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Are you looking for a specific location or tenant? The majority of available NNN Properties are Not posted on our website. We have access to thousands of Net leased properties located nationwide. Please contact us for various investment grade listings and we will find what you're looking for.

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AVAILABLE NNN PROPERTIES

NNN Corporate 7-Eleven Portfolio
More than 200 Locations Available Nationwide!
A+ Corporate Locations Available, Very High Barriers to Entry with High Store Sales. Low Price Points-Prices Range from $500,000-$1,500,000. Strip Center/Free Standing Convenience Stores or Gas Station Locations. Can purchase individual or multiple locations. 7-Eleven is the World's Largest Convenience Retail Chain and S&P Rated A. 7-Eleven operates more than 37,500 Stores.

Price: $500,000 - $2M
Cap Rate: 5.5%-7.5%
Lease Term: 1-15 Years
Rent Increases: 10% every 5
Guarantor: Corporate
S&P Rating: A
LL Responsible: None

NNN McDonald's Ground Lease
Multiple Locations Nationwide
Absolute NNN 20 Year Corporate McDonald's Ground Lease with 10% rent bumps every 5 years! S&P Credit Rating "A". Net worth is over $65.46 Billion. McDonald's Corporation operates 31,377 restaurants in 118 countries.

Price: $1M - $2M
Cap Rate: 5.5%-6%
Lease Term: 20 ± Years
Rent Increases: 10% every 5
Symbol: MCD
Guarantor: Corporate
S&P Rating: A
LL Responsible: None

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NNN JP Morgan Chase Bank
Corporate 20 year Absolute NNN ground lease. Zero Landlord obligations! Multiple locations available nationwide. 10% Rent Increases every 5 years with options.
JP MORGAN CHASE (NYSE: JPM) (S&P: “AA-”) is one of the oldest, largest and strongest financial services firms in the world. Assets of more than $2.02 trillion and total stockholder equity of over $54 billion.
Price: $1.4M - $3.5M
Cap Rate: 5.50% - 7.0%
Lease Term: 20 ± Years
Rent Bumps: 10% Every 5
Symbol: JPM
S&P Rating: AA-
LL Responsible: None
NNN Wendy's For Sale
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Absolute NNN Walgreens
Mulitple Locations Nationwide
25 Year Absolute NNN Lease with Walgreens Co. (NYSE: WAG | S&P Rated: A+) - Great for 1031 exchange investors seeking long term secure/stable cash flow with Zero Management Obligations. Annual sales exceeding $53B and a net worth of $11B. Prominent Signalized Hard Corner Locations. Non-Recourse, 25 Year Fixed Self-Amortizing Debt is Available at 85% LTV

Price: $3M - $7M
Cap Rate: 6.75% - 8.0%
Lease Term: 25 Years
Year Built: 2002 - 2009
Symbol: WAG
Guarantor: Corporate
S&P Rating: A+
LL Responsible: None
NNN Walgreens For Sale
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NNN AutoZone
Multiple Locations Availalbe
New AutoZone with 20 year NNN lease with 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+ qualifying as Investment Grade. $5.6 Billion in sales! #1 ranked auto parts retailer. No existing debt.
Price: $1M - $3.5M
Cap Rate: 6.75% - 7.25%
Lease Term: 20 Years
Symbol: AZO
Guarantor: Corporate
S&P Rating: BBB+
LL Responsible:: None
NNN AutZone For Sale
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NNN CVS
Multiple Locations Nationwide
Brand New Absolute NNN CVS for sale. 25 yr Absolute NNN lease with 10 x 5 yr options to renew and 5% rent bumps in each option. Zero Landlord Obligations! (NYSE: CVS) (S&P Rated BBB+). Net Worth is $2.6± Billion.
Price: $1.5M - $7M
Cap Rate: 6.75% - 8.0%
Lease Term: 25 Years
Symbol: CVS
Guarantor: Corporate
S&P Rating: BBB+
LL Responsible: None
NNN CVS For Sale
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NN Dollar General - Recession-Proof Tenant
Multiple locations to choose from!
15 Year NNN & NN Corporate Locations Available. Dollar General operates more than 8,400 stores. Dollar General’s 2009 fiscal-second-quarter profit more than tripled to reach $93.6 million, and revenue climbed 11% to $2.91 billion. Dollar General also reported an 8.6% jump in same-store sales
Price: $500K - $2M
Cap Rate: 8.25% - 9.75%
Building Size: 7,000± SF
Lease Term: 15± Years
Symbol: DG
Guarantor: Corporate
2008 Sales: $10.5B
NNN Wendy's For Sale
NNN Burger King Corporate
Mulitple Locations Available
Brand New Absolute NNN 20 Year Corporate Burger King ground lease with 10% rent bumps every five years. Burger King Holdings operates the world’s #2 hamburger chain based on locations (behind McDonald’s) with more than 11,900 restaurants in the US and more than 70 other countries.
Price: $1M-$1.5M
Cap Rate: 6.5%±
Lease Term : 20± Years
Rent Increases: 10% every 5
Symbol: BKC
Guarantor: BK Corporate
S&P Rating: BB-
LL Responsible: None
NNN Burger King For Sale
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NN Advance Auto Parts
Multiple locations to choose from!
15 Year NNN Corporate Lease with rent increases in the options. Advance Auto Parts is the 2nd largest auto parts retailer in the U.S with over 3,200 stores. AAP is a Fortune 500 member and was named the best-managed retail company in 2005 by Forbes Magazine and had a net worth in excess of $1.07 billion. Minimal Landlord Responsibilities.
Price: $750K - $2M
Cap Rate: 7.5 - 9%
Lease Term: 15± Years
Rent Bumps: 10% Every 5
Symbol: AAP
S&P Rating: BBB-
LL Responsible: Slab/Foundation/ Structure
NNN Wendy's For Sale
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NNN IHOP
Multiple Locations Available.
Absolute NNN 20 Yr Corporate & Franchisee IHOP. Corprate guarateed by Dine Equity Inc. (NYSE: DIN). Long leases and great locations with rent increases.
Price: $1.85M - $2.6M
Cap Rate: 6.5% - 7.5%
Lease Term: 20± Years
Rent Bumps: 10% Every 5
Guarantor: Corporate
Symbol: DIN
LL Responsible:: None
NNN IHOP For Sale
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NNN Tractor Supply Company
FL, TX, GA, OH, VA, IL, MI, PA
Brand new, NN 15-year lease with 4 - five year options and 10% rent bumps every 5 yrs! AA S&P 500 Rating. 698 stores / 38 states. Net worth of approximately $598 million. Total Sales: $5.5B in 2006. (Ticker Symbol: TSCO)
Price: $3M - $5M
Cap Rate: 7.0% - 8.0%
Lease Term: 15± Years
Rent Bumps: 10% Every 5
Guarantor: Corporate
Symbol: TSCO
S&P Rating: Private
LL Responsible: Roof&Structure

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NNN Home Depot
Multiple Locations Nationwide
20 year Absolute NNN corporate guaranteed leases. CAP Rates range from 6.75% to 7.5%. Zero Landlord Obligations. The Home Depot, Inc. is the world's largest home improvement specialty retailer and the second largest overall retailer in the United States, with fiscal 2007 retail sales of $77.3 billion and earnings from continuing operations of $4.2 billion.
Price: $6M - $25M
Cap Rate: 6.75% - 7.5%
Lease Term: 20 ± Years
Guarantor: Corporate
Symbol: HD
S&P Rating: BBB+
LL Responsible: None
NNN Arby's For Sale
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NNN Dollar Tree - Recession Proof Tenant
Seabrook (Manchester), NH
Rare Absolute NNN 10 Year Corporate Guaranteed Dollar Tree. Zero Landlord Responsibilities. New Construction. The site is located in a regional shopping district located in tax-free NH, and in close proximity to both the ME and MA borders. Traffic counts are 24,200+ VPD. Avg HH Income is $77,150 within 5 mile radius. There 3,800+ Dollar Tree discount stores in 48. 2008 net worth is $4.24 billion.
Price: $2,420,000
NOI: $193,052
CAP Rate: 8.0%
Lease Term: 10 Years
Lot Size: 1.94± Acres
NASDAQ: DLTR
Guarantor: Dollar Tree Corp
LL Responsible: None
NNN Burger King For Sale
NN FedEx Kinko's
Nationwide
Brand New Construction. FedEx/Kinko's Office is the world's leading provider of document solutions and business services. With a global network, the Dallas based company has 1,500 digitally connected locations in the United States and 11 countries. FedEx Kinko's is part of the $34 billion FedEx family of companies.
Price: $1M-$2.5M
Building Size: 1,750 ± SF
Cap Rate: 7.0%-7.5%
Occupancy: 100%
Symbol: FDX
Guarantor: Corporate
Primary Type: Free Standing
NNN FedEx Kinkos For Sale
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NNN Wendy's - Multiple locations to choose from!
20 year Absolute NNN lease. Zero Landlord obligations! Corporate & Franchisee locations available! Great Rent increases every 5 years and 4 five year renewal options.
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.
Price: $1M - $2M
Cap Rate: 6.75% - 7.5%
Lease Term: 20 ± Years
Rent Bumps: Annual
Symbol: WEN
S&P Rating: BB-
LL Responsible: None
NNN Wendy's For Sale
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NN Starbucks Corporate
Nationwide
New Starbucks located in the Sarasota Florida area. The property is among the top three performing stores in the entire Central West Coast Florida region. Out parcel to 404,000 SF Lowes Power Center. 53,000 VPD. 10 Year lease with bumps! MULTIPLE LOCATIONS AVAILABLE!

Price: $1M - $2.5M
Cap Rate: 6.50% - 7.25%
Lease Term: 10 ± Years
Rent Bumps: 10% Every 5
Guarantor: Corporate
Symbol: SBUX
S&P Rating: BBB+
LL Responsible: Roof&Structure
NNN Starbucks For Sale

NN Verizon Wireless Corporate
Brand New Construction! 10 Yr NN Corporate lease with 10% Rent Bumps every 5 Yrs and 4 x 5 yr options to renew! Multiple locations available! Great for 1031 exchanges. S&P Credit Rating A.

Price: $1M - $2.5M
Cap Rate: 7.25% - 8.5%
Lease Term: 10 ± Years
Rent Increases: 10% every 5
Symbol: VZ
Guarantor: Corporate
S&P Rating: A
LL Responsible: Roof&Structure

NN Starbucks/T-Mobile Center
Chicago, IL
Motivated Seller! Brand New construction that is 100% occupied with two National Credit Tenants: Starbucks BBB+ & T-Mobile- A-. Located in front of the new Wal-Mart Supercenter. 10 year leases with great rent bumps! A+ Location!

Status: Active
Price: $2,975,226
NOI: $223,142
Cap Rate: 7.50%
Building Size: 5,407 SF
Year Built: 2007
Primary Type: Strip Center
NN Walgreens
Nation Wide
NN Walgreens for sale! Walgreens that have been constructed prior to 2002 are typically on their standard 20 year flat leases with options. Walgreens pays for all operating expenses on the property including real estate tax, insurance and CAM; with the exception of roof and structure.
Price: $1.5M - $5M
Cap Rate: 7.75% - 9%
Lease Term: 20 Years
Year Built: Prior to 2002
Symbol: WAG
Guarantor: Corporate
S&P Rating: A+
LL Responsible: Roof&Structure

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NNN Applebee's
Multiple Locations available!

20 year absolute NNN lease with 1.5% annual increases. Prices range from $1.7M-$5M. All excellent locations. Multiple locations available throughout FL! Strong operator with over 100 units.
Price: $1.5M - $5M
Cap Rate: 7% - 7.75%
Lease Term: 20 ± Years
Rent Bumps: 10% Every 5
Symbol: Private
S&P Rating: Private
LL Responsible: None

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NNN Arby's
Multiple Locations Nationwide
Absolute NNN Corporate or Franchisee guaranteed 20 year lease with annual rent bumps. A+ locations! On Sep 29, 2008 Triarc Inc., the parent company of Arby's Restaurant Group, and Wendy's International, completed their merger transaction. The company will be named Wendy's/Arby's Group, Inc. Approx sales are $12 billion, and owns or franchises over 10,000 restaurants.
Price: $1M - $2.5M
Cap Rate: 7% - 8.5%
Lease Term: 20 ± Years
Rent Bumps: Annual
Symbol: WEN
S&P Rating: BB-
LL Responsible: None
NNN Arby's For Sale
PROPERTIES UNDER AGREEMENT

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 $104,000+.

Status: IN ESCROW
Price: $7,685,000
NOI: $565,000
Cap Rate: 7.35%
Building Size: 14,110± SF
Year Built: 2010
Primary Type: Free Standing

NNN Walgreens
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: IN ESCROW
Price: $5,128,571
NOI: $359,000
Cap Rate: 7.00%
Building Size: 14,820± SF
Year Built: 2010
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: IN ESCROW
Price: $1,476,121
NOI: $121,780
Cap Rate: 8.25%
Building Size: 9,014 ± SF
Year Built: 2010
Primary Type: Free Standing

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: IN ESCROW
Price: $1,120,000
NOI: $76,800
Cap Rate: 6.4%
Building Size: 2,400± SF
Primary Type: Free Standing

NNN PNC Bank Ground Lease "Off Market"
South Florida
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. High traffic – High profile South Florida location. No landlord management obligations.

Status: IN ESCROW
Price: $3,120,000
NOI: $195,000
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: IN ESCROW
Price: $3,537,414
NOI: $260,000
Cap Rate: 7.35%
Building Size: 11,479± SF
Primary Type: Free Standing

NNN 7-Eleven Corporate "Off Market"
Fairfield, CT

Status: IN ESCROW
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

Status: IN ESCROW
Price: $850,000
NOI: $49,560
Cap Rate: 5.8%
Building Size: 2,400± SF
Primary Type: Free Standing
Status: IN ESCROW
Price: $1,540,000
Building Size: 11,946± SF
Lot Size: 1.90± Acres
Year Built: 2007
Symbol: CVS
NNN CVS For Sale

NNN 7-Eleven Corporate "Off Market"
Elmwood Park, NJ

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

NNN 7-Eleven Corporate "Off Market"
Annandale, VA (DC Metro)

Status: IN ESCROW
Price: $1,200,000
NOI: $58,858
Cap Rate: 5%
Building Size: 2,400± SF
Primary Type: Free Standing

NNN 7-Eleven Corporate "Off Market"
Lorton, VA

Status: IN ESCROW
Price: $820,000
NOI: $49,300
Cap Rate: 6%
Building Size: 2,400± SF
Primary Type: Free Standing

NNN 7-Eleven Corporate "Off Market"
Spotsylvania, VA

Status: IN ESCROW
Price: $700,000
NOI: $44,800
Cap Rate: 6.4%
Building Size: 2,400± SF
Primary Type: Free Standing

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: IN ESCROW
Price: $1,137,163
Cap Rate: 8.25%
Year Built: 2009
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.
Price: UNDER LOI
Lease Term: 20 Years
Guarantor: Corporate
S&P Rating: BBB
LL Responsible:: None
NNN AutZone For Sale
NNN AutoZone *Rare Absolute NNN Fee Simple
Pasadena, TX
New AutoZone with a rare 15 year absolute NNN fee simple (building & ground). Auto Zone is the nation's leading retailer of automotive parts and accessories, with over 3,600 stores. S&P Rated BBB qualifying as Investment Grade.
Price: UNDER LOI
Lease Term: 15 Years
Guarantor: Corporate
S&P Rating: BBB
LL Responsible:: None
NNN AutZone For Sale

NNN 7-Eleven Corporate "Off Market"
Sarasota, FL

Status: UNDER LOI
Price: $700,000
NOI: $45,203
Cap Rate: 6.45%
Building Size: 2,400± SF
Primary Type: Free Standing

NNN 7-Eleven Corporate "Off Market"
Santa Cruz, CA

Status: UNDER LOI
Price: $1,025,000
NOI: $57,010
Cap Rate: 5.56%
Building Size: 2140± SF
Primary Type: Free Standing
RECENTLY SOLD PROPERTIES

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: 5.5%
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 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 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 Pier 1 /Verizon Center
Pompano Beach, FL
A+ Location!! The 14,318 sf Pompano Pier 1 Shoppes are 100% leased by Pier 1 Imports and Verizon Wireless with long leases and good ups (both corporate stores). Located on an outparcel of the re-developed Pompano Citi Centre and Lowe's on US.
SOLD
Price: $6,929,616
Building Size: 14,318 SF
Cap Rate: 6.25%
NOI: $433,101
Primary Type: Shopping Center
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.

Solid Investments of
Realty Associates Florida Properties
3087 E. Commercial Blvd. Ft. Lauderdale, FL 33308

The properties shown on this website may or may not be exclusively listed by Solid Investments of Realty Associates Florida Properties.
All information shown on www.solidinvestmentsfl.com is believed to be accurate, but is not warranted.

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