We represent clients looking for matching NNN properties: Buyer #1: Walgreens with 15 or more years firm term. Anywhere in US. Price and cap rate dependent on location and term up to $8M.
Buyer #2: Tractor Supply, anywhere in US, price and cap rate dependent on location, term and lease type. Former absolute net leases preferred but would look at brand new NN leases.
Buyer #3: Bite size ($300k to $500k) NNN deal anywhere in US with credit tenant, 5 years minimum on term, 7% cap or higher.
Off-market deals preferred. Have seen everything on Loopnet. No daisy-chains please.