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9570 Fields Ertel Road, Loveland, OH , 45140
  • Size SF 128,506
  • Built/Renov2000
  • Price/SF$73
  • Lease Start03-25-2022
  • Rent/SF$6.74
  • Lease Type Abs NNN
  • Lot/AC13.74
  • Pop 5MI139,797

9,361,578

  • Cap Rate 9.25%
  • NOI $865,946
  • R. Term/Yrs 12.10
  • Guarantor Corp Rated
  • # Units 262
  • Recent renovation

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • Corporate Guarantee

  • Credit rated company

  • ...
  • At Home has 12+ years remaining on the current lease term with 4 (5-year) options to extend
  • The lease features 2% annual rent escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant At Home
  • Guarantor Corp Rated
  • #Units 262
  • Moody's/S&P Caa1/ CCC+
  • Stock Private

At Home Stores LLC, dba At Home, is an American chain of home decor stores. With an average footprint of 110,000 square feet, At Home offers up to 50,000 home products including furniture, mirrors, rugs, art housewares, tabletop, patio and seasonal decor, and much more. Founded in 1979 in Schertz, Texas as Garden Ridge Pottery, then later renamed simply Garden Ridge, all stores were converted to the At Home brand and floor plan in 2014, replacing the characteristic orange of Garden Ridge and rebranding in the soft blue and gray At Home logo’s color palette. The company went public in 2016, and in July 2021 was acquired by private equity firm Hellman & Friedman for $2.8B. The company has experienced steady growth with more than 260 locations across 40 states, with 77 new locations opened over the past three fiscal years. On average At Home locations average an estimated $8 million in net sales annually. For the first fiscal quarter of 2022, At Home Group Inc. reported total revenue of $537.1M, a 183% increase year-over-year. The company is headquartered in Plano, Texas.

Hellman and Friedman is one of the most successful investment organizations in the private equity industry. Founded in 1984, the firm has raised more than $35B of committed capital and invested in more than 80 companies. They are the parent company to over 75 brands such as Caliber Collision, Grocery Outlet, Athena Health, Getty Images, LPL Financial, and many others. They are headquartered in San Francisco, CA.

...
7055 North Blythe Avenue, Fresno, CA , 93722
  • Size SF 9,990
  • Built/Renov2024
  • Price/SF$567
  • Lease Start06-01-2024
  • Rent/SF$40.55
  • Lease Type NN+
  • Lot/AC1.07
  • Pop 5MI178,611

5,661,000

  • Cap Rate 7.16%
  • NOI $405,095
  • R. Term/Yrs 20.0
  • Guarantor Corporate
  • # Units 400
  • New construction

  • Build to suit

  • Near major nationals

  • Strategically located

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 20+ yr lease

  • Favorable NN+ lease

  • Corporate Guarantee

  • ...
  • Brand new 2024 construction
  • The Learning Experience recently executed a brand new 20-year lease with 2 (5-year) options to extend
  • The lease features 6% rental escalations throughout the initial term and option periods
  • Favorable NN+ lease with landlord responsible for roof and structure
  • Corporate guaranteed lease
  • Tenant The Learning Experience
  • Guarantor Corporate
  • #Units 400
  • Stock Private

The Learning Experience is an early childcare chain that develops and implements ground-breaking care and early childhood education programs throughout the country. 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 400 locations have opened since each 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.

...
8830 High Pointe Drive, Newburgh, IN , 47630
  • Size SF 10,000
  • Built/Renov2024
  • Price/SF$227
  • Lease Start07-01-2024
  • Rent/SF$15.90
  • Lease Type Double NN
  • Lot/AC1.24
  • Pop 5MI69,950

2,271,430

  • Cap Rate 7.00%
  • NOI $159,000
  • R. Term/Yrs 10.1
  • Guarantor Corp T + R
  • # Units 16,700
  • New construction

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Affluent AHHI $100K 5 Mi

  • Brand new lease

  • Long 10+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Brand new 2024 construction 
  • Dollar Tree will be executing a brand new 10-year lease with 4 (5-year) options to extend
  • The lease features $0.50/PSF escalations at the start of each option period
  • Corporate guarantee | Investment grade tenant
  • 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 acquired 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 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.

...
405 East Cornwallis Drive, Greensboro, NC , 27405
  • Size SF 3,670
  • Built/Renov1973/2023
  • Price/SF$677
  • Lease Start05-30-2023
  • Rent/SF$40.60
  • Lease Type Double NN
  • Lot/AC0.87
  • Pop 5MI184,742

2,483,400

  • Cap Rate 6.00%
  • NOI $149,000
  • R. Term/Yrs 9.0
  • Guarantor Corp T + R
  • # Units 38,038
  • Recent renovation

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Shopping Ctr out-parcel

  • Top 100 MSA

  • Strong demographics

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Starbucks has 9 years remaining on the current lease term with 6 (5-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • 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.

...
6050 Caton Farm Road, Joliet, IL , 60586
  • Size SF 3,500
  • Built/Renov2019
  • Price/SF$772
  • Lease Start02-01-2019
  • Rent/SF$50.19
  • Lease Type Modified Gross
  • Lot/AC0.94
  • Pop 5MI161,917

2,703,000

  • Cap Rate 6.50%
  • NOI $175,670
  • R. Term/Yrs 9.8
  • Guarantor Corporate
  • # Units 55
  • Build to suit

  • Near major nationals

  • Strategically located

  • Freeway close

  • Strong tenant synergy

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • New development zone

  • Corporate Guarantee

  • ...
  • Physicians Immediate Care has 9+ years remaining on Modified NNN lease with 2 (5-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • Corporate guaranteed lease
  • Tenant Physicians Immediate Care
  • Guarantor Corporate
  • #Units 55
  • Stock Private

Physicians Immediate Care is a Midwest leader in urgent care and occupational health services offering walk-in services to patients. Most clinics are open seven days a week, up to 12 hours a day, to treat non-life-threatening illnesses and injuries. The company was founded in 1987.in Rockford, IL, and was acquired by WellNow Urgent Care, part of TAG The Aspen Group, in 2022. The company operates 55 locations across Illinois, Wisconsin, and Indiana, Physicians Immediate Care is headquartered in Rosemont, IL.

The Aspen Group (TAG) formerly Aspen Dental Management, Inc provides administrative and business support services to its subsidiaries. Founded in 1998, the company originally started in the dental field, with each Aspen Dental-branded practice owned and operated by a licensed dentist. TAG is owned by private equity firms Leonard Green and Partners and Ares Management. The new positioning better represents the company's rapid expansion beyond the dental industry, into a variety of healthcare businesses – including Aspen Dental, Chapter, WellNow, AZPetVet, and ClearChoice across its five businesses, TAG now supports more than 1,300 locations in 45 states nationwide employing more than 20,000 people. TAG is headquartered in Chicago, IL.

...
9014 East 21st Street, Tulsa, OK , 74129
  • Size SF 24,370
  • Built/Renov2006
  • Price/SF$179
  • Lease Start04-01-2021
  • Rent/SF$13.85
  • Lease Type Modified Gross
  • Lot/AC4.04
  • Pop 5MI202,953

4,354,000

  • Cap Rate 7.75%
  • NOI $337,437
  • R. Term/Yrs 6.10
  • Guarantor Corp Rated
  • # Units 700
  • Build to suit

  • In location for years

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Long operation history

  • Investment grade tenant

  • Over 500 units backed

  • Credit rated company

  • ...
  • U.S. Fish and Wildlife Service has been operating in this location since 2006

  • The tenant has 6+ years remaining on the current lease term with no options to extend
  • Lease guaranteed by the full faith and credit of the U.S. Government (S&P: AA+)
  • Tenant U.S. Fish and Wildlife Service
  • Guarantor Corp Rated
  • #Units 700
  • Moody's/S&P Aaa/ AA+
  • Stock Private

The United States Fish and Wildlife Service (USFWS) is an agency of the Federal Government within the U.S Department of the Interior dedicated to the management of fish, wildlife, and natural habitats. The mission of the agency is working with others to conserve, protect, and enhance fish, wildlife, plants and their habitats for the continuing benefit of the American people. Among the responsibilities of the FWS are enforcing federal wildlife laws, protecting endangered species, managing migratory birds, restoring nationally significant fisheries, conserving and restoring wildlife habitat, such as wetlands, helping foreign governments with their international conservation efforts, and distributing money to states’ fish and wildlife agencies through the Wildlife Sport Fish and Restoration program. The agency was formed in 1940 and operates eight regional offices, and nearly 700 field offices distributed throughout the United States, employing approximately 8,000 people. USFWS has an operating budget of $401B for 2024. The agency is headquartered in Falls Church, VA.

...
3500 Wabash Avenue, Springfield, IL , 62711
  • Size SF 18,693
  • Built/Renov2011
  • Price/SF$170
  • Lease Start04-01-2023
  • Rent/SF$14.45
  • Lease Type Modified Gross
  • Lot/AC1.69
  • Pop 5MI85,765

3,180,000

  • Cap Rate 8.50%
  • NOI $270,146
  • R. Term/Yrs 3.10
  • Guarantor Corp Rated
  • # Units 4,500
  • Recent renovation

  • Build to suit

  • Affluent suburb location

  • Over 2000 units backed

  • Corporate Guarantee

  • Investment grade tenant

  • Credit rated company

  • ...
  • Recent 2023 renovations
  • U.S. Department of Agriculture has 3+ years remaining on the current lease term with no options to extend
  • Mission critical State Executive Director Office that serves 93 offices located in all Illinois County seats
  • Backed by the U.S. Government (S&P: AA+)
  • Tenant U.S. Dept of Argriculture
  • Guarantor Corp Rated
  • #Units 4,500
  • Moody's/S&P Aaa/ AA+
  • Stock Private

The United States Department of Agriculture (USDA) is an executive department of the United States federal government that aims to meet the needs of commercial farming and livestock food production, promotes agricultural trade and production, works to assure food safety, protects natural resources, fosters rural communities and works to end hunger in the United States and internationally. It is headed by the secretary of agriculture, who reports directly to the president of the United States and is a member of the president's Cabinet. The agency was founded in 1862 and operates 29 agencies and offices with nearly 100,000 employees who serve the American people at more than 4,500 locations across the country and abroad. USDA has an operating budget of $213B for 2024. The agency is headquartered in Washington, D.C.

...
610 Reeve Drive, Waunakee, WI , 53597
  • Size SF 1,848
  • Built/Renov2001
  • Price/SF$506
  • Lease Start11-01-2018
  • Rent/SF$36.71
  • Lease Type Abs NNN
  • Lot/AC0.30
  • Pop 5MI25,610

935,606

  • Cap Rate 7.25%
  • NOI $67,831
  • R. Term/Yrs 4.5
  • Guarantor Franchisee
  • # Units 1
  • Build to suit

  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Absolute NNN

  • Accelerated depreciation

  • Annual rent increases

  • Personal guarantee

  • ...
  • Super Lube has been operating in this location since 2006
  • The tenant has 4+ years remaining on the current lease term with 1 (10-year) options to extend
  • The lease features 2% annual rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Lease guarantee by Gleisner Enterprises
  • Tenant Super-Lube
  • Guarantor Franchisee
  • #Units 1
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: DRVN

Super-Lube is an automotive service chain offering oil changes and various other services. Besides oil changes, Super-Lube facilities offer a wide range of services including fuel systems and transmission maintenance, batteries, belts, and wiper services in addition to car wash services at some locations. The company was founded in 1980 in the Tallahassee area of Florida and has since grown to 41 corporate stores and 11 franchise stores spanning Florida, Alabama, Illinois, and Wisconsin, Super-Lube also operates eight Super-Splash Car Washes in Florida and Wisconsin, along with five Auto & Tire Super-Service Centers in the Tallahassee area. The company was acquired by Take 5 Oil Change in 2019. Super-Lube is headquartered in Rochelle, IL.

 

...
Ellis Road & Feeney Street, North Carolina , 27703
  • Size SF 2,778
  • Built/Renov2024
  • Price/SF$920
  • Lease Start02-15-2024
  • Rent/SF$41.40
  • Lease Type Abs NNN
  • Lot/AC1.40
  • Pop 5MI169,176

2,556,000

  • Cap Rate 4.50%
  • NOI $115,000
  • R. Term/Yrs 19.9
  • Guarantor Corp T + R
  • # Units 346
  • New construction

  • Signalized intersection

  • Near major nationals

  • Strategically located

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 15+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Brand new 2024 construction
  • First Bank National recently executed a brand new 20-year ground lease with 4 (5-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guarantee | Investment grade tenant
  • Tenant First National Bank
  • Guarantor Corp T and Rated
  • #Units 346
  • Moody's/S&P Baa2/ BBB-
  • Stock NYSE: FNB

FNB Corporation (NYSE: FNB) is a diversified financial services company and the holding company for its largest subsidiary, FIrst National Bank. Through its subsidiary network led by First National Bank of Pennsylvania, FNB provides a full range of commercial banking, consumer banking and wealth management solutions. Founded in 1864 under the name The First National Bank of West Greenville, and in 1974 FNB Corporation was established as a financial services holding company. In 2003 the company began trading common shares on the NYSE, and as of 2017, they were the second largest bank based in Pennsylvania, by assets. Today, FNB has total assets of nearly $46B and over 350 banking offices throughout 7 states and the District of Columbia. The company reported a 2023 revenue of $1.57B, has a current market cap of $5B (Mar 2024) and is ranked by Forbes for the third consecutive year as one of the World’s Best Banks, based on consumer feedback. In 2019 the company announced it would move its current corporate headquarters operation in the Pittsburgh North Shore to a new 26-story building in downtown Pittsburgh called FNB Financial Center.

...
1305 Crystal Lane, Chaska, MN , 55318
  • Size SF 4,809
  • Built/Renov1998
  • Price/SF$367
  • Lease Start10-01-2010
  • Rent/SF$24.79
  • Lease Type Abs NNN
  • Lot/AC0.67
  • Pop 5MI95,083

1,766,341

  • Cap Rate 6.75%
  • NOI $119,228
  • R. Term/Yrs 6.4
  • Guarantor Corporate
  • # Units 470
  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Highway close

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Long operation history

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Big O Tires has 6+ years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Big O Tires
  • Guarantor Corporate
  • #Units 470
  • Stock Private

Big O Tires is an automotive repair and retail service provider of automotive solutions, which offers an extensive array of services including tire services and repair, routine auto services and fluids, car batteries, brake repair, wheel alignment, and more. Founded in 1962, in 1996 the company joined with TBC Corporation, one of the largest marketers of automotive replacement tires. Today, Big O Tires operates over 470 locations in 25 states. TBC Corporation is the parent company of Big O Tires.

TBC Corporation is one of North America’s largest marketers of automotive replacement tires , and operates a supply chain network with more than 100 distribution centers across the United States. The brands underneath TBC Corporation include Big O Tires, Midas, National Tire Wholesale, TBC Brands, TBC de Mexico, and TBC International. The company operates over 2,000 locations and employs over 9,000 people across North America and Mexico. The company is headquartered in Palm Beach Gardens, FL.

...
15050 Southfield Road, Allen Park, MI , 48101
  • Size SF 4,488
  • Built/Renov2003
  • Price/SF$507
  • Lease Start11-01-2003
  • Rent/SF$26.60
  • Lease Type Abs NNN
  • Lot/AC1.10
  • Pop 5MI288,291

2,275,000

  • Cap Rate 5.25%
  • NOI $119,381
  • R. Term/Yrs 4.5
  • Guarantor Corp Traded
  • # Units 1,709
  • In location for years

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Long operation history

  • Absolute NNN

  • Corporate Guarantee

  • Publicly traded company

  • ...
  • Krispy Kreme has been operating in this location since 2003
  • The tenant has 4+ years remaining on the current ground lease term with 2 (5-year) options to extend
  • The lease features CPI increases at the start of each option period
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Krispy Kreme
  • Guarantor Corp Traded
  • #Units 1,709
  • Stock NASDAQ: DNUT

Krispy Kreme, Inc. (NASDAQ: DNUT) is an American multinational doughnut company and coffeehouse chain. The company is one of the most beloved and well-known sweet treat brands in the world. Their iconic Original Glazed doughnut is universally recognized for its hot-off-the-line, melt-in-your-mouth experience. Founded in 1937, the chain began as a single location that sold yeast-raised donuts to local grocery stores. In 2016, the company was acquired by German investment firm, JAB Holding Company, for $1.35B. In 2018, Krispy Kreme acquired bakery chain Insomnia Cookies, which continues to operate independently. In July 2021, Krispy Kreme became publicly traded again. As of January 2023, the company operated more than 1,700 Krispy Kreme shops and over 230 Insomnia Cookies-branded shops in approximately 30 countries worldwide. The company had a 2022 market cap of $1.72B and a revenue of $1.52B. The company is headquartered in Charlotte, NC.

JAB Holding Company is a privately held group focused on long-term investments in companies with premium brands. Established in 2012, their investment partnerships operate in the areas of consumer goods, forestry, coffee, luxury fashion, animal health, and fast food, among others. The company owns brands such as Coty, Krispy Kreme, Caribou Coffee, Einstein Bros Bagels, Espresso House, Panera Bread, Peet’s Coffee, Pret a Manger, and Dr Pepper Snapple Group. It also owns a minority stake in a few other companies. In 2021, JAB’s investment portfolio had a net profit of $5.1B. As of the end of 2022, they have over $50B of managed capital. JAB Holding Group is headquartered in Luxembourg, Germany.

...
856 Rockville Pike, Rockville, MD , 20852
  • Size SF 4,795
  • Built/Renov1970/2020
  • Price/SF$850
  • Lease Start02-20-2020
  • Rent/SF$46.72
  • Lease Type Double NN
  • Lot/AC0.30
  • Pop 5MI341,402

4,075,000

  • Cap Rate 5.50%
  • NOI $224,044
  • R. Term/Yrs 10.9
  • Guarantor Corp T + R
  • # Units 4,931
  • Recent renovation

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Long 10+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Sherwin-Williams has 10+ years remaining on the current lease term with 2 (5-year) options to extend
  • The lease features 15% rental escalations throughout the initial term and option periods
  • Limited landlord responsibilities 
  • Corporate guarantee | Investment grade tenant
  • Tenant Sherwin-Williams
  • Guarantor Corp T and Rated
  • #Units 4,931
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: SHW

The Sherwin-Williams Company (NYSE: SHW) is an American Fortune 500 company in the general building materials industry. Founded by Henry Sherwin and Edward Williams in 1866, the company operates through four segments: Paint Stores Group (known as Sherwin-Williams Stores), Consumer Group, Latin America Coatings Group, and Global Finishes Group. The company primarily engages in the manufacturing, distribution, and sale of paints, coatings, and related products to professional, industrial, commercial, and retail customers. Sherwin-Williams branded products are sold exclusively through a chain of more than 4,931 company-operated stores and facilities in the U.S., Canada, the Caribbean, and Latin America. Sherwin-Williams currently holds an investment grade credit rating of BBB from Standard & Poor’s and a long-term rating of Baa2 from Moody’s. Reported revenue for 2023 was $23.05B and their 2023 market cap was $79.83B. Sherwin-Williams is headquartered in Cleveland OH.

...
1297 West Pitt Street, Jennerstown, PA , 15547
  • Size SF 8,125
  • Built/Renov2004
  • Price/SF$83
  • Lease Start02-01-2024
  • Rent/SF$6.65
  • Lease Type Double NN
  • Lot/AC3.35
  • Pop 5MI6,055

675,000

  • Cap Rate 8.00%
  • NOI $54,000
  • R. Term/Yrs 3.9
  • Guarantor Corp T + R
  • # Units 19,986
  • Build to suit

  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Highway close

  • Long operation history

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Dollar General has 3+ years remaining on the current lease term with 2 (5-year) options to extend
  • The lease features 8% rental escalations at the start of each option period
  • 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.

...
15 Railroad Street, Ashland, PA , 17921
  • Size SF 8,579
  • Built/Renov2004
  • Price/SF$89
  • Lease Start02-01-2024
  • Rent/SF$7.10
  • Lease Type Double NN
  • Lot/AC0.85
  • Pop 5MI18,371

761,000

  • Cap Rate 8.00%
  • NOI $60,900
  • R. Term/Yrs 4.9
  • Guarantor Corp T + R
  • # Units 19,986
  • Build to suit

  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Freeway close

  • Long operation history

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Dollar General has 4+ years remaining on the current lease term with 2 (5-year) options to extend
  • The lease features 2.5% rental escalations at the start of each option period
  • Limited landlord responsibilities 
  • 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.

...
825 East Broadway, Mayfield, KY , 42066
  • Size SF 10,500
  • Built/Renov2024
  • Price/SF$170
  • Lease Start02-01-2024
  • Rent/SF$12.52
  • Lease Type Double NN
  • Lot/AC1.20
  • Pop 5MI17,581

1,788,571

  • Cap Rate 7.35%
  • NOI $131,460
  • R. Term/Yrs 9.10
  • Guarantor Corp T + R
  • # Units 1,200
  • New construction

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Highway location

  • Strong tenant synergy

  • Brand new lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Brand new 2024 construction
  • Tenant recently executed a brand new 10-year lease term with 4 (5-year) options to extend
  • The lease features $0.50/PSF rental escalations at the start of each option period
  • Corporate guarantee | Investment grade tenant
  • Tenant Family Dollar | Dollar Tree
  • Guarantor Corp T and Rated
  • #Units 1,200
  • 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.

Dollar Tree (NASDAQ: DLTR) ranked 137 on the Fortune 500 list, is a leading operator of discount variety stores. They operate more than 16,000 stores across the 48 contiguous states and five Canadian provinces, under the brands Dollar Tree and Family Dollar. Dollar Tree has a current market cap of $29.58B. The company has an investment grade credit rating of BBB, and revenue for 2022 was $26.31B. Dollar Tree is headquartered in Chesapeake, VA.

Combo stores bring the best of Dollar Tree (seasonal, party, crafting) and Family Dollar (savings on family essentials) together under one convenient roof. The new store concept was initially rolled out in small, rural towns across the country that had limited retail operations. Due to its success, the concept is expanding past just small towns. The company ended 2023 with approximately 1,200 Combo stores opened with plans to continue growing over the coming years.

...
8950 East Kings Highway, Shreveport, LA , 71115
  • Size SF 20,043
  • Built/Renov1998
  • Price/SF$279
  • Lease Start03-18-2022
  • Rent/SF$17.44
  • Lease Type Abs NNN
  • Lot/AC3.50
  • Pop 5MI99,554

5,593,190

  • Cap Rate 6.25%
  • NOI $349,574
  • R. Term/Yrs 12.10
  • Guarantor Corporate
  • # Units 15
  • Build to suit

  • Oversized lot

  • Near major nationals

  • Strategically located

  • Affluent suburb location

  • Major MSA

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • St. Joseph Hospice has 12+ years remaining on the current lease term with 2 (5-year) options to extend
  • The lease features 2% annual rental escalations throughout the initial term and option periods
  • Part of a portfolio of 11 health care properties that may be purchased individually
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant St. Joseph Hospice
  • Guarantor Corporate
  • #Units 15
  • Stock Private

St Joseph Hospice, along with The Carpenter House of St Joseph Hospice, operates free-standing inpatient hospice facilities across the southern United States. This division of The Carpenter Health Network offers patients a full range of hospice services within care homes that provide around-the-clock skilled nurses. Originally founded in 2002, St Joseph Hospice is licensed by the State of Louisiana and is Medicare-certified. Founded in 2008 in Baton Rouge, Louisiana, The Carpenter House provides the St Joseph Hospice network with home-like inpatient hospice facilities for end-of-life care and symptom management. As of early 2024, St. Joseph Hospice operated 15 offices (9 LA, 4 MS, 1 AL, 1 TX) and The Carpenter House operated 5 locations (4 LA, 1 MS); both predominantly in Louisiana.

The Carpenter Health Network (“Carpenter Health”) is a post-acute healthcare network that serves six southeastern states. Carpenter Health’s multidisciplinary, highly-trained medical professionals provide a full continuum of care including home health, skilled nursing, rehabilitation, assisted living, hospice care, medical house calls, and much more. The healthcare network owns and operates Homedica HouseCalls (8), St Joseph Hospice (15) | The Carpenter House (5), STAT Home Health (15), AIM Palliative Home Health (16), SAGE Rehabilitation Hospital Outpatient Services and Sage Specialty Hospital (LTAC). Their inpatient and outpatient rehabilitation services also include Centerpoint Healthcare and Rehabilitation, Capitol House Nursing and Rehabilitation, Mid City Community Nursing & Rehab as well as Companion Home Services. The Carpenter Health Network is a well-established healthcare operator with 50+ locations across the south in Texas, Arkansas, Louisiana, Mississippi, Alabama, and Florida. The revenue generated and net worth of the private company are unknown. The Carpenter Health Network is headquartered in Baton Rouge, Louisiana.

...
17500 West Capitol Drive, Brookfield, WI , 53045
  • Size SF 13,888
  • Built/Renov2018
  • Price/SF$358
  • Lease Start06-01-2018
  • Rent/SF$21.49
  • Lease Type Double NN
  • Lot/AC1.27
  • Pop 5MI111,943

4,975,000

  • Cap Rate 6.00%
  • NOI $298,475
  • R. Term/Yrs 9.0
  • Guarantor Corp T + R
  • # Units 4,171
  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Top 100 MSA

  • Strong demographics

  • Annual rent increases

  • Traded and rated company

  • Over 2000 units backed

  • Corporate Guarantee

  • ...
  • Fresenius has 9 years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features 1.7% annual rental escalations throughout the initial term and option periods
  • Landlord responsibilities consist of roof, structure, CAM, HVAC, & Insurance | Landlord is to be reimbursed for all insurance + operating expenses
  • Corporate guaranteed lease
  • Tenant Fresenius Medical Care
  • Guarantor Corp T and Rated
  • #Units 4,171
  • Moody's/S&P Baa3/ BBB-
  • Stock NYSE: FMS

Fresenius Medical Care AG & Co. KGaA is a German healthcare company that provides kidney dialysis services through a network of 4,171 outpatient dialysis centers, serving 345,425 patients. Fresenius also develops and manufactures various dialysis healthcare products and non-dialysis products. North America is Fresenius Medical Care's largest market by far. Founded in 1996, the company operates more than 2,500 of its dialysis clinics there and treats more than 211,000 patients. Fresenius is traded as NYSE: FMS, with an investment grade credit rating of S&P/ Moody's BBB-/Baa3 respectively. 2023 the company’s market cap was $13.36B, and its revenue was $21.10B. The company is 32% owned by Fresenius SE & Co. KGaA and is headquartered in Bad Homburg vor der Hohe, Germany.

Fresenius SE & Co. KGaA is a European multinational healthcare company that provides products and services for dialysis, in hospitals and inpatient and outpatient medical care. It is involved in hospital management, engineering, and services for medical centers and other healthcare facilities. Fresenius operates in four divisions: Fresenius Medical Care, Fresenius Helios, Fresenius Kabi, and Fresenius Vamed. The company is headquartered in Bad Homburg, Germany, and its North American headquarters is in Waltham, MA.

...
435 East Merritt Island Causeway, Merritt Island, FL , 32952
  • Size SF 6,119
  • Built/Renov2024
  • Price/SF$1,040
  • Lease Start09-01-2024
  • Rent/SF$45.76
  • Lease Type Abs NNN
  • Lot/AC2.34
  • Pop 5MI88,454

6,364,000

  • Cap Rate 4.40%
  • NOI $280,000
  • R. Term/Yrs 20.3
  • Guarantor Corporate
  • # Units 1,032
  • New construction

  • Build to suit

  • Major thoroughfare

  • Near major nationals

  • Top 100 MSA

  • Affluent suburb location

  • Income tax free state

  • Long 20+ yr lease

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Brand new 2024 construction
  • Brand new 20-year ground lease with 6 (5-year) options to extend
  • The lease features 7% rental escalations starting in lease year 11 and at the beginning of each option period
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 1,032
  • 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 750 offering gasoline), most Wawa locations are open 24 hours a day, 365 days a year. Wawa employs over 35,000 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.

...
1829 Old Spanish Trail, Slidell, LA , 70458
  • Size SF 2,765
  • Built/Renov2024
  • Price/SF$723
  • Lease Start07-01-2024
  • Rent/SF$37.97
  • Lease Type Abs NNN
  • Lot/AC0.78
  • Pop 5MI79,901

2,000,000

  • Cap Rate 5.25%
  • NOI $105,000
  • R. Term/Yrs 20.1
  • Guarantor Franchisee
  • # Units 190
  • New construction

  • Dense retail corridor

  • Near major nationals

  • Freeway close

  • Top 100 MSA

  • Affluent suburb location

  • Brand new lease

  • Long 20+ yr lease

  • Absolute NNN

  • 100+ unit franchisee backed

  • ...
  • Brand new 2024 construction
  • Burger King will be executing brand new 20-year lease with 4 (5-year) options to extend
  • The lease features 8% rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Lease guaranteed by GPS Hospitality Partners (190-unit operator)
  • Tenant Burger King
  • Guarantor Franchisee
  • #Units 190
  • Stock NYSE: QSR

Burger King is the second-largest fast-food hamburger chain in the world. Their menu features their signature Whopper and Whopper Jr. hamburgers, in addition to chicken sandwiches, breakfast sandwiches, and platters, sides, and beverages. Founded in 1954 in Jacksonville, FL as Insta-Burger King, the chain is now a subsidiary of Toronto-based Restaurant Brands International. Today, Burger King has 19,384 locations worldwide and global sales of over $27.02B. Burger King Corporation is headquartered in Miami, FL.

Restaurant Brands International Inc. (NYSE: QSR), or RBI, is an American-Canadian-based multinational fast food holding company, with over 30,000 restaurants operating in over 100 countries. The company’s brands include Burger King, Tim Hortons, and Firehouse Subs. The holding company’s 2022 revenue was reported at $7.02 B an 8% increase to the prior year. The company has a market cap of $35.96B and a long-term credit rating of BB from Standard & Poor’s. RBI is headquartered in Toronto, Ontario.

 

...
116 North Walnut Street, Fairmont, NC , 28340
  • Size SF 2,560
  • Built/Renov2024
  • Price/SF$717
  • Lease Start05-02-2024
  • Rent/SF$37.62
  • Lease Type Abs NNN
  • Lot/AC0.95
  • Pop 5MI7,196

1,835,000

  • Cap Rate 5.25%
  • NOI $96,300
  • R. Term/Yrs 10.0
  • Guarantor Corp T + R
  • # Units 13,532
  • New construction

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Major MSA

  • Brand new lease

  • Long 10+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Brand-new 2024 construction
  • Walgreens recently executed a brand new 10-year lease with 11 (5-year) options to extend
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guarantee | Investment grade tenant
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots. As of December 2023, Walgreens operates approximately 13,500 locations across the U.S., Europe, and Latin America, with over 8,600 retail pharmacies located in the U.S..

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico, and Ahumada in Chile. In 2023, the company’s market cap was over $22.51B and its revenue was $142.40B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa2/BBB- and is headquartered in Deerfield IL.

...
201 Carmichael Way, Chesapeake, VA , 23322
  • Size SF 2,500
  • Built/Renov2023
  • Price/SF$1,290
  • Lease Start09-14-2023
  • Rent/SF$70.99
  • Lease Type NN+
  • Lot/AC2.04
  • Pop 5MI60,662

3,225,000

  • Cap Rate 5.50%
  • NOI $177,468
  • R. Term/Yrs 14.9
  • Guarantor Corp T + R
  • # Units 38,038
  • New construction

  • Near major nationals

  • Shopping Ctr out-parcel

  • Freeway visibility

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Long 10+ yr lease

  • Favorable NN+ lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • New 2023 construction
  • Starbucks has 14+ years remaining on the current lease term with 6 (5-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • Favorable NN+ lease with landlord responsible for roof and structure
  • Corporate guarantee | Investment grade tenant
  • 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.

...
3077 West Norvell Bryant Highway, Lecanto, FL , 34461
  • Size SF 2,555
  • Built/Renov2024
  • Price/SF$1,306
  • Lease Start07-01-2024
  • Rent/SF$68.54
  • Lease Type Double NN
  • Lot/AC0.94
  • Pop 5MI46,667

3,336,000

  • Cap Rate 5.25%
  • NOI $175,125
  • R. Term/Yrs 10.1
  • Guarantor Corp T + R
  • # Units 38,038
  • New construction

  • Signalized intersection

  • Near major nationals

  • Shopping Ctr out-parcel

  • Income tax free state

  • Brand new lease

  • Long 10+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Brand new 2024 construction
  • Starbucks recently executed a brand new 10-year lease with 6 (5-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • Corporate guarantee | Investment grade tenant
  • 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.

...
Narcoossee Road & McCoy Road, Orlando, FL , 32822
  • Size SF 2,700
  • Built/Renov2024
  • Price/SF$1,816
  • Lease Start07-01-2024
  • Rent/SF$92.59
  • Lease Type Double NN
  • Pop 5MI141,858

4,902,000

  • Cap Rate 5.10%
  • NOI $250,000
  • R. Term/Yrs 10.1
  • Guarantor Corp T + R
  • # Units 38,038
  • New construction

  • Signalized intersection

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Income tax free state

  • Brand new lease

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Brand new 2024 construction
  • Starbucks recently executed a brand new 10-year lease with 6 (5-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • Corporate guarantee | Investment grade tenant
  • 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.

...
Narcoossee Road & McCoy Road, Orlando, FL , 32822
  • Size SF 4,000
  • Built/Renov2024
  • Price/SF$876
  • Lease Start08-01-2024
  • Rent/SF$49.50
  • Lease Type Double NN
  • Pop 5MI141,858

3,504,000

  • Cap Rate 5.65%
  • NOI $198,000
  • R. Term/Yrs 10.2
  • Guarantor Corp Rated
  • # Units 1,012
  • New construction

  • Signalized intersection

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Brand new lease

  • Long 10+ yr lease

  • Corporate Guarantee

  • ...
  • Brand new 2024 construction featuring high-quality materials, high-level finishes & distinct design elements
  • Brand new 10-year lease with 3 (5-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • Corporate guaranteed lease
  • Tenant Pacific Dental Services
  • Guarantor Corp Rated
  • #Units 1,012
  • Stock Private

Pacific Dental Services (PDS) is one of the country’s leading dental and medical support organizations. PDS provides administrative and business operations support, highly skilled staff, and ongoing training and education to help healthcare providers succeed. PDS started in 1994, supporting its first office in Costa Mesa, CA. In 1997, the company grew to more than 20 supported offices, and today the company has grown to support over 4,100 clinicians in over 1,000 practices across 24 states and continues to expand. PDS has been on the Inc. 5000 list of the fastest-growing private companies in America 14 times, exceeding cumulative revenues of over $2 Billion for the first time in the company's 28-year history in 2021. The company is headquartered in Irvine, California.

...
507 Upstream Street, River Ridge, LA , 70123
  • Size SF 10,138
  • Built/Renov2005
  • Price/SF$197
  • Lease Start03-18-2022
  • Rent/SF$12.31
  • Lease Type Abs NNN
  • Lot/AC0.24
  • Pop 5MI191,879

1,997,568

  • Cap Rate 6.25%
  • NOI $124,848
  • R. Term/Yrs 12.10
  • Guarantor Corporate
  • # Units 15
  • Build to suit

  • Near major nationals

  • Strategically located

  • Highway close

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • St. Joseph Hospice has 12+ years remaining on the current lease term with 2 (5-year) options to extend
  • The lease features 2% annual rental escalations throughout the initial term and option periods
  • Part of a portfolio of 11 health care properties that may be purchased individually
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant St. Joseph Hospice
  • Guarantor Corporate
  • #Units 15
  • Stock Private

St Joseph Hospice, along with The Carpenter House of St Joseph Hospice, operates free-standing inpatient hospice facilities across the southern United States. This division of The Carpenter Health Network offers patients a full range of hospice services within care homes that provide around-the-clock skilled nurses. Originally founded in 2002, St Joseph Hospice is licensed by the State of Louisiana and is Medicare-certified. Founded in 2008 in Baton Rouge, Louisiana, The Carpenter House provides the St Joseph Hospice network with home-like inpatient hospice facilities for end-of-life care and symptom management. As of early 2024, St. Joseph Hospice operated 15 offices (9 LA, 4 MS, 1 AL, 1 TX) and The Carpenter House operated 5 locations (4 LA, 1 MS); both predominantly in Louisiana.

The Carpenter Health Network (“Carpenter Health”) is a post-acute healthcare network that serves six southeastern states. Carpenter Health’s multidisciplinary, highly-trained medical professionals provide a full continuum of care including home health, skilled nursing, rehabilitation, assisted living, hospice care, medical house calls, and much more. The healthcare network owns and operates Homedica HouseCalls (8), St Joseph Hospice (15) | The Carpenter House (5), STAT Home Health (15), AIM Palliative Home Health (16), SAGE Rehabilitation Hospital Outpatient Services and Sage Specialty Hospital (LTAC). Their inpatient and outpatient rehabilitation services also include Centerpoint Healthcare and Rehabilitation, Capitol House Nursing and Rehabilitation, Mid City Community Nursing & Rehab as well as Companion Home Services. The Carpenter Health Network is a well-established healthcare operator with 50+ locations across the south in Texas, Arkansas, Louisiana, Mississippi, Alabama, and Florida. The revenue generated and net worth of the private company are unknown. The Carpenter Health Network is headquartered in Baton Rouge, Louisiana.

...
923 West Pinhook Road, Lafayette, LA , 70503
  • Size SF 17,409
  • Built/Renov2016
  • Price/SF$444
  • Lease Start03-18-2022
  • Rent/SF$27.74
  • Lease Type Abs NNN
  • Lot/AC1.60
  • Pop 5MI125,723

7,726,393

  • Cap Rate 6.25%
  • NOI $482,900
  • R. Term/Yrs 12.10
  • Guarantor Corporate
  • # Units 15
  • Build to suit

  • Dense retail corridor

  • Strategically located

  • Highway close

  • Strong demographics

  • Major MSA

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • St. Joseph Hospice has 12+ years remaining on the current lease term with 2 (5-year) options to extend
  • The lease features 2% annual rental escalations throughout the initial term and option periods
  • Part of a portfolio of 11 health care properties that may be purchased individually
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant St. Joseph Hospice
  • Guarantor Corporate
  • #Units 15
  • Stock Private

St Joseph Hospice, along with The Carpenter House of St Joseph Hospice, operates free-standing inpatient hospice facilities across the southern United States. This division of The Carpenter Health Network offers patients a full range of hospice services within care homes that provide around-the-clock skilled nurses. Originally founded in 2002, St Joseph Hospice is licensed by the State of Louisiana and is Medicare-certified. Founded in 2008 in Baton Rouge, Louisiana, The Carpenter House provides the St Joseph Hospice network with home-like inpatient hospice facilities for end-of-life care and symptom management. As of early 2024, St. Joseph Hospice operated 15 offices (9 LA, 4 MS, 1 AL, 1 TX) and The Carpenter House operated 5 locations (4 LA, 1 MS); both predominantly in Louisiana.

The Carpenter Health Network (“Carpenter Health”) is a post-acute healthcare network that serves six southeastern states. Carpenter Health’s multidisciplinary, highly-trained medical professionals provide a full continuum of care including home health, skilled nursing, rehabilitation, assisted living, hospice care, medical house calls, and much more. The healthcare network owns and operates Homedica HouseCalls (8), St Joseph Hospice (15) | The Carpenter House (5), STAT Home Health (15), AIM Palliative Home Health (16), SAGE Rehabilitation Hospital Outpatient Services and Sage Specialty Hospital (LTAC). Their inpatient and outpatient rehabilitation services also include Centerpoint Healthcare and Rehabilitation, Capitol House Nursing and Rehabilitation, Mid City Community Nursing & Rehab as well as Companion Home Services. The Carpenter Health Network is a well-established healthcare operator with 50+ locations across the south in Texas, Arkansas, Louisiana, Mississippi, Alabama, and Florida. The revenue generated and net worth of the private company are unknown. The Carpenter Health Network is headquartered in Baton Rouge, Louisiana.

...
330 Hargrave Road, Lexington, NC , 27292
  • Size SF 4,650
  • Built/Renov2024
  • Price/SF$2,130
  • Lease Start06-01-2024
  • Rent/SF$111.83
  • Lease Type Abs NNN
  • Lot/AC5.30
  • Pop 5MI35,536

9,905,000

  • Cap Rate 5.25%
  • NOI $520,000
  • R. Term/Yrs 15.0
  • Guarantor Corp T + R
  • # Units 83,282
  • New construction

  • Build to suit

  • Strategically located

  • Freeway visibility

  • Top 100 MSA

  • Brand new lease

  • Long 15+ yr lease

  • Accelerated depreciation

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Brand new 2024 construction
  • 7-Eleven recently executed a brand new 15-year lease with 4 (5-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guarantee | Investment grade tenant
  • Tenant 7-Eleven
  • Guarantor Corp T and Rated
  • #Units 83,282
  • Moody's/S&P Baa2/ A
  • Stock OTCMKTS: SVNDY

7-Eleven is the world's largest operator, franchisor, and licensor of convenience stores. It operates, franchises, and/or licenses more than 83,000 stores in 19 countries, including over 12,500 retail locations in the U.S. By acquiring Speedway (2020), the retailer picked up 4,000 more stores in North America, boosting its presence to 47 of the top 50 MSAs. The company's Financial Services segment offers banking, leasing, and credit card services. Its Specialty Store Operations segment operates specialty retail stores. It operates approximately 21,400 stores in Japan. 7-Eleven has an investment-grade credit rating. The company’s market cap is over $37.99B and in 2023 revenue was over $81.33B. The chain was founded in 1927 as an ice-house storefront in Dallas, TX. 7-Eleven is privately owned and as of 1991 is a wholly owned subsidiary of Seven-Eleven Japan Co., Ltd in Tokyo, Japan.

...
1320 Benvenue Road, Rocky Mount, NC , 27804
  • Size SF 4,650
  • Built/Renov2022
  • Price/SF$1,301
  • Lease Start09-01-2022
  • Rent/SF$65.04
  • Lease Type Abs NNN
  • Lot/AC1.61
  • Pop 5MI54,843

6,048,400

  • Cap Rate 5.00%
  • NOI $302,420
  • R. Term/Yrs 13.3
  • Guarantor Corp T + R
  • # Units 83,282
  • New construction

  • Signalized intersection

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Absolute NNN

  • Long 10+ yr lease

  • Accelerated depreciation

  • Traded and rated company

  • Investment grade tenant

  • ...
  • New 2022 construction
  • 7-Eleven has 13+ years remaining on the current lease term with 4 (5-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guarantee | Investment grade tenant
  • Tenant 7-Eleven
  • Guarantor Corp T and Rated
  • #Units 83,282
  • Moody's/S&P Baa2/ A
  • Stock OTCMKTS: SVNDY

7-Eleven is the world's largest operator, franchisor, and licensor of convenience stores. It operates, franchises, and/or licenses more than 83,000 stores in 19 countries, including over 12,500 retail locations in the U.S. By acquiring Speedway (2020), the retailer picked up 4,000 more stores in North America, boosting its presence to 47 of the top 50 MSAs. The company's Financial Services segment offers banking, leasing, and credit card services. Its Specialty Store Operations segment operates specialty retail stores. It operates approximately 21,400 stores in Japan. 7-Eleven has an investment-grade credit rating. The company’s market cap is over $37.99B and in 2023 revenue was over $81.33B. The chain was founded in 1927 as an ice-house storefront in Dallas, TX. 7-Eleven is privately owned and as of 1991 is a wholly owned subsidiary of Seven-Eleven Japan Co., Ltd in Tokyo, Japan.

...
10545 Jefferson Highway, Baton Rouge, LA , 70809
  • Size SF 2,600
  • Built/Renov1960/2010
  • Price/SF$192
  • Lease Start03-18-2022
  • Rent/SF$12.00
  • Lease Type Abs NNN
  • Lot/AC0.53
  • Pop 5MI191,260

499,392

  • Cap Rate 6.25%
  • NOI $31,212
  • R. Term/Yrs 12.10
  • Guarantor Corporate
  • # Units 15
  • Build to suit

  • Dense retail corridor

  • Strategically located

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • St. Joseph Hospice has 12+ years remaining on the current lease term with 2 (5-year) options to extend
  • The lease features 2% annual rental escalations throughout the initial term and option periods
  • Part of a portfolio of 11 health care properties that may be purchased individually
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant St. Joseph Hospice
  • Guarantor Corporate
  • #Units 15
  • Stock Private

St Joseph Hospice, along with The Carpenter House of St Joseph Hospice, operates free-standing inpatient hospice facilities across the southern United States. This division of The Carpenter Health Network offers patients a full range of hospice services within care homes that provide around-the-clock skilled nurses. Originally founded in 2002, St Joseph Hospice is licensed by the State of Louisiana and is Medicare-certified. Founded in 2008 in Baton Rouge, Louisiana, The Carpenter House provides the St Joseph Hospice network with home-like inpatient hospice facilities for end-of-life care and symptom management. As of early 2024, St. Joseph Hospice operated 15 offices (9 LA, 4 MS, 1 AL, 1 TX) and The Carpenter House operated 5 locations (4 LA, 1 MS); both predominantly in Louisiana.

The Carpenter Health Network (“Carpenter Health”) is a post-acute healthcare network that serves six southeastern states. Carpenter Health’s multidisciplinary, highly-trained medical professionals provide a full continuum of care including home health, skilled nursing, rehabilitation, assisted living, hospice care, medical house calls, and much more. The healthcare network owns and operates Homedica HouseCalls (8), St Joseph Hospice (15) | The Carpenter House (5), STAT Home Health (15), AIM Palliative Home Health (16), SAGE Rehabilitation Hospital Outpatient Services and Sage Specialty Hospital (LTAC). Their inpatient and outpatient rehabilitation services also include Centerpoint Healthcare and Rehabilitation, Capitol House Nursing and Rehabilitation, Mid City Community Nursing & Rehab as well as Companion Home Services. The Carpenter Health Network is a well-established healthcare operator with 50+ locations across the south in Texas, Arkansas, Louisiana, Mississippi, Alabama, and Florida. The revenue generated and net worth of the private company are unknown. The Carpenter Health Network is headquartered in Baton Rouge, Louisiana.

...
10615 Jefferson Highway, Baton Rouge, LA , 70809
  • Size SF 16,400
  • Built/Renov2008
  • Price/SF$426
  • Lease Start03-18-2022
  • Rent/SF$26.64
  • Lease Type Abs NNN
  • Lot/AC0.57
  • Pop 5MI191,260

6,991,488

  • Cap Rate 6.25%
  • NOI $436,968
  • R. Term/Yrs 12.10
  • Guarantor Corporate
  • # Units 5
  • Build to suit

  • Dense retail corridor

  • Strategically located

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • The Carpenter House | St. Joseph Hospice has 12+ years remaining on the current lease term with 2 (5-year) options to extend
  • The lease features 2% annual rental escalations throughout the initial term and option periods
  • Part of a portfolio of 11 health care properties that may be purchased individually
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant The Carpenter House
  • Guarantor Corporate
  • #Units 5
  • Stock Private

St Joseph Hospice, along with The Carpenter House of St Joseph Hospice, operates free-standing inpatient hospice facilities across the southern United States. This division of The Carpenter Health Network offers patients a full range of hospice services within care homes that provide around-the-clock skilled nurses. Originally founded in 2002, St Joseph Hospice is licensed by the State of Louisiana and is Medicare-certified. Founded in 2008 in Baton Rouge, Louisiana, The Carpenter House provides the St Joseph Hospice network with home-like inpatient hospice facilities for end-of-life care and symptom management. As of early 2024, St. Joseph Hospice operated 15 offices (9 LA, 4 MS, 1 AL, 1 TX) and The Carpenter House operated 5 locations (4 LA, 1 MS); both predominantly in Louisiana.

The Carpenter Health Network (“Carpenter Health”) is a post-acute healthcare network that serves six southeastern states. Carpenter Health’s multidisciplinary, highly-trained medical professionals provide a full continuum of care including home health, skilled nursing, rehabilitation, assisted living, hospice care, medical house calls, and much more. The healthcare network owns and operates Homedica HouseCalls (8), St Joseph Hospice (15) | The Carpenter House (5), STAT Home Health (15), AIM Palliative Home Health (16), SAGE Rehabilitation Hospital Outpatient Services and Sage Specialty Hospital (LTAC). Their inpatient and outpatient rehabilitation services also include Centerpoint Healthcare and Rehabilitation, Capitol House Nursing and Rehabilitation, Mid City Community Nursing & Rehab as well as Companion Home Services. The Carpenter Health Network is a well-established healthcare operator with 50+ locations across the south in Texas, Arkansas, Louisiana, Mississippi, Alabama, and Florida. The revenue generated and net worth of the private company are unknown. The Carpenter Health Network is headquartered in Baton Rouge, Louisiana.

...
13677 Immokalee Road, Naples, FL , 34120
  • Size SF 4,650
  • Built/Renov2024
  • Price/SF$2,357
  • Lease Start05-09-2024
  • Rent/SF$117.86
  • Lease Type Abs NNN
  • Lot/AC2.02
  • Pop 5MI39,492

10,961,000

  • Cap Rate 5.00%
  • NOI $548,029
  • R. Term/Yrs 14.11
  • Guarantor Corp T + R
  • # Units 83,282
  • New construction

  • Build to suit

  • Near major nationals

  • Major MSA

  • Income tax free state

  • Absolute NNN

  • Long 10+ yr lease

  • Accelerated depreciation

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Brand new 2024 construction
  • 7-Eleven recently executed a brand new 15-year lease with 4 (5-year) options to extend
  • The lease features 8% rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guarantee | Investment grade tenant
  • Tenant 7-Eleven
  • Guarantor Corp T and Rated
  • #Units 83,282
  • Moody's/S&P Baa2/ A
  • Stock OTCMKTS: SVNDY

7-Eleven is the world's largest operator, franchisor, and licensor of convenience stores. It operates, franchises, and/or licenses more than 83,000 stores in 19 countries, including over 12,500 retail locations in the U.S. By acquiring Speedway (2020), the retailer picked up 4,000 more stores in North America, boosting its presence to 47 of the top 50 MSAs. The company's Financial Services segment offers banking, leasing, and credit card services. Its Specialty Store Operations segment operates specialty retail stores. It operates approximately 21,400 stores in Japan. 7-Eleven has an investment-grade credit rating. The company’s market cap is over $37.99B and in 2023 revenue was over $81.33B. The chain was founded in 1927 as an ice-house storefront in Dallas, TX. 7-Eleven is privately owned and as of 1991 is a wholly owned subsidiary of Seven-Eleven Japan Co., Ltd in Tokyo, Japan.

...
6023 Andrews Highway, Midland, TX , 79706
  • Size SF 2,160
  • Built/Renov2023
  • Price/SF$1,296
  • Lease Start12-04-2023
  • Rent/SF$74.54
  • Lease Type NN+
  • Lot/AC0.78
  • Pop 5MI55,980

2,800,000

  • Cap Rate 5.75%
  • NOI $161,000
  • R. Term/Yrs 9.9
  • Guarantor Corp T + R
  • # Units 38,038
  • New construction

  • Build to suit

  • Strategically located

  • Freeway visibility

  • Affluent AHHI $100K 5 Mi

  • Income tax free state

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Brand new 2023 construction
  • Starbucks has 9+ years remaining on the current lease term with 4 (5-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • Favorable NN+ lease with landlord responsible for roof and structure
  • Corporate guarantee | Investment grade tenant
  • 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.

...

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