Tuesday, January 6, 2015

Now Calling for Offers on Grocery Portfolio Investment - CA & OR - Absolute NNN Master Lease

Investment Highlights

  • Absolute NNN investment
  • One corporate master lease covering all four sites
  • Strong sales performance by unit; includes very high performing store in Sonoma County
  • Low price per SF basis; well below replacement cost
  • Initial term expires 9/30/2023
  • 5% rent increases every five years
  • Four 5-year options with 5% firm increases
  • High barrier to entry markets
  • Operator has strong brand value in their markets

Additional Tags:
Grocery, investment, Raleys, real estate, Safeway, single tenant net leased property, Vons, off market nnn, Supermarket, 1031 Exchange, Whole Foods, Triple Net Properties

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