Crest Net Lease is a principal specializing in the sale of well located, single-tenant, net-leased properties, occupied by regional and national tenants under new long term leases. The standard lease structure for a Crest Net Lease property is absolute NNN (no landlord responsibilities) with an average term of 15 to 20 years, plus contractual rent increases. Crest Net Lease was founded in 2000 as a wholly-owned subsidiary of Realty Income Corporation (NYSE:O). Since 2000 we have successfully completed over $300 million in net-leased sale transactions.
Past sales have included these retailers:
- Ryan’s Restaurants
- Big 10 Tires
- NTB (National Tire and Battery)
- Ace Hardware
- Pizza Hut
- Jiffy Lube
- Rite Aid
- Regal Cinemas
- Baker’s Square/Village Inn