Showing posts with label FL. Show all posts
Showing posts with label FL. Show all posts

Thursday, May 3, 2012

Net Leased Starbucks For Sale


NNN Leased Investment 


(NN)  Net Leased Starbucks Florida


                                    

                                    Price $2,000,000 | CAP Rate 6.93%
Starbucks Plant City,FL



LEASE SUMMARY

Net Operating Income                 $138,601
Credit Rating                               S&P: BBB+
Property Type Freestanding with drive-thru
Lease Type                                 NN 
Landlord Responsibilities              Roof & Structure
Lease Expiration                           Feb 28, 2018
Increases                                      10% each option
Options                                        Three (3), Five (5) year



HIGHLIGHTS

Interstate Location – OPEN 24 HOURS!! (Starbucks pays for interstate billboard advertising for this location)
Adjacent to Publix anchored shopping center, with cross access
120 ft. tall pylon sign – tallest Starbucks sign in the U.S.
Plant City is a suburb along the eastern edge of Tampa, directly on Interstate 4


LOCATION OVERVIEW

Michael Zimmerman
Vice President
(954) 790-6611

For More information Contact:

Patrick Nutt
Managing Director
(954) 302-7365

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
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
to view the entire NNN Leased Investment Properties 




Thursday, January 26, 2012

NNN Leased Popeye’s Chicken and Biscuits For Sale

NNN Leased  Investment  Popeye’s Chicken and Biscuits


Popeyes, Pompano FL


Asking Price $2,322,581 | CAP Rate 7.75%



LEASE SUMMARY


NOI                             $180,000
Square Footage            2,412 sf
Rent per SF                  $74.63
Land Area                    0.75 acres


Tenant Popeye's Chicken & Biscuits


Website            www.popeyes.com
Ownership Type           Fee Simple
 Lease Type                          NNN
Landlord Responsibilities        None
Store Opened                         2007
Lease Term                       15 years

Lease Commencement            


Lease Expiration          15yrs from Close
Options                       Three (3), five (5) year
Increases                     10% every 5 years

INVESTMENT HIGHLIGHTS

Strategically located between I-95 and the Florida Turnpike – just .75 miles to Turnpike
 Great real estate – hard corner of a lighted intersection
 New Construction – benefit from the accelerated depreciation available (15 year schedule on all improvements)
 Absolute NNN lease – Investor friendly in strong Southeast Florida market
 Tenant owns all FF&E instead of leasing it, therefore all occupancy expense ratios are in line with industry standards.



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

Scott Black
Associate
(813) 282-6000
For More information Contact:
 Patrick Nutt
Associate Vice President
(813) 282-6000

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