The NNN Market provides insight to the current NNN brokerage environment. I will highlight recent sales, market trends, off-market investment opportunities as well as discuss innovative idea's (technology) and how it's affecting commercial real estate.
Thursday, December 18, 2014
Taco Bell, Watsonville, CA 20 yr lease, 10% bumps
Price: $3,778,000 - Cap Rate: 4.75%
Excellent sales history
New 20 yr. NNN lease on existing location (open since 1988)
Next to a Walgreens & Kmart anchored shopping center