BS: NNN. Min 10+ year term remaining – 6-6.5% Cap | Single asset | Fee Simple | investment or non-investment grade Location: MSA of major city in MD, VA, NC, SC, GA, FL, TX, PA, NJ, Las Vegas. Deal Size: $1.5 to 2.5 million – up to 50% financing with 15 year mortgage. Acquisition Considerations: Populated metro or secondary market, underlying real estate and store level sales. Tenant Examples: 7-11, Arby’s, Popeye’s, KFC, Taco Bueno, etc.
SR: STNL Absolute NNN. Min 10+ year term remaining – 7.25% Cap | Single asset or Portfolio | Fee Simple | Location: Nationwide *Southeast *Southwest *Midwest, etc. not on coast lines, | Deal Size: $3,000 or greater | QSR, Casual Dining, Automotive, Convenience Stores, Gym, Medical, Movie Theaters, etc. | Acquisition Considerations: Populated metro or secondary market, underlying real estate and store level sales.
CP: Value-add properties | Single asset or portfolio | investment or non-investment grade. Location: Nationwide (recent transactions, WA, NY, IL, TN, CO, IN) No interest in AK, LA, Miss, OK,
Deal Size: Up to $7 million – all cash, no financing contingency.
Acquisition Considerations: Geo diversity, store level sales, underlying real estate
LAX: NNN – will consider NN | Single asset or portfolio | Investment grade. Location: Nationwide. *Northeast, Mid-Atlantic, NC, SC, FL, MSA major cities, TX, VA. Most locations considered. No OK or LA. | Deal Size: $open – Recent transactions up to $77,000,000 | | Cash Purchase. | Acquisition Considerations: Geo diversity, store level sales, underlying real estate. Remaining long term min 15 years + options. WAG 20+ years preferred.
MM: Single asset or portfolio | NN and NNN. Investment grade especially Rite Aid. | Location: Nationwide. Deal Size: $open. | All markets considered | Remaining terms minimum 9 years | Min. 7+ Cap. .
Buyer ID | 010 |
Location | Nationwide. Emphases: north and southeast, Midwest and Southwest. |
Industry | Retail, Healthcare, Medical, Office |
Property Type | Single Tenant |
Lease Type | NNN |
Lease Term | Minimum 10 years remaining |
Tenant Preference | QSR, Casual Dining, Convenience, Automotive, Gym, Medical, Movie Theaters, Pharmacy, etc. |
Tenant Credit | Investment and sub-investment grade. Companies with strong credit and balance sheets. |
Transaction Type: | Cash |
Price / Size | Min $3,000,000 (single asset OR portfolio) |
Buyer ID | 010 |
Location | Nationwide. Emphases: north and southeast, Midwest and Southwest. |
Industry | Retail, Healthcare, Medical, Office |
Property Type | Single Tenant |
Lease Type | NNN |
Lease Term | Minimum 10 years remaining |
Tenant Preference | QSR, Casual Dining, Convenience, Automotive, Gym, Medical, Movie Theaters, Pharmacy, etc. |
Tenant Credit | Investment and sub-investment grade. Companies with strong credit and balance sheets. |
Transaction Type: | Cash |
Price / Size | Min $3,000,000 (single asset OR portfolio) |
Buyer ID | 010 |
Location | Nationwide. Emphases: north and southeast, Midwest and Southwest. |
Industry | Retail, Healthcare, Medical, Office |
Property Type | Single Tenant |
Lease Type | NNN |
Lease Term | Minimum 10 years remaining |
Tenant Preference | QSR, Casual Dining, Convenience, Automotive, Gym, Medical, Movie Theaters, Pharmacy, etc. |
Tenant Credit | Investment and sub-investment grade. Companies with strong credit and balance sheets. |
Transaction Type: | Cash |
Price / Size | Min $3,000,000 (single asset OR portfolio) |