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8/01/25
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A 10-property, single-tenant net lease retail portfolio in a recent $75.9 mil transaction. It was acquired by one of the largest buyers of single-tenant net leased assets in the country.
Totaling 322.3k sf of space and located in Colorado, Illinois, Nevada, Texas, and Wisconsin, the portfolio includes:
• Five Albertsons-guaranteed grocery stores (three Jewel-Osco locations, one Safeway, and one Tom Thumb)
• Four auto service centers (one AAA ground lease, one Firestone, one Sun Auto, and one Jiffy Lube)
• One Dutch Bros Coffee
The sale demonstrates the strength of the net lease investment market and the enduring appeal of high-credit tenants in strong demographic locations. With corporate-guaranteed, absolute NNN lease structures in place and an average remaining lease term of over 12 years, the assets provide long-term income stability.
Paula Danker, CCIM with Kidder Mathews represented the seller, a private investor who originally made their mark developing residential real estate in Beverly Hills before expanding into multifamily properties throughout Greater Los Angeles. To facilitate transactions in multiple states, Danker—who holds real estate broker licenses in both California and Texas—collaborated with brokers including Scott Reid of Parasell, Inc. and Jon Nesbitt, Kristen Zimmerman, and Remy Tams, individually licensed brokers affiliated with Designated Broker Solutions.
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