1 Salisbury, MD 21801 · Property Description New retrofit Dollar General - 10-year NN lease that...

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Price $1,400,000

Building Size 10,000 SF

Cap Rate 6.50%

Property Sub-type Free Standing Bldg

Status Active

Property Notes

1 Salisbury, MD 21801

Property Description

New retrofit Dollar General - 10-year NN lease that features a 10% rent increase in each of the (4) five-year option periods. The lease is guaranteed by Dollar General Corporation (NYSE: DG), investment grade, rated BBB- by Standard & Poor' s. This property resides on 1.27 acres, and provides full access to Business Route 13 N. Salisbury Blvd., and easy access to signalized intersection at Naylor Street from its side entrance. This building provides 10,000 sq ft versus the standard Dollar General 9,100 sq ft prototype, and a non-standard graded loading dock. Existing Clear Channel Billboard ground lease provides additional income with an opportunity to increase NOI with renegotiated lease terms when Clear Channel lease expires July 1, 2016.

Price $6,400,000


Cap Rate 5.30%


Status Active

Property Notes

2 Mount Airy, MD 21771

Property DescriptionBank of America Ground Lease with ASSUMABLE NON RECOURSE financing (10 years, $3.4 million at 3.875%) resulting in Leveraged IRR of 7.05%.

Price $3,200,000


Cap Rate 4.28%


Status Active

Property Notes

3 Gambrills, MD 21054


This is a rare McDonald' s fee simple absolute NNN ground lease in Gambrills, MD located 22 miles south of Baltimore and 25 miles northeast of Washington, DC. The ground lease calls for zero landlord obligations. The 100% fee simple interest in the underlying land is being offered. The lease calls for significant rental increases at four different points in the initial term, which is extremely rare. There are also 12% increases at each of the eight 5 year options to renew. Beginning in year 5 of the lease (October 2018), the rent increases to $135,000 per year, increasing the CAP rate on the purchase price to 4.22%.

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Price $2,866,024


Cap Rate 5.95%

Property Sub-type Restaurant

Status Active

Property Notes

4 Cumberland, MD 21503


Brand new 20-Year Lease Absolute Triple-Net Zero Landlord Responsibilities Experienced Franchisee 7.5 Percent Bumps Every Five Years Right off the Interstate Dense Urban Infill Location Scheduled for Image Activation Brand New building with New Wendy's Prototype Over 23% in Increased Income Since 2000Income Projected to Increase by 19% in the next 5 Years Signalized Intersection (Both Sides) Ample Parking with Drive Thru Over 60,000 vehicles Per Day on I-68 Single Tenant Net Leased Asset.

Price $2,199,121


Cap Rate 5.95%


Status Active

Property Notes

5 Lavale, MD 21502


Brand new 20-Year Lease Absolute Triple-Net Zero Landlord Responsibilities Experienced Franchisee 7.5 Percent Bumps Every Five Years Right off the Interstate Ingress and Egress from both Directions Large 1.18 Acre Lot Over $60,000 in High Average Household Income Household Income Increased by 30% Since 2000 Household Income to Increase 20% in 5 Years Ample Parking with Drive Thru Dense Retail Corridor Single tenant Net Leased Asset.

Price $2,800,000


Cap Rate 5%

Property Sub-type Service/Gas Station

Status Active

Property Notes

6 Lanham, MD 20706


Full Service Center, with great potential for expansion.

Price $13,431,372


Cap Rate 5.10%

Property Sub-type Retail (Other)

Status Active

Property Notes

7 Towson, MD 21204


Fee simple interest in this Walgreen's (NYSE: WAG), in the vibrant college town of Towson, Maryland. The Tenant, Walgreen's, executed a 25-year lease approximately four years ago and operates in a unique, architecturally charming 12,360 SF building featuring many details not seen at other suburban locations. In terms of credit, Walgreen's is investment grade, rated BBB by Standard & Poor' s. The Property is offered free and clear of debt and ideal for the 1031 exchange investor seeking a secure investment in proximity to the coveted Baltimore-Washington, DC Metropolitan region.

Price $13,324,682


Cap Rate 6.15%


Status Active

Property Notes

8 Easton, MD 21601


Fee simple interest in this BJ' s Wholesale Club in Easton, Talbot County, Maryland in the heart of Maryland' s Eastern Shore Resort Area. The Tenant, BJ' s Wholesale Club, is subject to a new 20-year NNN Corporately Guaranteed lease that will tentatively commence in December 2015 and features 3% and 3.65% rental increases in years 11 and 16 respectively as well as 5% increases in each option period. The Tenant is strategically located in Easton' s new commercial corridor on the western side of Easton, a town ranked 8th by the 100 Best Small Towns in America publication.

Price $2,347,000


Cap Rate 3.75%


Status Active

Property Notes

9 Pasadena, MD 21122


Fee-simple interest in a 4,698 square foot, single-tenant, triple net ( NNN ) ground leased Chick-fil-A (the Property or Asset ) on a 1.29 acre site. The Property' s lease features over 15 years of remaining primary term and five, five-year renewal options with rental increases every five years.

Price $2,066,128


Cap Rate 6.25%


Status Active

Property Notes

10 Princess Anne, MD 21853


Family Dollar located in Princess Anne, MD. The subject property is a relocation store from an in-line space less than one mile away. Family Dollar has signed an initial 16-Year lease, which include a 10% rent increase after year 10 (which would yield an average cap rate of 6.57% over the base term, assuming a purchase at list price.) There are 6 - 5 Year renewal options, all of which also include a 10% rent increase.

Price $4,350,280


Cap Rate 5.50%

Property Sub-type Day Care Facility/Nursery

Status Active

Property Notes

11 Elkridge, MD 21075


Single-tenant absolute-net leased Kindercare Learning Center located in Elkridge, Maryland.The subject property is 9,970 square feet, was built in 1998, and is located about one mile from Route 100, the major east-west highway connecting US Route 29 in Ellicott City and MD 177 in Pasadena. The surrounding area is highly conducive to childcare centers and includes elementary schools, parks, dance/karate centers and abundant residential housing. The property is ideally located off the Meadowridge exit from Route 100, across the street from a corporate park with several large employers including Sun Microsystems.

Price $2,250,000


Cap Rate 7%


Status Active

Property Notes

12 Baltimore, MD 21230


Purchase two freestanding, contigious pad sites occupied by Burger King and Ace Cash Express. The Property is well positioned in the Southwest Baltimore Sub market at the traffic light controlled corner of Patapsco Avenue and Annapolis Road. This represents a rare opportunity for an urban in-fill location, ideal for a 1031 Buyer or local investor.

Price $1,740,000


Cap Rate 5%


Status Active

Property Notes

13 Pocomoke City, MD 21851


15-year absolute NNN AutoZone Ground Lease located on Route 13 in Pocomoke City, Maryland. A+ Location. AutoZone Corp, at its own expense, will build a7,400 sq. ft. building. The property is 1.35 acres on a prime corner. New 15 year absolute net lease ground lease with no Landlord responsibilities. Rentincreases 7.5% after year 7 and 8% in each of the four 5-year options. Lease commenced 12/2015.

Price $2,675,000


Cap Rate 4.25%


Status Active

Property Notes

14 Germantown, MD 20876


PNC Bank GROUND LEASED property. Property consists of a 26,571 square foot parcel of land improved with a 3,080 square foot one story building constructed in 1995. Approximately $50MM in deposits!! 2% annual increases!! PNC exercised 5 year option in May of 2015. 3 additional 5 year options remain.

Price $2,465,879


Cap Rate 6%


Status Active

Property Notes

15 California, MD 20619


Exclusively marketed for sale is the fee simple interest of a free standing Wendy' s in California, Maryland. Wendy' s signed a twenty-year triple net (NNN) lease in February 2005 with (4) five year options. Rental escalations of ten percent (10%) are scheduled every five years throughout the base term and option periods. Wendy' s is operated by the franchise Davco Restaurants, Inc, an operator of 150+ Wendy' s restaurants.

Price $7,589,000


Cap Rate 5.60%


Status Active

Property Notes

16 Essex, MD 21221


14,688-squarefoot free standing Walgreen's situated on 1.53 acres in the suburban community of Essex, Maryland. Essex is a densely developed residential and commercial community located within the Baltimore MSA (Population: 2.8 million) just 10 miles east of the city' s CBD and immediately outside of the Interstate 695 loop that encircles the entire city of Baltimore. Walgreen's signed a 25- year absolute NNN lease which has 16.5 years of primary term remaining. The property is ideally positioned on a signalized hard corner of two of the area' s heaviest traveled arteries, Eastern Boulevard and Marlyn Avenue (Combined Traffic Count: 40,045 VPD)

Price $3,017,500


Cap Rate 5.75%


Status Active

Property Notes

17 Elkridge, MD 21075


CVS Pharmacy located in Elkridge, Maryland. The lease is 100%guaranteed by CVS Health Corporation with no Landlord responsibilities whatsoever. The lease has 7 years remaining and includes 10 options at 5 years each. For the twelve month period ended December 31, 2014, CVS Health Corporation had total revenue of $139.37 billion, net income of $4.64 billion and a net worth in excess of $37.96 billion. CVS currently holds a Standard & Poor' s credit rating of BBB+/Stable.

Price $2,342,769


Cap Rate 6.50%


Status Active

Property Notes

18 Capitol Heights, MD 20743


Fee simple interest in this Dollar General in Capitol Heights, Prince George' s County, Maryland. The Tenant, Dollar General, is subject to a new 10-year NN lease that features a 10% rental increase in year six and in each of the four, five-year option periods. This 7,470 SF block and brick building was retrofit for the Tenant and is now open. The lease is guaranteed by Dollar General Corporation (NYSE: DG), investment grade, rated BBB- by Standard & Poor' s.

Price $1,395,000


Cap Rate 6.20%


Status Active

Property Notes



Corporate leased by Avis, NNN Investment opportunity.

No Photo Provided

Price $1,801,248


Cap Rate 6.25%


Status Active

Property Notes

20 Ridgely, MD 21660


Fee simple interest in the Dollar General located at 103 6th Street, Ridgley, MD. Built in 2013, this freestanding, single tenant, absolute NNN, retail property consists of a 9,100 SF building sited on a 1.13 acre lot. With approximately 13 years remaining on the initial lease term the lease calls for a 3% rental increase in year 11 of the lease. The lease includes (5) five-year options with 10% rental increases during each of the option periods.

Price $1,833,000


Cap Rate 6.60%


Status Active

Property Notes

21 Conowingo, MD 21918


Fee simple interest in the Dollar General located at 401 Conowingo Road, Conowingo, MD. Built in 2012, this freestanding, single tenant, absolute NNN, retail property consists of a 9,026 SF building sited on a 2.90 acre lot. The lease calls for a 3% rent increase in year 11 and has just under 12 years remaining on the initial lease term. The lease calls for (5) - five year rental options with a 10% rent increase in each option period.

Price $1,750,000


Cap Rate 6.43%

Property Sub-type Retail Pad

Status Active

Property Notes

22 Frederick, MD 21704


Enterprise Rent-A-Car located in Frederick, MD. The lease is corporately guaranteed by Enterprise Rent-A-Car and currently has 6+ years remaining on its original 10-year lease term; with four, five-year options inclusive of 12.5% rental increase upon each renewal. Enterprise Rent-A-Car currently holds an investment grade BBB+ credit rating with a stable outlook according to Standard & Poor' s. Enterprise Holdings reported 2014 sales in excess of $17.8 billion and Enterprise Rent-A-Car has been ranked first in rental car customer satisfaction 9 out of the last 11 years.

Price $7,500,000


Cap Rate 5.16%


Status Active

Property Notes

23 Clinton, MD 20735


20 Year | Absolute NNN Ground Lease | 10% Rent Increases Every 5 Years. 4 Drive Thru Lanes. AA- Credit Rating from S&P. As of June 30th, 2015 Branch Deposits in Excess of $36M+ a 23% Increase since 2010.

Price $11,098,400


Cap Rate 4.50%


Status Active

Property Notes

24 Germantown, MD 20874


CAN BE SOLD INDIVIDUALLY! NO CO BROKER FEES PAID 7 11 Portfolio of 3 PREMIUM Corporate Leased 7 11s with GASOLINE in upscale Montgomery County Maryland. Great locations doing plenty of business! NO LANDLORD RESPONSIBILITIES ABSOLUTE NNN LEASED! SEE LOCATION INFORMATION!.RENTS 1: Germantown, MD $15,208.00 Monthly.2: Gaithersburg, MD $11,863.00 Monthly.3: 1Germantown, MD $14,548.00 Monthly ALL WITH 15% increases every 5 years. ALL HAVE 20 PLUS YEARS LEFT IN LEASES-OPTIONS!

Price $8,227,560


Cap Rate 5%


Status Active

Property Notes

25 Glenarden, MD 20720


CVS store located in Glenarden, MD. The property is offered free and clear of debt. The store is newly constructed and opened for business in December of 2014. The property has a 25-year triple-net lease in place with no landlord responsibilities and no rent holiday.

Price $2,820,000


Cap Rate 6.50%


Status Active

Property Notes



This location consists of an 11,528 SF Rite Aid store built in 1996 situated on 1.93 acres of land. This is an investment property leased to a corporate owned Rite Aid whose current lease term expires in August, 2017 with 6 - 5 year lease options with rent increases with each option.

Price Price Not Disclosed


Cap Rate 3.50%


Status Active

Property Notes

27 Pikesville, MD 21208


The property is located in the heart of northwest Baltimore County on Reisterstown Road near I-695. Near a Double Tree Hotel and Ramada Inn that is located right off exit. Suburban Club Golf Course, Woodholme Golf Course and Druid Ridge Cemetery are located nearby. Reisterstown is a busy major road way with many commercial properties located on or just adjacent to including, Staples, Petco, PNC Bank, US Post Office, Shell, Wells Fargo, Walgreen's, Office Depot, Mobil, Giant Food, carwash, church and animal hospital. Property is near a large residential area with nearby schools including Elementary School of St Marks, Woodholme Elementary School, the Day School at Baltimore Hebrew, Pikesville Middle School, and Beth Tfiloh Dahan Community School. South of 1-695 on Reisterstown Road, where the property is located in Pikesville, was one of the seventeen designated Commercial Revitalization Districts in Baltimore County eligible for available resources aimed to maintain the health and vitality of commercial area. The chosen districts are the front doors to the desirable established communities. The revitalization is currently ongoing.

Price $1,300,000


Cap Rate 5%


Status Active

Property Notes

28 Columbia, MD 21045


BB&T Bank located at 8001 Columbia 100 Parkway in Columbia, Maryland. This property was an operating Susquehanna Bank branch with $50 million in deposits, until it was just recently acquired by BB&T. The closest BB&T Bank to this location is closing as of November 6, 2015, and folding into this location, at which time all Susquehanna Bank signage will become BB&T Bank. This new bank branch will now have a total of $100 million in deposits.

Price $9,427,180


Cap Rate 5%


Status Active

Property Notes

29 Bowie, MD 20716


CVS store located in Bowie, MD. The property is offered free and clear of debt. The property has a new 25-year triple-net lease in place with no landlord responsibilities and no rent holiday.

Price $9,620,000


Cap Rate 5.25%


Status Active

Property Notes

30 Clinton, MD 20735


18 Years Remaining on NN Lease. Property is located on hard corner of signalized intersection of Branch Ave. and Woodyard Rd. Strategically located opposite Lowe's, Walmart, and Safeway. Strong Store Sales.

Price $1,626,818


Cap Rate 6.35%


Status Active

Property Notes

31 Taneytown, MD 21787


13 + Years Remaining on a 15 year Corporate NN Lease from Dollar General Corporation. 3% Rent Increase during the primary term and 10% Rent Increases with in Option Periods.

Price $2,333,714


Cap Rate 7%


Status Active

Property Notes



CVS/Pharmacy located at 5407 Harford Road in Baltimore, Maryland. Baltimore is the largest city in Maryland,and brings in over 23 million tourists per year. CVS, a Standard & Poor' s rated BBB+ investment grade credit, originally executed a corporately guaranteed 20 year double net lease with four, five year options. The tenant recently exercised the first option period. The property was originally built in 1995 for Revco Drug Stores and has been converted to a CVS/Pharmacy. This is a double-net lease structure with the landlord having responsibilities for roof, structure, and common area maintenance.

Price $8,899,000


Cap Rate 6.70%


Status Active

Property Notes

33 Gaithersburg, MD 20878


- Tenant: Lotte Plaza Market- Location: Festival at Muddy Branch Montgomery County, MD- Lease: NEW 25-year absolute NNN lease (began January 2014)-Rent Increases: 1.5% annually beginning in Year 6, NNN- Lease: Tenant responsible for taxes, insurance, and condo fee- Landlord Responsibility: Roof* &structure *Roof is new as of May 2014 with a 20-year warranty- 1st Year Rent: $ 596,250- Cap Rate: 6.70%- Terms: Fee Simple or Note Sale- Sale Type:Condo.

Price $1,767,379


Cap Rate 6.45%


Status Active

Property Notes


This property is an absolute NNN investment with a corporate guaranteed 15 year lease that has zero landlord responsibilities. The lease has four (5) year options to renew, each with a 10% increase in rent. The lease is corporately guaranteed coupled with Dollar General's BBB- credit rating which is considered investment grade. The store is rent paying as of February 3rd, 2016.

Price $1,775,555


Cap Rate 6%


Status Active

Property Notes

2 Chesapeake, VA 23320


Single tenant investment property with 14+ years remaining on its absolute NNN lease . This property is a Jiffy Lube located in Chesapeake, Virginia (Hampton Roads - Norfolk - Virginia Beach MSA.) It is operated by Lucor, a Jiffy Lube franchisee with 175 stores, and the lease is guaranteed by Lucor.

Price $2,298,933


Cap Rate 5.95%


Status Active

Property Notes

3 Front Royal, VA 22630


Brand New 20-Year Lease Absolute Triple-Net Zero Landlord Responsibilities Experienced Franchisee7.5 Percent Bumps Every Five Years Corner Lot Walking Distance from Lion Park Mall Household Income Has Increased Over 30%Over $70,000 in High Average Household Income Over 14% Population Increase Ample Parking with Drive Thru Over 30,000 Vehicles Per Day (Two Intersections) Single Tenant Net Leased Asset.

Price $1,390,000


Cap Rate 6.50%


Status Active

Property Notes

4 Riner, VA 24149


Dollar General in Riner, Virginia.

Price $3,264,000


Cap Rate 7%


Status Active

Property Notes

5 Charlottesville, VA 22911


CVS leasehold interest located at the northeast corner of Seminole Trail and Timberwood Blvd. in the Charlottesville, VA. The existing 13,050 square foot freestanding single-tenant building is leased to CVS Pharmacy Inc. on a corporate guaranteed long-term twenty-five (25) year Absolute NNN Leasehold Interest with thirteen (13) years remaining on the initial lease. CVS has four (4) renewal options after the initial lease period.

Price $3,974,335


Cap Rate 6.30%


Status Active

Property Notes

6 Martinsville, VA 24112


This is a rare CVS/pharmacy NNN leased offering in Martinsville, VA. The 100% fee simple interest lease called for zero landlord obligations. There are thirteen (13) years remaining on the initial term (13 Years of Rent, followed by a 39-month rent Holiday). The asset is well-situated on a major retail corridor.

Price $5,257,100


Cap Rate 5%


Status Active

Property Notes

7 Newport News, VA 23602


T.G.I. Friday's is arguably one of the most recognized chains in the casual dining sector of North America. Friday's was founded in 1965 with one restaurant in New York City. The company, which is headquartered in Carrollton, TX, is owned by Sentinel Capital Partners and TriArtisan Capital Partners, who purchased the company from Carlson Companies in May 2014. T.G.I. Friday's has over 900 restaurants in more than 60 countries and 49 states.The Tenant is United Restaurant Group, LP("URG") and they are the second largest franchisee of T.G.I. Friday's. Headquartered in Richmond, VA, URG started with just two restaurants in 1993 and has grown into a company of 28 restaurants in the four states of Virginia, Delaware, North Carolina and South Carolina. URG has plans of continued growth and is a 3-time recipient of Franchisee of the Year for T.G.I. Friday's. The company has also received "Best Director of Operations for All Franchisees", "Best Franchise Sales Growth", and "Best Franchise Profitability". URG takes great pride in their restaurants, and strives for excellence in their relationships with guests, team members and vendors.

Price $2,885,120


Cap Rate 5%


Status Active

Property Notes

8 Manassas, VA 20110


This is an extremely rare D.C. retail ground lease opportunity unlike anything else available in the market. The offering is the 100% fee simple interest in a 20 year corporate guaranteed ground lease with 10 years remaining and scheduled 12% increases every 5 years in both the initial term and at each of the four 5 year renewal options.

Price $4,961,240


Cap Rate 5%

Property Sub-type Anchor

Status Active

Property Notes

9 Fairfax Station, VA 22039


Fee Simple CVS with Rent Increases High Barrier to Entry Limited Geographic Competition$10.2Mil in Annual Sales The Lease was Amended in 2003 to Extend the Term out 20 Years to January 2024 with 15 Years of Options Added Minute Clinic in 2011 at a Cost of $300,000 Increases1/2/2018 - $264,9712/1/2024 -$297,2412/1/2034 - $321,020.

Price $2,580,192


Cap Rate 6.25%


Status Active

Property Notes

10 Hampton, VA 23666


15 Year Corporate Net Lease Guaranteed by Dollar General Corporation. Investment Grade Credit of BBB- by S&P. 3% Rent Increases in Year 11 and 10% Rent Increases in Option Periods. Premier Location adjacent to CVS and Wawa. Mercury Blvd is a major commercial corridor through Hampton with 57,000 VPD in front of the site. Property is also located near the I-64 exit which drives traffic to this retail destination featuring Walmart, Lowes, BJ's, Chick-fil-A as well as the Target anchored Peninsula Town Center. Strong Demographics with a dense population of 190,000 within 5 miles. Avg HH Income is about $55K within 1 mile of the store.

Price $3,093,750


Cap Rate 4%


Status Active

Property Notes

11 Winchester, VA 22603


12.5 years remaining on 20 year Ground Lease. 10% Rent Bumps every 5 years. Next increase in 2018. Located in busy Target/Lowe's Shopping Center. Chick-fil-A Corporate Guaranty. Strong Demographics with population exceeding 60,000 & Avg HH Income over $76,000 within 5 miles.

Price $3,282,600


Cap Rate 5%


Status Active

Property Notes

12 Roanoke, VA 24012


Trophy fee simple, absolute NNN Krispy Kreme on primary commercial corridor in Roanoke, VA. Nearly 19 years left on primary term. Built and opened in November, 2014, Krispy Kreme is located on Hershberger Road, the strongest retail thoroughfare in Roanoke, with traffic counts exceeding 37,000 cars per day. Krispy Kreme features dual access curb cuts, a heavily illuminated pylon sign and its legendary Hot Now drive-thru window.

Price $2,901,080


Cap Rate 5%


Status Active

Property Notes

13 Fredericksburg, VA 22401


Fee simple interest in this freestanding Chipotle in Fredericksburg, Virginia, a highly desirable suburb of Washington, D.C. The Tenant, Chipotle, has over 9 years remaining on a corporately guaranteed NNN lease with three additional ten-year renewal options. The lease features larger than average 15% rental increases every five years which significantly boost the investor' s return. Furthermore, potential investors will benefit from the ability to depreciate this asset as it is fee simple unlike most Chipotle offerings. This location was originally a Boston Market. The initial lease was executed in 1994, and Chipotle took assignment to it in roughly 2001, likely due to the below market rate of the lease. Chipotle Mexican Grill, Inc. is a publicly traded company with more than 1,800 locations and $3.21 Billion in revenue in 2013.

Price $2,067,257


Cap Rate 5.25%


Status Active

Property Notes



Fee simple interest in this M&T Bank, rated A- by Standard & Poor' s, in Fredericksburg, Virginia. This is an established, long-term bank branch location. It was originally a Southern Financial branch before the bank was purchased by Provident Bank in 2004. In 2009, Provident Bank merged with M&T Bank and this location has since operated as an M&T Bank. The Tenant, M&T Bank, reinforced their commitment to the location as the tenant recently exercised its final 10-year renewal option at contract rent. It should be noted that the Tenant does not have any remaining renewal options which could provide the new ownership with a lease restructuring opportunity in the future. Additionally, this lease features rare annual CPI increases which provide an excellent hedge against inflation; the minimum annual increase is 2% and the maximum is 5%. Lastly, tax sensitive buyers will appreciate ownership of the fee simple interest so one may depreciate the asset unlike most bank branches.

Price $2,070,554


Cap Rate 6.50%


Status Active

Property Notes



Fee simple interest in this Mr. Tire in Fredericksburg, Virginia, a highly desirable exurb of Washington, DC. The Tenant has over seven years remaining on a NNN lease with attractive 2% annual increases. Over the term of the lease, this will generate nearly a 7% average yield for the purchaser. At the end of the term, the Tenant does not have any renewal options which may provide the ownership with a lease restructuring opportunity. Mr. Tire, the nation' s fourth largest independent tire dealer, was purchased by Monro Muffler Brake Inc. in 2004, and thus Monro Muffler Brake, Inc. is the guarantor of the lease. Monro Muffler Brake, Inc. is a publicly traded company (NYSE: MNRO) with more than $894 Million in revenue in 2015 and over 1,027 locations across 25 states.

Price $1,550,000


Cap Rate 6.75%


Status Active

Property Notes

16 Richmond, VA 23288


Branded Gas /service station with Restaurant.

No Photo Provided

Price $2,124,183


Cap Rate 6%


Status Active

Property Notes

17 Keysville, VA 23947


Burger King located at 660 King Street in Keysville, Virginia. The property is roughly 2,321 rentable square feet and is situated on approximately 1.33 Acres of land. The subject Burger King is subject to a 20-year triple-net (NNN), sale-leaseback with Cambridge Franchise Group ( CFG ), an 85-Unit Burger King operator. The lease will commence upon close of escrow and the base annual rent will be $127,451. The lease calls for 1.5 percent annual rental increases during the base term as well as during the four, five-year tenant renewal options. The subject property is scheduled to be remodeled during the summer of 2016 to Burger King' s new 20/20 image.

Price $2,224,783


Cap Rate 6%


Status Active

Property Notes

18 Farmville, VA 23901


Burger King located at 1004 South Main Street, Farmville, Virginia. The property is roughly 3,250 rentable square feet and is situated on approximately 1.31 Acres of land. The subject Burger King is subject to a 20-year triple-net (NNN), sale-leaseback with Cambridge Franchise Group ( CFG ), an 85-Unit Burger King operator. The lease will commence upon close of escrow and the base annual rent will be$133,487. The lease calls for 1.5 percent annual rental increases during the base term as well as during the four, five-year tenant renewal options. In December 2014, this location was completely remodeled to Burger King' s new 20/20 image. Following the remodel, in 2015 same store sales increased by 16 percent.

Price $2,154,180


Cap Rate 5%


Status Active

Property Notes

19 Chilhowie, VA 24319


NNN Lease with no LL responsibilities New Construction24+ years remaining on initial term1% Annual Increases.

Price $1,522,000


Cap Rate 6.40%


Status Active

Property Notes

20 Covington, VA 24426


This investment offering features an Applebee's Restaurant that was constructed in 2006. This Applebee's is adjacent to a Walmart Supercenter, located at a major off-ramp of Interstate 64. Walmart anchors Riverbend Shopping Center, which also features CATO, Dollar Tree, GameStop, and Highlands Community Bank. Covington High School is located roughly one-half mile to the north. Low Rent To Sales % and 12.5 Years left on the primary term of the NNN Lease.

Price $1,722,000


Cap Rate 6.40%


Status Active

Property Notes

21 Lebanon, VA 24266


The investment offering features an Applebee's restaurant, which was built in 2006. This Applebee's is a pad to a Walmart Supercenter, which also features Dollar Tree, RadioShack, Curves, and CATO. Advance Auto Parts and KFC are the other two pads at this center. The subject property sits near the exit to US Highway 19, also known as The Trail of the Lonesome Pine, which runs northeast to the West Virginia border. A quarter mile down US 19 to the west is Food City, Burger King and Super 8 Motel. There are 12.5 Years Left On The Primary Term of the NNN Lease.

Price $2,697,000


Cap Rate 7%


Status Active

Property Notes

22 Arlington, VA 22202


CVS leasehold interest located at the northwest corner of Jefferson Davis Hwy and Airport Access Rd. in the Arlington, VA. The existing 10,125 square foot freestanding single-tenant building will be leased to CVS Pharmacy Inc. on a corporate guaranteed long-term twenty-five (25) year Absolute NNN Leasehold Interest with eight (8) years remaining on the initial lease. CVS has four (4) renewal options after the initial lease period.Leasehold Interest: Claim or right to enjoy the exclusive possession and use of an asset or property for a stated definite period, as created by a written lease. A long-term lease interest is a valuable asset in its own right and can be traded or mortgaged as a physical asset. In this case, what is being sold is the building and improvements through the term of the lease and extension options. Two separate leases; one for the ground and one for the building. Both leases are coterminous with extension options roughly the same.

Price $1,510,328


Cap Rate 6.40%


Status Active

Property Notes

23 Mount Jackson, VA 22842


The offering consists of an absolute triple-net leased Dollar General located in Mount Jackson, Virginia. 11-years of primary lease term remain on the original 15-year lease, expiring August 31, 2027; with five, five-year options thereafter. The lease calls for a 3% rental increase in year 11 of the primary term(September 1, 2022) and 10% rental increases each option period. A true absolute triple-net leased offering, the tenant is responsible for all real estate taxes, insurance, maintenance and casualty damage. The lease is corporately guaranteed by the Dollar General Corporation (NYSE: DG), which currently boasts investment grade BBB- credit with a stable outlook according to Stan- dard & Poor' s and was ranked #159 on Fortune 500' s 2015 rankings of America' s largest corporations. Additionally, Dollar General is America' s largest small-box discount retailer by sales, with 2014 revenues amassing $18.4 billion.

Price $9,972,222


Cap Rate 5.40%


Status Active

Property Notes

24 Rocky Mount, VA 24151


100% fee-simple interest in the Walgreen's property at located on the southeast corner of Old Franklin Turnpike and Market Place Drive in Rocky Mount, Virginia (the Property ). The Property was constructed in 2010 as a build-to-suit Walgreen's and is situated less than one half mile from U.S. 220, the region' s primary arterial. The Property is fully leased by Walgreen Co. (NYSE: WBA), operating under a seventy-five (75) year lease term with the option to terminate with 12 months' notice after the 25th year and every five years thereafter. Years 1-25 is referred to as the Base Lease Term and today there are over 20 years of this base term remaining. Following this initial term, Walgreen's has ten Effective Option Periods of five years each. Walgreen's lease is absolute NNN with no landlord responsibilities for maintenance, repair or replacement. Current annual rent is $538,500, or $37.01 PSF, and is flat throughout the term.

Price $2,569,763


Cap Rate 6.75%


Status Active

Property Notes

25 Roanoke, VA 24012


The corporately guaranteed Mattress Firm modified NNN lease has a base term of eleven years, as well as (2) 5-year options. The single-tenant offering is 5,000 square-foot facility redevelopment (new roof/HVAC) on approximately 0.66 acres. The property sits at the hard corner of Town Square Boulevard and Rutgers Avenue NW with optimum access and visibility. Multiple national retailers in the immediate vicinity include: Sam' s Club, Marshall' s, Bed Bath and Beyond, Ross, Office Max, Lowe' s, Kroger, and many more.

Price $3,300,000


Cap Rate 7%


Status Active

Property Notes

26 Chester, VA 23831


Logan' s Roadhouse opened its first restaurant in 1991 in Lexington, KY, and has grown as an affordable, full-service casual dining steakhouse offering specially seasoned aged steaks and southern-inspired dishes in a roadhouse atmosphere. Headquartered in Nashville, Tennessee, Logan' s Roadhouse presently runs 233 company-operated and 26 franchised Logan's Roadhouse restaurants in 23 states.

Price $2,800,000


Cap Rate 5%


Status Active

Property Notes

27 King George, VA 22485


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Price $1,407,594


Cap Rate 6.40%


Status Active

Property Notes

28 North Tazewell, VA 24630


Dollar General property located in Tazewell, Virginia.Dollar General has signed a 15-Year Absolute NNN lease and has 5 - 5 Year options to renew, the first of which incorporates a rare 15% rent increase and the remaining four a 10% rent increase. Dollar General continues to perform exceptionally well, improving their average store sales and increasing profitability year-over-year; furthermore, Dollar General is the only dollar store which has investment grade credit.

Price $1,850,000


Cap Rate 5.95%

Property Sub-type Vehicle Related

Status Active

Property Notes

29 Strasburg, VA 22657


6,895± square foot freestanding Advance Auto Parts retail store built in 2014 with ample parking. Leased to ADVANCE STORES COMPANY, INC., for 15 years from February 20, 2014 until February 19, 2029 at the annual net rent of $110,000. The lease is net with the tenant responsible for all taxes, operating maintenance, roof, and most insurance. The landlord' s structural obligation is limited to the slab and walls. The landlord is also required to carry a $2 million of landlord liability insurance. There are three 5-year renewal options at 5% rental increases each option period.

Price $9,550,000


Cap Rate 6.29%


Status Active

Property Notes



11,886-square foot single-tenant free standing CVS Pharmacy in Fredericksburg, Virginia. This built-to-suit property sits on 1.32 acres with 62 parking spaces, drive-thru and two points of ingress/egress. There are 18 years remaining on the corporate guaranteed absolute triple-net (NNN) lease, with a 3-year rent holiday at the end of the term. The lease is backed by CVS Caremark Corporation, a publicly traded Fortune 500 company. Seller is willing to give a $727,500 rent credit for the three-year rent holiday at the end of the lease term, making this an effective 6.29% cap rate.

Price $8,177,000


Cap Rate 5.65%


Status Active

Property Notes



Tenant: Walgreen Co. (NYSE: WAG, S&P: BBB), together with its subsidiaries, operates 8,582 stores across 50 states, the District of Columbia and Puerto Rico. The company produced total revenues of more than $75.27 billion in 2014" Long-term Absolute NNN Lease: More than 20 years of primary lease term remaining with ten 5-year options to renew No Landlord responsibilities" Excellent Visibility: Ideally located at the signalized hard corner intersection of Rollingwood Drive/Southpoint Parkway and Courthouse Road (Traffic Count: 36,000 VPD), one of the area' s most heavily traveled arteries, just 1.5 miles from Interstate 95" Strategic Location: Situated just north of the ±400,000-square-foot Southpoint II Shopping Center which is anchored by Walmart Supercenter, Lowe' s Home Improvement and American Family Fitness. A myriad up upscale residential communities also surround the property" Dominant Retail & Commercial Corridor: Approximately 5.3 MSF of retail 3.3 MSF of combined office and industrial space within a 3-mile radius.

Price $4,838,000


Cap Rate 4.65%


Status Active

Property Notes

32 Woodbridge, VA 22192


15 year NNN ground lease to Sheetz. The corporately guaranteed lease has seven 5-year options with rent increases in each option period. Rent commenced on the lease in November, 2015. The tenant is entirely responsible for construction of improvements which are anticipated to be completed in the spring of 2016. Sheetz is one of the fastest growing privately-held convenience store chains in the country. It is based in Altoona, PA and According to Forbes, Sheetz is Number 54 on the list of America' s Largest Private Companies with 2014 revenues of $6.4 billion.

Price $2,876,923


Cap Rate 6.50%


Status Active

Property Notes

33 Emporia, VA 23847


The subject investment is a Burger King quick-service restaurant located in Emporia, Virginia. The property totals 1.33 acres and is comprised of approximately 4,973 square feet.The property is subject to an absolute, triple-net (NNN) lease with no landlord responsibilities. There are approximately 12+ years remaining on the initial term of the lease. The lease calls for 10 percent rental increases every five years plus percentage rent, which is potentially achievable in the future.

Price $2,200,000


Cap Rate 6.25%


Status Active

Property Notes

34 Mechanicsville, VA 23116


The subject investment is a Burger King quick-service restaurant located in Mechanicsville, Virginia. The property totals 1.09 acres and is comprised of approximately 4,432 square feet. The property is subject to an absolute, triple-net (NNN) lease with no landlord responsibilities. There are approximately 11.5 years remaining on the initial term of the lease. The lease calls for 10 percent rental increases every five years plus percentage rent, which is potentially achievable in the future.

Price $2,705,217


Cap Rate 5.75%


Status Active

Property Notes

35 Danville, VA 24540


Red Lobster located at 370 Mall Drive in Danville, Virginia. The property is roughly 5,498 square feet and is situated on approximately 0.33 acres of land. This Red Lobster is subject to a 20-year triple-net (NNN) lease, with roughly 19 years remaining on the lease. Current annual rent is$155,550. The rent is scheduled to increase by two percent annually, including through the four, five year tenant renewal options.

Price $1,514,000


Cap Rate 6.60%


Status Active

Property Notes

36 Staunton, VA 24401


Dollar General located in Staunton, Virginia. 11-years of primary term remain on the original 15-year lease, expiring July 31, 2027; with five, five-year options thereafter. The lease calls for a 3% rental increase in year 11 of the primary term (August 1, 2022) and 10% rental increases each option period. A true absolute triple-net leased offering, the tenant is responsible for all real estate taxes, insurance, maintenance and casualty damage. The lease is corporately guaranteed by the Dollar General Corporation (NYSE: DG), which currently boasts investment grade BBB- credit with a stable outlook according to Standard & Poor' s and was ranked #159 on Fortune 500' s 2015 rankings of America' s largest corporations. Additionally, Dollar General is America' s largest small-box discount retailer by sales, with 2014 revenues amassing $18.4 billion.

Price $1,431,200

Building Size 868 SF

Cap Rate 6.50%


Status Active

Property Notes

37 Portsmouth, VA 23707


Rally' s located at 1101 Frederick Blvd in Portsmouth, Virginia. The tenant entered into a 20-year triple-net lease in 2005 with absolutely no landlord responsibilities. There are approximately ten years remaining on the current lease. The property sits on approximately one-half of an acre. The building size is 868 square feet and also has a double drive-thru as well as outdoor seating. The lease calls for a 7.5%rental escalations every 5 years including during the four, five-year option periods.

Price $5,133,734


Cap Rate 5.25%


Status Active

Property Notes

38 Fairfax, VA 22033


Wendy' s located in Fairfax, Virginia. 29-years of primary term remain, expiring February 2045; with four, five-year options thereafter. A true absolute net leased offering, the tenant is responsible for all real estate taxes, insurance, repairs and maintenance, and casualty damage to the property; there are absolutely no landlord responsibilities. The lease is corporately guaranteed by DavCo Restaurants, Inc., one of the world' s largest Wendy' s franchisees, DavCo operates more than 150 restaurants in the Maryland, Washington, DC, and Northern Virginia metropolitan areas. Having occupied this site for 22-years, DavCo further demonstrated their commitment to the location by recently amending the lease, extending the primary term to February 28, 2045 (29+ years of primary term). Additionally, the tenant added four, five-year options extending through February 28, 2065. The lease also includes attractive 10% rental escalations every five years throughout both the primary term and option periods.

Price $1,023,050


Cap Rate 6%


Status Active

Property Notes

39 Manassas, VA 20110


Free standing Building Zoned Light Vehicle Repair currently being used for Tinting and Detailing Business for Residential, Commercial and Automotiveuse. Business Not For Sale. Do not disturb Tenant. Property not affected by RT 28 construction and not subject to any condemnation proceedings.

Price $12,556,500


Cap Rate 5.20%


Status Active

Property Notes



NNN Walmart Neighborhood Market, recently opened for business. Located in Virginia's state capital. The Neighborhood Market is Walmart' s smaller grocery concept (launched in 1998) giving customers a more convenient shopping experience than the typical Walmart Supercenter. The Supercenter is typically 160,000 square feet. In contrast, the Neighborhood Market is approximately 40,000 square feet and has a fuel center and a drive-thru pharmacy for increased convenience. Walmart' s strategy is to open another 270 of these small-format stores and have a total of 500 operating by early next year.

Price $2,999,999


Cap Rate 5.17%


Status Active

Property Notes

41 Centreville, VA 20120


34,505 sqft lot 2846 sqft Building 5 Bays Free Standing Building Dual Special Exception1) Major Vehicle Repair (BODY WORK/PAINTING) & Transmission/Engine replacement/repair2) Service Station (Gas Station & Light Vehicle Repair) Property is not subject to any condemnation proceedings. Business not for Sale. Do not disturb Tenant. Triple Net Lease. Tenant pays for all repairs, maintenance, Insurance and RE Taxes.

Price $1,066,667


Cap Rate 6.75%


Status Active

Property Notes

42 Surry, VA 23883


Dollar General single tenant leased investment located in Surry. VA.The original term through October 31, 2018 was extended through December 31, 2022. Three five year renewal options remain with 9% fixed rent increases. Dollar General pays taxes and insurance and $379.17 per month/$4,550.04 per year for parking lot & grounds maintenance. The landlord is responsible for roof, structure and major repairs in excess of $1,500 per occurrence.

Price $2,474,900


Cap Rate 5.15%


Status Active

Property Notes



INVESTMENT HIGHLIGHTS- Very strong Northern Virginia location (Washington, DC corridor)- High income area- 53,000 vehicles per day on Jefferson Davis Highway(Chili' s located near intersection with Southpoint Parkway)- Subject Property is located across from Wal-Mart in a major retail corridor.

Price $3,854,431


Cap Rate 6.50%


Status Active

Property Notes

44 Virginia Beach, VA 23452


Extremely Strong Branch Approx. $85 Million in Deposits Rare 3% Annual Increases NNN Lease Structure Minimal Landlord Responsibilities (Roof & Structure)3.5 Years Remaining on Lease Term Affluent Trade Area Avg. Household Income Approx. $80,000 within 5 Miles Freeway Adjacent Location.

Price $5,173,000


Cap Rate 5.30%


Status Active

Property Notes



Fee simple CVS (BBB+) property located in Winchester, VA. The lease is 100%guaranteed by CVS Caremark Corporation. The subject property opened in September 2005. These CVS property are under twenty-five (25) year leases with approximately sixteen (16) years remaining on the initial lease term. The lease offers ten (10) extension periods of five (5) years per period. A bond lease' or hell-or-high-water lease' is the most absolute form of the NNN Lease. The tenant is responsible for every real estate risk related to the property and is responsible for every single property related expense, even in instances of a material casualty/condemnation. This lease includes a three year rent holiday during the last years of the initial lease term (CVS does not pay rent for the last three years only). A rent credit or discount will be offered at closing to alleviate the rent holiday.

Price $4,139,000


Cap Rate 5.30%


Status Active

Property Notes

46 Bassett, VA 24055


Fee simple CVS (BBB+) property located in Stanleytown, VA. The lease is 100%guaranteed by CVS Caremark Corporation. The subject property opened in September 2005. These CVS property are under twenty-five (25) year leases with approximately sixteen (16) years remaining on the initial lease term. The lease offers ten (10) extension periods of five (5) years per period. A bond lease' or hell-or-high-water lease' is the most absolute form of the NNN Lease. The tenant is responsible for every real estate risk related to the property and is responsible for every single property related expense, even in instances of a material casualty/condemnation. This lease includes a three year rent holiday during the last years of the initial lease term (CVS does not pay rent for the last three years only). A rent credit or discount will be offered at closing to alleviate the rent holiday.

Price $1,455,000


Cap Rate 7%


Status Active

Property Notes

47 Ridgeway, VA 24148


9,100 square-foot freestanding Dollar General property situated on 1.85 acres and located in Ridgeway, VA. The Property was a brand new build-to-suit facility for the tenant in 2013. Dollar General is operating under a fifteen (15) year absolute triple net (NNN) lease with more than 12.5 years of remaining primary term. The lease features a 3% increase in year 11 of the primary term, as well as 10% increases in each of the five (5), five (5) year option periods. The property is strategically located in the market of Ridgeway, VA, situated to serve the tenant' s targeted demographic, with a population of 10,500 and an average household income of $46,400 within a five (5) mile radius. The property is 100%leased to Dollar General Corporation (NYSE: DG, S&P: BBB-). Dollar General currently operates more than 11,800 stores in 43 states, and boasted revenues in excess of $18.91 billion as of January 2015 with a current net worth of approximately $5.71 billion. The company' s revenues rose by 9% in fiscal 2014 driven by a same-store sales increase of 3% and a consumables revenues increase of 11%.

Price $1,853,062


Cap Rate 6.40%


Status Active

Property Notes

48 Warsaw, VA 22572


-NEW 15 YR Build-to-Suit Dollar General-3% Rental Increase Yr 11-Steel Frame and Brick Veneer-Lease Commenced December 1, 2014-Corner Parcel over 2 Acres of land.

Price $1,440,858


Cap Rate 6.50%


Status Active

Property Notes

49 Blairs, VA 24527


Dollar General of approximately 9,026 square feet located in Blairs, Virginia. Dollar General has signed a 15 year absolute net lease with 10 percent rent increases between each of the five, five year renewal options. The lease is guaranteed by Dollar General Corporation, which is publicly traded on the New York Stock Exchange under the ticker "DG" and has a current "BBB-" credit rating by Standard & Poor's. Dollar General is scheduled to be completed in June 2015, wherein the rent will commence on August 6, 2015. The property will feature a stylish concrete tilt design with modern finishes.

Price $1,250,000


Cap Rate 4%


Status Active

Property Notes

50 Rustburg, VA 24588


Corporate ground lease to McDonald's offered at a 4% cap rate. 14 years remaining on initial 20-year term. 10% rent increases every 5 years with 6 five-year renewal options.

Price $1,600,000


Cap Rate 6%


Status Active

Property Notes

51 Wytheville, VA 24382


Brand new O'Reilly Auto Parts with 20 year NN Lease with limited LL responsibilities. Roof carries a 25yr warranty. 6% increase in year 11 and each of the 3 Five year options. Available to close August 1st 2015.

Price $1,872,800


Cap Rate 5.75%


Status Active

Property Notes

52 Harrisonburg, VA 22801


Under construction currently is this stand-alone 7,500 SF Butler-Metal building, which upon completion will have a twenty year NN lease with O'Reilly Auto Parts. Tenant will be responsible for all expenses except roof & structure (both roof and structure will be delivered with 20-year manufacturer's warranties). 6% rent increase in Year 11 of lease, and every 5-year option upon expiration of primary term.

Price $5,100,000


Cap Rate 6.10%


Status Active

Property Notes

53 Hampton, VA 23666


The asset offered provides an investor the 100% fee simple interest in land and building. The property is leased to Walgreen's under a 25 Year (NN) net lease. Built in 1997, this asset boasts quality Class A construction, and provides for true pride of ownership along with a secure income stream backed by investment grade credit. The Lease was recently extended through 2028 based on consistently excellent sales.

Price $1,675,000


Cap Rate 6.67%


Status Active

Property Notes

54 Blackstone, VA 23824


An absolute net lease agreement was executed April 23rd, 2007 by Starboard Group of Richmond South, LLC, a subsidiary of Starboard Group, which operates 180 Wendy's restaurants. Rent is set at eight percent of gross sales with a base minimum. Lease is guaranteed by a total of 22 Wendy's units.

Price $1,309,453


Cap Rate 6.40%


Status Active

Property Notes

55 Halifax, VA 24558


Upgraded Construction with this local jurisdiction required all brick front and exterior lighting features. 15 Year Corporate Net Lease with 3% Rent Increases in Year 11 and 10% Rent Increases in Option Periods. Corner Location with excellent visibility and access at the intersection of HWY 501 and HWY 360.

Price $1,454,500


Cap Rate 6.35%


Status Active

Property Notes

56 Petersburg, VA 23803


15 year corporate net lease with Corporate Guaranty. Investment grade credit of BBB- by S&P. The Dollar General features a 3% increase in year 11 and 10%Rent Increases in Option Periods.

Price $4,101,272


Cap Rate 5.85%


Status Active

Property Notes

57 Lynchburg, VA 24502


Red Lobster located at 3425 Candlers Mountains Road in Lynchburg, Virginia. The property is 7,249 square feet and is situated on approximately 1.86 acres of land.This Red Lobster is subject to a 25-year triple-net (NNN) lease, with roughly 23.50 years remaining on the lease. Current annual rent is $239,924. The rent is scheduled to increase by two percent annually, including through the four, five year tenant renewal options. Red Lobster is the largest seafood restaurant concept in the world and is an iconic full service brand with broad demographic appeal and significant advertising budget. Red Lobster is led by an experienced management team with a history of success leading the brand(average 27+ years experience across executive team). The company generates $2.5 billion in revenue and is the 5th largest causal dining concept in North America. Red Lobster was recently acquired by Golden Gate Capital.

Price $6,018,159


Cap Rate 5%


Status Active

Property Notes

58 Fairfax, VA 22030


Red Lobster located at 10325 Fairfax Boulevard in Fairfax, Virginia. The property is 7,537 square feet and is situated on approximately 2.37 acres of land.This Red Lobster is subject to a 25-year triple-net (NNN) lease, with roughly 23.75 years remaining on the lease. Current annual rent is $300,908. The rent is scheduled to increase by two percent annually, including through the four, five year tenant renewal options. Red Lobster is the largest seafood restaurant concept in the world and is an iconic full service brand with broad demographic appeal and significant advertising budget. Red Lobster is led by an experienced management team with a history of success leading the brand(average 27+ years experience across executive team). The company generates $2.5 billion in revenue and is the 5th largest causal dining concept in North America. Red Lobster was recently acquired by Golden Gate Capital.

Price $3,051,856


Cap Rate 6.25%


Status Active

Property Notes

59 Christiansburg, VA 24073


Strong Guarantee | Apple Investors Group | 51 Unit Guaranty Absolute Triple Net | Zero Landlord Responsibilities12+ Years Remain on Base Term Plus Options10% Rent Increases Every 5 Years Easy access for vehicles travelling on U.S. Route 460 Bypass, the primary access road connecting I-81 (47,000 AADT) to nearby Virginia Tech There are over 45,000 college students within a 15 minute drive, highlighted by Virginia Tech and Radford University.

Price $1,917,176


Cap Rate 5.95%


Status Active

Property Notes



Brand New 20-Year Lease Absolute Triple-Net Zero Landlord Responsibilities Experienced Franchisee7.5 Percent Bumps Every Five Years High Average Household Income Increased by 43%Over $75,000 in High Average Household Income Over 29% Population Increase Over 60,000 Residents within 5 Miles Ample Parking with Drive Thru CORNER LOT Right off the Interstate Over 30,000 Vehicles Per Day.

Price $2,792,370


Cap Rate 5.95%


Status Active

Property Notes

61 Warrenton, VA 20186


Brand New 20-Year Lease Absolute Triple-Net Zero Landlord Responsibilities Experienced Franchisee7.5 Percent Bumps Every Five Years Corner Lot with Great Visibility Single Tenant Net Leased Asset Right On Virginia State Route 211Scheduled for Image Activation New Prototype / Brand New Building Over $120,000 in High Average Household Income36,000 Vehicles Per Day Over 25% Population Increase Household Income Increased by 40% Since 2000Ample Parking with Drive Thru.

Price $7,225,000


Cap Rate 4.95%


Status Active

Property Notes

62 Ashburn, VA 20147


17 Yrs Remain on Absolute NNN Bank Ground Lease * $67M in Branch Deposits as of 6/30/2015. Subsidiary of Middleburg Financial Corp.

Price $4,814,380


Cap Rate 5%


Status Active

Property Notes

63 South Hill, VA 23970


CVS store located in South Hill, VA. The property is offered free and clear of debt. The property has a new 25-year triple-net lease in place with no landlord responsibilities and no rent holiday.

Price $2,060,000


Cap Rate 5.10%


Status Active

Property Notes



-3.6 acres of land-Clean environmental report-Quick close-40 year ground lease with 20 years remaining-Lease contains a corporate and personal guarantee-Potential owner financing-Net income $105,415-10% increase every 5 years.

Price $1,100,000

Gross Leasable Area 12,370 SF

Cap Rate 7%

Property Sub-type Strip Center

Status Active

Property Notes

65 Gloucester Point, VA 23062


Building 1: Approximately 8,500 sq.ft. built in 1965 Building 2: Approximately 3,870 sq.ft. built in 1980.

The information above was provided by the property owner or the listing broker. Contact us to confirm availability and to receive additional information.

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