Were helping investors find stable, long-term NNN Lease investments from reputable brands with less risk and more reward. Over $30 billion of transaction volume, specializing in single-tenant, net lease investment services. The space available is a +/- 2,410 SF restaurant space with 1,680 SF of ground container offers extra space that is not included in the total building square In Cooperation With ParaSell, Inc., A Licensed Tennessee Broker Lic. Retail property for sale at 3061 US-42, Delaware, OH 43015. We transacted over $5.5 billion in net lease sales last year. In Cooperation With Sands Investment Group Michigan, LLC Lic. Msg & Data rates may apply. Property Brochure up doors, one with a loading dock as well as double doors The 40 x 6 storage When investing in commercial property, its important to have proper expectations before signing any type of lease. DE #RB-0031000. $5.5 billion Over $5.5 Billion We transacted over $5.5 billion in net lease sales last year. The parties involved must also be well-versed in both the particulars and the fine print of a lease before signing. with tremendous upside potential. This Deal Includes an Attractive Triple Net(NNN) Lease With 12.5% Rent Increases Every 5 Years and Two (2) Five Year Renewal Options, Providing For a Unique Investment For Your Portfolio. LoopNet also attracts the largest community of commercial real estate professionals looking for NNN Properties with more than 7 million members comprised of brokers, corporate executives, service providers, and more than 3 million buyers, tenants and other principals. Franklin Street Investment Services is pleased to present CVS Pharmacy in Doral, Florida. But, tenants may not appreciate the higher rents and property owners are exposed to the risk of rising operating costs that they cant pass through to the tenant. We know net lease better than anyone. Most real estate investors fail to generate predictable cash flow. LoopNet operates the most heavily trafficked commercial real estate listing service online, with more than $425 billion of commercial real estate for sale and 5.1 billion sq. Sands Investment Group is Pleased to Present For Sale the 2 Unit Jiffy Lube Portfolio Located in Chicago, Illinois. RNL Has a Nationally Recognized Statistical Rating Organization (NRSRO) Rating of BBB+ and is Recognized By the Securities and Exchange Commission (SEC) as Investment Grade. Albuquerque, NM. Even in the case of a property loss, the tenant is responsible for the cost of rebuilding if insurance coverage is insufficient. In commercial property investing, there are numerous types of leases with different expense structures. These Properties Offer Zero Management, Zero Expense and 100% Predictable Cash Flow For 30 Years With Approximately 1% Annual Increases. detailing and mechanic shop and storage units. At Avison Young, we know net lease. These leases include, are often confused with absolute net leases and making a discernible distinction is integral to understanding your, In a NNN lease, the tenant is responsible for taxes, insurance, and general building maintenance, and the landlord or investor is removed from. Sands Investment Group is Pleased to Present For Sale the SQRL Gas Station and C-Store Absolute NNN Lease Located in Russellville, Arkansas. Interested in commercial real estate investment? This Deal Includes a Long-Term Passive Investment With Over 21 Years Remaining on the Lease and Zero Landlord Responsibilities. 1/2 . This deal includes an absolute triple net (NNN) lease with zero landlord responsibilities and approximately 13 years of term left, providing for a unique investment. 2051 Town Center Blvd. Absolute up doors, one with a loading dock as well as double doors. Ask us any question; come to us for anything. appeal and ample parking for employees and guests. Description. The Net Lease Means Zero Responsibility For Taxes, Insurance, Maintenance, Utilities, Vacancy, Renovation, Leasing Costs, Property Management, Asset Management, Appliance Replacements or Capital Improvements. Sands Investment Group is Pleased to Present For Sale the SQRL Gas Station and C-Store Absolute NNN Property Located in Center Ridge, Arkansas. The heating and cooling system have been upgraded to three new HVAC Lease Type: N/a Storefront Example NNN Dollar General Fernandina Beach, FL $2,215,311 2019 Build to Suit Construction - 9,100 SF [] Status: Available CAP: 4.65% Years Left: 11.9 Lease Type: N/a Storefront Example NNN Pep Boys Tallahassee, FL $2,060,000 Scheduled Rent Increase Set in 2024 | 7.7% [] Status: Available CAP: 5.00% Years Left: 7.3 apartment units. If you need assistance evaluating lease options, please contact us. In an absolute net lease, the tenant is responsible for all costs associated with operating the property including those associated with repairing/rebuilding a property in the event of a loss or condemnation. In a triple net lease, it is the tenants responsibility to pay for the costs associated with property taxes, insurance and maintenance. container offers extra space that is not included in the total building square private entrances (with remote access control for the 2 Lower your risk by choosing from Tenants that are Open for business, In-demand and Not susceptible to E-Commerce. Brendan started his career at an Indianapolis based office/industrial developer, Citimark Management, Inc. in 2004. The primary exposure is in the tenant's risk rating since the property will typically house just one. Contact: Barry Bernsten, Manager, The Bernsten Group, Tel: (215) 917-1700, bbernsten@aol.com This agreement completely relieves the property owner or investor of all financial obligations. A Simplified Way of Calculating Basis for a 1031 Exchange. Receive new net lease property listings, insights and opportunities delivered to your inbox weekly. The group's success is attributable to its unwavering dedication to being the market leader in the single tenant arena and being able provide national expertise and in-depth knowledge of virtually all local markets and sub-markets around the country. # 132680, Broker Not Licensed in CO. Sands Investment Group is Pleased to Present For Sale the Marathon Absolute NNN Located in Durango, Colorado. The last two are particularly popular with investors seeking a passive income stream. In Cooperation With Sands Investment Group Illinois, LLC Lic. Accordingly, The confusion between NNN leases and absolute net leases often initiates from an inaccurately advertised NNN lease, or a misunderstanding of the, on either the investors or the tenants behalf. Properties advertise 6.00 to 6.70% cap rates and operate under 10+ year NN corporate-backed leases with few, if any, landlord responsibilities. Absolute Triple net, meaning "net-net-net," is often abbreviated as just "NNN.". But with residential real estate, theres a big problem. NNN leases are typically longer-term for commercial real estate properties and have initial terms that begin at 10 years or more. In an absolute net lease structure sometimes referred to as a bondable lease or absolute NNN lease the tenant is responsible for all operating costs. footage The rear part of the building offers plenty of storage with a If you are an Accredited Real Estate Investor and would like to learn more about our investment opportunities, contact us at (800) 605-4966 or info@fnrpusa.com for more information. In 2007, Brendan went to work for Paragon Companies, a local Indianapolis based developer who specialized in single tenant build to suits for AutoZone and Dollar General, as well as developing Meijer anchored shopping centers. Lease Type: Absolute NNN. To maximize the returns of a. , its always best to consult professionals. #67374 BoR: Andrew Ackerman Lic. We provide unbiased advice, analysis, and execution capabilities for alternative capital solutions for corporately owned and occupiedreal estate. These net-lease properties sell at a reasonable price point, between $1.5-2 million, and sit on visible 1/2 - 3/4 acre lots with easy access. Raydeo Enterprises Will Sign a Brand New 5 Year Lease With Two (2) 5 Year Options and 1% Annual Increases at Close of Escrow. representative of the owner of this desirable boutique retail space in the Net Lease Investments gives investors an opportunity to choose from many National Brand Name Credit Tenants that are essential businesses and are places consumers shop, eat and visit every day. While subtle, these differences are very important and real estate investors must be aware of them prior to committing capital to a net lease property investment. #29362 BoR: Amar Goli Lic. Multi-Tenant Net Lease Office Space - Duluth, GA Retail 28,380 SF 3176 Main Street Duluth, GA 30096 View OM 1/6 $4,607,000 New Walk-On's | 15 Yrs, NNN | Successful Operator 7.45% Blended Return over Base Term of Lease 101 N Strand Pkwy Myrtle Beach, SC 29588 View OM Bidding Closes: 0d 0h 24m6s 1/18 video Auction $350,000 Current Bid property located at 1510 San Pedro Drive NE. Among the most popular are properties with net leases.. In addition, they must continue paying rent in the event that a property is condemned. But, it also includes the cost of things like replacing a roof or HVAC system or rebuilding the property in the event of storm damage. When a property is advertised as a NNN lease, the investor may make the purchase under the assumption that all expenses are the tenants responsibility and unintentionally incur a massive financial expenditure in the future. Costco, Sams Club, Home Depot, Cheddars, Fudruckers, PF Changs, etc. However, the roof and structure of the property are not traditionally included in the tenants list of maintenance responsibilities. This space offers open industrial feeling Absolute Triple Net Properties Types of net leases There are standard names in the commercial real estate industry for different sets of costs passed on to the tenant in a net lease, Double net ( nn lease) and triple-net leases ( nnn lease) are more common forms of net leases. CBRE Net Lease Properties is a select team of senior level CBRE Capital Markets professionals that specialize in the sale, purchase and recapitalization of single tenant net leased properties throughout the United States. This Deal Includes a Value-Add Opportunity With Only 27% of the Building Occupied By NTB Tire, Thus Leaving 73% of the Buildings Warehouse and Office Space Vacant and Ready For a New Tenant, Providing For a Unique Investment. Sale Leaseback. Occasionally, these properties contain tenants with net leases. The space was formerly Alternative investments have higher fees than traditional investments and they may also be highly leveraged and engage in speculative investment techniques, which can magnify the potential for investment loss or gain and should not be deemed a complete investment program. 1000 . Single Tenant Net Lease Office Space | Suwanee, GA. 500 Buford Hwy - Suwanee, GA 30024. floor plan, office/storage area, and two ADA compliant large bathrooms. At First National Realty Partners, our investment focus is on grocery store anchored retail properties. An absolute net lease, absolute triple net lease or absolute NNN lease property is a lease in which the tenant is paying the landlord a lumpsum of monthly rent but also pays for all expenses of the property and daily operations of the business. Lee Associates Ontario is pleased to offer qualified investors an opportunity to purchase The Jurupa Spectrum Center, Jurupa Valleys primary Puritan Park Professional Building, located at 2525 9th Avenue, is a condominiumized medical office building in Altoona, Pennsylvania. uses. This agreement completely relieves the property owner or investor of all financial obligations. In this article, we will define what a net lease is, describe the different variations, and highlight the differences between two specific types of net leases known as the . Ideal, management-free investment for a [], Great location at the signalized corner of Pierce [], Lease with Attractive 7.00% Rental Escalations Every 5 [], Traffic Counts Exceed 48,000 Vehicles Per Day. NC #310575. The exact portion depends on the specific type of net lease, of which there are four: The last two types, triple net and absolute, are particularly popular with investors who want the benefits of commercial real estate ownership, but not the hassle of day to day management. state. This Deal Includes an Securities and/or Investment Advisory Services may be offered through Registered Representatives or Investment Advisor Representatives of Realized Financial, Inc., a broker/dealer, member FINRA/SIPC, and Registered Investment Adviser ("Realized Financial"). Tenants like this structure for its simplicity and property owners like it because they can charge higher rents. In that case, a sale-leaseback may be more attractive since the owner can acquire access to any equity in the property, eliminate any remaining debt, and continue operating in the location. When someone is conducting a 1031 Exchange, they have 45 days to identify their like-kind property. 121 N 6th St, Kenedy, TX 78119 For Sale $120,000 Tenant to Buy Back within 5 Years for $150k Scheduled . The tenant pays for property taxes, insurance, and maintenance of the roof, structure, and common areas of the NNN property. A net lease agreement is the opposite. Absolute net leases are typically used in sale-leaseback agreements. Investing in alternative assets involves higher risks than traditional investments and is suitable only for sophisticated investors. We have absolute net lease Chase banks for sale in New Jersey, Florida, Texas, Boston, New York and all over the east coast. The roof is a new TPO roof and gravel. There is gated parking behind the building for employees or equipment. At First National Realty Partners, our investment focus is on grocery store anchored retail properties. footage. This investment offering is an opportunity to acquire 8720-8810 SE Sunnybrook Blvd - NNN Property. This includes construction of the building and paying for the day-to-day operations of the business. Sands Investment Group is Pleased to Present For Sale the 2 Unit C-Store Portfolio Located in Arkansas. 2764 S Congress Ave - NNN Property Palm Springs, Florida The primary exposure is in the tenant's risk rating since the property will typically house just one. Get instant access to all of our current and past commercial real estate deals. The Difference Between NNN Leases and Absolute Net Leases. Flyer Submit LOI Request Info . $4,650,400. Area co-tenants include: Cinemark 24 screen theater, Pappadeux, Red Robin, This is a Rare, High Quality, Residential Rental Property Under a 30 Year Absolute Net Lease. The main different from absolute NNN leases and absolute NNN ground leases is the ground leases involve the land, or ground. is headquartered in Boise, ID Albertsons Companies is one of the largest food and drug retailers in the United States, Albertsons Companies, Inc. operates under 20 well-known grocery store banners including: Albertsons, Safeway, Vons, Jewel-Osco, Shaws, Acme, Tom Thumb, Randalls, United Supermarkets and Pavilions, Albertsons Companies reported $69.69 billion in the fiscal year of 2020, which is an 11.6% increase over the previous year ($62.45 billion); In June of 2021, Moodys upgraded Albertsons Companies, Inc.s and Safeway Inc.s existing senior unsecured notes to Ba3 Albertsons probability and default rating was upgraded to Ba2, Albertsons Companies is one of the largest retail employers in the United States today, providing approximately 270,000 jobs; Albertsons home delivery services are available in 11 of the top 15 U.S. markets today (Auburn, CA included), Absolute Triple Net (NNN) Property With Zero Landlord Responsibilities, Walgreens Co. (NYSE: WAG) is a S&P Investment With Grade Credit Rating of BBB; Subsidiary of Walgreens Boots Alliance Inc. (NASDAQ: WBA) Which Features Annual Revenues in Excess of $117 Billion, Long Term Lease With 8 Years Remaining on the Original 75-Year Lease, Including Equity Method Investments, Walgreens Boots Alliance Has a Presence in More Than 25 Countries, Employs More Than 440,000 People and Has More Than 18,750 Stores, Located on a Hard Corner Location With Over 22,000 VPD on the Highway 51 North, Located in a Dense Retail Corridor With Nearby Tenants Including: Kroger, Tractor Supply Company, OReilly Auto Parts, Krystal, Dollar Tree, McDonalds, Wendys and More, Approximately 18 Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Lease Features 3% Annual Rent Bumps and 4 x 5 Year Options, High Performance Operator Doing Over $25 Million in Revenue and Continuing to Grow Their Number of Locations, Gas Stations Offer Increased Depreciation Expenses, Strong Operator; Robust Annual Financials Available Upon Request, Located on Main Avenue Which is a Nationally Registered Historic District That Cuts Through Downtown Durango and is Home to Galleries, Boutiques, Restaurants, Bars and Other Businesses, Excellent Demographics Showing Population Growth and a Strong Average Household Income of Over $100,000 Within a 2-Mile Radius of the Property, High Traffic Exposure From the Intersection of Main Ave, E Park Ave and W 17th St That Sees Approximately 11,000 VPD, Store is Strategically Located on a Hard Corner of Intersection With Multiple Points of Ingress/Egress, Site Has 4 MPDs and Multiple Parking Spaces, Lease Features Attractive 3% Annual Rent Bumps and 4 x 5 Year Options, Only a Few Blocks From Main Avenue Which is a Nationally Registered Historic District That Cuts Through Downtown Durango and is Home to Galleries, Boutiques, Restaurants, Bars and Other Businesses, Absolute Triple Net (NNN) Leases With Zero Landlord Responsibilities, Both Properties Have Recently Gone Through Re-Imaging, New Pumps, LED Lighting and Remodeling, Recession, Pandemic and Internet Resistant; Many Gas Station Businesses Continued to Grow Even During the Covid-19 Pandemic and Have Shown Strong Profitability, The West Memphis Amoco Does Approximately $90,000/Month of Inside Sales and 50,000 Gallons/Month Outside Sales; The North Little Rock Conoco Does Approximately $80,000/Month of Inside Sales and 50,000 Gallons/Month Outside Sales, Properties Are Located on Highway 70; A Major Thoroughfare Providing Access In and Out of Memphis and Little Rock, Respectively, Strong Traffic Counts West Memphis Sees Over 18,000 VPD and North Little Rock Sees More Than 15,000 VPD, Multiple Points of Ingress/Egress on Both Properties, 19 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Operator Has Approximately 139 Stores and is Doing Over $100 Million in Fuel Revenue, Located Within 1-Mile From the Center of Beebe and Beebe High School, STRONG TENANT PROFILE (139 Units); The Lease is Corporately Signed By the Parent Company With 139 Locations Currently and an Robust Acquisition Pipeline of Over 50 Other Locations CorporateFinancials Available Upon Request, Tenant in Process and Just Invested Over $150,000 Remodeling the Canopy, Pavement, Interior and Exterior of the Site to Their Proprietary Brand SQRL, Gas Stations Offer Increased Depreciation Expenses*Consult Your CPA, Tenant is Corporately Headquartered in the State of Arkansas, Making This a Strategic Position to Be Located, Multiple Housing Developments Surround the Property, High Traffic Exposure on Center Street Seeing Around 11,000 VPD, Nearby Tenants Include: Walmart, McDonalds, Hardees, Sonic, Tractor Supply Co., Dominos and Dollar Tree, Lease Features 3% Annual Rent Bumps and 4 x 5 Year Options Operator Has Approximately 139 Stores and is Doing Over $100 Million in Fuel Revenue, STRONG TENANT PROFILE (139 Units); The Lease is Corporately Signed By the Parent Company With 139 Locations Currently and an Robust Acquisition Pipeline of Over 50 Other Locations Corporate Financials Available Upon Request, Tenant in Process, Just Invested over $150,000 Remodeling the Canopy, Pavement, Interior and Exterior of the Site to Their Proprietary Brand SQRL, Gas Stations Offer Increased Depreciation Expenses *Consult Your CPA, Located Within 5-Miles From the Center of Searcy, Nearby Tenants Include: Walmart, Pizza Hut, Popeyes, Dollar Tree, Taco Bell and Sonic, 19 Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, STRONG TENANT PROFILE (139 Units); The Lease is Corporately Signed By the Parent Company With 139 Locations Currently and an Robust Acquisition Pipeline of Over 50 Other Locations Corporate Financials Available Upon Accepted Offer, Multiple Housing Developments and Large Industrial Properties Surround the Location, Located Less Than 2-Miles From Russellville High School Which Has Over 1,100 Students, Store is Strategically Located on a Hard Corner of Intersection With Easy Ingress/Egress, High Traffic Exposure From the Intersection of Elmira Avenue and East 16th Street That Sees Roughly 11,500 VPD, Absolute Triple Net (NNN) Lease Offers the Opportunity For a Truly Passive Investment With Zero Landlord Responsibilities, Cummins (NYSE: CMI) Has an A+/A2 Credit Rating With an Annual Revenue of $24.02 Billion Dollars, The Tenant Has Been Operating Out of This Location Since 1974 Showing a Long-Term Commitment to This Site, Low Rent Deal Providing a Safe and Stable Investment, Tenant Has Made Significant Investments Into the Property Over Recent Years, Excellent Freeway Frontage With the Property Being Visible to More Than 35,200 VPD Along Interstate 80, Situated Immediately Off Interstate 80, a Major East-West Interstate Highway, Connecting Hubbard to Major U.S. Markets Including New York and Chicago, 43,428 Residents Within a 5-Mile Radius, Located in the Youngstown Metro Area, Surrounded By Numerous Travel Centers, Truck Terminals and Truck Services Facilities Including: W.W. Williams, ABF Freight, Loves Travel Centers and Flying J Travel Centers, National Retail Concepts Nearby Include: Burger King, Arbys, McDonalds, Dunkin Donuts and More, Lease Features 3% Annual Bumps With 4 x 5 Year Options, Located One Hour From Little Rock, the Capital of Arkansas, STRONG TENANT PROFILE (139 Units); The Lease is Corporately Signed By the Parent Company With Over 139 Locations Currently and an Robust Acquisition Pipeline of Over 50 Other Locations Corporate Financials Available Upon Request, Extremely Limited Competition in the Area, Within 6-Miles of Three Different Schools: Nemo Vista Elementary School, Nemo Vista Middle School and Nemo Vista High School, BBB+ Rated Tenant Under 30-Year Absolute Net Lease, Net Lease Diversification Opportunity From Retail or Office, 1.5x to 2.0x Greater Residual Value Than Many Other Net Lease Options, 43% Higher Depreciation Deductions = 40% Lower Tax = 60bps Pre-tax Equivalent Cap Rate Benefit, Great Option For Back-Up, Park, or Boot 1031 Trades, Investment Grade Tenant (Rated By NRSRO) Capview Residential Net Lease, LLC Holds Reserves to Support its Net Lease Payment Obligations Across its Portfolio No Matter the Underlying Performance of Any Individual Asset, Lease For Both Sites Feature Identical Terms, Providing an Opportunity For Symmetrical Diversification, Both Lease Options Have Been Exercised For an Additional 10 Years With a 10% Rental Increase, Effective April 2023, Long Operating History and Recent Extension Solidify Tenants Commitment to the Site, Both Located in Suburbs of Chicago, Illinois MSA Which Offers Strong and Stable Demographics, Preferable Retail Presence Surrounds Both Sites, With Many Neighboring National Tenants, Strong Guarantee From TEAM CAR CARE, LLC, Jiffy Lubes Largest Franchise Operator, at Over 550 Active Units, High Traffic Counts Support Both Sites, With Full Access From Their Respective Streets, Jiffy Lube, is By Far, the Most Well Known and Established Quick Lube Concept in the Nation, 14.2 Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, 2% Annual Rent Increases With 4 x 5 Year Options, Established Operator of Convenience Stores in Louisiana and Texas That Currently Operates 40+ Locations, Located Along Main Corridor With Traffic Counts of 27,899 VPD Along North Temple Drive, Excellent Visibility and Multiple Points of Access From North Temple Drive and North Hendrick Avenue, Select Neighboring Tenants Include: Jack in the Box, Dollar Tree, Sonic, Churchs Chicken, Dairy Queen, as Well as Several Local and Community Businesses and Org, Value-Add Warehouse: This Property is 35,899 SF Total in Size; Only 27% of the Building is Occupied By NTB Tire, Thus Leaving 73% of the Buildings Warehouse and Office Space Vacant and Ready For a New Tenant, The Value-Add/Unoccupied Portion of the Building Includes a 17,177 SF High Ceiling Box-Shaped Warehouse Space, Plus an Additional 9,100 SF of Office Space, New 5-Year Lease Extension: NTB Tire is a Corporate and Nationally-Recognized Tire Dealer; NTB Occupies 9,622 SF of Retail Space, Including 15 Service-Bays With Frontage on Lejeune Boulevard, Please Reach Out to Broker For More Information, Floor Plan or to Schedule a Property Tour, 11+ Years Remaining on a Triple Net (NNN) Lease With Two (2) Five (5) Year Renewal Options and 12.5% Rental Increases Every 5 Years, Connected Cannabis Offers High-Quality Cannabis By Developing Different Cultivation Techniques to Create the Strains They Are Now Best Known For in the California Market, AlienLabs is Well-Known For Its Flower Strains With a Focus on Top-Shelf, Exotic, Indoor Cannabis; As One of the First California Cannabis Brands, AlienLabs Has Established a Reputation For Pushing Quality to New Heights in Cannabis and Takes Pride in Creating New, Unique Strains With a Menu Where Each Strain is Distinct, No Immediate Plans For the Vacant Space, However There is Potential to Turn The Space Into Residential or a Restaurant; Currently the Tenant is Using the Space, San Francisco is the 4th Largest City in California With a Population of 887,711 and Growing, 5 Minutes (1.2-Miles) to Interstate 280; 25 Minutes (5.4-miles) to Interstate 80; 7 Minutes (2.9-Miles) to State Route 101, 16 Minutes (11.7-Miles) to San Francisco International Airport; 22 Minutes (5.4-Miles) to Downtown San Francisco, 52 Minutes (18.7-Miles) to The University of California-Berkeley; 9 Minutes (2.6-Miles) to San Francisco State University, Excellent Proximity to Pier 70, a $3 Billion Redevelopment of the Historic Site Calls For the Construction of Nearly 2,150 Residential Units, Around 1.7 Million Square Feet of Office Space, Up to 240,000 Square Feet of Retail, Arts, and Light Industrial Space, and 9 Acres of New Parks and Open Space, Major Corporations Like Twitter, Charles Schwab, Airbnb, Salesforce, Square, Lyft, Morrison & Foerster, and Uber Reside in San Francisco, 1 Minute (0.6-Miles) to Interstate 575, 22 Minutes (23-Miles) to Interstate 75 and 32 Minutes (35.2-Miles) to Interstate 285, 5 Minutes (1.8-Miles) to Cherokee County Regional Airport, 50 Minutes (55.7-Miles) to Hartsfield-Jackson Atlanta International Airport and 44 Minutes (45.8-Miles) to Downtown Atlanta, GA, 1 Hour 23 Minutes (83.4-Miles) to GA/TN State Line; 1 Hour 23 Minutes (82.8-Miles) to GA/NC State Line, Excellent Proximity to Cherokee 75 Corporate Park Which Has 172 Acres Zoned For Light Industrial and Canton Cherokee Industrial Park, Master-Planned Light Industrial Targeting Corporate or Regional HQ, Advanced Manufacturers and Data Centers, Key Industries in the Ball Ground Region Include: Healthcare, Construction, Professional, Scientific and Technical Services, The Largest Employers in the Ball Ground Metropolitan Area Include: Charbonneau Industries Inc, Hydro-Chem, E2 Resources, Cross Technologies, Inc., Bodacious Foods and Royston, Cherokee County Regional Airport is Scheduled For Additional Expansion, Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Brand New Long Term 15 Year Lease With 1.75% Annual Increases, PURE Taqueria is Consistently Rated Among the Best Upscale Mexican Restaurants in Georgia With 7 Locations and System Wide Sales of Over $20 Million, Operated By the Franchise Founder and Concept, Developer Possessing Over 45 Years of Restaurant Experience, Phenomenal Operator With Decades of Experience and Dozens of Locations, Absolute Triple Net (NNN) Lease Zero Landlord Responsibilities, Long-Term Passive Investment With Over 21 Years Remaining on the Lease This Opportunity Serves as the Ideal 1031 Exchange Asset, Corporate Guarantor Red Lobster Was Recently Acquired By Thai Union Group, a Multi-Billion Dollar International Corporation, That Has Seen Year Over Year Profit and Revenue Growth Since the Acquisition, Excellent Retail Synergy and Positioning Located Directly Across the Street From Concord Mall; This Property Sees Tremendous Traffic Counts of Over 51,200 VPD, Attractive Rent Escalations The Rent on This Asset Increases By 2% Annually, Providing the Investor With a Strong Hedge Against Inflation, Red Lobster is the Worlds Largest Seafood Restaurant With Over 700 Locations Worldwide, Proven Commitment Red Lobster Has Been Operating at This Site Since 2012 and Has Shown Further Commitment to the Site With Renovations, National Tenants in the Area Chick-fil-A, Olive Garden, Wawa, Giant, Courtyard Marriott, CVS Pharmacy, Target and Trader Joes, Absolute triple net (NNN) lease with zero landlord responsibilities and approximately 13 years of term left, Lease features a corporate guaranty from GPM Investments, LLC, Offers 2% annual bumps and 4 x 5 year options, GPM Investments, LLC operates or supplies sites in 33 states; as the 6th largest convenience store chain in the country, they have ~3,200 locations comprising ~1,400 company-operated stores, ~121 proprietary cardlock locations and ~1,660 dealer sites to which they supply fuel, Strategically located on a hard corner of an intersection in the center of town, Multiple points of access for easy ingress/egress, Site located less than 1-mile from Interstate 131, which sees nearly 36,000 VPD, Property is 22-miles from Grand Rapids, MI which is the second largest city in the state by population, Site benefits from close proximity to elementary and high school, Near by tenants include: Taco Bell, McDonalds, Culvers, OReilly Auto Parts, Tractor Supply Co, Supercuts, Rite Aid and Goodwill, Strategically located off of Marshall Street, a main corridor into the town center that sees over 13,000 VPD, Located approximately 1.5-miles from downtown Allegan, MI, Near by tenants include: Dollar Tree, McDonalds, Allegan hospital, Pizza Hut, Wendys and Taco Bell.

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absolute net lease properties for sale