News

JUST CLOSED – Unique 7 Eleven in Orlando

DATE July 10, 2019 / AUTHOR AGM

CATEGORY Just Sold

Just Closed- 7 Eleven, Orlando, FL

We are happy to announce a recent closing of an incredible 7 Eleven investment property in Orlando, FL. We exclusively represented a client in an up-leg of a 1031 exchange whose property we had disposed a few weeks prior. The goal was to find a long-term investment grade property with rental escalations, strong fundamentals and a very strong prospect of value appreciation in the near and distant future. At 1.75 Acres on a signalized intersection, across the street from a high performing Walmart, 11 years on term with rental escalations and high sales in an affluent and growing neighborhood of Orlando, for only $2,500,000 we achieved that goal and more. This property will serve as a strong cash flow anchor with absolutely minimal risk and significant upside for our client for years to come.

Investment Highlights

  • Investment grade tenant
  • Long term lease -11 + years
  • Absolute NNN ground lease – zero landlord responsibilities
  • Covered land play
  • Gas station restriction within the planned community – barriers to entry
  • High performing location
  • Across the street from a Walmart anchored center
  • Rapidly expanding neighborhood
  • Affluent neighborhood and strong demographic profile
  • High traffic count

RECENT NEWS

Just Closed – Long Term CVS in California

April 28, 2020 by AGM

When one of our repeat clients called us to find a long term NNN drugstore, we knew we had to dig deep. Finding above average risk-adjusted returns on long term drugstores has become much more cumbersome in the last few months. After searching for a few weeks, we identified the investment and realized there will […]

OFF-MARKET – Mister Car Wash Closing in Cedar Rapids

March 6, 2020 by AGM

We are pleased to announce a closing of an off-market car wash transaction in Cedar Rapids, IA. This transaction represents an up-leg in our client’s 1031 exchange and is the final of 5 properties that they had exchanged into. This investment accomplishes the goal of increasing cash flow to the client, with a sturdy, brand […]

Steak ‘n Shake Sale

February 28, 2020 by AGM

We are happy to announce a successful closing of a Steak ‘n Shake in Hoover, Alabama. The investment was a brand new 20-year Sale-Leaseback from the current operator and the franchisee at the site. The site was a successful location for Steak ‘n Shake for over a decade and with Whole Foods as an anchor […]