Knipp Wolf Net Lease Group

Recent Closing: Former 7-Eleven | Irving, TX Salim Bhaidani, Associate, and Vincent Knipp, Senior Managing Director Investments, in Marcus & Millichap’s Dallas office, represented the buyer for the purchase of a former 7-Eleven site. The oversized 1.79-acre property is in a heavily industrial area of Irving, TX. It is located along a major road, providing high visibility and convenient access to nearby industrial and commercial hubs. Contact Salim Bhaidani or Vincent Knipp for more information. ?? (817) 932-6136 [email protected] ?? (972) 755-5205 [email protected] #NNN #realestate #investment #investing #commercialrealestate #property #passiveincome #investor #realestateinvesting #commercialproperty #netlease #retailrealestate #cre #7eleven #irving #texas

Just Listed: The Dance Movement | $2,200,000 | 10-Year Absolute Net Sale-Leaseback | Plano, TX - Attractive Brick Construction on a Large 1.47 Acre Parcel - Prime Location Near a Planned Mixed-Use Development Anchored by an H-E-B - Excellent Access and Visibility on North Custer Road (38,673 VPD) Near Sam Rayburn Tollway (90,861 VPD) ?? Click link for details https://lnkd.in/g4FDB3RP Contact Vincent Knipp for more information. ?? (972) 755-5205 [email protected] #NNN #retail #realestate #investment #investing #commercialrealestate #property #passiveincome #cre #investor #realestateinvesting #commercialproperty #netlease #retailrealestate #plano #texas

Blackstone Acquires Controlling Stake in Jersey Mike’s for $8 Billion Blackstone has agreed to acquire a controlling stake in Jersey Mike’s Subs for $8 billion, marking a major milestone for the rapidly growing sandwich chain and highlighting increasing interest in the quick-service restaurant (QSR) sector. Several factors influenced the decision, including Jersey Mike’s strong financial performance, with systemwide sales surpassing $3 billion annually. The franchise-driven model has proven profitable and sustainable, and despite its substantial footprint, the chain has significant domestic and international growth potential. The partnership will accelerate Jersey Mike’s expansion, capitalizing on its consumer-focused approach of fresh, customizable offerings that align with health-conscious trends. Additionally, the company’s adaptability, particularly during the pandemic with digital ordering and delivery, underscores its ability to thrive in changing market conditions. Founder and CEO Peter Cancro will retain significant equity and leadership. The transaction is expected to close in early 2025, subject to regulatory approval. https://lnkd.in/gJHKHHiX #NNN #retail #realestate #investment #investing #commercialrealestate #property #passiveincome #cre #investor #realestateinvesting #commercialproperty #netlease #retailrealestate #advanceautoparts #blackstone #jerseymikes

Advance Auto Parts to close over 700 locations in turnaround plan Advance Auto Parts reported declining sales for another quarter and announced plans to close over 700 locations under a strategic plan to improve business performance. The closures, part of an asset optimization program following an operational productivity review, include 523 corporate stores, 204 independent locations, and four distribution centers. As of August 4, the company operated 4,492 corporate stores. Estimated closure costs range from $350 million to $750 million, with completion expected by mid-2025. The company also finalized the sale of Worldpac, an automotive parts wholesaler, to Carlyle for $1.5 billion to simplify its business model. Closures involve total market exits in some Western states and footprint adjustments in Eastern states. https://lnkd.in/gDEQZSpi #NNN #retail #realestate #investment #investing #commercialrealestate #property #passiveincome #cre #investor #realestateinvesting #commercialproperty #netlease #retailrealestate #advanceautoparts?

Election Results Herald Tax Policy Stability but Could Present Headwinds After reducing the overnight lending rate by 50 basis points in September, the Federal Open Market committee opted to cut again by half that margin at the November meeting. This returns the target lower bound to 4.5 percent — a level not seen since March 2023 — reflecting progress on both sides of the FOMC’s dual mandate for supporting price stability and full employment. While year-over-year core PCE inflation of 2.7 percent in September was still 70 basis points above the FOMC’s target, the labor market showed more signs of softening in October. Easing growth in employee compensation and real disposable income also indicate that pricing pressure may abate further. Marcus & Millichap’s Research Brief: Financial Markets & Election Update https://lnkd.in/geSy6zqW Key Highlights Include: - Fed takes second step on gradual rate-lowering path - Election outcome raises new possibilities - New tariffs could raise costs for households and investors - Potential trade policies cloud near-term Fed outlook - Sales velocity already on improvement path #NNN?#retail?#realestate?#investment?#investing?#commercialrealestate?#property?#passiveincome?#cre?#investor?#realestateinvesting?#commercialproperty?#netlease?#retailrealestate?#election?#fed

Just Listed: Regal Row Express Car Wash | $3,500,000 | Owner/User Opportunity | Dallas, TX - 2024 Construction - Automatic Car Wash with Thirteen Vacuum Stations – Equipment Included Grandfathered Billboard Signage in a High-Traffic Corridor; New Permits are no Longer Issued by the City/County - I-35 Location (134,819 VPD) Near Signalized Intersection at Regal Row and Interstate Frontage Road - 3 Miles From Dallas Love Field Airport (17+ Million Passengers in 2023) and Southwest Airlines Corporate Headquarters ?? Click link for details https://lnkd.in/gq6PW2jX ? Contact Salim Bhaidani or Vincent Knipp for more information. ?? (817) 932-6136 [email protected] ?? (972) 755-5205 [email protected] #NNN #retail #realestate #investment #investing #commercialrealestate #property #passiveincome #cre #investor #realestateinvesting #commercialproperty #netlease #retailrealestate #carwash #dallas #texas

Recent Closing: City Food Mart | Hurst, TX Salim Bhaidani, Associate, and Vincent Knipp, Senior Managing Director Investments, in Marcus & Millichap’s Dallas office, had the exclusive listing to market the property on behalf of the seller. Contact Salim Bhaidani or Vincent Knipp for more information. The property is located at the hard corner of Brown Trail and Pecan Road (7,393 VPD), near East Pipeline Road (16,737 VPD), with a built-in customer base of 949 apartment units within a half-mile radius. ?? (817) 932-6136 [email protected] ?? (972) 755-5205 [email protected] #NNN?#realestate?#investment?#investing?#commercialrealestate?#property?#passiveincome?#investor?#realestateinvesting?#commercialproperty?#netlease?#retailrealestate?#cre?#hurst?#texas

Inventory Update: Spooky Season Edition Explore our extensive nationwide inventory of net lease properties. Contact our agents for more details. Happy Halloween! ?? https://lnkd.in/gPx-ibEN Vincent Knipp ?? (972) 755-5205 [email protected] Ryan Wolf ?? (972) 755-5207 [email protected] Luke Sullivan ?? (972) 755-5198 [email protected] Salim Bhaidani ?? (817) 932-6136 [email protected] Jake Stammen ?? (972) 755-5209 [email protected] Shane Trevi?o ?? (972) 755-5175 [email protected] Brokers of Record: FL: Ryan Nee | (954) 245-3400 | License BK3154667 NC: Ben Yelm | (843) 952-2222 | License 303785 OH: Michael Glass | (614) 360-9800 | License BRK.2007005898 #NNN?#retail?#realestate?#investment?#investing?#commercialrealestate?#property?#passiveincome?#cre?#investor?#realestateinvesting?#commercialproperty?#netlease?#halloween

Just Listed: 7-Eleven (Dark) | $3,122,000 | Absolute Net Lease With 10.6 Years Remaining | Conroe, TX - Gas Station and C-Store Owner/User Opportunity? - Attractive 2020 Brick Construction - Excellent Access and Visibility on West Davis Street (27,758 VPD) Near Interstate 40 (129,351 VPD) ?? Click link for details https://lnkd.in/gBmNJn4x Contact Jake Stammen, Salim Bhaidani or Vincent Knipp for more information. ?? (972) 755-5209 [email protected] ?? (817) 932-6136 [email protected] ?? (972) 755-5205 [email protected] #NNN #retail #realestate #investment #investing #commercialrealestate #property #passiveincome #cre #investor #realestateinvesting #commercialproperty #netlease #retailrealestate #7eleven #conroe #texas

Recently Closed: Take 5 Oil Change | San Antonio, TX Vincent Knipp, Senior Managing Director Investments, and Blake Burnett, First Vice President Investments, in Marcus & Millichap’s Dallas office, had the exclusive listing to market the property on behalf of the seller. The property features an absolute net lease with annual rent increases and prime access along Nacogdoches Road, with traffic counts exceeding 26,932 VPD. Contact Vincent Knipp or Blake Burnett for more information. ?? (972) 755-5205 [email protected] ?? (972) 755-5244 [email protected] #NNN?#realestate?#investment?#investing?#commercialrealestate?#property?#passiveincome?#investor?#realestateinvesting?#commercialproperty?#netlease?#retailrealestate?#cre?#take5?#sanantonio?#texas