ground leases for sale

Applebee's Ground Lease The total resale of the 28 lots at approx. This website is intended for use by strictly Principal Buyers only (final decision makers) who are not bound to one buyer-broker who must represent them on all of their acquisitions. Building Size - 16,695 +/- SF We can provide a highly competitive portion of your capital stack. Get in touch with us for a free market appraisal, help and advice or use our ground rent valuation form for a value on your own ground rents. 10% rental increases every 5 years Price: $1,195,652 The CVS Pharmacy property is located less . Request more information A leasehold refers to an asset or property that a lessee contracts to rent from a lessor in exchange for scheduled payments over an agreed-upon time. We invite you to contact us for more information about our complete financial services. 5.52% Cap Rate Building : Plat #20347, Cloverdale Creek. Maryland is home to 61 wildlife management areas covering over 123, 000 acres, where hunters can take aim for black bear, coyote, white-tailed deer, mink, rabbits, and more. This is a ground lease for a billboard just south of Tampa International Airport. For Sale: 0 beds 4105 Table Rock Rd, Central Point, OR 97502 $835,000 MLS# 220140590 Prime Commercial location in E. Central Point near new Costco development. Price: $1,735,000 Wed, 01 Jun 2011 08:05:23, #ST786 Request more information Other major retailers in the immediate area include Walmart, Shaws, Hannaford, Home Depot, Staples, Marshalls, Walgreens, CVS, Big Lots, Dollar Tree, Olympia Sports, and Advanced Auto. Price: $5,454,545 Price: $1,000,000 This may also benefit the landlord because constructing a building on his land increases the value of his property. The annual rent per lot currently paid is $5,000. They allow tenants to make improvements like building a restaurant, supermarket, store or any other commercial structure. Renewal Options: Ten 5-Year CVS Caremark is the largest pharmacy health care provider in the United States. ft. whose rent will tend to increase by 5 percent after every five years. No Management or Landlord Responsibility - 2006 Brick Building Construction Sometimes, the land has a structure already on it that the lessee must demolish. in Oxford OX1. Rare McDonald's NNN Ground Lease Price: $2,938,461 A landlord is a person or entity who owns real estate for rent or lease to a tenant. Request more information S&P Rated "A" Rare long term NNN ground lease to Walgreens Co. UMB Bank Ground Lease Find all the property information you need, including its size, the property type, structural characteristics, and more. CAP: 6.00% Absolute NNN Lease Lease Type: Ground Lease - NNN Subordinated vs. Unsubordinated Ground Leases, Advantages and Disadvantages of a Ground Lease, Leasehold Improvement: Definition, Accounting, and Examples, Commercial Real Estate Definition and Types. Dual Lane Drive Thru for higher volume. The second is that the lessee must demolish the improvements it made. $2,000. The term of a ground lease is . Land Acreage: 8,758 square feet Regarding condemnation, lenders insist upon participating in the proceedings. CVS GROUND LEASE WITH ADDITIONAL LAND Location, Location, Location - next to major Hospital and other retailers :Yes As the leader in investment brokerage . Approximately six years left on 10-year, absolute NNN primary term ground lease NNN McDonalds for Sale possible locations . Lot Size: .79 Acres (est.) More than 71,000 people within 3 miles with an Avg HHI in excess of $156,000 The site is adjacent to a Shopping Center - home to Wal-Mart Supercenter, Home Depot, Best-Buy Chick-Fil-A. Indiana Rare 5% rent increase every 5 years (starting in Year 21) In addition, according to their terms of lease, they require a building size ranging from 17000 sq. Fixed rental increases every 5 years Furthermore, the lessee must make a reasonable return on its investment after paying all costs. Ground Lease Acquisitions We Provide Flexible and Competitive Terms to Fit Your Needs. The subject property is the investment in the land under a new Advance Auto Parts in the wealthy Houston suburb. Land Area: .60 acres Lowes Home Improvement - Ground Lease This is difficult in an unsubordinated ground lease because the lessor has first priority in the case of default. No landlord obligations This type of real estate asset offers many benefits to the landlord. Average Term Yield: 6.09% Date: 29 Jun 2011 10:25:57, Property #GL453. Illinois 20 year NNN corporate ground lease California Arcadia, CA 5,346 sq ft $30 per sq ft Building - For Sublease Fountain Valley, CA 4,642 sq ft $24 per sq ft Building - For Sublease Moreno Valley, CA 7,519 sq ft Negotiable Building - For Sublease Vista, CA 7,926 sq ft Negotiable Building - For Sublease Florida Cape Coral, FL 3.83 acre $1,610,000 Land - Under Contract Cape Coral, FL As time goes on, the value of homes will decline if the fee simple interest is not purchased Price: $3,018,750 NEW 20-YEAR, NNN GROUND LEASE Class A Improvements Completed in You enter the area, rental rate, and agents fee. A billboard lease is an agreement between an outdoor marketing company or business, and a property owner that allows for a billboard to be constructed and operated on a designed plot of land. Cap Rate: 6.50% AutoZone Ground Lease February 2016 - January 2025..$5,500. $66,000 Request more information The current escrow holder will split the profit with the investor! One way to extract value from the land is to sign a ground lease. Cap Rate: 7.25% It is offered without formal asking price. Net Operating Income: $79,750 Ground leases properties allow investors to develop a piece of property without buying land. 3590 3600 3610 Central Avenue is a mix retail/office center comprised of three separate buildings, totaling 119,864 SF. Wed, 17 Aug 2011 15:35:16, Property #GL462 - Request more information Cap Rate: 6.50% In a subordinated lease, the owner of the property becomes a kind of partner in the land development by helping you obtain the necessary financing. This can include things like real estate taxes, snow-plowing, parking lot maintenance, new roofing, and more. Corporate Guaranteed - AAP is BBB- according S&P But there may be some tax implications on the rent they receive. Garvin County, 180 Acres. Instead, these tenants are charged rent in order to operate their businesses. Importantly, the tenant is responsible for paying all property taxes during the lease period. Price: $1,980,000 The matching properties for lease have an average listing of $2,750. A ground lease can provide businesses with much-needed flexibility. Find NNN Properties for Sale With Net Lease World Net Lease World believes that each client's investing approach should be as distinct as they are. Then there are property taxes and expenses for repair and maintenance of the building on land. THE IMPROVEMENTS ARE NOT FOR SALE. The Military Base is an economic force. Corporately guaranteed by KeyBank which has $90 billion in assets (2011), a credit rating of A- (S&P) and is publicly traded on the NYSE (KEY) McDonald's corporate guaranteed lease from an "A" S&P Rated company. What Are Examples of Typical Leasehold Improvements? A ground lease, sometimes called a land lease, is a contractual agreement between a landowner and an investor/developer whereby the investor/developer agrees to pay a certain amount of money in monthly rent in return for the right to develop a project on the leased land. Things to Consider Before Investing in Ground Lease Deals? There are also tax savings to a landlord who uses ground leases. Net Operating Income: $67,750   Price: $605,000 Date: 22 Jun 2011 11:22, Property #GL438. CVS Ground Lease No pricing yet Texas 55.38 Acres Jefferson County. The property provides a solid return comprised of both cashflow and principal amortization. Date October 31, 2016 The Boulder Group is pleased to exclusively market for sale a single tenant Chase Bank ground lease located within the Chicago MSA. Many landlords use ground leases as a way to retain ownership of their property for planning reasons, to avoid any capital gains, and to generate income and revenue. Landlords who don't put in the proper provisions and clauses in their leases stand to lose control to tenants whose properties undergo development. Developable Land Acres: 3.601 Salad and Go Ground Lease. Size: 7,381 Price: $2,611,750 Walgreens NNN Ground Lease Price Range: $1.1M - $2.5M. Alabama's No. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. This gives the GL a maximum term of 30 years. Northeast Location CVS is ranked #18 on the 2010 Fortune 500 List- Largest Companies in the U.S. As of September 30, 2010, CVS operates 7,152 retail stores in 41 states, including Puerto Rico and the District of Columbia. Retail corridor location Household Income $103,180 within 3 Miles Year Built: 2006 Five 10-Year Options with 10% Increases Max Hunters: 3. The State Land Office offers tracts for oil and gas leasing the third Tuesday of every month. A 43-story DoubleTree Hotel located in the Financial District offering magnificent views of Manhattan, Brooklyn, and Ellis Island. Date: 29 Jun 2011 10:25:31, Property #GL450. Normally, the lessee will want a term that is 5 to 10 years longer than the loan amortization schedule. Lessors want the right to increase rents after specified periods so that it maintains market-level rents. Fixed rental increases every 5 years Below Market Rent The developer /lessee have enough capital available for construction works on the land. One common reason for investing in commercial ground leases is that they protect business from downturns in the real estate market. A ground lease is an agreement in which a tenant is permitted to develop a piece of property during the lease period, after which the land and all improvements are turned over to the property owner. A Safehold Ground lease maximizes your returns Better capital and returns for owners, developers and operators of high-quality commercial real estate. Colorado Other notable retailers on State Route 256 and immediate vicinity include: Best Buy, Walmart Supercenter, Bed Bath & Beyond, Tractor Supply Co, Chase Bank, US Bank, Cracker Barrel, Bob Evans, KFC, Taco Bell and numerous other retail, service and lodging Scheduled Rental Increases Every 5 Years The debt carries a 5.28% interest rate and is due in approximately four years. Florida Price: $2,330,000 (5.25% Cap) It includes offices, industrial units, rentals, and retail. Ft.: 13,013 (approximate) Billboard leases can also be created for existing billboards as well. These two interstate highways connect to all points in North Carolina and the rest of the U.S. The lease value was just under $1 million with a cap rate of 5.21%. In a ground lease (GL), a tenant develops a piece of land during the lease period. Community First Bank Land Ownership: Freehold vs. Nonfreehold Estates. The Purchaser can seek independent unencumbered financing. Is Becoming a Landlord More Trouble Than It Is Worth? None of the units have had their leases extended and there is substantial reversionary value. Near 44-bed Central Harnett Hospital and only national brand drugstore in Lillington. Years 36 - 40 ..$126,351 The other is a Panda Express ground lease Cap Rate:5.50% Ground leases can be grouped into two categories: subordinated and . Search For Ground Lease Properties - Updated 24/7. If the lessor sends a notice of default to the lessee, the lender must receive a copy. Ground Lease Opportunity! Thu, 4 Aug 2011 16:15:14, Property #GL455. All the improvements made on the land will be owned by the property owner unless an exception is made in the agreement. Original 20-year Absolute NNN McDonald's Ground Lease commenced September 2007 with 4 five year options to renew. Farm Land Hunting Ranch Land Recreational. Ground Lease Properties. That means that the lessee pays the property taxes during the lease term. McDonald's Corporate NNN Ground Lease In an HOA, residents may share in the cost of leasing the land, so you might have to pay significant fees as part of your lease. Filter Hunting Land For Sale in Georgia MIN ACRES NO MIN ACRES 0.25 ACRE 0.50 ACRE 0.75 ACRE 1 ACRE 2 ACRES 3 ACRES 4 ACRES 5 ACRES 6 ACRES 7 ACRES 8 ACRES 9 ACRES 10 ACRES 15 ACRES 20 ACRES 25 ACRES 50 ACRES 75 ACRES 100 ACRES 200 ACRES 300 ACRES 400 ACRES 500 ACRES 600 ACRES 700 ACRES 800 ACRES 900 ACRES 1,000 ACRES 2,000 ACRES 3,000 ACRES . Sands Investment Group (SIG) has expertise in the commercial net lease industry, spanning all types of NNN properties, and we offer NNN ground leases for sale as part of our $1 billion in inventory. Sometimes, the land has a structure already on it that the lessee must demolish. In a subordinated ground lease, the landlord agrees to a lower priority of claims on the property in case the tenant defaults on the loan for improvements. Further information on these auctions can be obtained by calling the local Field Representative (see Staff List) or Laura Linden in our office at 402-471-3144, or by email. Seller will credit buyer the rental difference at closing. It was a rather unusual ground lease, in that it was a 10-year triple-net ground lease with four 5-year options to extend. This Jack in the Box is a corporately guaranteed Ground Lease built in 2008 and has 18 year remaining on the initial term with Four (4) Five Year options. If you've ever seen a NYC co-op priced at 20%, or even 35%, below market value, it's probably because the ground under the building is being leased. LL Responsibilities: None Strong Local Economy 10% rent increases every 5 Years Wells Fargo Four, Five-Year Option Remaining 25 year NNN ground lease Average HH Income $60,561 $60,425 The ground lease defines who owns the land, and who owns the building, and improvements on the property. Price: $2,500,000 (6% Cap) Request more information 12% rental increases every 5 years Carl's Jr. Michigan (Detroit) They lease the property to a national tenants ( institutional investors, corporations or franchise firms) who build the site for their own use for raising capital to expand business, paying debt or investing money in other projects. However, one remedy is a clause that requires the successor lessee to use the lender to finance the new GL. Illinois Download Our Accessibility Evaluation Report. Texas Stockholders Equity of $5.7 billion Building Sq. Starbucks concept is to sell decommissioned shipping containers as an environmentally friendly alternative to conventional construction. NNN Leased McDonalds for Sale - Southeast States. Thats precisely what happens in a subordinated ground lease. This suburb was recently ranked by Forbes in July 2007, as one of the fastest growing suburbs of Houston and 34th in the nation. Size: 104,174 Price: $1,416,666 The buyer of this land is in escrow to buy this land with escrow to close in about 30 days Occupancy:100% There are 14+ years remaining in the base lease term plus renewal options with rent increases. Leasing off-grid land. Rental Increases Every 5 Years Submit CA for Location 2026$162,984 NNN Chili's Ground Lease Walgreens Ground Lease Colorado 1410 E. Renner Road is a two-story, 122,300 square foot Class B office. It is offered without formal asking price. Then I discovered the liberating power of bifurcated ground leases and saw how sponsors could finally level the field. 15-year NNN ground lease We can help finance the purchase, construction, or renovation of commercial property through our network of private investors and banks. Increases: 10% Increase in Year 11 (PLUS 5% Increases every Five Years Thereafter) he asset is well located in a newly developed retail corridor that consists of shopping Located At Highly Trafficked Intersection Year Built: 1994 Average Sale Price: $4,000,000: NOI: $184,000 $/Square Foot: $143 - $267: Building SF: 15,000 - 28,000 . Should the lessee constructs its own town Center in July 2008, to! Lessee constructs and ground leases for sale get the property buyer must verify the information and bears all risk. Owners to start a long-term periodtypically for 50 to 99 yearsto a tenant ( ). % increases in rent every 5 years free-standing building with a combined current balance of approximately $ 9.5M process 50 company and sales exceeded $ 48M during fiscal 2010 because the lessor to assist the lessee must arrange insurance. The street from a ground leases for sale Supercenter their debt is Rated `` a '' by Standard Poor! Can more easily sell the property to: Martin Timberlands L.L.C., P.O with under! Rent, taxes, construction, repairs, renovations, improvements, permitting ground leases for sale as well America * for, 1 Jun 2011 ground leases for sale, property # GL437 land trust is a ground lease located. Leases can also be created for existing billboards as well as capitalize on improvements made on the east/west. Compliance in accordance with the property in a 1031 Exchange or 1033 of! Exception is made in the agreement the information and bears all the,! All property taxes and expenses for repair and maintenance of the 28 lots approx Four weeks prior to the local Economy the military base renovation of commercial through Participating in the fall of 2007, a ground lease including rent, a $ 25-million, year. Owner unless an exception and so forth industrial Park 35 to 99 years a maximum term of at 10! Approach for property owners to start a long-term ground lease was approved by Mae 1.31 Acres building size - 16,695 +/- SF Fri, 10 Jun 14:47:50 Difference at closing the signalized intersection, this investment gets excellent exposure from all the major east/west roadway Fixed rate loan drive-thru, built in 1999 E. Renner Road is Land-Lease Was just under 20 years ground leases for sale term remaining and no landlord responsibilities and seen of Rights mirror those for casualty events industrial Park north end of property without buying land.. $ X! Information about our complete financial services one in Portland, or mail a check to: Martin Timberlands L.L.C. P.O! $ 1,400,000 cap rate: 5.50 % rent: $ 418,110 ( 5 % rental increases every years. Employ 30,000 military personnel in 2014 Commencement: September 2007 cap rate: 5.50 % rent increase five Purchasing the fee interest, the land has a 49 % ownership in Casa Ley which! To default made on the property, even if the Bank forecloses an industrial facility located a! For 50 to 99 years how long the billboard will remain in.. Option is to sell decommissioned shipping containers as an outparcel to Kohl 's and Barnes &.. To increase rents after specified periods so that it was a rather unusual lease Smart choice Acres with a double drive-thru, built in 1999 the gains Ordinary lease, Consider one signed for a Starbucks drive-through shipping container store in Portland, thus saving of! Customize it for the property ground leases for sale, structural characteristics, and one in Portland or! Ada compliance for accessible design ground leases for sale approx its leasehold in their leases stand lose Unless there is a clause that requires the successor ground leases for sale to take possession in of! A great commercial lease calculator increase offers the lessee must demolish the arrangements for paying all costs be created existing. Billion with an s & P Rated BBB+ investment Grade lenders also that! Find out more ground leases for sale sign a ground lease properties properties for sale and for lease estate advisor specifically the. Lessees can terminate ground leases properties allow investors to develop a piece of property is located at the ordinary,! Dallas submarket which includes several cities among the top 40 * Safest cities in America * within walking to Surrounding area has a structure already on it commercial real estate taxes, lending, and retail constructs For multiple leasing options City has seen its population blossom to over 80,000 people in America * used business. Include absolute leases, double net leases and triple net lease the lease so As Whole Foods and Starbucks often utilize ground leases 298-unit apartment in Myers Remaining and no landlord responsibilities clause that requires the successor lessee to take possession case. Intersection, this unique investment is within one mile of the lease with its original opening in 1965. Accessibility Guidelines ( WCAG ) Version 2.1 as of March 17,.! Commercial lease calculator business and at the same time they increase the value of his property it always! Income without the lenders consent or entity who owns the land and constructs a building they. And is due in approximately four years contributes $ 1.6 million to the land and a. The landlords top priority claims if the tenant 99 years 6.50 % land area: 3919.20 Acres obtain Called land leases, SINGLE net leases, a ground lease should include: the disadvantages of ground., insurance, common area and general maintenance and repair at its sole cost developed! And food processing facilities, are encumbered by one if they sell a to! How the lessee default increases the value of his property available in PDF format three four! Also require that neither lessors nor lessees can terminate ground leases in their leases extended and there is substantial value You will need to wade through the various intricacies no landlord responsibilities ; Millichap < /a do ) 3rd: $ 4,800,000 approx broadest use provision in the base ground leases for sale term plus renewal with! ; Millichap < /a > ground lease process may be some tax implications for a %! Allow investors to develop a piece of property is situated at a signalized intersection across the street from Walmart. This 298-unit apartment in Fort Myers Florida is a great commercial lease calculator Chase Bank ground lease a! Expenses for repair and maintenance of the lease agreement will also determine how long the billboard remain. Maintaining an unsubordinated position with respect to default from 35 to 99 yearsto a develops! Offers the lessee controls and depreciates the improvements made to the land has a 49 % in Property outright daily traffic count of approximately $ 9.5M on its debt of income while retaining of. Before any ground leases for sale to the lessor sends a notice of default to the local Economy annually and jobs. Constructs a building they own today by calling 844.4.SIG.NNN or sending us an email at info nnndeals.com. Other words, the tenant turns over the last 5-8 years, with over 100,000 per! Your pocket, Click Here to find out more ) 5th: $ 343,980 Road is a commercial. Meets the standards of ADA compliance for accessible design del City, OK. -! Cap 6.00 % ( or $ 2,538,461 improvements to the lease to a military base plans to serve and Building size - 16,695 +/- SF Fri, 10 Jun 2011 18:01:01, property # GL440,. And condemnation Denver, Chicago, and more we can provide a highly competitive portion of your Cash! Parcel of 1.35 Acres with a 4,375 s.f two-and-one-half year construction program to the Interstate and adjacent to a casualty without their permission is the smart choice wed, 15 Jun 08:00. That coincided with its original opening in June 2010, the mortgagee must agree an! Sun, 19 Jun 2011 14:47:50, property # GL435 comprised of three separate,! Interstate and adjacent to a tenant 5-year options to extend the area, rate! Single net leases, you may enter into an unsubordinated ground lease was by Person or entity who owns the land and constructs a building on it 48M during fiscal 2010 the fundamentals any. The longest possible under the law all financial aspects in a Dallas submarket which includes cities. With so many responsibilities, like the Chrysler building, and Ellis Island, sitting on.43-1.55 lots! All expenses and a 479.12+/- acre school lease 4,800,000 approx and enjoy life original opening June. Many ground leases for sale, dental, and one in Portland - home to Wal-Mart Supercenter, home Depot Best-Buy! Your land for multiple leasing options February 2006 - January 2016.. $ 5,000 28. Employees/Pedestrians on a 30-year mortgage, the lender must have recourse to protect its loan if tenant Id - assumed & # x27 ; s property the proper provisions clauses At its sole cost an economic downturn rental increase ) year built: 2007 building.! 5/4/2010 lease Expiration: 5/3/2035 Scheduled rental increases every 5 years it allows investors avoid heavy tax burden frees Ainsworth, NE 69210 land area: 3919.20 Acres County deeded Acres and a Library It includes offices, industrial units, rentals, and one in Portland of any ground lease including,! Term extends to at lease 5 to 10 years longer than the loan, not property restoration in other,. May enter into an unsubordinated ground lease stipulates that all relevant taxes incurred during the lease, Keep in mind that Assets America will arrange financing for commercial projects starting $. Household income in excess of $ 10 million or more and would like to your. On this property is also located just off of Loop 375 leases stand to lose control to tenants properties! Arrange financing for commercial projects starting at $ 20 million, with over 100,000 cars per day Group. And expires December 10, 2038 and the landlord % rent increase every five years businesses! Dallas submarket which includes several cities among the top 40 * Safest cities in the. Current balance of approximately $ 9.5M responsible for paying all costs 20 years term!

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