We Can Help!

Chances are that you're a lot like the folks we talk to every day: frustrated from seeing the same old tired properties still for sale on the internet.

Still haven't found that perfect Triple Net, Long Term Lease with a Credit Tenant? Or maybe it's a strong Investment Grade Property that's missing from your being able to round out your existing real estate portfolio.

If this sounds like the situation that you're in today, then you need to CALL US!

We've got Double Net Lease & Triple Net Lease properties, available for IMMEDIATE SALE. Just what you've been looking for: High Quality Assets with Long Term Leases.

Take a look at these tenants and then CALL US:

Leases with major banks, Corporate CVS & Walgreens Drug Stores, both NN & NNN, or how about straight from the developer, corporately guaranteed Dollar General Stores with their new NNN lease, or a variety of NNN Fast Food Restaurants some with corporate guarantees, Corporate FedEx Ground Distribution Centers and many others.

We've got Leases with Corporate Guarantees.

Double Net Leases & Triple Net Leases.

Ground Leases.

These properties are Available Today in Great Locations.

Today's smart investors are looking for Assets with Long Term Leases and We've Got Them!

And if we don't have exactly what you're looking for today, Just give us your investment criteria and we'll go out and FIND IT!

If you're still spending way too much energy on the internet & still coming up empty, why not have us do the work for you!

CALL ME TODAY:

Steve Arnold
(239) 898-8918
carnegiewealth@earthlink.net



                        Miami and Fort Myers

Highlights:

•  New 15 Year Net Lease with rent increases each option
• S&P Rated B+ with a Positive Outlook
• Corporate Guarantee (NYSE: DG)
• Great Location

Description:

The subject offering is a fee simple interest in a 100% net leased Dollar General. It is a 15 year lease along with (5) five-year renewal options with rental increases at year 11 and with each option period. This is a great opportunity for a passive investor looking for a long-term stable investment with NO Landlord responsibilities.

Dollar General is the largest discount retailer in the United States by number of stores with over 8,700 neighborhood stores in 35 states.Dollar General helps shoppers Save Time. Save Money. Every Day by offering quality private and national banded items that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, house wares and seasonal items at everyday low prices in convenient neighborhood stores.

"Dollar General had another outstanding year in 2009. We are continuing to execute on our operating priorities with precision and discipline." said Rick Dreilling, chairman and chief executive officer. "We delivered strong same-store sales growth of 9.5% for the year on top of 9.0 percent same-store growth in 2008. We completed our second decade of consecutive annual same-store sales growth by providing our customers with value and convenience as we continue to improve our merchandise assortment and upgrade our in-store experience." Mr Dreiling concluded "We are confident that we have the right strategy in place to continue building our track record of profitable growth as we enter 2010."

Miami and Fort Myers

Triple Net Lease definition:

The triple net lease is used extensively in commercial real estate. It is popular for multi-tenant industrial and retail properties. With tenants whose expenses vary greatly, such as an industrial user of electricity, the triple net lease is best for the landlord.

Tenants are resistant to triple net leases, as they have no control over increases in expenses and budgeting their costs is more difficult. This is especially true when it comes to repairs and maintenance. In a triple net lease, the tenants would be responsible for sharing the cost of roof replacement. This can be a large and many times unexpected expense.

Of course, fixed rent is lower with the triple net lease. If the building is a newer one, tenants may find triple net to be preferable to other choices. If establishing a new business, the triple net tenant in a new building can enjoy lower rent and expenses in their first few years. Once established, they may have grown to the point that larger space is necessary. The move can be to a different type of lease or another newer facility.

NNN vs. NN Lease:

Now that we have a working definition of Triple Net Leases, I want to take you into a real time application. We currently have relationships with some of the largest developers of new Dollar General stores in the US.

But how do you know when to go Double Net or Triple Net? As we now know, the tenant is responsible for absolutely nothing in a Triple Net Lease (NNN). No maintenance, no insurance, no taxes, no utilities. Nothing.

The owners of a Double Net Lease (NN) typically are responsible for the "roof & structure", meaning that if the roof of the property or it's structure needs work that is not covered by insurance, then the landlord comes out of pocket to repair it.

So because the landlord has additional "potential" liabilities, he should be and is compensated a bit more than his Triple Net counterpart. The CAP Rate on a Double Net Lease is usually at least a half point higher than on a Triple Net.

For example, on the Dollar General Triple Nets, the CAP Rate is approximately 8.25% to 8. 5%. Where in a Double Net we see CAP Rates 1/2 a point higher (8.75% to 9%). Again, the reason for the higher CAP Rate on the Double Net is simply to compensate the owner for the additional potential cost liabilities on the Roof & Structure.

That being said, it should also be noted that the new Dollar General Stores are essentially steel boxes, so in my opinion, future maintenance to roof & structure should be very modest.

Here's an interesting report from our friends at Marcus & Millschap

Further discussion on Dollar General Stores:

Right now one of the "hot" properties on the market are the new Dollar General Triple Net Lease Stores with their Triple Net Lease Corporate Guarantee.

Previously, Dollar General was offering Double Net Lease stores, but with their latest expansion plans they've rolled out Triple Net Leases (NNN) 15 year initial term with about a 10% increase beginning in year eleven.

We're seeing a lot of activity in these new NNN leases, not only from individual investors, but also from some big institutional players as well. The "Big guys" like to concept of steady income approaching 9% with a Corpoarate Guarantee.

I'm please to say that we have great relationships with some of the largest developers of Dollar Generals in the country. If you have an interest in a single store or in a portfolio, let us know and we'll run the numbers.