Monday, December 19, 2011

Walgreens Absolute NNN Leased Offering


NNN Leased  Investment Properties

Walgreens | Providence, RI


Asking Price $ 7,150,000 | CAP Rate 7.27%


LEASE SUMMARY



NOI
$520,000

Rentable SF
14,191+/-

Land Area
1.16 Acres

Ownership Type
Fee Simple

Guarantor
Corporate
Lease Type
NNN

Lease Term
25 years

Lease Expiration
10/31/2032

Increases
Every 10 Years

Options
10 @ 5 years


HIGHLIGHTS
This property has existing non-recourse debt of $5.95M that is self amortizing over the life of the lease. This high leverage structure is similar in nature to a “Zero Cash Flow” property, however this asset features over $8,000 per year in positive cash flow. In addition, the site is located in a strong New England market and features rental increases in the lease every 10 years.


LOCATION OVERVIEW







For More information Contact:


AMERICA'S NET LEASE COMPANY™


You may visit our website
to view the entire NNN Leased Investment Properties 


CALKAIN REALTY ADVISORS a division of Calkain Companies


W A S H I N G T O N   D C | F L O R I D A |  M A R Y L A N D  |  D E L A W A R E  |  B O S T O N
The information herein is provided to us by sources deemed reliable, but no warranty or representation is made to its accuracy. Offering is subject to corrections and errors, omissions, prior sale, change of price and/or terms or withdrawal from the market without notice. This information is for guidance only and does not constitute all or any part of a contract.

Friday, November 18, 2011

NNN Leased Investment Offering ManTech International

NNN Lease Investment Properties


ManTech International 
Stafford, VA
Asking Price $13,000,000 
CAP Rate 8.26%

LEASEHOLD SUMMARY - ABSOLUTE NNN
Net Operating Income
$1,074,388 in 2012
Rent Increases
3% Annually
Rentable sf
45,723 +/- sf
Land Area
6.5 +/- acres
Ownership Type
Fee Simple
Lease Type
NNN
Lease Term
10 years
Rent Commencement
Jul 2010
Lease Expiration
Jun 2020
Options
None

HIGHLIGHTS
  • Rent Fully Guaranteed by Publicly Traded Company
  • Minimal Landlord Responsibilities and Full Reimbursement of Operating Expenses by Tenant
  • Additional Income provided by Cell Tower lease
  • Preferred location in the I-95 Corridor with quick access to Quantico Marine Corps Base and BRAC Installations.
  • Property features office space, air conditioned production space and warehouse.
  • Property serves as a Sensitive Compartmented Information Facility (SCIF).  Facility is equipped to handle classified information.
  • Number of buildings in market 64
  • Inventory 2,571,000 SF
  • No New Construction
  • Government contractors account for over 50% of office inventory


You may visit our website
to view the entire NNN Leased Investment Properties 




Tuesday, November 8, 2011

KFC/Taco Bell (NNN) Net Leased Investment Properties for Sale

NNN Leased Investment Properties


KFC/Taco Bell Triple Net (NNN) Leased Investment Offerings


Asking Price $1,200,000  CAP Rate 6.25%
NOI
$75,000

Rent/Month
$6,250

Lease Type
NNN Ground Lease

Lease Term
20 Years

Lease Expiration
2028
Rent Escalations
10% Every 5 Years

Options
Two 5-Year Options

Land Area
2.15 acres

Built
2008

Guarantee
Franchisee, Kazi Foods

HIGHLIGHTS
  • NNN Ground Lease with 17 years remaining, plus options
  • 10% Rent bumps every 5 years
  • Ideal location across from Wal-Mart & Lowes anchored center
  • Guarantor is national Yum! Brands franchisee with 265+ units, including 247 KFC restaurants
  • Kazi Foods is listed by GE Capital as #59 on their top 150 largest franchisee operators
LOCATION OVERVIEW





You may visit our website
to view the entire NNN Leased Investment Properties 





For More information Contact:

Triple Net (NNN) Leased PNC Bank For Sale

NNN Lease Investment properties




NNN Net Leased PNC Bank 


Asking Price $6,285,714 | CAP Rate 7%
LEASE SUMMARY
NOI
$440,000

Rentable SF
3,679 +/-

Land Area
1.1 Acres

Ownership Type
Fee Simple

Credit Rating
S&P: A+

Parking Spaces
25 Spaces
Lease Type
NNN

Lease Term
15 years

Lease Commencement
May 2007

Lease Expiration
April 2022

Increases
10% @ 10 years

Options
Three (3), Five (5) Year

INVESTMENT HIGHLIGHTS
  • Debt must be assumed (5.71%, 30 Year Amort, Due in 2016)
  • High Traffic Count Irreplaceable Location (38,000 VPD)
  • S&P A+ Rated Tenant (Ticker: PNC)
  • NNN Absolute Net Ground Lease
  • No Landlord Responsibilities
  • Philadelphia MSA
  • 10.5 Years remaining on Lease
  • 10% Increase in 5 Years
DEBT
  • Assumable financing at 5.71%, 30 Year Amortization due 12/16 comes with the property. Balance as of August 2011 is $4,476,837 and the balance at maturity is $3,985,000. Debt must be assumed.
EQUITY REQUIRED
  • $1,808,877
INVESTMENT HIGHLIGHTS
  • Debt must be assumed (5.71%, 30 Year Amort, Due in 2016)
  • High Traffic Count Irreplaceable Location (38,000 VPD)
  • S&P A+ Rated Tenant (Ticker: PNC)
  • NNN Absolute Net Ground Lease
  • No Landlord Responsibilities
  • Philadelphia MSA
  • 10.5 Years remaining on Lease
  • 10% Increase in 5 Years
DEBT
  • Assumable financing at 5.71%, 30 Year Amortization due 12/16 comes with the property. Balance as of August 2011 is $4,476,837 and the balance at maturity is $3,985,000. Debt must be assumed.







You may visit our website
to view the entire NNN Leased Investment Properties 





For More information Contact:
Richard Murphy
Managing Director781.694.0410
rmurphy@calkain.com

Monday, October 31, 2011

NN Verizon Wireless Investment Property in Jacksonville, FL

NNN Lease Investment 


Asking Price $2,425,807 | CAP Rate 7.75%

AIRPORT CENTER DRIVE | JACKSONVILLE, FL 32218

LEASE SUMMARY

NOI
$188,000
Square Footage
4,000 sf
Land Area1.25 acres
Tenant
Verizon Wireless
Websitewww.verizon.com
Credit RatingS&P: A-
GuarantorCorporate
Lease Type
NN
Lease Term
10 years
Rent CommecementEst. Jan 15, 2012
OptionsTwo (2), five (5) year
Increases
Every 5 years

HIGHLIGHTS

  • Pad site to 850,000+sf Retail Power Center
  • New Construction between McDonald's and Chic-Fil-A
  • Investment Grade Tenant – S&P A-
  • Rent increases every 5 years

LOCATION OVERVIEW

Featured Property

 
You may visit our website
to view the entire NNN Leased Investment Properties 





For More information Contact:

NNN McDonald's Investment Property in FL

NNN Leased Investment 


Asking Price $1,649,000 | CAP Rate 4.8%


2199 W Highway 98 | Mary Esther FL 32569 [View Map]


LEASE SUMMARY - ABSOLUTE NNN
CAP Rate 08/12
4.8%
Landlord Responsibilities
None
Lease Term
20 years
Lease Type
Ground Lease
Lease Expiration
08/21/2027
Net Operating Income
$72,000
Net Operating Income08/12
$79,200
Tenant Name
McDonalds
Website
www.mcdonalds.com
Guarantor
McDonalds
Store Open
Aug 2007
Increases
10% every 5 years
Options
Four (4), five (5) year
Rentable SF
3,826 sf
Land Area
0.84 acres

HIGHLIGHTS
  • RARE Florida McDonald's guaranteed ground lease with 16 years left on Hwy 98 in Fort Walton Beach area.
  • Bustling McDonalds located on hard corner of Highway 98 and Parish Boulevard.
  • New interior concept with the dark wood and modern seating.
  • This site also enjoys the new split double drive through lanes with 2 separate menu ordering staging areas that maximize drive thru sales.
  • Excellent traffic counts of over 47,000 daily making this hard corner one of the 5 top traffic counts in Okaloosa County.
  • Located near the Eglin Air Force base, the nation's largest AFB.
  • New architecture building completed in 2007, there are 16 years left on the initial term with additional 20 years in options.
  • 10% increases every 5 years with 1st increase in less than a year.
  • This is an absolute triple net ground lease.
  • The tenant constructed and paid for the building. Upon lease expiration, ownership of the building reverts to the owner of the land.
LOCATION OVERVIEW
For More information Contact:


You may visit our website
to view the entire NNN Leased Investment Properties