: 7.465%
Year Built: 2008
Guarantor: Corporate
LL Responsible: None
NNN Taco Bell/Pizza Hut Corporate

2010 Sold NNN Properties

NNN CVS Ground Lease - Low Price Point

Summerville (Charleston), SC
Just Sold, a new absolute NNN 25 year CVS Pharmacy Ground Lease w/10% rent bumps in options. Zero landlord obligations. Very low price point for pharmacy and low rent per SF. Situated on 1.9 acres at a hard signalized corner across from a Publix.

Status: SOLD
Close of Escrow: 12/30/10
Asking Price: $1,400,000
Building Size: 11,946± SF
Lot Size: 1.90± Acres
Year Built: 2007
Symbol: CVS

NNN Taco Bell Corporate

Corporate Taco Bell/ Pizza Hut Ground Lease. Low Rent to Sales - Only 3.7%! A++ South Florida Location, outparcel to Lowe's/Publix, over 100k VPD at Intersection. Yum! Brands, Inc. is the world's largest restaurant company with more than 33,000 restaurants. Investment grade S&P: BBB-.

Status: SOLD
Close of Escrow: 12/30/10
Sales Price: $900,000
Lease Term: 3.7± Years
Symbol: YUM
Guarantor: Corporate
LL Responsible: None
NNN Taco Bell/Pizza Hut Corporate

NNN 7-Eleven Corporate " Off Market"

Deerfield Beach (Ft. Lauderdale), FL
Rare South Florida Beach Location. Corporate absolute NNN lease with rent increases. Very strong store sales. 7-Eleven is S&P Rated AA-.

Status: SOLD
Price: $1,200,000
NOI: $76,800
Cap Rate: 6.4%
Building Size: 2,400± SF
Primary Type: Free Standing

NNN AutoZone - *Rare Absolute NNN Fee Simple

San Antonio, TX
Brand New "Off Market" AutoZone with a rare 20 year absolute NNN fee simple build-to-suit lease (building & ground) with 10% increases every 5 years. AutoZone is the nation's leading retailer of automotive parts and accessories, with over 3,600 stores. S&P Rated BBB qualifying as Investment Grade.

Status: SOLD
Close of Escrow: 11/5/10
Sales Price: $1,832,000
CAP Rate: 6.50%
Lease Term: 20 Years
Guarantor: Corporate
S&P Rating: BBB
LL Responsible:: None

NN Dollar General "Off Market"

Kingsport, TN
Brand new NN Dollar General in Kingsport, TN with a corporate 15-year NN lease. Recession proof tenant.

Status: SOLD
Close of Escrow: 10/29/10
Price: $1,137,163
Cap Rate: 8.25%
Year Built: 2009
Primary Type: Free Standing

NNN 7-Eleven Corporate "Off Market"

Santa Cruz, CA
Rare Northern California Real Estate. Corporate absolute NNN lease with rent increases. 7-Eleven is an investment grade tenant, S&P Rated AA-. Very high store sales.

Status: SOLD
Close of Escrow: 10/15/10
Price: $1,025,000
NOI: $57,010
Cap Rate: 5.56%
Building Size: 2140± SF
Primary Type: Free Standing

NNN 7-Eleven Corporate "Off Market"

Fairfield, CT
Rare CT Beach Location. Corporate absolute NNN lease with rent increases. 7-Eleven is an investment grade tenant, S&P Rated AA-.

Status: SOLD
Close of Escrow: 10/15/10
Price: $965,000
NOI: $58,176
Cap Rate: 6%
Building Size: 2,400± SF
Primary Type: Free Standing

NNN 7-Eleven Corporate "Off Market"

Vero Beach, FL
Rare Beach location with gas! Strong store sales and A+ location. Corporate absolute NNN lease with 13% rent increases every 5 years. 7-Eleven is an investment grade tenant, S&P Rated AA-.

Status: SOLD
Close of Escrow: 10/15/10
Price: $850,000
NOI: $49,560
Cap Rate: 5.8%
Building Size: 2,400± SF
Primary Type: Gas Station

NNN AutoZone Ground Lease

Allentown, PA
Brand New AutoZone with a 15 year absolute NNN fee ground lease and 10% increases every 5 years. AutoZone is the nation's leading retailer of automotive parts and accessories, with over 3,600 stores. S&P Rated BBB qualifying as Investment Grade.

Status: SOLD
Close of Escrow: 9/30/2010
Price: $963,000
Lease Term: 15 Years
Guarantor: Corporate
S&P Rating: BBB
LL Responsible:: None

NNN Logan's Roadhouse

Austin, TX
Absolute NNN 20 yr Logan's Roadhouse ground lease located in Cedar Park, TX (an upscale suburb of Austin, TX) with 10% rent increases every 5-years. Out parcel to the 850,000 SF Cedar Park Shopping Center. Over 139,000 people within a 5-mile radius with an avg HH income in excess of $85,000.

Status: SOLD
Close of Escrow: 9/29/2010
Price: $1,660,000
CAP: 6.75%
Lease Term: 20 Years
Guarantor: Corporate
LL Responsible:: None

NNN Walgreens

Bradenton (Sarasota), FL
Brand New Absolute NNN 25 Year Corporate Walgreens. Affluent Sarasota Market, average household income of $92,535. Investment Grade Tenant– S&P Rated: A+. Prime Location, Hard Corner Signalized Intersection. New Construction. FLORIDA HAS NO STATE INCOME TAX.

Status: SOLD
Close of Escrow: 9/17/2010
Price: $5,128,571
Cap Rate: 7.00%
Building Size: 14,820± SF
Year Built: 2010
Primary Type: Free Standing

NNN CVS

Norristown (Philadelphia), PA
Absolute NNN 25 year Corporate Guaranteed CVS. CVS/Caremark Corporation (S&P Rated BBB+). Metro Philadelphia Location; Dense, Infill Market. 30,000+/- people within a one-mile radius.

Status: SOLD
Close of Escrow: 9/15/2010
Price: $3,600,000
NOI: $275,000
Cap Rate: 7.64%
Building Size: 11,479± SF
Primary Type: Free Standing

NNN 7-Eleven Corporate "Off Market"

Annandale, VA (DC Metro)
Corporate absolute NNN lease with 10% rent increases every 5 years. 7-Eleven is an investment grade tenant, S&P Rated AA-.

Status: SOLD
Close of Escrow: 9/9/2010
Price: $1,200,000
Cap Rate: 5.00%
Building Size: 2,400± SF
Primary Type: Free Standing

NNN 7-Eleven Corporate "Off Market"

Lorton, VA
Corporate absolute NNN lease with rent increases. 7-Eleven is an investment grade tenant, S&P Rated AA-

Status: SOLD
Close of Escrow: 9/9/2010
Price: $820,000
Cap Rate: 6.00%
Building Size: 2,400± SF
Primary Type: Free Standing

NNN 7-Eleven Corporate "Off Market"

Spotsylvania, VA
Corporate absolute NNN lease with rent increases. 7-Eleven is an investment grade tenant, S&P Rated AA-

Status: SOLD
Close of Escrow: 9/10/2010
Price: $700,000
Cap Rate: 6.40%
Building Size: 2,400± SF
Primary Type: Gas Station

NNN Walgreens

Atlanta, GA
Brand New Absolute NNN 25 Year Corporate Walgreens with 12x5 year options to renew. A++ Location & Phenomenal demographics, within a 3 mile radius total population is 129,378 with an avg household income of over $100,000+.

Status: SOLD
Close of Escrow: 8/13/2010
Price: $7,685,000
Cap Rate: 7.35%
Building Size: 14,110± SF
Year Built: 2010
Primary Type: Free Standing

NNN McDonald's Ground Lease "Off Market"

Gainesville, FL
New Absolute NNN 20 year "off market" corporate McDonald's with a 15% rent increases in year 6 and 10% every 5 years thereafter. A+ Location, outparcel to a Publix shopping center.

Status: SOLD
Close of Escrow: 7/29/2010
Price: $1,545,454
NOI: $85,000
Cap Rate: 5.50%
Year Built: 2008
Primary Type: Free Standing

NNN Walgreens

Chester, MD
Brand New Absolute NNN 25 Year Lease. High Barriers to Entry. Relocation Store. Average Household Income more than $100,000. Brand New Construction. Investment Grade Tenant – S&P Rated: A.

Status: SOLD
Close of Escrow: 7/29/2010
Price: $6,800,000
Cap Rate: 7.50%
Building Size: 14,550± SF
Year Built: 2010
Primary Type: Free Standing

NNN McDonald's Ground Lease

Port St. Lucie, FL
New Absolute NNN 20 year corporate McDonald's with 10% rent increases every 5 years. A+ Location, outparcel to a new 498,332 sf power center, anchored by a SuperTarget. Very desirable South Florida Location. Florida is a No State Income Tax State.

Status: SOLD
Close of Escrow: 7/23/2010
Price: $1,600,000
Building Size: 3,750± SF
Year Built: 2007
Primary Type: Free Standing

NNN Dollar General *Rare Absolute NNN Lease

Orange Park (Jacksonville), FL
Brand new Dollar General in an excellent Florida suburban market with a corporate 15-year, NNN lease. Recession-proof tenant. Over 74,500 daily traffic counts. 10% rental escalations at the execution of each option period.

Status: SOLD
Close of Escrow: 7/30/2010
Price: $1,476,121
NOI: $121,780
Cap Rate: 8.25%
Year Built: 2010
Primary Type: Free Standing

NNN Sonic Corporate "Off Market"

Houston, TX
Brand New Absolute NNN Corporate Sonic Ground Lease located in Houston, TX. Outparcel to a brand new Super Target shopping center. Low price point. 10% rent increases every 5 years.

Status: SOLD
Close of Escrow: 7/22/2010
Price: $980,000
NOI: $70,000
Cap Rate: 7.15%
Year Built: 2009
Primary Type: Free Standing

NNN 7-Eleven Corporate "Off Market"

Washington, DC
A+ metro location. Absolute NNN Corporate 7-Eleven, investment greade tenant, S&P Rated AA-. Short term remaining on the lease and an extremely high store sales. Dense infill location.

Status: SOLD
Price: $900,000
Building Size: 2,400 ± SF
Primary Type: Free Standing

NNN 7-Eleven Corporate "Off Market"

Triangle, VA
Corporate absolute NNN lease with rent increases. 7-Eleven is an investment grade tenant, S&P Rated AA-.

Status: SOLD
Price: $700,000
Building Size: 2,400 ± SF
Primary Type: Free Standing

NNN 7-Eleven Corporate "Off Market"

Elmwood Park, NJ
A+ Location. Corporate absolute NNN lease with rent increases. 7-Eleven is an investment grade tenant, S&P Rated AA-.

Status: SOLD
Price: $1,150,000
NOI: $94,537
Building Size: 3,000± SF
Primary Type: Free Standing

NNN Pollo Tropical

Homestead, FL
Absolute NNN 15 year ground lease. Zero Landlord Responsibilities! Out Parcel to Publix Shopping Center! Carrols' Pollo Tropical® restaurants comprise a highly successful regional chain featuring fresh, grilled chicken.

Status: SOLD
Price: $785,715
Cap Rate: 7.00%
NOI: $55,000
Building Size: 1,803 ± SF
Year Built: 2005
Primary Type: Free Standing

NNN Jack in the Box

Oregon
Absolute NNN Corporate guaranteed 20 year lease with 8% Rent increases every 5 years. A+ Location!

Status: SOLD
Price: $2,298,000
NOI: $152,118
Cap Rate: 6.50%
Year Built: 1999
Primary Type: Free Standing

NNN Pep Boys Auto

Orlando, FL
Absolute Net Leased Pep Boys Auto location. Brand new NNN lease - 15 year term with 1.5% annual rent increases and 4 options to renew at 5 years each. 10 auto service bays

Status: SOLD
Price: $3,948,622
NOI: $266,532
Cap Rate: 6.75%
Lot Size : 1.95 Acres
Primary Type: Free Standing

NNN CVS

West Point, MS
Brand New Absolute NNN CVS for sale. Main & Main location in county seat & college town. 25 yr NNN lease with rent commencing at COE. High traffic counts - Growing population in area. Large parcel size with 2 means ingress/egress.

Status: SOLD
Price: $3,732,500
Building Size: 11,945 SF
Cap Rate: 6.7%
Year Built: 2007
Primary Type: Free Standing

NNN AutoZone

Jacksonville, FL
Rare 15 Year Absolute NNN Corporate AutoZone! 12% Rent Increase at start of 11th lease year and then every 5 yr. Auto Zone, Inc. is the nation's leading retailer of automotive parts and accessories, with over 3,600 stores. S&P Rated BBB+

Status: SOLD
Price: $1,692,307
Cap Rate: 6.50%
Building Size: 6,855 ± SF
Year Built: 2007
Primary Type: Free Standing

NNN Walgreens

Sarasota, FL
Absolute NNN lease with 21 +/- years remaining. A+ location! S&P Credit rating A+. The property is an out parcel to an established Publix Shopping Center with over 44,000 cars passing by daily. Attractive Self-liquidating 25 Year Debt

Status: SOLD
Price: $4,370,370
Cap Rate: 6.75%
NOI: $295,000
Building Size: 14,490 ± SF
Year Built: 2003

NNN CVS Retail Center

Ft. Lauderdale, FL
NN Leases, A+ Location! This 14,457 SF CVS-anchored retail center is located in one of the most desirable neighborhoods. Property is at the signalized intersection of East Oakland Park Blvd (30,500 ADT) and Bayview Drive. Other tenants include, The UPS Store, Hair Cuttery, and Las Vegas Cuban Cuisine.

Status: SOLD
Price: $3,951,140
Cap Rate: 6.75%
Building Size: 14,457 ± SF
Lot Size: .81 acres
Year Built: 1993

NNN O'Reilly Auto Parts

Statesville, NC
Brand new facility with 20 year corporate absolute NNN lease with publicly traded tenant in one of the fastest growing county in North Carolina. Strategically located at crossroads of two major interstate highways.

Status: SOLD
Price: $1,200,000
Cap Rate: 7.0%
Year Built: 2008
Primary Type: Free Standing

NNN Tractor Supply Company

Maryland
Brand new, rare Absolute NNN 15-year lease with 4 - five year options and 10% rent bumps every 5 yrs! No Landlord Obligations! AA S&P 500 Rating. 698 stores / 38 states. Net worth of approximately $598 million. Total Sales: $5.5B in 2006. (Ticker Symbol: TSCO)

Status: SOLD
Price: $5,825,000
Building Size: +/- 20,288 SF
Cap Rate: 6.50%
Year Built: 2007
Primary Type: Free Standing

NNN CVS

Houston, TX
This CVS Drug Store offers free standing stores for customers easy in and out access. There is drive-through pharmacies for consumers conveniences. There is absolutely no landlord responsibility. It is an ideal investment property.

Status: SOLD
Price: $6,990,000
Building Size: 13,813 SF
Cap Rate: 6.80%
Year Built: 2003
Primary Type: Free Standing

NNN Wendy's

Ft. Myers, FL
20 year absolute NNN lease with an experienced multi-unit operator. This investment has 7% rental increases every 5 years and 4 five year renewal options. Anchored by Publix Supermarket and Family Dollar Store.

Status: SOLD
Price: $1,400,000
Building Size: 2,993 SF
Cap Rate: 6.95%
NOI: $100,000
Year Built: 2001
Primary Type: Free Standing

NNN Taco Bell

Tampa , FL
Absolute NNN (no landlord obligations) 20 year lease with options and 1.50% annual bumps!. Excellent locations and very competitive rates!

Status: SOLD
Price: $2,250,000
Building Size: 2,500 SF
Cap Rate: 7.4%
Year Built: 2005
Primary Type: Free Standing

NNN Shopping Center

Boynton Beach, FL
Strong Tenant mix including Quizno's Subs. Guaranteed long term leases with high rental Increases. New Construction. Strong anchors include: Home Depot, Staples, Lowes. Over 187,000 vehicles travel this area daily.

Status: SOLD
Price: $2,085,394
Building Size: 5,805 SF
Cap Rate: 6.50%
NOI: $135,551
Year Built: 2005
Primary Type: Shopping Center
What is a NNN Lease?

In a triple-net lease (NNN), the tenant pays all the operating expenses, property taxes, utilities, insurance premiums, maintenance and repairs. The landlord gets to collect monthly net rental income just as he or she would with a traditional real estate investment. Such a lease usually extends over the long term, with a financially strong corporate entity guaranteeing a lease anywhere from 10-25 years. NNN’s are typically purchased on a cap rate. A cap rate is essentially a yield which is determined by dividing the tenant’s annual rent by the purchase price. For example, if Walgreens is paying $325,000 annually and the purchase price is $5,000,000, the CAP rate is 6.50% ($325,000/$5,000,000).

Example:

Wendy’s is your tenant for a guaranteed 20-year period. The tenant is responsible for all costs to operate and maintain the property, this is sometimes referred to as an “absolute” Triple-Net lease because the only management required is paying the mortgage (if there is one) and receiving the rent checks. Triple-Net lease ownership is great for first-time real estate investors as well as for long time investors seeking purchase or trade into less complicated real estate investments. In many cases, when the lease expires, you will own the property free and clear.

The price range for a NNN lease property is generally between $1 million - $7 million. The fast food restaurants and auto stores and are the most affordable, while drugstores are on the higher end. Big box retailers such as Home Depot, Lowe’s, and Publix can bring from $15 million to $25 million.