Investment Highlights
Brand New 15-Year Lease | Scheduled Rental Increases | Well-Known & Established Brand
Across from a Walmart Anchored Center | Dense Retail Corridor | Strong National/Credit Tenant Presence
Direct Consumer Base | Strong Demographics in 5-Mile Trade Area
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
State Highway 99 (213,000+ VPD) | Excellent Visibility | Large Pylon Sign | Drive-Thru Equipped | Experienced Operator
Executive Summary
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in an absolute NNN, freestanding, drive-thru equipped, Krispy Kreme investment property located in Sacramento, California. The tenant recently executed a brand new 15-year lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making this an ideal, management-free investment opportunity for a passive investor. Headquartered in Charlotte, North Carolina, there are over 360 Krispy Kreme locations in the United States, and over 1,400 worldwide.
