NNN Leased Investment: January 2012

Tuesday, January 31, 2012

NNN leased Investment Property For Sale

NNN Leased Investment

Inova NNN Leased Condo Ashburn, VA

Asking Price $1,625,000 CAP Rate 7.00%

Inova 44095 Pipeline Plaza Ashburn, VA

NOI $113,687

Unit Size 5,256 SF

Business Type Medical Practice

Lease Type NNN Condo

Rent Commencement Oct 2010

Lease Term 10 years

Options One (1), five (5) year term

Rent Escalation 3% Annually

HIGHLIGHTS

Investment grade (AA+) guaranty of a new 10-year NNN lease

Class A professionally managed office condo building built in 2008 with 90% of space sold or leased

Inova space includes ownership of prominent building signage rights

3.00% annual rent escalations

Strategic office location with visibility along commuter Route 640 (39,000 ADT) and easy access to Dulles Toll Road 267, Route 7, Route 28, and Loudoun County Parkway

Ashburn is desirable Washington, DC sub-market with strong fundamentals and an extremely low unemployment rate.

You may visit our website

www.calkain.com

to view the entire NNN Leased Investment Properties

For More information Contact:

JERRY BURG

Managing Director

(703) 787-4714

jburg@calkain.com

ANDREW FALLON

Associate

(703) 787-4714

afallon@calkain.com

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.

Monday, January 30, 2012

NNN Ground Lease Mcdonalds For Sale

NNN Leased Investment

NNN Ground Leased Mcdonalds

Asking Price $1,579,000 CAP Rate 5.02%

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

LEASE SUMMARY - ABSOLUTE NNN

CAP Rate 08/12	5.02%
Landlord Responsibilities	None
Lease Term	20 years
Lease Type	Ground Lease
Lease Expiration	08/21/2027
Net Operating Income	$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.

You may visit our website

www.calkain.com

to view the entire NNN Leased Investment Properties

For More information Contact:

Teal Henderson
Associate
(813) 282-6000
thenderson@calkain.co

Friday, January 27, 2012

NNN Leased Investment

NNN Leased Citibank (sub-tenant Genghis Grill)

910 Providence Rd Brandon, FL 33551

Asking Price $3,548,831 CAP Rate 7.00%

NOI $248,418

Rentable Sq. Ft. 4,576 sf

Land Area 1.11 acres

Tenant Citibank (Genghis Grill subtenant)

Landlord Responsibilities None

Renovated 2011

Lease Type NNN

Lease Term 15 years

Lease Commencement June 1, 2007

Options Two (2), five (5) year

Increases 2% Annually

NNN Leased Synovus Bank

4003 W Neptune St Tampa, FL 33629

Asking Price $4,020,392 CAP Rate 7.50%

NOI $248,418

Rentable Sq. Ft. 4,576 sf

Land Area 1.11 acres

Tenant Citibank

(Genghis Grill subtenant)

Landlord Responsibilities None

Renovated 2011

Lease Type NNN

Lease Term 15 years

Lease Commencement June 1, 2007

Options Two (2), five (5) year

Increases 2% Annually

HIGHLIGHTS

Synovus Bank

This Synovus Bank property allows a passive investor the opportunity to purchase a premier South Tampa location with minimal equity through assuming the existing non-recourse debt.

An ideal bank location, the property sits along Henderson Ave, just blocks from Palma Cia Neighborhood, a premier business and residential area of South Tampa.

The unique lease features 2.5% rental increases every year throughout the primary term and all option periods.

In addition, the option periods are structured as 5 - 5 year terms. Citibank (Genghis Grill)

This recently renovated property lies adjacent to Walgreen’s, Arby’s and Westfield Brandon Shopping Mall in the heart of the major commercial corridor for this densely populated Tampa Suburb.

With over 2,000,000sf of retail space in the immediate area, this is a prototypical in-fill location at a high traffic lighted intersection, providing the tenant premier visibility and exposure.

Genghis Grill has negotiated with Citibank as a subtenant for the remainder of Citibank lease so you will have Citibank credit with a major franchisee for the term and eager to extend the lease after expiration.

At a 7% CAP the buyer would recapture 76.65% of the investment over the term of the remaining lease.

You may visit our website

www.calkain.com

to view the entire NNN Leased Investment Properties

For More information Contact:

Scott Black

Associate

(813) 282-6000

sblack@calkain.com

Patrick Nutt

Associate Vice President

(813) 282-6000