November Capital / May 1, 2023
Against the headwinds of rising interest rates, new construction NNN deals continue to move at low cap rates. All cash buyers continue to bid aggressively.
4/25/2023 – Brakes Plus – Litchfield Park, AZ – 15 Year Lease Sells for $2.79M (5.25% Cap Rate)
4/25/2023 – Texas Roadhouse – Altoona, IA – 15 Year Ground Lease Sells for $2.4M (5.25% Cap Rate)
4/25/2023 – Dollar General – Davenport, IA – 15 Year Lease Sells for $2.2M (5.15% Cap Rate)
4/21/2023 – Burger King – Frankfurt, KY -20 Year Lease Sells for $2.95M (5.25% Cap Rate)
4/21/2023 – Dollar General – Chatsworth, GA – 15 Year Lease Sells for $1.74M (6.00% Cap Rate)
4/21/2023 – Dutch Bros – Sulphur Springs, TX – 15 Year Lease Sells for $1.65M (5.00% Cap Rate)
4/18/2023 – AutoZone – Ladys Island, SC – 15 Year Ground Lease Sells for $1.39M (4.75% Cap Rate)
4/17/2023 – Andy’s Frozen Custard – Prosper, TX – 20 Year Lease Sells for $3.83M (5.75% Cap Rate)
4/17/2023 – Family Dollar – Walhonding, OH – 10 Year Lease Sells for $1.3M (7.25% Cap Rate)
4/13/2023 – McDonald’s – Fate, TX – 20 Year Ground Lease Sells for $2.5M (3.75% Cap Rate)
November Capital is dedicated to assisting clients in the acquisition and disposition of net leased retail, industrial, medical and office properties across the United States. November Capital strives to provide only the highest level of service and attention to detail for every client.
Jeffrey Weil is the President of November Capital. Jeffrey is a net lease investment property expert. He previously served as Vice President at a national net lease real estate firm. He received his bachelor’s degree from the University of Michigan Ann Arbor and a law degree from the Chicago Kent College of Law where he graduated with honors. He is a licensed attorney in the state of Illinois.
