Industry leader Yummy Holdings, LLC is the franchise obligated to the 20-year base term NNN lease executed in June 2008. Originally built in 1982, the building was renovated by the franchisee in 2011. Long John Silver's along with co-branded A&W occupied this attractively located QSR property for 6 years before electing to cease its fast-food operations in June 2014. Franchisee remains obligated to the terms of the lease and continues to pay all expenses associated with the property in a timely manner. A speculative investor seeking to realize an immediate above market return can capitalize on the property's exceptional location and area's significant growth to identify another national tenant willing to negotiate a new long-term lease while having guaranteed in-place income. Contact Listing Agent for Offering Memorandum.
INVESTMENT HIGHLIGHTS ****** 284 Unit Guarantee ****** 20 Year Absolute NNN Lease Requires Zero Landlord Responsibilities New Absolute NNN Lease will Commence Upon Close of Escrow 1% Annual Increases, Including the Option Periods Four (4), Five (5) Year Options Periods with Increases
Price Upon Req.5,754 SF
Under Contract. Transwestern' s Healthcare Advisory Services Group is pleased to offer for sale on an exclusive basis, DaVita of Grove, OK a 5,754 square foot medical office building leased to Total Renal Care Inc. on an absolute net, corporately guaranteed basis. The property is leased on a absolute net basis, provided that the tenant is directly responsible for the payment of taxes, insurance, utilities, and maintenance of the interior/exterior portions of the premises. The lease currently has approximately 12.5 years remaining, with a rent of $13.02 per square foot, 2% annual escalations and three 5-Year renewal options. DaVita provides dialysis services for patients suffering from chronic kidney failure, which is also known as end stage renal disease (ESRD) in the United States. It operates kidney dialysis centers, and provides related medical services primarily in dialysis centers and in contracted hospitals.
The former Hollywood Theater, zone C-2, 1-story building built 1964 as theater/auditorium, 8,910 s.f. parking
The Boulder Group and Lee & Associates are pleased to exclusively market for sale a single tenant net leased Olive Garden sale leaseback opportunity located in Stillwater, Oklahoma. The property is strategically located approximately two miles north of Oklahoma State University. The property is positioned at the signalized entrance to Lakeview Pointe, a Belk, Best Buy, Ross Dress For Less and Petco anchored power center. The Olive Garden lease will have an initial primary term of fifteen years remaining upon close of escrow. This absolute net lease will feature 1% annual rental escalations. Olive Garden is the leading restaurant in the Italian dining segment with more than 800 restaurants, more than 96,000 employees and more than $3.6 billion in annual sales. The tenant will be GMRI, Inc., a wholly owned subsidiary of Darden Restaurants, Inc., doing business as Olive Garden. Darden Restaurants, Inc. is publicly traded (NYSE: DRI) with a market capitalization in excess of $8.40* billion and is an investment grade rated company (Standard & Poor' s: BBB-)*.
New, Absolute Triple Net (NNN) Dollar General Investment Opportunity located in Northeast Oklahoma. This building is larger than standard to serve the higher retail demand in this area. New 15-year lease with (5) five-year options to renew at 10% increase per option. Absolute NNN with Tenant responsible for all expenses including roof, structure & taxes. 100% leased and guaranteed by Dollar General who holds an investment rating of BBB-/Stable from S & P. This location serves as a primary convenience shopping designation for several small communities in the area. Lease commencement: Nov 2014 with an annual rent of $78,883.44.
COMMERCIAL BUILDING CORNER OF 1ST & CEDAR JUST OFF BYPASS! Located close to hospitals, has multiple office or retail spaces and lots of potential uses.
Excellent Investment opportunity. Experienced Franchise Owner with many national franchises. For more information please sign the confidentiality agreement attached and send to
Former Dollar General. Well maintained building in the heart of Wynnewood. Open space can accomadate almost any type of business. Plenty of parking available. We will consider renting or possibly a rent to own.