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Broker

Deno Bistolarides

ENCORE Real Estate Investment Services
Managing Partner
  • 32Active Listing
  • 0Under Contract
  • 24Sold Transactions

Deno Bistolarides is a founding member and Managing Partner of Encore Real Estate Investment Services. Along with his partners Brandon Hanna and Ryan Vinco, Deno oversees a team of seasoned investment professionals that focus on advising clients in the acquisition and disposition of net leased and multi-tenant retail assets throughout the United States. In his career, which has spanned over a decade, Deno has advised private clients, developers, institutions and has completed over 400 transactions in 40 states valued at over $1 Billion dollars. His expertise encompasses net leased retail across broad tenant types, sale-leaseback transactions and retail shopping centers.

Licensed in: MI
6755 Daly Road West Bloomfield Township, MI 48322

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6843 Airport Highway, Holland, OH , 43528
  • Size SF5,000
  • Built/Renov1987/2005
  • Price/SF$167
  • Lease Start07-01-1987
  • Rent/SF$12.10
  • Lease Type NN+
  • Lot/AC0.49
  • Pop 5MI125,861

834,000

  • Cap Rate 7.25%
  • NOI $60,480
  • R. Term/Yrs 3.0
  • Guarantor Corp R + T
  • # Units 4,931
  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Long operation history

  • Favorable NN+ lease

  • Traded and rated company

  • 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
22420 Farmington Road, Farmington, MI , 48336
  • Size SF4,044
  • Built/Renov2006
  • Price/SF$318
  • Lease Start06-01-2023
  • Rent/SF$22.26
  • Lease Type Double NN
  • Lot/AC0.75
  • Pop 5MI206,006

1,285,000

  • Cap Rate 7.00%
  • NOI $90,000
  • R. Term/Yrs 9.0
  • Guarantor Franchisee
  • # Units 1
  • Signalized intersection

  • Recent renovation

  • Hard corner intersection

  • Near major nationals

  • Strategically located

  • Freeway visibility

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Personal guarantee

  • ...
  • Tenant Savvy Sliders
  • Guarantor Franchisee
  • #Units 1
  • Stock Private
20001 Livernois Avenue, Detroit, MI , 48221
  • Size SF9,500
  • Built/Renov2003/2009
  • Price/SF$247
  • Lease Start08-01-2009
  • Rent/SF$18.05
  • Lease Type Double NN
  • Lot/AC0.61
  • Pop 5MI163,674

2,350,000

  • Cap Rate 7.30%
  • NOI $171,433
  • R. Term/Yrs 5.2
  • Guarantor Corporate
  • # Units 230
  • Build to suit

  • In location for years

  • Strategically located

  • Highway close

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Long operation history

  • Annual rent increases

  • Corporate Guarantee

  • Over 1000 units backed

  • ...
  • Tenant Innovative Renal Care
  • Guarantor Corporate
  • #Units 230
  • Stock Private
8026 Forsythia Street, Middleton, WI , 53562
  • Size SF18,109
  • Built/Renov2019
  • Price/SF$309
  • Lease Start06-15-2019
  • Rent/SF$19.63
  • Lease Type Abs NNN
  • Lot/AC2.69
  • Pop 5MI89,637

5,597,669

  • Cap Rate 6.35%
  • NOI $355,452
  • R. Term/Yrs 10.1
  • Guarantor Corporate
  • # Units 1,605
  • Build to suit

  • Near major nationals

  • Strategically located

  • Freeway close

  • Strong demographics

  • Major MSA

  • Absolute NNN

  • Long 10+ yr lease

  • Corporate Guarantee

  • Over 100 Units backed

  • ...
  • Tenant Caliber Collision
  • Guarantor Corporate
  • #Units 1,605
  • Stock Private
816 Black Horse Pike, Mount Ephraim, NJ , 08059
  • Size SF7,128
  • Built/Renov1980/2019
  • Price/SF$318
  • Lease Start12-02-2019
  • Rent/SF$19.88
  • Lease Type NN+
  • Lot/AC0.36
  • Pop 5MI382,993

2,266,878

  • Cap Rate 6.25%
  • NOI $141,679
  • R. Term/Yrs 15.7
  • Guarantor Corp Rated
  • # Units 748
  • Signalized intersection

  • New roof

  • Roof guarantee

  • Near major nationals

  • Strategically located

  • Top 100 MSA

  • Strong demographics

  • Long 15+ yr lease

  • Corporate Guarantee

  • Credit rated company

  • ...
  • Tenant Mavis Discount Tire
  • Guarantor Corp Rated
  • #Units 748
  • Moody's/S&P B1/ B-
  • Stock Private
715 West Norton Avenue, Norton Shores, MI , 49441
  • Size SF2,541
  • Built/Renov1988
  • Price/SF$663
  • Lease Start02-25-2022
  • Rent/SF$31.48
  • Lease Type Abs NNN
  • Lot/AC0.68
  • Pop 5MI90,373

1,684,210

  • Cap Rate 4.75%
  • NOI $80,000
  • R. Term/Yrs 17.9
  • Guarantor Franchisee
  • # Units 40
  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Strong tenant synergy

  • Top 100 MSA

  • Long 15+ yr lease

  • Absolute NNN

  • Personal guarantee

  • 25+ unit franchisee backed

  • ...
  • Tenant Popeyes
  • Guarantor Franchisee
  • #Units 40
  • Stock NYSE: QSR
3595 College Street, Beaumont, TX , 77701
  • Size SF10,908
  • Built/Renov1999
  • Price/SF$311
  • Lease Start05-01-1999
  • Rent/SF$20.19
  • Lease Type Abs NNN
  • Lot/AC1.91
  • Pop 5MI103,361

3,387,460

  • Cap Rate 6.50%
  • NOI $220,185
  • R. Term/Yrs 12.8
  • Guarantor Corp R + T
  • # Units 9,900
  • Signalized intersection

  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Income tax free state

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Oak Street Health
  • Guarantor Corp T and Rated
  • #Units 9,900
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: CVS
102 North 2nd Street, Coshocton, OH , 43812
  • Size SF1,496
  • Built/Renov1967
  • Price/SF$321
  • Lease Start09-01-2019
  • Rent/SF$32.09
  • Lease Type Double NN
  • Lot/AC0.24
  • Pop 5MI16,430

480,000

  • Cap Rate 10.00%
  • NOI $48,000
  • R. Term/Yrs 0.3
  • Guarantor Corporate
  • # Units 131
  • Major thoroughfare

  • Near major nationals

  • Strategically located

  • Strong tenant synergy

  • Highway close

  • Limited competition

  • Corporate Guarantee

  • Over 100 Units backed

  • ...
  • Tenant CheckSmart
  • Guarantor Corporate
  • #Units 131
  • Stock Private
906 National Road, Bridgeport, OH , 43912
  • Size SF4,620
  • Built/Renov1965
  • Price/SF$139
  • Lease Start09-01-2019
  • Rent/SF$14.55
  • Lease Type Double NN
  • Lot/AC0.52
  • Pop 5MI47,380

640,000

  • Cap Rate 10.50%
  • NOI $67,200
  • R. Term/Yrs 0.3
  • Guarantor Corporate
  • # Units 131
  • Hard corner intersection

  • Major thoroughfare

  • Near major nationals

  • Strategically located

  • Freeway close

  • Highway location

  • Corporate Guarantee

  • Over 100 Units backed

  • ...
  • Tenant CheckSmart
  • Guarantor Corporate
  • #Units 131
  • Stock Private
4903 Fenton Road, Flint, MI , 48529
  • Size SF2,553
  • Built/Renov1997
  • Price/SF$406
  • Lease Start12-30-1998
  • Rent/SF$22.94
  • Lease Type Abs NNN
  • Lot/AC0.57
  • Pop 5MI136,921

1,036,530

  • Cap Rate 5.65%
  • NOI $58,564
  • R. Term/Yrs 9.7
  • Guarantor Corp R + T
  • # Units 8,218
  • In location for years

  • Near major nationals

  • Strategically located

  • Dense 200M+ pop 5 mi

  • Major MSA

  • Long operation history

  • Recently extended lease

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Taco Bell
  • Guarantor Corp T and Rated
  • #Units 8,218
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM
1432 Antonio Street, Anthony, TX , 79821
  • Size SF14,820
  • Built/Renov2008
  • Price/SF$344
  • Lease Start05-01-2019
  • Rent/SF$24.09
  • Lease Type Abs NNN
  • Lot/AC1.85
  • Pop 5MI26,699

5,100,000

  • Cap Rate 7.00%
  • NOI $357,000
  • R. Term/Yrs 9.11
  • Guarantor Corp R + T
  • # Units 8,896
  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Freeway close

  • Top 100 MSA

  • Income tax free state

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA
2525 East Euclid Avenue, Des Moines, IA , 50317
  • Size SF7,750
  • Built/Renov2018
  • Price/SF$407
  • Lease Start11-01-2018
  • Rent/SF$28.50
  • Lease Type Abs NNN
  • Lot/AC1.00
  • Pop 5MI34,253

3,155,357

  • Cap Rate 7.00%
  • NOI $220,875
  • R. Term/Yrs 6.4
  • Guarantor Corporate
  • # Units 420
  • Build to suit

  • Near major nationals

  • Strategically located

  • Strong tenant synergy

  • Highway close

  • Top 100 MSA

  • Absolute NNN

  • Corporate Guarantee

  • Over 100 Units backed

  • ...
  • Tenant MercyOne
  • Guarantor Corporate
  • #Units 420
  • Stock Nonprofit
6411 Gravois Avenue, St. Louis, MO , 63116
  • Size SF13,035
  • Built/Renov1986
  • Price/SF$154
  • Lease Start08-27-1986
  • Rent/SF$9.99
  • Lease Type Double NN
  • Lot/AC0.68
  • Pop 5MI324,181

2,003,076

  • Cap Rate 6.50%
  • NOI $130,200
  • R. Term/Yrs 2.3
  • Guarantor Corp R + T
  • # Units 8,896
  • Signalized intersection

  • Hard corner intersection

  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Long operation history

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA
6710 Denison Avenue, Cleveland, OH , 44102
  • Size SF2,358
  • Built/Renov1972
  • Price/SF$573
  • Lease Start01-20-2022
  • Rent/SF$31.95
  • Lease Type Abs NNN
  • Lot/AC0.52
  • Pop 5MI330,642

1,350,000

  • Cap Rate 5.58%
  • NOI $75,338
  • R. Term/Yrs 17.8
  • Guarantor Franchisee
  • # Units 65
  • Signalized intersection

  • Hard corner intersection

  • Strategically located

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Long 15+ yr lease

  • Traded and rated company

  • Personal guarantee

  • 50+ unit franchisee backed

  • ...
  • Tenant Burger King
  • Guarantor Franchisee
  • #Units 65
  • Moody's/S&P B1/ BB
  • Stock NYSE: QSR
195 Parkwood Circle, Carrollton, GA , 30117
  • Size SF8,219
  • Built/Renov1990
  • Price/SF$210
  • Lease Start10-01-2010
  • Rent/SF$14.70
  • Lease Type NN+
  • Lot/AC1.48
  • Pop 5MI38,268

1,725,900

  • Cap Rate 7.00%
  • NOI $120,819
  • R. Term/Yrs 4.8
  • Guarantor Corp R + T
  • # Units 3,074
  • Build to suit

  • In location for years

  • Near major nationals

  • Strategically located

  • Hospital close

  • Top 100 MSA

  • Recently extended lease

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant DaVita
  • Guarantor Corp T and Rated
  • #Units 3,074
  • Moody's/S&P Ba3/ BB-
  • Stock NYSE: DVA
1040 North Towerline Road, Saginaw, MI , 48601
  • Size SF14,519
  • Built/Renov2001/2020
  • Price/SF$76
  • Lease Start05-30-2001
  • Rent/SF$7.22
  • Lease Type Double NN
  • Lot/AC3.00
  • Pop 5MI51,697

1,103,200

  • Cap Rate 9.50%
  • NOI $104,808
  • R. Term/Yrs 0.0
  • Guarantor Corporate
  • # Units 17
  • Recent renovation

  • Recent building upgrades

  • In location for years

  • Freeway close

  • Strong tenant synergy

  • Long operation history

  • Corporate Guarantee

  • ...
  • Tenant Saginaw Cty: Mental Health Authority
  • Guarantor Corporate
  • #Units 17
  • Stock Nonprofit
2385 Silver Drive, Columbus, OH , 43211
  • Size SF6,672
  • Built/Renov2002
  • Price/SF$317
  • Lease Start02-28-2003
  • Rent/SF$19.82
  • Lease Type Abs NNN
  • Lot/AC1.00
  • Pop 5MI369,153

2,115,408

  • Cap Rate 6.25%
  • NOI $132,213
  • R. Term/Yrs 3.9
  • Guarantor Corporate
  • # Units 392
  • Build to suit

  • High traffic 50M+ VPD

  • Near major nationals

  • Freeway visibility

  • Strong tenant synergy

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Long operation history

  • Corporate Guarantee

  • ...
  • Tenant National Tire & Battery
  • Guarantor Corporate
  • #Units 392
  • Stock Private
3700 Williston Road, Northwood, OH , 43619
  • Size SF102,364
  • Built/Renov1971/2015
  • Price/SF$26
  • Lease Start02-01-2016
  • Rent/SF$1.75
  • Lease Type Abs NNN
  • Lot/AC11.24
  • Pop 5MI66,710

2,658,500

  • Cap Rate 6.75%
  • NOI $179,455
  • R. Term/Yrs 8.9
  • Guarantor Corporate
  • # Units 70
  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Strategically located

  • Freeway close

  • Strong tenant synergy

  • New development zone

  • Low rent to sales ratio

  • Below Market Rent

  • Corporate Guarantee

  • ...
  • Tenant Family Farm & Home
  • Guarantor Corporate
  • #Units 70
  • Stock Private
7440 Broadway Avenue, Cleveland, OH , 44105
  • Size SF7,000
  • Built/Renov2005
  • Price/SF$173
  • Lease Start03-28-2005
  • Rent/SF$11.26
  • Lease Type NN+
  • Lot/AC0.82
  • Pop 5MI324,367

1,213,000

  • Cap Rate 6.50%
  • NOI $78,840
  • R. Term/Yrs 5.7
  • Guarantor Corp R + T
  • # Units 5,086
  • In location for years

  • Freeway close

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Long operation history

  • Recently extended lease

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Advance Auto Parts
  • Guarantor Corp T and Rated
  • #Units 5,086
  • Moody's/S&P Baa2/ BBB-
  • Stock NYSE: AAP
1511 Lafayette Pkwy, LaGrange, GA , 30241
  • Size SF1,846
  • Built/Renov2020
  • Price/SF$1,527
  • Lease Start06-01-2020
  • Rent/SF$83.97
  • Lease Type Abs NNN
  • Lot/AC1.00
  • Pop 5MI33,200

2,818,181

  • Cap Rate 5.50%
  • NOI $155,000
  • R. Term/Yrs 11.1
  • Guarantor Franchisee
  • # Units 45
  • New construction

  • New prototype

  • Dense retail corridor

  • Strong tenant synergy

  • Highway close

  • Top 100 MSA

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Personal guarantee

  • ...
  • Tenant Popeyes
  • Guarantor Franchisee
  • #Units 45
  • Stock NYSE: QSR
10 West National Road, Vandalia, OH , 45377
  • Size SF11,180
  • Built/Renov1997
  • Price/SF$252
  • Lease Start07-07-1997
  • Rent/SF$18.78
  • Lease Type NN+
  • Lot/AC1.43
  • Pop 5MI8,420

2,817,637

  • Cap Rate 7.45%
  • NOI $209,914
  • R. Term/Yrs 3.1
  • Guarantor Corp R + T
  • # Units 2,309
  • Signalized intersection

  • Hard corner intersection

  • In location for years

  • Major thoroughfare

  • Strategically located

  • Freeway close

  • Long operation history

  • Favorable NN+ lease

  • Traded and rated company

  • Over 2000 units backed

  • ...
  • Tenant Rite Aid
  • Guarantor Corp T and Rated
  • #Units 2,309
  • Moody's/S&P Caa2/ CCC+
  • Stock NYSE: RAD
210 Oak Street, Farmington, MN , 55024
  • Size SF6,050
  • Built/Renov1947/2017
  • Price/SF$77
  • Lease Start03-01-2000
  • Rent/SF$4.64
  • Lease Type NN+
  • Lot/AC0.21
  • Pop 5MI43,115

468,300

  • Cap Rate 6.00%
  • NOI $28,100
  • R. Term/Yrs 0.9
  • Guarantor Corp R + T
  • # Units 5,086
  • Hard corner intersection

  • In location for years

  • Strategically located

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Long operation history

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Advance Auto Parts
  • Guarantor Corp T and Rated
  • #Units 5,086
  • Moody's/S&P Baa2/ BBB-
  • Stock NYSE: AAP
5992 U.S. 322, Reynoldsville, PA , 15851
  • Size SF10,000
  • Built/Renov2001
  • Price/SF$110
  • Lease Start12-01-2022
  • Rent/SF$6.85
  • Lease Type Double NN
  • Lot/AC2.02
  • Pop 5MI10,348

1,100,000

  • Cap Rate 6.23%
  • NOI $68,512
  • R. Term/Yrs 7.8
  • Guarantor Corporate
  • # Units 3,200
  • Re-purpose building

  • Recent building upgrades

  • In location for years

  • Major thoroughfare

  • Strategically located

  • Highway location

  • Brand new lease

  • Long operation history

  • Over 2000 units backed

  • Corporate Guarantee

  • ...
  • Tenant Goodwill
  • Guarantor Corporate
  • #Units 3,200
  • Stock Private
3431 Joy Rd, Detroit, MI , 48206
  • Size SF12,198
  • Built/Renov1974/2022
  • Price/SF$103
  • Lease Start02-28-2022
  • Rent/SF$7.71
  • Lease Type NN+
  • Lot/AC0.81
  • Pop 5MI396,225

1,253,333

  • Cap Rate 7.50%
  • NOI $94,000
  • R. Term/Yrs 7.9
  • Guarantor Corp R + T
  • # Units 19,294
  • Recent renovation

  • Hard corner intersection

  • Strategically located

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Brand new lease

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,294
  • Moody's/S&P Baa3/ BBB
  • Stock NYSE: DG
195 M-66, Charlevoix, MI , 49720
  • Size SF11,180
  • Built/Renov1996
  • Price/SF$186
  • Lease Start04-02-1996
  • Rent/SF$12.06
  • Lease Type NN+
  • Lot/AC1.13
  • Pop 5MI6,702

2,075,180

  • Cap Rate 6.50%
  • NOI $134,886
  • R. Term/Yrs 8.8
  • Guarantor Corp R + T
  • # Units 2,309
  • Hard corner intersection

  • In location for years

  • Major thoroughfare

  • Dense retail corridor

  • Shopping Ctr out-parcel

  • Highway location

  • Recently extended lease

  • Favorable NN+ lease

  • Traded and rated company

  • Over 2000 units backed

  • ...
  • Tenant Rite Aid
  • Guarantor Corp T and Rated
  • #Units 2,309
  • Moody's/S&P Caa2/ CCC+
  • Stock NYSE: RAD
2190 North Goodman Street, Rochester, NY , 14609
  • Size SF5,990
  • Built/Renov2002
  • Price/SF$339
  • Lease Start10-30-2022
  • Rent/SF$33.92
  • Lease Type Abs NNN
  • Lot/AC0.36
  • Pop 5MI291,008

2,031,600

  • Cap Rate 10.00%
  • NOI $203,160
  • R. Term/Yrs 2.2
  • Guarantor Franchisee
  • # Units 1,841
  • Hard corner intersection

  • In location for years

  • High traffic 50M+ VPD

  • Near major nationals

  • Hospital close

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Absolute NNN

  • Corporate Guarantee

  • Publicly traded company

  • ...
  • Tenant IHOP
  • Guarantor Franchisee
  • #Units 1,841
  • Stock NYSE: DIN
1274 North Ballenger Highway, Flint, MI , 48504
  • Size SF1,600
  • Built/Renov2001/2023
  • Price/SF$389
  • Lease Start06-01-2023
  • Rent/SF$26.25
  • Lease Type Abs NNN
  • Lot/AC0.40
  • Pop 5MI147,956

622,000

  • Cap Rate 6.75%
  • NOI $42,000
  • R. Term/Yrs 9.0
  • Guarantor Franchisee
  • # Units 30
  • Signalized intersection

  • Hard corner intersection

  • Highway close

  • Dense 100M+ pop 5 mi

  • Major MSA

  • Brand new lease

  • Absolute NNN

  • Long 10+ yr lease

  • Personal guarantee

  • ...
  • Tenant Savvy Sliders
  • Guarantor Franchisee
  • #Units 30
  • Stock Private
51341 West Huron River Drive, Belleville, MI , 48111
  • Size SF11,180
  • Built/Renov2005
  • Price/SF$407
  • Lease Start02-27-2006
  • Rent/SF$26.45
  • Lease Type NN+
  • Lot/AC1.40
  • Pop 5MI97,006

4,549,000

  • Cap Rate 6.50%
  • NOI $295,685
  • R. Term/Yrs 9.9
  • Guarantor Corp R + T
  • # Units 2,309
  • Signalized intersection

  • In location for years

  • Freeway close

  • Top 100 MSA

  • Long operation history

  • Long 10+ yr lease

  • Favorable NN+ lease

  • Top performing store

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Rite Aid
  • Guarantor Corp T and Rated
  • #Units 2,309
  • Moody's/S&P Caa2/ CCC+
  • Stock NYSE: RAD
8923 Oil Avenue, Williston, ND , 58801
  • Size SF23,290
  • Built/Renov2017
  • Price/SF$298
  • Lease Start11-13-2017
  • Rent/SF$15.66
  • Lease Type Double NN
  • Lot/AC2.30
  • Pop 5MI7,921

6,947,600

  • Cap Rate 5.25%
  • NOI $364,752
  • R. Term/Yrs 8.6
  • Guarantor Corp R + T
  • # Units 1,950
  • Build to suit

  • Highway close

  • Business growth area

  • Population increase trend

  • Long 10+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • Over 1000 units backed

  • ...
  • Tenant FedEx Express
  • Guarantor Corp T and Rated
  • #Units 1,950
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: FDX
1500 Padre Blvd, South Padre Island, TX , 78597
  • Size SF12,989
  • Built/Renov2008
  • Price/SF$872
  • Lease Start06-26-2009
  • Rent/SF$49.95
  • Lease Type Abs NNN
  • Lot/AC1.14
  • Pop 5MI6,397

11,323,630

  • Cap Rate 5.73%
  • NOI $648,844
  • R. Term/Yrs 10.2
  • Guarantor Corp R + T
  • # Units 9,900
  • Signalized intersection

  • In location for years

  • Major thoroughfare

  • Dense retail corridor

  • Highway close

  • Income tax free state

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant CVS
  • Guarantor Corp T and Rated
  • #Units 9,900
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: CVS
4453 Old Shell Road, Mobile, AL , 36608
  • Size SF13,376
  • Built/Renov2019
  • Price/SF$846
  • Lease Start01-02-2010
  • Rent/SF$50.36
  • Lease Type Abs NNN
  • Lot/AC1.78
  • Pop 5MI163,768

11,310,633

  • Cap Rate 5.96%
  • NOI $673,638
  • R. Term/Yrs 10.8
  • Guarantor Corp R + T
  • # Units 9,900
  • Signalized intersection

  • Hard corner intersection

  • Major thoroughfare

  • University college close

  • Dense 100M+ pop 5 mi

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Over 2000 units backed

  • Investment grade tenant

  • ...
  • Tenant CVS
  • Guarantor Corp T and Rated
  • #Units 9,900
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: CVS
28835 Gratiot Avenue, Roseville, MI , 48066
  • Size SF4,220
  • Built/Renov2009
  • Price/SF$331
  • Lease Start03-07-2011
  • Rent/SF$19.34
  • Lease Type Abs NNN
  • Lot/AC0.80
  • Pop 5MI305,279

1,395,000

  • Cap Rate 5.85%
  • NOI $81,614
  • R. Term/Yrs 2.3
  • Guarantor Corp R + T
  • # Units 5,528
  • In location for years

  • High traffic 50M+ VPD

  • Major thoroughfare

  • Dense retail corridor

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Low rent to sales ratio

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant AT&T
  • Guarantor Corp T and Rated
  • #Units 5,528
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: T

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