Srs’ National Net Lease Group Brokers Sale Of Wellnow Urgent Care Assets: $11.97 Million Total : Nyrej

Saturday, 6 July 2024
Most recently a senior director with JLL Capital Markets, Eric focuses on the sale, purchase, and recapitalization of net-leased properties throughout the U. S., including 1031 exchange transactions, sale-leaseback, and portfolio analysis. Out-of-state investors now understand WellNow's proven success, rapid growth, and the opportunity to invest in real estate occupied by an emerging top 10 urgent care provider in the U. S., " said Raymond. Copyright © 2023 ALM Global, LLC. SRS National Net Lease Group's Managing Principal Patrick Luther and Vice Presidents Frank Rogers and Michael Carter, represented the seller, a Las Vegas-based merchant developer, as well as the all-cash buyer, a Las Vegas-based private investor. SRS' National Net Lease Group and the western region of SRS' Investment Properties Group successfully completed more than 500 sales in 2020 which totaled more than $1. Based on your wants, connect with the most relevant brokers to build your network.

Srs National Net Lease Group Plc

Log into your account. Sign Up For a Demo To Learn More. Dunkin' Donuts and Five Guys||. Long Beach, CA - Rite Aid. 24 acres at 4302 Gateway Drive in Geneseo, NY, the property has more than 19 years remaining on the corporate-guaranteed lease. It is the anchor tenant to the new Norco Gateway Shopping Center. Cap rates for industrial can also be higher than that of long-term leased retail—although that spread has tightened over the past 24 months or so. For more information, please visit Rare New McDonald's Sale in Los Angeles; Record Low 3. Sands Investment Group is Pleased to Present For Sale the SRS Distribution Industrial Triple Net Property Located in West Columbia, SC. Tenants in the center that were part of the property sale include Ross Stores, Staples, Petco, Big 5 Sporting Goods, among others. New York, NY (October 27, 2022) – SRS Real Estate Partners' National Net Lease Group (NNLG) announced today it has completed the $15. 1101 East Highway 377. Want to partner with us?

Srs National Net Lease Group.Com

SRS Real Estate Partners National Net Lease Group in 2022 sold a total of 22 properties occupied by Chick-fil-A valued at $87 mil with an average cap rate of 3. 1605 Thrailkill Road, Grove City, OH. To subscribe, please click here: SUBSCRIBE. Manage all of the properties you have requested more information on. Both and Commercial Property Executive recently noted his achievements, naming him a Net Lease Influencer in 2020 and 2021 and nominating him for the 2021 Net Lease Executive of the Year. SRS currently has Chick-fil-A assets in Louisiana, Texas, Mississippi and Georgia in escrow, and has locations in New York, California, Arizona, Texas, Georgia and New Jersey on the market. Over the past several years, our STNL group which started out in the retail space has added several billion dollars of industrial STNL industrial sales and counting to our mix and we see that growing exponentially in the near and distant future. Many of SRS' top producers belong to the Newport Beach office, and as they grow their teams with valuable professionals, they will continue to make a mark on the retail real estate industry.

Srs National Net Lease Group S.R

With more than 25 offices and the experience from more than $5. The cap rate on the Taco Bell is in the low 3 percent range. Return to the Archive page. The Brevitas Bulletin will keep you up to date with our latest news & updates. Property email generator. "I'm excited to get started and look forward to collaborating with some of the best net lease professionals in the industry, " said Wamble. Of those transactions SRS' National Net Lease Group (NNLG) has closed 223 transactions since the COVID-19 crisis began. Sell & Lease Property. This includes longer leases commonly found within retail of 10-15-20 year terms, absolute net leases with the tenants absorbing all or most of the expenses and responsibilities associated with them, and scheduled increases.

National Sales And Leasing

SRS' Matthew Mousavi on the merits of expanding your net lease focus. He joined Avison Young in 2020 as a Principal, member of the U. S. Capital Markets Executive Committee, and leader of the national Net Lease Group. Pressed by low cap rates and a shortage of for-sale properties, single-tenant net lease retail investors are increasingly looking outside their comfort zones—but not too far. Put simply, when clients, prospects and... It also offers strong visibility from E. 700 S and has direct on/off ramp access to Interstate 15. 60, 000 SQFT Retail Asset in Corona Placed Up For Sale With $34MM Asking Price. Sunitha Reddy, Prime Healthcare VP of Operations, Named to Modern Healthcare's Top Emerging Leaders List. The seller, a South Carolina-based developer, was represented by Benjy Cooke of Oswald Cooke & Associates. 015 million; For the past two years, SRS has been working with Streamline Real Estate Partners, a specialized retail development group based in Upstate, NY, to market WellNow locations.

Srs National Net Lease Group Blog

Unsurpassed proprietary buyer/advisor database developed over 10 years of exclusive single tenant investment sales. Cantonment, FL 32534. With Approximately 8 Years Remaining on a Triple Net (NNN) Lease and Attractive 3% Annual Rent Increases, This Opportunity Provides For a Best-of-Class Investment With an Investment Grade Tenant. His network includes some of the most influential developers and real estate brokers in the market. SRS Real Estate Partners is pleased to welcome William Wamble as first vice president as part of the National Net Lease Group in the Tampa office. "We are thrilled with the addition of Sam and Bryan, both of whom come to us highly recommended from mutual clients. Newport Beach, Calif., May 25, 2017 — Continuing the rapid growth seen over the past year and a half in Southern California, SRS Real Estate Partners is pleased to announce the opening of their San Diego office, and the addition of three new brokers to anchor the team. Save listings for later, create multiple folders, and export your lists. The information you provided has been sent to the selling party. SRS' National Net Lease Group provides advisory services for investors of single-tenant and net lease retail properties across the U. S. Our multi-billion dollar track record spans 49 states and our platform consists of more than 70 net lease professionals nationwide with all underwriting and marketing efforts strategically located in Southern California. Joining Avison Young was a natural extension of Hipp's industry milestones.

Srs National Net Lease Group Website

Need a discount code? This was a team effort and I'm excited to see the value Milan and the SRS leasing teams add to take the center to new heights, " said Redfield. Avison Young Principals Cody Lerner and Stan Nowak represented the seller/developer, Los Angeles-based developer and investor Dedeaux Properties LLC. "As testimony to this demand, this property sold $25, 000 above asking price and secured a cap rate of 3.

National Net Lease Investment Group

Your entire office will be able to use your search subscription. The San Diego office will provide SRS' clients expanded coverage along the West Coast and marks the twenty-first SRS office in the U. S. Formerly a director in Marcus & Millichap's Net Lease Properties Group, Sam Hanna has more than 12 years of experience in commercial real estate. "Their professionalism and diligence helped us overcome numerous challenges to get this deal done in an increasingly difficult environment. Chris Nichelson and the Milan Capital Management team demonstrated at great lengths their expertise in completing this transaction. "Expanding our footprint in SoCal has been a top priority, and we couldn't be happier with the addition of Michael Lagazo to our team and the San Diego office. Vice Presidents of NNLG Britt Raymond and Kyle Fant represented the buyer 10200 Okeechobee LLC. For more information, please visit # # #. Second Annual Inland Empire Education & Workforce Summit Hosts Sold-Out Event to Discuss Education's Role in Post-Pandemic Job Recovery.

Unified National Platform. The property will include a "Chipotlane" drive-thru, a new design for the restaurant chain, that will help accommodate more mobile order volume. We are excited to have the opportunity to continue the original developer's legacy, and to take this property to the next level. For the operators themselves, this strategy has an increasingly popular financing alternative as they provide enhanced liquidity for the operators so they can deploy into growing their business, opening new facilities, and paying down debt, among other uses for the capital.

The team currently has several other locations in New York and Illinois in various stages of marketing. Self-Storage Industry Emerges as Strong Contender as Pandemic Shakes Up Other... March 25, 2021. Grocery Outlet opened its doors in May 2020 and is situated on 1. Orland Park, IL 60462. DCG's new space is part of a larger 600, 080-square-foot industrial warehouse property located in the Inland Empire West.

The property features cross-dock loading, approximately 5, 000 square feet of office space, 35 dock-high doors, one grade-level door, 32-foot clear height, K-17 sprinklers, 800-amp power and parking for 116 automobiles and 150 truck trailers. New Carlisle, IN 46552. The buyer plans to redevelop the property, however, does not have official details to announce at this time. Lease Expiration: 1/31/2030.