Investment Highlights
11 Years Remaining | Long Term Occupancy (14 Years) | Annual Rental Increases | Options to Extend
Fox Valley Mall (4.5M+ Annual Visitors) | 120+ Tenants | Nearby Residential Complexes
Strong Demographics In 5-Mile Trade Area
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Signalized, Hard Corner Intersection | Excellent Visibility & Access | Dense Retail Corridor | National/Credit Tenant Presence
Executive Summary
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, corporate signed, freestanding, On the Border Restaurant investment property located in Naperville, Illinois. The tenant, OTB Acquisition, LLC, has occupied the property since June 2010 and has over 11 years remaining on their lease with 4 (5-year) option periods to extend, demonstrating their commitment to the site. The lease features 1.50% annual rental increases throughout the initial term, growing NOI and hedging against inflation. The lease is signed by the corporate entity, and is absolute NNN with zero landlord responsibilities, making this an ideal, management-free investment opportunity for a passive investor.
