NNN Properties List

Sample NNN Properties

NNN Big Box:
Walmart, Home Depot, Lowe’s, Target, Kohl’s, Kroger, etc.
NNN Dollar Stores:
Dollar General, Family Dollar, Dollar Tree, etc.

NNN Pharmacies:

Walgreens, CVS, Rite Aid, etc.

NNN Banks:

Chase Bank, Wells Fargo, PNC,
Bank of America, etc.

NNN Restaurants:

McDonald’s, Panera, Chipotle,
Taco Bell, KFC, etc.

NNN Auto Parts:

AutoZone, O’Reilly Auto Parts
Advance Auto Parts, etc.

NNN Properties Includes:

  • CVS in New York for $9,500,459
  • Bank of America in Illinois for $4,886,790
  • Chase Bank in Georgia for $4,000,397
  • CVS in Minnesota for $8,641,337
  • Auto Zone in Michigan for $2,597,921
  • McDonald’s in Virginia for $3,000,840
  • Wells Fargo in California for $5,500,513
  • Chase Bank in North Carolina for $4,595,130
  • Taco Bell in Massachusetts for $1,679,450
  • Advance Auto Parts in Indiana for $1,287,312
  • Starbucks in Texas for $1,401,890
  • Walgreens in Florida for $8,989,318
  • Chili’s in Missouri for $1,297,500
  • Chase Bank in Pennsylvania for $4,233,497
  • Wells Fargo in Colorado for $4,910,280
  • Bank of America in Tennessee for $4,210,100
  • Advance Auto Parts in Wisconsin for $2,010,979
  • McDonald’s in Ohio for $2,562,540
  • Walgreens in New Jersey for $14,682,953
  • Dollar General in Washington for $1,250,990

Choice of Location

When an investor buys a NNN property, location is an important point to be considered. The prominent parcel and strong demographics is the key to success. The property that the investor buys should have good occupancy of residents who requires the product or the service that the tenants provide. The property should have easy access for the client to enter and leave, and it should be visible from the main road. The most nearby location to many tenants is always considered as a destination for shoppers.

Let’s take an example – A substantial retail property can be located on a noticeable street with surrounding tenants such as Walgreens, CVS, Wal-Mart, Home Depot, Chase Bank, Lowe’s, McDonald’s, Chipotle, O’Reilly, Wells Fargo,  AutoZone, 7-Eleven, etc.

Prominent Location have Guaranteed results

The tenants who are financially stable make their owners sleep well at night.  Therefore in the investor’s criterion list this is the first item to be considered. Many NNN properties are considered “Investment Grade” by Standard and Poor’s that are leased by the companies. These companies which lease the property have a multi-million-dollar market capitalization.  Few examples of such properties are Walgreens, CVS, Starbucks, McDonald’s, Chipotle, Chase Bank, Wells Fargo, AutoZone, Home Depot, Dollar General, Target, and other brand name retail tenants.

There may be chances that one of the tenants of the property will become bankrupt and therefore not able to fulfill the terms and conditions of the lease? Yes. Is it likely? No.

Having a stable tenant is important. However, a noticeable location is an essential point for consideration.  A property with a prominent location and average tenant trumps the property with an average location and a great tenant.

Therefore the NNN properties are generally located in reachable locations.

If we ask a question to our self that has we ever seen a Walgreens, McDonald’s or Chase Bank in a location that you do not need to own? Alternatively Have you ever seen a vacant CVS, AutoZone or McDonald’s? The answer to all these questions must probably be “no.”

 

All the information provided above has been researched and thought to be knowledgeable for you. For consultation and assistance regarding NNN properties, you can call – 888-395-0046 or Click here to contact one of our Advisors to know more about NNN properties. You can also email us at info@qualifiedintermediary.com.

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