NNN Leased Rite Aid For Sale

NNN Leased  Investments

                                    Credit Enhanced Rite Aid (Ground Lease) | Philadelphia MSA

Asking Price $5,130,434 | CAP Rate 5.75%

                                        950 E. Baltimore Ave | Upper Darby, PA 19050 [map]

Lease Summary

Net Operating income (NOI) $295,000

Rent/Month $24,583

Rentable SF 14,500+/-

Land Area 1.56+/- acres

Tenant Realty Income Pennsylvania Properties Trust

Credit Rating S&P: BBB

Sub-Tenant Rite Aid, a subsidiary of

Rite Aid Corporation

Websites realtyincome.com

riteaid.com

Ownership Type Unsubordinated

Ground Lease

Lease Type NNN

Landlord Responsibilities None

Store Open 2007

Lease Term 20 years

Lease Commencement March, 2007

Lease Expiration March, 2027

Increases $10,000 at each option

Options Eight (8), Five (5) year

Highlights

This is a very rare opportunity to obtain a Rite Aid ground leased property. The tenant is Realty Income Pennsylvania Properties Trust (wholly owned by Realty Income Corporation (NYSE:O, S&P BBB)) and the subtenant is Rite Aid. This structure enables an investor to purchase a highly desirable location, with a very substantial credit enhancement.

•Significantly credit enhanced ground lease investment

•Hard corner signalized intersection

•Store opened in 2007

•32,000 ADT

•Relocation of successful inline store

•15 years left on lease

•14,500+/- SF store

Location Overview

 Contact a Broker

STAN WYRWICZ

Senior Managing Director

(617) 394-8567

mailto:swyrwicz@calkain.com

You may visit our website

www.calkain.com

to view the entire inventory of  available properties.

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CALKAIN REALTY ADVISORS a division of Calkain Companies

WASHINGTON DC | FLORIDA | MARYLAND | BOSTON 

Dollar General Jonestown, PA For Sale

NNN Leased Investment 

NNN Leased Dollar General in PA For Sale

                                               
                                               507 Jonestown Road | Jonestown, PA [map] 

                                                     Dollar General | Jonestown, PA

                              Asking Price $1,320,500 | CAP Rate 7.25%

                

Lease Summary

NOI     $95,739

Rent/Month     $7,978

Rent/SF           $10.60

Rentable SF    9,026

Land Area       1.46 acres

Tenant Dollar General

Website                                dollargeneral.com

Moody's Credit Rating          Ba1, Positive

S&P Credit Rating                BBB-, Positive

Ownership Type                   Fee Simple

Lease Type                          NNN ( BTS)

Year Built                             2012

Lease Term                          15 years Primary

Lease Commencement          Summer 2012 (under construction

Lease Expiration                   Summer 2027

Increases                              3% in Year 11 and 10%

w/ each option extension

Options                                Three (3), five (5) year

Highlights

Investment Grade Tenant

April 2012, S&P raised Dollar General's credit ratings to BBB-

April 2012, Moody's raised Dollar General's credit ratings to Ba1 with a positive outlook

Strategic location in Lebanon County, PA with supporting demographics and target market characteristics

Adjacent to major manufacturing plant for Supreme Mid-Atlantic Corporation, America's leading manufacturer of full-line customizable truck bodies

                                                        

Location Overview

About Dollar General

Goodlettsville, Tenn.-based Dollar General Corporation is the nation's largest small-box discount retailer. We make shopping for everyday needs simpler and hassle-free by offering a carefully edited assortment of the most popular brands at low everyday prices in small, convenient locations. Dollar General ranks among the largest retailers of top-quality brands made by America's most-trusted manufacturers, such as Procter & Gamble, Kimberly Clark, Unilever, Kellogg's, General Mills and Nabisco.

Contact a Broker

ANDREW FALLON

Assistant Vice President

(703) 787-4714

afallon@calkain.com

You may visit our website

www.calkain.com

to view the entire inventory of  available properties.

CALKAIN REALTY ADVISORS  a division of Calkain Companies

WASHINGTON DC | FLORIDA | MARYLAND | BOSTON

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.

NNN Leased Kiddie Academy Day Care For Sale

NNN Leased Investment 

NNN Leased Kiddie Academy Day Care Centreville, VA

                                               

                                                Asking Price $2,660,000 CAP Rate 8.00%          

                                            14275 Braddock Road Centreville, VA 20120

LEASE SUMMARY

Net Operating Income   $212,430

Rent per Month             $17,702.50

Rent per Sq. Ft.            $32.55

Rentable Sq. Ft.            6,527 sf

Land Area                    52,019 sf

Tenant Name   Kiddie Academy

Website           www.kiddieacademy.com

Guarantor                      Franchisee

Ownership Type            Fee Simple

Lease Type                    NNN  

Landlord Responsibilities       Structure and structural portions of roof

Opened                          August 2011

Renovated                      Summer 2011

Lease Term                    15 years

Lease Comm.                 Aug 1, 2011

Lease Exp.                     Jul 31, 2026

Increases                       2.75% beginning year 3

Options                         Three (3), five (5) year HIGHLIGHTS

Brand new lease in renovated building

Near Dulles Airport and Rt. 50/Rt. 28 and I-66

Kiddie Academy is a leader with 110 facilities in 20 states and 60 more sites in development.

                                                                                                                                                                          LOCATION OVERVIEW

For More information Contact:

Betty Learned Friant

Vice President

(703) 787-4714

bfriant@calkain.com

AMERICA'S NET LEASE COMPANY™

You may visit our website

www.calkain.com

to view the entire inventory of available 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.

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

NNN Leased Popeye’s Chicken and Biscuits For Sale

NNN Leased  Investment  Popeye’s Chicken and Biscuits

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

3051 W.Atlantic Boulevard  Pompano Beach, FL

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

www.calkain.com

to view the entire NNN Leased Investment Properties 

Scott Black

Associate

(813) 282-6000

sblack@calkain.com

For More information Contact:

 Patrick Nutt

Associate Vice President

(813) 282-6000

patrick.nutt@calkain.com