Ron Neufeld
Fort Lauderdale, FL (USA)
Role(s):
Founder/Owner/Principal
Comreb Limited Partnership
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Startup
Location:
Fort Lauderdale
Industry:
Real Estate
Year Founded:
1996
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Partnership
Description:
I seek accredited cash investors to acquire in joint venture CVS or Walgreens or Dollar General absolute triple net leased (NNN) stores with long term leases. The CVS or Walgreens or Dollar General NNN stores selected have the highest capitalization rates in relation to the longest leases currently available including initial leases to be followed by multiple option renewal periods. The rental incomes of initial lease periods are corporate guaranteed. This creates long term passive income with no active work.. All cash investments are required with no debt. Per USA Securities and Exchange Commission Reg D 506C.
WITH YOUR EMAIL REPLY, INDICATE WHETHER OR NOT YOU ARE ABLE TO INVEST ALL CASH WITH NO MORTGAGE(S) AND HOW MUCH CASH YOU HAVE AVAILABLE TO INVEST? This will determine the price selection of credit tenant lease triple net leased store(s). All replies and transactions will be by email. The following are examples of several NNN stores. Other prices are available.
CVS absolute triple net leased (NNN) store. Acquisition price $11,660,000 US$. The annual net operating income is $507,206 US$. The initial lease is 18 years to be followed by 5 five year renewal option periods. The capitalization rate is 4.35%. Leases and rents are corporate guaranteed by CVS. All property management is the responsibility of CVS This creates long term passive income with no active (URL removed) is investment grade with a Standard & Poor BBB credit rating.
Walgreens absolute triple net leased (NNN) store. The acquisition price is $10,614,688 US$. The annual net operating income is $663,418 US$. The initial lease is 9 years 11 months to be followed by 6 five year renewal option periods. The capitaliation rate is 6.25%. Leases and rents are corporate guaranteed by Walgreens. All property management is the responsibility of Walgreens. This creates long term passive income with no active work. Walgreens is investment grade with a Standard and Poor BBB credit rating.
Dollar General absolute NNN stores are less expensive with newer stores having 15 year initial leases to be followed by 4 X 5 year option renewal periods. Multiple Joint Venture angel CASH investors having $2,000,000 US$ each to invest in multiple Dollar General absolute NNN stores would be acceptable. The folllowing is an example Dollar General absolute NNN store. Acquisition price $1,619,000 US$. Annual net operating income $97,155 US$. The initial lease is 14 years to be followed by 4 five year renewal option periods. This creates long term passive income with no active work. The capitalization rate is 6 %. Dollar General is investment grade with a Standard and Poor BBB credit rating.
FOLLOWUP: Interested and financially qualified principals reply by email to
Ron Neufeld, CCS, Comreb Limited Partnership, Lic. Florida Real Estate Broker, email: (URL removed) and also email to (URL removed)