•	There are 7 years remaining on the base term of the Walgreens leasehold and 52+ years remaining on the total lease right
•	The lease is corporate signed by Walgreens, an investment grade (S&P: BBB), nationally recognized and established tenant with over 9,000 locations and 200,000 employees

•	The asset is located off the signalized, hard corner intersection of Hillside Avenue and Langdale Street
•	Positioned 1.5 miles off Cross Island Parkway (186,500 VPD), providing direct on/off ramp access for travelers
•	The strong residential corridor will provide a consumer base from which to draw
•	The immediate trade area is supported by surrounding retailers such as Stop & Shop, Five Below, Pet Smart, T.J. Maxx, and more
•	The asset has excellent visibility and multiple points of ingress/egress

New Hyde Park, NY - Walgreens

SRS National Net Lease Group is pleased to offer the opportunity to acquire the leasehold interest (building ownership) in an absolute NNN leased, zero cash flow, Walgreens investment property located in Hagerstown, Maryland. The tenant has over 16 years of firm term remaining with 1 (3 year & 4 month) and 9 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. Founded in 1901, Walgreens has grown exponetially and now operates nearly 9,000 retail locations across America, Puerto Rico and the U.S. Virgin Islands.

•	Walgreens is located at the signalized, hard corner intersection Virginia Avenue and Halfway Boulevard which serves over 27,000 vehicles per day
•	The site benefits from nearby access to Interstate 81 (79,200 VPD)
•	The asset is within walking distance from Crosspoint Shopping Center, a 378,000 SF power center anchored by Target, Kohl’s, Ross, and more
•	Other nearby national/credit tenants include Sam’s Club, Home Depot, Lowes, Hobby Lobby, Tractor Supply, Big Lots, and more
•	Strong tenant synergy increases consumer draw to the immediate subject trade area and promotes crossover tenant exposure to the site

Hagerstown, MD - Walgreens Leasehold ZCF

CVS Leasehold Portfolio Investment Opportunity
Gross Price: $17,022,000
Gross Cap: 7.50%
Net Price: $14,608,000
Net Cap: 8.74%

3560 W Peoria Ave, Phoenix, AZ 85029
7900 Central Ave SW, Albuquerque, NM 87121
2110 Spring Valley Rd, Lancaster, PA 17601
400 Park Avenue, Worcester, MA 01609

CVS Leasehold Portfolio (4 Properties)

- Starbucks recently signed a brand new 10-year lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site
- Brand new construction which features high-quality materials, high-level finishes, and distinct Starbucks design elements
- The lease is corporate signed by Starbucks, an investment grade (S&P: BBB+), nationally recognized, and established firm with over 35,000 stores
- The lease features 10% rental increases every 5 years and at the beginning of each option, growing NOI and hedging against inflation

- Positioned directly off I-95, the property benefits from a high traffic volume of 85,500 VPD on average, while also enjoying prominent frontage along LPGA Blvd with a traffic flow of 26,210 VPD on average
- Positioned across from Latitude Landings, a Publix anchored center that also serves as a gateway to the Latitude Margaritaville Community
- The assets additionally benefits from multiple points of access, including two signalized intersections

Daytona Beach, FL - Starbucks

•	Brand new 20-year lease commencing at the close of escrow with 4 (5-year) option periods to extend
•	Features 10% rental increases every 5 years throughout the initial term and at the beginning of each option, growing NOI and hedging against inflation
•	Pacific Bells Franchisee Guarantee (250+ Units)

•	Located adjacent Interstate 84, a major east/west traveling thoroughfare averaging 12,700 vehicles passing by daily, and State Highway 7, averaging 11,900 vehicles per day
•	Positioned one mile from Baker High School and Baker Middle School
•	Adjacent to a strong retail and hospitality corridor featuring Albertsons, Safeway, Rite Aid, McDonald’s, Pizza Hut, and Best Western Inn
•	Complete with a drive-thru, providing ease and convenience for customers
•	Strong tenant synergy promotes crossover shopping to the subject property

Baker City, OR - Taco Bell

•	The tenant, Shake Shack, recently signed a brand new 15-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site
•	The lease features 10% rental increases every 5 years and at the beginning of each option, generating NOI and providing a hedge against inflation
•	Shake Shack recently crossed its 500th restaurant globally and announced Q3 2023 revenue growth of 21%, in-store sales growth of 9%, and average weekly sales hit $74,000, annualizing to $3.9 million average unit sales

•	The asset is located at the signalized, hard corner intersection of W Jefferson Road and Clay Road averaging 44,000 VPD
•	W Jefferson Road is the main retail thoroughfare with several retail developments surrounding the subject property such as Market Square, South Town Plaza, The Marketplace Mall, and more
•	The site is an outparcel to a newly built Hobby Lobby center
•	Ideally located off I-390 (84,800 VPD), allowing users to benefit from direct on/off ramp access to the site and surrounding trade area
•	The property will feature cross access with the adjacent strip center currently under construction

Henrietta, NY - Shake Shack

1)	 Properties can be sold separately at a higher price contact agent for details.
2)	 Properties can be also be purchased with the assumption of zero cash flow financing. See page 6 for more details.

5180 E Kings Canyon Rd Fresno, CA 93727
4028 Lone Tree Wy Antioch, CA 94531

Fresno & Antioch, CA - CVS Portfolio

SRS National Net Lease Group is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, freestanding, Mavis Discount Tire investment property located in Scottsboro, Alabama (Huntsville MSA). The tenant, Mavis Southeast, LLC, recently signed a brand new 20-year lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. Mavis continues to grow with the acquisition of Cole Muffler Brake in 2008, Somerset Tire in 2015, Kauffman Tire in 2018 and its recent merger with Express Oil and Tire Engineers and now leads a combined company of more than 879 locations across 24 states. The property is now open for business and features brand new top-of-the-line construction with a modern design and first-class amenities.

Mavis is located at the signalized, hard corner intersection of John T. Reid Parkway and State Highway 35, which supports over 51,000 vehicles per day. A second signalized intersection is located on the service drive (adjacent entrance to center). The asset is ideally situated within The Shops of Scottsboro a brand new 84,000 SF Publix and TJ Maxx anchored center, greatly increasing consumer traffic to the immediate area. Furthermore, the site is positioned across from Scottsboro Marketplace, a Walmart shadow anchored center that’s home to Ashley Furniture, Hibbett Sports, and more. Other nearby national/credit tenants include Walmart Supercenter, Home Depot, Tractor Supply, CVS, Family Dollar, and more. Strong tenant synergy increases consumer draw to the immediate subject trade area and promotes crossover tenant exposure to the site. The site benefits from excellent visibility via a large pylon sign that’s visible from John T. Reid Parkway (30,200 VPD), the major retail thoroughfare serving the area. The 25-mile subject trade area is supported by more than 127,000 residents and 37,000 daytime employees who earn an average household income of more than $79,000.

Scottsboro, AL - Mavis Discount Tire

•	Brand new 10-year ground lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site
•	The lease is corporate guaranteed by Wawa, Inc., an investment grade
(Fitch: BBB), nationally recognized, and an established convenience store
and gas brand with over 950+ locations
•	The ground lease features 7% rental increases every 5 years and at the beginning of each option, increasing NOI and hedging against inflation
•	Forbes.com Ranks Wawa as #24 of America’s Largest Private Companies in 2021 and #12 on Forbes 100 Halo List in 2022

•	Wawa is strategically fronting East Bay Drive averaging 60,500 VPD
•	The site is part of a larger development that features a Winn-Dixie, Bank of America, Amped Fitness, and more
•	East Bay Drive is a primary retail thoroughfare serving the city of Largo with surrounding national/credit tenants such as Publix, Ross, Walmart Supercenter, and more
•	Strong tenant synergy increases consumer draw to the immediate trade area

Largo, FL - Wawa Drive Thru

SRS National Net Lease Group is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, newly-constructed, double drive-thru equipped Raising Cane’s investment property located in Rio Rancho, New Mexico (Albuquerque MSA). The tenant, Raising Cane’s Restaurants, LLC, recently signed a brand new 15-year lease with 5 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is signed by the corporate entity, Raising Cane’s Restaurants, LLC, and is absolute NNN with zero landlord responsibilities, making this an ideal, management-free investment opportunity for a passive investor. Founded in 1996, Raising Cane’s is a well-known and established QSR chicken brand with more than 700 restaurants around the world and several new restaurants in development.

The subject property is strategically located at the signalized, hard-corner intersection of Southern Boulevard SE and Unser Boulevard SE, which averages a combined 63,600 vehicles passing by daily. The site benefits from significant street frontage and a large pylon sign, and will be equipped with a double drive-thru, providing ease and convenience for customers. Additionally, the asset is ideally situated in the heart of a local retail corridor, and within walking distance to a Walmart Supercenter. Other nearby national/credit tenants include Walgreens, Aaron’s, Dollar Tree, O’Reilly Auto Parts, Starbucks, Chick-fil-A, Circle K, AutoZone, and many more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site. The 5-mile trade area is supported by approximately 153,000 residents and 38,000 employees, providing a direct consumer base from which to draw. Residents within 5 miles of the subject property boast an affluent average household income of $105,521. Rio Rancho is a prosperous, family-friendly suburb of Albuquerque, the largest city in the state of New Mexico.

Rio Rancho, NM - Raising Cane's

SRS National Net Lease Group is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, corporate guaranteed, drive-thru equipped, Salad and Go investment property located in Hurst, Texas (DFW MSA). The tenant, And Go Concepts, LLC, recently signed a brand new 20-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor. The newly-constructed building features a state-of-the-art design and high-quality materials. Salad and Go was founded in 2013 in Gilbert, Arizona. The company currently operates nearly 103 locations in the Western United States and is continuing to expand.

The Salad and Go is located near the signalized, hard corner intersection of Precinct Line Rd and Grapevine Hwy with a combined (72,900 VPD). The building is equipped with a double drive-thru, providing ease and convenience for customers. On average, stores with drive-thrus experience higher sales than those without. The property is positioned as an outparcel to Lowe’s Home Improvement, which helps draw consumers into the local trade area. Additionally, the asset is located less than 2 miles northeast of North East Mall, a 751,000 square foot shopping mall with major tenants including Dillard’s, Dick’s Sporting Goods, Macy’s, Cinemark, and more. Furthermore, the site is within close proximity to multiple national/credit tenants including a Walmart Supercenter, The Home Depot, Target, T.J. Maxx, Sprouts, Albertsons, and many more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover tenant exposure to the site. The 
5-mile trade area is supported by over 278,800 residents and 105,700 employees, providing a direct consumer base from which to draw. Residents within a 1-mile radius of the subject property boast an affluent average household income of $130,672.

Hurst, TX - Salad and Go

•	Brand new 20-year lease commencing at the close of escrow
•	Features 10% rental increases every 5 years throughout the initial term and at the beginning of each option, growing NOI and hedging against inflation
•	Pacific Bells Franchisee Guarantee (250+ Units)

•	Located adjacent State Highway 57, a major north/south traveling thoroughfare averaging 10,000 vehicles passing by daily
•	Less than two miles south of the Midview High School, Middle School, and Elementary School
•	Positioned in a retail hot spot, alongside local restaraunts and a McDonald’s
•	Complete with a drive-thru, providing ease and convenience for customers
•	Strong tenant synergy promotes crossover shopping to the subject property

Retail Investment Sale Properties