This week's NNN deals
TMO has scoured the NNN market this week and has sifted through hundred's of triple net properties. Here are the top five NNN deals worth taking a look at for your triple net investment. Contact TMO for more details on any of the following deals via email or phone at 1.866.539.1777 or twitter @andrusmorgan KFC Quincy, Florida $1,075,900 Cap Rate: 7.25%
Gold’s Gym Grand Junction, CO $10,825,000 Cap Rate : 8.25% Built in 2007, this 53,640 gym will offer a brand new 15year NNN upon close of escrow, including three 5year options and rental escalations every 5years during the base term and annually during the option periods. One of the highest performing Gold's Gyms in the state if not the country. Located just south of a WalMart Super Center, Sam's Club, Golden Corral Buffet, Office Max and GameStop
Brand New Verizon Wireless Retail Store Jacksonville, FL $1,312,400 Cap Rate: 9.00 % * Strong Tenant Cellular Sales of Knoxville, Inc. has 400+/ Units * Corner Location Opposite Corners are Walgreens, CVS/pharmacy, and Compass Bank * Brand New 10Year Lease with Growing Tenant * Ten Percent Increase Every Five Years
Family Dollar Stores, Inc. Saginaw, Michigan $768,750 Cap Rate : 8.00% * Ten (10) Year NN lease with approximately 5.5 years remaining in base lease term * Four (4), Five (5) year renewal options still in place offering * Attractive 10% rent increases every Five (5) years
Deals are a sampling of available NNN inventory from around the US and are for reference only.