acquisition criteria

RJS Properties, Inc. acquires commercial properties for its own portfolio only

Desired ACQUISITIONS

We invest in GROUND LEASED & NNN LEASED PROPERTIES with very low rents.

TYPICAL DEAL SIZE                        

Most of our purchases have annual rents under $75,000.

TARGET TENANTS

Credit tenants such as Aldi, Applebee’s, Arby’s, AutoZone, Bob Evans, Burger King, Chipotle, CVS, Dollar General, Dollar Tree, Dunkin, Family Dollar, Hardee’s, Hobby Lobby, Jiffy Lube, Long John Silver’s, McDonald’s, NTB, O’Reilly, Panera Bread,  Pep Boys, Pizza Hut, Sherwin Williams, Starbucks, Taco Bell, Take 5, Tractor Supply, Verizon, WaWa, Walgreens, Wendy’s, Zaxby’s, banks, grocery stores, convenience stores, single-tenant warehouse, and single tenant industrial.

RECENT TRANSACTIONS

  • Aldi, Various locations
  • Advance Auto, Gastonia, NC
  • AutoZone, Various locations
  • Arby’s & Kroger Fuel Station, Tiffin, OH
  • Bojangles, Kannapolis, NC
  • Burger King, Various locations
  • CVS, Various locations
  • EZPawn, Tulsa, OK
  • Jiffy Lube, O’Fallon, MO
  • Joe Hudson Collision Center, Pace, FL
  • Krispy Kreme, Council Bluffs, IA
  • McDonalds, Kenosha, WI
  • Monro Muffler, Marysville, OH
  • NTB, Mt. Pleasant, PA
  • O’Reilly Auto Parts, Various locations
  • Panera Bread, Delaware, OH
  • Pep Boys, Various locations
  • Perkins, Winter Park, FL
  • Sherwin Williams, Charlotte, NC
  • South State Bank, Milton, FL
  • Take 5, Various locations
  • Valvoline, Various locations
  • WaWa, Franklin, VA
  • Zaxby’s, Winter Park, FL

DEAL STRUCTURE                           

All cash to the seller, in-house private funds (we do not use banks or long-term debt).

GEOGRAPHY                                    

We are based in Charlotte, North Carolina, and buy ground leased and NNN leased properties in the continental United States.  The majority of our properties are in North and South Carolina; however, we own and are interested in properties in Alabama, Florida, Georgia, Kentucky, Mississippi, Missouri, Ohio, Oklahoma, Tennessee, Texas, Virginia, West Virginia, and Wisconsin.

SUBMISSION PROCEDURE              

Call Dave Chandler to discuss, send financial information, describe seller’s motivation to sell, description and location of property including adjacent uses, proposed purchase price and terms, lease documentation and annual sales information, photographs, and net operating income with supporting historical expense information.

WHAT WE DO NOT PURCHASE

We do not acquire big box retail, multi-tenant offices, apartments, single-family residential, vacant land, and most newly constructed properties.

WHY SELL TO US    

We pay market cap rates and will purchase your property quickly and efficiently. We are not brokers, we are a family office and only purchase for our own portfolio, with no committee approvals, timely response, and low-cost closings. We buy smaller deals in large and small markets.