Marcus & Millichap

Preet Sabharwal

Overview

Preet Sabharwal is a member of Marcus & Millichap’s National Retail Group and Net Leased Properties Group in the Manhattan Office. Preet oversees a group of nine who specialize in the disposition of free standing net leased assets on a national level. In the past twelve months, he has underwritten, listed, and closed over half a billion in retail assets in the country including single tenant net leased assets and credit anchored shopping centers.

 Preet’s client base ranges from publicly traded institutional clients to private merchant developers. He and his group are currently managing over $250 million in 1031 exchange capital and $350 million in exclusively controlled listings. Preet’s extensive background in financial underwriting has been his greatest asset in evaluating company credit and how it relates to pricing in the net lease space.

Mr. Sabharwal graduated with a Bachelor of Science degree in Accounting at Hunter College in New York. He enjoys reading, playing basketball, and golf in his leisure time and currently resides in the Gramercy section of Manhattan.
 

Manhattan
Preet Sabharwal

Preet Sabharwal

Licensed Real Estate Salesperson
Tel: (212) 430-5195
Fax: (646) 558-0300

License:  NY  10401215775

International Council of Shopping Centers
Real Estate Board of New York
RealShare Net Lease
Interface Net Lease

- National Retail Group
- Net Leased Properties Group


Hunter College, Bachelor of Science degree in Accounting

  • Underwritten, listed, and closed over half a billion dollars in retail assets in the past twelve months
  • Among the top listing agents in the Manhattan office
  • National Achievement Award Winner - 2013
  • Sales Recognition Award Winner - 2013,2012

 

Transactions Closed

  • WG&R Sleep Shop

    WG&R Sleep Shop

    Net Leased Miscellaneous

    Appleton, WI
    Price: $787,500
    Size: 5,166 sqft
    Cap Rate: 14.90%

  • Family Dollar

    Family Dollar

    Net Leased Discount

    Norwich, CT
    Price: $2,100,000
    Size: 8,320 sqft
    Cap Rate: 6.26%

  • CVS Pharmacy

    CVS Pharmacy

    Net Leased Drug Store

    Bolingbrook, IL
    Price: $5,807,454
    Size: 13,015 sqft
    Cap Rate: 6.05%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Fayetteville, NC
    Price: $5,755,400
    Size: 14,490 sqft
    Cap Rate: 6.95%

  • Starbucks Drive-Thru 20-Year Absolute NNN

    Starbucks Drive-Thru 20-Year Absolute NNN

    Net Leased Restaurant

    Richardson (Dallas), TX
    Size: 800 sqft
    Cap Rate: 4.68%

  • Rite Aid

    Rite Aid

    Net Leased Drug Store

    Ransomville, NY
    Price: $840,000
    Size: 8,771 sqft
    Cap Rate: 7.81%

  • Joe's Crab Shack

    Joe's Crab Shack

    Net Leased Restaurant

    Humble, TX
    Size: 7,463 sqft
    Cap Rate: 9.19%

  • Pier 1

    Pier 1

    Net Leased Department Store

    Billings, MT
    Price: $1,484,471
    Size: 9,184 sqft
    Cap Rate: 8.50%

  • Family Dollar

    Family Dollar

    Net Leased Discount

    Albany, GA
    Price: $1,648,000
    Size: 8,320 sqft
    Cap Rate: 6.47%

  • Family Dollar

    Family Dollar

    Net Leased Discount

    Augusta, GA
    Price: $1,877,000
    Size: 8,320 sqft
    Cap Rate: 6.20%

  • St. James Surgery Center

    St. James Surgery Center

    Net Leased Miscellaneous

    East Greenwich, RI
    Price: $2,850,000
    Size: 6,800 sqft
    Cap Rate: 7.22%

  • Beckham's B&M Bar-B-Que

    Beckham's B&M Bar-B-Que

    Net Leased Restaurant

    North Randall, OH
    Price: $330,000
    Size: 4,900 sqft
    Cap Rate: 7.27%

  • BB&T Bank

    BB&T Bank

    Net Leased Bank

    Seffner, FL
    Price: $3,400,000
    Size: 5,600 sqft
    Cap Rate: 7.39%

  • Starbucks

    Starbucks

    Net Leased Miscellaneous

    Phillipsburg, NJ
    Price: $2,125,000
    Size: 3,500 sqft
    Cap Rate: 4.00%

  • Krispy Kreme Doughnuts

    Krispy Kreme Doughnuts

    Net Leased Restaurant

    Durham, NC
    Price: $2,662,159
    Size: 2,929 sqft
    Cap Rate: 5.65%

  • CVS

    CVS

    Net Leased Drug Store

    Fort Wayne, IN
    Price: $3,050,000
    Size: 10,125 sqft
    Cap Rate: 5.86%

  • Rite-Aid Anchored Center

    Rite-Aid Anchored Center

    Shopping Strip

    Newburgh, NY
    Price: $4,400,000
    Size: 83,245 sqft
    Cap Rate: 7.00%

  • CVS Pharmacy

    CVS Pharmacy

    Net Leased Drug Store

    Coral Springs, FL
    Price: $4,550,000
    Size: 11,353 sqft
    Cap Rate: 4.40%

  • Advance Auto Parts

    Advance Auto Parts

    Net Leased Auto Parts

    Holly Hill, SC
    Price: $1,050,000
    Size: 10,752 sqft
    Cap Rate: 6.52%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Huntley, IL
    Price: $7,450,000
    Size: 14,739 sqft
    Cap Rate: 5.23%

  • CVS Pharmacy

    CVS Pharmacy

    Net Leased Drug Store

    Meadows Place, TX
    Size: 14,500 sqft

  • Red Lobster

    Red Lobster

    Net Leased Restaurant

    Tuscaloosa, AL
    Price: $2,167,953
    Size: 7,508 sqft
    Cap Rate: 5.90%

  • Dollar Tree

    Dollar Tree

    Net Leased Discount

    Redford, MI
    Price: $1,472,000
    Size: 13,428 sqft
    Cap Rate: 7.80%

  • Wendy's (New 15-Year Lease)

    Wendy's (New 15-Year Lease)

    Net Leased Restaurant

    Benwood, WV
    Price: $1,215,000
    Size: 2,654 sqft
    Cap Rate: 6.17%

  • Famous Dave's - Sale-Leaseback

    Famous Dave's - Sale-Leaseback

    Net Leased Restaurant

    Addison, IL
    Price: $2,247,220
    Size: 5,000 sqft
    Cap Rate: 6.67%

  • CVS

    CVS

    Net Leased Drug Store

    Brazil, IN
    Price: $3,300,000
    Size: 10,722 sqft
    Cap Rate: 6.82%

  • Burger King - 20-Year NNN Lease

    Burger King - 20-Year NNN Lease

    Net Leased Restaurant

    Willmar, MN
    Price: $1,673,912
    Size: 3,480 sqft
    Cap Rate: 5.65%

  • Burger King - 20-Year NNN Lease

    Burger King - 20-Year NNN Lease

    Net Leased Restaurant

    Willmar, MN
    Price: $2,135,000
    Size: 3,100 sqft
    Cap Rate: 5.68%

  • Athletico Physical Therapy

    Athletico Physical Therapy

    Single Tenant Office Medical

    Oak Park, IL
    Price: $4,490,000
    Size: 19,200 sqft
    Cap Rate: 7.80%

  • Dunkin' Donuts

    Dunkin' Donuts

    Net Leased Restaurant

    Oakwood, GA
    Price: $1,450,000
    Size: 1,939 sqft
    Cap Rate: 6.07%

  • Red Lobster

    Red Lobster

    Net Leased Restaurant

    Ann Arbor, MI
    Price: $4,736,311
    Size: 7,002 sqft
    Cap Rate: 6.10%

  • Burger King - Portfolio of 2 in Minnesota

    Burger King - Portfolio of 2 in Minnesota

    Net Leased Restaurant

    Redwood Falls, MN
    Price: $2,368,083
    Size: 6,800 sqft
    Cap Rate: 5.90%

  • Starbucks Corporate Lease

    Starbucks Corporate Lease

    Net Leased Restaurant

    Schenectady, NY
    Price: $1,520,000
    Size: 1,650 sqft
    Cap Rate: 5.33%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Wappingers Falls, NY
    Price: $10,127,000
    Size: 12,995 sqft
    Cap Rate: 5.50%

  • Burger King

    Burger King

    Net Leased Restaurant

    Belleville, MI
    Price: $1,575,000
    Size: 3,230 sqft
    Cap Rate: 7.10%

  • McDonald's NNN Ground Lease

    McDonald's NNN Ground Lease

    Net Leased Restaurant

    Bonita Springs, FL
    Price: $2,450,000
    Size: 3,830 sqft
    Cap Rate: 4.08%

  • Red Lobster

    Red Lobster

    Net Leased Restaurant

    Reno, NV
    Price: $5,218,000
    Size: 7,185 sqft
    Cap Rate: 6.00%

  • CVS

    CVS

    Net Leased Drug Store

    Traverse City, MI
    Price: $7,519,000
    Size: 13,225 sqft
    Cap Rate: 5.23%

  • CVS Pharmacy

    CVS Pharmacy

    Net Leased Drug Store

    Louisville, KY
    Price: $5,925,903
    Size: 13,225 sqft
    Cap Rate: 5.70%

  • DaVita Dialysis

    DaVita Dialysis

    Single Tenant Office Medical

    Saginaw, MI
    Price: $661,500
    Size: 5,120 sqft
    Cap Rate: 6.09%

  • Family Dollar | 15 Year NNN

    Family Dollar | 15 Year NNN

    Net Leased Discount

    Chalmette (New Orleans MSA), LA
    Price: $2,057,984
    Size: 8,320 sqft
    Cap Rate: 6.35%

  • Panera Bread and Mattress Firm

    Panera Bread and Mattress Firm

    Shopping Strip

    Minot, ND
    Price: $3,370,000
    Size: 8,114 sqft
    Cap Rate: 7.07%

  • CVS Zero Cash Flow

    CVS Zero Cash Flow

    Net Leased Drug Store

    Indianapolis, IN
    Price: $3,577,668
    Size: 10,000 sqft
    Cap Rate: 8.46%

  • CVS Zero Cash Flow

    CVS Zero Cash Flow

    Net Leased Drug Store

    Houston, TX
    Size: 15,000 sqft
    Cap Rate: 8.64%

  • CVS Zero Cash Flow

    CVS Zero Cash Flow

    Net Leased Drug Store

    Litchfield Park, AZ
    Price: $2,394,999
    Size: 12,500 sqft
    Cap Rate: 8.86%

  • Qdoba Anchored Retail Property - New Construction

    Qdoba Anchored Retail Property - New Construction

    Shopping Strip

    Troy, MI
    Price: $5,542,100
    Size: 11,476 sqft
    Cap Rate: 7.38%

  • TGI Friday's

    TGI Friday's

    Net Leased Restaurant

    Morrow, GA
    Price: $1,478,888
    Size: 5,000 sqft
    Cap Rate: 6.75%

  • Wells Fargo (SMU Campus)

    Wells Fargo (SMU Campus)

    Net Leased Bank

    Dallas, TX
    Size: 1,643 sqft
    Cap Rate: 5.00%

  • Goodwill

    Goodwill

    Net Leased Miscellaneous

    Delray Beach, FL
    Price: $4,950,000
    Size: 16,043 sqft
    Cap Rate: 6.48%

  • Burger King - 20-Year NNN Lease

    Burger King - 20-Year NNN Lease

    Net Leased Restaurant

    Hutchinson, MN
    Price: $2,100,000
    Size: 3,000 sqft
    Cap Rate: 5.74%

  • Burger King- 20 Year NNN Lease

    Burger King- 20 Year NNN Lease

    Net Leased Restaurant

    Long Prairie, MN
    Price: $775,000
    Size: 3,100 sqft
    Cap Rate: 5.83%

  • New 15-Year Absolute Net Manhattan AltSchool

    New 15-Year Absolute Net Manhattan AltSchool

    Net Leased Miscellaneous

    New York, NY
    Price: $6,005,000
    Size: 4,753 sqft
    Cap Rate: 5.50%

  • Walgreens Pharmacy

    Walgreens Pharmacy

    Net Leased Drug Store

    Huntington Station, NY
    Price: $6,350,000
    Size: 14,550 sqft
    Cap Rate: 6.30%

  • CVS Pharmacy

    CVS Pharmacy

    Net Leased Drug Store

    Greenwood, MS
    Price: $3,500,000
    Size: 11,970 sqft
    Cap Rate: 6.68%

  • Denny's

    Denny's

    Net Leased Restaurant

    Warwick, RI
    Price: $1,710,000
    Size: 4,000 sqft
    Cap Rate: 6.23%

  • Starbucks | Old National Bank

    Starbucks | Old National Bank

    Shopping Strip

    Indianapolis, IN
    Price: $2,208,000
    Size: 4,950 sqft
    Cap Rate: 7.35%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Mooresville, NC
    Price: $6,950,000
    Size: 14,820 sqft
    Cap Rate: 5.63%

  • Wendy's

    Wendy's

    Net Leased Restaurant

    Battle Creek, MI
    Price: $1,490,000
    Size: 2,703 sqft
    Cap Rate: 6.24%

  • Village Inn

    Village Inn

    Net Leased Restaurant

    Albuquerque, NM
    Price: $2,100,000
    Size: 5,094 sqft
    Cap Rate: 7.00%

  • Corporate Jack in the Box (Dark)

    Corporate Jack in the Box (Dark)

    Net Leased Discount

    Plaquemine, LA
    Price: $900,000
    Size: 2,867 sqft
    Cap Rate: 16.58%

  • CVS Pharmacy (Rent Holiday)

    CVS Pharmacy (Rent Holiday)

    Net Leased Drug Store

    Pasadena, TX
    Size: 12,036 sqft
    Cap Rate: 8.22%

  • Max & Erma's

    Max & Erma's

    Net Leased Restaurant

    Edinburgh, IN
    Price: $1,875,000
    Size: 5,867 sqft
    Cap Rate: 7.27%

  • Verizon Wireless & FedEx Office

    Verizon Wireless & FedEx Office

    Shopping Strip

    Merritt Island, FL
    Price: $4,100,000
    Size: 6,500 sqft
    Cap Rate: 7.70%

  • New 15-Yr. NNN Panera Bread

    New 15-Yr. NNN Panera Bread

    Net Leased Restaurant

    Jamestown (Lakewood), NY
    Price: $3,611,000
    Size: 4,305 sqft
    Cap Rate: 5.00%

  • Port Colden Mall

    Port Colden Mall

    Shopping Strip

    Washington, NJ
    Price: $1,080,000
    Size: 28,785 sqft
    Cap Rate: 13.70%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Ypsilanti, MI
    Price: $6,000,000
    Size: 13,650 sqft
    Cap Rate: 5.77%

  • Pep Boys

    Pep Boys

    Net Leased Auto Service - Gas/Conv.

    Kissimmee, FL
    Price: $4,500,000
    Size: 22,512 sqft
    Cap Rate: 6.44%

  • Verizon Wireless

    Verizon Wireless

    Net Leased Electronics

    Bluffton, SC
    Price: $3,100,000
    Size: 4,500 sqft
    Cap Rate: 7.26%

  • Friendly's (Ground Lease)

    Friendly's (Ground Lease)

    Net Leased Restaurant

    Phillipsburg, NJ
    Price: $1,350,000
    Size: 6,000 sqft
    Cap Rate: 7.00%

  • Goodyear Tire and Service Center

    Goodyear Tire and Service Center

    Net Leased Auto Parts

    Riverview, FL
    Price: $2,885,000
    Size: 6,600 sqft
    Cap Rate: 7.00%

  • Walmart Neighborhood Market

    Walmart Neighborhood Market

    Net Leased Grocery Store

    Albuquerque, NM
    Price: $3,855,000
    Size: 40,000 sqft
    Cap Rate: 4.80%

  • Walgreens (Chicago MSA)

    Walgreens (Chicago MSA)

    Net Leased Drug Store

    Bensenville, IL
    Price: $6,500,000
    Size: 14,820 sqft
    Cap Rate: 5.92%

  • Walgreens Melbourne

    Walgreens Melbourne

    Net Leased Drug Store

    Melbourne, FL
    Price: $5,865,000
    Size: 14,560 sqft
    Cap Rate: 5.50%

  • CVS Pharmacy

    CVS Pharmacy

    Net Leased Drug Store

    Hull, GA
    Price: $4,958,000
    Size: 13,485 sqft
    Cap Rate: 6.75%

  • 1550-1554 Old Country Road

    1550-1554 Old Country Road

    Shopping Strip

    Westbury, NY
    Price: $1,800,000
    Size: 4,213 sqft
    Cap Rate: -2.92%

  • CVS Pharmacy

    CVS Pharmacy

    Net Leased Drug Store

    Mesquite, TX
    Size: 10,908 sqft
    Cap Rate: 5.25%

  • Walgreens Drive-Thru Pharmacy

    Walgreens Drive-Thru Pharmacy

    Net Leased Drug Store

    Cocoa, FL
    Price: $5,358,000
    Size: 15,120 sqft
    Cap Rate: 5.85%

  • PNC Bank

    PNC Bank

    Net Leased Bank

    Bethel Park, PA
    Price: $2,435,000
    Size: 37,897 sqft
    Cap Rate: 4.93%

  • Wendy's (20-Year NNN) Sands Drive - Greensboro

    Wendy's (20-Year NNN) Sands Drive - Greensboro

    Net Leased Restaurant

    Greensboro, NC
    Price: $2,876,190
    Size: 3,572 sqft
    Cap Rate: 5.25%

  • Joe's Crab Shack

    Joe's Crab Shack

    Net Leased Restaurant

    Morrow, GA
    Price: $1,675,000
    Size: 7,500 sqft
    Cap Rate: 7.35%

  • Panera Bread

    Panera Bread

    Net Leased Restaurant

    Midland, MI
    Price: $3,100,000
    Size: 3,538 sqft
    Cap Rate: 5.32%

  • Panera Bread (Ground Lease)

    Panera Bread (Ground Lease)

    Net Leased Restaurant

    Phillipsburg, NJ
    Price: $1,689,760
    Size: 82,764 sqft
    Cap Rate: 5.00%

  • TBC Corporation

    TBC Corporation

    Single-Tenant Office

    Palm Beach Gardens, FL
    Price: $18,000,000
    Size: 44,415 sqft
    Cap Rate: 5.57%

  • Wellmont Health System

    Wellmont Health System

    Single-Tenant Office

    Bristol, VA
    Price: $5,230,000
    Size: 13,828 sqft
    Cap Rate: 7.30%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Portage, IN
    Price: $3,993,000
    Size: 13,838 sqft
    Cap Rate: 6.20%

  • CVS (Leasehold) Zero Cash Flow

    CVS (Leasehold) Zero Cash Flow

    Net Leased Drug Store

    Lakewood, NJ
    Price: $4,156,729
    Size: 14,838 sqft
    Cap Rate: 6.80%

  • U.S. Cellular

    U.S. Cellular

    Net Leased Electronics

    Galesburg, IL
    Price: $1,055,000
    Size: 3,000 sqft
    Cap Rate: 7.25%

  • Alpha Natural Resources Headquarters

    Alpha Natural Resources Headquarters

    Single-Tenant Office

    Bristol, VA
    Price: $28,000,000
    Size: 130,000 sqft
    Cap Rate: 8.71%

  • NAPA Auto Parts

    NAPA Auto Parts

    Net Leased Auto Parts

    Memphis, TN
    Price: $1,468,230
    Size: 9,100 sqft
    Cap Rate: 6.55%

  • Capital One Bank & Liberty Travel (Portfolio of 2)

    Capital One Bank & Liberty Travel (Portfolio of 2)

    Shopping Strip

    Nanuet, NY
    Price: $4,925,000
    Size: 5,964 sqft
    Cap Rate: 4.73%

  • Noisy Oyster

    Noisy Oyster

    Net Leased Restaurant

    North Charleston, SC
    Price: $2,341,375
    Size: 5,870 sqft
    Cap Rate: 8.48%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Tucson, AZ
    Price: $4,475,000
    Size: 13,905 sqft
    Cap Rate: 7.26%

  • Starbucks Lakeview Retail Condos

    Starbucks Lakeview Retail Condos

    Shopping Strip

    Chicago, IL
    Price: $1,300,000
    Size: 5,115 sqft
    Cap Rate: 6.62%

  • Chase Bank | European Wax | Wrigleyville

    Chase Bank | European Wax | Wrigleyville

    Shopping Strip

    Chicago, IL
    Price: $3,625,000
    Size: 5,893 sqft
    Cap Rate: 5.50%

  • CHICK-FIL-A (GROUND LEASE)

    CHICK-FIL-A (GROUND LEASE)

    Single-Tenant Vacant/User

    Phillipsburg, NJ
    Price: $1,600,000
    Size: 43,560 sqft
    Cap Rate: 5.00%

  • Taco Bell

    Taco Bell

    Net Leased Restaurant

    Decherd, TN
    Price: $605,000
    Size: 2,053 sqft
    Cap Rate: 9.51%

  • Kinney Drug Store

    Kinney Drug Store

    Net Leased Drug Store

    North Syracuse, NY
    Price: $2,206,689
    Size: 13,000 sqft
    Cap Rate: 7.40%

  • Kinney Drugstore

    Kinney Drugstore

    Net Leased Drug Store

    Elizabethtown, NY
    Price: $2,672,243
    Size: 11,598 sqft
    Cap Rate: 7.40%

  • Wine & Spirits Superstore

    Wine & Spirits Superstore

    Net Leased Miscellaneous

    Bala Cynwyd, PA
    Price: $3,669,000
    Size: 11,647 sqft
    Cap Rate: 7.27%

  • Rite Aid

    Rite Aid

    Net Leased Drug Store

    Mooresville, NC
    Price: $2,525,000
    Size: 10,908 sqft
    Cap Rate: 10.01%

There are additional transactions closed, contact us for more.