Just Listed! IHOP and Moe’s Anchored Shopping Center in Pinellas Park, Florida!

Just Listed! IHOP and Moe’s Anchored Shopping Center in Pinellas Park, Florida!

Investment Highlights: ■ Publix Shadow Anchored, Outparcel ■ All Tenants are Strong, Multi-Unit Operators ■ Easy Access, Tremendous Traffic and Visibility ■ Outstanding Demos – Most Dense County in Florida ■ Upside – Rents Far Below Market. Separate out the IHOP Parcel. ■ Portfolio Opportunity – 4 Properties on Park Blvd, One a Few Blocks […]

Just Listed! 7-Eleven in Bradenton, Florida

Just Listed! 7-Eleven in Bradenton, Florida

Investment Highlight: ■ 15-Year Absolute NNN Lease with 10% Increases Every 5-Years ■ Brand New Construction 7-Eleven Corporate Guarantee | 68,000+ Locations and S&P Credit Rating: AA- ■ Large 3.37 Acre Parcel ■ Attractive Rent Growth | 10% Increases Every 5 Years | Blended Cap Rate of 5.18% Over Base Term of Lease ■ Growing […]

Just Listed! TD Bank NNN Lease – Queens, NY

Just Listed! TD Bank NNN Lease – Queens, NY

■ Long Term Lease | 13+ Year Absolute NNN Lease with 10% Increases Every 5 Years ■ Corporate Guarantee | TD Bank, N.A. Guarantee | 1,300+ Locations and S&P Credit Rating: AA- ■ Attractive Rent Growth | 10% Increases Every 5 Years | Blended Cap Rate of 4.54% Over Remaining Base Term of Lease ■ […]

Marcus & Millichap Arranges $3M Sale of Net-Leased Retail Property in St. Petersburg

Marcus & Millichap Arranges $3M Sale of Net-Leased Retail Property in St. Petersburg

Marcus & Millichap has negotiated the $2.5 million sale of a retail property net-leased to Walgreens Pharmacy in St. Petersburg. Located at 875 Dr M.L.K. Jr. St. N, the 14,208-square-foot property is subject to a long-term lease with Walgreens. Paul Bouldin of Marcus & Millichap’s Tampa office represented the seller, a partnership, in the transaction. […]