Building: 4,375 sf On a 30-year mortgage, that means a lease term of at least 35 to 40 years. Ground leases are often used by franchises and big box stores, as well as other commercial entities. 15.5 Years Remaining The inherited improvements allow the owner to sell the property for more money, if so desired. Lease Guarantor: Corporate, Public, NYSE: AAP Wed, 17 Aug 2011 08:01:57, Property #GL451. We can structure it based on your needs. They enable businesses to avoid paying property taxes on land, thus saving thousands of dollars for the lessee/tenant (businesses). View Listing. 2016$134,697 Tue, 07 Jun 2011 18:32:29, Property #GL433. In this way, the lender can more easily sell the leasehold in case of default. Being within close proximity to a Hospital as well as being across from the major Metro station, the asset should continue to be in demand for years to come. The corporate headquarters will normally purchase the land, and allow the tenant/developer to construct and use the facility. 5-mile population of 118,970 NICE 55.38 ACRE TRACT OF WOODED LAND AVAILABLE FOR HUNTING LEASE! Pay instantly with credit card* or e-check*, or mail a check to: Martin Timberlands L.L.C., P.O. Building Size: 26,040 SF Lease Type: Ground Lease Furthermore, the lessee must make a reasonable return on its investment after paying all costs. 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When & Why Businesses Buy Ground Lease Properties. Guaranteed by CVS Caremark Corporation North Carolina He has authored books on technical analysis and foreign exchange trading published by John Wiley and Sons and served as a guest expert on CNBC, BloombergTV, Forbes, and Reuters among other financial media. The current escrow holder will split the profit with the investor! 5.50 CAP Price/SF $251.01 Niobrara River Ranch. :Yes The lender must have recourse to protect its loan if the lessee defaults. Year Built: 2007 Year Built: 2007 Search for NNN Properties for Sale and Lease. Price: $2,383,333 Building: 4,355 sf However, there might be some pitfalls for new investors. This property is located at a signalized intersection - the major east/west arterial roadway in the submarket. Lillington is the county seat of Harnett County who employ almost 54,000 employees. Rental Increases: 7.5% - 10% Rental Increases. Oklahoma . 13,225 SF CVS Pharmacy sitting on a 2.249 acre parcel. Cap Rate: 6.25% 9.67 ac. CAP 6.00% (or 6.50%. For example, if the lessee takes a 30-year mortgage on its improvements, the lease term will run for at least 35 to 40 years. The matching properties for lease have an average listing of $2,750. Arizona This location features a dual-branded restaurant, featuring fare from Red Burrito Centrally located between Fayetteville and Raleigh along Highway 210. 10% Rent Increases Every 5 Years Be sure to get the property in a prime location for its fair market value. Annual Rent: $300,000 Retail corridor location Request more information Farm Land Hunting Ranch Land Recreational. Date October 31, 2016 The Boulder Group is pleased to exclusively market for sale a single tenant Chase Bank ground lease located within the Chicago MSA. Aldi Ground Lease Net Operating Income: $85,000 Recreational/Hunting Land - Lashley Land California Absolute NNN Lease Rare Ground Lease Opportunity from an American Indian owner! The subject property is well located within this busy regional retail market and Lowes has constructed a 169,793 SF prototypical store on the site. Red Robin Gourmet Burgers Ground Lease Net Operating Income $165,000 Property Sub-type:Restaurant Make sure to check out tenants credit history. Request more information A landlord is a person or entity who owns real estate for rent or lease to a tenant. In this article, well explore. Cap Rate Increases From 6.25% to 7.00% in 2013 Absolute NNN Lease Lease Commencement Date: 12/30/2006 Thu, 09 Jun 2011 14:47:50, Property #GL437. Price: $2,611,750 Starbucks NNN Lease For Sale | CASABLANCA The first is that the lessor takes possession of all improvements that the lessee made during the lease. Check Kearney and Kansas | Vacant Land for Sale or Lease space availability located at Kearney at Kansas, Springfield, MO 65803. Maryland Hunting Land for Sale - 21 Listings | Land and Farm The improvements, a 9,922 square-foot Class A retail building, were complete in 2006. CVS GROUND LEASE WITH ADDITIONAL LAND Zero Landlord maintenance or liability. Tenant has six 5 year options to renew. Lease Expiration: June 2031 February 2006 - January 2016..$5,000. $60,000 NNN Properties for Sale - NetLease World What Is a Land-Lease Building in NYC? - StreetEasy Blog Do a background check on tenants (corporations, businesses etc) to be sure about their credit rating and income. S&P BBB+ Investment Grade Credit Date: 6 Jun 2011 07:27, Property #GL432. When it comes to ground leases, you may enter into an unsubordinated or a subordinated lease. Net Operating Income: $68,750 This is why most people now are considering ground lease as alternative strategy to 1031 exchanges and other investment options in the commercial real estate. CVS Caremark is the largest pharmacy health care provider in the United States. $325,000 each, will gross $9,100,000 Below Market Rent 12% rental increases every 5 years 5% Increases in Rent Every 5 Years NNN Chili's Ground Lease This includes construction, repairs, renovations, improvements, taxes, insurance, and any financing costs associated with the property. Cap Rate: 5.75% Dense Trade Area With Over 360,000 People Within A 5-mile redius. 10+ Tears Remaining CAP Rate: 5.30% Other retailers in trade area include Wal-Mart and Sam' s Club, as well as junior anchors and pad spaces similar to Pecan Promenade McDonalds NNN Lease For Sale | CASABLANCA - CASABLANCA Commercial Real Scheduled rental increases every 5 years. The leasehold buyer brought in BH to provide just over 40% of the purchase price along with a leasehold lender providing another 75% of the remaining purchase price, allowing for much less equity than traditional financing to close. However this might discourage lenders, who wouldnt be able to take possession in case of default. Guaranty: TD Bank, N.A. Sands Investment Group (SIG) has expertise in the commercial net lease industry, spanning all types of NNN properties, and we offer NNN ground leases for sale as part of our $1 billion in inventory. Year Built /Renovated: 2006 Request more information ft. to 25000 sq. 1410 E. Renner Road is a two-story, 122,300 square foot Class B office. 100% Fee Simple Interest Price: Not Disclosed (inquire) Florida There are also many vision, dental, and medical clinics in the area including University of Texas Physicians. Get in touch with us for a free market appraisal, help and advice or use our ground rent valuation form for a value on your own ground rents. All improvements made on the land will go back to owner. The property is located in the a Fitness Center (24 Hour Fitness, Tutor Time, Whitney Bank, TCBY and Pearland Super Buffet). Ground Rents For Sale Importantly, the tenant is responsible for paying all property taxes during the lease period. A ground lease stipulates that all relevant taxes incurred during the lease time will be paid by the tenant. May 19 2011 14:20:23, #ST764 Request more information If they sell a property to a tenant outright, they will realize a gain on the sale. Date: 23 Jun 2011 12:31:32, Property #GL448. A ground lease is a long-term lease in which a tenant is permitted to develop a piece of property during the lease period, after which the land and all improvements are returned to the property owner. Land: 1.31 acres Submit CA for Location Sands Investment Group is Pleased to Exclusively Offer For Sale the 20,000 SF ALDI Located at 14070 Abercorn Street in Savannah, Georgia. If you decide to lease with us, click the "Lease Now" button from the Available Hunting Leases page, fill out the lease application, and sign the contract. Long Term Absolute NNN Ground Lease ALDI has 5,000 stores including 1.000 in the U.S. Arizona $3,600 Available. 25 Year NNN Lease (23 Years Remain) Ground Lease Properties - NNN Deals Depending on the provisions put into the ground lease, a landlord may also be able to retain some control over the property including its use and how it is developed. BHs ground lease was approved by Fannie Mae as part of the leasehold 10-year fixed rate loan. California Ground Lease For Sale Building Sq. The site is adjacent to a Shopping Center - home Land: 19,600 sf That means that the lessee pays the property taxes during the lease term. In a ground lease (GL), a tenant develops a piece of land during the lease period. Chicago, IL For this type of ground lease, the landlord may negotiate higher rent payments in return for the risk taken on in case of tenant default. $2,000. This type of investment is a great idea for national retail and restaurant chains that want to run business in prime locations without investing in real estate. Like an ordinary lease, ground leases generally call for rent to be paid on a periodic basis, typically monthly. Lindbergh Boulevard is a primary north-south thoroughfare in St. Louis County that experiences traffic counts in excess of 52,750 vehicles per day. Demographics No Management or Landlord Responsibility - 2006 Brick Building Construction After purchasing the fee interest, the average value of each home will be closer to $3,000,000. Great visibility & accessibility Shellfish Leases for Sale - Virginia Approximately 12 years left on 15-year, absolute NNN, primary term ground lease Unsurprisingly, lenders want the insurance proceeds to go toward the loan, not property restoration. This is about a $3,000,000 profit S&P Rated "A" The Lease is absolute NN with just under 20 years of term remaining and no Landlord responsibilities. These ground leases provide additional investment security given the nature of the real estate investment made by Wawa's real estate team, including the Wawa Engineering and Construction Department which is responsible for the design, engineering and construction of all new stores and remodels. In addition, according to their terms of lease, they require a building size ranging from 17000 sq. Price: $1,500,000 It has great access from all the major roads! Michigan Years 36 - 40 ..$126,351 Ground Lease Real Estate Agreement Explained - Point Acquisitions It provides long-term stream of income while retaining the ownership of the land. A ground-rent arrangement is a situation in which someone must make monthly rental payments specifically for the land underlying a building they own. AutoZone Ground Lease Year Built: 2003 This Jack in the Box is a corporately guaranteed Ground Lease built in 2008 and has 18 year remaining on the initial term with Four (4) Five Year options. The property is situated at a corner of lighted intersection. Other major retailers in the immediate area include Walmart, Shaws, Hannaford, Home Depot, Staples, Marshalls, Walgreens, CVS, Big Lots, Dollar Tree, Olympia Sports, and Advanced Auto. The lender only has the right to claim the leasehold. Brightview. 88998 Meadville Ave, Ainsworth, NE 69210 Land Area: 3919.20 Acres. Jack In The Box Corporate Ground Lease Location, Location, Location - next to major Hospital and other retailers The investore will receive a first mortgage on the properties as colleteral 10% rent escalation associated with each Renewal Option The investore will receive a first mortgage on the properties as colleteral 20-Year NNN Ground Lease. Ground leases are also often called land leases, as landlords lease out the land only. Leasing off-grid land. Corporate Ground Lease Excellent location: pad site to Target and 5 junior anchor spaces (Ross Dress For Less, Dollar Tree, Kirkland' s, Famous Footwear and Fashion Bug) Thats precisely what happens in a subordinated ground lease. Request more information Request more information Size: 104,174 Date: 6 Jul 2011 12:25:36, Property #GL454. New 20-Year NNN Ground Lease Traffic counts exceed 40,000 cars per day Planted area on north end of property is corn field. Although they are used primarily in the commercial space, ground leases differ greatly from other types of commercial leases like those found in shopping complexes and office buildings. 20 year NNN corporate ground lease Renewals: 1st: $327,600. The property is located at a signalized intersection across the street from a Walmart Supercenter. Chase Bank Ground Lease Property - The Boulder Group BH bought the leased fee and simultaneously created a 99-year ground lease for the acquisition of a new 298-unit luxury apartment. Other retailers in trade area include Wal-Mart and Sam' s Club, as well as junior anchors and pad spaces similar to Pecan Promenade Aldi Ground Lease Property or Aldi NNN Property for Sale: Lease Expiration Date: December 31, 2029 Request more information Walgreens Ground Lease Tax Considerations for Ground Leases | Goulston & Storrs
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