NNN & Income Properties for Investors at Legacy Real Estate and Investment

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PLEASE NOTE: ONLY A SAMPLING OF PROPERTIES is on this web site, as they change frequently. PRODUCT SUPPLY IS STARTING TO INCREASE. CAP RATES ARE BECOMING MORE FAVORABLE FOR BUYERS - IT IS A BUYERS MARKET NOW. We have NNN properties available all over the state of Florida and throughout the US. Please contact Kathy if you are a serious buyer. These properties are whole-ownership (not TIC) properties.

NNN means Net-Net-Net (usually called 'Triple Net' , which refers to the lease). Triple Net means that the Tenant is responsible and pays not only for the rent but for everything regarding the building, including taxes, maintenance, roof, and insurance. Some properties are NN - which usually means that the Landlord will be responsible for the roof and structure. THESE ARE INVESTMENTS - YOU ARE NOT INVOLVED IN THE OPERATING BUSINESS. YOU ARE BUYING A LONG-TERM STEADY INCOME AND REAL ESTATE, will be the LANDLORD/OWNER, AND YOU GAIN TAX BENEFITS.

Retail properties are often triple net (such as Walgreens, CVS, Publix, Applebee's, Burger King, Tire Kingdom, Starbucks, etc.). Leases tend to be long-term (15 to 30 years with options to renew). The Buyer of a NNN property has no responsibilities other than debt service, if any. Legacy works closely with Developers, Capital fund companies, Sellers and other brokers on product throughout the US, in addition to others that are available from other brokers. Legacy walks you through the entire process from search to closing, and represents you.

Please Note:
ONLY A SMALL SAMPLING OF PROPERTIES is shown here. We have literally hundreds of properties available in all price ranges in Florida and around the US.

Please contact Legacy if you are an interested Buyer for detailed assistance.

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Advance Auto Parts

$1,878,900 7.75% cap rate
Wilmington, NC.
Built 2009. Advance Auto (NYSE: AAS) is S&P rated BB+

IHOP, Tallahassee FL
$1,891,891. 7.4% cap rate

20 year NNN lease with 1.25% annual increases. The Tenant is the largest IHOP franchisee in the US. Sitting next to a La Quinta, there are 3 universities (about 60,000 students) in a 3 mile radius!

Financing available.

Tuffys Automotive Center,
Ormond Beach FL and billboard sign income SOLD DEC 2009

15 year NN lease with Corporate guarantee, executed 1996 to January 1, 2012 with 2 five year options. Tenant has indicated they could exercise their option early. In a retail intensive area, good visibility, good store sales. 3,500 SF on 28,632 SF. Billboard income is on a new 20 year lease with bump in year 10.

Dollar General and Family Dollar Stores - available across the US!

Cap rates are now typically 8.5% to 9%. Good buys in down economies.

Best Buy Portfolio
CLOSED Buyer through Legacy
$19,525,000 6% cap rate
Two property portfolio in Winston-Salem and Greensboro, NC. Absolute NNN leases to 2015 with renewals, corporate guarantees.

A number of Walgreens now available, either newly built with 20-25 year initial leases or with about 10 years left on the lease. Keep in mind that cap rates are now higher than in the last 5 years, but the initial lease term is flat. The rating of Walgreens draws investors who are looking for a stabilized,bond-type of investment. Contact Kathy to discuss your interests.

CVS Pharmacy, East Cobb, GA

$4,680,000. 7.4% cap rate.
25 year lease. Build 2009. CVS is S&P rated BBB+

Many CVS sites available.

Contact Kathy ASAP!

Advance Auto Parts
SEVERAL SITES PURCHASED through Legacy

SITES AVAILABLE throughout the US now

Corporate guarantee of an S&P rated company; typically 15 year leases with bump in year 10.

Contact Kathy today to find your new investment site!

Starbucks, several properties available in Florida - well performing stores including a 24 hour site!
Typical 10 year NN lease with 20 years of options; increases every 5 years.

7-Eleven $2,862,059
Closed. Buyer through Legacy
New 20 NNN lease with bumps and renewal options; redeveloped site in a great location.

Several more 7-Eleven properties are available in the US.

WALGREENS and CVS DRUGSTORES, GROCERY STORES
A variety of this product is available or is in process of being developed and built. Contact Legacy if you are interested.