Deal Roulette - NNN Dunkin Donut in PHX

What nearby deal is a good NNN real estate investment?

TMO plays a game of deal roulette and looks at a net leased NNN Dunkin Donuts property for sale with 9 years on a absolute triple net lease.

It is a nice NNN building in downtown Phoenix, an attractive piece of real estate. It features a great location on 16th St and Bethany Home Road NNN Dunkin Donut For Sale which is quite a busy intersection with high traffic volume and a number of other properties nearby.

However, it has pretty aggressive cap rate and high per square foot rate, but it looks like it could be a good deal.

The price is $2,375,000

Deal Roulette rating is A- to B+.

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About the NNN Dunkin Donut For Sale Tenant:

Dunkin’ Brands Group, Inc., together with its subsidiaries, owns, operates, and franchises quick service restaurants under NNN Dunkin’ Donuts worldwide. The company operates in four segments: NNN Dunkin’ Donuts U.S., NNN Dunkin’ Donuts International, Baskin-Robbins International, and Baskin-Robbins U.S. Its restaurants offer hot and cold coffee, donuts, bagels, muffins and sandwiches, hard-serve ice cream, frozen beverages, baked goods, and other products. As of February 10, 2014, the company had approximately 11,000 Dunkin’ Donuts restaurants and 7,300 Baskin-Robbins restaurants, which are primarily owned and operated by approximately 2,000 franchisees, licensees, and joint venture partners. Dunkin’ Brands Group, Inc is publicly traded on the NASDAQ (DNKN) with a market capitalization in excess of $4.5 billion.

These Passive Investments Pay You to Golf

Every wish you were a golf pro or could get paid to golf?

Get paid to do what you love.

At some point we all wish we could get paid to do what we love.  (see: doing what you love while getting paid) Does it matter where the money comes from?  Do you have to be Tiger Woods to get paid while you play golf?  No.  You can get paid by other sources while playing golf.

Passive investments allow you to be "passive" and collect money from the investments.  A business is active and Tiger Woods is a business.  He has to work to make money.  He has to show up.  He has to perform.  Then he collects.

Tiger does have many passive parts to his business like his endorsements which allow him to collect money while doing other things besides playing golf.  Regardless of his golf performance or his tabloid success Tiger Woods will be able to collect passive income for life just because he is Tiger Woods.

Unfortunately, you are not Tiger Woods.

However, you can still get paid to play golf. 

Consider these passive real estate investments. 

These triple net properties require little or no management and will pay you while you play golf, they will pay you while you travel, even pay you while you eat and sleep.  The leases are triple net so the tenant takes care of pretty much everything and you collect the rent check.... while doing what you love.

These triple net properties pay you to do what you love.

Contact TMO for more details on passive real estate investments like these triple net properties:

Lowe's Net Leased Property $6,665,000 Excellent location across from a Walmart anchored retail corridor,Average Household income of $83,141 in 5mile radius,Absolute net lease, Attractive assumable financing requiring only $1.4M.

FedEx Net Leased Property $6,000,000 Cap rate 7.23% Fifteen (15) Year Lease, FedEx Corporate Guarantee (BBB), Expandable Facility

hhgregg Net Leased Property $6,143,000 8.50 % Situated on Major Retail Corridor with Over 78,000 Vehicles Daily, Irreplaceable Retail Location with Outstanding      Residual Value, Growing, Publicly Traded Regional Retailer with 174 Store Network

Orchard Supply Hardware Net Leased Property $11,110,000 Cap Rate 7.5% Rent increase by 11% in 2014, Primary lease, The Kroger Co - S&P rated BBB, Assumable $7.5 million loan

Starbucks Plaza Net Leased Property $4,604,000 8.20% Cap Rate 100% Occupied Strip Center with historically low vacancy. Mix of national, regional and local tenants, heavily Trafficked, Signalized Intersection Location.

National Tire and Battery Net Leased Property $ 3,668,000 Cap Rate: 7.50% Brand New 20-Year Lease with National Tire and Battery.Cpi increases every Five year with max of 12 persent. New sweven year lease with American mattress. average household income in 1 mile radius - $129,000. over 11800 resident in 5 miles.

Contact TMO for more details on any of the above passive investments and net leased NNN property deals via email or phone at 1.866.539.1777

Deals are a sampling of available NNN inventory from around the US and are for reference only.

Passive Investments: 5 Net leased deals that caught my eye

Here are 5 Net leased deals that caught my eye this past week as great passive investments....

Starbucks Texas $1,120,000 7.5% "BBB+" Credit Rating, Out parcel to 191,000 SF Ross & Bealls Anchored Center

NNN AT&T Strip Center Raleigh, NC $4,744,800 Retail shopping center in Raleigh, North Carolina.

AutoZone Office Building CA (Sacramento) $15,700,000 6.64% Autozone Net Leased Office Building Guaranteed by AutoZone, Inc (NYSE: AZO). S&P Rated BBB investment In Rent Class A Build-to-Suit Completed in 2009. Mission Critical Facilty-Headquarter of ALLDATA,Wholly Owned Subsidiary of Autozone.

AT&T Zachary, LA $19,03,000 8% 10 Year Lease (2011 Construction) 10% Increase Every Five year "A" Standard and Poor Credit Rating

Whirlpool Distribution Building Omaha, NE $2,200,000 8.75% Incredible location in one of Omaha’s top Industrial park’s near 96th and L street.

Contact Thomas Morgan, CCIM for more details on any of the above passive investments and net leased NNN property deals via email or phone at 1.866.539.1777

Deals are a sampling of available NNN inventory from around the US and are for reference only.

Current NNN Cap Rates

Here is a great chart of current asking cap rates for single tenant NNN deals. It is sorted by NNN tenant and NNN year built. Originally published in Western Real Estate Business May 2013. Data by Boulder Group.

"Ignore the Recession" - More reasons to buy a Net Leased TSC

TSC is one of my favorite NNN tenants. Nice buildings, great locations, solid financials, long leases, low management for owners; the list goes on and on. ABC News Nightline did a segment this week of why TSC is a "Recession Proof Retailer". TSC's internal strategy has been to "ignore the recession". It appears to have worked.

SOLD: $12M Walgreens Property

In August, TMO represented the buyer of a northern California NNN Walgreens property. The property sold for $12,184,846 and is leased on an absolute triple net basis to Walgreens (Ticker: WAG) on a 75 year lease with 24 firm years remaining.  The buyer was a privately held real estate investment company from New York who was in a 1031 Exchange.  The seller was represented by Capital Pacific.  The low leverage transaction was financed by Lafayette Life Insurance Company  which was placed by Ed Isola from Isola & Associates.

For further details about the cap rate and financing terms, please contact Thomas Morgan, CCIM via email or toll free at 1-866-539-1777.

We sell Walgreens throughout the entire U.S.! Ask about a FREE no obligation NNN consultation.

Contact Thomas Morgan, CCIM to find out more about the benefits of Walgreens Real Estate Investments.

1.866.539.1777

SOLD: TMO sells another net leased TSC

TMO has just closed on the sale of a NNN property in NC that is net leased to Tractor Supply Company.   The sale price was just over $3.2M nearing an 8% cap rate.  TMO represented the buyer who is a private investor in a 1031 Exchange.  The seller was represented by SJC.

The property is leased on an absolute net basis to TSC for another 10 years ensuring a long term passive investment for the owner.  Tractor Supply Company is an operator of retail farm and ranch stores in the United States. 

TMO provides clients with passive investment opportunities like this around the U.S.  Net leased properties give investors peace of mind, long term stable cash flows with very low risk.

Contact TMO for a free investment evaluation via email or toll free at 1.866.539.1777

SOLD: net leased Tractor Supply

TMO is pleased to have represented a private investor in the purchase of a NNN leased Tractor Supply property in Texas.  The all cash transaction closed in under 30 days for $2,242,500 at a cap rate of 8%.

"Tractor Supply (TSCO) is a great reliable tenant with a solid business model which provides my client with peace of mind for years to come." says Thomas Morgan, CCIM.  "TSC's may be in smaller markets but that is where their customers are and they serve the rural farming towns perfectly.  Compared to a NNN Walgreens or fast food NNN investment, TSC's have a lot of residual value in the real estate as they are on large lots, usually 4-5 acres and have decent size buildings of around 20,000 sf built of block."

Marcus Millichap represented the Seller.

What does NNN stand for in real estate?

The "What does NNN stand for in real estate?" has moved to this page: What is Triple Net NNN? Triple net lease definition

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