Buing Single Tenant
Buying a single tenant investment is no time to work with an amateur. The single tenant investment requires a sophisticated analysis of an investor’s short-term and long-term investment goals. If a single tenant property has a lease for less than ten years, an investor better understand the property, the tenant, current leasing rates and all terms of the existing lease. There is much more to evaluating a single tenant investment and an experienced, fully qualified investment broker can walk with an investor through the process.
Sperry Van Ness International has closed single tenant net leased investment in almost every state and we know the process very well. We have sold drug stores (Walgreens, CVS Pharmacy, Rite Aid) grocery stores (Jewel, Kroger Centers, Trader Joe’s, Shopko, Publix, Food 4 Less, Whole Food, Wal-Mart Super Stores, Sam’s Club), auto stores (Pep Boys, Jiffy Lube, Christian Brothers Automotive, AutoZone, Tires Plus, Tire Kingdom, National Tire and Battery, Advance Auto Parts, Tractor Supply, Car-X), miscellaneous retail (Patio World, Staples, Kmart, Big Lots, CarMax, LA Fitness, Starbucks, Petsmart, PGA Superstores, Super H-Mart, Guitar Center, Fitness Formula Club, 7-Eleven, Office Depot, 24 Hour Fitness, C-Stores, Sports Chalet, Mattress Firm, FedEx Kinko’s, Hobby Lobby, Tutor Time, Anthropologie, Dick’s Sporting Goods, Wal-Mart, Lowe’s, AT&T, Kohl’s, AMC Theaters, Academy Sports, Children’s Learning Adventure, Cabalas, VisionWorks, Cobb Theaters, Tractor Supply, Barnes & Noble, Bass Pro Shops, Goodwill, Harley-Davidson), restaurants (Chili’s, TGI Friday’s, Sweet Tomatoes, Jack in the Box, IHOP, Lone Star Steakhouse, Golden Corral, Logan’s Roadhouse, Culver’s, Famous Dave’s, Hooters, Dairy Queen, Buffalo Wild Wings, Taco Bell, McDonald’s, Carl’s Jr., Burger King, Ruby Tuesday, Applebee’s, Outback Steakhouse), dollar stores (Dollar General, Family Dollar, Dollar Tree, Dollar Store), gas stations (Chevron, Hess Gas & Convenience, Circle K, Mobil, BP Amoco, Sheetz, Shell medical facilities (Fresenius Medical Care, Diagnostic Health Centers) Banks (Comerica, Citizens Bank, Wells Fargo, Union Bank of California, TD Bank, LaSalle, JPMorgan Chase Bank, Bank of America, TCF Bank, Washington Mutual, KeyBank, Fifth Third Bank), motels and hotels (Holiday Inn, Howard Johnson, Days Inn, America’s Best), NNN strip centers, doctor offices, industrial facilities, office buildings, research and development facilities, corporate headquarters, and special purpose properties such as parking garages.