tammy a. saia market summary national retail...

Market Summary Prepared For : N E W R E T A I L 4 . 2 0 . 1 5

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This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2015 Marcus & Millichap

Tammy A. Saia National Retail Group

Tel: (630) 570-2226 Fax: (630) 570-2210

License: IL 475.146070 [email protected]

www.marcusmillichap.com/TammyASaia

H a c i e n d a P l a z a • 1 6 2 3 - 1 6 2 9 W e s t S e v e n t e e n t h S t r e e t • S a n t a A n a , C A

Price $18,935,000 Down Payment $18,935,000 (100%) Net Operating Income $1,136,075 Gross Leasable Area 77,610 Price/Square Foot $243.98 CAP Rate 6.00% Lot Size 4.17 Acres Year Built 1976

Major Tenants Northgate Market Hacienda Restaurant Dob Roberto Jewelers

Marcus & Millichap is pleased to offer for sale Hacienda Plaza, a mixed-use retail/medical office center located at the northeast corner of West Seventeenth Street and College Avenue in the City of Santa Ana.

Activity ID: W0100176

S t o p & S h o p • 9 3 2 N o r t h M o n t e l l o S t r e e t • B r o c k t o n , M A

Price $18,073,214 Down Payment $18,073,214 (100%) Net Operating Income $1,265,125 Rentable Square Feet 65,425 Price/Square Foot $276.24 CAP Rate 7.00% Lot Size 5.46 Acres Year Built 2003 Lease Type Double Net

Lease Term 20 Years Lease Expiration Date 9/30/2023 Increases Every Five Years Options (10) Five Year Options Lease Guarantor Corporate Guarantee Ownership Private

Marcus & Millichap has been selected to exclusively market for sale the fee simple interest of a Stop & Shop in Brockton, Massachusetts.


S a h a r a D u r a n g o C e n t e r • 8 4 6 5 W e s t S a h a r a A v e n u e • L a s V e g a s , N V

Price $12,891,000 Down Payment $3,867,300 (30%) Net Operating Income $683,302 Gross Leasable Area 44,497 Price/Square Foot $289.70 CAP Rate 5.30% Lot Size 4.43 Acres Year Built 1995

Major Tenants Smart & Final Del Taco H&R Block Great Clips Biscuits Cafe

The shopping center consists of two separate buildings, a Smart & Final anchored shopping center and a pad occupied by Del Taco, totaling approximately 44,497 square feet.


W i l l o w B e n d C r o s s i n g • 1 8 5 5 D a l l a s P a r k w a y • P l a n o , T X

Price $8,465,000 Down Payment $8,465,000 (100%) Net Operating Income $512,234 Gross Leasable Area 14,555 Price/Square Foot $581.59 CAP Rate 6.05% Lot Size 2.12 Year Built 2015

Major Tenants Shell Shack LA Bikini Jersey Mike's Subs Salata Wok Box Torchy's Tacos

Willow Bend Crossing allows an investor the ability to obtain a brand new, 100 percent occupied, Class A retail center located in one of the highest demographic submarkets in the nation.



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Tel: (630) 570-2226 Fax: (630) 570-2210



C e n t r a l P a r k • 1 7 0 6 W e s t I r v i n g B o u l e v a r d • I r v i n g , T X


Major Tenants Auto Zone Family Dollar H&R Block Rent-A-Center Terry's Supermarket Maxtel Wireless

Marcus & Millichap is pleased to present Central Park, a 107,344-square foot shopping center located in Irving, Texas.


C V S / p h a r m a c y • 3 9 4 G a r r i s o n v i l l e R o a d • S t a f f o r d , V A

Price $7,297,992 Down Payment $7,297,992 (100%) Net Operating Income $364,900 Rentable Square Feet 14,600 Price/Square Foot $499.86 CAP Rate 5.00% Lot Size 3.42 Acres Year Built 2014 Lease Type Absolute Net

Lease Term 25 Years Lease Expiration Date 1/1/2040 Increases FMV Options 10 Lease Guarantor CVS Health Corporation (NYSE:

CVS) Ownership Public

The subject property is a single-tenant, freestanding CVS/pharmacy located in Stafford, Virginia.


S u m m e r l i n P l a z a • 9 4 2 R o u t e 3 7 6 • W a p p i n g e r F a l l s , N Y


Major Tenants Subway Dutchess Animal Clinic Last Chance Bar & Grill Giacomo's Betty Jean's Dance Verizon Health Quest Endless Sun

The subject offering is a portfolio of two neighboring shopping centers in Wappinger Falls, New York, which consists of 59,490 square feet and rests on 7.85 acres.


C V S / p h a r m a c y • 2 0 1 S o u t h J a c k s o n S t r e e t • F r a n k f o r t , I N




The subject property is a single-tenant, freestanding CVS/pharmacy located in Frankfort, IN.



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Tel: (630) 570-2226 Fax: (630) 570-2210



O s c e o l a S q u a r e S h o p p e s • 3 7 1 1 W e s t V i n e S t r e e t • K i s s i m m e e , F L

Price $6,300,000 Down Payment $1,575,000 (25%) Net Operating Income $412,000 Gross Leasable Area 10,616 Price/Square Foot $593.44 CAP Rate 6.54% Lot Size 3.58 Year Built 2007

Major Tenants Chase Bank Starbuck's Amscot VLA Communications

Osceola Square Shoppes Net Lease Investment


W a l g r e e n s • 1 3 9 0 1 M e t r o p o l i t a n P a r k w a y • S t e r l i n g H e i g h t s , M I

Price $6,032,000 Down Payment $6,032,000 (100%) Net Operating Income $377,000 Rentable Square Feet 14,490 Price/Square Foot $416.29 CAP Rate 6.25% Lot Size 2.95 Acres Year Built 2002 No. of Locations 8,217 Lease Type Absolute-Net

Lease Term 25 Years Lease Expiration Date 12/31/2027 Increases Percentage Rent Options 9 5-Year Options Sales $76.39 Billion Net Worth $1.93 Billion Lease Guarantor Corporate Guarantee Ownership Public

This is an excellent single-tenant net-leased asset in a good northern Detroit suburb.


C V S / p h a r m a c y • 2 2 1 0 W e s t T u s c a r a w a s S t r e e t • C a n t o n , O H




The subject property is a single-tenant, freestanding CVS/pharmacy centrally located in Canton, OH.


C V S / p h a r m a c y • 2 0 1 5 F a y e t t e v i l l e R o a d • V a n B u r e n , A R




The subject property is a single-tenant, freestanding CVS/pharmacy located in Van Buren, AR.



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9 D e b e v o i s e S t r e e t • 9 D e b e v o i s e S t r e e t • B r o o k l y n , N Y

Price $4,500,000 Down Payment $4,500,000 (100%) Net Operating Income $240,934 Gross Leasable Area 4,500 Price/Square Foot $1,000.00 CAP Rate 5.35% Lot Size 5,000 square foot Year Built 1988/2005

Marcus & Millichap is pleased to present 9 Debevoise Street. The subject property is a retail and office building located between Broadway and Graham Avenue in the East Williamsburg neighborhood of Brooklyn.


C r e s c e n t C e n t e r • 1 2 5 5 0 S o u t h M i l i t a r y T r a i l • B o y n t o n B e a c h , F L

Price $4,255,000 Down Payment $1,063,750 (25%) Net Operating Income $328,174 Gross Leasable Area 25,065 Price/Square Foot $169.76 CAP Rate 7.71% Lot Size 2.54 AC Year Built 1997

Major Tenants Family Automotive Foreign Auto Repair Huntley Insurance Brake Zone

Crescent Center is a 25,065 square foot multi-tenant auto-service plaza located off South Military Trail in Boynton Beach, Florida.


W a l g r e e n s G r o u n d L e a s e • 2 2 2 5 E W a l n u t A v e • D a l t o n , G A

Price $3,960,000 Down Payment $3,960,000 (100%) Net Operating Income $198,000 Rentable Square Feet 14,121 Price/Square Foot $280.43 CAP Rate 5.00% Lot Size 1.7 AC Year Built 2008 No. of Locations 8,400 + Lease Type Ground Lease

Lease Term 60 Years Lease Expiration Date 7/31/2068 Increases 5% Each Option Period Options Seven Sales $76.4 Billion Net Worth $20.5 Billion Lease Guarantor Corporate Guarantee Ownership Public

Marcus & Millichap is pleased to exlusively present the Walgreens ground lease opportunity located in Dalton, Georgia.


C a r y H i l l S h o p p i n g C e n t e r • 2 4 0 E a s t A s h l a n d S t r e e t • B r o c k t o n , M A


Major Tenants Save-A-Lot CVS Dunkin Donuts

Marcus & Millichap is pleased to exclusively offer for sale Cary Hill Shopping Center, a 37,525-square foot neighborhood strip shopping center located in Brockton, Massachusetts. The property is 100 percent leased to Save-A-Lot, CVS and Dunkin Donuts.



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3 0 4 1 - 3 0 4 5 A v e n u e U • B r o o k l y n , N Y

Price $3,874,000 Down Payment $3,874,000 (100%) Net Operating Income $106,827 Gross Leasable Area 10,354 Price/Square Foot $374.15 CAP Rate 2.76% Lot Size 4,226 SF Year Built 1925/2006

Major Tenants Urology Center Coldwell Banker Vacant

The subject offering is a three-story 10,800-square foot office building on Avenue U between Coyle Street and Ford Street in Brooklyn, New York.


H a v e n d a l e S q u a r e I I • 3 5 8 H a v e n d a l e B o u l e v a r d • A u b u r n d a l e , F L


Major Tenants Dollar General Little Caesars Fantastic Sams

The subject property is a 92,551 square foot retail building located in Havendale, FL


W e l l s F a r g o B a n k & O f f i c e B u i l d i n g • 1 3 5 4 5 H a w t h o r n e B o u l e v a r d • H a w t h o r n e , C A

Price $3,500,000 Down Payment $3,500,000 (100%) Net Operating Income $46,875 Rentable Square Feet 32,157 Price/Square Foot $108.84 CAP Rate 1.34% Lot Size 56,786 SF Year Built 1962 Lease Type Triple Net (NNN)

Lease Term 10 Years Lease Expiration Date 12/31/2024 Increases None Options None Lease Guarantor Corporate Guarantee Ownership Public

Marcus & Millichap is pleased to present 13545 Hawthorne Boulevard. This property has been master leased by a financial institution since 1964.


R e s i d e n t i a l H e a l t h C a r e F a c i l i t y • 1 9 1 1 & 1 9 1 7 C h u r c h S t r e e t • C o s t a M e s a , C A

Price $3,472,695 Down Payment $3,472,695 (100%) Net Operating Income $199,680 Rentable Square Feet 2,640 Price/Square Foot $1,315.41 CAP Rate 5.75% Lot Size 13404 Year Built 1950 Lease Type Double Net

Lease Term 15 Years Lease Expiration Date 1/31/2030 Increases 15.5% Yr 2 Lease Guarantor Personal Guarantee Ownership Private

Marcus & Millichap is pleased to present for sale a Residential Health Care Facility in Costa Mesa, Orange County, California.



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C V S / p h a r m a c y • 1 0 0 4 S h o o t i n g P a r k R o a d • P e r u , I L




The subject property is a single-tenant, freestanding CVS/pharmacy located in Peru, IL.


T h e L e a r n i n g E x p e r i e n c e • 8 8 6 Y o r k R o a d • W a r m i n s t e r , P A

Price $3,310,345 Down Payment $3,310,345 (100%) Net Operating Income $240,000 Rentable Square Feet 10,000 Price/Square Foot $331.03 CAP Rate 7.25% Lot Size 1.82 acres Year Built 2011 No. of Locations 200+ Lease Type Double Net

Lease Term 15 years Lease Expiration Date 10/8/2026 Increases 10% every 5 years Options Two (five year) periods Lease Guarantor Limited Corporate Guarantee Ownership Private

Net Leased Child Care Center in Warminster , PA


P N C B a n k • 7 2 3 1 R o c k b r i d g e R o a d • L i t h o n i a ( A t l a n t a M S A ) , G A

Price $3,036,869 Down Payment $3,036,869 (100%) Net Operating Income $204,989 Rentable Square Feet 3,350 Price/Square Foot $906.53 CAP Rate 6.75% Lot Size 0.83 +/- Year Built 2004 Lease Type Double Net

Lease Term 15 Year & 4 Months Lease Expiration Date 9/30/2019 Increases N/A Options Three (3) Net Worth $44.55 Billion (2014) Lease Guarantor Corporate Guarantee Ownership Public

Marcus & Millichap is pleased to offer for purchase a freestanding, fee simple PNC Bank investment located at 7231 Rockbridge Road SW, DeKalb County, Lithonia, GA.


F r i e n d l y ' s • 1 4 7 L o u d o n R o a d • C o n c o r d , N H

Price $3,030,000 Down Payment $3,030,000 (100%) Net Operating Income $189,375 Rentable Square Feet 3,600 Price/Square Foot $841.67 CAP Rate 6.25% Lot Size 0.79 Acres Year Built 1968 Lease Type Triple Net (NNN)

Lease Term 20 Years Increases One and One half Percent

Aunnual Increases Starting Year Four

Options Four Lease Guarantor Corporate Guarantee Ownership Private

Marcus & Millichap is pleased to present the exclusive listing for Friendly’s located at 147 Loudon Road, Concord, New Hampshire.



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B i r c h G r o v e P l a z a • 4 3 5 5 2 4 t h A v e n u e • F o r t G r a t i o t , M I

Price $3,007,962 Down Payment $902,389 (30%) Net Operating Income $278,236 Gross Leasable Area 35,060 Price/Square Foot $85.79 CAP Rate 9.25% Lot Size 4.10 Acres Year Built 1991

Major Tenants Buffalo Wild Wings State Of Michigan Probation Department Citigroup One Main Financial Henry Ford Health System Opimeyes Sally Beauty Cosmo Prof Family Christian Bookstores Catherine's Munger Physical Therapy

This 35,060-square foot center is currently 93.56 percent occupied. Buffalo Wild Wings and the State of Michigan anchor the property. This center is on 24th Avenue, the main retail strip of Fort Gratiot, Michigan.


E x p r e s s W a y V i l l a g e • 5 0 7 N E x p r e s s w a y • G r i f f i n , G A

Price $3,000,000 Down Payment $750,000 (25%) Net Operating Income $302,136 Gross Leasable Area 81,400 Price/Square Foot $36.86 CAP Rate 10.07% Lot Size 11 Acres Year Built 1988

Major Tenants DaVita Dialysis Club Fitness Crossfit Super K Beauty GTO's Bar & Grill

$36 Dollars per Square Foot - 81,400 Square Foot Neighborhood Center - 93% Occupied


C o r p o r a t e B o j a n g l e s - 2 0 1 4 B u i l d t o S u i t • 1 4 8 F l i n t H i l l R o a d • F o r t M i l l , S C


Lease Term 15 Years Lease Expiration Date 8/15/2029 Increases 7.5% Increases Every Five Years Lease Guarantor Corporate Guarantee

Marcus & Millichap is pleased to present a Bojangles located at 3282 U.S. 21 in Fort Mill, South Carolina


B u f f a l o W i l d W i n g s - C o r p o r a t e • 2 3 1 5 W e s t I n t e r s t a t e 2 0 • G r a n d P r a i r i e , T X

Price $2,880,000 Down Payment $2,880,000 (100%) Net Operating Income $179,996 Rentable Square Feet 5,238 Price/Square Foot $549.83 CAP Rate 6.25% Lot Size 1.06 Acres Year Built 2004 No. of Locations 1,082 Lease Type Absolute Net

Lease Term 15 Years 6 Months Lease Expiration Date 3/30/2020 Increases 1% Annual Increases Options 4 Sales $1.423 Billion Lease Guarantor Corporate Guarantee Ownership Public

The subject property is a 5,238-square foot single tenant Buffalo Wild Wings restaurant in Grand Prairie, Texas. The absolute net lease has a corporate guarantee from a publicly traded company (NASDAQ: BWLD).



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A d v a n c e A u t o P a r t s • 1 3 7 0 B a r n u m A v e n u e • S t r a t f o r d , C T

Price $2,851,826 Down Payment $2,851,826 (100%) Net Operating Income $171,110 Rentable Square Feet 6,768 Price/Square Foot $421.37 CAP Rate 6.00% Lot Size 0.50 Acres Year Built 2015 Lease Type Double Net

Lease Term 15 Years Lease Expiration Date 9/14/2030 Increases In Option Periods Options (3) Five Year Options Lease Guarantor Corporate Guarantee Ownership Public

Marcus & Millichap has been selected to exclusively market for sale the fee simple interest of a newly constructed Advance Auto Parts in Stratford, Connecticut.


K F C / L o n g J o h n S i l v e r ' s • 8 1 7 E a s t N o r t h S t r e e t • R a p i d C i t y , S D

Price $2,833,000 Down Payment $2,833,000 (100%) Net Operating Income $170,000 Rentable Square Feet 4,082 Price/Square Foot $694.02 CAP Rate 6.00% Lot Size 0.92 acres Year Built 2007 No. of Locations 10 Lease Type Absolute Net

Lease Term 17 Years Lease Expiration Date 1/1/2032 Increases 1.50 Percent Annually Options Four Five-Year Options Sales Five-Year Store Sales Average -

$2,000,000 (est.) Net Worth N/A Lease Guarantor Franchisee Guarantee Ownership Private

The subject property is located at 817 East North Street in Rapid City South Dakota. This co-branded Kentucky Fried Chicken & Long John Silver's restaurant is a 4,082-square foot freestanding building on an approximately 0.92-acre parcel.


C a m p B o w i e S h o p p i n g C e n t e r • 5 7 0 0 L o c k e A v e n u e • F o r t W o r t h , T X

Price $2,750,000 Down Payment $962,500 (35%) Net Operating Income $202,359 Gross Leasable Area 18,873 Price/Square Foot $145.71 CAP Rate 7.36% Lot Size 1.148 Acres Year Built 1977

Major Tenants A Piece of Work Rocco's Wood Fired Pizza Nikki Green, DDS Irma's Catering Cryo Ice Salon 70 Szechuan

Marcus & Millichap is pleased to present the opportunity to acquire Camp Bowie Shopping Center, an 87 percent occupied multi-tenant retail center in Fort Worth, Texas.


7 6 G a s S t a t i o n & C o n v e n i e n c e S t o r e • 3 0 2 0 N e e d l e s H i g h w a y • L a u g h l i n , N V

Price $2,590,000 Down Payment $2,590,000 (100%) Net Operating Income $226,522 Gross Leasable Area 3,192 Price/Square Foot $811.40 CAP Rate 8.75% Lot Size .59 Acres Year Built 1999

Major Tenants 76

This 76 gas station with a convenience store sits on the frontage property of the only shopping center in Laughlin. The traffic counts are very good and a 9.56% cap rate.



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B i s c a y n e B o u l e v a r d R e t a i l C e n t e r • 1 3 7 5 0 B i s c a y n e B o u l e v a r d • N o r t h M i a m i B e a c h , F L

Price $2,495,000 Down Payment $2,495,000 (100%) Net Operating Income $117,606 Gross Leasable Area 4,207 Price/Square Foot $593.06 CAP Rate 4.71% Lot Size 24,329 Year Built 1998

Marcus & Millichap has been selected to exclusively market for sale Biscayne Boulevard Retail Center, a 4,20-square foot, multi-tenant retail center located in North Miami Beach, Florida.


1 1 0 0 S a n F e r n a n d o R o a d • S a n F e r n a n d o , C A

Price $2,490,000 Down Payment $2,490,000 (100%) Net Operating Income $131,600 Gross Leasable Area 15,000 Price/Square Foot $166.00 CAP Rate 5.29% Lot Size 7,623 SF Year Built 1929/1935

Marcus & Millichap has been selected to exclusively market for sale 1100 San Fernando Road, in San Fernando, California.


F a m i l y D o l l a r • 5 4 6 N o r t h 1 5 t h S t r e e t • I m m o k a l e e , F L


Lease Term 14.5 Years Lease Expiration Date 12/31/2029 Increases 10% Rental Increases Starting

Year 11 Lease Guarantor Corporate Guarantee

Marcus & Millichap is pleased to present the exclusive listing for a Family Dollar located at 546 North 15th Street in Immokalee, Florida.


P a n e r a B r e a d G r o u n d L e a s e & A T M • 1 0 7 5 W e s t G a n n o n D r i v e • F e s t u s ( S t . L o u i s M S A ) , M O

Price $2,300,000 Down Payment $2,300,000 (100%) Net Operating Income $110,080 Rentable Square Feet 4,560 Price/Square Foot $504.39 CAP Rate 4.79% Lot Size 1.01 Acres Year Built 2005 No. of Locations 1,800+ Lease Type Ground Lease

Lease Term 15 Years Lease Expiration Date 12/31/2021 Increases **See Rent Schedule Options Yes Sales $2.13 Billion Net Worth $821 Million Lease Guarantor Corporate Guarantee Ownership Public

Marcus & Millichap is pleased to present the opportunity to purchase the Panera Bread ground lease located at 1075 West Gannon Drive in Festus, Missouri.



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2 0 3 N o r t h E l C a m i n o R e a l • S a n C l e m e n t e , C A


Major Tenants Rocco's Restaurant On the Rocks Jewlers Pastry Shop

Marcus & Millichap has been retained as the exclusive advisor and agent, for the sale of 203 North El Camino Real.


S h o p p e s a t W i n n e m u c c a • 7 5 0 G r a s s V a l l e y R o a d • W i n n e m u c c a , N V

Price $2,290,000 Down Payment $916,000 (40%) Net Operating Income $166,413 Gross Leasable Area 15,435 Price/Square Foot $148.36 CAP Rate 7.27% Lot Size 1.44 Year Built 2007

Major Tenants Family Dollar Verizon Wireless Papa Murphy's Pizza

This Family Dollar anchored shopping strip center is located in Winnemucca, Nevada.


S t a r b u c k s R e t a i l P a d • 1 1 0 0 U S t r e e t • F r e s n o , C A

Price $2,277,000 Down Payment $2,277,000 (100%) Net Operating Income $129,507 Gross Leasable Area 4,814 Price/Square Foot $473.00 CAP Rate 5.69% Lot Size 0.40 AC Year Built 2002

Major Tenants Starbucks Ajit Singh, Pediatrician

The subject property is a freestanding two-tenant building sitting on a triangular shaped lot at the corner of Divisadero Street and U Street.


C a r l ' s J r . • 8 9 4 0 S p e n c e r H i g h w a y • L a P o r t e , T X


Lease Term 20 Years Lease Expiration Date 12/31/2031 Increases 10% Every Five Years Options 5 Five-Year Lease Guarantor Franchisee Guarantee Ownership Private

Absolute NNN Leased Investment



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C a r r a b b a ' s R e t a i l C e n t e r • 5 0 0 C o m m e r c e D r i v e • P e a c h t r e e C i t y , G A

Price $2,190,000 Down Payment $657,000 (30%) Net Operating Income $175,183 Gross Leasable Area 11,885 Price/Square Foot $184.27 CAP Rate 8.00% Lot Size 1.85+/- Acres Year Built 2005/2011

Major Tenants Carrabba's Branch & Vine The Music Garden Boulignini Boutique

The subject property is a Carrabba's anchored retail strip center in Peachtree City, GA.


W a l m a r t S h a d o w A n c h o r e d S t r i p C e n t e r • 1 6 1 1 M a i n S t r e e t • C h i p l e y , F L

Price $2,183,000 Down Payment $2,183,000 (100%) Net Operating Income $178,414 Gross Leasable Area 23,150 Price/Square Foot $94.30 CAP Rate 8.17% Lot Size 3.27 Acres +/- Year Built 2008

Major Tenants Dollar Tree CATO Verizon Wireless Hibbett Sporting Goods

23,150-square foot Walmart Supercenter shadow anchored strip center in Chipley, FL.


C o r p o r a t e B o j a n g l e s - 2 0 1 5 B u i l d t o S u i t • 9 0 1 W e s t 3 r d S t r e e t • P e m b r o k e , N C


Lease Term 15 Years Lease Expiration Date 3/18/2030 Increases 1.25% Annual Lease Guarantor Corporate Guarantee

Marcus & Millichap is pleased to present a Bojangles on 901 West 3rd Street in Pembroke, North Carolina.


A u t o Z o n e • 1 6 3 1 F M 1 9 6 0 W e s t • H o u s t o n , T X

Price $2,172,000 Down Payment $2,172,000 (100%) Net Operating Income $114,000 Rentable Square Feet 7,650 Price/Square Foot $283.92 CAP Rate 5.25% Lot Size 45,895 Square Feet Year Built 2004 No. of Locations 5,476+ Lease Type Triple Net (NNN)

Lease Term 21 Years Lease Expiration Date 8/31/2025 Increases In Options Options 4 (5-Year) Sales $9.48 Billion

Lease Guarantor Corporate Guarantee Ownership Public

Marcus & Millichap, as exclusive agent for the seller, is pleased to offer for sale AutoZone. Priced at $2,172,000, AutoZone offers an investor the opportunity to acquire a well-positioned cash flowing stabilized asset in a strong suburban corridor.



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C a r l ' s J r . N N N • 6 4 3 1 G a r t h R o a d • B a y t o w n , T X


Lease Term 20 Years Lease Expiration Date 5/31/2033 Increases 10% Every 5 years Options Five Options of Five Years Each Lease Guarantor Franchisee Guarantee Ownership Private

Absolute NNN Leased Investment


C V S G r o u n d L e a s e • 8 6 1 C e n t r a l S t r e e t • F r a n k l i n , N H

Price $2,100,000 Down Payment $2,100,000 (100%) Net Operating Income $105,000 Rentable Square Feet 13,225 Price/Square Foot $158.79 CAP Rate 5.00% Lot Size 4.06 Acres Year Built 2008 Lease Type Ground Lease

Lease Term 25 Years Lease Expiration Date 4/1/2034 Increases 5% in Initial Lease & Each Option Lease Guarantor Corporate Guarantee

CVS Ground Lease


A u t o Z o n e • 1 7 6 0 3 F M 5 2 9 R o a d • H o u s t o n , T X




Marcus & Millichap, as exclusive agent for the seller, is pleased to offer AutoZone on FM 529. Priced at $2,070,000, AutoZone offers an investor the opportunity to acquire a stabilized cash flowing asset in one of Houston’s fastest growing submarkets.


D o l l a r G e n e r a l P l u s | R e l o c a t i o n S t o r e | N N N • 3 1 0 H a n n a h D r i v e • O l i v e r S p r i n g s ( K n o x v i l l e ) ,

Price $2,062,298 Down Payment $2,062,298 (100%) Net Operating Income $131,987 Rentable Square Feet 12,480 Price/Square Foot $165.25 CAP Rate 6.40% Lot Size 1.54+/- Acres Year Built 2014 No. of Locations 11,500+ Lease Type Absolute Net

Lease Term 15 Years Lease Expiration Date 6/30/2029 Increases 10% in Options Options Yes Sales $17.5 Billion Lease Guarantor Corporate Guarantee Ownership Public

The subject property is a new construction Dollar General Plus store in Oliver Springs, TN.



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E x p r e s s O i l • 2 0 1 3 C e n t e r P o i n t P a r k w a y • B i r m i n g h a m , A L

Price $2,029,077 Down Payment $2,029,077 (100%) Net Operating Income $131,890 Rentable Square Feet 4,562 Price/Square Foot $444.78 CAP Rate 6.50% Lot Size 29,937 SF Year Built 2000 Lease Type Absolute Net

Lease Term 20 Years Lease Expiration Date 3/30/2026 Increases 10% Every 5 Years Lease Guarantor Corporate Guarantee Ownership Private

The subject property is an Express Oil located on Center Point Parkway in Birmingham, Alabama.


A u t o Z o n e • 2 4 9 3 7 F M 1 3 1 4 • P o r t e r , T X




Marcus & Millichap, as exclusive agent for the seller, is pleased to offer AutoZone for your consideration. Priced at $2,020,000, it offers an investor the opportunity to acquire a stabilized cash flowing asset in a growing part of the Houston MSA.


C V S S u b l e t t o D o l l a r G e n e r a l • 2 4 1 5 N o r t h 1 8 t h S t r e e t • W a c o , T X

Price $1,950,000 Down Payment $1,950,000 (100%) Net Operating Income $218,581 Rentable Square Feet 10,908 Price/Square Foot $178.77 CAP Rate 11.21% Lot Size 1.0 Acre Year Built 1999 No. of Locations 7600+ Lease Type Absolute Net

Lease Term 20 Years Lease Expiration Date 5/31/2019 Increases No Options Yes Sales $126.76 Billion Lease Guarantor Corporate Guarantee Ownership Public

The subject property is a 10,908-square foot building situated on one-acre lot. Dollar General has replaced CVS as the tenant and is operating under a triple-net lease with four years remaining on the base term.


D a l l a s M S A A b s o l u t e N e t C o m m e r c i a l B u i l d i n g • 2 0 1 W K a u f m a n S t r e e t • R i c h a r d s o n , T X

Price $1,950,000 Down Payment $1,950,000 (100%) Net Operating Income $136,500 Rentable Square Feet 9,864 Price/Square Foot $197.69 CAP Rate 7.00% Lot Size 2.3 Acres Year Built 1980/2015 Lease Type Absolute Net

Lease Term 20 Years Increases 10% Every 5 Years Lease Guarantor Personal Guarantee

Marcus & Millichap is pleased to offer this sale leaseback asset that will include a new, 20-year absolute net lease with 10 percent rental increases and four, five-year options to renew with the same 10 percent increases.



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K e n d a l l R e t a i l - O f f i c e B u i l d i n g • 1 5 1 6 0 S W 1 3 6 t h S t r e e t • M i a m i , F L


Marcus & Millichap is proud to offer for sale a 13,071-square foot, multi-tenant, retail/office building in the Kendall neighborhood of Miami, Florida.


B r a k e s P l u s • 1 8 4 1 5 N o r t h 3 5 t h A v e n u e • P h o e n i x , A Z

Price $1,795,200 Down Payment $1,795,200 (100%) Net Operating Income $112,200 Rentable Square Feet 4,594 Price/Square Foot $390.77 CAP Rate 6.25% Lot Size 0.58 Acres Year Built 2000 No. of Locations 68 Lease Type Triple Net (NNN)

Lease Term 10 Years Lease Expiration Date 1/1/2025 Increases 10 Percent Every Five Years Options Two (Five) Year Lease Guarantor Corporate Guarantee Ownership Private

Brakes Plus Single Tenant Net-Leased Sale-Leaseback. The property is situated in a primarily residential infill area with a variety of surrounding retail. In close proximity to the east is Deer Valley Towne Center, a 459,939-square foot shopping center.


F r i e n d l y ' s • 1 6 5 7 W h i t e M o u n t a i n H i g h w a y • N o r t h C o n w a y , N H


Lease Term 15 Years Increases See Breakdown Lease Guarantor Corporate Guarantee

Marcus & Millichap is pleased to present the exclusive listing for Friendly’s located at 1657 White Mountain Highway, North Conway, New Hampshire.


M c D o n a l d ' s • 4 1 5 L o w d e r M i l k R o a d • E s p a n o l a , N M

Price $1,650,000 Down Payment $1,650,000 (100%) Net Operating Income $66,000 Rentable Square Feet 2,671 Price/Square Foot $617.75 CAP Rate 4.00% Lot Size 1.77 Acres Year Built 2015 Lease Type Gross Lease

Lease Term 20 Years Lease Expiration Date 6/1/2035 Increases 10 Percent Every Five Years Lease Guarantor Corporate Guarantee

Marcus & Millichap is pleased to present the exclusive listing for a McDonald’s located at Silky Road and North Riverside Drive in Espanola, New Mexico.



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F a m i l y D o l l a r • 5 9 H e n n i k e r S t r e e t • H i l l s b o r o u g h , N H


Lease Term 15 Years Lease Expiration Date 6/30/2029 Increases 10% Every 5 Years After the

Initial 10 Years Options Six Lease Guarantor Corporate Guarantee Ownership Public

The subject property is a Family Dollar located at 59 Henniker Street in Hillsborough, New Hampshire.


B o s t o n ' s - G r o u n d L e a s e • 6 5 0 1 N o r t h F r e e w a y • F o r t W o r t h , T X

Price $1,610,000 Down Payment $1,610,000 (100%) Net Operating Income $88,556 Rentable Square Feet 7,067 Price/Square Foot $227.82 CAP Rate 5.50% Lot Size 1.5116 Acres Year Built 2006 No. of Locations 390 Lease Type Absolute Net

Lease Term 20 Years Lease Expiration Date 4/30/2027 Increases 10% Every 5 Years Options 2 Lease Guarantor Franchisee Guarantee Ownership Private

The subject property is a 7,067-square foot single tenant Boston’s restaurant and sports bar in Fort Worth, Texas. The absolute triple-net, ground lease has zero landlord responsibilities and has a franchisee guarantee.


T a c o T i m e - R u b y S t r e e t • 1 3 1 0 N o r t h R u b y S t r e e t • S p o k a n e , W A

Price $1,582,000 Down Payment $1,582,000 (100%) Net Operating Income $108,000 Rentable Square Feet 2,208 Price/Square Foot $716.49 CAP Rate 6.83% Lot Size 28,400 Year Built 1990 Lease Type Triple Net (NNN)

Lease Term 5 Years Lease Expiration Date 12/31/2016 Increases None Lease Guarantor Franchisee Guarantee Ownership Private

Marcus & Millichap is pleased to present for sale the fee simple interest in a Corporate Taco Time Restaurant in Spokane, Washington.


D o l l a r G e n e r a l P l u s | R e l o c a t i o n S t o r e | N N N • 7 9 5 9 E L a m a r A l e x a n d e r P a r k w a y • T o w n s e n d

Price $1,514,000 Down Payment $1,514,000 (100%) Net Operating Income $94,622 Rentable Square Feet 9,026 Price/Square Foot $167.74 CAP Rate 6.25% Lot Size 1.22+/- Acres Year Built 2015 No. of Locations 11,500+ Lease Type Absolute Net

Lease Term 15 Years Lease Expiration Date 4/30/2030 Increases 10% in Options Options Yes Sales $17.5 Billion Lease Guarantor Corporate Guarantee Ownership Public

The subject property is a brand new relocation Dollar General in Townsend, TN.



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F a m i l y D o l l a r • 1 1 0 W e s t O a k S t r e e t • F a i r b u r y , I L


Lease Term 15 Years Lease Expiration Date 6/30/2029 Increases 10% Starting 7/1/2024 Options Six Lease Guarantor Corporate Guarantee Ownership Public

Marcus & Millichap is pleased to present the exclusive listing for a Family Dollar located at 110 West Oak Street in Fairbury, Illinois.


2 5 - Y r . N N N T a c o B e l l – A n n u a l I n c r e a s e s • 1 6 0 S p r i n g v i l l e S t a t i o n • S p r i n g v i l l e ( B i r m i n g h a m ) ,

Price $1,374,000 Down Payment $1,374,000 (100%) Net Operating Income $68,659 Rentable Square Feet 1,400 Price/Square Foot $981.43 CAP Rate 5.00% Lot Size 0.80 +/- Acres Year Built 2013 Lease Type Absolute Net

Lease Term 25-Year Lease Expiration Date 11/30/2036 Increases 1% Annually Lease Guarantor Franchisee Guarantee Ownership Private

Marcus & Millichap is pleased to present the Taco Bell in Springville, Alabama.


7 - E l e v e n G a s a n d C o n v e n i e n c e S t o r e • 1 4 2 6 A c a d e m y B o u l e v a r d • C o l o r a d o S p r i n g s , C O


Lease Term 5.5 Years Lease Expiration Date 10/28/2020 Increases Option Period Lease Guarantor Corporate Guarantee

Marcus & Millichap is pleased to present the property evaluation for the 7-Eleven Convenience Store located at 1426 North Academy Boulevard, Colorado Springs, Colorado.


N e w 1 5 Y e a r N N N D o l l a r G e n e r a l • 2 8 3 2 H i g h w a y 4 2 1 • B r i s t o l , T N


Lease Term 15 Years Lease Expiration Date 4/1/2030 Increases 10% In Option Lease Guarantor Corporate Guarantee

Marcus & Millichap is pleased to present a newly developed Dollar General property at 2832 Highway 421 in Bristol, Tennessee



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3 9 6 - 3 9 8 3 r d A v e n u e & 1 3 0 2 M i d d l e f i e l d R o a d • R e d w o o d C i t y , C A

Price $1,295,000 Down Payment $582,750 (45%) Net Operating Income $65,255 Rentable Square Feet 3,000 Price/Square Foot $431.67 CAP Rate 5.04% Lot Size 6,896 SF Year Built 1926

396-398 3rd Avenue and 1302 Middlefield Road offers an investor a unique opportunity to own a fantastic investment property located in one of the most desirable submarkets in the entire nation.


F a m i l y D o l l a r • 2 2 5 N o r t h C h e s t n u t S t r e e t • W e n o n a , I L

Price $1,277,232 Down Payment $1,277,232 (100%) Net Operating Income $79,827 Rentable Square Feet 8,320 Price/Square Foot $153.51 CAP Rate 6.25% Lot Size 1.24 Acres Year Built 2015 Lease Type Triple-Net (NNN)

Lease Term 15 Years Lease Expiration Date 6/30/2029 Increases 10 Percent After 10 Years Options Six Lease Guarantor Corporate Guarantee Ownership Public

Marcus & Millichap is pleased to present the exclusive listing for a Family Dollar located at 225 North Chestnut Street in Wenona, Illinois.


K e n t u c k y F r i e d C h i c k e n • 9 3 3 1 s t S t r e e t S o u t h • W i l l m a r , M N

Price $1,265,000 Down Payment $1,265,000 (100%) Net Operating Income $72,750 Rentable Square Feet 3,055 Price/Square Foot $414.08 CAP Rate 5.75% Lot Size 0.77 acres Year Built 1993 No. of Locations Over 80 Total Stores

(More than 45

Lease Term 15 Years Increases 1.50 Percent Annually Options Four Five-Year Options Sales Over $1,060,000 in Annual Store

Sales Net Worth N/A Lease Guarantor Franchisee Guarantee Ownership Private

The subject property is located at 933 1st Street South in Willmar, Minnesota. This Kentucky Fried Chicken is a 3,055-square foot freestanding building on a 0.77-acre parcel.


F o r m e r A r b y ' s Q u i c k - S e r v i c e R e s t a u r a n t • 3 2 0 1 S o n o m a B o u l e v a r d • V a l l e j o , C A

Price $1,250,000 Down Payment $1,250,000 (100%) Rentable Square Feet 3,440 Price/Square Foot $363.37 Lot Size 45,302 SF Year Built 1978

Marcus & Millichap’s National Retail Group is pleased to present a unique QSR repositioning opportunity located in Vallejo, CA, approximately 25 miles North East of San Francisco.



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Tel: (630) 570-2226 Fax: (630) 570-2210



D o l l a r G e n e r a l | S p u r W e s t e r n W e a r • 4 4 3 - 4 4 5 W e s t 4 t h S t r e e t • B e n s o n , A Z


Marcus & Millichap is pleased to offer for sale the Dollar General and Spur Western Wear located at 443-445 West 4th Avenue, Benson, Arizona. The subject property consists of


A T & T A n c h o r e d S t r i p C e n t e r • 1 3 8 0 S o u t h C a s t l e D o m e A v e n u e • Y u m a , A Z

Price $1,205,949 Down Payment $1,205,949 (100%) Net Operating Income $96,476 Gross Leasable Area 8,545 Price/Square Foot $141.13 CAP Rate 8.00% Lot Size 0.8 Acres +/- Year Built 2006

Major Tenants Amedisys AT&T

8,545-square foot strip center in Yuma, AZ.


1 2 1 R e t a i l S t r i p • 2 2 1 2 S t a t e H i g h w a y 1 2 1 • M e l i s s a , T X


Major Tenants MedPro Market 121 Dental Cleaners Bow Wow

Marcus & Millichap is pleased to present 121 Retail Strip, a 9,164-square foot shopping center located in Melissa, Texas.


O ' R e i l l y A u t o P a r t s • 2 1 3 3 E W a l n u t A v e n u e • D a l t o n , G A

Price $1,118,000 Down Payment $1,118,000 (100%) Net Operating Income $78,260 Rentable Square Feet 6,020 Price/Square Foot $185.71 CAP Rate 7.00% Lot Size 0.68 AC Year Built 1989/2013 No. of Locations 4,257+ Lease Type Double Net

Lease Term 15 Years Lease Expiration Date 5/30/2028 Increases 6% Every 5 Years Options Four Sales $6.65B Lease Guarantor Corporate Guarantee Ownership Public

Marcus & Millichap is pleased to exclusively offer for sale this O'Reilly Auto Parts opportunity in Dalton, Georgia.



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S h o n e y ' s • 1 0 5 K i m b a l l C r o s s i n g D r i v e • K i m b a l l , T N

Price $1,029,000 Down Payment $308,700 (30%) Net Operating Income $72,000 Rentable Square Feet 5,645 Price/Square Foot $182.29 CAP Rate 7.00% Lot Size 1 Acre Year Built 1988/2007 No. of Locations 270 Lease Type Absolute Net

Lease Term 20 Years Lease Expiration Date 8/5/2027 Increases No Options (2) - 5 yr Renewals Lease Guarantor Corporate Guarantee Ownership Private

Marcus & Millichap is pleased to present Shoney’s, a 5,645 square foot restaurant located at 105 Kimball Crossing Drive, Kimball, TN. There are 12.5 years remaining on the lease that commenced in 2007. There are two, 5-year option periods.


T a c o T i m e - W e s t 3 r d A v e • 3 0 3 W e s t T h i r d A v e n u e • S p o k a n e , W A

Price $1,020,000 Down Payment $1,020,000 (100%) Net Operating Income $51,000 Rentable Square Feet 2,392 Price/Square Foot $426.42 CAP Rate 5.00% Lot Size 21,300 Year Built 1985 Lease Type Triple Net (NNN)

Lease Term 5 Years Lease Expiration Date 12/31/2016 Increases None Lease Guarantor Franchisee Guarantee Ownership Private

Marcus & Millichap is pleased to present for sale the fee simple interest in a Corporate Taco Time Restaurant in Spokane, Washington.


1 3 8 0 S W 8 t h S t r e e t • 1 3 8 0 S W 8 t h S t r e e t • M i a m i , F L


Marcus & Millichap is pleased to present the opportunity to acquire a 6,791-square foot retail property located at 1380 SW 8th Street in Miami's emerging East Little Havana market.


K F C / T a c o B e l l • 6 0 3 E a s t S i o u x A v e n u e • P i e r r e , S D

Price $1,000,000 Down Payment $1,000,000 (100%) Net Operating Income $60,000 Rentable Square Feet 3,168 Price/Square Foot $315.66 CAP Rate 6.00% Lot Size 0.66 acres Year Built 1999 No. of Locations 23 Stores Guarantee

Lease (80+ Total

Lease Term 4+ Years Lease Expiration Date 12/1/2019 Increases 1.50% Annual Options (4) 5 Year Options Sales $800,000+ Store Sales Net Worth N/A Lease Guarantor Franchisee Guarantee Ownership Private

The subject property is located at 603 East Sioux Avenue in Pierre, South Dakota. This co-branded Kentucky Fried Chicken & Taco Bell restaurant is a 3,168 square foot freestanding building on an approximately 0.66 acre parcel.



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L o a n S t a r T i t l e L o a n s • 2 4 1 9 W B e r r y S t r e e t • F o r t W o r t h , T X

Price $993,600 Down Payment $993,600 (100%) Net Operating Income $74,520 Rentable Square Feet 4,306 Price/Square Foot $230.75 CAP Rate 7.50% Lot Size .287 Acres Year Built 1960 No. of Locations 1,000+ in 20 States Lease Type Triple Net (NNN)

Lease Term 5 Years Lease Expiration Date 5/31/2020 Increases 15% Every 5 Years Options One Lease Guarantor Corporate Guarantee Ownership Private

Marcus & Millichap is pleased to present the opportunity to acquire a freestanding, triple-net (NNN) leased, LoanStar Title Loans in Fort Worth, Texas.


2 1 0 5 Y a l e S t r e e t • H o u s t o n , T X

Price $927,000 Down Payment $927,000 (100%) Lot Size (Acres) 0.00 Acres

Lot Size Dimensions 15,450 SF

Marcus & Millichap is pleased to offer 2105 Yale Street for your consideration. This 15,540 square foot hard corner parcel fronts on historic Yale Street, one of Houston’s main north south corridors in the Houston Heights.


1 8 0 1 W e s t F l a g l e r R e t a i l S t r i p • 1 8 0 1 W e s t F l a g l e r S t r e e t • M i a m i , F L

Price $766,075 Down Payment $766,075 (100%) Net Operating Income $59,098 Gross Leasable Area 3,375 Price/Square Foot $226.99 CAP Rate 7.71% Lot Size 6,728 Year Built 1974

Marcus & Millichap is pleased to present the opportunity to acquire a 3,375-square foot property located at 1801 West Flagler Street in Miami's emerging East Little Havana market.


1 8 - 1 9 P a l m e t t o S t r e e t • R i d g e w o o d , N Y

Price $725,000 Down Payment $725,000 (100%) Rentable Square Feet 2,660 Price/Square Foot $272.56 Lot Size 18.42 ft x 100 ft Year Built 1920

Marcus & Millichap is pleased to present 18-19 Palmetto Street, located between Seneca and Onderdonk Avenue, in the Ridgewood section of Queens, New York.



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N e w 1 0 - Y r . N N N T i t l e M a x • 6 5 2 H e b r o n R d . • H e a t h ( C o l u m b u s M S A ) , O H

Price $649,500 Down Payment $649,500 (100%) Net Operating Income $54,000 Rentable Square Feet 1,550 Price/Square Foot $419.03 CAP Rate 8.31% Lot Size 0.34 Year Built 1974/2014 Lease Type Absolute Net

Lease Term 10.5 Years Lease Expiration Date 1/1/2025 Increases 2% Annually Lease Guarantor Corporate Guarantee

Marcus & Millichap is pleased to present the TitleMax in Heath, Ohio.


A u t o Z o n e G r o u n d L e a s e • 1 0 8 2 5 R e a d i n g R o a d • C i n c i n n a t i , O H

Price $556,000 Down Payment $556,000 (100%) Net Operating Income $26,400 Rentable Square Feet 7,986 CAP Rate 4.75% Lot Size .95 Acres Year Built 1995 No. of Locations 5,400+ Lease Type NNN Ground Lease

Lease Term 10 Years Lease Expiration Date 6/30/2025 Increases 22.7% in the option Options One Sales $9.148 Billion (2014) Net Worth $1.017 Billion (2014) Lease Guarantor Corporate Guarantee Ownership Public

Marcus and Millichap is please to present a single-tenant, freestanding AutoZone Ground Lease located in Cincinnati, Ohio.


W i n g s t o p • 8 0 8 H i g h w a y 1 2 W e s t • S t a r k v i l l e , M S

Price $550,000 Down Payment $550,000 (100%) Net Operating Income $42,000 Rentable Square Feet 1,675 Price/Square Foot $328.36 CAP Rate 7.64% Lot Size 0.57 Year Built 1996/2014 Lease Type Double Net

Lease Term 10 Lease Expiration Date 3/31/2024 Increases none Lease Guarantor Personal Guarantee Ownership Private

Marcus & Millichap is pleased to present Wingstop, a 1,675-square foot property situated on 0.57 acres in Starkville, Mississippi. Wingstop is a newly renovated property, shadow-anchored by Kroger, JCPenney, Cato, Dollar Tree, and Hibbett Sports.


W i n g s t o p • 2 5 9 0 W M a i n S t r e e t • T u p e l o , M S

Price $550,000 Down Payment $550,000 (100%) Net Operating Income $42,000 Rentable Square Feet 1,800 Price/Square Foot $305.56 CAP Rate 7.64% Lot Size 0.31 Acres Year Built 2000 Lease Type Double Net

Lease Term 10 Years Lease Expiration Date 12/31/2023 Increases In Option Lease Guarantor Personal Guarantee Ownership Private

Marcus & Millichap is pleased to present Wingstop, an 1,800-square foot, single tenant double net restaurant located in Tupelo, Mississippi. The subject property sits on approximately 1.9 acres along the heart of the city’s regional retail corridor.



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B u r g e r K i n g • 4 8 1 1 M c M a s t e r s A v e n u e • H a n n i b a l , M O

Price Request for Offer Rentable Square Feet 3,654 Lot Size 0.78 Acres Year Built 1999 Lease Type Triple Net (NNN)

Lease Term 15 Years Lease Expiration Date 7/31/2021 Increases Five Percent Increase Every Five

Years Lease Guarantor Franchisee Guarantee Ownership Public

Burger King sits across from Hannibal LaGrange University (1,100+ students) and is walking distance from Hannibal Middle School and Hannibal High School. There are several tenants adjacent to the subject property including Walmart, Lowe’s and JCPenney.


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