Current Property Listings
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McDonald's - M&T Bank - Panda Express
AVAILABLE
Three Ground Lease Offering
$4,835,000
Centre at Golden Ring Rosedale (Baltimore), MD
Investment Highlights
Ground Leases - Very Little Management
Shadow Anchored by Walmart, Sam's Club and The Home Depot
Two Tenants have an "A" Standard & Poor's Credit Rating
Cap Rate Jumps 100 Basis Points After Rental Increases in Three Years
Population Over 300,000 in the Five-Mile Ring
Assumable Debt in Plac
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Sheetz Gas Station / Convenience Store
AVAILABLE
$2,050,000
4816 Buffalo Road Erie, PA
Investment Highlights
21,000 Vehicles Per Day Pass the Property
Established Location with Car Wash
10 Percent Rent Increase in 2014
Nearly 10 Years Remaining on Base Term of Lease
Exceptionally Strong Private Tenant
15-Year Accelerated Depreciation
Excellent After-Tax Returns
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Advance Auto Parts
AVAILABLE
$1,000,000
1450 Cumberland Street Lebanon, PA
Investment Highlights
History of Increasing Gross Store Sales
Located on Main Retail Corridor
Below Market, Replaceable Rent
19,000+ Vehicles Per Day in Front of Site
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CVS/Pharmacy
UNDER CONTRACT
$2,670,000
2504 Charles Street Baltimore, MD
Investment Highlights
Attractive 7.90 Percent Cap Rate
Investment Grade Tenant on NNN Lease
8 Percent Increases Every 5 Years
Densely Populated Location
Adjacent to Safeway Supermarket
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Turnkey Convenience Store & Gas Station
UNDER CONTRACT
UNPRICED - Bids due on 12.11.09
1132 South Cedar Crest Blvd Allentown, PA
Investment Highlights
Nearly Turn-Key C-Store
24,000 Cars Per Day
One Parcel Off Signalled Corner
Access to Cross Street Via Easement Over Corner Parcel
Strong Location Just Off I-78
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Shoppes At Hellertown
UNDER CONTRACT
$7,410,000
25 Main Street (Rt.412) Hellertown, PA
Investment Highlights
55,480 SF Retail Center with Stabilized Rent Roll
Cash-On-Cash in Excess of 11 Percent
Located Near New Sands Casino Resort
10% Population Growth in Lehigh Valley
$75,000 Average Household Incomes
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Kroger
UNDER CONTRACT
$4,441,103
302 Brighton Park Blvd Frankfort, KY
Investment Highlights
Absolute NNN Lease
Priced Below Replacement Cost
Annual Rent Tncreases Through 2018
100% of Annual Rent Paid by July Each Year
Established Store with Gas Station on Pad
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Kroger
UNDER CONTRACT
$6,304,605
2020 Malley Lane Franklin, TN
Investment Highlights
Absolute NNN Lease
Priced Below Replacement Cost
Annual Rent Increases Through 2018
100% of Annual Rent Paid by July Each Year
83,000+ Population in Trade Area
$107,000 Average Household Income
Located Just Off Major Highway Interstate 65
Established Store in an Excellent Retail Location
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Kroger
UNDER CONTRACT
$6,210,027
9501 South Northshore Knoxville, TN
Investment Highlights
Absolute NNN Lease
Priced Below Replacement Cost
Annual Rent Increases Through 2018
100% of Annual Rent Paid by July Each Year
70,000+ Population in Trade Area
$85,000 Average Household Income
Located Just Off Major Highway Interstate 65
Established Store with Gas Station on Pad
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2009 CLOSINGS
Caln Plaza
JUST CLOSED
Closed on 11/18/2009
$4,249,938
1895 E Lincoln Hwy Thorndale, PA 19320
Investment Highlights
Qualified Buyer Sourced by M&M in 1031 Exchange
13 Percent Population Growth Since 2000
21 Percent Average Household Income Growth Since 2000
Under-Market Rents in Place
Upside Through Redevelopment of Corner
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Susquehanna Bank & Red Robin
JUST CLOSED
Closed on 10/16/2009
$2,800,000
8.03% Blended CAP
Monroe Marketplace Selinsgrove, PA
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Wachovia Ground Lease
CLOSED
Closed on 10/6/2009
$2,117,500
6.96% CAP
11302 FM 2222 Austin, TX 78730
Investment Highlights
Corporate Ground Lease
Wachovia is Investment Grade Credit (AA-)
Ten Percent Rent Escalation Every Five Years
Pad Site to Target
Located in a 333-Acre Master Planned Community - Four Points Centre
"Main on Main" Location for Northwest Austin
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Performing Whole Loan
CLOSED
Closed on 9/9/2009
$20,500,000
Danvers, MA
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Walgreens
CLOSED
Closed on 7/7/2009
$4,368,619
7.21% CAP
14,820 RSF
9692 Highway 50 East Union, MO 63084
Investment Highlights
75 Year, Absolute NNN Walgreens Lease / Commenced August of 2006
Assumable Debt - 80% LTV
Walgreens Co. Carries A+ Credit Rating from S&P
Population Within Five Miles Increased by 16.46% Since 2000
Median Household Income of $53,854 / 23.30% Increase Since 2000
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Scozio Festival Foods
CLOSED
Closed on 3/30/2009
$4,400,000
50,198 RSF / 6.24 Acres
10688 Perry Highway Wexford, PA 15090
Investment Highlights
All Cash Buyer ; Closed in 30 Days
$88 Per Square Foot
Former STNL Grocery Store
Long-term upside: Demise space and rent at $15+ SF
Adjacent to Wexford Plaza (Starbucks, GNC, Arby's)
Busy Retail Corridor (29,000+ Vehicles Per Day)
Average Household Incomes exceed $100,000
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Goodnoe's Corner - Newtown, PA
CLOSED
Closed on 3/2/2009
$14,807,408
7.88% CAP
5,153 RSF - 4 Luxury Apartments
30,500 RSF - Retail Space
290 North Sycamore Street Newtown, PA 18940
Investment Highlights
Sold for $417 Per Square Foot
Buyer Assumed Existing Debt
Class "A" New Construction
Premium Signaled Corner Location
National, Regional & Local Tenant Mix
Excellent Household incomes - $102,807
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