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Marcus & Millichap

Net Lease | The Sandelin Group

About Company

Marcus & Millichap was founded in 1971 with the goal of being a new kind of company – one driven by long-term relationships and built on a culture of collaboration. We focus on bringing together specialized market knowledge, the industry's leading brokerage platform and exclusive access to inventory to achieve exceptional results for our clients, year after year. Today, we are the industry’s largest firm specializing in real estate investment sales and financing, with over 80 offices and over 1,700 investment sales and financing professionals throughout the United States and Canada. In 2023, the firm closed over 7,500 transactions with a sales volume of nearly $44 billion.

2916 North Miami Ave, Suite 700 Miami, FL 33127

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11600 Northwest South River Drive, Medley, FL , 33178
  • Size SF2,824
  • Built/Renov2023
  • Price/SF$1,254
  • Lease Start06-01-2023
  • Rent/SF$62.68
  • Lease Type Abs NNN
  • Lot/AC0.97
  • Pop 5MI330,279

3,540,000

  • Cap Rate 5.00%
  • NOI $177,000
  • R. Term/Yrs 18.5
  • Guarantor Corp R + T
  • # Units 1,733
  • New construction

  • Signalized intersection

  • Near major nationals

  • Freeway close

  • Top 100 MSA

  • Income tax free state

  • Long 15+ yr lease

  • Accelerated depreciation

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Murphy USA | Murphy Express
  • Guarantor Corp T and Rated
  • #Units 1,733
  • Moody's/S&P Ba1/ BB+
  • Stock NYSE: MUSA
805 FL-434, Longwood, FL , 32750
  • Size SF6,240
  • Built/Renov1993
  • Price/SF$588
  • Lease Start03-10-1992
  • Rent/SF$27.24
  • Lease Type Abs NNN
  • Lot/AC0.60
  • Pop 5MI201,830

3,666,667

  • Cap Rate 4.63%
  • NOI $169,950
  • R. Term/Yrs 13.8
  • Guarantor Corp Rated
  • # Units 200
  • Build to suit

  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Tenant Tire Kingdom
  • Guarantor Corp Rated
  • #Units 200
  • Moody's/S&P B3/ B-
  • Stock Private
3480 Mt Zion Rd, Stockbridge, GA , 30281
  • Size SF20,087
  • Built/Renov2001
  • Price/SF$172
  • Lease Start11-17-2000
  • Rent/SF$11.23
  • Lease Type NN+
  • Lot/AC2.42
  • Pop 5MI133,127

3,450,000

  • Cap Rate 6.54%
  • NOI $225,599
  • R. Term/Yrs 0.3
  • Guarantor Corp Traded
  • # Units 916
  • Hard corner intersection

  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Top 100 MSA

  • Strong demographics

  • Favorable NN+ lease

  • Corporate Guarantee

  • Publicly traded company

  • ...
  • Tenant Office Depot
  • Guarantor Corp Traded
  • #Units 916
  • Stock NASDAQ: ODP

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