Retail

We are proud to announce the following Closed Deal! Dylan & Tyler representing Walgreens Dispositions closed a deal with Dollar Tree to sublease 11,409 SF at 702 Bennetts Mills Road. Bennett Realty & Development LLC #bennettcompanies #justclosed #nj #jacksonnj #sublease #dollartree #walgreens

Bennett Realty & Development (“BRD”) has been retained as the Exclusive Listing Broker for a portfolio of net leased investment assets throughout the Eastern U.S.  The portfolio consists of Zips Car Wash in AR, Fresenius Kidney Care in GA, and U.S. Cellular in VA.  Each of these rare assets is a free-standing location in growing markets and can be acquired together or separately.  BRD previously served as the current Owner’s agent for these assets when they were acquired.

For further information on these assets, please contact:
Bill Howard, Managing Director
732.837.2999
bill@bennettrealtyllc.com

Tyler Bennett, CEO
732.837.4153
tyler@bennettrealtyllc.com

We would like to take this time to congratulate Tyler Bennett, CEO of Bennett Realty & Development (BRD) on his latest personal endeavor, the 4x4x48 (x20) Endurance Challenge which he completed last week.

He participated in this endurance challenge to help bring awareness to pediatric brain and spinal cord tumors and help raise money for the “Liv Like A Unicorn” charity which was created to provide assistance to families with children dealing with these issues. We at BRD are proud of his personal accomplishments in the endurance arena as well as promoting charities. We know how hard he works to make sure everything he commits to is a success.

We also know that he likes to push his routine thus adding a 20 lb weighted vest to 9 of his 12 runs. He’s a “Yes You Can” individual and we are inspired by him. Great Job, Tyler! For those who haven’t donated to the Liv Like A Unicorn, It’s never too late. Go to www.livlikeaunicorn.com and donate as much as you can. They represent a great cause.

#LivLikeaUnicorn #BeatALS #4x4x48 #DidGogginsWearAWeightVest #DoMore #BeTheGood #bennettrealtydevelopment #gratitude #fitness #endurance #ultra #CYOP #BYLR # #thankyou #charity #support #donate #giveback

Bennett Realty & Development announces the sale of a Dollar General located in Hiawassee, GA.

Proud to be America’s neighborhood general store, DG strives to make shopping hassle-free and affordable. With more than 17,000 convenient, easy-to-shop stores in 46 states, DG delivers everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products, and much more.

Bennett Realty & Development chose Pegasus Capital Markets to originate the financing. Bill Howard (BRD) represented the buyer. Tax benefits include depreciation amortization, in this case, cost segregation. The US treasury is 1.43%.

For more information on this sale or if you need representation on purchasing/selling an STNL asset, please contact:
Bill Howard
732.837.2999
bill@bennettrealtyllc.com

Bennett Realty & Development announces the sale of rapidly expanding urgent care centers in Millbrook, AL. One of the original locations, lease extended 10 years with annual rent bump.

This company is committed to helping heal their community, FAST! They work hard to make sure their patients don’t have to travel far from town to take care of their health needs. From urgent care to illness care to preventative care and now primary care, they focus on delivering high-quality medical care for the entire family.

Bennett Realty & Development chose Pegasus Capital Markets to originate the financing. Bill Howard (BRD) represented the buyer. The STNL with financing generates 8+% annual ROI after debt service.

Tax benefits include depreciation amortization, in this case, cost segregation. The 10-year treasury is 1.49%.

For more information on this sale or if you need representation on purchasing/selling an STNL asset, please contact:

Bill Howard
732.837.2999
bill@bennettrealtyllc.com

Bennett Realty & Development (“BRD”) is proud to announce the sale of a former Rite Aid property located at 1091 S Broad Street, Trenton, NJ 08611. 

This property was added to our disposition list of former Walgreens/Rite Aids throughout New Jersey and we successfully closed in just over 4 months from our launch. 

Tyler Bennett, CEO, and Dylan Rotchford, both from BRD, represented the Landlord and Buyer in the transaction. This sale completes the JLL & Walgreens marketing assignment for this property. We wish the buyer much success. For more information on this closed deal, please contact Tyler Bennett, CEO, or Dylan Rotchford at 732.837.4060 or via email at tyler@bennettrealtyllc.com or dylan@bennettrealtyllc.com.

I have unfinished business…this last part of this Series. I am going to just dive right in to explain a lot of the “what” for proper context. The Georgia Jewel is a 100 mile-ultra marathon on The Pinhoti Trail system which encompasses Alabama and Georgia in the southern Appalachian mountains. In September, it is like a lush green jungle.

At times with no more than 4’ of visibility. If you pass someone or someone passes you on the trail, which oftentimes was a single-track, you wouldn’t know until you were nearly on top of the person, or they were on top of you. In addition to the remoteness, the elevation changes of this race are ruthless, over 20,000 feet throughout the 100 miles and the ankle-turning rocks are everywhere!

Needless to say, the terrain is unrelenting…but so am I.

Due to COVID, the starting format had to be altered. Beginning at 4 pm they would start 10 racers every 1 minute for 11 minutes until all 111 of us were gone. Somehow, I ended up in the 4:11 pm race start and because the plan was to start slow, I began the first 5 miles of the race in DEAD LAST. Before the race, my friend Chadd Wright, who had introduced me to this event reminded me that I should start slow, ultra-slow. I heeded his advice. My first challenge; stay calm and confident when I knew I could faster.

Over the next 30 plus hours, I would go to pass 40 different people throughout the 100 miles.

No 100-mile race is complete without a CREW. I had four of the best. Two of which had never seen or been involved in ultra-running and two were well versed in the sport, who would be my Pacers. I came to realize that this is undoubtedly a team event. You move as quickly as your CREW will move. Morale, nutrition, cut-off times, and weather are dictated by your CREW, although some choose to do it on their own.

At mile 15 I rolled my left ankle pretty bad on the trail and went down. This was a pivotal moment for me. It was dark, no one was around, and I had 1 choice; keep moving. I tightened my sneaker and eventually put on gators for added support. The pain dissipated, or should I say, other parts just began to hurt. With a 4 pm start time, you start in daylight, then nightfall happens pretty quickly.

I ran into the darkness of night mostly alone in the solitude of my mind, in nature, and my thoughts. In a world of countless mind-drifting distractions, my mind was singularly focused on the task at hand. This was a big part of my WHY. To engulf me in an unmatched concentration level and simply being in the moment, staying deliberate, and executing the plan. Having only seen my crew at Miles 18 and 36 in the front 50 miles, the first part of the race was very individual, which I was prepared for.

I trained alone, was used to running alone, but the truth is I was not alone. Given the vastness of the area and the format of a spread-out field as nightfall came I would not see another person for nearly six hours but I knew my CREW would be ready when I came in, and they were. Miles 18 and then 36 were in and out. I had momentum and felt good.

NO NEGATIVE THOUGHTS OR CURSES

After 50 miles, my pacers, Ryan and Matt were able to join me, albeit at separate times. Ryan would run from mile 50-57, then Matt from 57-82, and then back to Ryan to finish. The early sunrise helped many people get a second wind; I had never lost my initial flow. I was steady.

My stomach was in good shape, my caloric intake plan was dialed in and overall, I felt great. I had contemplated changing by sneakers and socks at mile 40 but after seeing several runners drop out of the race during this attempted pit stop, by mile 50 I choose to keep my sneakers and socks on the entire race. It worked.

Mile 50 turned to 60 and 60 to 70 in somewhat of a blur, daylight turned to night again; the second night.

My pacer Matt was dialed in on his mental game plan for me and I felt like I was doing well. There was a hard cut-off time at Aid Station 81.2 at 4 pm.

This was the “RACE” really tightened up.

Everyone said if you make it to this Aid Station before this cut-off, you will finish the race. A lot of thought and effort was put into that and it would be at the Aid Station that Matt would drop and Ryan would take over. I tried not to let such a goal overwhelm me as I knew I had a grueling 18 miles ahead of me in what was the hardest part of the course.

I would see my crew at that last aid station and then not again to the finish line, except for Ryan who would PACE me to the end. Now it was dark again. Light to dark, to light, back to dark. I had been awake for nearly 40 hours and running for nearly 25 of them. Fatigue set in. The last 18 miles we chipped away through an area of the trail referred to as the “Rock Garden”….so many rocks it was hard to get in a rhythm or pace.

By mile 90, I had hit a spot I had never been to. A pain in my feet impossible to describe and a focused silence. This is where it got hard, really hard. Hard to stay in the moment. Hard to not do calculations in my head of the approximate time I would finish or get to the next to last aid station. Agitation set in.

At this point, we were with 2 other runners, which quickly turned to 1. As we rounded mile 95 and the last part of the rock garden we came across a woman who was physically and mentally spent, leaning on a tree and crying her eyes out. The brutal truth of a race against the clock was that we had to keep moving, after giving her some nutrition. That moment stayed with me. I underestimated the challenge of leaving someone like that behind.

Finally, Mt. Baker a steep a steady climb straight up as the last leg of the race. A brutal climb seemingly designed to take out the weak.
We were all in a weakened state.

I can feel it and taste it now. I knew I would finish, no matter what.
Volunteers cheered you on in the cool low 50’s temperatures that were unseasonably chilly. I climbed and made it to the top. From there a ½ mile in and victory.

I gave Ryan some of my gear and dug back to the thoughts of how I visualized my finish every day over the past 8 months. In ultra-running, there is no mass crowd at the finish line. It was nearly midnight on night 2 and I heard the loudspeakers of the Race Director who could only see my headlamp.

I ran as best as I could and started to see the rest of my CREW. Crossing the finish line at 31 hours and 24 minutes with so much joy but so much exhaustion I was unable to celebrate the way I imagined. Pictures, air high-fives, and an overwhelming consideration of what I had just accomplished overtook me. I sat down and was too tired to even eat a cheeseburger or drink a beer. I had so much gas, the hiccups overcame me but none of it mattered. I was battered, battle-tested, and weakened but never stronger than before in my life.

I did exactly what I said I would 8 months earlier. The bar was raised again.

The journey of a challenge that is seemingly impossible when you decide to do it, is the challenge worth taking. Over time of my training the little wins washed more and more self-doubt away; completing a 30k, a 50k, then a 50 miler all during the doubt and unknown of a Pandemic. I learned that the primal spirit lives in all of us and is no better exemplified than the selfless participants of this event. All of which earned the experiences through adversity the pursuit

As I look back and think about this event and the training, people I met, and the impact it had on me, I know that it will FOREVER have a positive IMPACT on me. I hope that my experience, shared may have a positive impact on someone else. Go take that leap and try something that seems crazy (but safe). Every year I put 1 BIG thing on my calendar in my ongoing effort to write my life resume. To experience new things so that I may become a better person. The Georgia Jewel is that event for 2020.

If you read this and believe this has nothing to do with business then you probably should stop reading the #BennettBlog. But if you see the correlation, then I hope you see that you can do more.