Recently Sold


Walgreens - Sold
Hattiesburg, MS
  • Directly Across Univ. of Southern MS
  • Prime Hard Corner Retail Site
  • Strong Sales
Price: $3,000,000 - Cap: 9.53%


Walgreens - Sold
Hazelhurst, MS
  • No Existing Debt
  • 25 Yr Absolute NNN Lease
  • Newly Built in 2008
Price: $3,963,360 - Cap: 7.50%


Walgreens - Sold
Laurel, MS
  • 6.07% Non-Recourse Financing
  • Self-Amortizing Assumable Loan
  • 8.16% Averaged C-on-C Return
Price: $3,950,000 - Cap: 8.72%


Walgreens - Sold
Montgomery, AL
  • 6.60% Non-Recourse Financing
  • Self-Amortizing Assumable Loan
  • 9.05% Averaged C-on-C Return
Price: $3,950,000 - Cap: 8.72%


Wendy's - Sold
Duncanville, TX
  • 1.5% Annual Rent Increases
  • High Traffic Location
  • Strong Sales Over $1.3M
Price: $1,325,000 - Cap: 8.97%


Walgreens - Sold
Brookhaven, MS
  • 6.07% Non-Recourse Financing
  • Self-Amortizing Assumable Loan
  • 7.87% Averaged C-on-C Return
Price: $3,525,000 - Cap: 7.77%


Walgreens - Sold
Alexandria, LA
  • 5.69% Non-Recourse Financing
  • Self-Amortizing Assumable Loan
  • 8.83% Averaged C-on-C Return
Price: $3,850,000 - Cap: 7.71%


Walgreens - Sold
Jackson, MS
  • Assumable 5.63% Financing
  • Non-recourse, Self-amortizing Loan
  • 9.35% Averaged C-on-C Return
Price: $3,775,000 - Cap: 8.27%


Walgreens - Sold
Prattville, AL
  • Assumable 6.65% Financing
  • Non-recourse, Self-amortizing Loan
  • 6.74% Averaged C-on-C Return
Price: $4,240,000 - Cap: 7.95%


Walgreens - Sold
Meridian, MS
  • Assumable 5.63% Financing
  • Non-recourse, Self-amortizing Loan
  • 8.40% Averaged C-on-C Return
Price : $3,895,000 – Cap: 8.00%


Stinger Wellhead Protection - Sold
Vernal, UT
  • Industrial NNN
  • Excellent Credit - Full Parent Guarantee
  • Annual CPI Rent Increases
Price : $1,353,000 – Cap: 9.75%


Walgreens - Sold
Anderson, SC
  • Strong Retail Location
  • Hard Corner, High Traffic Site
  • Absolute NNN -21 Yrs Remaining
Price: $4,300,000 – Cap: 7.75%


Walgreens - Sold
Gaffney, SC
  • Close to Regional Hospital
  • National Retailers in Area
  • Absolute NNN -21 Yrs Remaining
Price: $4,300,000 – Cap: 7.00%


Walgreens - Sold
Greenville, SC
  • High Growth Area
  • Excellent Demographics
  • Absolute NNN – 20 Yrs Remaining
Price : $6,093,000 – Cap: 7.00%


Walgreens - Sold
Maplewood, MN
  • Affluent Suburb of St. Paul
  • High Traffic Location
  • Absolute NNN – 2008 Construction
Price : $6,600,000 – Cap: 6.75%


Payless ShoeSource - Sold
Harrison, AK
  • Outparcel to a Target Center
  • Strong Store Sales
  • Absolute NNN – 5 Yrs Remaining
Price: $400,000 - Cap: 7.48%


Wal-Mart Supercenter - Ground Lease - Sold
Sand Springs (Tulsa), OK
  • Assumable Self-amortizing Loan
  • Excellent Price PSF for Land
  • Anchor Retail Center for Area
Price: $2,630,000 - Cap: 7.03%


QuickTrip - Ground Lease - Sold
Sand Springs (Tulsa), OK
  • High Sales Location
  • Absolute NNN – 12 Yrs Remain
  • Rent Increases every 5 Years
Price: $475,000 - Cap: 6.32%


Eyemart Express - Ground Lease - Sold
Sand Springs (Tulsa), OK
  • Outparcel to Busy Retail Center
  • Absolute NNN – 15 Yrs Remain
  • Rent Increases every 5 Years
Price: $1,786,000 - Cap: 8.00%

Net Lease Brokerage Group

Andrew Barnes, Paul Souza, Eric Wilcox, David Gustafson
Sold Properties Totaling $715,000,000
Industrial Warehouse and Distribution Facilities
ECSDunn, NC
Collins & AikmanSt. Claire, MI; Roxboro, NC (Elm, Cavel, Sycamore, Triple L); Troy, NC
Georgia PacificDes Moines, IA
Glue-FoldLivermore, CA
GuniteElkhart, IN
LowesTorrance, CA
PurolatorSacramento, CA
S P RichardsHouston, TX
THARCO Portfolio Salt Lake City, UT; Phoenix, AZ; Denver, CO; Algona, WA; Gresham, OR, San Lorenzo, CA
Office Buildings
Advanced FibrePetaluma, CA
Aegis Assisted LivingFremont, CA
Bristol ParkSanta Ana, CA
CitifinancialBaltimore, MD
Chiron CorporationEmeryville, CA
Retail
Advance AutoMansfield, OH
AutoZoneFort Worth, TX
Bed Bath BeyondBraintree, MA; Chula Vista, CA
Best BuySandy, UT; El Paso, TX; Madison Heights, MI; Brownsville, TX
BJ's WholesalePhiladelphia, PA
Blockbuster VideoDeer Park, TX; Houma, LA
Buca di BeppoAustin, TX (ground lease)
Burger KingAtascocita, TX (ground lease)
Children's WorldEl Dorado Hills, CA; Antioch, CA
Chili'sAustin, TX
Circuit CityNorth Randall, OH
CompUSAWichita, KS
Copeland'sSanta Barbara, CA
CVS DrugstoresCanfield, OH; Chili, NY
Denny'sAtascocita, TX (ground lease)
Dick's Sporting GoodsTopeka, KS
Duckwall-Alco StoreAmery, WI; Olivia, CA
Eckerds DrugstoreLafayette, LA
Garden RidgeGreenville, SC
Hy-Vee GroceryOverland Park, KS
IHOPEnid, OK; Kansas City, MO
Jack in the BoxStatesville, NC; Antioch, CA
KFCAmarillo, TX, Pampa, TX, Borger, TX
McDonald'sAtascocita, TX (ground lease)
Pier 1 ImportsHomestead, PA; Jensen Beach, FL; Norman, OK
Party AmericaFremont, CA
Panda ExpressAtascocita, TX (ground lease)
QFC (Kroger)Portland, OR
Raley's MarketFallon, NV
Rite AidFlorence, AL, Selma, AL
Sports AuthorityGlendale, AZ; St. Petersburg, FL
Taco BellSanta Fe, NM, Taos, NM
Union BankHermosa Beach, CA
WalgreensWinston-Salem, NC, Grants Pass, OR; Spokane, WA; Alhambra, CA; Glen Allen, VA; Hemet, CA, Kernsville, NC, Santa Monica, CA; Buena Park, CA, Bakersfield, CA; Goleta, CA; Oxnard, CA; Santa Maria, CA; Pasadena, CA
Wal-MartNapa, CA (ground lease)