DRUGSTORE PROPERTY NEWSLETTER
|
|
- Colleen Summers
- 5 years ago
- Views:
Transcription
1 DRUGSTORE PROPERTY NEWSLETTER SECOND QUARTER 216 Drugstore Property Sale Comparables National Drugstore Property Market Analysis page 1 DRUGSTORE PROPERTY NEWSLETTER SECOND QUARTER Pharma Property Group
2 SELECTED SALES COMPARABLES Property City Property State Sale Price Actual Cap Rate Lease Term Remaining NN / NNN Mesa AZ $2,125, NN Everett WA $4,15, NN North Hills CA $9,66, NNN Kinston NC $5,4, NNN Madisonville KY $5,611, NNN Roanoke VA $6,377, NNN Sauk Rapids MN $11,517, NNN Property City Property State Sale Price Actual Cap Rate Lease Term Remaining NN / NNN Haines City FL $4,285, NN Perry GA $2,815, NN Minneapolis MN $2,756, NNN Oxnard CA $8,1, NNN Madison AL $2,715, NNN Bartow FL $6,45, NNN Lago Vista TX $6,355, NNN Glenmont NY $8,16, NNN Property City Property State Sale Price Actual Cap Rate Lease Term Remaining NN / NNN Mount Juliet TN $2,4, NNN Sinking Spring PA $3,476, NNN Moreno Valley CA $5,, NNN Comparable property sales data has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information Banks Street, Ste. B, San Diego, CA 9211 page 2
3 COMPARING THE FIRST SIX MONTHS OF 215 & 216 Drugstore Transactions Volume Median Days-on-Market Before Closing 1Q & 2Q Q & 2Q Q & 2Q Q & 2Q Q & 2Q Q & 2Q Comparable property sales data has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. 27.4% PERCENTAGE OF BUYERS BASED IN CALIFORNIA YEAR YTD AVG. Number of Transactions* % of Buyers based in CA * Walgreens transactions nationwide. 27.4% of all Walgreens sold nationwide are purchased by buyers based in California.A page 3 DRUGSTORE PROPERTY NEWSLETTER SECOND QUARTER Pharma Property Group
4 MARKET UPDATE Drugstore market transaction velocity has slowed during the first and second quarters of 216. There are a variety of reasons for this; however, the primary factor is the continued progression of the possible Walgreens and Rite Aid merger. In late May 216, Walgreens announced the pricing of a $6 billion debt offering to finance the proposed acquisition of Rite Aid, to retire a portion of Rite Aid's existing debt and any remaining net proceeds from the sale of the notes may also be used for general corporate purposes. The debt offering consisted of the following notes: $1.25 billion 1.75% notes due 218; $1.5 billion 2.6% notes due 221; $75 million 3.1% notes due 223; $1.9 billion 3.45% notes due 226; and Much of the mid-term leased drugstores (12 to 18 years) with below average sales have been stagnant and sitting on the market which has increased supply; however, drugstores with average or better sales with decent real estate are still trading with ease and at aggressive CAP rates when compared to the last decade of trading. The drugstore lending environment has remained healthy as ten year treasury yield rates have remained consistent since the end of the first quarter in the 1.6% to 1.9% range. Lenders are beginning to examine drugstore sales and real estate fundamentals a bit more thoroughly for midterm leased drugstores than in the past primarily due to the recent mergers and expected mergers of drugstore chains and the expected store consolidations to follow. Highest Regards, $6 million 4.65% notes due 246. Although drugstores are requiring more days on the market to trade, pricing levels continue to be near all-time highs when comparing drugstore CAP rate levels to the last ten to fifteen years. CVS has recently performed portfolios of sale leasebacks on some of their corporate real estate to private equity firms. These PE firms are now selling off tranches of these portfolios through individual sales at the 5 CAP to 5.15 CAP levels. The primary driver for this pricing is that the leases are freshly signed 25 year absolute triple net leases. JASON STUART PONGSRIKUL Managing Principal PHARMA PROPERTY GROUP Banks Street, Ste. B, San Diego, CA 9211 page 4
5 EXCLUSIVELY LISTED BY PHARMA PROPERTY GROUP Offering Overview Price: $6,416,19 Asking Cap Rate: 5.45% Annual Income: $35, Building Square Feet: 14,49 Land Square Feet: 22,215 Year Built: 25 WALGREENS INVESTMENT OFFERING 441 JEFFERSON STREET INDIO, CA 9221 ABSOLUTE TRIPLE NET LEASE LEASE TERM REMAINING SIGNALIZED CORNER LOCATION STRATEGIC CORNER RIVERSIDE-SAN BERNARDINO- ONTARIO MSA LOCATION Absolute triple net lease with no landlord responsibilities whatsoever. Fifteen years of primary lease term remaining before seven (five- year) options to follow. Lease expires 266 and first termination right is in June 231. Drive-thru pharmacy located in an outparcel of the 15, square foot Heritage Court Shopping Center, at the signalized corner of Jefferson Street and Fred Waring Drive with daily traffic counts exceeding 47, vehicles per day. CVS is located directly across the street on the opposite corner, making this signalized intersection a strategic corner for both Walgreens and CVS. Nearest Rite Aid is over four miles away. Riverside County has a population of roughly 2,2, and is included in the Riverside- San Bernardino-Ontario MSA which is the eleventh most populous Metropolitan Statistical Area in the United States page 5 DRUGSTORE PROPERTY NEWSLETTER SECOND QUARTER Pharma Property Group
6 ATLANTIC OCEAN Offering Overview Price: $5,47,391 UC FLORIDA DAYTONA BEACH DAYTONA BEACH HALIFAX RIVER DAYTONA BEACH SHORES Asking Cap Rate: 5.75% Annual Income: $29,225 INDIGO LAKES GOLF CLUB DAYTONA INTERNATIONAL SPEEDWAY DAYTONA BEACH INTERNATIONAL AIRPORT SUBJECT PROPERTY DAYTONA BEACH GOLF CLUB Building Square Feet: 1,98 Land Square Feet: 76,738 Year Built: 21 THE CLUB AT PELICAN BAY EXCLUSIVELY LISTED BY PHARMA PROPERTY GROUP SOUTH DAYTONA CVS INVESTMENT OFFERING 135 BEVILLE ROAD, DAYTONA BEACH, FL LEASE TERM REMAINING RENT INCREASES STRATEGIC LOCATION EXTREMELY HIGH TRAFFIC COUNTS Approximately ten years of primary lease term remaining before the five (five-year) options to follow. Lease provides for rent increases of approximately two percent at each five year option. Walgreens is located directly across the street on the opposite corner making this signalized intersection a strategic corner for both CVS and Walgreens. There are no Rite Aid stores in Florida. Drive-thru pharmacy located on a signalized corner of Beville Road and South Clyde Morris Boulevard with traffic counts of over 68, vehicles per day. DESIREABLE LOCATION Located within three miles of the Daytona International Airport and the Daytona Speedway, and within minutes of the Intracoastal Waterway Banks Street, Ste. B, San Diego, CA 9211 page 6
7 POTENTIAL SELLERS / ACTIVE BUYERS BELOW ARE A FEW WAYS HOW PHARMA PROPERTY GROUP DIFFERS FROM TYPICAL BROKERAGE FIRMS Specialization We are the largest private national commercial real estate brokerage firm in the country exclusively focusing on Walgreens, CVS and Rite Aid properties. Our network of active contacts in the drugstore space is unmatched and includes drugstore landlords, brokers, lenders, developers and first time drugstore buyers. Proprietary Drugstore Investor Database For years we have built our proprietary database of existing drugstore owners and we have relationships and contact with the most active drugstore investors in the country. Off Market Sales PPG can bring you offers directly on most drugstores without marketing your property for sale to the open public. We have existing relationships from active buyers that are qualified and who we have closed deals with. Our buyers are looking for either short-term, mid-term or lower yielding long-term leased drugstores and these investors have the ability to purchase cash or assume existing debt allowing ownership to avoid stiff loan payoff penalties. Complimentary Valuation Analysis PPG offers any drugstore landlord a complimentary property analysis for any drugstore in their portfolio. There is no obligation in receiving our analysis and we suggest performing a valuation every couple of years even if selling is not on the horizon. Our analysis includes: Current market value of drugstores in your portfolio. Recently closed drugstore comparables that have similar lease terms to your drugstores. Market analysis of surrounding drugstore competition and how that affects the value of your investment. Compares your drugstore sales performance to other drugstores on a local, statewide and national level. To receive your complimentary analysis, contact us by any of the following ways: Call Jason Pongsrikul, our Managing Principal, at (858) Jason Pongsrikul at jp@pharmapropertygroup.com Mail correspondence to: Pharma Property Group 5328 Banks Street Suite B San Diego, CA 9211 Attention: Complimentary Analysis page 7 DRUGSTORE PROPERTY NEWSLETTER SECOND QUARTER Pharma Property Group
8 DRUGSTORE PROPERTY NEWSLETTER SECOND QUARTER 216 Drugstore Property Sale Comparables National Drugstore Property Market Analysis JASON STUART PONGSRIKUL Founder and Managing Principal Direct: (858) JASON S. PONGSRIKUL Managing Principal NICHOLAS W. PRICE Vice President LUCAS A. PECKHAM Associate DAVID CHANG Research Analyst MARIA LOW Operations Manager 5328 Banks Street, Suite B San Diego, CA 9211 P F CA BRE Lic Banks Street, Ste. B, San Diego, CA 9211 Commercial Real Estate Investment Services for Walgreens, CVS and Rite-Aid Properties Nationwide page 8
EXCLUSIVELY LISTED INVESTMENT OFFERING
EXCLUSIVELY LISTED INVESTMENT OFFERING MICHIGAN INVESTMENT OPPORTUNITY 444 MAIN STREET BELLEVILLE, MI 48111 Representative Photo PRESENTED BY: JASON STUART PONGSRIKUL Managing Principal Direct: 619.297.0055
More informationRITE AID VISALIA, CA $8,637,352 CAP 5.25% Stephen Harper, Broker (916) CA BRE #
RITE AID VISALIA, CA $8,637,352 CAP 5.25% Among the TOP 2% of all Rite Aid locations Nationwide Rent To Sales Ratio BELOW 4% Exclusively Offered by: Stephen Harper, Broker (916) 798-1116 SHarper0269@Gmail.com
More informationEXCLUSIVELY LISTED INVESTMENT OFFERING
EXCLUSIVELY LISTED INVESTMENT OFFERING BAY AREA DRUGSTORE INVESTMENT OPPORTUNITY 4 HIGHWAY 4-79,000 CARS PER DAY 1165 ARNOLD DRIVE JASON STUART PONGSRIKUL Managing Principal CA DRE Lic. 01918332 Direct:
More informationRite Aid. offering memorandum Halprin Drive - NORFOLK, VIRGINIA ACTUAL PROPERTY
Rite Aid offering memorandum ACTUAL PROPERTY Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a trademark of 2016 Marcus & Millichap. Activity ID: Y0330263
More informationRITE AID ABSOLUTE NNN LEASE CARROLLTON BLVD., CARROLLTON, VA MICHAEL CARTER FRANK ROGERS
ABSOLUTE NNN LEASE 30445 Northwestern Highway, Suite 275 Farmington Hills, MI 48334 248.254.3410 fortisnetlease.com FRANK ROGERS MICHAEL CARTER SENIOR ADVISOR D: 248.419.3741 FROGERS@FORTISNETLEASE.COM
More informationRite Aid. Long term Absolute NNN Drug Store with assumable debt. For more info on this opportunity please contact: 1201 Warwick Avenue, Warwick, RI
Rite Aid Long term Absolute NNN Drug Store with assumable debt 1201 Warwick Avenue, Warwick, RI Capital Pacific collaborates. Click here to meet the rest of our San Francisco team. For more info on this
More informationMCDONALD S CORPORATE GROUND LEASE Gladewater, Texas
SUBJECT PROPERTY ACTUAL LOCATION ACTUAL PROPERTY Table of Contents Investment Summary Investment Overview Lease Abstract Aerial Photo Location Map Competition Maps Presented By: MATT MOAKE, CCIM 713.275.6715
More informationOFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
LOS ANGELES SAN GABRIEL VALLEY OFFICE SECOND QUARTER 218 QUICK STATS Direct Vacancy 11.1% Overall Vacancy 11.4% Lease Rate FSG $2.32 Gross Absorption Under Construction MARKET TRENDS Current Quarter 345,68
More informationWALGREENS 1051 OAK STREET NORTH AURORA, IL Dan Stewart, CCIM Managing Director
WALGREENS 1051 OAK STREET NORTH AURORA, IL 60542 Dan Stewart, CCIM Managing Director 734.662.5097 dan.stewart@svn.com Kevin Lynch, CCIM Managing Director 847.921.6300 kevin.lynch@svn.com SVN STEWART COMMERCIAL
More informationNET LEASE INVESTMENT OFFERING CVS PHARMACY
CVS PHARMACY 1200 Gallatin Pike S Madison, TN 37115 (Nashville MSA) TABLE OF CONTENTS TABLE OF CONTENTS I. Executive Profile Executive Summary Investment Highlights Property Overview II. Location Overview
More informationFamily Dollar. 10 YEAR LEASE - brand new construction store completed may 2017 [ REPRESENTATIVE PHOTO ]
Family Dollar 10 YEAR LEASE - brand new construction store completed may 2017 5895 NC-48, Roanoke Rapids, NC 27870 www.capitalpacific.com NEW CONSTRUCTION STORE IN FAMILY DOLLAR S HOME STATE, SERVICING
More informationOFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
INLAND EMPIRE OFFICE THIRD QUARTER 217 QUICK STATS Direct Vacancy 11.4% Overall Vacancy 11.7% Lease Rate FSG $1.83 Gross Absorption Under Construction MARKET TRENDS Current Quarter 529,634 SF 45,24 SF
More informationFamily Dollar. 10 YEAR LEASE - brand new construction store completed may 2017 [ REPRESENTATIVE PHOTO ] [ ] Click for Map
Family Dollar 10 YEAR LEASE - brand new construction store completed may 2017 5895 NC-48, Roanoke Rapids, NC 27870 Click for Map [ www.capitalpacific.com ] NEW CONSTRUCTION store IN FAMILY DOLLAR S HOME
More informationRITE AID RELOCATION STORE MCFARLAND, CALIFORNIA (BAKERSFIELD MSA)
RITE AID RELOCATION STORE MCFARLAND, CALIFORNIA (BAKERSFIELD MSA) OFFERING MEMORANDUM $4,662,800 5.00% CAP RATE» New 20-Year NNN Lease with Corporate Guarantee» Guaranteed by Rite Aid Corporation» Fixed
More informationRITE AID - RELOCATION STORE CORONA, CALIFORNIA (INLAND EMPIRE)
RITE AID - RELOCATION STORE CORONA, CALIFORNIA (INLAND EMPIRE) OFFERING MEMORANDUM $9,700,000 5.00% CAP RATE» National Tenant with Strong Brand Recognition» Over 4,600 Locations Nationwide» No Landlord
More informationNET LEASE INVESTMENT OFFERING. CVS 3501 N US Hwy 441, Ocala, FL 34475
CVS 3501 N US Hwy 441, Ocala, FL 34475 TABLE OF CONTENTS TABLE OF CONTENTS I. Executive Profile Executive Summary Investment Highlights Property Overview II. Location Overview Photographs Aerial Site Plan
More informationWALGREENS. 758 North Ellington Parkway - LEWISBURG, TENNESSEE OFFERING MEMORANDUM FILE PHOTO
WALGREENS OFFERING MEMORANDUM FILE PHOTO Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a trademark of 2016 Marcus & Millichap. Activity ID: Y0331920 1
More information13+ Years Remaining NNN Lease
6011 Dexter Street Commerce City (Denver), Colorado 80022 13+ Years Remaining NNN Lease 6011 Dexter Street Commerce City, Co Investment Overview Single Tenant Absolute Lease Commerce City (Denver), CO
More informationOFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
LOS ANGELES CENTAL/SOUTHEAST OFFICE THIRD QUARTER 218 QUICK STATS Direct Vacancy 14.7% Overall Vacancy 15.2% Lease Rate FSG $3.16 Gross Absorption Under Construction MARKET TRENDS Change from Last Quarter
More informationINDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
PHOENIX, ARIZONA INDUSTRIAL THIRD QUARTER 217 QUICK STATS Direct Vacancy 8.7% Overall Vacancy 9.% Lease Rate NNN $.54 Gross Absorption Under Construction MARKET TRENDS Current Quarter 5,991,128 SF 4,751,494
More informationINDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
VENTURA COUNTY INDUSTRIAL FOURTH QUARTER 217 QUICK STATS Direct Vacancy 2.1% Overall Vacancy 2.4% Lease Rate NNN $.7 Gross Absorption Under Construction MARKET TRENDS Current Quarter 1,332,957 SF 774,362
More informationINDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS. Current Quarter. Direct Vacancy 2.
ORANGE COUNTY INDUSTRIAL SECOND QUARTER 218 QUICK STATS Direct Vacancy 2.2% Overall Vacancy 2.5% Lease Rate NNN $.95 Gross Absorption Under Construction MARKET TRENDS Current Quarter 2,956,71 SF 1,367,18
More information±12.5 Years Remaining NNN Lease
2845 West Cleveland Road South Bend, Indiana 46628 ±12.5 Years Remaining NNN Lease 2845 West Cleveland Road South Bend, IN 46628 Investment Overview Single Tenant Absolute Lease South Bend, Indiana Price
More informationWALGREENS CORPORATE NET LEASED STORE WITH DRIVE-THRU COLORADO SPRINGS, CO
WALGREENS CORPORATE NET LEASED STORE WITH DRIVE-THRU SPRINGS, CO Overview WALGREENS 350 UNION AVE, SPRINGS, CO 80909 $8,000,000 PRICE 6.25% CAP LEASABLE SF 15,120 SF LAND AREA 1.70 Acres LEASE TYPE Corporate
More informationINDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
ORANGE COUNTY INDUSTRIAL FOURTH QUARTER 217 QUICK STATS Direct Vacancy 2.3% Overall Vacancy 2.7% Lease Rate NNN $.91 Gross Absorption Under Construction MARKET TRENDS Current Quarter 4,283,991 SF 963,138
More informationHackman Chicago Infill Industrial Portfolio
Hackman Chicago Infill Industrial Portfolio EXECUTIVE SUMMARY Robin Stolberg and Kurt Sarbaugh, licensed real estate brokers in the state of Illinois, along with Holliday Fenoglio Fowler, L.P. (collectively
More informationINDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
INLAND EMPIRE INDUSTRIAL FOURTH QUARTER 217 QUICK STATS Direct Vacancy 5.1% Overall Vacancy 5.3% Lease Rate NNN $.57 Gross Absorption Under Construction MARKET TRENDS Current Quarter 9,23,744 SF 16,31,563
More informationOFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
LOS ANGELES NORTH OFFICE FOURTH QUARTER 217 QUICK STATS Direct Vacancy 11.8% Overall Vacancy 12.5% Lease Rate FSG $2.75 Gross Absorption Under Construction MARKET TRENDS Current Quarter 1,6,941 SF 89,158
More information1765 W Mount Houston Road
1765 W Mount Houston Road Houston, Texas Investment Overview William (Bill) Kahng 408-476 - 5597 WilliamKahng@gmail.com DRE # 02036826 Investment & Demographic Highlights $2,499,000 (5.92% Cap Rate) Corporate
More informationMARKET WATCH SOUTHERN CALIFORNIA & PHOENIX
SOUTHERN CALIFORNIA & PHOENIX COMMERCIAL REAL ESTATE MARKET FOURTH QUARTER 217 MARKET WATCH SOUTHERN CALIFORNIA & PHOENIX 1.888.659.DAUM WWW.DAUMCOMMERCIAL.COM D/AQ Corp. # 1129558 DAUM TABLE OF CONTENTS
More informationWALGREENS Macon Road - MEMPHIS, TENNESSEE OFFERING MEMORANDUM ACTUAL PROPERTY
WALGREENS OFFERING MEMORANDUM ACTUAL PROPERTY Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a trademark of 2017 Marcus & Millichap. Activity ID: Y0331925
More informationACTUAL SITE COLUMBIA, TENNESSEE OFFERING MEMORANDUM
ACTUAL SITE F I R S T T E N N E S S E E B A N K COLUMBIA, TENNESSEE OFFERING MEMORANDUM Investment Overview Marcus & Millichap is pleased to present this 2,000-square-foot First Tennessee Bank in Columbia,
More informationSingle tenant NNN lease Seventeenth Street, Tustin, CA
Single tenant NNN lease 17632 Seventeenth Street, Tustin, CA For More Information Contact: Jereme Snyder Executive Vice President License No. 01360233 949.724.5552 jereme.snyder@colliers.com Table of Contents
More informationSVN The Kase Group. Citibank NNN Leased Offering Sacramento, CA $2,427, % CAP
SVN The Kase Group Citibank NNN Leased Offering Sacramento, CA $2,427,300 4.06% CAP Actual Site Photo Offering Highlights New 10 Year Absolute NNN Lease Zero Landlord Obligations Annual 1.5% Increases
More informationDOLLAR GENERAL 3311 E. PALMETTO STREET FLORENCE SC 29506
DOLLAR GENERAL 3311 E. PALMETTO STREET FLORENCE SC 29506 Statement of Disclaimer/Confidentiality The material contained in this Investment Offering Brochure is furnished solely for the purpose of considering
More information19439 VENTURA BOULEVARD, TARZANA, CA 91356
TREVOR HARRIS CA BRE license # 01722291 telephone 310.644.6404 x102 fax 310.644.6414 trevor@triwellproperties.com SINGLE TENANT 10+ YEAR NET LEASED INVESTMENT PROPERTY TABLE OF CONTENTS SITE OVERVIEW 3
More informationOFFERING MEMORANDUM WHITTIER, CALIFORNIA REPRESENTATIVE PHOTO
OFFERING MEMORANDUM WHITTIER, CALIFORNIA REPRESENTATIVE PHOTO OFFERING MEMORANDUM WHITTIER, CALIFORNIA TABLE OF CONTENTS: Offering Summary 4 Investment Highlights 5 Location Highlights 6 Lease Summary
More informationOFFERING MEMORANDUM. Mattress Firm N US Highway 1, Cocoa, FL 32926
OFFERING MEMORANDUM Mattress Firm 3708 N US Highway 1, Cocoa, FL 32926 Exclusively Listed By Clay Smith Associate Clay.Smith@matthews.com DIR (214) 692-2216 MOB (404) 316-3197 LIC # 693140 (TX) chad kurz
More informationWALGREENS 9976 Jefferson Ave, Newport News, VA 23605
OFFERING MEMORANDUM Charlotte, NC WALGREENS 9976 Jefferson Ave, Newport News, VA 23605 1 TABLE OF CONTENTS 03 EXECUTIVE OVERVIEW 04 FINANCIAL OVERVIEW 05 TENANT OVERVIEW 07 AREA OVERVIEW JON PRATER ASSOCIATE
More informationNET LEASE INVESTMENT OFFERING CVS PHARMACY
CVS PHARMACY Mobile, Alabama TABLE OF CONTENTS TABLE OF CONTENTS I. Executive Profile Executive Summary Investment Highlights Property Overview II. Location Overview Photographs Aerial Site Plan Map III.
More informationAdvance Auto Parts WHISKEY ROAD & CITADEL DRIVE AIKEN, SC Offering Memorandum For Sale Investment Opportunity
Offering Memorandum For Sale Investment Opportunity Advance Auto Parts WHISKEY ROAD & CITADEL DRIVE AIKEN, SC 29803 PRESENTED BY: Craig Waites Vice President South Carolina Director of Commercial Brokerage
More informationLEANN HUME, CCIM, CLS SENIOR DIRECTOR
6195 SOUTH FIVE MILE RD BOISE, ID OFFERING MEMORANDUM EXCLUSIVELY OFFERED BY: ANDREA NILSON SENIOR DIRECTOR Retail / Investment Specialist +1 208 287 8439 andrea.nilson@paccra.com LEANN HUME, CCIM, CLS
More informationExclusive Investment Opportunity
Commercial Real Estate Exclusive Investment Opportunity Net Lease Investment Frankfort, KY Asking Price: $1,959,717 Table of Contents Virginia I. Wright, CCIM Principal & Director Atlanta Office Millenia
More informationINDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS. Current Quarter. Direct Vacancy 2.
LOS ANGELES NORTH INDUSTRIAL THIRD QUARTER 218 QUICK STATS Direct Vacancy 2.3% Overall Vacancy 2.6% Lease Rate NNN $1.1 Gross Absorption Under Construction MARKET TRENDS Current Quarter 1,632,564 SF 595,199
More informationRITE AID CENTER RIDGE RD WESTLAKE OH 44145
RITE AID 23709 CENTER RIDGE RD WESTLAKE OH 44145 Statement of Disclaimer/Confidentiality 2 The material contained in this Investment Offering Brochure is furnished solely for the purpose of considering
More informationPalm Beach, Florida OFFERING SUMMARY
, Florida OFFERING SUMMARY Executive Summary Holliday Fenoglio Fowler, L.P. ( HFF ) is pleased to exclusively offer the PROPERTY OVERVIEW opportunity to acquire 400 Royal Palm Way, a 4-story boutique office
More informationRobert Kuzman CA Lic
OFFERING MEMORANDUM 20236 US Highway 18 North, Apple Valley, CA 92307 Exclusively Offered By: NET LEASE INVESTMENT SERVICES Kevin Held kevin.held@cushwake.com +1 858 546 5428 CA Lic. 01240358 Chuck Klein
More informationNET LEASE INVESTMENT OFFERING. Chase Bank (Ground Lease 23 Years Remaining) 2101 Orchard Road, Montgomery, IL (Chicago MSA)
Chase Bank (Ground Lease 23 Years Remaining) 2101 Orchard Road, Montgomery, IL 60538 (Chicago MSA) TABLE OF CONTENTS TABLE OF CONTENTS I. Executive Profile Executive Summary Investment Highlights Property
More informationOFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
ORANGE COUNTY OFFICE THIRD QUARTER 217 QUICK STATS Direct Vacancy 12.1% Overall Vacancy 12.9% Lease Rate FSG $2.61 Gross Absorption Under Construction MARKET TRENDS Current Quarter 2,479,293 SF 379, SF
More informationCHICAGO CBD OFFICE INVESTMENT PROPERTIES GROUP
CHICAGO CBD OFFICE INVESTMENT PROPERTIES GROUP SECOND QUARTER NEWSLETTER 216 HOT TOPICS Capital markets remain a focus with 14 assets either under contract or sold totaling $2.6 billion, which includes
More informationNNN Investment Property. Walgreens Jackson, MS. Offering Price: $2,975,000 Offering CAP: 11.60%
Andrew Barnes, Managing Director of National NNN is pleased to exclusively offer for sale: NNN Investment Property Walgreens 11.60% Cap Rate NN Lease (Double Net) 7+ Years of Primary Lease Term Eight (5)
More informationFamily Dollar. 909 Jefferson Ave. Buffalo, NY OFFERING MEMORANDUM. Family Dollar, Buffalo, NY 1
Family Dollar 909 Jefferson Ave. Buffalo, NY 14204 OFFERING MEMORANDUM Family Dollar, Buffalo, NY 1 exclusively listed by Josh Bishop VP & Director chad kurz Josh.Bishop@matthews.com DIR (214) 692-2289
More informationOffering Memorandum. 929 SW 8th Street Pompano Beach, FL BOCA RATON MIAMI & FORT LAUDERDALE I-95 (168,146 VPD) W ATLANTIC BLVD (54,425 VPD)
D) (23,3 52 VP HWY DIXIE I-95 (168,146 VPD) BOCA RATON POMPANO BEACH AIRPARK ) POWERLINE RD (46,714 VPD W ATLANTIC BLVD (54,425 VPD) PALM-AIRE COUNTRY CLUB MIAMI & FORT LAUDERDALE N South Florida Billboard
More informationOFFERING MEMORANDUM NET LEASE INVESTMENTS EXCLUSIVELY OFFERED BY: CHUCK KLEIN STEVE TATE CONTACT LOCAL.
6016 SOUTH 1550 EAST OGDEN, UT OFFERING MEMORANDUM EXCLUSIVELY OFFERED BY: CHUCK KLEIN +1 858 546 5473 CA Lic #01522766 chuck.klein@cushwake.com LOCAL CONTACT STEVE TATE +1 801 303 5558 UT Lic #5482065-AB00
More informationFred s Discount. Camden, South Carolina. Offering Memorandum
Camden, South Carolina Offering Memorandum TABLE OF CONTENTS: Company Overview 3 Disclaimer 3 Investment Overview Property Highlights 4 Lease Information 5 Regional Map 6 Regional Map 7 Local Aerial 8
More informationOffering Memorandum. Offering Memorandum SANFORD PLAZA. Sanford, Florida
Offering Memorandum Offering Memorandum SANFORD PLAZA Sanford, Florida CONFIDENTIALITY AND DISCLAIMER The information contained in the following Marketing Brochure is proprietary and strictly confidential.
More informationSUBJECT PROPERTY PHOTO STARBUCKS FARGO, ND
SUBJECT PROPERTY PHOTO STARBUCKS FARGO, ND Overview STARBUCKS 4480 26TH AVE S, FARGO, ND 58103 $1,971,327 PRICE 5.50% CAP LEASEABLE SF 2,356 SF LEASE EXPIRATION 2/29/2028 LAND AREA 0.90 Acres YEAR BUILT
More informationNET LEASE INVESTMENT OFFERING. HARDEE S (Corporate) 7942 Garners Ferry Road Columbia, SC 29209
HARDEE S (Corporate) 7942 Garners Ferry Road Columbia, SC 29209 TABLE OF CONTENTS TABLE OF CONTENTS I. Executive Profile Executive Summary Investment Highlights Property Overview II. Location Overview
More informationWALGREENS ALISO VIEJO, CA. offering memorandum. Overview. Overview. Tenant. Investment. Overview. Market. Investment. Overview Financial.
WALGREENS ALISO VIEJO, CA Overvie offering memorandum INVESTMENT OVERVIEW Marcus & Millichap is pleased to present this rare Walgreens with rent increases over the base term in Aliso Viejo, California;
More informationRepresentative Photo OFFERING MEMORANDUM N. County Road Odessa, TX
Representative Photo OFFERING MEMORANDUM 2701 N. County Road Odessa, TX Table of Contents: Exclusively Marketed By: INVESTMENT SUMMARY Investment Highlights PROPERTY OVERVIEW Location Map Property Aerial
More informationNET LEASE INVESTMENT OFFERING MCDONALD S (GL) 1880 E Market Street Harrisonburg, VA 22801
MCDONALD S (GL) 1880 E Market Street Harrisonburg, VA 22801 TABLE OF CONTENTS TABLE OF CONTENTS I. Executive Profile Executive Summary Investment Highlights Property Overview II. Location Overview Photographs
More information$778,000 9% CAP 7,000 SF $111 PSF. Exclusive Listing Agents: Bob Moorhead Joe Caputo
New Corporate Sale-Leaseback 25 Stand Alone Stores Available Throughout the Southeastern U.S. Blockbuster & Little Caesars 1960 W 315 Andrew Greenville Johnson Blvd. Hwy, SE, Greenville, Morristown, NC
More informationIHOP. 641 Battlefield BLVD Chesapeake, VA OFFERING MEMORANDUM. IHOP, Chespeake, VA 1
IHOP 641 Battlefield BLVD Chesapeake, VA OFFERING MEMORANDUM IHOP, Chespeake, VA 1 contents 03 04 06 09 EXECUTIVE SUMMARY financial OVERVIEW tenant overview SURROUNDING TENANTS 10 area OVERVIEW exclusively
More informationDollar General Sheakleyville, PA
Dollar EXCLUSIVE General LISTING Sheakleyville, PA Dollar General Sheakleyville, PA ANDREW FALLON EXECUTIVE MANAGING DIRECTOR (703) 787-4733 afallon@calkain.com JONATHAN W HIPP PRESIDENT & CEO BROKER OF
More informationBURGER KING CHATTANOOGA, TN
BURGER KING CHATTANOOGA, TN APPROX. 18-YEAR ABSOLUTE NNN SALE LEASEBACK 2 Overview BURGER KING 4850 BRAINERD ROAD, CHATTANOOGA, TN 37411 $2,434,783 PRICE 5.75% CAP LEASABLE SF 3,075 SF LAND AREA 0.75 +/-
More informationOFFERING MEMORANDUM. Tim Hortons Center Avenue Essexville, MI. Tim Hortons, Essexville, MI 1
OFFERING MEMORANDUM Tim Hortons 2906 Center Avenue Essexville, MI Tim Hortons, Essexville, MI 1 2 Offering Memorandum contents 04 06 08 10 12 investment highlights financial OVERVIEW tenant overview property
More informationSlow start for Denver s Retail Sector 500, , , , , , , , ,000 50,000. Square Feet
Research & Forecast Report METRO DENVER RETAIL Q1 2018 Slow start for Denver s Retail Sector Market Overview After recording net absorption of more than 546,000 square feet during the previous quarter,
More informationRITE AID. Middletown, Delaware
RITE AID Middletown, Delaware 4 5 5 W E S T M A I N S T R E E T M I D D L E T O W N, D E L A W A R E E X C L U S I V E L Y L I S T E D B Y : RITE AID MIDDLETOWN, DELAWARE INVESTMENT OVERVIEW Marcus & Millichap
More informationHousing Affordability: Local and National Perspectives
University of Pennsylvania ScholarlyCommons 2018 ADRF Network Research Conference Presentations ADRF Network Research Conference Presentations 11-2018 Housing Affordability: Local and National Perspectives
More informationCAR WASH FULL/ SELF SERVICE 2120 S ATLANTIC AVE DAYTONA BEACH SHORES, FL Mital Saraiya Advisor
CAR WASH FULL/ SELF SERVICE 2120 S ATLANTIC AVE DAYTONA BEACH SHORES, FL 32118 Mital Saraiya Advisor 386.566.2183 mital.saraiya@svn.com SVN ALLIANCE COMMERCIAL REAL ESTATE ADVISORS 1275 WEST GRANADA BOULEVARD,
More informationRITE AID FLORENCE, NJ INVESTMENT OPPORTUNITIES
INVESTMENT OPPORTUNITIES OFFERING MEMORANDUM The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving
More informationWILDOMAR RETAIL CENTER
WILDOMAR RETAIL CENTER A NET LEASED OFFERING 22812 PALOMAR STREET WILDOMAR, CA 92595 1 2 OVERVIEW 100% LEASED RETAIL CENTER 22812 PALOMAR RD WILDOMAR, CA $2,824,000 PRICE 6.00% CAP LEASE EXPIRATIONS: ANGEL
More informationPURCHASE OPPORTUNITY AT
. Coral Ridge Plaza GENERATIONAL ASSET WITH EXCEPTIONAL LOCATION NEAR INTRACOSTAL HIGH BARRIERS TO ENTRY IN DENSE IN-FILL LOCATION OF FORT LAUDERDALE CVS RENT IS WELL BELOW MARKET RENT LEAVING TREMENDOUS
More informationRITE AID. Wilmington, Delaware
RITE AID Wilmington, Delaware 8 0 0 W E S T 4 T H S T R E E T W I L M I N G T O N, D E L A W A R E E X C L U S I V E L Y L I S T E D B Y : INVESTMENT OVERVIEW Marcus and Millichap is pleased to present
More informationFOR SALE SINGLE TENANT NET-LEASED PROPERTY
FOR SALE SINGLE TENANT NET-LEASED PROPERTY Property Features: Rare Walgreens Offering with 10% Rental Increases Triple Net Lease - No Management Strong Investment Grade Credit Rating - S&P BBB rating Walgreens
More informationAbsolute-NNN Lease Recent Construction Store
Actual Property EXCLUSIVE OFFERING: 759 Grapevine Highway, Hurst (DFW), TX 76054 Absolute-NNN Lease Recent Construction Store Table of Contents I. Executive Summary 3 II. Site Plan 4 III. Tenant Overview
More information1 Dorchester, MA Lawrence, MA Ware, MA 01082
Sample NNN Properties for sale from OnlyNNN.com - 800-841-5033. Contact OnlyNNN.com to review additional NNN Properties. Information below is computer generated. Please pardon the typos. 1 Dorchester,
More informationDouglas T. Kinson Director Net Leased Properties Group Dir: (407) Cell: (407)
OFFERING MEMORANDUM Actual Site PRESENTED BY Douglas T. Kinson Director Net Leased Properties Group Dir: (407) 557-3842 Cell: (407) 625-9539 douglas.kinson@marcusmillichap.com Joseph F. Russo Director
More informationHARBOR FREIGHT TOOLS A CORPORATE NET LEASED STORE WITH NEW 10-YEAR EXTENSION GURNEE, IL
HARBOR FREIGHT TOOLS A CORPORATE NET LEASED STORE WITH NEW 10-YEAR EXTENSION GURNEE, IL Overview HARBOR FREIGHT TOOLS 3550 GRAND AVE, GURNEE, IL 60031 $1,905,001 PRICE 6.75% CAP LEASEABLE SF 20,574 SF
More informationWalmart Neighborhood Market Baton Rouge MSA
Rendering Images Walmart Neighborhood Market Baton Rouge MSA TABLE OF CONTENTS TABLE OF CONTENTS I. Executive Profile Executive Summary Investment Highlights Property Overview II. Location Overview Photographs
More informationFOR SALE Former Bank Branch-8615 Collier Blvd.
FOR SALE Former Bank Branch-8615 Collier Blvd. NAPLES, FLORIDA 34114 PRESENTED BY Paul Rutledge First Vice President +1 813 273 8471 +1 941 228 2198 cell paul.rutledge@cbre.com Kelsey Cansler Sales Associate
More informationYour Southern California Shopping Center Management & Leasing Partner. Signalized Intersection of Washington Blvd. + Greenwood Ave. AREA AMENITIES...
CENTERS BUSINESS MANAGEMENT Your Southern California Shopping Center Management & Leasing Partner NEWER CORNER RETAIL SHOPPING CENTER IN PRIME MONTEBELLO for sale NEIGHBORING RETAILERS Signalized Intersection
More informationSTARBUCKS COFFEE State Highway 305 Poulsbo, WA 98370
PUGET SOUND LIBERTY BAY POULSBO NE HOSTMARK ST STATE HIGHWAY 305 PAUL SLEETH Executive Vice President Direct Line: +1 206 223 1266 paul.sleeth@colliers.com BILLY SLEETH Executive Vice President Direct
More informationMARKETING POSITIONING AND PRICING ANALYSIS WALGREENS SULPHUR, LOUISIANA. Representative Photo
MARKETING POSITIONING AND PRICING ANALYSIS WALGREENS SULPHUR, LOUISIANA Disclaimer Statement. THIS IS NOT AN APPRAISAL: This Real Estate Broker s Opinion of Value is intended for the sole and exclusive
More information1730 PACIFIC COAST HIGHWAY, LOMITA, CA 90717
SINGLE TENANT 20 YEAR NET LEASED PROPERTY FOR SALE 1730 PACIFIC COAST HIGHWAY, LOMITA, CA 90717 EXCLUSIVELY MARKETED BY MICHAEL GRANNIS Lic. 01393628 Phone: 310-379-2228 ex 2 mike.grannis@highlandpartnerscorp.com
More informationLos Angeles Basin Retail Market Continues To Witness Decreasing Vacancy Rates
RETAIL GREATER LOS ANGELES BASIN MARKET REPORT Continues To Witness Decreasing Vacancy Rates MARKET INDICATORS - VACANCY 6.0% NET ABSORPTION 1,605,200 CONSTRUCTION 2,111,970 RENTAL RATE $2.03 P NNN UNEMPLOYMENT
More informationOFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
VENTURA COUNTY OFFICE THIRD QUARTER 217 QUICK STATS Direct Vacancy 13.9% Overall Vacancy 14.3% Lease Rate FSG $2.25 Gross Absorption Under Construction MARKET TRENDS Current Quarter 34,43 SF 18,112 SF
More informationSINGLE TENANT NET LEASED PORTFOLIO*
BAY CITY, MI SINGLE TENANT NET LEASED PORTFOLIO* *ALSO AVAILABLE INDIVIDUALLY Exclusively Marketed By Introduction - Disclaimer This Investment Offering Memorandum has been prepared by Thomas Company and
More informationCHASE BANK. Offering Memorandum Panama Ln Bakersfield, CA P R E S E N T E D B Y
Offering Memorandum P R E S E N T E D B Y Bobby Rich Vice President Investments Associate Director - National Retail Group Sacramento Office Tel: (916) 724-1441 Fax: (916) 724-1410 bobby.rich@marcusmillichap.com
More informationFIRESTONE RENTON Triple Net Lease Opportunity
Capital Markets Investment Properties FIRESTONE RENTON Triple Net Lease Opportunity 17808 108th Avenue SE Renton, Washington FirestoneRenton.com EXCLUSIVELY MARKETED BY Dino A. Christophilis Senior Vice
More informationSUBJECT PROPERTY FAMILY DOLLAR CONCHO, AZ
SUBJECT PROPERTY FAMILY DOLLAR CONCHO, AZ Overview FAMILY DOLLAR 16 CR 5064, CONCHO, AZ 85924 $1,140,368 PRICE 7.60% CAP LEASEABLE SF 8,320 SF LEASE EXPIRATION 11/29/2027 LAND AREA 1.18 AC YEAR BUILT 2017
More informationoffering memorandum APPLEBEE S
Representative Photo offering memorandum APPLEBEE S 1325 PLAZA BOULEVARD SANFORD, NC CONTENTS 03 04 06 10 EXECUTIVE SUMMARY FINANCIAL OVERVIEW TENANT OVERVIEW AREA OVERVIEW LISTED BY Steele McDonald Associate
More informationLos Angeles Basin Retail Market Continues To Witness Decreasing Vacancy Rates
RETAIL GREATER LOS ANGELES BASIN MARKET REPORT Continues To Witness Decreasing Vacancy Rates MARKET INDICATORS - VACANCY 6. NET ABSORPTION 588,800 CONSTRUCTION 3,312,470 RENTAL RATE $2.04 P NNN UNEMPLOYMENT
More information479 North Main Street, Grafton, OH 44044
Price: $ 3,435,888 Cap Rate: 7.75% Sample Prototype * Avg. HH income $71,000+ (approx. 38% higher than national avg). * Tenant invested capital improvements including a new asphalt parking lot showing
More informationBurger King Monett, MO
offering memorandum. Burger King Monett, MO $1,551,500 6.00% CAP Rate 20 ~ Tenant Excellent 2% Outparcel Year Absolute NNN Lease 13 Years Remaining Operates 100+ Franchise Restaurants Hard Corner Location
More informationBojangles. Offering Memorandum. Nashville, Tennessee. Representative Photo
Nashville, Tennessee Representative Photo Offering Memorandum TABLE OF CONTENTS: Company Overview 3 Disclaimer 3 Investment Overview Property Highlights 4 Lease Information 5 Regional Map 6 Regional Map
More informationFRANK JERMUSEK, JD PETER COLVIN. JAMES PARSONS Council Chair Of Single Tenant Investments
SALE OVERVIEW PROPERTY DESCRIPTION SALE PRICE: $1,308,976 CAP RATE: 6.7% NOI: $87,701 BUILDING SIZE: 9,100 SF The SVN Colvin Team and SVN Southland Commercial are pleased to present this Absolute Triple
More informationSUNNYMEAD AUTO WASH SALE LEASEBACK
SUNNYMEAD AUTO WASH SALE LEASEBACK 24055 SUNNYMEAD BLVD MORENO VALLEY, CA 92553 Peter Colvin Council Chair of Single Tenant Investments 616.893.1398 peter.colvin@svn.com SVN SILVERI COMPANY 580 CASCADE
More informationFOR SALE th Ave San Diego, CA
FOR SALE 3737 5th Ave San Diego, CA VICTOR KREBS Senior Vice President Lic #: 01114335 (858) 677 5334 COLLIERS INTERNATIONAL 4350 La Jolla Village Dr, Suite 500 San Diego, CA 92122 +1.858.455.1515 colliers.com/sandiego
More informationwatermarke shopping center
watermarke shopping center Value Add Northern california strip center 900 B Street, Marysville, CA 95901 For more info on this opportunity please contact: Gregg Steele gsteele@capitalpacific.com (415)
More information