1620 North Route 59 Naperville (Chicago MSA), IL 60563 Investment Highlights Brand New Construction; Opening September 2018! Long-Term, 15-Year Absolute Triple Net (NNN) Lease Lease Commencement Upon Close of Escrow Four, Five-Year Tenant Renewal Options with Eight Percent Rental Increases Every Five Years Corporate Tenant | Corporate Guarantee Extremely Affluent Community | Average Income within 5-Miles Exceeds $113,000 Population Exceeds 180,000 Within a 5-Mile Radius Excellent Traffic Counts | North Route 59 and Nearby Interstate 88 | Average Daily Traffic Counts Exceeds 49,000 and 136,000 Vehicles Respectively Investment Overview Marcus & Millichap is pleased to present the exclusive listing for…
810 England Street Ashland, VA 23005 Investment Highlights Brand New Construction; Opening September 2018! Long-Term, 15-Year Absolute Triple-Net (NNN) Lease Lease Commencement Upon Close of Escrow There are Four, Five-Year Tenant Renewal Options, Bringing the Potential Lease Term to 35 Years with 8 Percent Rental Increases Every Five Years Corporate Tenant | Corporate Guarantee Strong Traffic Counts | Interstate 95 and England Street | Over 113,200 and 23,000 Vehicles Per Day Respectively Dense Retail Corridor | Surrounded By: Walmart, Cracker Barrel, Starbucks, Chick Fil A, Applebee’s, Food Lion, Rite Aid, ACE Hardware, and Tractor Supply Company Strong Demographics | Population Exceeding…
4834 North Broadway Street Knoxville, TN 37918 Investment Highlights New, 20-Year, Modified NNN Lease 4, 5-year Renewal Options 7% Rental Increases Every 5 Years Throughout Base Term and Option Periods Dense Retail Corridor Strong Demographics in 5-Mile Trade Area Strong Franchisee Investment Overview Denny’s located at 4834 North Broadway Street in Knoxville has a brand new, 20-year, modified triple net lease. Tenant pays for CAM, insurance and taxes. There are four, five-year renewal options with seven percent rental increases every five years throughout the base term and option periods, beginning in year 11. The lease is guaranteed by RJC, LLC,…
Metro Diner is a brand new, 15-year, triple net (NNN) lease with four, five-year renewal options. There will be $10k rental increases every five years in the base term and 10 percent every five years in option periods. Metro Diner is a brand new construction, opening in the Spring of 2018. This opportunity presents itself as a stabilized restaurant with great visibility off Pines Boulevard (54,000 vehicles per day) and University Drive (57,000 vehicles per day). The property benefits from its location, one mile from Broward College South Campus; five miles from the Seminole Hard Rock Hotel and Casino and…
2710 North Monroe Street Tallahassee, FL 32303 Investment Highlights Brand New, 20-Year, Triple Net Lease New Construction, Now Open Three, Five-Year Renewal Options Rental Increases Every Five Years in Base Term and Option Periods Located on Monroe Street, Which has a Daily Traffic Count of More Than 44,000 Vehicles Three Miles from Florida State University and Florida A&M University, with a Combined Enrollment of More Than 51,000 Students Investment Overview Marcus & Millichap is pleased to offer the opportunity to acquire Bojangles’ located at 2710 North Monroe Street in Tallahassee, Florida. The subject property is a 3,886 square-foot single…
1575 South Lake Street Mundelein, IL 60060 Download Barry Wolfe V-Card Download Alan Lipsky V-Card Investment Highlights Long-Term, 20-Year Absolute Triple Net (NNN) Lease Lease Commencement Upon Close of Escrow One and Three Quarter (1.75%) Annual Rental Increases Starting in Year 6 Six (6), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 50 Years Investment Overview Marcus & Millichap is pleased to present the exclusive listing for a Panera Bread located at 1575 South Lake Street in Mundelein, IL. This is a rare investment opportunity to participate in a direct sale leaseback with Hamra Enterprises. This café…