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CBRE: NLPG Newport

Net Lease Property Group

About Company

The Net Lease Property Group is an internal specialty group promoted by CBRE to handle the disposition and acquisition of net-lease properties for institutional and private capital clients throughout the United States. NLPG Newport is a five-person multi-skilled real estate team, whose value is derived from the first-class execution of advisory services, 1031 buyer representation, and utilization of CBRE’s world class platform. The team has successfully transacted over $1.9 Billion in volume in its tenure at CBRE. Being based on the West Coast uniquely positions NLPG Newport to access international capital and California investors looking for quality assets and yield throughout the country. In doing so, NLPG Newport has developed a superior process that maximizes the value of clients’ assets and sets the team far apart from its competitors, providing its clients with the white-glove service they deserve.

3501 Jamboree Road, Suite 100 Newport Beach, CA 92660

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50 N Creasy Ln, Lafayette, IN , 47905
  • Size SF5,250
  • Built/Renov2020
  • Price/SF$797
  • Lease Start01-16-2020
  • Rent/SF$31.90
  • Lease Type Abs NNN
  • Lot/AC1.23
  • Pop 5MI128,414

4,186,000

  • Cap Rate 4.00%
  • NOI $167,475
  • R. Term/Yrs 14.4
  • Guarantor Corporate
  • # Units 3,059
  • New construction

  • Hard corner intersection

  • Major thoroughfare

  • Near major nationals

  • Business growth area

  • New development zone

  • Long 20+ yr lease

  • Strong sales history

  • Over 2000 units backed

  • Corporate Guarantee

  • ...
  • Tenant Chick-fil-A
  • Guarantor Corporate
  • #Units 3,059
13119 Hawthorne Blvd, Hawthorne, CA , 90250
  • Size SF23,600
  • Built/Renov1948
  • Price/SF$370
  • Lease Start01-10-2021
  • Rent/SF$24.98
  • Lease Type Abs NNN
  • Lot/AC1.20
  • Pop 5MI680,884

8,734,000

  • Cap Rate 6.75%
  • NOI $589,528
  • R. Term/Yrs 5.3
  • Guarantor Corp Traded
  • # Units 2,575
  • Re-purpose building

  • Recent building upgrades

  • Major thoroughfare

  • Central metro location

  • Affluent AHHI $100K 5 Mi

  • Major MSA

  • Brand new lease

  • Long 10+ yr lease

  • Over 2000 units backed

  • Corporate Guarantee

  • ...
  • Tenant Planet Fitness
  • Guarantor Corp Traded
  • #Units 2,575
  • Stock NYSE: PLNT
3200 SW Topeka Blvd, Topeka, KS , 66611
  • Size SF950
  • Built/Renov2025
  • Price/SF$2,349
  • Lease Start05-19-2025
  • Rent/SF$131.58
  • Lease Type Abs NNN
  • Lot/AC0.41
  • Pop 5MI127,092

2,232,000

  • Cap Rate 5.60%
  • NOI $125,000
  • R. Term/Yrs 14.8
  • Guarantor Corp Traded
  • # Units 700
  • New construction

  • Build to suit

  • Major thoroughfare

  • Dense retail corridor

  • Dense 100M+ pop 5 mi

  • Strong demographics

  • Brand new lease

  • Long 15+ yr lease

  • Over 2000 units backed

  • Corporate Guarantee

  • ...
  • Tenant Dutch Bros. Coffee
  • Guarantor Corp Traded
  • #Units 700
  • Stock NYSE: BROS
6811 West 135th Street, Overland Park, KS , 66223
  • Size SF40,471
  • Built/Renov2017
  • Price/SF$302
  • Lease Start03-06-2017
  • Rent/SF$24.12
  • Lease Type NN+
  • Lot/AC1.00
  • Pop 5MI196,086

12,202,000

  • Cap Rate 8.00%
  • NOI $976,104
  • R. Term/Yrs 7.4
  • Guarantor Corp R + T
  • # Units 200
  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Highway close

  • Strong demographics

  • Major MSA

  • Long 10+ yr lease

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Dave & Buster's
  • Guarantor Corp T and Rated
  • #Units 200
  • Moody's/S&P B1/ B
  • Stock NASDAQ: PLAY
160 East Antelope Avenue, Woodlake, CA , 93286
  • Size SF14,673
  • Built/Renov2015
  • Price/SF$236
  • Lease Start04-22-2016
  • Rent/SF$18.91
  • Lease Type Abs NNN
  • Lot/AC0.95
  • Pop 5MI10,670

3,468,000

  • Cap Rate 8.00%
  • NOI $277,515
  • R. Term/Yrs 10.5
  • Guarantor Corp Traded
  • # Units 1,690
  • Signalized intersection

  • Hard corner intersection

  • Highway close

  • Top 100 MSA

  • Population increase trend

  • Absolute NNN

  • Long 10+ yr lease

  • Limited competition

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Rite Aid
  • Guarantor Corp Traded
  • #Units 1,690
  • Stock OTC: RADCQ
375 Philadelphia Street, Indiana, PA , 15701
  • Size SF11,118
  • Built/Renov1998
  • Price/SF$182
  • Lease Start11-09-2021
  • Rent/SF$14.53
  • Lease Type Abs NNN
  • Lot/AC1.39
  • Pop 5MI31,991

2,018,750

  • Cap Rate 8.00%
  • NOI $161,500
  • R. Term/Yrs 11.2
  • Guarantor Corp Traded
  • # Units 1,690
  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • University college close

  • Top 100 MSA

  • Absolute NNN

  • Long 10+ yr lease

  • Corporate Guarantee

  • Publicly traded company

  • ...
  • Tenant Rite Aid
  • Guarantor Corp Traded
  • #Units 1,690
  • Stock OTC: RADCQ
231 West Street, Gettysburg, PA , 17325
  • Size SF14,584
  • Built/Renov2006
  • Price/SF$298
  • Lease Start07-31-2006
  • Rent/SF$23.87
  • Lease Type Abs NNN
  • Lot/AC2.39
  • Pop 5MI22,206

4,352,000

  • Cap Rate 8.00%
  • NOI $348,125
  • R. Term/Yrs 5.11
  • Guarantor Corp Traded
  • # Units 1,690
  • Signalized intersection

  • Hard corner intersection

  • Near major nationals

  • Hospital close

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Long operation history

  • Absolute NNN

  • Corporate Guarantee

  • Publicly traded company

  • ...
  • Tenant Rite Aid
  • Guarantor Corp Traded
  • #Units 1,690
  • Stock OTC: RADCQ
407 West Main Street, Jamestown, NC , 27282
  • Size SF9,762
  • Built/Renov2004
  • Price/SF$393
  • Lease Start09-01-2005
  • Rent/SF$25.53
  • Lease Type Abs NNN
  • Lot/AC1.12
  • Pop 5MI122,469

3,834,000

  • Cap Rate 6.50%
  • NOI $249,237
  • R. Term/Yrs 7.5
  • Guarantor Corp R + T
  • # Units 13,532
  • Hard corner intersection

  • In location for years

  • Near major nationals

  • Strategically located

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA

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