NEW Exclusive -CVS investment grade tenant with assumable loan showing 13.55% cash on cash return with 26% cash down payment
Now in his 31st year in the business, Terry has sold well over $1 Billion worth of commercial properties. Twenty five years ago, Terry began specializing in Single Tenant (NNN) Net Leased Investments and 1031 Exchanges. Terry represents numerous developers of NNN Leased properties, as well as many investors in 1031 Exchanges. His investors rely on him to search for Net Leased properties, long term leased to credit tenants. Terry has represented some of the largest developers of Net Leased (NNN) properties in the U.S., as well as numerous high net worth investors. Many of his clients are "1031" buyers and therefore are motivated to pay strong market prices and to close deals.
He also represents several tenants in direct sale-leaseback transactions and has brokered scores of deals directly with tenants & investors in 1031 Exchanges.
Terry recently closed the sale of a portfolio of CVS stores, several Walgreens stores as well as numerous restaurant properties.
A SAMPLE OF TRANSACTIONS CLOSED/SOLD IN THE PAST SEVERAL MONTHS:
A&P Supermarket $14,000,000 New Jersey
CVS in NC - $3,675,000
Long's Drug Store in Northern California $8,000,000
Steak N Shake, Wachovia & TGI Fridays land leases Texas $7,322,000
Two CVS stores in NC $3,900,000
Pizza Hut Kentucky $700,000
CVS Florida sold closed 2 locations 2009 $4,800,000 & $6,025,000
CVS Charlotte sold closed 2009 $3,774,790
If you are interested in selling single tenant net leased properties, please contact Terry.
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