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Cushman & Wakefield

Net Lease Group (Northern CA)

About Company

Andrew Bogardus is an Executive Director in the Net Lease Group on the Capital Markets platform of Cushman & Wakefield in San Francisco. He specializes in net leased investment sales of investment-quality commercial, office and industrial properties. His emphasis is on single tenant properties net-leased to national corporations on long-term leases and sale and leaseback transactions in California and throughout the nation. He has been concentrating on net leased property transactions since 1994 and has sold well over 250 properties. Andrew started his career concentrating on leasing of office space with Grubb & Ellis and switched specialties in 1994 to join Damon Raike & Company to concentrate on net leased investment sales. Damon Raike was purchased by BT Commercial that merged with Cassidy Turley and has now become Cushman Wakefield. Andrew is a licensed California real estate broker. Andrew graduated from Cate High School in Santa Barbara area and has a Business Administration degree from the University of Colorado in Boulder, Colorado.

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8438 Elk Grove Florin Road, Elk Grove, CA , 95624
  • Size SF90,505
  • Built/Renov2023
  • Price/SF$139
  • Lease Start03-30-2023
  • Rent/SF$8.69
  • Lease Type NN+
  • Lot/AC2.08
  • Pop 5MI300,855

12,580,000

  • Cap Rate 6.25%
  • NOI $786,250
  • R. Term/Yrs 13.10
  • Guarantor Corp Rated
  • # Units 20
  • New construction

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Long 10+ yr lease

  • Favorable NN+ lease

  • Corporate Guarantee

  • Credit rated company

  • ...
  • Tenant City Sports Club
  • Guarantor Corp Rated
  • #Units 20
  • Moody's/S&P B2/ B
  • Stock Private
1213 East Wishkah Street, Aberdeen, WA , 98520
  • Size SF38,196
  • Built/Renov1994
  • Price/SF$164
  • Lease Start06-01-2023
  • Rent/SF$9.01
  • Lease Type Double NN
  • Lot/AC1.27
  • Pop 5MI30,220

6,255,000

  • Cap Rate 5.50%
  • NOI $344,000
  • R. Term/Yrs 12.2
  • Guarantor Corp R + T
  • # Units 2,414
  • Build to suit

  • Near major nationals

  • WalMart out-parcel

  • Income tax free state

  • Recently extended lease

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Tractor Supply Company
  • Guarantor Corp T and Rated
  • #Units 2,414
  • Moody's/S&P Baa1/ BBB
  • Stock NASDAQ: TSCO
48043 90th Street West, Lancaster, CA , 93536
  • Size SF10,640
  • Built/Renov2023
  • Price/SF$248
  • Lease Start04-01-2024
  • Rent/SF$15.48
  • Lease Type Abs NNN
  • Lot/AC2.38
  • Pop 5MI2,145

2,636,000

  • Cap Rate 6.25%
  • NOI $164,736
  • R. Term/Yrs 14.10
  • Guarantor Corp R + T
  • # Units 19,986
  • New construction

  • Near major nationals

  • Strategically located

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Brand new lease

  • Long 10+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,986
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
30 Smith Ranch Road, San Rafael, CA , 94903
  • Size SF8,589
  • Built/Renov1982/2018
  • Price/SF$664
  • Lease Start12-01-2019
  • Rent/SF$33.11
  • Lease Type Abs NNN
  • Lot/AC1.45
  • Pop 5MI131,428

5,700,000

  • Cap Rate 4.99%
  • NOI $284,376
  • R. Term/Yrs 5.6
  • Guarantor Corp R + T
  • # Units 3,845
  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Bank of America
  • Guarantor Corp T and Rated
  • #Units 3,845
  • Moody's/S&P A1/ A-
  • Stock NYSE: BAC

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