Showing posts with label Sale. Show all posts
Showing posts with label Sale. Show all posts

Tuesday, March 20, 2012

NNN leased Investment Sale of McDonald's in MD


NNN Leased Investment

4.75% Cap Rate Triple NNN Net Lease Investment Sold  in Maple Lawn, MD

 Maple Lawn, MD 
The purchaser was a private investor seeking a passive, incoming-producing asset leased to a strong national credit tenant. The property is located within the Harris Teeter anchored retail square of the award winning Maple Lawn development, a beautiful mixed-use community in Fulton, Maryland.

Calkain’s Rick Fernandez brokered the transaction for the seller. “Favorable lease terms from an investment grade tenant at the vanguard of its retail sector and NNN investments anchored to a growing retail market provided an irresistible combination of factors that drew investors from all over the globe,” Fernandez said. “The seller was able to evaluate multiple offers and chose the strongest buyer able to close at this record setting cap rate,” Fernandez continued. The buyer closed the all-cash transaction earlier this year.

Calkain is a full service real estate brokerage firm with a national scope focusing on single and multi- tenant retail, industrial, hotel and office net-leased transactions. Calkain has offices in Reston, VA (Washington, DC), Tampa, FL, Ft. Lauderdale, FL, Wilmington, DE and Boston, MA. Additional information about the firm and its listings may be found at www.calkain.com.

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