Monday, December 29, 2014

Investment Offering - 6,889 SF Advance Auto Parts | Burleson, Texas


Investment Highlights

  • Triple Net Lease - High Quality New Construction
  • Advanced Auto Parts, Inc. - NYSE (AAP) second largest auto aftermarket parts provider in North America
  • Investment Grade Credit: Standard & Poor = BBB - Stable; Moody's = Baa3 Stable
  •  Standard 6,889 SF  prototype 
  • 15 year term at $17.50 PSF
  • Four (4) Renewal options of 5 years with 10% rent bumps
  • Estimated Rent Commencement - April 9,2015
  • 74,000 people within 5 mile radius
  • Estimated Average Household Income: $89,000 in a mile radius 



Additional Tags: 
NNN Properties, auto, 1031 Exchange, parts, off market real estate investment properties, car, STNL property

Monday, December 22, 2014

Single tenant industrial building- Louisville, Ky


Investment Highlights

  • Long-term international single tenant net lease investment
  • Tenant annual sales over $1.5 billion
  • Located in desirable centrally-located Watterson Park area
  • Warehouse, office, and showroom space
  • Numerous recent capital improvements including parking lot, lighting, dock equipment, and HVAC
  • Drive-in and dock loading doors



Additional Tags:
STNL investments, industry, 1031 Exchange, Target, Triple Net Property, market, Tax deferred exchange properties, warehouse, real estate 

Fresenius Dialysis Center | International Credit Tenant | 8 Years Remaining | Low Price Point


Investment Highlights

Price: $884,000 - Cap Rate: 7.00%

 Long Term Corporately Guaranteed Lease with 8 Years Remaining

■  Double Net Lease - Minimal Landlord Responsibilities

■  2007 Construction | Substantial Tenant Improvement Dollars Invested

■  Low Price Point Investment backed by a Strong International Credit Tenant

■  Strategically Located in Between Several Major Medical Centers

■  Fresenius is the Largest Provider of Dialysis Treatments and Dialysis Equipment in the World




Additional Tags:
NNN Property, dialysis, Single Tenant Property, medical center, off market triple net properties, medicine, STNL property

NEW LISTING: Two Wendy's in Odessa, TX and Las Cruces, NM | Available Individually


Wendy's Highlights

Strong national brand - The Wendy's Company (2013 Revenue: $2.487 Billion)
Absolute triple net (NNN) leases / fee simple ownership
Drive - thru buildings
Strong demographics in the trade areas


Odessa: $2,358,000 / 5.50% Cap Rate
  • Rare rental increases w/ over 12-years remaining in primary term
  • Located near signalized, hard corner intersection of E. University Boulevard and John Ben Shepperd Parkway (39,400 vehicles per day)
  • Adjacent to University of Texas of the Permian Basin

Las Cruces: $1,742,000 / 5.75% Cap Rate
  • Extremely rare annual rent increases w/ over 18-years remaining in primary term
  • Located near signalized, hard corner intersection of El Paseo Road and E. Idaho Avenue (combined count of 32,300 vehicles per day)
  • Within close proximity to New Mexico State University- major employer



Additional Tags:
NNN, Wendy's, Single Tenant Properties, Fast Food, Net Leased, hamburger, off market real estate investment properties, McDonald's, STNL real estate investment

Tractor Supply Company :: Long-term Net Lease :: Brunswick, GA


Investment Highlights

Price: $4,164,000


Tenant: Tractor Supply Company (NASDAQ: TSCO) is the largest retail farm and ranch store chain in the United States. With more than 1,300 retail stores in 48 states, the company had a net worth in excess of $1.23B and produced impressive TTM Revenues of more than $5.54B
Long-Term Net Lease: 8.5 years remaining lease term with four 5-year options to renew
Attractive Rent Escalation: 10% rent increases every 5 years throughout the initial term and renewal option – Next bump occurs in June 2018
Strong Average Returns: Average return over initial term is equal to more than 7.40% 
Excellent Visibility: Ideally positioned with excellent frontage on both Old Jesup Highway and New Jesup Highway/Golden Isles Parkway (Traffic Count: 18,512 VPD), just 1.5 miles north of Interstate 95 which provides direct access to both Savannah, GA (70 miles) and Jacksonville, FL (65 miles). New Jesup Highway/Golden Isles Parkway serves as the area’s preeminent north-south thoroughfare which is also widely used to get to the beach and many Golden Isles resorts
Dominant Retail & Commercial Corridor: Approximately 3.2 MSF of retail, 1,830 multifamily units and a population of 37,995 within a 5-mile radius
Market: Brunswick, Georgia (MSA Population: 113,807) is a vibrant coastal city located directly on the Atlantic Intracoastal Waterway and supports a progressive economy largely based on tourism and logistics with a metropolitan GDP of $3.9 billion. The Brunswick MSA, which also consists of St. Simons Island, Sea Island, Jekyll Island, Brantley County and McIntosh County, is the twelfth largest MSA in Georgia


Additional Tags:
Triple Net Properties, tractor, Single Tenant Property, supply, 1031 Exchange, farm store, Single tenant net leased real estate investments, ranch store, off market triple net

New Offering :: Two Net Lease Fresenius Medical Care Assets :: Baton Rouge


Investment Highlights

7707 Howell: Price: $1,920,000 - CAP: 7.75%
1919 North Foster: Price: $1,080,000 - CAP: 7.50%

PARENT COMPANY: Fresenius Medical Care North America (FMCNA) is the leading provider of dialysis services and products to more than 166,000 patients suffering from Chronic Kidney Disease in North America. FMCNA is a division of Fresenius Medical Care AG & Co. KGaA (NYSE: FMS) which is the world’s largest integrated provider of dialysis services and products. Headquartered in Germany, the parent company has a net worth of $9.11B and reported $13.6B in sales in 2013

GUARANTOR: Guaranteed by Fresenius Medical Care Holdings, Inc. which is the primary holding company for Fresenius’ North American operations

MARKET: Baton Rouge is the state’s capital and also serves as major industrial, medical, research and technology center. With a current MSA population of 820,159, Baton Rouge is the second largest city in the state












LONG-TERM NET LEASE: 8 years or primary lease term remaining with three 5-year renewal options

LONG-TERM NET LEASE: 8 years or primary lease term remaining with three 5-year renewal options


INITIAL TERM RENT ESCALATIONS: ±0.75% rent increase in November 2018 with annual 0.75% rent increases beginning in January 2020

INITIAL TERM RENT ESCALATIONS: ±0.75% rent increase in April 2016 with annual 0.75% rent increases beginning in January 2018


EARLY LEASE EXTENSION: Fresenius agreed to extend the lease by an additional 4+ years in October 2012 signaling their long-term commitment to this location

EARLY LEASE EXTENSION: Fresenius agreed to extend the lease by an additional 6.75 years in October 2012 signaling their long-term commitment to this location


BUILD-TO-SUIT: The property was originally constructed as a build-to-suit for Fresenius Medical Care in 2008 

BUILD-TO-SUIT: The property was originally constructed as a build-to-suit for Fresenius Medical Care in 2006 


LOCATION: Property is ideally positioned on hard corner of Howell Blvd and 72nd Ave just 0.3 miles from I-110 (Traffic Count: 56,890 VPD), immediately adjacent to YMCA and just south of Champion Medical Center, a new 25,000-SF specialized surgical hospital that opened in January 2014

LOCATION: The property is ideally positioned on the hard corner of North Foster Drive and Jackson Avenue just 2.0 miles from Interstate 110 (Traffic Count: 56,890 VPD)


DOMINANT RETAIL & COMMERCIAL CORRIDOR: 
Approximately 1.7 MSF of retail and 1.3 MSF of industrial space within a 3-mile radius

DOMINANT RETAIL & COMMERCIAL CORRIDOR: 
Approximately 7.8 MSF of retail, 6.2 MSF of office and 6.0 MSF of industrial space within a 3-mile radius


Additional Tags:
NNN, Fresenius, Net Leased, Health, tax deferred exchange properties, medical care, off market STNL, dialysis, single tenant net leased investments

Available: Corporate Pollo Tropical Ground Lease | Dallas MSA | New 20 Yr Absolute NNN Lease


Price: $3,500,000 - Cap: 5.00%



Additional Tags:

Single Tenant Property, Pollo Tropical, Triple Net Properties, Fast Food, off market triple net, McDonald's, real estate, Chick-fil-A, single tenant net leased investments