1. FOR SALE: $16,000,000 PORTFOLIO
UNIQUE OPPORTUNITY TO OWN A LONG TERM PORTFOLIO INVESTMENT
Building Size: 14,550 SF
Wendy’s Fast Food
4113 River Ave
North Charleston, SC 29405
CVS Store
2282 SE Federal Hwy
Stuart, FL 34994
Building Size: 10,908 SF
Walgreen’s Lease:
2425 Airline Blvd, Portsmouth, VA 23701
Lease Type:
Base Rent Plus Percentage of Sale
Lease Date:
August 28, 2006
Lease Commencement Date:
June 1, 2007
Initial Term:
June 1, 2007-May 30, 2082
Rent (Monthly):
$26,383.33
Annualized Base Rent:
$316,599.96
Rent Per Lease Term:
$23,744,997.00
Percentage Rent:
2% of Prescriptions in excess of above in 1 year
0.50% of Food in excess of above in 1 year
Termination:
Allowed after 300 months (25 yrs) with 12 months notice
Expenses
Real Estate Taxes: Pass thru to tenant via payment of tax bills
Insurance:
Tenant Responsible
Lease Type:
Landlord:
Tenant:
Building Size:
Lease Date:
Lease Commencement Date:
Initial Term:
Rent (Monthly)
Annualized Base Rent:
Rent Per Period:
st
1 Extension Period
April 1, 2025 – March 31, 2030
Rent (Monthly)
Market rent at time
Special Terms:
Tenant Utility Expenses:
Insurance & Real Estate Taxes:
NNN
Rancho Rivers, LLC
Wencoast Restaurants
Approx. 3,000 SF
April 1, 2005
April 1, 2005 – March 31, 2025
$8,739.65
$104,875.80
$1,937,020.00
nd
2 Extension Period
April 1, 2030 – March 31, 2035
Rent (Monthly)
Market rent at time
st
Lessee has 1 right of refusal to purchase
All Sewerage, trash, water, gas, heat, electric on tenant
Tenant Responsible
Lease Type:
Base Rent Plus Percentage of Sale
Landlord:
Stuart US 2, LLC
Tenant: Eckerd Corporation
Lease Date:
October 23, 2000
Lease Commencement Date: October 23, 2000
Initial Term:
October 23, 2000 – October 22, 2020
Rent (Monthly)
$24,832.50
Annualized Base Rent:
$297,990.00
Rent Per Period:
$5,959,800.00
st
nd
1 Option Term: 10/23/20 – 10/22/25
2 Option Term: 10/23/25 – 10/22/30
Rent (Monthly)
$25,288.42
Rent (Monthly)
$25,692.92
Annualized Base Rent:
$303,461.04
Annualized Base Rent:
$308,315.04
Rent Per Period:
$1,517,305.20
Rent Per Period:
$1,541,575.20
rd
th
3 Option Term: 10/23/30 – 10/22/35
4 Option Term: 10/23/35 – 10/22/40
Rent (Monthly)
$26,197.42
Rent (Monthly)
$26,651.92
Annualized Base Rent:
$314,369.04
Annualized Base Rent:
$319,823.04
Rent Per Period:
$1,571,845.20
Rent Per Period:
$1,599,115.20
Percentage Rent:
2.00% of gross receipts over the annual rent
Tenant Utility Expenses:
All Sewerage, trash, water, gas, heat, electric
Insurance:
Tenant Responsible
Real Estate Taxes:
Taxes passed thru via tax bills
For More Information Contact:
David Joseph | Keyes Commercial Division Director
C: 561-789-7726 | F: 561-249-5722
Email: davidjoseph@keyes.com
For More Information Contact:
Aviva Eyal, P.A., CDPE | Certified Luxury Specialist
C: 561-452-4422 | F: 561-218-8943
Email: avivaeyal@yahoo.com

2. David Joseph
Commercial Division Director
David Joseph is the Commercial Division Director for the Keyes Commercial office serving South Florida including Palm Beach,
Broward, Martin, St. Lucie and Volusia Counties. David has over 27 years of experience in Commercial Real Estate, specializing
in Industrial, Retail centers (10,000 to 25,000 sq. ft.), Multi-Family, Office and Commercial Leasing.
David has a vast knowledge of all facets of Commercial real estate development. Over the years he has developed, built and
managed over 150,000 sq. ft. of Boutique Retail centers, and has sold and leased over two million sq. ft. of Industrial, Retail and
Multi-Family properties.
Prior to joining the Keyes Company, David spent 13 years with Coldwell Banker Commercial and 5 years as a Broker/Owner with
locations in Philadelphia, PA, Allentown, PA and Cherry Hill, NJ. His offices served a 70 mile radius around the
Philadelphia/Southern New Jersey market area. David was also responsible for managing and training 40 commercial agents at his
Coldwell Banker Commercial Diamond Elite franchise.
Aviva Eyal
Certified Luxury Specialist
Aviva Eyal was born and raised in Israel. She has lived and studied in Tel-Aviv, Taiwan, Germany, London and New York. During
this period, she was enriched by a broad spectrum of cultures, languages and an abundance of life experiences. Her
concentration was on marketing, finance and languages. Throughout the years she took supplementary studies and many short
workshops in public relations and motivation as well as Residential and Commercial Real Estate.
Aviva is a Licensed Realtor since 2002, whether you have Commercial Property needs, are an experienced investor, a Luxury Property
owner, a distressed property owner or are new to the market; She has the expertise, proven track record and resources to help you
achieve your real estate goals.
Languages Spoken are English and Hebrew - Fluently, Chinese - Conversational.
The Keyes Company
Marketing Commercial Properties & Businesses is a specialty that very few real estate companies have mastered. Operating since
1926, no other real estate company has the experience, the network of professional associates and the knowledge of the Florida
market, as The Keyes Company.
The Keyes Company combines entrepreneurial skills and more than 80 years of experience in the Florida real estate market.
The company is now the leading independent real estate company in Florida with over 1,800 associates in more than 29 offices. Keyes
consistently ranks as one of the top brokerages in the country, as measured by sales and transaction volume. Keyes is a member of an
alliance of mega-brokers representing 100,000 sales professionals.
The Keyes Company has Commercial & Business Brokerage Specialists located in Miami/Dade, Broward, Palm Beach, and Martin
Counties.
Contact Information:
Contact Information:
David Joseph
Commercial Division Director
Aviva Eyal, P.A. CDPE
Certified Luxury Specialist
One Clearlake Centre
250 S. Australian Avenue, Suite #1201
West Palm Beach, FL 33401
C: 561-789-7726 | F: 561-405-4979
E-Mail: davidjoseph@keyes.com
www.davidjoseph.keyes.com
1200 Yamato Road
Boca Raton, FL 33431
C: 561-452-4422
F: 561-218-8943
Email: avivaeyal@yahoo.com