Enterprise Rent-A-Car Ground Lease NNN Ground Lease
1107 N Grand Ave Dallas/Fort Worth Metroplex
Gainesville, Texas 76240 Hard Corner Location
Contact: Jordan Woolf 26 Miles from nearest Enterprise Location
817.343.7752 | [email protected] Low Price Point Investment
List Price 6.50% Major Cross Street
Gross Operating Income Year Built
Landlord Expenses* Rent Commencement
Net Operating Income Initial Term Expiration*
Building Square Feet Land Acres 0.40
1 Mile 2 Mile 3 Mile - 10 year primary term
Population 7,529 14,978 17,460 - Four (4) Five (5) year options
Business Population 3,416 8,612 10,343 - 7.5% Rent increases on options
Average HH Income $49,193 $52,595 $54,508 - No Landlord Responsibility
- Tenant paid for 100% of the remodel costs
and parking lot addition
- Enterprise Rent-A-Car is a subsidiary of Enterprise Holdings (EHI)
- 2017 Revenue was $22.3 Billion
- EHI employs 100,000 people, operates in 90 countries, and has over 1.8 Million vehicles
- EHI owns and operates 9,900 rental car locations worldwide under Enterprise Rent-A-Car, National
Rent-A-Car and Alamo
- EHI is ranked by Forbes as one of America's Largest Private Companies
- EHI was founded in 1957 in St. Louis, Mo and is still privately held by the Jack Taylor Family
- EAN Holdings is a wholly owned subsidiary of EHI and operates all of the Enterprise Rent-A-Car
locations in the state of Texas
*Landlord required to carry $2,000,000 in CGL Insurance estimated to
cost $840 per year
*Tenant has a termination option after 24 months. Tenant also put in
100% of the cost to improve the property
Demographics Lease Summary
NNN Investment Sale:
The Tenant: Enterprise Rent-A-Car
Grand Ave & O'Neal St
1995/2017 Remodel
9/13/2017
8/31/2017
$371,692
$25,000
$840
$24,160
456
Conifer Real Estate | Principle. Passion. Perseverance | 75+ years of experience you can trust
Property Highlights
NNN Investment Sale:Conifer Real Estate | Principle. Passion. Perseverance | 75+ years of experience you can trust
Property Pictures
Conifer Real Estate| Principle. Passion. Perseverance | 75+ years of experience you can trust
About Enterprise Rent-A-Car
Enterprise Rent-A-Car was founded in
1957 by Jack Taylor who selected the
name to salute the WWII aircraft carrier
he served on. The Jack Taylor Family
still privately owns Enterprise Rent-A-
Car under Enterprise Holdings Inc
(EHI). EHI is the largest transportation
provider that offers car, truck, and
motorcycle rentals and also does car
sharing and car sales. EHI is in over 90
countries with more than 9,900 locations.
EHI also owns Alamo and National
which are Rent-A-Car companies. 2017
Revenue for EHI was $22.3 Billion. The
company employs 100,000 people and
has a fleet of $1.9 million vehicles.
WORLD HEADQUARTERSEnterprise Holdings Inc. 600 Corporate Park Drive St. Louis, Missouri 63105 (314) 512-5000enterpriseholdings.com
Enterprise Holdings Inc. and its affiliate Enterprise Fleet Management together offer a total transportation solution. Combined, these businesses – which include extensive car rental and car-sharing services, truck rental, corporate fleet management and retail car sales – accounted for $22.3 billion in revenue and operated nearly 1.9 million vehicles in fiscal year 2017.
Enterprise Holdings – through its integrated global network of independent regional subsidiaries and franchises – operates the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands at more than 9,900 fully staffed neighborhood and airport locations in more than 90 countries throughout the world.
Its affiliate, Enterprise Fleet Management, provides full-service fleet management to companies, government agencies and organizations operating medium-sized fleets of 20 or more vehicles, as well as those seeking an alternative to employee reimbursement programs.
Enterprise Holdings is the largest car rental company in the world as measured by revenue and fleet. Enterprise Holdings’ annual revenues also place it near the top of the global travel industry, exceeding all other rental car companies, many airlines, and most cruise lines, hotels, tour operators and online travel agencies.
For information on Enterprise Holdings’ long-term commitment to corporate social responsibility, visit enterpriseholdings.com/csr.
©2017 Enterprise Holdings Inc. as of 12/1/17
BUSINESS LINESEnterprise Car Salesenterprisecarsales.com
Enterprise Truck Rentalenterprisetrucks.com
Enterprise CarShareenterprisecarshare.com
Enterprise Rideshareenterpriserideshare.com
Zimride by Enterprisezimride.com
Exotic Car Collection by Enterpriseexoticcars.enterprise.com
Enterprise Flex-E-Rentflexerent.co.uk
Enterprise Car Clubenterprisecarclub.co.uk
AFFILIATEEnterprise Fleet Managementefleets.com
Alamo Rent A Caralamo.com
Enterprise Rent-A-Carenterprise.com
National Car Rentalnationalcar.com
AWARDS• Workforce 100 from Workforce Magazine, 2017
• Gold LearningElite organization from Chief Learning Officer magazine, 2017
• Training Top 125 from Training magazine, 2017
• No. 1 Entry Level Employer from CollegeGrad.com, 2017
• National Car Rental, Enterprise Rent-A-Car and Alamo Rent A Car named to The World’s Best Car Rental Companies in Travel + Leisure magazine’s World’s Best Awards, 2017
• Gold Travvy Award: Best Fleet, Best Domestic Car Rentals and Best Overall Car Rentals, 2017
• Supplier Engagement of the Year Finalist from the Ethical Corporation’s Responsible Business Awards, 2017
• Transportation Partner of the year from the American Society of Travel Agents (ASTA), 2017
• President and CEO Pamela Nicholson named to Fortune magazine’s list of “America’s 50 Most Powerful Women in Business” for past 11 years
Enterprise Holdings Inc. and its three brands have continually been recognized for customer service, corporate social responsibility efforts, employment practices and policies, and overall leadership in the car rental industry. A comprehensive awards list is available at enterpriseholdings.com/en/awards.
GLOBAL REVENUE
FY 2017 $22.3 billion
FY 2016 $20.9 billion
FY 2015 $19.4 billion
FY 2014 $17.8 billion
FY 2013 $16.4 billion
Revenue includes Enterprise FleetManagement, which was spun off fromEnterprise Holdings Aug. 1, 2011.
EXECUTIVESAndrew C. TaylorEXECUTIVE CHAIRMAN
Donald RossVICE CHAIRMAN
Pamela NicholsonPRESIDENT AND CHIEF EXECUTIVE OFFICER
Jo Ann Taylor KindlePRESIDENT, ENTERPRISE HOLDINGS FOUNDATION
Christine TaylorEXECUTIVE VICE PRESIDENT AND CHIEF OPERATING OFFICER
Greg StubblefieldEXECUTIVE VICE PRESIDENT AND CHIEF STRATEGY OFFICER
Rick ShortEXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER
Shelley RoitherVICE PRESIDENT, HUMAN RESOURCES
Brice AdamsonSENIOR VICE PRESIDENT, ENTERPRISE FLEET MANAGEMENT
Mike AndrewSENIOR VICE PRESIDENT AND GENERAL COUNSEL
Patrick T. FarrellSENIOR VICE PRESIDENT AND CHIEF MARKETING & COMMUNICATIONS OFFICER
Lee KaplanSENIOR VICE PRESIDENT AND CHIEF ADMINISTRATIVE OFFICER
Craig KennedySENIOR VICE PRESIDENT AND CHIEF INFORMATION OFFICER
Rose LanghorstSENIOR VICE PRESIDENT AND TREASURER
David NestorSENIOR VICE PRESIDENT, NORTH AMERICAN OPERATIONS
Carolyn Kindle BetzSENIOR VICE PRESIDENT ANDEXECUTIVE DIRECTOR, ENTERPRISE HOLDINGS FOUNDATION
Kurt KohlerSENIOR VICE PRESIDENT, FLEET ACQUISITION AND REMARKETING, NORTH AMERICA
©2017 Enterprise Holdings Inc. as of 12/1/17
FAST FACTS• 100,000 employees*†
• Nearly 1.9 million vehicles*
• More than 450 vehicle makes and models*
• More than 9,900 fully staffed neighborhood and airport locations worldwide, including more than 6,400 fully staffed neighborhood and airport locations in the U.S. alone
• Operates in more than 90 countries and territories, including North America, Central America, South America, the Caribbean and Europe, as well as parts of Asia-Pacific and the Middle East
• Ranked by Forbes as one of America’s Largest Private Companies
*includes affiliate Enterprise Fleet Management †employed by Enterprise Holdings and its network of independent regional subsidiaries
Alamo Rent A Car• Attracts value-oriented international and U.S. leisure
travelers looking for an easy and hassle-free rental experience
• Largest car rental provider to international travelers visiting North America
• Operates 286 self-service kiosks at 90 U.S. locations
• Official Rental Car of Walt Disney World®Resort and Disneyland® Resort
• The Alamo Insiders loyalty program provides members a discount of 5 percent
Enterprise Rent-A-Car• Internationally recognized brand, known for
affordable rates, neighborhood convenience and outstanding customer service, including picking up local customers at no extra cost
• More than 7,700 locations, including more than 5,800 fully staffed neighborhood and airport branch offices located within 15 miles of 90 percent of the U.S. population
• Offers consumers a total transportation solution through its network of services including Enterprise Fleet Management, Enterprise Car Sales, Enterprise Truck Rental, Enterprise CarShare, Enterprise Rideshare, Zimride by Enterprise, Exotic Car Collection by Enterprise, Enterprise Car Club (U.K.)and Enterprise Flex-E-Rent (U.K.)
• Official Partner of the National Collegiate Athletic Association (NCAA), National Hockey League (NHL) and National Hockey League Players' Association (NHLPA)
National Car Rental• Premium, internationally recognized brand serving
the daily rental needs of frequent airport travelers seeking choice, convenience and time savings for personal and business trips
• Helped pioneer corporate-account business with the car rental industry’s first comprehensive frequent-rental program, Emerald Club, allowing for an expedited rental process and counter bypass
• Official Partner and Official Rental Car of theProfessional Golfers' Association (PGA) of America
• Official Car Rental Partner of nine Major League Baseball (MLB) teams – Baltimore Orioles, Boston Red Sox, Chicago White Sox, Houston Astros, Kansas City Royals, Los Angeles Angels, New York Mets, St. Louis Cardinals and Texas Rangers
©2017 Enterprise Holdings Inc. as of 12/1/17
MILESTONESEnterprise Rent-A-Car opens its first Rent-A-Truck location.
Alamo Rent A Car launches industry’s first online check-in system.
Exotic Car Collection by Enterprise begins operations. Enterprise announces 50 Million Tree Pledge, in partnership with the Arbor Day Foundation and the U.S. Forest Service, commits to planting 50 million trees over50 years, at a cost of $50 million.
Enterprise celebrates its 50th anniversary. Taylor family acquires Alamo Rent A Car and National Car Rental brands.
Enterprise Holdings Inc. is created for its growing portfolio of car rental and transportation services, including the Alamo, National and Enterprise brands.
Enterprise Rent-A-Car launches “The Enterprise Way,” its first television advertising campaign featuring employees. The campaign includes Enterprise team members at branch offices, highlighting in their own words the brand’s renowned customer service, culture and heritage.
Enterprise Holdings further expands its European presence with its acquisition of Citer and Atesa car rental brands and enters the car rental market in China through a strategic investment in eHi Auto Services.
Pam Nicholson named CEO, the first from outside the Taylor family. Enterprise Holdings acquires ride-matching business Zimride.
Chrissy Taylor named EVP and COO. Enterprise Holdings also acquires vRide, a vanpooling company that has been serving U.S. commuters for 40 years while also providing American business leaders one of the most resourceful, efficient and sustainable transportation solutions available.
2005
2006
2007
2009
2011
2012
2013
2016
Jack Taylor founds Executive Leasing in St. Louis, with a fleet of seven cars.
Executive Leasing begins rental operations in response to customer demand for rental cars while their own cars are being repaired. Executive also starts a Car Sales Division.
Executive Leasing is renamed Enterprise Leasing in honor of the World War II aircraft carrier Jack Taylor served on –the USS Enterprise.
Alamo Rent A Car is founded with four locations in Florida; pioneers the concept of unlimited mileage. Enterprise pilots the practice of providing customers with a free ride to the rental office. This service leads to Enterprise’s well-known “We’ll Pick You Up” tradition.
Enterprise opens its National Reservation Center, allowing customers to call a toll-free number to reserve rental vehicles nationwide.
National Car Rental introduces Emerald Club, the industry’s first comprehensive frequent-renter program, which provides members with an expedited rental process and counter bypass.
Enterprise Leasing changes its name to Enterprise Rent-A-Car to reflect the enormous growth of its rental car business.
Jack Taylor’s son, Andy Taylor, named Enterprise’s CEO.
Enterprise’s leasing division becomes Enterprise Fleet Services, focusing on serving businesses with small- to mid-sized fleets.
Enterprise Rent-A-Car opens its first international office in Windsor, Canada.
Enterprise Rent-A-Car opens its first European rental office in Reading, England.
Enterprise Rent-A-Car opens its first airportrental location at the Denver International Airport. Alamo Rent A Car is the first in car rental industry to offer customers real-time internet booking capabilities.
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©2017 Enterprise Holdings Inc. as of 12/1/17
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B efore working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If you are a prospective seller or landlord
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TREC No. OP-K