NNN Pro Group is pleased to present the exclusive listing for a 7-Eleven located at 3226 Solomons Island Rd. in Edgewater, MD. The site consists of roughly 2,909 rentable square feet of building space on estimated 1.45-acre parcel of land. This 7-Eleven is subject to a 15-year modified triple-net (NNN) lease, which commenced November 1st, 2021. The current annual rent is $220,000 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 4, 5-year renewal options.
About the Investment:
✓ Long-Term, 15-Year Modified Triple Net (NNN) Lease
✓ Approximately 13 Years Remaining
✓ Ten Percent (10%) Rental Increases Occurring Every Five (5) Years
✓ Three (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 33 Years
NNN Pro is pleased to present the exclusive listing for an Arko C-Store / Gas Station located at 5673 Gum Branch Road in Jacksonville, NC. The site consists of roughly 5,051 rentable square feet of building space on estimated 2.29-acre parcel of land. This ARKO is subject to a 20-year absolute triple-net (NNN) lease, which commenced January 13th, 2022. The current annual rent is $262,680 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.
About the Investment
✓ Long-Term, Absolute Triple Net (NNN) Lease
✓ Approximately 17+ Years Remaining
✓ Two Percent (2%) Annual Rental Increases
✓ Six (6), Five (5)-Year Tenant Renewal Options
NNN Pro is pleased to present the exclusive listing for an Arko C-Store / Gas Station located at 14330 Crain Highway in Brandywine, MD. The site consists of roughly 1,524 rentable square feet of building space on estimated 2.57-acre parcel of land. This ARKO is subject to a 20-year absolute triple-net (NNN) lease, which commenced October 18, 2021. The current annual rent is $432,187 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.
About the Investment:
✓ Long-Term, Absolute Triple Net (NNN) Lease
✓ Approximately 17+ Years Remaining
✓ Two Percent (2%) Annual Rental Increases
✓ Six (6), Five (5)-Year Tenant Renewal Options
NNN Pro is pleased to present the exclusive listing for an Arko C-Store / Gas Station located at 11680 Montwood Drive in El Paso, TX. The site consists of roughly 1,908 rentable square feet of building space on estimated 0.93-acre parcel of land. This Arko is subject to a 20-year absolute triple-net (NNN) lease, which commenced October 12, 2041. The current annual rent is $111,116 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.
✓ Long-Term, Absolute Triple Net (NNN) Lease
✓ Approximately 17+ Years Remaining
✓ Two Percent (2%) Annual Rental Increases
✓ Six (6), Five (5)-Year Tenant Renewal Options
NNN Pro is pleased to present the exclusive listing for an Arko C-Store / Gas Station located at 1351 West Frank Street in Grand Saline, TX. The site consists of roughly 5,232 rentable square feet of building space on estimated 1.90-acre parcel of land. This ARKO is subject to a 20-year absolute triple-net (NNN) lease, which commenced October 25th, 2021. The current annual rent is $358,408 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.
About the Investment:
✓ Long-Term, Absolute Triple Net (NNN) Lease
✓ Approximately 17+ Years Remaining
✓ Two Percent (2%) Annual Rental Increases
✓ Six (6), Five (5)-Year Tenant Renewal Options
NNN Pro is pleased to present the exclusive listing for an Arko C-Store / Gas Station located at 3801 South Charles Street in Greenville, NC. The site consists of roughly 2.452 rentable square feet of building space on estimated 1.10-acre parcel of land. This ARKO is subject to a 20-year absolute triple-net (NNN) lease, which commenced January 13th, 2022. The current annual rent is $85,958 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.
About the Investment
✓ Long-Term, Absolute Triple Net (NNN) Lease
✓ Approximately 17.95 Years Remaining
✓ Two Percent (2%) Annual Rental Increases
✓ Six (6), Five (5)-Year Tenant Renewal Options
NNN Pro is pleased to present the exclusive listing for an ARKO
located at 4623 S Amherst Hwy, Madison Heights, VA 24572. The
site consists of roughly 1,922 rentable square feet of building
space on an estimated 0.845-acre parcel of land. This ARKO is
subject to a 12-year Triple Net (NNN) lease, which commenced
6/21/2023. The current annual rent is $97,871 and has scheduled
increases of 1.50% Annually. This site qualifies for bonus and
accelerated depreciation, allowing the investor to take advantage
of significant tax savings.
NNN Pro is pleased to present the exclusive listing for an Arko C-Store / Gas Station located at 4525 FM 349 in Kilgore, TX. The site consists of roughly 5,151 rentable square feet of building space on estimated 5.00-acre parcel of land. This ARKO is subject to a 20-year absolute triple-net (NNN) lease, which commenced October 25th, 2021. The current annual rent is $319,025 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.
About the Investment
✓ Long-Term, Absolute Triple Net (NNN) Lease
✓ Approximately 17+ Years Remaining
✓ Two Percent (2%) Annual Rental Increases
✓ Six (6), Five (5)-Year Tenant Renewal Options
NNN Pro is pleased to present the exclusive listing for an Arko C-Store / Gas Station located at 816 England Street in Ashland, VA. The site consists of roughly 2,561 rentable square feet of building space on estimated 0.67-acre parcel of land. This ARKO is subject to a 20-year absolute triple-net (NNN) lease, which commenced October 18, 2021. The current annual rent is $161,696 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.
✓ Long-Term, Absolute Triple Net (NNN) Lease
✓ Approximately 17+ Years Remaining
✓ Two Percent (2%) Annual Rental Increases
✓ Six (6), Five (5)-Year Tenant Renewal Options
NNN Pro is pleased to present the exclusive listing for an Arko C-Store / Gas Station located at 1635 East Highway in Springdale, AR. The site consists of roughly 2,560 rentable square feet of building space on estimated 0.46-acre parcel of land. This ARKO is subject to a 20-year absolute triple-net (NNN) lease, which commenced October 12, 2021. The current annual rent is $129,953 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.
About the Investment:
✓ Long-Term, Absolute Triple Net (NNN) Lease
✓ Approximately 17+ Years Remaining
✓ Two Percent (2%) Annual Rental Increases
✓ Six (6), Five (5)-Year Tenant Renewal Options
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 13049 North Main St, Jacksonville FL. The site consists of roughly 3,318 rentable square feet of building space on an estimated 0.6-acre parcel of land. This investment opportunity features an existing fifteen (15) year lease term with zero landlord responsibilities and is subject to four (4), five (5) year tenant renewal options. The current rent annual rent is $124,940 and is scheduled to increase by five percent (5%) every five (5) years throughout the base term and option periods.
About the Investment:
✓ Existing 15 Year Lease Term
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
✓ Four (4) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 13060 Sr-251 Magnolia Bluff Way, Darien, GA. The site consists of roughly 3,192 rentable square feet of building space on an estimated 1.0-acre parcel of land. This investment opportunity features an existing fifteen (15) year lease term with zero landlord responsibilities and is subject to four (4), five (5) year tenant renewal options. The current rent annual rent is $85,789 and is scheduled to increase by five percent (5%) every five (5) years throughout the base term and option periods.
About the Investment
✓ Existing 15 Year Lease Term
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
✓ Four (4) Tenant Renewal Periods of Five (5) Years Each
NNN Properties, LLC is pleased to present the exclusive listing for a Burger King located at 14860 West Main Street in Louisville, Mississippi. The site consists of roughly 3,063 rentable square feet of building space on estimated 1.30-acre parcel of land. This Burger King is subject to a 20-year absolute triple-net (NNN) lease, which commenced on July 18th, 2018, and has more than 15 years remaining. The current annual rent is $121,000 and is scheduled to increase by 10% every 5 years and in each of the 4, 5-year renewal options.
About the Investment:
✓ Long Term Lease | More than 15 Years Remaining on an Original 20-Year Lease
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Operated by Carrols Restaurant Group (NASDAQ: TAST), one of the Largest Restaurant Companies and Franchisee’s in the United States
✓ Guaranteed by New CFH, LLC | Subsidiary of Carrols With Over 200+ Units
✓ Attractive Rental Increases of Ten Percent (10%) Every 5 Years
✓ Four (4) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 1611 18th Street, Springfield, OR. The site consists of roughly 2,932 rentable square feet of building space on an estimated 1.00 acres of land. This Burger King is subject to a 20-year absolute triple net (NNN) lease which commenced June 1st, 2021, and has over 17 years remaining.. The base rent is $122,132 and will increase by 1.50% percent annually starting in year seven and continuing throughout the base term and into each of the four (4), five (5)-year tenant renewal option periods.
About the Investment:
✓ Long Term, 20-Year Lease that Commenced in June 2021 – Over 17 Years Remaining
✓ Absolute Triple-Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of 1.50% Annually Beginning in Year 7
✓ Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
✓ Long Term Tenancy | Burger King has Been Operating at this Location for 40+ Years
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 2729 North Main Street, Rutland VT. The site consists of roughly 4,599 rentable square feet of building space on estimated 1.15-acre parcel of land. This investment opportunity is subject to an existing 20 Year (NNN) lease term with zero landlord responsibilities. The lease commenced on 1/1/2023 and is subject to four (4), five (5) year tenant renewal options. The current annual rent is $121,500 and is scheduled to increase throughout the lease term and continuing throughout the base term and option periods.
✓ Store was Recently Renovated & Updated to Increase Drive-Thru Capacity
✓ New Extended Lease By Tenant Shows Commitment to Location
✓ Existing Twenty (20) Year Lease Term
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Guaranteed by Carrols, LLC | Largest Burger King Franchisee With Over 1,110 Units
✓ Attractive Rental Increases Throughout Lease Term
✓ Four (4) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 26383 Main St, Ardmore TN. The site consists of roughly 3,450 rentable square feet of building space on an estimated 0.9-acre parcel of land. This investment opportunity features an existing fifteen (15) year lease term with zero landlord responsibilities and is subject to four (4), five (5) year tenant renewal options. The current rent annual rent is $99,402 and is scheduled to increase by five percent (5%) every five (5) years throughout the base term and option periods.
About the Investment
✓ Existing 15 Year Lease Term
✓ Corporate Tenant Credit
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
✓ No Renewal Options Remaining
NNN Pro is pleased to present the exclusive listing for a Burger King located at 216-226 E. Pleasant Valley Boulevard, Altoona, PA 16603. The site consists of roughly 2,905 rentable square feet of building space on an estimated 0.71-acre parcel of land. This Burger King is subject to a 15-year Triple Net (NNN) lease, which commenced 1/1/2019. The current annual rent is $118,883 and has scheduled increases of 1.00% Annually.
Long Term NNN Lease – Original 15 Year Lease With Approximately 11 Years Remaining
Attractive Rental Increases and Renewal Options – 1.00% Percent Increases Occuring Annually With 5, 5-Year Options
Strong Franchisee Guarantee – Guaranteed by Carrols LLC, who is the Largest Burger King Franchisee With Over 1,110 Units
NNN Pro is pleased to present the exclusive listing for a Burger King located
at 2401 North Memorial Drive, Greenville, NC 27834. The site consists of
roughly 2,860 rentable square feet of building space on an estimated 1.29-
acre parcel of land. This Burger King is subject to a 20-year Triple Net (NNN)
lease, which commenced 12/22/2014. The current annual rent is $87,077
and has scheduled increases of 1.00% Annually.
Investment Highlights:
Long Term NNN Investment
Approximately 10.7 Years Remaining on an Absolute NNN Lease | Zero LL
Responsibilities
Annual Increases in Rent
One percent (1.00%) annual increases in rent throughout the base term and
for the first three years of each of the tenant renewal options
Strong Corporate Guarantee
Lease Guaranteed by Carrols, a Publicly Traded Company (Nasdaq: TAST)
operating more than 1000 Burger King locations
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 154 S. Main St, Baxley GA. The site consists of roughly 2,021 rentable square feet of building space on an estimated 0.8-acre parcel of land. This investment opportunity features an existing fifteen (15) year lease term with zero landlord responsibilities and is subject to four (4), five (5) year tenant renewal options. The current rent annual rent is $132,728 and is scheduled to increase by five percent (5%) every five (5) years throughout the base term and option periods.
✓ Existing 15 Year Lease Term
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
✓ Four (4) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 121 Ponderosa Drive, Sutherlin, OR. The site consists of roughly 3,192 rentable square feet of building space on estimated 0.83 acres of land. This Burger King is subject to a 20-year absolute triple net (NNN) lease which commenced June 1st, 2021, and has over 17 years remaining. The base rent is $106,172 and will increase by 1.50% percent annually starting in year seven and continuing throughout the base term and into each of the four (4), five (5)-year tenant renewal option periods.
About the Investment:
✓ Long Term, 20-Year Lease that Commenced in June 2021 – Over 17 Years Remaining
✓ Absolute Triple-Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of 1.50% Annually Beginning in Year 7
✓ Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
✓ Long Term Tenancy | Burger King has Been Operating at this Location for 20+ Years
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 115 Golden Isles Plaza, Brunswick GA. The site consists of roughly 4,000 rentable square feet of building space on an estimated 0.8-acre parcel of land. This investment opportunity features an existing fifteen (15) year lease term with zero landlord responsibilities and is subject to four (4), five (5) year tenant renewal options. The current rent annual rent is $161,072 and is scheduled to increase by five percent (5%) every five (5) years throughout the base term and option periods.
About the Investment:
✓ Existing 15 Year Lease Term
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
✓ Four (4) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for a brand-new Chase Bank located at 11610 Olio Road, Fishers, Indiana. The site consists of roughly 4,173 rentable square feet of building space on estimated 0.88-acre parcel of land. This Chase Bank is subject to an original 25-year triple-net (NNN) ground lease, which commenced May 9, 2007. The current annual rent is $183,013 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 3, 10-year renewal options.
✓ Original 25-Year Triple Net (NNN) Ground Lease
✓ Approximately 9 Years of Term Remaining
✓ Ten Percent (10%) Rental Increases Occurring Every Five (5) Years
✓ Three (3), Ten (10)-Year Tenant Renewal Options
✓ Over $203M in Branch Deposits Reported in 2023
The NNN Pro Group is pleased to present the exclusive listing for the Checkers located at 802 Lake Bradford Road in Tallahassee, Florida. The site consists of roughly 1,978 rentable square feet of building space on estimated 0.42-acre parcel of land. This Checkers is subject to a 20-year absolute triple-net (NNN) lease, which will commence on August 1st, 2022. The annual rent will be $117,265 and is scheduled to increase by two percent (2.00%) annually throughout the base term and in each of the 4, 5-year renewal options.
About the Investment:
✓ Long-Term, 20-Year Triple Net (NNN) Lease | Zero Landlord Responsibilities
✓ 2.00% Annual Rental Increases
✓ Four (4), Five (5)-Year Tenant Renewal Option Periods
✓ Award Winning Operator
✓ Excellent Unit-Level Sales
NNN Pro Group is pleased to present the exclusive listing for a Circle K located at 3649
Philips Highway in Jacksonville, Florida. The site consists of roughly 5,200 rentable
square feet of building space on estimated 1.48-acre parcel of land. This Circle K is
subject to a 15-year absolute triple-net (NNN) lease, which commenced January 13th,
Investment Highlights:
✓ Long Term 15-Year Absolute Triple Net (NNN) Lease
✓ Brand New 2024 Construction | Store is Now Open
✓ The Lease is Corporate Signed By Circle K, an Investment Grade Tenant (S&P: BBB)
✓ Five (5), Five (5)-Year Tenant Renewal Options; Bringing the Potential Lease Term to
40 Years
✓ Corner Lot at Four-Way Intersection (Over 60,000 Vehicles Per Day); Just off I-95
(130,000+ Vehicles Per Day)
NNN Pro Group is pleased to present the exclusive listing for CVS Pharmacy located at 335 Lancaster Ave in Malvern, PA. The site consists of roughly 12,900 rentable square feet of building space on estimated 1.94-acre parcel of land. This CVS is subject to a 25-year absolute triple-net (NNN) lease, which commenced January 31, 2009. The current annual rent is $548,667.
About the Investment:
✓ Long-Term, 25-Year Absolute Triple Net (NNN) Lease | 11+ Years Remaining
✓ Lease Guaranteed by CVS’s Corporate Entity | Investment Grade Credit: CVS Corporate (S&P: BBB)
✓ Compelling Real Estate Fundamentals | Located Less Than 28-Miles from Philadelphia | Main Line Location | Site is Equipped with a Drive-Thru Pharmacy Pick Up
✓ Excellent Ease of Access and Visibility Off Lancaster Ave
✓ Phenomenal Demographics
✓ 3 Mile Radius | 37,200 Residents Earning $147,134 AHHI
✓ 5 Mile Radius | 90,000 Residents Earning $149,700 AHHI
✓ 10 Mile Radius | 390,600 Residents Earning $145,500 AHHI
NNN Pro Group is pleased to present the exclusive listing for an Express Oil Change located at 19 Tyner Road in Petal, Mississippi. The site consists of roughly 4,800 rentable square feet of building space on estimated 1.14-acre parcel of land. This Express Oil Change is subject to a 20-year absolute triple-net (NNN) lease, which commences at the close of escrow. The current annual rent is $144,386 and is scheduled to increase by 5% every 5 years throughout the base term and in each of the 6, 5-year renewal options..
– Long Term 20-Year Sale-Leaseback
– Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities
– Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
– Six (6) Tenant Renewal Periods of Five (5) Years Each
NNN Pro is pleased to present the exclusive listing for a Gyro Shack located
at 1610 E. Tucson Marketplace Blvd, Tucson, AZ 85713. The site consists of
roughly 828 rentable square feet of building space on an estimated 0.43-
acre parcel of land. This Gyro Shack is subject to a 15-year Triple Net (NNN)
lease, which commenced 9/1/2024. The current annual rent is $105,000
and has scheduled increases of 10% Every 5 Years.
NNN Pro and Bang Realty are pleased to present the exclusive listing for a KFC located at 3000 Fort Campbell Blvd, Hopkinsville, KY 42240. The site consists of roughly 2,050 rentable square feet of building space on an estimated 0.52-acre parcel of land. This KFC is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $131,000 and has scheduled increases of 2.00% Annually.
Long-term Triple-Net Lease with Zero Landlord Responsibility
20-Year Sale-Leaseback
Franchisee Guarantee
Large KFC Operator with ~70 Locations and Plans for Expansion | Contact Listing Broker for More Information
Attractive Rental Increases and Renewal Options
Two Percent (2.0%) Annual Rent Increase and Four (4) Tenant Renewal Periods of Five (5) Years Each
NNN Pro is pleased to present the exclusive listing for a KFC located at 2725 Fort Campbell Blvd, Clarksville, TN 37040. The site consists of roughly 2,200 rentable square feet of building space on an estimated 0.79-acre parcel of land. This KFC is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $122,500 and has scheduled increases of 2.00% Annually.
Long-term Triple-Net Lease with Zero Landlord Responsibility
20-Year Sale-Leaseback
Franchisee Guarantee
Large KFC Operator with ~70 Locations and Plans for Expansion | Contact Listing Broker for More Information
Attractive Rental Increases and Renewal Options
Two Percent (2.0%) Annual Rent Increase and Four (4) Tenant Renewal Periods of Five (5) Years Each
NNN Pro is pleased to present the exclusive listing for a KFC located at 500
Cherry Street, Attalla, AL 35954. The site consists of roughly 2,678 rentable
square feet of building space on an estimated 0.69-acre parcel of land. This
KFC is subject to a 20 Years-year Triple Net (NNN) lease which will
commence upon close of escrow. The annual rent will be $56,867 and has
scheduled increases of 1.50% Annually.
Investment Highlights:
NNN Pro is pleased to present the exclusive listing for a KFC/Taco Bell located at 206 Highway 278 Bypass, Piedmont, AL 36272. The site consists of roughly 2,411 rentable square feet of building space on an estimated 2.6-acre parcel of land. This KFC/Taco Bell is subject to a 20 Years-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $73,101 and has scheduled increases of 1.50% Annually.
Brand New 20-Year Absolute Triple Net (NNN) – Lease to be Signed at Closing
Attractive Rental Increases – 1.50% Annual Rental Increases
Fee Simple Ownership – Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
NNN Pro is pleased to present the exclusive listing for a KFC/Taco Bell located at 5692 Highway 278E, Hokes Bluff, AL 35903. The site consists of roughly 2,160 rentable square feet of building space on an estimated 0.48-acre parcel of land. This KFC/Taco Bell is subject to a 20 Years-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $57,865 and has scheduled increases of 1.50% Annually.
Brand New 20-Year Absolute Triple Net (NNN) – Lease to be Signed at Closing
Attractive Rental Increases – 1.50% Annual Rental Increases
Fee Simple Ownership – Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
NNN Pro Group is pleased to present the exclusive listing for an Maverik located at 4901 East Main Street in Farmington, New Mexico, 87402. The site consists of roughly 4,425 rentable square feet of building space on estimated 1.44-acre parcel of land. This Maverik is subject to a 15-year absolute triple-net (NNN) lease, which is scheduled to commence upon store opening, approximately on September 1st, 2023. The current annual rent is $122,000 and is scheduled to increase by 8% every 5 years throughout the base term and in each of the 10, 5-year renewal options. Glen Kunofsky and Judson Kauffman, exclusive listing agents, are also principals of this property. They are licensed real estate salespersons for the NNN Pro Group in the state of New York.
About the Investment:
located at 442 Elizabeth Avenue in Somerset, New Jersey. The site consists of roughly 5,269 rentable square feet of building space on estimated 1.02-acre parcel of land. This Mavis Discount Tire is subject to a 20-year absolute triple-net (NNN) lease, which commenced June 17th, 2021. The current annual rent is $190,000 and is scheduled to increase by 1.50% annually starting year 7 and in each of the 6, 5-year renewal options.
About the Investment:
– Long Term 20-Year Lease Triple Net (NNN) Lease with Zero Landlord Responsibilities
– Approximately 18 Years Remaining
– Attractive Rental Increases of One-and-a-Half Percent (1.50%) Annually After Year Seven (7)
– Six (6) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for a Mavis Discount Tire located at 325 North Main Street (Rt. 9) in Lanoka Harbor, New Jersey. The site consists of roughly 5,210 rentable square feet of building space on estimated 1.95-acre parcel of land. This Mavis Discount Tire is subject to a 20-year absolute triple-net (NNN) lease, which commenced June 17th, 2021. The current annual rent is $200,286 and is scheduled to increase by 1.50% annually starting year 7 and in each of the 6, 5-year renewal options.
About the Investment:
– Long Term 20-Year Lease Triple Net (NNN) Lease with Zero Landlord Responsibilities
– Approximately 18 Years Remaining
– Attractive Rental Increases of One-and-a-Half Percent (1.50%) Annually After Year Seven (7)
– Six (6) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for a Mavis Discount Tire located at 275 Broadway in Keyport, New Jersey. The site consists of roughly 12,676 rentable square feet of building space on estimated 0.32-acre parcel of land. This Mavis Discount Tire is subject to a 20-year absolute triple-net (NNN) lease, which commenced June 17th, 2021. The current annual rent is $123,000 and is scheduled to increase by 1.50% annually starting year 7 and in each of the 6, 5-year renewal options.
About the Investment:
– Long Term 20-Year Lease Triple Net (NNN) Lease with Zero Landlord Responsibilities
– Approximately 18 Years Remaining
– Attractive Rental Increases of One-and-a-Half Percent (1.50%) Annually After Year Seven (7)
– Six (6) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for a Mavis located at 1655 Columbia Ave in Lancaster, PA. The site consists of roughly 2,548 rentable square feet of building space on estimated 0.57-acre parcel of land. This Mavis is subject to a 15-year lease, which commenced on March 13, 2023. The current annual rent is $175,000 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 2, 5-year and 1, 4-year 11-month renewal options.
About the Investment:
✓ Long Term 15-Year Lease | Corporate Guarantee
✓ Ideal Automotive Service Fundamentals | Located in Lancaster’s Main Shopping Corridor | Several Anchor Tenants Bring Daily Traffic Drivers to the Area | Lowe’s, Aldi, Lidl’s, Giant | Excellent Visibility Along Columbia Avenue
✓ Attractive Real Estate Fundamentals | Strategic Positioning | Situated Across From Speedway Gas Station and Adjacent to a Valvoline Oil Change
✓ Robust Demographics | Perfect Above Average Earnings Demographic For Auto Service Businesses
✓ 1 Mile Radius | 9,900 Residents Earning $81,000 AHHI
✓ 3 Mile Radius | 105,600 Residents Earning $72,300 AHHI
✓ 5 Mile Radius | 180,000 Residents Earning $81,700 AHHI
NNN Pro is pleased to present the exclusive listing for a McAlister’s Deli
located at 2293 North Main Street, Crossville, TN 38555. The site consists
of roughly 3,429 rentable square feet of building space on an estimated
0.68-acre parcel of land. This McAlister’s Deli is subject to a 20-year Triple
Net (NNN) lease which will commence upon close of escrow. The annual
rent will be $150,000 and is scheduled to increase by 10.00% Every 5 Years.
Investment Highlights:
NNN Pro Group is pleased to present the subject Mexican Sugar; a trophy restaurant property in the economic powerhouse of Central Texas within Dallas County, and more particularly located at 3215 Regent Boulevard in Irving, Texas. Built in 2020, the subject investment consists of a +/- 2.05-acre parcel situated at the confluence of Interstate Highway 635 and W John Carpenter Freeway and approximately five miles east of Dallas Fort Worth International Airport. The subject property is located on the south side of Interstate Highway 635 just off N Belt Line Road and W John Carpenter Freeway. To the west: Whiskey Cake Kitchen & Bar, Taco Bell and Slim Chicken; To the south: The Dump Furniture Outlet and The Home Depot; To the east: Walk Ons and PINSTACK Las Colinas; To the south: thriving industrial park. Irving is a city in the Texas, in the las Colinas, an ideal master-planned urban center, within the Dallas-Fort Worth metropolitan statistical area.
The investment opportunity is subject to a 20-year, triple net (NNN) with Mexican Sugar Holdings, LLC (“Tenant”). The lease commenced in 8/1/2020 and will be subject to three (3), five (5)-year tenant renewal options, bringing the total possible lease term to 35 years. The initial rent will be $337,500 and will increase by ten percent (10.0%) every five (5) years. The lease will be corporately guaranteed by Whiskey Cake Holdings, LLC; the parent company behind Whiskey Cake (9), Sixty Vines (5), Ida Claire (3) and Mexican Sugar (2); four of the operators multiple thriving brands that identify as polished casual concepts.
16 Years Remaining
Corporate Guarantee – 19 Units – Outstanding Sales Figures on Each
Unit Level Sales of Over $10.6M in Sales in 2023
3.7% RENT TO SALES – 9X EBITDAR COVERAGE
Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities
Attractive Rent Increases: 10.0% Every Five (5) Years
Three (3), Five (5)-Year Tenant Renewal Options
Exceptional, Proven Operator; Strong Unit-Level Performance
E-Commerce Resistant Investment Opportunity
NNN Pro Group is pleased to present the exclusive listing for a Monaco Enterprises located at 14820 East Sprague Avenue in Spokane Valley, WA. The site consists of roughly 37,417 rentable square feet of building space on estimated 3.95-acre parcel of land. This Monaco Enterprises is subject to a 20-year absolute triple-net (NNN) lease, which commenced January 16th, 2020. The current annual rent is $344,262 and is scheduled to increase by 2.00% annually throughout the base term and in the 1, 10-year renewal option.
About the Investment:
✓ Long-Term, Original 20-Year Absolute Triple Net (NNN) Lease
✓ Mission Critical Manufacturing And Headquarters Facility
✓ Two Percent (2.00%) Rental Increases Annually
✓ Approximately 16 Years Remaining
NNN Pro is pleased to present the exclusive listing for a Murphy USA
located at 111 Farrow Drive, Winchester, VA 22602. The site consists of
roughly 2,500 rentable square feet of building space on an estimated 1.35-
acre parcel of land. This Murphy USA is subject to a 20-year Ground lease,
which commenced 10/5/2012. The current annual rent is $93,606 and has
scheduled increases of 7.50% Every 5 Years.
Investment Highlights:
Long Term NNN Investment
Absolute NNN Lease with Zero Landlord Responsibilities
Attractive Increases in Rent
7.50% increases in rent occurring every 5 years throughout the base term
and in each of the 4-5 Yr. tenant renewal option periods
Corporate Guarantee from Murphy USA
Murphy USA is a publicly traded company on the NYSE under the ticker
symbol MUSA
NNN Pro Group is pleased to present the exclusive listing for a Pizza Hut located at 3510 Knickerbocker Rd in San Angelo, TX. The site consists of roughly 2,651 rentable square feet of building space on estimated 0.28-acre parcel of land. This Pizza Hut is subject to a 15-year absolute triple-net (NNN) lease, which commenced September 9, 2005. The current annual rent is $75,000 and is scheduled to increase by 2.50% annually throughout the base term and in each of the 2, 5-year renewal options.
About the Investment:
✓ Long Term Absolute Triple Net (NNN) Lease | +/- 15 Years Remaining
✓ Two and One-Half Percent (2.50%) Annual Rental Increases
✓ Two (2), Five (5)-Year Tenant Renewal Options
✓ Tenant Shall Invest $400,000 into Site by End of 2025
✓ Fee Simple Ownership
The NNN Pro Group is pleased to present the exclusive listing for the Pizza Hut located at 795 Y’town-Warren Rd, Niles, OH 44446. The site will consist of roughly 2,940 rentable square feet of building space on estimated 1.44-acre parcel of land. The Pizza Hut is subject to a 20-year absolute triple-net (NNN) lease that commenced on 2/22/2022. The initial annual rent will be $84,401 and is scheduled to increase by one-and-three-quarters percent (1.75%) annually starting year seven (7) of the base term and continuing through six (6), five (5)-year renewal periods.
About the Investment:
– Long-Term, 20-Year Absolute Triple Net (NNN) Lease that Commenced on February 22, 2022
– 1.75% Rental Increases Annually Starting Year Seven (7)
– Six (6), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 50 Years
– Franchisee Guarantee from SFR XI Holdings, LLC – Approximately 120+ Units
– Certain principals of the selling entity, including but not limited to Glen Kunofsky and Nicoletti DePaul, are Exclusive Listing Agents and part fee-simple owners of the property. See back page for full disclosure.
NNN Pro is pleased to present the exclusive listing for a Popeyes located at 2505 Hwy 80 West, Jackson, MS 39204. The site consists of roughly 2,382 rentable square feet of building space on an estimated 0.86-acre parcel of land. This Popeyes is subject to a 20-year Triple Net (NNN) lease, which commenced 12/20/2019. The current annual rent is $81,000 and has scheduled increases of 1.00% Annually Starting Year 11.
Long Term Triple-Net (NNN) Lease
The 15+ Year Lease will Have No Landlord Responsibilities
Attractive Rental Increases and Renewal Options
One Percent (1.0%) Annual Rent Increases Starting in 2030 and Six (6)
Tenant Renewal Periods of Five (5) Years Each
Compelling Location Fundamentals
Subject Property is Approximately 2-Miles from Downtown Jackson, MS
NNN Pro is pleased to present the exclusive listing for a Popeyes located at
1680 N 1st St, Hermiston, OR 97838. The site consists of roughly 2,536
rentable square feet of building space on an estimated 0.82-acre parcel of
land. This Popeyes is subject to a 20-year Triple Net (NNN) lease, which
commenced 6/1/2023. The current annual rent is $215,000 and has
scheduled increases of 1.75% Annually Starting Year 7.
NNN Pro is pleased to present the exclusive listing for a Popeyes located at 4725 Clinton Blvd, Jackson, MS 39209. The site consists of roughly 2,628 rentable square feet of building space on an estimated 0.32-acre parcel of and. This Popeyes is subject to a 20-year Triple Net (NNN) lease, which commenced 12/20/2019. The current annual rent is $83,000 and has scheduled increases of 1.00% Annually Starting Year 11.
Long Term Triple-Net (NNN) Lease
The 15+ Year Lease will Have No Landlord Responsibilities
Attractive Rental Increases and Renewal Options
One Percent (1.0%) Annual Rent Increases Starting in 2030 and Six (6)
Tenant Renewal Periods of Five (5) Years Each
Compelling Location Fundamentals
Subject Property is Approximately 5-Miles from Downtown Jackson, MS
NNN Pro Group is pleased to present the Prime Meridian Bank located at 1471 Timberlane Road in Tallahassee, FL. The site consists of roughly 14,727 rentable square feet of building space on an estimated 1.24-acre parcel of land. This property is subject to an absolute triple net (NNN), which expires on July 31, 2034. The current annual rent is $294,000 and is scheduled to increase by 10%every 5 years and in each of the option periods.
✓ Long-Term Absolute NNN Lease | Full Scale Exterior and Interior Renovations in 2020
✓ 15-Year Lease Signed in 2019 | Recast of a Long-Term Lease
✓ Prime Location | Several Anchor Tenants | Trader Joe’s, Publix, CVS, Hobby Lobby
✓ Excellent Ease of Access and Visibility Off Timberline Road and Thomasville Road|Great Exposure & Visibility
✓ As of 2023, This Prime Meridian Bank Reported Total Deposits Exceeding
$472,790,000, Reflecting its Robust Presence and Trust Among Customers
✓ 65% Of Deposit Market Share For The Entire Zip Code
✓ Compelling Demographics | Over 269,000 Individuals Residing Within a Ten Mile Radius
✓ Flagship Location | This Location Makes Up 63% Of Prime Meridian Banks Total Deposits
NNN Pro Group is pleased to present the exclusive listing for a Red Lobster located at 1400 Howe Avenue in Sacramento, California. The site consists of roughly 9,200 rentable square feet of building space on estimated 1.64-acre parcel of land. This Red Lobster is subject to a 20-year absolute triple-net (NNN) lease, which commenced October 28th, 2015. The current annual rent is $505,112 and is scheduled to increase by 2% annually throughout the base term and in each of the 4, 5-year renewal options.
✓ Long-Term, Absolute Triple-Net (NNN) Lease with Over 17 Years Remaining on the Base Term
✓ Corporate Tenant | Corporate Guaranty
✓ Attractive Rental Increases of Two Percent (2.00%) Annually
✓ Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 46 Years
NNN Pro Group is pleased to present the exclusive listing for the Sonic located at 1615 Sampson St in Westlake, LA. The site consists of roughly 1,318 rentable square feet of building space on estimated 0.50-acre parcel of land. The Sonic is subject to a 15-year absolute triple-net (NNN) sale-leaseback, which will commence upon close of escrow. The initial annual rent will be $87,750 and is scheduled to increase by one-and-a-half percent (1.50%) annually starting in year four (4) throughout the base term and in each of the five (5), five (5)-year renewal options.
✓ New 15-Year Absolute Triple-Net (NNN) Sale-leaseback
✓ Tenant is an 18-Unit Subsidiary of Guernsey Sonic (87 Unit Sonic Operator)
✓ 7.50% Rent to Sales | Profitable Location For Tenant
✓ 1.50% Annual Rental Increases Starting in Year Four
✓ Five (5), Five (5)-Year Tenant Renewal Option Periods
NNN Pro is pleased to present the Broker Opinion of Value for a Starbucks located at 1992 Zumbehl Rd in St. Charles, MO. The site consists of roughly 1,689 rentable square feet of building space on an estimated 0.74-acre parcel of land. This Starbucks is subject to a 11-year Double Net (NN) lease, which is estimated to commence 9/1/2024. The current annual rent is $187,000 and has scheduled increases of 8.00% in Year Six and Option 1, as well as 7.50% increases in each Option thereafter.
Long Term NN Lease -11 Years of Original Lease Term Remaining and 4 (Four), 5-Year Renewal Options
Brand New Construction! – Estimated Opening September 2024
Strong Corporate Guarantee – Starbucks Corporation (S&P Rating: BBB+)
NNN Pro is pleased to present the exclusive listing for a Starbucks located
at 3217 Sherwood Way, San Angelo, TX 76901. The site consists of roughly
1,500 rentable square feet of building space on an estimated 0.3-acre parcel
of land. This Starbucks is subject to a 20-year Double Net (NN) lease, which
commenced 3/1/2024. The current annual rent is $71,820 and has
scheduled increases of 10.00% In Options.
NNN Pro is pleased to present the exclusive listing for a Taco Bell located at
1545 Clarence E Chestnut Jr Bypass, Centre, AL 35960. The site consists of
roughly 1,726 rentable square feet of building space on an estimated 0.57-
acre parcel of land. This Taco Bell is subject to a 20 Years-year Triple Net
(NNN) lease which will commence upon close of escrow. The annual rent
will be $129,975 and has scheduled increases of 1.50% Annually.
INVESTMENT HIGHL IGHTS
Brand New 20-Year Absolute Triple Net (NNN)
1.50% Annual Rental Increases
Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
NNN Pro is pleased to present the exclusive listing for a Taco Bell located at
519 Cleveland Ave, Attalla, AL 35954. The site consists of roughly 2,358
rentable square feet of building space on an estimated 0.5-acre parcel of
land. This Taco Bell is subject to a 20 Years-year Triple Net (NNN) lease
which will commence upon close of escrow. The annual rent will be $126,196
and has scheduled increases of 1.50% Annually.
Investment Highlights:
NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change
located at 4541 Garth Rd, Baytown, TX 77521. The site consists of roughly
3,300 rentable square feet of building space on an estimated 0.33-acre
parcel of land. This Take 5 Oil Change is subject to a 15-year Triple Net
(NNN) lease, which commenced 8/8/2019. The current annual rent is
$125,400 and has scheduled increases of 10.00% Every 5 Years.
Investment Highlights:
Long Term Triple Net (NNN) Lease | Over 10 Years Remaining
Phenomenal Unit Level Performance | Extremely Profitable Location
Take 5 Chose This Due to Its Compelling Location
Outparcel to Willowcreek Shopping Center | Several Anchor Tenants in the
Area | Good Visibility and Ease of Access | Strong Sales
NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at 1514 West Henderson Street in Cleburne, Texas. The site consists of roughly 1,682 rentable square feet of building space on estimated 0.78-acre parcel of land. This Take 5 Oil Change is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $125,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.
About the Investment:
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Corporate Guarantee from Driven Funding Holdco, LLC (3,500+ Units)
✓ Attractive Rental Increases | 1.50% Annually Starting Year 2
✓ Four (4), Five (5)-Year Tenant Renewal Options
NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change
located at 1265 S Ellsworth Rd, Mesa, AZ 85209. The site consists of
roughly 1,421 rentable square feet of building space on an estimated 1.75-
acre parcel of land. This Take 5 Oil Change is subject to a 20 Years-year
Triple Net (NNN) lease which will commence upon close of escrow. The
annual rent will be $105,000 and has scheduled increases of 1.50%
Annually.
At Closing the Tenant will Execute A Brand New 20-Year Absolute Triple-Net Lease. The Lease will Have No Landlord Responsibilities
The Lease Features One and a Half Percent (1.50%) Annual Rental Increases and Four (4), Five (5) Year Renewal Options
Driven Funding Holdco, LLC (~3,500 Units)
NNN Pro Group is pleased to present the exclusive listing for a Take 5 Oil Change located at 9521 Mansfield Road in Shreveport, Louisiana. The site consists of roughly 1,445 rentable square feet of building space on estimated a 1.186-acre parcel of land. This Take 5 Oil Change is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $100,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.
About the Investment:
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Corporate Guarantee from Driven Systems, LLC
✓ Attractive Rental Increases | 1.50% Annually Starting Year 2
✓ Four (4), Five (5)-Year Tenant Renewal Options
NNN Pro is pleased to present the exclusive listing for a Tropical Smoothie
Cafe located at 1620 E. Tucson Marketplace Blvd, Tucson, AZ 85713. The
site consists of roughly 1,698 rentable square feet of building space on an
estimated 0.51-acre parcel of land. This Tropical Smoothie Cafe is subject to
a 12 Years-year Triple Net (NNN) lease, which commenced 9/1/2024. The
current annual rent is $100,000 and has scheduled increases of 10.00%
Every 5 Years.
● 20-Year Corporate Absolute-Net Sale-Leaseback | Lease Will be Backed by 100+ Locations in 26 States, in the US and Mexico | Deep Pipeline of New Units Coming Online
● Brand-New Construction | 8,903 Square Foot Building Sits as an Outparcel to a Large Shopping Center Anchored by Hobby Lobby, Academy Sports + Outdoors, Ross Dress For Less, Five Below, Petco, and Ulta Beauty | Property is Projected to Open for Business in Summer of 2024
● Dense & Growing Retail Corridor | Property is Located in a Dynamic Trade Area with Significant Ongoing Development that Services all of Kaufman and Van Zandt Counties | Expectation for this to Become a Primary Retail and Commercial Hub for the Region
● Affluent Suburban Community | Average Household Income Exceeds $100,000 for Homes within 10 Miles of the Subject Property
● Robust Demographics | Population Exceeds 117,300 Individuals within a 10-Mile Radius | Substantial Population Growth Projected into the Next Five Years
● 20-Year Corporate Absolute-Net Sale-Leaseback | Lease Will be Backed by 100+ Locations in 26 States, in the US and Mexico | Deep Pipeline of New Units Coming Online
● Brand-New Construction | 6,800 Square Foot Building on a Large 2.10-Acre Lot | Property is Projected to Open for Business in Summer of 2024
● Dense & Growing Retail Corridor | Immediate Proximity to: Starbucks, Dunkin’, Dollar Tree, Auto Zone, Five Guys, O’Reilly Auto Parts, CVS, Costco, Petco, and Many More
● Affluent Suburban Community | Average Household Income Exceeds $121,000 for Homes within Five Miles of the Subject Property
NNN Pro Group is pleased to present the exclusive listing for the Walgreens
located at 9305 Mission Gorge Rd in Santee, CA. The site consists of roughly
13,666 rentable square feet of building space on an estimated 1.15-acre parcel of
land. This property is subject to a long term, triple net (NNN) lease, which expires
on June 30, 2034. The current annual rent is $575,000 and is subject to the tenant
having 10, 5-year renewal options.
Investment Highlights:
Long Term Absolute Triple-Net (NNN) Lease with 10 Years Remaining
Extremely Attractive Better Than Market Loan Assumption with a 4.30% Interest
Only Loan and a 7.19% Cash on Cash Return
Lease Guaranteed by Walgreen’s Corporate Entity
Phenomenal Demographics
3 Mile Radius | 93,383 Residents Earning $110,444 AHHI
5 Mile Radius | 272,233 Residents Earning $100,049 AHHI
10 Mile Radius | 920,613 Residents Earning $104,353 AHHI
Excellent Access and Visibility on Mission Gorge Road with an Easy Connection to
Two Major Highways of CA-125 and CA-52
NNN Pro Group is pleased to present the exclusive listing for a Wendy’s located at 104
Black Gold Court in Hazard, Kentucky. The site consists of roughly 3,200 rentable
square feet of building space on estimated 1.35-acre parcel of land. This Wendy’s is
subject to a 20-year absolute triple-net (NNN) lease, which will commence at close of
escrow. The annual rent will be $95,000 and is scheduled to increase by 1.50%
annually throughout the base term and in each of the 6, 5-year renewal options.
About the Investment:
✓ Brand New 20-Year Sale Leaseback
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases | One and a Half Percent (1.50%) Annually Starting Year
Two
✓ Six (6) Tenant Renewal Periods of Five (5) Years Each
NNN Pro is pleased to present the exclusive listing for a Wendy’s located at 18001 Nine Mile Rd East, Eastpointe, MI 48021. The site consists of roughly 3,154 rentable square feet of building space on an estimated 0.8-acre parcel of land. This Wendy’s is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $156,000 and has scheduled increases of Lesser of Change in CPI or 1.50% Annually.
20-Year Triple Net Lease (NNN)
Zero Landlord Responsibilities
Strong Franchisee Guarantee
Meritage Hospitality Group is an Experienced 388+ Unit Operator and is
One of the Largest Wendy’s Franchisees in the World
Attractive Rental Increases
Lesser of Change in CPI or 1.50% Annually
NNN Pro Group is pleased to present the exclusive listing for a Wendy’s located at 1330 South Main Street, Sikeston, MO. The site consists of roughly 2,046 rentable square feet of building space on estimated 0.72-acre parcel of land. This Wendy’s is subject to a 20-year absolute triple-net (NNN) lease, which commences upon Close of Escrow. The annual rent will be $150,000 and is scheduled to increase by the Lesser of Change in CPI or 1.50% Annually throughout the base term and in each of the Six (6), Five (5)-Year Renewal Options.
✓ Brand New 20-Year Sale-Leaseback
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases | Lesser of Change in CPI or One and a Half Percent (1.50%) Annually
✓ Six (6) Tenant Renewal Periods of Five (5) Years Each
✓ Brand New Construction! | Expected Opening in June 2024
NNN Pro Group is pleased to present the exclusive listing for a Wendy’s located at 436 South Main Street in Lapeer, Michigan. The site consists of roughly 2,273 rentable square feet of building space on estimated 0.95-acre parcel of land. This Wendy’s is subject to a 20-year absolute triple-net (NNN) lease, which commenced July 1st, 2015. The current annual rent is $119,070 and is scheduled to increase by 5% every 5 years throughout the base term and in each of the 2, 5-year renewal options.
About the Investment:
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Lease
✓ Approximately 12.1 Years of Base Lease Term Remaining
✓ Corporate Guarantee from Wendy’s Properties, LLC
✓ Subleased to WEN NATIONAL, LLC, a 40+ Unit Wendy’s Operator
✓ Long Term Operating History | This Wendy’s Has Operated at This Location For Over 45 Years
NNN Pro and Bang Realty are pleased to present the exclusive listing for a Wendy’s located at 303 E. Mountain Parkway, Salyersville, KY 41465. The
site consists of roughly 2,650 rentable square feet of building space on an estimated 0.69-acre parcel of land. This Wendy’s is subject to a 20 Years-year Sale Lease Back lease which will commence upon close of escrow. The annual rent will be $115,000 and has scheduled increases of 1.50% Annual Increases over the 20-Year Term.
Investment Highlights:
Dense Retail Corridor
McDonald’s, Taco Bell, Dollar General, Shell, Dairy Queen, Advanced Auto Parts, Little Caesars, O’Reilly Auto Parts, Dollar Tree, Subway, and Many More
Strong Traffic Counts
E. Mountain Parkway | Over 16,200 Vehicles Daily
Close Proximity to Academic Institution
Magoffin County High School | Total Enrollment of 637 Students | Located 1-
Mile From Subject Property
NNN Pro Group is pleased to present the exclusive listing for a Wendy’s located at 3545 Lakeland Highlands Rd in Lakeland, Florida. The site consists of roughly 3,245 rentable square feet of building space on estimated 1.28-acre parcel of land. This Wendy’s is subject to a 20-year absolute triple-net (NNN) lease, which commences at the close of escrow. The current annual rent is $159,600 and is scheduled to increase by 10% every five years throughout the base term and in each of the 6, 5-year renewal options.
✓ Brand New 20-Year Sale Leaseback
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases | 10%/ 5 Years
✓ Six (6) Tenant Renewal Periods of Five (5) Years Each
NNN Pro is pleased to present the exclusive listing for a Wendy’s located at 1110 Blanding Blvd, Jacksonville, FL 32065. The site consists of roughly 2,995 rentable square feet of building space on an estimated 1.56-acre parcel of land. This Wendy’s is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $110,000 and has scheduled increases of Lesser of Change in CPI or 1.50% Annually.
INVESTMENT HIGHLIGHTS
20-Year Triple Net Lease (NNN) – Zero Landlord Responsibilities
Strong Franchisee Guarantee
Meritage Hospitality Group is an Experienced 388+ unit Operator and is one of the Largest Wendy’s Franchisees in the World
Attractive Rental Increases
Lesser of Change in CPI or 1.50% Annually
NNN Pro is pleased to present the exclusive listing for a Wendy’s located at 2530 Blanding Blvd, Middleburg, FL 32068. The site consists of roughly 3,069 rentable square feet of building space on an estimated 1.02-acre parcel of land. This Wendy’s is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $110,000 and has scheduled increases of Lesser of Change in CPI or 1.50% Annually.
INVESTMENT HIGHLIGHTS
