NNN Deal is a full-service brokerage, assisting developers, REITS, trade buyers, and private investors in the acquisition and disposition of single tenant net leased investment real estate.
A Broker Opinion of Value (BOV) is designed to inform a potential seller of current market trends and pricing as they specifically pertain to the seller’s asset. A well-prepared BOV offers a professional assessment of a property’s market value based on current market conditions, comparable sales, income potential, and property-specific factors. We offer detailed insight to help sellers make informed decisions. By delivering detailed and data-driven BOVs, we demonstrate our market expertise and assist clients in maximizing their property’s value for disposition. If you’re interested in learning more about the value of your commercial real estate asset, please reach out to info@nnndeal.com.
NNNDeal, in conjunction with Marcus & Millichap is the Country’s largest commercial real estate brokerage in sales. By utilizing , innovative electronic marketing strategies and social media platforms, we get our exclusive listings in front of the largest possible target audiences of investors including REITS, individuals and industry professionals. By combining data-driven targeting, digital campaigns, and strategic boots on the ground outreach, we make sure each listing gets maximum exposure to the commercial market.
Marcus & Millichap continuously ranks as the industry’s leading group specializing in net lease properties, our investment professionals possess an unrivaled level of expertise and market knowledge. As the leader in real estate investment services, Marcus & Millichap’s agents leverage the industry’s most powerful marketing platform and an array of value-added services to maximize value for clients. Since the founding in 1971, Marcus & Millichap has grown to more than 80 offices throughout the United States, Puerto Rico, London and Canada, including twelve offices here in Southern California. Additionally, the Marcus & Millichap Capital Corporation offers an in-house lending arm to provide streamlined financing options that aide in accelerating the process in getting a listing sold.
For over 25 years, we’ve specialized in guiding investors through the 1031 exchange process to help them defer capital gains taxes while securing high-quality replacement properties. With our deep market knowledge and extensive network, we identify net lease opportunities that align with individual investment goals, whether looking for stable cash flow, long-term appreciation, or minimal management responsibilities. We streamline the process by sourcing properties, analyzing financials, and coordinating with legal and tax professionals to ensure a smooth and compliant transaction. Because of our long-standing relationship with developers, we are often able to give clients a first look at brand new off-market inventory. Our expertise allows investors to maximize the benefits of a 1031 exchange while making informed, strategic investment decisions.
We provide in-depth lease analysis and thorough review of due diligence to ensure our clients make informed investment decisions. We carefully review lease terms, tenant financials, rent escalations, renewal options, and landlord responsibilities to assess the stability and long-term value of each property. Our team also conducts due diligence on property conditions, market trends, and potential risks, giving investors a comprehensive understanding of their investment. By identifying strengths, red flags, and opportunities, we help our clients mitigate risk and maximize returns, ensuring a smooth and confident transaction process.
Our goal with each escrow is to deliver seamless transaction coordination to ensure a smooth and efficient closing process. From the initial Letter of Intent (LOI) negotiations to Close of Escrow, we oversee every aspect, including document preparation, due diligence oversight, and communication between all parties involved. Our team works closely with buyers, sellers, attorneys, lenders, and title companies to keep transactions on track and resolve any issues quickly. By streamlining the process and handling complexities, we minimize delays and create a hassle-free experience, allowing our clients to focus on their investment goals with confidence.
We understand that every relationship and transaction is unique. We are dedicated to providing a personal and tailored approach to each individual transaction and client. By taking this approach, we boast an 88% escrow success rate in an industry that is notorious for being less than 20%.
NNN CORPORATE STARBUCKS LEASE
Self-maintaining lease provides passive ownership with landlord responsibilities limited to structure only, tenant is responsible for CAM’s, parking lot, and includes a 20-year transferrable roof warranty through 2040
NEWER 2021 CONSTRUCTION & HIGH TENANT COMMITMENT
Modern construction featuring a specially commissioned mural, representing a meaningful site-specific investment by Starbucks and demonstrating strong commitment to the location
ONLY STARBUCKS SERVING CENTRAL LONGVIEW
The only Starbucks within a 3-mile radius, providing the property with a meaningful geographic trade-area advantage and a highly convenient location for local residents, employees, and commuters
LONGVIEW: ESTABLISHED EAST TEXAS ECONOMIC HUB
Longview serves as a regional employment and commercial center for East Texas, supported by a diverse economy spanning healthcare, manufacturing, transportation, retail and professional services
APPROXIMATELY 100,000-DAYTIME POPULATION
The property benefits from a significant daytime population influx, supporting consistent weekday demand from employees, commuters and shoppers beyond the local residential population
INVESTMENT-GRADE TENANT
Publicly traded (NYSE: SBUX), Starbucks is one of the world’s most recognized coffee brands, with a highly established customer base and strong drive-thru operating model, and holds an investment grade credit rating of BBB+ from Standard & Poor’s
SIGNALIZED CORNER KROGER OUTPARCEL LOCATION
Excellent visibility and accessibility at a signalized intersection, with high traffic counts of over 56,000 VPD, with convenient ingress and egress
TEXAS: BUSINESS-FRIENDLY TAX ENVIRONMENT
Located in Texas, a state with no personal state income tax, providing an attractive environment for businesses, residents and real estate investors
Longview, TX
Price:
$1,796,066
CAP:
6.10%
NOI:
$109,560
BRAND NEW CONSTRUCTION IN SOUTHERN CALIFORNIA
Newly constructed built-to-suit construction, featuring a modern prototype design and a double drive-thru
LONG TERM PASSIVE NET LEASE
New 10-year net lease providing stable income with limited landlord responsibilities, along with four additional 5-year option periods and regularly scheduled increases
ONLY STARBUCKS WITHIN A 10-MILE RADIUS
This Starbucks location serves a large and developing trade area, creating strong demand with limited competition
INVESTMENT-GRADE TENANT
Starbucks is a publicly traded company (NYSE: SBUX) and holds an investment grade credit rating of BBB+ from Standard & Poor’s
HIGH VISIBILITY CORNER LOCATION
Strategically positioned “hard-corner” with traffic counts exceeding 11,100 vehicles per day, and surrounded by national retailers including McDonald’s, Stater Bros., 7 Eleven, and Dollar General, driving consistent consumer traffic to the area
STRONG LOCAL DEMOGRAPHICS AND SCHOOLS
Less than 1-mile from three schools (combined enrollment exceeds 3,100 students) and average household incomes of $90k within a 5-mile radius
SAN BERNARDINO MSA
The Riverside-San Bernardino-Ontario MSA is one of the largest and fastest growing population centers in the United States with more than 4.65 million residents
Phelan, CA
Price:
$3,273,000
CAP:
5.50%
NOI:
$180,000
ABSOLUTE NNN CORPORATE LEASE
Zero landlord responsibilities providing passive, managementfree ownership backed by a nationally recognized quick-service restaurant brand
LONG-TERM OPERATING HISTORY (22+ YEARS)
Proven location with over two decades of successful operating history, demonstrating strong site performance and tenant commitment
RECENT OPTION EXERCISE WITH FUTURE UPSIDE
Tenant has already exercised its first renewal option, signaling long-term confidence in the site, with two 5-year options remaining
INCREASED CUSTOMER TRAFFIC: C-STORE & GAS SUBLEASE
Property benefits from enhanced site utility and increased traffic due to convenience store and gas station sublease (Extensive environmental protections to landlord!)
HIGH-VISIBILITY SIGNALIZED CORNER
Strategically positioned at a signalized intersection offering strong access, visibility, and consistent daily traffic counts
STRONG SOUTH TEXAS TRADE AREA
Located within the McAllen MSA, a key economic hub of the Rio Grande Valley with a population exceeding 900,000 residents
POPULATION GROWTH & EXPANSION
McAllen has experienced steady population growth of nearly 6% since 2020, with continued expansion driven by cross-border commerce, retail demand, and regional development
TEXAS TAX ADVANTAGE
Located in a no state income tax state, enhancing investor returns and continuing to attract both businesses and population growth to the region
McAllen, TX
Price:
$2,999,000
CAP:
6.80%
NOI:
$203,795
Palatine, IL
Price:
$1,713,000
CAP:
5.75%
NOI:
$98,500
Chicago, IL
Price:
$1,700,000
CAP:
6.76%
NOI:
$114,950
