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. […]