Author: Elizabeth Hewerdine

Secure Net Lease, a nationally recognized brokerage firm, has announced the successful closing of a newly constructed Chipotle ground lease in Arlington, Texas. The deal was secured with a 1031 exchange buyer from California, representing a smooth and competitive transaction process in the heart of the Dallas-Fort Worth metroplex.

Kyle Varni, who represented the seller, shared, “We had a lot of interest right out of the gate and ended up with multiple strong offers. One buyer came in basically at the list price, which was a great outcome.”

The property, located at 4422 S Collins Street, features a ±2,325-square-foot freestanding Chipotle with a Chipotlane drive-thru, situated on ±0.89 acres. This high-visibility pad site benefits from proximity to Interstate 20 and is surrounded by major national retailers, including Walmart Supercenter, Ross, and Planet Fitness. The site serves a dense trade area with more than 270,000 residents and an average household income exceeding $80,000 within a five-mile radius. Its strong demographics and positioning within Arlington’s high-traffic retail corridor make it a highly attractive long-term investment.

“The closing went really smoothly — we’ve got a solid relationship with the broker and have done a few deals together before, so that definitely helped” Varni concluded.

This transaction further demonstrates Secure Net Lease’s ability to pair top-tier real estate with qualified buyers seeking stabilized net lease investments. The deal was completed with all cash and exemplifies the firm’s continued success in facilitating efficient closings through experienced relationships and detailed market knowledge.

Chipotle Mexican Grill, headquartered in Newport Beach, California, is one of the leading fast-casual restaurant brands in the U.S., with more than 3,400 locations nationwide. The brand is widely recognized for its innovative use of drive-thru formats, digital ordering, and a loyal customer base, all of which have solidified Chipotle’s role as a top-tier tenant in net lease portfolios.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

Secure Net Lease, a nationally recognized brokerage firm, has completed the simultaneous sale of two brand-new McDonald’s ground-lease assets in Prosper and McKinney, Texas. The properties were acquired by a Dallas-based private investor executing a 1031 exchange, underscoring the persistent demand for high-quality net-lease real estate in North Dallas’ rapidly growing suburbs.

Anthony Pucciarello, who led the transaction, noted, “We initially brought the McKinney site to market, but interest really picked up when we introduced the Prosper location. That’s when we connected with a local Dallas-based buyer who was in a 1031 exchange and saw an opportunity to acquire both. He purchased the properties with the intention of holding them long-term as part of his family’s real estate portfolio.”

The Prosper asset is a ±4,285-square-foot freestanding McDonald’s located at the hard corner of Frontier Parkway and the Dallas North Tollway—a pad to a forthcoming 132,000-square-foot H-E-B slated to open in 2025. Surrounded by master-planned communities, top-ranked Prosper ISD schools and an average household income of roughly $165,000 within five miles, the site is positioned for long-term stability.

Roughly 15 miles southeast, the McKinney property—also ±4,285 square feet—sits along the busy US-380 / University Drive corridor at Coit Road. More than 183,000 residents with an average household income above $181,000 live within a five-mile radius, while multiple elementary and high schools across the street drive consistent daytime and evening traffic.

The dual-asset closing highlights Secure Net Lease’s ability to package complementary properties and navigate complex multi-site due-diligence processes. Leveraging deep developer relationships and local market knowledge, the team delivered an efficient, all-cash closing that satisfied the buyer’s exchange timeline despite a challenging financing environment.

McDonald’s Corporation, headquartered in Chicago, Illinois, remains the world’s largest quick-service restaurant company with more than 41,800 locations across over 100 countries. Its enduring brand equity, industry-leading drive-thru innovations and broad customer loyalty continue to position McDonald’s ground-lease assets among the most sought-after investments in the net-lease marketplace.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4 billion in sales and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net-lease investments across the nation. Historically, 88 percent of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

Secure Net Lease, a nationally recognized brokerage firm, has successfully closed the sale of a Murphy USA located in Dallas, Texas. The buyer was an out of state all cash buyer that loved the property due to the site’s projected outstanding site visit numbers. The seller—a merchant developer—benefited greatly from the buyer’s quick decision making and all-cash closing.

Kyle Varni, who facilitated the transaction, shared, “This was a deal that took a little longer to find a buyer than we originally expected, but as soon as the store opened for business and we were able to get projected store visit numbers we had a lot more buyer interest. We were then able to source an all cash buyer from out of state that loved the projected high performance. The buyer was willing to move extremely quickly and close with all cash, which created a super smooth and fast transaction.”

The 2,824-square-foot convenience store is situated in a densely populated corridor of Dallas with strong traffic counts and significant retail presence. The property sold at a very aggressive cap rate that was close to our list price.

“It honestly couldn’t have gone easier once we opened escrow due to our track record with Murphy USA and the knowledge of the trade area” Varni concluded.

This transaction exemplifies Secure Net Lease’s track record and expertise selling C-Store properties in a market that we are extremely familiar with, while maintaining seamless execution and delivering value for both buyers and sellers.

Based in El Dorado, Arkansas, Murphy USA is a leading retailer of gasoline and convenience merchandise. They operate over 1,720 stores with over 15,000 employees that serve customers in 27 states. Their sites are located in close proximity to Walmart stores, but also operate standalone stores under the names Murphy Express and QuickChek.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

Secure Net Lease, a nationally recognized brokerage firm, has announced the successful closing of a 7-Eleven property located in Caldwell, Texas. The asset was purchased by a private investor from Texas, as part of a broader depreciation strategy that has driven multiple acquisitions throughout 2024.

Edward Benton, who led the transaction, said, “A Texas-based depreciation buyer purchased this 7-Eleven in Caldwell, Texas. We’ve completed multiple 7-Eleven transactions together throughout 2024, and there are several more in the works.”

The 4,650-square-foot property is situated in a high-growth corridor with strong traffic counts and consistent demand for convenience retail. Its visibility and tenant strength made the property an ideal addition to the buyer’s investment portfolio. The site is situated in the College Station Metropolitan Statistical Area (MSA), home to Texas A&M University, the 3rd largest university in the nation with a student body of 68,000+.

“The buyer has been very reliable and motivated, and this deal is one of many we’ve successfully executed as part of an ongoing relationship” Benton concluded.

The seller benefited from Secure Net Lease’s efficient process and established relationships with ready-to-close investors. This transaction highlights Secure Net Lease’s continued ability to match motivated buyers with well-positioned net lease assets.

7-Eleven, Inc., headquartered in Irving, Texas, is the global leader in convenience retailing. The brand operates, franchises, or licenses more than 85,000 stores across 20 countries. Known for its innovation and rapid expansion, 7-Eleven continues to be one of the most trusted names in the retail landscape.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term

Secure Net Lease, a nationally recognized brokerage firm, has announced the successful closing of a 7-Eleven property located in Sinton, Texas. The deal was completed with a repeat private investor from Texas, who was motivated by depreciation benefits and has actively acquired multiple 7-Eleven assets throughout 2024.

Edward Benton, who completed the transaction, shared, “This 7-Eleven in Sinton, Texas was acquired by a depreciation-motivated buyer based in Texas. I’ve closed several 7-Eleven deals with them in 2024, and we already have more in the pipeline.”

The Sinton location comprises 4,650 square feet and is strategically positioned along a high-traffic thoroughfare in a growing South Texas market. Sinton, Texas is located about 20 Miles North of Corpus Christi, the 8th most populous city in Texas. Sinton benefits from the 316,240+ residents of Corpus Christi, helping to employ the oil industry of South Texas. The store’s visibility, access, and strong convenience-based demand made it an attractive opportunity for the buyer.

“They’ve been a great buyer to work with, and this transaction is just one of many we’ve successfully completed together” Benton concluded.

The seller benefited from Secure Net Lease’s streamlined closing process and strong buyer relationships. This transaction further illustrates Secure Net Lease’s ability to pair repeat, qualified buyers with high-performing net lease assets in prime markets across the country.

7-Eleven, Inc., headquartered in Irving, Texas, is the global leader in convenience retailing. The brand operates, franchises, or licenses more than 85,000 stores across 20 countries. Known for its innovation and rapid expansion, 7-Eleven continues to be one of the most trusted names in the retail landscape.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term

Secure Net Lease, a nationally recognized brokerage firm, has successfully closed the sale of a Wendy’s property located in Orangeburg, South Carolina. The asset was purchased by a private investor from Colorado executing a 1031 exchange. The transaction offered exceptional value for the buyer and demonstrated Secure Net Lease’s continued execution in identifying attractive net lease opportunities.

Todd Lewis, who facilitated the transaction, shared, “The Wendy’s deal in Orangeburg was a really great one. It had a strong cap rate, and we ended up selling it to a 1031 exchange buyer. Everything went smoothly, and the buyer was a pleasure to work with.”

This 2,262-square-foot quick-service restaurant is strategically located on a high-visibility corridor with strong surrounding demographics. Orangeburg County has a population of 85k+ people and is conveniently located 37 miles southeast of Columbia, SC and 75 miles east of Charleston, SC. Wendy’s, one of the largest and most recognizable fast-food brands in the U.S., continues to demonstrate resilience and strong market presence. This location’s long-term lease and solid tenant profile made it especially appealing to passive investors seeking dependable cash flow in the retail net lease sector.

“Our client was really happy with how it turned out. Plus, the deal included some extra signage income, which made it even better” Lewis concluded. The transaction highlights Secure Net Lease’s ability to match well-qualified buyers with stable, income-generating properties in markets nationwide.

Wendy’s is one of the most recognizable fast-food chains globally, and is the fifth largest QSR brand in the U.S. with $2.19B in revenue. It has over 6,200 locations across the world that employ over 56,000 people. They are known for its square hamburgers, sea salt fries, and signature Frosty desserts. It emphasizes fresh, never-frozen beef and offers a variety of sandwiches, salads, and sides.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term

Secure Net Lease, a nationally recognized brokerage firm, has announced the successful closing of a 7-Eleven in Gallatin, Tennessee. The deal was secured with a repeat private investor from Georgia who was motivated by depreciation benefits.

Edward Benton, who oversaw the deal, shared, “We sold this 7-Eleven site in Gallatin, Tennessee to a buyer that Matt Scow from our team introduced. It was a depreciation-motivated investor we’ve worked with on multiple transactions in the past, which made for a smooth and efficient closing thanks to the strong relationship and trust we’ve built over time.”

The property, located at 214 Big Station Camp Blvd., is a 4,650-square-foot convenience store situated in a high-growth suburb northeast of Nashville. The site features prime positioning along a well-trafficked corridor near residential communities, new developments, and regional retail anchors, making it a valuable asset in the investor’s portfolio.

This transaction exemplifies Secure Net Lease’s ability to navigate the current lending environment and structure deals that close smoothly—even amid market fluctuations. Leveraging the team’s experience and long-standing client relationships, the firm once again demonstrated its knack for pairing high-quality net lease investments with motivated buyers.

7-Eleven, Inc., headquartered in Irving, Texas, is the global leader in convenience retailing. The brand operates, franchises, or licenses more than 85,000 stores across 20 countries. Known for its innovation and rapid expansion, 7-Eleven continues to be one of the most trusted names in the retail landscape.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

Secure Net Lease, a nationally recognized brokerage firm, has completed the successful sale of a 7-Eleven in Aiken, South Carolina. The property was acquired by a private buyer pursuing a 1031 exchange and motivated by depreciation benefits. Notably, the buyer had a pre-existing relationship with the seller, leading to a highly efficient and expedited transaction process.

Matthew Scow, the agent who led the deal, remarked, “This 7-Eleven in Aiken, South Carolina is one of the larger truck stop-style locations. The buyer was already familiar with the seller, which made for an exceptionally smooth transaction. Both the PSA and due diligence phases went quickly and efficiently because of their direct working relationship.”

Located on a high-traffic corridor, the 4,650-square-foot 7-Eleven benefits from strategic placement in a growing market area. Aiken, known for its accessibility and economic development, has increasingly attracted national tenants and commercial growth. The property caters to both everyday convenience customers and long-haul truck drivers, enhancing its role as a robust investment opportunity in the net lease space.

“Sometimes you get lucky with deals like this—everything aligned, and we were able to close ahead of schedule. The buyer was motivated by depreciation benefits, and we’re optimistic this will lead to more deals with this developer in the future” Scow concluded.

The transaction was completed ahead of schedule, highlighting the efficiency and cooperation between both parties. The buyer’s familiarity with the seller helped streamline negotiations and accelerate the due diligence process, resulting in a seamless closing experience and reinforcing the strength and appeal of this investment.

7-Eleven, Inc. remains the world’s leading name in convenience retailing. Headquartered in Irving, Texas, the company operates, franchises, or licenses more than 85,000 stores across 20 countries. It is a brand synonymous with consistent expansion and innovation within the retail sector.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.