At Triple Net Investment Group, We have access to an extensive inventory of single tenant triple net NNN properties for sale throughout United States. Our service is FREE to the Buyers and we negotiate the best price and terms for the Buyers.
If you don’t find what you’re looking for, email us at: info@nnndeals.com
We know of properties for sale that aren’t listed.
Tenant: Bob Evans
Address: 1631 Pilgrim Lane,
Plymouth, IN
Purchase Price: $$1,775,277.000
Cap: 6.5%
Tenant: Mavis
Address: 910 Gilbert Ferry Road,
SE, Attalla, Alabama 35959
Purchase Price: $2,881,356.00
Cap: 6 %
Tenant: Mavis
Address: 6301 Independence Parkway
Plano, TX 75023
Purchase Price: $2,608,695.00
Cap: 6 %
Tenant: Mavis
Address: 3775 S Suncoast Blvd
Homosassa, FL, 34448
Purchase Price: $2,765,000.00
Cap: 6 %
Tenant: Pizza Hut
Address: 115 South Main Street, Hillsville, VA
Purchase Price: $513,445.00
Cap: 7 %
Tenant: Sonic
Address: 304 S Main St. Rolesville, NC 27571
Price: $945,000.00
Cap: 5.75%
Status: Sold
Tenant: Subway
Address: 632 S Broadway Baltimore, MD 21231
Price: $1,000,000.00
Cap: 7%
Status: Sold
Tenant: 6 Unit CVS Portfolio
Address: Missouri
Price: $9,273,308.00
Cap: 6.5
Status: Sold
Tenant: Red Lobster
Address: 1726 Glidewell Dr. Burlington, NC 27215
Price: $2,250.000.00
Cap: 6.25%
Status: Sold
Tenant: 7-Eleven
Address: 96 N Charles Richard Beall Blvd. DeBary, FL 32713
Price: $2,519.510.00
Cap: 4.5%
Status: Sold
Tenant: By-the-Bucket
Address: 2130 N Kolb Rd. Tucson, AZ 85715
Price: $550,000.00
Cap: 7.25%
Status: Sold
Tenant: Autozone
Address: 3930 Concord Pike Wilmington, DE 19803
Price: $3,000,000.00
Cap: 4.25%
Status: Sold
Tenant: Rally’s Gas Station
Address: 4840 Ridgemoor Blvd. Palm Harbor, FL 34685
Price: $3,100,000.00
Cap: 6%
Status: Sold
Tenant: Pelicans’s Snoballs
Address: 2601 Sweeten Creek Rd, Asheville, NC 28803
Price: $624,000
Cap: 7%
Status: Sold
Tenant: Aldi
Address: 7400 GB Alford Hwy. Holly Springs, NC 27540
Price: $3,375,000.00
Cap: 4%
Status: Sold
Tenant: Panera
Address: 30093 Mound Rd. Warren, MI 48092
Price: $2,873,634.00
Cap: 4.6%
Status: Sold
Tenant: Tropical Smoothie cafe
Address: 6527 S Cedar St., Lansing, MI 48911
Price: $1,400,000.00
Cap: 6.75%
Status: Sold
Tenant: Rally’s
Address: 1005 N Main St Bowling Green, OH 43402
Price: $1,041,136.24
Cap: 5%
Status: Sold
Tenant: Aldi
Address: 1270 Lake Avenue Woodstock, IL 60098
Price: $3,375,000.00
Cap: 4%
Status: Sold
Tenant: Ahern Rentals
Address: 3249 S County Rd W. Odessa, TX 79766
Price: $6,050,000.00
Cap: 6%
Status: Sold
Tenant: Citizen Bank
Address: 2020 Smith Township State Rd. Burgettstown, PA 15021
Price: $350,000.00
Cap: 8%
Status: Sold
Tenant: Dollar General
Address: 31167 Forest Blvd, Stacy, MN 55079
Price: $1,187,496.00
Cap: 6%
Status: Sold
Tenant: Arby’s
Address: 15195 Twelve Mile Rd, Roseville, MI 48066
Price: $2,040,380.00
Cap: 5.25%
Status: Sold
Tenant: 7-Eleven
Address: 1704 SW Moody St. Victoria, TX 77901
Price: $2,200,000.00
Cap: 5%
Status: Sold
Tenant: Flagstar Bank
Address: 1400 E Lake Lansing Rd. East Lansing, MI 48823
Price:$825,000.00
Cap: 7%
Status: Sold
Tenant: Murphy Oil
Address: 9679 Airline Hwy Baton Rouge, LA 70815
Price: $3,850,000.00
Cap: 4.75%
Status: Sold
Tenant: 7-Eleven
Address: 39390 Ecorse Rd, Romulus, MI 48174I
Price: $1,810,000.00
Cap: 5.3
Status: Sold
Tenant: 7-Eleven
Address: 3337 Glen Carlyn Dr, Falls Church, VA 22041
Price: $1,725,000.00
Cap: 5.3
Status: Sold
Tenant: 7-Eleven
Address: 1350 Odenton Rd, Odenton, MD 21113
Price: $1,300,000.00
Cap: 5.3
Status: Sold
Tenant: Sheetz
Address: 710 Sunbury Rd, Delaware, OH 43015
Price: $3,900,000.00
Cap: 7
Status: Sold
Tenant: BP Gas Station
Address: 8211 Hull Street Rd, Richmond, VA 23235
Price: $1,025,000.00
Cap: 7
Status: Sold
Tenant: Sunoco
Address: 722 Eastern Blvd, Essex, MD 21221
Price: $900,000.00
Cap: 7
Status: Sold
Tenant: McDonald’s
Address: 534 1/2, 534 El Dorado Blvd, Webster, TX 77598
Price: $2,635,000.00
Cap: 3.75
Status: Sold
Tenant: McDonald’s
Address: 1024 E Grand River Ave, East Lansing, MI 48823
Price: $2,800,000.00
Cap: 4.5
Status: Sold
Tenant: McDonald’s
Address: 1200 Welsh Road North Wales, PA 19454
Price: $2,015,000.00
Cap: 4.2
Status: Sold
Tenant: Chick – Fil – A
Address: West Airline Highway, Laplace, LA 70068
Price: $3,067,000.00
Cap: 3.7
Status: Sold
Tenant: Chipotle
Address: 15720 N Freeway Houston, TX 77090
Price: $2,850,000.00
Cap: 4.6
Status: Sold
Tenant: Panera Bread
Address: 960 Tarrytown Center, Rocky Mount, NC 27804
Price: $2,726,288.00
Cap: 5
Status: Sold
Tenant: Wendy’s
Address: 502 Northeast Park Street, Okeechobee FL 34972
Price: $2,765,000.00
Cap: 5
Status: Sold
Tenant: Wendy’s
Address: 1411 South 11th Street Niles, MI 49120
Price: $2,550,000.00
Cap: 5
Status: Sold
Tenant: Capitan D’s
Address: 4120 Buena Vista Rd, Columbus, GA 31907
Price: $810,000.00
Cap: 6.5
Status: Sold
Tenant: Zero Cash Flow CVS Portfolio
Addresses:12751 Nicollet Ave, Burnsville, MN 55337
400 S Truman Blvd, Crystal City, MO
101 E Hall of Fame Ave, Stillwater, OK
2115 Union Ave, Memphis, TN 38104
Price: $4,200,000.00 Each
Status: Sold
Tenant: CVS
Address: 8275 Bay Pines Blvd St. Petersburg, FL 22709
Price: $3,750,000
Cap: 6.4
Status: Sold
Tenant: CVS
Address: 1228 W Main St, Lebanon, TN 37087
Price: $2,428,235.00
Cap: 5.1
Status: Sold
Tenant: Arby’s
Address:1840 Cherokee Avenue Southwest, Cullman, AL 35055
Price:
Cap: 5.5
Status: Sold
Tenant: Arby’s
Address: 1073 South Willow Ave, Cookeville, TN 38501
Price: $1,510,204.00
Cap: 4.9
Status: Sold
Tenant: Arby’s
Address: 1455 Secor Rd, Toledo, OH 43607
Price:$1,284,403.00
Cap: 5.5
Status: Sold
Tenant: Arby’s
Address: 320 OH-14, Columbiana, OH 44408
Price: $1,327,102.00
Cap: 5.5
Status: Sold
Tenant: Rally’s
Address: 3800 S Hamilton Rd. Groveport, OH 43125
Price: $1,418,000.00
Cap: 5.5
Status: Sold
Tenant: Rally’s
Address: 4721 W. Saginaw Hwy, Lansing, MI
Price: $860,000.00
Cap: 6.5
Status: Sold
Tenant: Meineke
Address: 6200 Marlboro Pike, District Height, MD
Price: $269,000.00
Cap: 10
Status: Sold
Tenant: CVS Pharmacy
Address: 2950 Newburgh Road,
Wayne, MI
Price: $ 3,992,494.00
Cap: 7
Status: Sold
Tenant: Checkers
Address: 3231 Jackson Ave, Memphis, TN
Price: $ 387,814.00
Cap: 7
Status: Sold
Tenant: Sheetz
Address: 104 Lakeview Dr, Charleston, WV
Price: $ 2,898,000.00
Cap: 5.5
Status: Sold
Tenant: Olive Garden
Address: 12980 Fair Lakes Shopping,
Fairfax, VA
Price: $ 5,897,452.00
Cap: 4.75
Status: Sold
Tenant: NTB
Address: 2022 West Street
Annapolis, MD 21401
Purchase Price: $2,600,000.00
Cap: 6.75%
Tenant: Dollar General
Address: 2108 W. Huntsville Avenue,
Springdale, AR
Purchase Price: $1,220,000.00
Cap: 7.35%
Tenant: Valvoline
Address: 5725 S CEDAR ST. LANSING, MI 48911
Purchase Price: $1,235,000.00
Cap: 6.8 %
Tenant: Shell
Address: 1300 Linden Ave
Baltimore MD
Cap: 10 cap
Price: $475,000
Tenant: Subway
Address: 1824 S. Pennsylvania
LANSING, MI 48911
Purchase Price: $390,000.00
Cap: 8 %
Tenant: Dollar General
Address: 20950 Alliance Sebring
Road Alliance, OH
Purchase Price: $1,280,000.00
Cap: 7.5%
Tenant: Sherwin William
Address: Z 5601 S Cedar St.,
Lansing, MI 48911
Purchase Price: $1,575,000.00
Cap: 7 cap
Tenant: Firestone
Address: 2000 Richmond Rd, Williamsburg, VA 23185
Price: $3,490,000.00
Cap: 4.75
Status: Sold
Tenant: Mavis Discount Tire
Address: 8511 Dorchester RdNorth Charleston, SC 29420
Price: $2,842,000.00
Cap: 4.75
Status: Sold
Tenant: Tire Choice
Address: 4060 S. Tamiami Trail, Venice, Florida 34293
Price: $3,363,000.00
Cap: 5
Status: Sold
Tenant: Hooters
Address: 3600 Crain Hwy, Waldorf, MD 20603
Price: $2,260,000.00
Cap: 6.5
Status: Sold
Tenant: Szechuan Garden
Address: 11149 Mall Circle Drive, Waldorf, MD 20603
Price: $3,070,000.00
Cap: 6
Status: Sold
Tenant: Royal Gas & Auto Service
Address: 10423 Main St, Fairfax, VA 22030
Price: $2,200,000.00
Cap: 6.5
Status: Sold
Tenant: Home Depot
Address: 99 Route 17,North Lodi, NJ
Price: $55,725,000
Cap: 6.3
Status: Sold
Tenant: Lowes
Address: 2564 NW 13th St., Gainesville, Florida 32609
Price: $18,250,000.00
Cap:5.5
Status: Sold
Tenant: Chipotle
Address: 275 E National Rd, Vandalia, OH 45377
Price: $2,541,600.00
Cap: 5
Status: Sold
Tenant: Kindercare
Address: 3722 West 86th St,Indianapolis, IN 46268
Price: $1,025,000
Cap: 8
Status: Sold
Tenant: Kindercare
Address: 4402 62nd St.,Indianapolis, IN 46268
Price: $1,200,000
Cap:8
Status: Sold
Tenant: Valora
Address: 825 Desco Ln, Grand Prairie, TX 75051
Price: $2,550,000.00
Cap: 6
Status: Sold
Tenant: Chili''s
Address: 110 IH 10 South, Beaumont, TX 77707
Price: $2,657,030.00
Cap:5.75
Status: Sold
Tenant: Denny’s
Address: 111 Oaklawn Boulevard, Hopewell, VA
Price: $1,450,000.00
Cap: 6
Status: Sold
Tenant: Denny’s
Address: 111 Oaklawn Boulevard, Hopewell, VA
Price: $1,450,000.00
Cap: 6
Status: Sold
Tenant: KFC
Address: 4480 Alum Creek Rd, Obetz OH
Price: $1,369,000
Cap:6
Status: Sold
Tenant: Jack in the Box
Address: 18 Wilson Road, Humble, TX 77338
Price: $2,667,104.00
Cap:6.7
Status: Sold
Tenant: Wendy’s
Address: 6530 Pearl Road, Parma Heights, OH
Price: $2,134,155.00
Cap:5.2
Status: Sold
Tenant: Autozone
Address: 11910 Iron Bridge Plaza, Chester, Virginia 23831
Price: $1,066,666.00
Cap: 5.25
Status: Sold
Tenant: Autozone
Address: 1845 West County Road 419, Oviedo, FL 32766
Price: $1.3M
Cap: 5.6
Status: Sold
Tenant: Dollar General
Address: 7554 Shellman Bluff Road Townsend, GA 31331
Price: $945,000
Cap: 7.25
Status: Sold
Tenant: McDonald’s
Address: 4015 W Saginaw Highway, Lansing, MI 48917
Price: $2,625,000
Cap: 5
Status: Sold
Tenant: Arby’s
Address: 1073 South Willow Ave, Cookeville, TN 38501
Price: $1,510,204.00
Cap: 4.9
Status: Sold
Tenant: Wendy
Address: 5066 Lee Highway, Arlington, VA 22207
Price: $3,663,157.00
Cap: 4.75
Status: Sold
Tenant: Walgreens
Address: 220 N Alexander Street, Port Alan, LA
Price: $5,430,000
Cap: 5.8
Status: Sold
Tenant: CVS
Address: 2169 Midland Trail Shelbyville, KY 40065
Price: $4,108,091.00
Cap: zero cash flow
Status: Sold
Tenant: CVS
Address: 5001 Forest Hill Ave Richmond VA 23225
Price: $4,307,000.00
Cap: 5
Status: Sold
Tenant: 7- Eleven
Address: 7481 Limestone Drive, Gainesville, VA 20155
Price: $3,570,000
Cap: 5.25
Status: Sold
Tenant: Circle K
Address: 16200 County Line Rd Spring Hill, FL 34610
Price: $3,300,000.00
Cap: 5.25
Status: Sold
Tenant: Sheetz
Address: 2853 Ligonier Street Latrobe, PA 15650
Price: $2,000,000
Cap: 5.5
Status: Sold
Tenant: NTB
Address: 1326 Jordan Drive, Athens, GA 30606
Price: $3,000,000.00
Cap: 5.4
Status: Sold
Tenant: NTB
Address: 8160 E Broad Street, Blackhick, OH 43004
Price: $3,265,000.00
Cap: 5.35
Status: Sold
Tenant: CVS
Address: 5001 Forest Hill Ave, Richmond, VA 23225
Price: $4,307,000.00
Cap: 5
Status: Sold
Tenant: Dollar General
Address: 9915 County Rd, 13th South Hastings, FL 32145
Price: $1,260,000.00
Cap: 6.75
Status: Sold
Tenant: Dollar General
Address: 1540 International Boulevard,
Norfolk, VA 23518
Price: $2,200,200.00
Cap: 6
Status: Sold
Tenant: Aspen Dental
Address: 1200 Big Bill Road, Arnold, MI
Price: $2,424,000.00
Cap: 6.5
Status: Sold
Tenant: Arby’s
Address: 1934 Jesse Jewell Parkway NE, Gainesville, Georgia
Price: $2,287,117.00
Cap: 5.25
Status: Sold
Tenant: Checkers
Address: 3231 Jackson Ave, Memphis, TN
Price: $ 400,000.00
Cap: 7
Status: Sold
Tenant: Chick Fil A
Address: 445 79th St, West Chanhassen, MN
Price: $3,270,098.00
Cap: 4.5
Status: Sold
Tenant: Bob Evans
Address: 100 Diamond Cove Rd, Bridgeport, WV
Price: $30,661.75.00
Cap: 5.9
Status: Sold
Tenant: Hardee’s
Address: 1039 W Main St., Lebanon, TN
Price: $400,000.00
Cap: 5.5
Status: Sold
Tenant: IHop
Address: 3317 E State Hwy 114, Southlake, TX
Price: $2,500,000
Cap: 6.9
Status: Sold
Tenant: Kindercare
Address: 2572 Glenwood Drive, Twingsburg, OH 44087
Price: $2,064,285.00
Cap: 7
Status: Sold
Tenant: Wendy’s
Address: 3180 Nigara Falls Rd, Amherst, NY
Price: $2,066,000.00
Cap: 5.1
Status: Sold
Tenant: McDonald’s
Address: 2120 Larch Street, Lansing, MI
Price: $2,745,000.00
Cap: 4.5
Status: Sold
Tenant: McDonald’s
Address: 4700 S Cedar Street, Lansing, MI
Price: $2,581,645.00
Cap: 4.5
Status: Sold
Tenant: Taco Bell
Address: 2615 San Mateo, Albuquerque, NM
Price: $ 835,000.00
Cap: 6.75
Status: Sold
Tenant: Wendy’s
Address: 6824 Lincoln HWY E, Fort Wayne, IN
Price: $ 1,361,845.00
Cap: 5.2
Status: Sold
Tenant: Donkin Donuts
Address: 4721 W. Saginaw Hwy, Lansing, MI
Price: $ 860,000.00
Cap: 6
Status: Sold
Tenant: Red Lobster
Address: 1075 FM 802,
Brownsville, TX
Price: $ 3,612,572.00
Cap: 5.75
Status: Sold
Tenant: Mavis
Address: 4441 SE 102 Plac Belleview FL Mavis
2.753m
Cap: 6 %
Tenant: Chipotle
Address: 275 E. National Road,
Vandalia, OH
Purchase Price: $2,541,600.00
Cap: 5 %
Tenant: Arby’s
Address: 615 West Main Street, Benton, IL
Price: $1,407,000.00
Cap: 7.5
Status: Sold
Tenant: 7-11
Address: 5101 NE 112 Avenue, Vancouver, WA
Price: $1,385,000.00
Cap: 6.25
Status: Sold
Tenant: 7-11
Address: 415 Roseberry Street, Phllipsburg, NJ
Price: $370,000.00
Cap: 7
Status: Sold
Tenant: 7-Eleven
Address: 2489 Lapper Rd, Auburn Hills, MI
Price: $1,015,000.00
Cap: 7
Status: Sold
Tenant: 7-Eleven
Address: 22808 Ventura Blvd, Woodland Hills, CA
Price: $1,620,000.00
Cap: 5.75
Status: Sold
Tenant: Pizza Hut
Address: 1600 Teasley Ln, Denton, TX
Price: $1,250,000.00
Cap: 6.4
Status: Sold
Tenant: KFC/ Long John Silver’s
Address: 320 N. Madison Rd., Orange, Virginia, 22960
Price: $1,030,000.00
Cap: 7
Status: Sold
Tenant: Taco Bell
Address: 3569 Democrat Rd, Memphis, TN
Price: $1,300,000.00
Cap: 7.4
Status: Sold
Tenant: Advance Auto Parts
Address: 3200 North Sharon Amity Road Charlotte NC
Price: $1,783,811.00
Cap: 7.25
Status: Sold
Tenant: Advance Auto Parts
Address: 164 Temple Avenue, Newnan GA
Price: $1,645,000.00
Cap: 7.25
Status: Sold
Tenant: Office Depot
Address: 2402 Battleground Avenue, Greensboro, NC
Price: $4,112,400.00
Cap: 8
Status: Sold
Tenant: 7-11
Address: 501 Refero Road, Crowley, TX
Price: $2,185,000.00
Cap: 6
Status: Sold
Tenant: 7-11
Address: 150 French Road, Cheektowaga. NY
Price: $300,000.00
Cap: 7
Status: Sold
Tenant: 7-11
Address: 2915 Cedar Lane, Fairfax VA
Price: $1,485,000.00
Cap: 8.5
Status: Sold
Tenant: Arby’s
Address: 5864 Sawmill Road, Dublin, OH
Price: $1,816,000.00
Cap: 8
Status: Sold
Tenant: Arby’s
Address: 1540 E Alexis Rd, Toledo, OH 43612
Price: $1,310,000.00
Cap: 9
Status: Sold
Tenant: Jack In the Box
Address: 14011 E Wade Hampton, Blvd, Geer, SC
Price: $1,950,000.00
Cap: 8.5
Status: Sold
Tenant: Checker’s
Address: 938 W Main St, Southaven, MS 38671
Price: $690,000
Cap: 7
Status: Sold
Tenant: Pizza Hut
Address: 840 Highway 35 N, Forest, MS 39074
Price: $991,452.00
Cap: 5
Status: Sold
Tenant: KFC
Address: 65 W Dares Beach Rd, Prince Frederick, MD 20678-3109
Price: $2,060,000.00
Cap: 5.75
Status: Sold
Tenant: Dunkin’
Address: 1508 Reisterstown Rd, Pikesville, MD 21208
Price: $2,750,000.00
Cap: 6.5
Status: Sold
Tenant: Dollar General
Address: 25579 Old Kansas City Road, Paola, KS 66071
Price: $1,259,641.00
Cap: 5.75
Status: Sold
Tenant: Autozone
Address: 1845 West County Road 419, Oviedo, FL 32766
Price: $1,300,000.00
Cap: 6
Status: Sold
Tenant: Advance Auto Parts
Address: 3160 E. Cucumberland Road, Bluefield, WV 24701
Price: $750,000.00
Cap: 12
Status: Sold
Tenant: Bank Of America
Address: 5201 Linden Avenue Baltimore MD
Price: $675,000.00
Cap: 7.25
Status: Sold
Tenant: Autozone
Address: 800 Berryville Avenue, Winchester, VA 22601
Price: $1,175,000.00
Cap: 6.75
Status: Sold
Tenant: Jiffy Lube
Address: 711 Battlefield Boulevard, Chesapeake, VA 23320
Price: $1,000,000.00
Cap: 6.5
Status: Sold
Tenant: Wendy’s
Address: 3355 Leonardtown Road, Waldorf, MD 20602
Price: $1,900,000.00
Cap: 8.6
Status: Sold
Tenant: Kindercare
Address: 2621 Pocoshock Blvd, Richmond, VA
Price: $700,000.00
Cap: 11
Status: Sold
Tenant: Wachovia Bank
Address: 1150 K Street NW, Washington DC
Price: $3,850,000.00
Cap: 5.5
Status: Sold
Tenant: 7-11
Address: 1445 Old Bride Rd, Woodbride, VA
Price: $650,000.00
Cap: 6.5
Status: Sold
Tenant: 7-11
Address: 2-10 S Jordan Street, Alexandria, VA
Price: $1,762,000.00
Cap: 8.25
Status: Sold
Tenant: 7-11
Address: 3910 University Drive, Fairfax, VA
Price: $1,499,000.00
Cap: 8.5
Status: Sold
Tenant: CVS Pharmacy
Address: 1932 Senseny Road,
Winchester, VA
Price: $ 5,392,721.00
Cap: 6
Status: Sold
Tenant: CVS Pharmacy
Address: 5100 S. Laburnum Ave,
Richmond, VA
Price: $ 6,287,620.00
Cap: 5
Status: Sold
Tenant: Regals
Address: 6100 N Freew 326, Fortworth, TX
Price: $10,175.00
Cap: 7.25
Status: Sold
Tenant: Dollar General
Address:401 Conowingo Rd, Conowingo MD
Price: $1,728,571.00
Cap: 7
Status: Sold
Tenant: Red Lobster
Address: 10325 Fairfax Blvd, Fairfax, VA
Price: $5,471,000.00
Cap: 5.5
Status: Sold
Tenant: Arby’s
Address: 164 Plaza Road SW, Wise, VA
Price: $1,120,000.00
Cap: 7.5
Status: Sold
Tenant: KFC
Address: 2810 West Broadway, Council Bluffs, IA
Price: $1,514,000.00
Cap: 5.6
Status: Sold
Tenant: Wendy’s
Address: 4805 W Market St, Greesboro, NC
Price: $1,600,000.00
Cap: 5.0
Status: Sold
Tenant: Sheetz
Address: 11774 Sudley Manor Drive, Manassas, VA
Price: $4,583,000.00
Cap: 4.8
Status: Sold
Tenant: Dollar General
Address: 4240 Highpoint Rd, Albertsville, AL
Price: $1,260,000
Cap: 7.0
Status: Sold
Tenant: Dollar General
Address: 50 Centerpoint Rd, Sylacauga, AL
Price: $1,130,000.00
Cap: 7.0
Status: Sold
Tenant: Savers
Address: 4849 Central Ave NW, Minneapolis, MN
Price: $4,700,000.00
Cap: 8.3
Status: Sold
Tenant: Jiffy Lube
Address: 711 Battlefield Boulevard, Chesapeake, VA
Price: $1,715,000.00
Cap: 6.2
Status: Sold
Tenant: Jiffy Lube
Address: 5619 Rufe Snow Drive, North Richland Hills, TX
Price: $2,168,000.00
Cap: 6.0
Status: Sold
Tenant: KFC
Address: 65 W Dares Beach Rd, Frederick, MD
Price:$1,882,500.00
Cap: 5.65
Status: Sold
Tenant: 7- Eleven
Address: 2201 S Park Street Madison, WI
Price: $1,035,000.00
Cap: 6.75
Status: Sold
Tenant: Arby’s
Address: 2975 East Jackson Blvd, Jackson, MO
Price: $2,137,000.00
Cap: 6.5
Status: Sold
Tenant: Long John’s Silver’s
Address: 2217 Limestone St, Springfield, OH
Price: $ 555,000.00
Cap: 6.5
Status: Sold
Tenant: Domino’s
Address: 5645 S Cedar St, Lansing, MI
Price: $ 905,000.00
Cap: 5.75
Status: Sold
Investors can benefit from NNN lease properties in a variety of ways. In NNN leases, tenants take on the responsibility of major expenses, such as HVAC and roof repairs, keeping the operation cost lower for the landlord. Typically, NNN leases have lower rent per square foot rates which increases the tenant pool when a landlord is ready to lease the property. For specific tenants, landlords will frequently modify leases allowing for greater flexibility and higher tenant retention. NNN Properties is a passive investment, and NNN Properties are ideal investments. NNN properties provide many of the same benefits as investing in other real estate classes. For farming families who sell highly appreciated real estate and who want long-term, steady income with little or no management responsibilities, NNN lease properties can make compelling sense when utilizing a 1031 Exchange.
NNN leased investments are generally leased to one single tenant and are thus referred to as STNLs or Single Tenant Net Leases. A NNN lease investment can however have two or more tenants, and it would not be considered an STNL investment. An example of this would be a Starbucks & MetroPCS which share a building under two separate NNN leases, or a retail strip center where all tenants are wrapped into one NNN lease. Both examples would be considered NNN leased investments; however, they would not be STNLs. The risk of default is spread out over more than one tenant in such NNN deals (e.g., if either Starbucks or MetroPCS goes bankrupt, the other tenant continues to pay the rent due under their NNN lease). Such deals can appeal to investors seeking to spread risk, though the simplicity of collecting one rent check from one tenant is forfeited.