Portfolio

Cedar Hill Portfolio

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Building Area Gross
Land Area Gross ()
Number of units 3
Call for Offers 2022-03-22

Portfolio description

Jones Lang LaSalle Americas, Inc., a licensed real estate broker, (“JLL”) is pleased to exclusively offer a premier Net Lease opportunity to acquire a diversified Cedar Hill Portfolio (the “Portfolio”). The Portfolio is comprised of 10 Freestanding Net Leased Properties, located throughout various states in the Eastern half of the United States. The Portfolio offers a mix of tenants and lease terms providing investors with a diversified opportunity.

Investment Highlights

  • 10 freestanding single tenant net lease properties, one strip center (three suites, one vacancy), 12 total tenants
  • Investment grade credit on 84% of income
    • CVS - 70% of income, S&P BBB credit rating
    • Advance Auto - 4.55% of income, S&P BBB- credit rating
    • AutoZone - 8.65% of income, S&P BBB credit rating
  • Properties located throughout 7 different states in the U.S.
  • Weighted average remaining lease term of +8 years for the entire portfolio and a weighted average tenure at the property of 19 years
  • Value add opportunity through short term leases at five of the properties and a vacant unit in the three-suite strip center
  • 70% of portfolio income associated with CVS (S&P: BBB) Credit
    • 10 years WALT between all CVS leases
  • CVS paying an attractive $205,900 ($19.35 PSF) average rent across the portfolio

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

List View
Map View
Cedar Hill Portfolio (11 Properties)
Advance Auto Parts
Alpena, MI, United States
CVS #7525-02
AltaVista, VA, United States
CVS #06908-02
Demotte, IN, United States
AutoZone Anchored Strip Center
Canal Fulton, OH, United States
CVS #04199-02
Hagerstown, MD, United States
Rite Aid #4309-02
Lapeer, MI, United States
CVS #3812-02
Winston Salem, NC, United States
CVS #4429-01
Dundalk, MD, United States
CVS #6277-02
Moundsville, WV, United States
Advance Auto #1716R
Port Huron, MI, United States
CVS Pharmacy - Lebanon, IN
Lebanon, IN, United States
Expand Map Collapse Map
Last Updated Date: 01 Mar 2022

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.