RECENTLY ACQUIRED PROPERTIES

These exceptional properties are an opportunity for outstanding returns and tenant stability.

We believe in the diversification of our overall portfolio, and also within geographic areas, property features, tenant relationships, and industries. Here are some of our recently acquired unique and diverse properties.

Mac Papers
Mac Papers
Mac Papers Other Jacksonville, FL
Family Dollar
Family Dollar
Family Dollar General Merchandise Montgomery, AL

Spirit Realty Capital acquired thirty-two (32) Family Dollar stores located throughout the country in September 2019. The properties were placed under three existing triple-net master leases with lease terms of 10+ years remaining and multiple 5-year renewal options. 

Circle K
Circle K
Circle K C-Stores Knoxville, TN

Spirit Realty Capital acquired thirty (30) Circle K convenience stores located throughout Tennessee in June 2019. The properties were placed under an existing triple-net master ground lease with a lease term of 13 years remaining and multiple 5-year renewal options. 

Mr. Clean / Jiffy Lube
Mr. Clean / Jiffy Lube
Mr. Clean / Jiffy Lube Other Lawrenceville, GA

Spirit Realty Capital acquired two (2) Mr. Clean / Jiffy Lube properties located in Georgia in September 2019. The properties were placed under a new triple-net master lease with a lease term of 20 years and multiple 5-year renewal options. 

Dairy Queen
Dairy Queen
Dairy Queen Restaurants Anchorage, AK

Spirit Realty Capital acquired four (4) Dairy Queen properties located in Anchorage, Alaska and the surrounding areas in a sale-leaseback transaction in February 2017. The properties were placed under a new triple-net master lease with a lease term of 15 years and multiple 5-year renewal options. 

Dairy Queen, often abbreviated as DQ, is a chain of soft serve ice cream and fast food restaurants. 

Home Depot Contact Center
Home Depot Contact Center
Home Depot Contact Center Other Tempe, AZ

Spirit Realty Capital acquired one Home Depot Contact Center located in Tempe, Arizona in an existing lease transaction in May 2017. The property was placed under an existing triple-net single lease with a lease term of 10.7 years and multiple 5-year renewal options. 

The Home Depot’s contact centers focus on being a virtual front line for The Home Depot stores and connect with customers via phone, email and web based chat functionality.