This type of single-tenant property may be just the answer for investors who are nervous about recent economic events, says Avison Young’s Jonathan Hipp.
Along with (literally) the rest of the world, we’re watching the daily news of the spread of the coronavirus, now upgraded by the World Health Organization to pandemic status. We hold to what we have said all along in terms of its impact on investment, namely, play the long game and know that this too shall pass. As devastating as the news is–and it is–the old rules of investment still apply. Just as panic won’t help …
The net lease automotive sector includes a diverse group of tenants, most of whom fall into one of two groups: auto part stores, including Advance Auto Parts, AutoZone, and O’Reilly Auto Parts; and service centers, such as Jiffy Lube, Caliber Collision, and Firestone. …
The net lease automotive sector spans a wide group of tenants ranging from auto part stores, including Advance Auto Parts, AutoZone, and O’Reilly Auto Parts, to service centers, such as Jiffy Lube, Caliber Collision, and Firestone.…
Herndon, VA – Rick Fernandez, Calkain’s Senior Managing Director, has been retained to sell the real estate, including improvements, at 20900 Frederick Road in Germantown, Maryland. The property has been operated and corporate guaranteed by Pep Boys since the early 90’s under a long-term NNN lease with annual rent increases.…