Active §1031 Requirements
If you are considering selling your property, you may wish to review our list of active §1031 requirements. If you have a property which meets the requirements below, please send information about the property to us. To the extent possible, please provide a summary of key lease terms, tenant information, and your pricing expectations. For retail properties, please also include tenant sales data.
Active Client Requirements
| Desired Property Characteristics | Cap Rate |
Property Value |
|---|---|---|
| NEW: Walgreens and/or CVS: Minimum 15 year remaining term; NN or NNN lease structure; reported sales > $2 mm; primary or secondary market anywhere in U.S. |
7.3%+ | Min. $2.5 mm |
| NEW: Single-tenant retail, office or industrial properties backed by an investment grade tenant. Minimum 12 year remaining term; NN or NNN lease structure; primary or secondary market anywhere in U.S. |
7.5%+ | Min. $3 mm |