NN Walgreens - A+ Location!
Ft. Lauderdale (Coral Springs), FL
20 Year NN Corporate Walgreens with ±7 years remaining. A+ Location, directly on University Dr in front of a brand new Super Target center and across from Regal Cinemas, Office Depot & more. Very Desirable South Florida location. 60-year NN lease with options to vacate after 20 years. Initial rent commenced in 1997. Excellent demographics & Phenomenal Store Sales.

NNN Walgreens/UPS Strip Center
Cape Coral, FL
Four tenant NNN retail strip center in Cape Coral, FL with a strong tenant mix including Walgreens, The UPS Store, Century Link & Dry Cleaners. Excellent South Florida location. Minimal Landlord Obligations (Roof & Structure). Walgreens has 7 years remaining on a 20 year NN lease and 8 x 5 year options to renew.

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.

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

NNN Office/Retail Building
Miramar, FL
Brand new, Class A, 100,429 ± SF mixed use building that is part of a new community surrounded by major national tenants. Shadow anchored by a new Publix shopping center! Very strong demographics and traffic count exceeds 40,000 VPD! Great mix of national and local tenants all on long term NNN leases!

NN Verizon Wireless
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.

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!

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.

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.