best tracker
MCD_SOLD

SALES HISTORY | NNN PROPERTIES

  The NNN Properties Below are some of our Recent Sales. The majority of our available NNN Properties 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 investment grade listings and we will help you find what you're looking for.

2014 SOLD NNN Properties

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
NNN Dollar General

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 O'Reilly Auto Parts For Sale
File Photo
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 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

2013 SOLD NNN Properties

Status: SOLD
Closing Date: 12/6/13
Sales Price: $1,100,000
CAP: 5.09%
Years on Lease: 6.2± Years
Rent Increases: 13% Every 5
Guarantor: Corporate
NNN 7-Eleven For Sale
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 Wendy's For Sale
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 Chase Bank For Sale
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
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 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 Walgreens For Sale
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 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 Chase Bank For Sale
File Photo
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

File Photo
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

Actual Property
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

File Photo

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
Actual Property
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

File Photo
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 AutZone For Sale
Actual Property

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
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
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

File Photo
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 AutZone For Sale
File Photo
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
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
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
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 AutZone For Sale
File Photo
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

Actual Property

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
File Photo

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
File Photo

NNN Corporate IHOP Ground Lease
Norcross (Atlanta), GA
NNN Corporate IHOP - DineEquity (NYSE: DIN) with 9± years remaining on a 20 yr lease 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 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
Sales Price: $735,000
Cap Rate: 7.41%
Years on Lease: 1.7± Years
Gas: YES
LL Responsible: None
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 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
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
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 Carl's Jr
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
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 Carl's Jr
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 For Sale
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
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 Walgreens For Sale

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
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
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
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
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
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
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: $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.

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
NNN Wendy's For Sale

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: 7.465%
Year Built: 2008
Guarantor: Corporate
LL Responsible: None
NNN Taco Bell/Pizza Hut Corporate

2010 SOLD NNN Properties

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 CVS For Sale

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
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-.

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.
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
NNN AutZone For Sale

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 AutZone For Sale
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 AutZone For Sale

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
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.

The properties shown on this website may or may not be exclusively listed by SOLID INVESTMENTS of Berger Realty Group.
All information shown on www.solidinvestmentsfl.com is believed to be accurate, but is not warranted.

SOLID INVESTMENTS of Berger Realty Group • Phone 954-296-2955 • Fax 954-944-1830
11015 Gatewood Dr Suite 102 Lakewood Ranch, FL 34211

Sitemap | 2014 Solid Investments FL. All Rights Reserved.

HOME NNN PROPERTIESNNN SINGLE TENANT LIST 1031 EXCHANGEBUYER'S GUIDE • SALES HISTORY • TENANT CREDIT RATINGCONTACT US

     

Single Tenant Net Leased Specialist

Shopping center for sale / commercial real estate for sale / commercial real estate for sale in Florida / commercial property for sale in Florida / Commercial property for sale in FL / commercial property for sale / investment property for sale in Florida / Walgreen's for sale / Walgreens / Walgreen / building for sale / invest / investment / Florida / Want to invest in Florida real estate / commercial real estate / Florida real estate / south Florida / profit produce producing / high cap rate / great cash flow / warehouse / shopping center / building / multi family / 1031 exchange / Shopping center for sale / Walgreen's for sale / Walgreens / Walgreen / building for sale / invest / investment / Florida / Want to invest in Florida real estate / commercial real estate / Florida real estate / south Florida / profit produce producing / high cap rate / great cash flow / warehouse / shopping center / building / multi family / 1031 exchange / Shopping center for sale / solid investments / NNN Properties / NNN Property / triple net property for sale / invest in NNN property / high cap rates / what does triple net mean? / office buildings for sale / NNN shopping center for sale in florida