Lucas Druskin

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Principal Buyer

Director of Acquisitions

Nellis Corporation

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Owner/Investor

Is Looking For

Single Tenant Net Leased Properties

Acquisition Criteria

Description:

Leased significantly below market (at least 40% or more),
• Absolute net leased (no management responsibility),
• In or near a major metropolitan area,
• All property types considered (as long as it is single tenanted),
• Encumbered by a lease with ten or more years remaining (with all options),
• Low cap rates, but cheap price per square foot,
• A typical deal for us would have a lease that commenced prior to 1995 (in order to be significantly below market).

Listing Types:

Business Industrial Retail

Price Range :

$1,000,000 to $10,000,000

Locations:

Maryland, USA Virginia, USA Washington, DC, USA Pennsylvania, USA New Jersey, USA

Last Updated: 03/08/2021

Created: 2021-03-08T17:17:52Z

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