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301 Meadow Drive, North Tonawanda, NY , 14120
  • Size SF 58,000
  • Built/Renov2004/2023
  • Price/SF$237
  • Lease Start01-23-2004
  • Rent/SF$16.25
  • Lease Type NN+
  • Lot/AC4.39
  • Pop 5MI129,881

13,760,000

  • Cap Rate 6.85%
  • NOI $942,500
  • R. Term/Yrs 9.7
  • Guarantor Corporate
  • # Units 149
  • Recent renovation

  • In location for years

  • Near major nationals

  • Highway close

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Strong demographics

  • Favorable NN+ lease

  • Top performing store

  • Corporate Guarantee

  • ...
  • Tops Market invested nearly $3M into their store renovation in 2023
  • Tenant recently exercised a twelve (12) year lease extension bringing the lease expiration to July 2034
  • Minimal LL responsibilities | Tenant responsible for roof, including replacement
  • Tops fuel center on-site drives additional traffic to the property and is included in the sale
  • Tenant Tops Friendly Markets
  • Guarantor Corporate
  • #Units 149
  • Stock Private

Tops Markets is a leading supermarket retailer in New York and Pennsylvania markets. With over 14,000 employees, 140+ full-service supermarkets including 5 operated by franchisees under the Tops banner, and 59 fuel stations. Tops also operates two distribution facilities in Lancaster and West Seneca, NY. In 1991, the supermarket was acquired by Ahold, a major international food retail conglomerate based in the Netherlands. In 2006, Ahold announced that they would sell TOPS Markets to Morgan Stanley Private Equity. In November 2013, six members of TOPS’ executive team, led by now Chairman and CEO Frank Curci, purchased the company from Morgan Stanley Private Equity, returning TOPS back to complete local ownership. In November of 2021, Tops Markets and Price Chopper/Market 32 announced the closure of their merger. Under this agreement, Northeast Grocery Inc. would become the two stores’ parent company with the two brands keeping and maintaining their unique brand identities. Now at almost 300 stores, the merger vastly increased the two grocers’ collective footprint in the northeast. Tops Friendly Markets is headquartered in Williamsville, NY.

...
406 South Fremont Street, Shenandoah, IA , 51601
  • Size SF 632
  • Built/Renov2022
  • Price/SF$704
  • Lease Start02-28-2022
  • Rent/SF$49.37
  • Lease Type Abs NNN
  • Lot/AC0.30
  • Pop 5MI5,562

445,000

  • Cap Rate 7.00%
  • NOI $31,150
  • R. Term/Yrs 7.2
  • Guarantor Franchisee
  • # Units 40
  • New construction

  • Near major nationals

  • Shopping Ctr out-parcel

  • Strategically located

  • Highway location

  • Strong tenant synergy

  • Absolute NNN

  • 25+ unit franchisee backed

  • ...
  • Scooter’s Coffee has 7+ years remaining on the current ground lease term with 4 (5-year) options to extend
  • The lease features 10% rental increases throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by MCY, LLC | Operator is the second largest franchisee with over 40 locations
  • Tenant Scooter's Coffee
  • Guarantor Franchisee
  • #Units 40
  • Stock Private

Scooter’s Coffee is an American drive-thru specialty coffee kiosk chain. The private company is one of the fastest-growing drive-thru coffee franchises in the nation. Scooter’s prides itself on roasting only the finest coffee beans in the world. Founded in 1998 in Bellevue, Nebraska as “Scooter’s Java Express”, the chain rebranded and began franchising (2001) to meet the growing demand for its products. As of October 2023, the chain is approaching 750 stores in 30 states and plans to have more than 1,000 stores open by the end of 2024. Scooter’s Coffee is headquartered in Omaha, NE.

...
1712 Lincoln Highway, North Versailles, PA , 15137
  • Size SF 10,000
  • Built/Renov2023
  • Price/SF$185
  • Lease Start03-01-2023
  • Rent/SF$12.95
  • Lease Type NN+
  • Lot/AC1.10
  • Pop 5MI130,422

1,850,000

  • Cap Rate 7.00%
  • NOI $129,500
  • R. Term/Yrs 8.2
  • Guarantor Corp T + R
  • # Units 19,986
  • New construction

  • Near major nationals

  • Strategically located

  • Highway location

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Brand new 2023 construction
  • Dollar General has 8+ years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features 10% rental increases at the start of each option period
  • Favorable NN+ lease with landlord responsible for roof and structure
  • 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

Dollar General Corporation (NYSE: DG) is an American chain of variety stores. The stores deliver everyday low prices on items including food, snacks, health, and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products, and much more from America’s most-trusted brands and products, along with high-quality private brands. The company began in 1939 as a family-owned business called J.L. Turner and Son. In 1955, the name changed to Dollar General Corporation, and in 1968 the company went public. As of February 2024, the company operates 19,986 retail stores in 48 U.S. states and Mexico, in addition to 18 distribution centers for non-refrigerated products, ten cold storage distribution centers, and three combination distribution centers. In 2023, the company had a market cap of $29.84B and a revenue of $39.03B. The company is headquartered in Goodlettsville, TN.

...
1156 West Huron Street, Waterford Township, MI , 48328
  • Size SF 10,922
  • Built/Renov1995
  • Price/SF
    $140
    $174
  • Lease Start03-03-1997
  • Rent/SF$15.69
  • Lease Type Abs NNN
  • Lot/AC1.11
  • Pop 5MI161,660
1,525,000
1,900,000
  • Cap Rate
    11.24%
     
    9.02%
  • NOI $171,342
  • R. Term/Yrs 2.3
  • Guarantor Corp T + R
  • # Units 9,900
  • Hard corner intersection

  • In location for years

  • Near major nationals

  • Highway location

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Long operation history

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • CVS Pharmacy has a 25+ year operating history at this location
  • There are approximately 4 years remaining on the current lease with 4 (5-year) option to extend
  • Lease features no rental increases
  • Absolute NNN lease | No landlord resposibilities
  • CVS Pharmacy is an investment grade tenant (S&P: BBB)
  • Tenant CVS
  • Guarantor Corp T and Rated
  • #Units 9,900
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: CVS

CVS Health Corporation (previously CVS Corporation and CVS Caremark Corporation) is an integrated American healthcare company that owns CVS Pharmacy a retail pharmacy chain, CVS Caremark, a pharmacy benefits manager, and Aetna, a health insurance provider. CVS Pharmacy is currently the second largest retail pharmacy in the US, behind Walgreens. The company has more than 9,900 retail locations in 50 states, Washington DC, and Puerto Rico, with approximately 1,200 walk-in medical clinics and 1,700 pharmacies including locations within Target Corporation stores. CVS Pharmacy fills more than one of every five prescriptions in the U.S., and 85% of the U.S. population lives within 10 miles of a CVS Pharmacy. The company’s market cap is $127B and in 2021 revenue was $256B. The Consumer Value Stores (CVS) company was founded in 1963 and begun in Lowell, MA. It is now headquartered in Woonsocket, RI.

...
1 East H Avenue, Cache, OK , 73527
  • Size SF 4,000
  • Built/Renov2003
  • Price/SF
    $579
    $626
  • Lease Start06-01-2023
  • Rent/SF$39.13
  • Lease Type Abs NNN
  • Lot/AC0.75
  • Pop 5MI15,138
2,314,500
2,504,000
  • Cap Rate
    6.76%
     
    6.25%
  • NOI $156,500
  • R. Term/Yrs 13.5
  • Guarantor Corp Traded
  • # Units 19
  • In location for years

  • University college close

  • Top 100 MSA

  • Affluent suburb location

  • Long operation history

  • Long 15+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Chisholm Corner has been operating at this location since 2003
  • Chisholm Corner has committed to signing a brand-new 15-year upon sale with 4 (5-year) options to extend
  • Lease will feature 7.5% rental increases every 5 years throughout initial term
  • Absolute NNN lease zero landlord responsibilities ​
  • Asset qualifies for super bonus depreciation tax status
  • Corporate guarantee by 7E CO Holdings, LLC 
  • Tenant Chisholm Corner
  • Guarantor Corp Traded
  • #Units 19
  • Stock Private

Chisholm Corner is a convenience store chain in Southwest Oklahoma and North Texas. The first Chisholm Corner opened in 2000 with the basic principle of providing customers with clean and friendly convenience store facilities. Each location provides drivers with access to a welcoming facility from which to purchase fuel, snacks, deli options, and at most locations a drive-thru. Over the last 20 years, the company has grown into a 19-store chain. In 2022, a division of Monfort’s Companies, 7E CO Holdings, LLC, acquired Chisholm Corner for an undisclosed amount. All locations will be operated by 7E CO Holdings, LLC under the Chisholm Corner brand name. The company is headquartered in Duncan, OK.

Monfort Companies is a privately held investment management company who’s specialties include: Private Capital, Real Estate, Ranch & Agriculture, Sports & Entertainment, Energy, Aviation, Restaurants, and Gas & Convenience. 7E CO Holdings, LLC is the parent entity to Monfort Companies’ convenience store business. 7E Holdings, LLC has been investing in and operating gas stations and convenience stores since 2016. They purchased a 19-store Chisholm Corner chain in 2022. After the acquisition, the firm now owns 78 stores in Colorado, Oklahoma, Texas, Minnesota, and Wisconsin under brands including 7-Eleven, Speedway, Jack's and Monfort Express. They are headquartered in Denver, CO.

...
1540 W Plato Rd, Duncan, OK , 73533
  • Size SF 4,000
  • Built/Renov2021
  • Price/SF
    $1,138
    $1,120
  • Lease Start06-01-2023
  • Rent/SF$67.20
  • Lease Type Abs NNN
  • Lot/AC1.25
  • Pop 5MI17,822
4,550,000
4,480,000
  • Cap Rate
    5.91%
     
    6.00%
  • NOI $268,800
  • R. Term/Yrs 13.5
  • Guarantor Corporate
  • # Units 19
  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Highway location

  • Long 15+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Newly constructed in 2021
  • Chisholm Corner has committed to signing a brand-new 15-year lease upon sale with 4 (5-year) options to extend
  • Lease will feature 7.5% rental increases every 5 years throughout initial term
  • Absolute NNN lease zero landlord responsibilities 
  • Asset qualifies for super bonus depreciation tax status
  • Corporate guarantee by 7E CO Holdings, LLC 
  • Tenant Chisholm Corner
  • Guarantor Corporate
  • #Units 19
  • Stock Private

Chisholm Corner is a convenience store chain in Southwest Oklahoma and North Texas. The first Chisholm Corner opened in 2000 with the basic principle of providing customers with clean and friendly convenience store facilities. Each location provides drivers with access to a welcoming facility from which to purchase fuel, snacks, deli options, and at most locations a drive-thru. Over the last 20 years, the company has grown into a 19-store chain. In 2022, a division of Monfort’s Companies, 7E CO Holdings, LLC, acquired Chisholm Corner for an undisclosed amount. All locations will be operated by 7E CO Holdings, LLC under the Chisholm Corner brand name. The company is headquartered in Duncan, OK.

Monfort Companies is a privately held investment management company who’s specialties include: Private Capital, Real Estate, Ranch & Agriculture, Sports & Entertainment, Energy, Aviation, Restaurants, and Gas & Convenience. 7E CO Holdings, LLC is the parent entity to Monfort Companies’ convenience store business. 7E Holdings, LLC has been investing in and operating gas stations and convenience stores since 2016. They purchased a 19-store Chisholm Corner chain in 2022. After the acquisition, the firm now owns 78 stores in Colorado, Oklahoma, Texas, Minnesota, and Wisconsin under brands including 7-Eleven, Speedway, Jack's and Monfort Express. They are headquartered in Denver, CO.

...
1220 Airport Blvd, Pensacola, FL , 32504
  • Size SF 216,929
  • Built/Renov1998
  • Price/SF
    $30
    $30
  • Lease Start06-29-2018
  • Rent/SF$1.75
  • Lease Type NN+
  • Lot/AC4.98
  • Pop 5MI151,798
6,591,000
6,591,300
  • Cap Rate
    5.75%
     
    5.75%
  • NOI $379,000
  • R. Term/Yrs 13.6
  • Guarantor Corporate
  • # Units 721
  • Oversized lot

  • Major thoroughfare

  • Dense retail corridor

  • Big Box center

  • Strategically located

  • Freeway close

  • Dense 100M+ pop 5 mi

  • Income tax free state

  • Long 15+ yr lease

  • Favorable NN+ lease

  • ...
  • The tenant, Ashley Furniture has approximately 15-years remaining on their current lease with 2 (5-year) options to extend
  • Rental increases at the beginning of year 6 & year 11, and any option period by an amount equal to the base rent for the then expiring lease year multiplied by 300% of the Consumer Price Index (CPI) increase
  • Ashley Furniture is currently subleasing the building from CWI Inc. (Camping World/Gander)
  • Ashley Furniture covered all costs for sublease and TI for subtenant buildout
  • Favorable NN+ lease
  • Tenant Ashley Furniture
  • Guarantor Corporate
  • #Units 721
  • Stock Private

Ashley Furniture is an American furniture store chain founded in 1997. It now has over 2,000 locations worldwide that sell Ashley Furniture products. The chain has both corporate and independently licensed and operated furniture stores. The parent company Ashley Furniture Industries, run by a father and son team, is the world's largest home furniture manufacturer. The company manufactures and distributes home furnishings throughout the globe and has more than 18,000 employees. Ashley Furniture Industries sells home furnishings and accessories available through two distribution channels: independent furniture dealers and the more than 700 Ashley Furniture HomeStore retail furniture stores. These locations are independently owned and operated by licensees in the United States, Canada, Mexico, Central America, and Japan. Both Ashley HomeStore and parent company Ashley Furniture Industries are privately held. Ashley HomeStore is headquartered in Arcadia, WI.

...
1945 Indian Trail Lilburn Rd NW, Norcross, GA , 30071
  • Size SF 1,985
  • Built/Renov1985/2019
  • Price/SF
    $1,259
    $1,276
  • Lease Start07-01-2022
  • Rent/SF$57.43
  • Lease Type Abs NNN
  • Lot/AC0.75
  • Pop 5MI262,716
2,500,000
2,533,000
  • Cap Rate
    4.56%
     
    4.50%
  • NOI $114,000
  • R. Term/Yrs 12.6
  • Guarantor Corp Rated
  • # Units 775
  • Signalized intersection

  • Recent renovation

  • Hard corner intersection

  • Dense retail corridor

  • Top 100 MSA

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • The tenant, RTM Georgia, Inc. dba Arby’s, recently executed a brand-new 15-year lease renewal with 4 (5-year) options to extend
  • The lease features rare 1.25% annual rental increases throughout the initial term and option periods
  • Arby’s has been at this location since 2000 and has recently remodeled the property in 2019
  • Tenant Arby’s
  • Guarantor Corp Rated
  • #Units 775
  • Moody's/S&P B2/ B+
  • Stock Private

Arby’s is the second-largest sandwich restaurant brand in the world and was founded in 1964. It now has more than 3,500 restaurants in 9 countries and over 80,000 employees. Arby’s is well known for slow roasted, sliced roast beef sandwiches and famous Market Fresh sandwiches. Arby’s revenue was almost $3.9B in 2019. Roark Capital Group acquired 81.5% of Arby's Restaurant Group in July 2011. Roark Capital Group has over $33B in assets. After the Arby’s acquisition, Roark created Inspired Brands and acquired additional restaurant companies. Both Arby’s and Roark Capital Group are headquartered in Atlanta, GA.

Inspire Brands is a privately held company and the 2nd largest restaurant company in the world. Their brands include Arby’s, Sonic and Dunkin Donuts. They manage over 32,000 restaurants, 650,000 company and franchise members, and have over $30B in global system sales. Inspire Brands is headquartered in Sandy Springs, GA.

...
1589 East Sumner Street, Hartford, WI , 53027
  • Size SF 16,399
  • Built/Renov2013
  • Price/SF$149
  • Lease Start12-01-2013
  • Rent/SF$10.43
  • Lease Type Abs NNN
  • Pop 5MI28,754

2,443,000

  • Cap Rate 7.00%
  • NOI $171,042
  • R. Term/Yrs 5.8
  • Guarantor Corporate
  • # Units 2,400
  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Highway location

  • Strong tenant synergy

  • Top 100 MSA

  • Strong demographics

  • Corporate Guarantee

  • ...
  • Early lease extension option exercised in 2019, proving long-term commitment to the site
  • Four 5-year renewal options remaining | 5% rental increases at the start of each option
  • Long-term lease with limited landlord responsibilities
  • Free & clear of debt
  • Corporate guaranteed lease
  • Tenant ALDI
  • Guarantor Corporate
  • #Units 2,400
  • Stock Private

ALDI is a small-format supermarket chain focused on creating an efficient shopping experience, saving customers time and money without compromising quality. ALDI primarily offers a range of custom-branded grocery items, including produce, meat, and dairy, which are often similar to and produced by major brands. They also carry select branded products. Originally founded in 1913, the family-owned business was divided in 1961 into two groups: ALDI South and ALDI North. While these two business groups remain linked by family ties, they operate as legally and economically independent entities, with each serving different countries except for Germany.

ALDI South opened its first U.S. store in Iowa in 1976, while ALDI North acquired the American chain Trader Joe’s in 1979. The companies operate independently in the U.S., with ALDI North running Trader Joe’s and ALDI South operating under the ALDI brand. As of 2024, ALDI South operates over 7,500 locations across 11 countries, including more than 2,400 in the United States. ALDI South employs over 210,000 people worldwide. In 2023, ALDI USA continued its significant growth, adding over 100 stores and reaching a revenue of approximately $130 billion. Globally, ALDI South achieved an income of over $90 billion in 2023. ALDI South’s American headquarters is located in Batavia, IL.

 

...
1940 S SR 57, Oakland City, IN , 47660
  • Size SF 9,014
  • Built/Renov2009
  • Price/SF$104
  • Lease Start07-01-2009
  • Rent/SF$8.33
  • Lease Type Double NN
  • Lot/AC0.00
  • Pop 5MI5,044

938,400

  • Cap Rate 8.00%
  • NOI $75,072
  • R. Term/Yrs 5.6
  • Guarantor Corp T + R
  • # Units 19,986
  • Signalized intersection

  • Near major nationals

  • Freeway close

  • Highway location

  • University college close

  • Strong tenant synergy

  • Major MSA

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • 5+ years remaining on the current lease term with 4 (5-year) options to extend
  • The lease features a rental increase of 4.77% in the 1st option | 10% at each remaining option
  • NN lease | Minimal landlord responsibilities
  • Corporate guarantee (NYSE: DG)
  • Investment grade tenant (S&P: BBB)
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,986
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG

Dollar General Corporation (NYSE: DG) is an American chain of variety stores. The stores deliver everyday low prices on items including food, snacks, health, and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products, and much more from America’s most-trusted brands and products, along with high-quality private brands. The company began in 1939 as a family-owned business called J.L. Turner and Son. In 1955, the name changed to Dollar General Corporation, and in 1968 the company went public. As of February 2024, the company operates 19,986 retail stores in 48 U.S. states and Mexico, in addition to 18 distribution centers for non-refrigerated products, ten cold storage distribution centers, and three combination distribution centers. In 2023, the company had a market cap of $29.84B and a revenue of $39.03B. The company is headquartered in Goodlettsville, TN.

...
726 East Main Street, Staunton, IL , 62088
  • Size SF 9,014
  • Built/Renov2009
  • Price/SF$108
  • Lease Start04-01-2008
  • Rent/SF$8.39
  • Lease Type Double NN
  • Lot/AC1.07
  • Pop 5MI10,018

969,000

  • Cap Rate 7.80%
  • NOI $75,600
  • R. Term/Yrs 4.3
  • Guarantor Corp T + R
  • # Units 19,986
  • Recent renovation

  • Near major nationals

  • Strategically located

  • Freeway close

  • Top 100 MSA

  • Long operation history

  • Recently extended lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Dollar General has been operating in this location for 15+ years
  • Tenant just exercised five-year extension | 3 (5-year) options remaining with rental increases at each option
  • Two brand-new HVAC units (10-ton compressor) installed August 2024 | $32,000 invested by Seller
  • 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

Dollar General Corporation (NYSE: DG) is an American chain of variety stores. The stores deliver everyday low prices on items including food, snacks, health, and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products, and much more from America’s most-trusted brands and products, along with high-quality private brands. The company began in 1939 as a family-owned business called J.L. Turner and Son. In 1955, the name changed to Dollar General Corporation, and in 1968 the company went public. As of February 2024, the company operates 19,986 retail stores in 48 U.S. states and Mexico, in addition to 18 distribution centers for non-refrigerated products, ten cold storage distribution centers, and three combination distribution centers. In 2023, the company had a market cap of $29.84B and a revenue of $39.03B. The company is headquartered in Goodlettsville, TN.

...
300 Southview Drive, O'Fallon, IL , 62269
  • Size SF 2,294
  • Built/Renov2024
  • Price/SF$1,162
  • Lease Start09-30-2024
  • Rent/SF$69.75
  • Lease Type Double NN
  • Lot/AC1.30
  • Pop 5MI83,764

2,666,700

  • Cap Rate 6.00%
  • NOI $160,000
  • R. Term/Yrs 9.9
  • Guarantor Corp T + R
  • # Units 38,038
  • New construction

  • Freeway close

  • Highway location

  • Hospital close

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Brand new 2024 construction
  • New 10-year lease commenced in September with 4 (5-year) options to extend
  • The lease features 7.5% rental increases in year 6 (2029) and in each of the options
  • NN lease | Minimal landlord responsibilities
  • Corporate guarantee (NASDAQ: SBUX)
  • Investment grade tenant (S&P: BBB+)
  • Tenant Starbucks
  • Guarantor Corp T and Rated
  • #Units 38,038
  • Moody's/S&P Baa1/ BBB+
  • Stock NASDAQ: SBUX

Starbucks Corporation (NASDAQ: SBUX) is the leading roaster, retailer, and marketer of specialty coffee in the world. In addition to drinks and food, many stores carry Starbucks' official merchandise, such as mugs, tumblers, scoops, and coffee presses.  In addition to their flagship Starbucks Coffee brand, they sell goods and services under the following brands: Teavana, Ethos, Starbucks Reserve, and Princi. Founded in 1985, as of December 2023, the company has over 38,000 stores (17,800 US locations), in 86 markets, and 80 countries worldwide. Out of Starbucks' U.S.-based stores, over 10,600 are company-operated, while the remainder are licensed. Starbucks’ 2023 market cap was over $109.13B and its 2023 revenue was $36.68B. The company is ranked 120th on the Fortune 500 and 303rd on the Forbes Global 2000. Starbucks has an S&P rating of BBB+. The company was founded and is still headquartered in Seattle, WA. 

...
145 North Chestnut Street, Monrovia, IN , 46157
  • Size SF 9,100
  • Built/Renov2009
  • Price/SF$110
  • Lease Start05-01-2016
  • Rent/SF$9.07
  • Lease Type Double NN
  • Lot/AC0.96
  • Pop 5MI11,002

1,000,000

  • Cap Rate 8.25%
  • NOI $82,500
  • R. Term/Yrs 1.5
  • Guarantor Corp T + R
  • # Units 19,986
  • Strategically located

  • Freeway close

  • Highway close

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • New development zone

  • Top performing store

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • 1+ year remaining on the current lease term with 5 (5-year) options to extend
  • The lease features 10% rental increases at the beginning of each option
  • NN lease | Landlord responsible for roof & structure, parking lot replacement
  • Tenant responsible for HVAC, pylon sign, interior non-structural | Tenant pays fixed parking lot CAM fee of $3,696
  • 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

Dollar General Corporation (NYSE: DG) is an American chain of variety stores. The stores deliver everyday low prices on items including food, snacks, health, and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products, and much more from America’s most-trusted brands and products, along with high-quality private brands. The company began in 1939 as a family-owned business called J.L. Turner and Son. In 1955, the name changed to Dollar General Corporation, and in 1968 the company went public. As of February 2024, the company operates 19,986 retail stores in 48 U.S. states and Mexico, in addition to 18 distribution centers for non-refrigerated products, ten cold storage distribution centers, and three combination distribution centers. In 2023, the company had a market cap of $29.84B and a revenue of $39.03B. The company is headquartered in Goodlettsville, TN.

...
6908 Dixie Highway, Louisville, KY , 40258
  • Size SF 1,706
  • Built/Renov1981/2020
  • Price/SF$647
  • Lease Start10-01-2016
  • Rent/SF$40.11
  • Lease Type Abs NNN
  • Lot/AC0.56
  • Pop 5MI163,903

1,103,613

  • Cap Rate 6.20%
  • NOI $68,424
  • R. Term/Yrs 1.9
  • Guarantor Franchisee
  • # Units 14
  • Recent renovation

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Highway location

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Annual rent increases

  • Top performing store

  • Personal guarantee

  • ...
  • 1+ years remaining on the current ground lease term with 2 (5-year) options to extend
  • 2.5% annual rental increases throughout the primary term and 3% annual increases throughout the options
  • Absolute NNN lease | Zero landlord responsibilities
  • Multi-unit, multi-state franchisee operator
  • Tenant KFC
  • Guarantor Franchisee
  • #Units 14
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

The KFC Corporation (aka Kentucky Fried Chicken) is an American fast-food chain specializing in fried chicken. KFC's core product offering is pressure-fried on-the-bone chicken pieces seasoned with Colonel Harland Sanders' "Original Recipe" of 11 herbs and spices. Sanders was an entrepreneur who sold fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression (1939). By 1952, the first KFC franchise opened in Salt Lake City, UT. They are one of the few brands in America with a decades-long history of success and have been operating for more than 70 years. By the end of 2022, the brand operated over 29,900 stores in over 149 countries, with 99% being franchises. In 2023, their revenue was over $34.83B. The chain is a subsidiary of Yum! Brands.

Yum! Brands, Inc. (or Yum!) (NYSE: YUM), formerly Tricon Global Restaurants, Inc., is an American fast food corporation. Yum! operates KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Founded in 1977, when PepsiCo acquired Pizza Hut, the company currently operates over 58,700 company-owned and franchised restaurant locations across 157 countries and territories worldwide. The company closed out 2023 with system sales of $64.9B, across all divisions, with a current market cap of $39.0B. The company has an S&P rating of BB+ and a long-term credit rating of Ba2 from Moody’s. They are headquartered in Louisville, KY.

...
110 IN-135, Trafalgar, IN , 46181
  • Size SF 9,180
  • Built/Renov2008
  • Price/SF$68
  • Lease Start01-05-2024
  • Rent/SF$5.00
  • Lease Type Double NN
  • Lot/AC0.86
  • Pop 5MI7,348

624,500

  • Cap Rate 7.35%
  • NOI $45,900
  • R. Term/Yrs 4.1
  • Guarantor Corp T + R
  • # Units 16,700
  • Roof guarantee

  • Near major nationals

  • Highway location

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Population increase trend

  • Brand new lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • 4+ years remaining on NN lease with 4 (5-year) options to extend
  • $0.50 PSF rental increases every 5 years
  • Site features a metal roof | Landlord applied a metal coating in 2019 with a 10-year warranty
  • Corporate guaranteed lease (NASDAQ: DLTR)
  • Investment grade tenant (S&P: BBB)
  • Tenant Dollar Tree
  • Guarantor Corp T and Rated
  • #Units 16,700
  • Moody's/S&P Baa2/ BBB
  • Stock NASDAQ: DLTR

Dollar Tree (NASDAQ: DLTR) is a leading operator of retail discount stores. They offer a variety of discounted merchandise under the brand names of Dollar Tree, Family Dollar and Dollar Tree Canada. Originally founded in 1953 as a Ben Franklin variety store in Norfolk, VA, the founders later expanded into toys by 1970. Then in 1989, the founders sold their KK Toy division and re-focused on dollar stores, opening their first Dollar Tree-branded store in Sumter, SC. In 2014, Dollar Tree acquires Family Dollar for $8.5B, bringing life to the Family Dollar | Dollar Tree combo store concept. As of early 2024, they operate more than 16,750 stores across the 48 states and five Canadian provinces. Dollar Tree had a 2023 market cap of $30.94B. The company has an investment grade credit rating of BBB, and revenue for 2023 was $29.68B.  Dollar Tree is headquartered in Chesapeake, VA. 

...
720 Henderson Way, Pendleton, IN , 46064
  • Size SF 2,300
  • Built/Renov2024
  • Price/SF$1,063
  • Lease Start06-04-2024
  • Rent/SF$62.21
  • Lease Type NN+
  • Lot/AC0.72
  • Pop 5MI21,116

2,445,846

  • Cap Rate 5.85%
  • NOI $143,082
  • R. Term/Yrs 9.6
  • Guarantor Corp T + R
  • # Units 38,038
  • New construction

  • Shopping Ctr out-parcel

  • Freeway close

  • Highway location

  • Top 100 MSA

  • New development zone

  • Brand new lease

  • Favorable NN+ lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Brand new 2024 construction with a drive-thru
  • New 10-year lease with 6 (5-year) options to extend
  • 7.5% rental increase in year 6 | 6% increases at the beginning of each option period
  • Favorable NN+ lease with landlord responsibilities limited to roof & structure
  • Corporate guarantee | No early termination or kick out clause
  • Investment grade tenant (S&P: BBB+)
  • Tenant Starbucks
  • Guarantor Corp T and Rated
  • #Units 38,038
  • Moody's/S&P Baa1/ BBB+
  • Stock NASDAQ: SBUX

Starbucks Corporation (NASDAQ: SBUX) is the leading roaster, retailer, and marketer of specialty coffee in the world. In addition to drinks and food, many stores carry Starbucks' official merchandise, such as mugs, tumblers, scoops, and coffee presses.  In addition to their flagship Starbucks Coffee brand, they sell goods and services under the following brands: Teavana, Ethos, Starbucks Reserve, and Princi. Founded in 1985, as of December 2023, the company has over 38,000 stores (17,800 US locations), in 86 markets, and 80 countries worldwide. Out of Starbucks' U.S.-based stores, over 10,600 are company-operated, while the remainder are licensed. Starbucks’ 2023 market cap was over $109.13B and its 2023 revenue was $36.68B. The company is ranked 120th on the Fortune 500 and 303rd on the Forbes Global 2000. Starbucks has an S&P rating of BBB+. The company was founded and is still headquartered in Seattle, WA. 

...
2955 Burlington Place, Cincinnati, OH , 45225
  • Size SF 8,000
  • Built/Renov2004
  • Price/SF$111
  • Lease Start03-08-2004
  • Rent/SF$10.56
  • Lease Type NN+
  • Lot/AC0.54
  • Pop 5MI328,277

889,474

  • Cap Rate 9.50%
  • NOI $84,500
  • R. Term/Yrs 1.6
  • Guarantor Corp T + R
  • # Units 8,359
  • Signalized intersection

  • Hard corner intersection

  • Freeway close

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Long operation history

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • 1+ years remaining on its current lease term with 4 (5-year) options to extend
  • Lease offers a rental increase of 7.7% on 07/01/2026
  • Favorable NN+ lease | Long operation history (2004)
  • Corporate guaranteed lease (NASDAQ: DLTR)
  • Investment grade tenant (S&P: BBB)
  • Tenant Family Dollar
  • Guarantor Corp T and Rated
  • #Units 8,359
  • Moody's/S&P Baa2/ BBB
  • Stock NASDAQ: DLTR

Family Dollar is an American retail, variety discount store chain, with over 8,000 locations in all states except Alaska and Hawaii. The chain operates general merchandise retail discount stores providing consumers with a selection of competitively-priced merchandise in convenient neighborhood stores. Founded in 1959, in North Carolina, Family Dollar went public in 1970. In 2001, they joined the S&P 500 stock market index and in 2002, the Fortune 500 list of largest publicly held companies. In 2015, Family Dollar was acquired by Dollar Tree for $8.5B. As of early 2024, the chain operated more than 8,350 stores and employed over 77,000 people.


Dollar Tree (NASDAQ: DLTR) is a leading operator of retail discount stores. They offer a variety of discounted merchandise under the brand names of Dollar Tree, Family Dollar and Dollar Tree Canada. Originally founded in 1953 as a Ben Franklin variety store in Norfolk, VA, the founders later expanded into toys by 1970. Then in 1989, the founders sold their KK Toy division and re-focused on dollar stores, opening their first Dollar Tree-branded store in Sumter, SC. In 2014, Dollar Tree acquires Family Dollar, bringing life to the Family Dollar | Dollar Tree combo store concept. As of early 2024, they operate more than 16,750 stores across the 48 states and five Canadian provinces. Dollar Tree had a 2023 market cap of $30.94B. The company has an investment grade credit rating of BBB, and revenue for 2023 was $29.68B.  Dollar Tree is headquartered in Chesapeake, VA.

...
1224 Girard Avenue, Middletown, OH , 45044
  • Size SF 9,180
  • Built/Renov2004
  • Price/SF$107
  • Lease Start07-13-2004
  • Rent/SF$8.27
  • Lease Type NN+
  • Lot/AC1.11
  • Pop 5MI81,161

979,354

  • Cap Rate 7.75%
  • NOI $75,900
  • R. Term/Yrs 10.0
  • Guarantor Corp T + R
  • # Units 8,359
  • Signalized intersection

  • Highway close

  • Top 100 MSA

  • Long operation history

  • Recently extended lease

  • Favorable NN+ lease

  • Top performing store

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • 10 years remaining on its current lease term with 3 (5-year) options to extend
  • 5.4% rental increase in January 2025: 5% rental increase in January 2030: 10% rental increase at each option period
  • Favorable NN+ lease
  • Top performing location | This site reports extremely strong sales per the lease
  • Corporate guarantee | Investment grade tenant
  • Tenant Family Dollar
  • Guarantor Corp T and Rated
  • #Units 8,359
  • Moody's/S&P Baa2/ BBB
  • Stock NASDAQ: DLTR

Family Dollar is an American retail, variety discount store chain, with over 8,000 locations in all states except Alaska and Hawaii. The chain operates general merchandise retail discount stores providing consumers with a selection of competitively-priced merchandise in convenient neighborhood stores. Founded in 1959, in North Carolina, Family Dollar went public in 1970. In 2001, they joined the S&P 500 stock market index and in 2002, the Fortune 500 list of largest publicly held companies. In 2015, Family Dollar was acquired by Dollar Tree for $8.5B. As of early 2024, the chain operated more than 8,350 stores and employed over 77,000 people.


Dollar Tree (NASDAQ: DLTR) is a leading operator of retail discount stores. They offer a variety of discounted merchandise under the brand names of Dollar Tree, Family Dollar and Dollar Tree Canada. Originally founded in 1953 as a Ben Franklin variety store in Norfolk, VA, the founders later expanded into toys by 1970. Then in 1989, the founders sold their KK Toy division and re-focused on dollar stores, opening their first Dollar Tree-branded store in Sumter, SC. In 2014, Dollar Tree acquires Family Dollar, bringing life to the Family Dollar | Dollar Tree combo store concept. As of early 2024, they operate more than 16,750 stores across the 48 states and five Canadian provinces. Dollar Tree had a 2023 market cap of $30.94B. The company has an investment grade credit rating of BBB, and revenue for 2023 was $29.68B.  Dollar Tree is headquartered in Chesapeake, VA.

...
4900 West University Drive, Prosper, TX , 75078
  • Size SF 37,000
  • Built/Renov2022
  • Price/SF$347
  • Lease Start12-29-2022
  • Rent/SF$19.98
  • Lease Type Abs NNN
  • Lot/AC4.08
  • Pop 5MI176,188

12,855,000

  • Cap Rate 5.75%
  • NOI $739,260
  • R. Term/Yrs 13.0
  • Guarantor Corp Rated
  • # Units 800
  • New construction

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Highway location

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • New development zone

  • Income tax free state

  • Credit rated company

  • ...
  • New 2022 construction
  • 15-year lease with 3 (5-year) renewal options
  • $1.50 per SF rental increases every 5 years
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant LA Fitness
  • Guarantor Corp Rated
  • #Units 800
  • Moody's/S&P B2/ B
  • Stock Private

Fitness International, LLC (dba LA Fitness) is one of the fastest-growing health club chains in the U.S. Founded in 1984 in Los Angeles, CA, today they operate under the brand names LA Fitness, Esporta Fitness, and City Sports Club. The company’s mission is to help as many people as possible achieve the benefits of a healthy lifestyle by creating a nationwide network of health clubs, offering its members the widest range of amenities and the friendliest service at an affordable price. LA Fitness clubs feature a highly trained staff and diverse sports club amenities, typically including cardio & strength equipment, personal training, indoor cycling, group exercise classes, pool, spa, basketball courts & racquetball. At the beginning of 2023, LA Fitness operated more than 800 clubs across 27 U.S. states and Canada. They continue to expand by acquiring underperforming fitness clubs and developing, opening, and operating newly constructed properties. LA Fitness ranks as one of the top health club chains in the US based on earnings, with an estimated annual revenue of $2.1B. The company has an S&P rating of B and a long-term Moody’s rating of B2. The company is headquartered in Irvine, CA.

...
3430 Summer Avenue, Memphis, TN , 38122
  • Size SF 8,735
  • Built/Renov1968
  • Price/SF$232
  • Lease Start10-25-2022
  • Rent/SF$16.11
  • Lease Type Abs NNN
  • Lot/AC0.85
  • Pop 5MI237,681

2,024,000

  • Cap Rate 6.95%
  • NOI $140,741
  • R. Term/Yrs 5.0
  • Guarantor Corporate
  • # Units 13
  • Near major nationals

  • Strategically located

  • Highway location

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Absolute NNN

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • 5 year lease with 1 (5-year) renewal option
  • The lease features rental increases of 3% annually
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Mental Health Cooperative
  • Guarantor Corporate
  • #Units 13
  • Stock Private

Mental Health Cooperative (MHC) is a private, nonprofit organization that was founded in 1993 in Nashville, Tennessee, in response to the need for assertive, community-based treatment for individuals requiring frequent inpatient psychiatric hospitalization. MHC began by merging three community organizations—Urban Case Management of Meharry Community Health Center, Continuous Treatment Team of Council of Community Services, and Mobile Crisis Team of the Crisis Intervention Center—to provide comprehensive mental health support. Since its founding, MHC has passionately worked to help adults with severe mental illness live quality lives within the community through state-of-the-art treatment and support. In 1999, MHC expanded to include services for children and youth, addressing the mental health needs of entire families. Now operating 13 locations across Tennessee, MHC is headquartered in Nashville, employs over 900 staff, and reported an annual revenue of approximately $83.1 million in 2023. MHC emphasizes a person-centered, recovery-oriented approach that empowers clients to take an active role in their treatment, reinforcing its commitment to compassionate care and innovative mental health solutions.

...
24 Lance Street, Blue Ridge, GA , 30513
  • Size SF 3,767
  • Built/Renov2023
  • Price/SF$793
  • Lease Start10-23-2023
  • Rent/SF$57.49
  • Lease Type Abs NNN
  • Lot/AC0.62
  • Pop 5MI11,109

2,987,198

  • Cap Rate 7.25%
  • NOI $216,571
  • R. Term/Yrs 13.10
  • Guarantor Corporate
  • # Units 200
  • New construction

  • Near major nationals

  • Strategically located

  • Highway close

  • Top 100 MSA

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Brand new 2023 construction
  • New 15-year lease with 2 (5-year) renewal options
  • The lease features 3% rental increases annually
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guarantee
  • Tenant Western Veterinary Partners
  • Guarantor Corporate
  • #Units 200
  • Stock Private

Western Veterinary Partners (WVP) is a privately held company that partners with veterinary practices to support their growth and operational success while preserving each clinic's independence. Founded in 2018 and headquartered in Denver, Colorado, WVP has expanded to over 200 locations across the United States, primarily in the western and southwestern regions. WVP provides its partner clinics with resources, expertise, and capital, offering operational support, marketing, and financial management services to streamline processes and enhance veterinary care. Recognized as one of Inc. 500's Fastest Growing Companies, WVP's network includes clinics like Cohutta Animal Clinic, which benefit from WVP’s resources while retaining their unique identity. Reporting annual revenues of approximately $100 million, Western Veterinary Partners continues to make significant strides in strengthening and expanding veterinary care nationwide.

...
3111 Thousand Oaks Drive, San Antonio, Texas , 78247
  • Size SF 3,432
  • Built/Renov2013
  • Price/SF$963
  • Lease Start05-25-2016
  • Rent/SF$52.98
  • Lease Type Abs NNN
  • Lot/AC0.94
  • Pop 5MI250,159

3,306,181

  • Cap Rate 5.50%
  • NOI $181,840
  • R. Term/Yrs 11.6
  • Guarantor Corporate
  • # Units 80
  • Near major nationals

  • Strategically located

  • Strong tenant synergy

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Absolute NNN

  • Long 10+ yr lease

  • Corporate Guarantee

  • Personal guarantee

  • ...
  • 11+ years remaining on the current lease term with 4 (5-year) renewal options
  • The lease features 10% rental increases every 5 years
  • Absolute NNN lease | Zero landlord responsibilities
  • Additional Billboard income | The Billboard lease has 3.5 years of term remaining providing an additional revenue stream for the owner
  • Dual guarantees from Bush’s Chicken | Lease backed by both Bush’s Chicken corporate entity and a personal guarantee from the company’s Founder
  • Tenant Bush's Chicken
  • Guarantor Corporate
  • #Units 80
  • Stock Private

Bush’s Chicken was founded in 1996 by Keith and Charlene Bush on the outskirts of Waco, Texas, embodying the spirit of the "Heart of Texas." Originally launched as a single location, Bush’s Chicken began franchising in 2005 and has since expanded to 80 locations across Texas. As a privately owned company under Bush’s Chicken, Inc., the chain is known for its uniquely marinated fried chicken and Southern-style menu, which includes fried okra, fries, mashed potatoes, corn nuggets, jalapeño poppers, yeast rolls, and macaroni and cheese, along with their popular sweet and unsweetened iced tea sold by the gallon. The Bush family emphasized a welcoming, family-friendly atmosphere, making their restaurants comfortable places for gatherings. Keith Bush also pioneered a streamlined drive-thru service, allowing employees to take orders directly from vehicles in multiple lanes, aiming to create the quickest service in town. With headquarters in Waco, Texas, Bush’s Chicken reports annual revenues between $40-50 million, reflecting its strong footprint and loyal customer base throughout the Lone Star State.

...
301 West Black Road, Shorewood, IL , 60404
  • Size SF 10,000
  • Built/Renov2019
  • Price/SF$511
  • Lease Start09-25-2019
  • Rent/SF$35.80
  • Lease Type NN+
  • Lot/AC1.55
  • Pop 5MI152,954

5,113,928

  • Cap Rate 7.00%
  • NOI $357,975
  • R. Term/Yrs 9.11
  • Guarantor Corporate
  • # Units 500
  • Near major nationals

  • Strategically located

  • Highway close

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Long 10+ yr lease

  • Favorable NN+ lease

  • Corporate Guarantee

  • ...
  • 10 years remaining on its current lease term with 2 (5-year) renewal options
  • The lease features 11% rental increases every 5 years
  • Favorable NN+ lease | Landlord responsibilities limited to roof & structure
  • Corporate guaranteed lease
  • Tenant The Learning Experience
  • Guarantor Corporate
  • #Units 500
  • Stock Private

The Learning Experience is an early childcare chain that develops and implements ground-breaking care and early childhood education programs nationwide. TLE is one of America’s fastest-growing childcare franchises, and a recognized leader in the daycare and early education industry. The Weissman family started The Learning Experience in 1980 with one location in Boca Raton, FL. More than 500 locations have opened or are under development, each was built on the same effective early childhood programs the Weissman’s developed. TLE is headquartered in Deerfield Beach, FL.

In 2018, The Learning Experience was acquired by Golden Gate Capital, an American private equity firm based in San Francisco. The firm makes investments in several select industries, including technology, financial services, retail, and industrial, through leveraged buyout transactions, as well as significant minority purchases and growth capital investments. The firm has an estimated annual revenue of $50M and has over $3.2B in funding. Golden Gate Capital is headquartered in San Francisco, CA.

...
2000 North State Road 7, Margate, FL , 33063
  • Size SF 5,943
  • Built/Renov2018
  • Price/SF$1,287
  • Lease Start01-19-2018
  • Rent/SF$54.69
  • Lease Type Abs NNN
  • Lot/AC1.92
  • Pop 5MI414,327

7,647,059

  • Cap Rate 4.25%
  • NOI $325,000
  • R. Term/Yrs 13.1
  • Guarantor Corporate
  • # Units 1,050
  • Signalized intersection

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Highway location

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Absolute NNN

  • Long 10+ yr lease

  • Corporate Guarantee

  • ...
  • 13+ years remaining on its current lease term with 6 (5-year) options to extend
  • The ground lease features 8% rental increases every 5 years starting in year 11
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,050
  • Stock Private

Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington D.C., and Florida. Wawa, a privately held company, began in 1803 as an iron foundry in New Jersey.  Today, the chain is an everyday stop for fresh, built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. With over 1000 convenience retail stores (over 850 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 47,000 associates who own roughly 50% of the company, more than 40% of which is owned through the company’s employee stock-ownership program. Revenue for 2022 was $14.9B, an increase from $13B in 2021. Wawa is headquartered in Wawa, PA.  

...
601 East Main Street, Canfield, OH , 44406
  • Size SF 10,113
  • Built/Renov1999/2018
  • Price/SF$520
  • Lease Start12-12-2000
  • Rent/SF$24.72
  • Lease Type Abs NNN
  • Lot/AC1.42
  • Pop 5MI83,497

5,263,158

  • Cap Rate 4.75%
  • NOI $250,000
  • R. Term/Yrs 13.5
  • Guarantor Corp T + R
  • # Units 9,395
  • Signalized intersection

  • Near major nationals

  • Strategically located

  • Highway location

  • Strong demographics

  • Major MSA

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • 13+ years remaining on the current lease term with 5 (5-year) renewal options
  • The lease features 2.5% rental increases at the start of the option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guarantee | Investment grade tenant
  • Tenant CVS Pharmacy
  • Guarantor Corp T and Rated
  • #Units 9,395
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: CVS

CVS Pharmacy, Inc. is an American retail corporation and is the largest pharmacy chain in the United States by number of locations and total prescription revenue. CVS sells prescription drugs and a wide assortment of general merchandise, including over-the-counter drugs, beauty products and cosmetics, film and photo finishing services, seasonal merchandise, greeting cards, and convenience foods. Founded in 1963, as of December 31, 2023, the company had more than 9,000 retail locations, more than 1,000 walk-in medical clinics, and 204 primary care medical clinics. CVS Pharmacy is a subsidiary of CVS Health.

CVS Health Corporation (NYSE: CVS) is the world’s largest healthcare company that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance provider, among many other brands. The Company maintains a national network of approximately 66,000 retail pharmacies, consisting of approximately 38,000 chain pharmacies (which include CVS pharmacy locations) and approximately 28,000 independent pharmacies, in the U.S., including Puerto Rico, the District of Columbia, Guam, and the U.S. Virgin Islands. The company’s market cap is $101.61B and they reported a 2023 revenue of $357.77B. CVS Health is headquartered in Woonsocket, RI.

...
121 West Kenosha Street, Broken Arrow, OK , 74012
  • Size SF 4,606
  • Built/Renov2016
  • Price/SF$625
  • Lease Start08-01-2016
  • Rent/SF$42.17
  • Lease Type Double NN
  • Lot/AC1.27
  • Pop 5MI165,947

2,877,900

  • Cap Rate 6.75%
  • NOI $194,254
  • R. Term/Yrs 6.7
  • Guarantor Corporate
  • # Units 60
  • High traffic 50M+ VPD

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Strong tenant synergy

  • Highway close

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Affluent suburb location

  • Corporate Guarantee

  • ...
  • RibCrib has 6+ years remaining on its current lease term with 3 (5-year) renewal options
  • The lease features 5% rental increases every 5 years, including options
  • NN lease | Minimal landlord responsibilities
  • Corporate guaranteed lease
  • Tenant RibCrib BBQ
  • Guarantor Corporate
  • #Units 60
  • Stock Private

RibCrib is a regional chain restaurant that specializes in hickory-smoked barbecue and smoked meats in a casual, comfortable setting. The barbecue joint’s signature recipe is in its slow-smoked ribs, but RibCrib also offers brisket, pork, smoked chicken, appetizers, salads, and desserts. Founded in 1992 in Tulsa, OK, the company was started by Bret Chandler, a former Mazzio's Italian Eatery franchisee. The private company has since grown to more than 60 locations across 8 states. RibCrib has been featured in Restaurant Business magazine’s “Top 50 growth chains” list. RibCrib is headquartered in Tulsa, OK.

...
1495 Capital Circle Northwest, Tallahassee, FL , 32303
  • Size SF 5,943
  • Built/Renov2024
  • Price/SF$1,010
  • Lease Start10-27-2024
  • Rent/SF$45.43
  • Lease Type Abs NNN
  • Lot/AC2.39
  • Pop 5MI11,526