Case Studies

Our deal makers have closed more than $6 billion in net lease sales in 48 states.Here is a sampling of recent transactions.

7-ELEVEN PORTFOLIO 100% BONUS DEPRECIATION

SNL arranged the sale of 20 newly constructed 7-Eleven properties totaling $99 million. The investor used 100% Bonus Depreciation to off-set his entire capital gain tax obligation from the recent sale of his health care company. These assets were located in Florida, Illinois, Texas, Maryland, South Carolina, and Virginia. SNL was able to amend all leases to “Qualifying Leases” during escrow process.

7-ELEVEN PORTFOLIO 100% BONUS DEPRECIATION

SNL arranged the sale of 2 newly constructed 7-Eleven properties totaling $8.6 million. The California investors used 100% Bonus Depreciation to off-set their entire capital gain tax obligation from the recent sale of their veterinary business. These assets were located in Colorado and Washington. SNL was able to amend all leases to “Qualifying Leases” during escrow process.

YESWAY SALE-LEASEBACKS BUSINESS ACQUISITION FINANCING

SNL arranged the sale of 120 Yesway C-Store properties totaling $237 million, across Texas and New Mexico. These assets were part of Yesway’s acquisition of Allsup’s Convenience Stores, a 304-store regional chain. SNL generated multiple offers and ultimately sold the portfolio to 2 institutional investors, and arranged a simultaneous closing of the property sales and Allsup’s business acquisition.

QUIKTRIP PORTFOLIO ESTATE SALE

SNL listed and sold 9 QuikTrip C-Store properties totaling $38.5 million, across Texas, Kansas, and Missouri. SNL generated multiple offers and ultimately sold the portfolio to an institutional investor.

FIRESTONE COMPLETE AUTO CARE

SNL achieved record low cap rate and benchmark pricing on over $85 million worth of Firestone Complete Auto Care properties across 10 Mid-Atlantic and Mid-West states. These properties were sold to a mix of private and fund investors.

TACO BELL/KFC PORTFOLIO

SNL arranged the sale of a $32 million Taco Bell/KFC portfolio leased to a large franchisee, with a mix of long- and short-term leases. These assets were located in Arkansas, Missouri, and Oklahoma and sold to one investor.

TGI FRIDAY'S

SNL complete sales of 13 TGI Friday’s single tenant properties located throughout the Midwest and East Coast. These assets were sold individually for TGI Friday’s who entered into a long term triple-net lease with each property owner. All told, the transactions were sold for $40.5 million.

TEXAS SHOPPING CENTER

SNL began marketing this multi-tenant property after a nationally known brokerage firm’s listing expired. Within 3 weeks of taking over the assignment, we generated 8 offers and sold at list price.

STARBUCKS

SNL sold over $120 million in Starbucks properties located within Arizona, California, Colorado, Louisiana, Oklahoma, Texas, Virginia, and Wisconsin. All were sold as one-off sales to private investors.

CALIBER COLLISION

SNL achieved record low cap rates and benchmark pricing on over $70 million worth of newly constructed Caliber Collisions in Colorado, Florida, Georgia, New Mexico, Oklahoma, and Texas. These properties were sold to a mix of private and fund investors.