Challenge

Seller had just closed their downleg on a Rite Aid and wanted a more secure investment.  Seller had less than 30 days to identify when they engaged Matysek Investment Group.  The Seller wanted a more secure income stream with decent cash flow so they wouldn’t have to worry about the risk of cash flow interruption.

Strategy

MIG identified the top two single tenant candidates for the client would be to acquire either a CVS or Walgreens due to the superior credit and stability.  This would appease the client regarding the “sleep factor.”  From there MIG pulled all active and off market opportunities and carefully evaluated each asset from lease term remaining, preliminary lease structure & terms, financeability, and yield potential.

Result

Identified three assets and moved forward on a CVS in Louisiana which had 22 years remaining on it’s NNN lease.  Client achieved a solid return for a low risk asset and income stream from which they can live quite comfortably.