Venu FireSuite (T6-19-20) – Broken Arrow, OK
Broken Arrow, Oklahoma
Cap Rate: 11.00%
$500,000
Available
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Get In TouchMattress Firm – Richmond, IN
Mattress Firm
4404 National Road East, Richmond, IN 47374, USA
Sands Investment Group is Pleased to Exclusively Offer For Sale the 5,000 SF Mattress Firm NN Asset Located at 4404 National Road East in Richmond, IN. This Deal Includes a Mattress Firm That Has Over 5 Years Remaining on a Corporate-Guaranteed Lease, With 10% Rent Increases at the Start of Each Option Period, Providing For a Secured Investment.
- Mattress Firm Exercised an Early Lease Extension, Underscoring Its Long-Term Commitment to the Location
- Prime Location With Direct Frontage on National Rd E, Which Sees Over 21,592 Vehicles Per Day (VPD)
- Mattress Firm Has Over 5 Years Remaining on a Corporate- Guaranteed Double Net (NN) Lease, With 10% Rent Increases at the Start of Each Option Period
- Landlord is Responsible For Maintaining the Roof, Structure, and Structural Repairs to the Sidewalks
- February 2025, Tempur Sealy Acquired Mattress Firm For $5 Billion, Creating the World’s Largest Mattress Retailer With Over 2,800 Locations
- Positioned in a Strong Retail Corridor With Neighboring National Tenants Including ALDI, Hobby Lobby, Tractor Supply Co., Walmart, Kroger, Planet Fitness, Best Buy, Starbucks, and Big Lots—Driving Consistent Traffic and Visibility to the Site
In Cooperation With Sands Investment Group Indiana, LLC – Lic. #RC52000211 BoR: Andrew Ackerman – Lic. IN #RB20001918
Mattress Firm
4404 National Road East, Richmond, IN 47374, USA
MATTRESS FIRM
For the past 90 years, Mattress Firm has made it easy to get a great night’s sleep by providing our customers an expertly curated collection of quality mattresses from the best brands. Today, with 2,400 neighborhood stores and more than 6,000 Sleep Experts™, we strive to match every customer with their perfect mattress at the perfect price. Our Sleep Experts™ help more than 3 million people a year find the right solution for their sleep needs. Our selection of mattresses and bedding accessories includes leading brands such as Beautyrest®, Nectar®, Sealy®, Serta®, Simmons®, Sleepy’s®, Stearns & Foster®, Tempur-Pedic®, Tuft & Needle®, tulo®, and Purple®. We also offer customers Sleep.com as a go-to resource for learning how to sleep better and feel better. Committed to serving our communities, the Mattress Firm Foster Kids program, in partnership with the Ticket to Dream Foundation, joined forces with local foster care non-profit partners to help children in foster care get better sleep so they can shape a better future.
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Venu FireSuite (T6-27) – Broken Arrow, OK
Broken Arrow, Oklahoma
Cap Rate: 11.00%
$275,000
Available
Ollie’s Bargain Outlet and Citi Trends Center | Lufkin, TX
Lufkin, Texas
Cap Rate: 7.00%
$3,347,115
Available
Price
$2,461,538
Cap Rate
7.15%
PREMISES
5,000 SF
RENEWAL OPTIONS
2 x 5 Years Options
Lease Expiration
03/31/2031
Lease Type
NN
RENTAL INCREASES
10% at Options
BROKERS
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To receive access to this OM, please review and sign our confidentiality agreement:
Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
The term of this Agreement is for one (1) year from the date below, which shall be automatically extended through any ongoing negotiations, escrow periods or closing of any purchase and sales transaction(s) for the opportunity entered into by Prospective Buyer or its affiliates during the term hereof.
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