Sales History | Solid Investments Recently Sold NNN Properties

SALES HISTORY | NNN PROPERTIES

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2012 SOLD PROPERTIES

NNN 7-Eleven Corporate "Off Market"
Holtville, CA - "Off Market Deal"
Absolute NNN Corporate 7-Eleven with 1.7± years remaining on Lease and 3 x 5 year options. 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:	2/16/2012
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
Price:	$680,000
CAP:	5.88%
Rent Increases:	11% Every 5
Years on Lease:	8.3± Years
LL Responsible:	None

2011 RECENTLY 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
Price:	$2,650,000
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
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
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
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
Price:	$990,000
CAP:	6%
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
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
Price:	$1,246,277
Cap Rate:	7.50%
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
Price:	$875,000
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
Price:	$1,310,000
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
Price:	$1,246,277
Cap Rate:	7.50%
Lease Term:	20 Years
Symbol:	Private/CKE
LL Responsible:	None

NNN McDonald's Ground Lease
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
Price:	$1,980,000
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
Price:	$2,607,000
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
Price:	$1,831,000
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
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
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
Price:	$715,500
Cap Rate:	6.15%
Lease Term:	14± Years
Symbol:	YUM
Guarantor:	Corporate
S&P Rating:	BBB-
LL Responsible:	None

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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*
Price:	$625,000
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*
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.

*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-.

*SOLD*
Close of Escrow:	3/28/11
Price:	$845,000
NOI:	$64,122
Cap Rate:	7.59%
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.

*SOLD*
Close of Escrow:	3/3/11
Price:	$1,150,000
Cap Rate:	8.1%
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.

*SOLD*
Close of Escrow:	1/27/11
Price:	$7,300,000
CAP:	7.47%
Year Built:	2008
Guarantor:	Corporate
LL Responsible:	None

2010 SOLD NNN PROPERTIES

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-.

*SOLD*
Close of Escrow:	12/30/10
Price:	$941,785
Lease Term:	3.7± Years
Symbol:	YUM
Guarantor:	Corporate
LL Responsible:	None

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-.

*SOLD*
Asking 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.

*SOLD*
Close of Escrow:	11/5/10
Price:	$1,850,000
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.

*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.

*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-.

*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-.

*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.

*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.

*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.

*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.

*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-.

*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-

*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-

*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+.

*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.

*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.

*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.

*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.

*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.

*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.

*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-.

*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-.

*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.

*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!

*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

*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.

*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+

*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

*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.

*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.

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

NNN AutoZone
Naples, FL
New AutoZone with 20 year NNN lease with (2) five year options. 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+

*SOLD*
Price:	$1,920,000
Building Size:	6,840 SF
Cap Rate:	6.25%
Year Built:	2007
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)

*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.

*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.

*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!

*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.

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.