Evergreen Solutions Long-term, buy-and-hold ownership, leased to top-tier credit tenants.
Disciplined Strategy • Durable Income

A partner for long-term sustainable value.

Evergreen Solutions is a principal-focused real estate firm that acquires and manages net lease commercial properties for our own private capital stack. Our approach emphasizes deep research, disciplined underwriting, long-term ownership, and hands-on asset management to preserve and grow value.

Focus
Integrated investment strategy, acquisition, and asset management across diversified industries and geographic markets.
Typical partners
Some of the largest organizations in the country providing income stability.
Research & insights

Research & insights

Curated third-party research and market commentary relevant to net lease investing.

About Evergreen Solutions

Principal capital. Disciplined long term, net lease investing.

Evergreen Solutions invests our own capital in net lease commercial real estate, focusing on high quality assets, strong credit and balance sheets, which allow for durable income. We underwrite with a long term ownership mindset and prioritize properties that remain essential through various investing cycles.

Aligned

We invest as principals

We deploy Evergreen's own capital alongside partners, aligning incetives around downside portection, long-duration income, and carful execution.

Disciplined

Underwriting built for resilience

We target strong tenant credit, real estate fundamentals, unit-level performance, and lease structures designed to minimize surprises and protect cash flow.

Durable

Essential locations & long-term relevance

Our focus is on properties that matter to the tenant’s operations—everyday needs, critical services, and mission-critical use cases that stay relevant over time.

Investment strategies

Net lease strategies built for durable income.

Evergreen Solutions focuses on net lease strategies that emphasize long-term, buy-and-hold ownership of properties leased to top-tier credit tenants, generating reliable and sustainable income.

NNN

Core Net Lease Income

Long-duration, fully net (NNN) leases to investment-grade and high-credit tenants in essential sectors. We target mission-critical assets with predictable cash flow, contractual rent escalations, and limited landlord obligations.

NN

Enhanced Net Lease (NN)

Investments where Evergreen accepts a measured level of landlord responsibility in exchange for higher risk-adjusted returns, while maintaining strong tenant credit quality and visibility into long-term occupancy.

N

Essential-Use Single Tenant (N)

Single tenant properties leased to top-tier credit tenants in essential operating locations—including healthcare, logistics, and necessity-based services— where the real estate is integral to the tenant's business model.

Sale-leaseback

Corporate Sale-Leaseback Program

Partnering with corporations and sponsors to unlock real estate value while securing long-term tenancy. Evergreen structures transactions that enhance balance sheet flexibility for operators and provide stable income for investors.

Mandates

Sustainable Income Mandates

Bespoke net lease portfolios built around institutional objectives for duration, credit exposure, sector mix, and yield. Evergreen can tailor mandates to complement existing fixed income or real asset allocations.

Key differentiators

Investment-grade tenancy focus. Evergreen concentrates on top-tier credit tenants, prioritizing durable, contractually supported cash flows.
Buy-and-hold discipline. Strategies emphasize long-term ownership, capital preservation, and low volatility rather than liquidating an an asset during a down market.
Essential-use real estate. We focus on mission-critical properties where tenancy is "stickier" and locations remain relevant across cycles.
Structured for sustainable income. Our approach is designed to deliver consistent, repeatable income streams that can support long-term obligations and portfolio resilience.
Net lease basics

Common commercial lease structures

Understanding how operating costs are allocated between tenants and landlords across gross, net, and triple-net lease structures.

Lease Type Tenant Pays
(Base Rent +)
Landlord Pays Key Characteristic Common For
Gross Rent (fixed) Taxes, insurance, maintenance, utilities Predictable, all-inclusive cost for tenant Office, multi-tenant buildings
N (Single Net) Rent + property taxes Insurance, maintenance, utilities Tenant covers taxes; less common Industrial, retail
NN (Double Net) Rent + taxes + insurance Maintenance, utilities Tenant covers taxes & insurance Office, retail
NNN (Triple Net) Rent + taxes + insurance + maintenance Utilities (sometimes), structural repairs (rarely) Tenant pays almost all operating costs; stable landlord income Single-tenant retail, industrial, long-term leases
Our assets

Essential, net-leased properties backed by top-tier credit.

Evergreen Solutions targets net-leased properties with strong credit tenants in essential-use locations—assets designed to support durable, predictable income.

Essential retail & services
Healthcare & medical facilities
Logistics & distribution
Quick-service & fast-casual dining
Everyday needs & value retail
Strong consumer demand or need

Representative tenant properties

Representative Starbucks property
Starbucks — single-tenant, drive-thru format illustrative of Evergreen's focus on essential, traffic-driven locations. Representative photo only; not an Evergreen-owned asset.
Representative Dollar General property
Dollar General — value-oriented, necessity-based retail serving everyday needs. Representative photo only; not an Evergreen-owned asset.
Representative Chipotle property
Chipotle — modern quick-service restaurant with strong brand loyalty and off-premise demand. Representative photo only; not an Evergreen-owned asset.
Representative Taco Bell property
Taco Bell — nationally recognized QSR concept with drive-thru and late-night demand. Representative photo only; not an Evergreen-owned asset.
Representative Chick-fil-A property
Chick-fil-A — high-volume quick-service restaurant in strong suburban trade areas. Representative photo only; not an Evergreen-owned asset.
Representative Dunkin' property
Dunkin' — coffee and breakfast-focused QSR supporting all-day traffic. Representative photo only; not an Evergreen-owned asset.
Representative AutoZone property
AutoZone — auto parts retailer serving essential transportation needs. Representative photo only; not an Evergreen-owned asset.
Representative McDonald's property
McDonald's — global QSR brand with drive-thru oriented real estate. Representative photo only; not an Evergreen-owned asset.
Representative Fresenius Kidney Care property
Fresenius Kidney Care — healthcare facility providing essential dialysis services. Representative photo only; not an Evergreen-owned asset.
Capital markets

Capital Market Analysis

Historical relationships between commercial real estate cap rates, interest rates, and risk premiums across economic cycles.

Direct CRE cap rate vs 10-year U.S. Treasury yield with recession shading
Direct CRE Cap Rates vs. 10-Year U.S. Treasury. Direct CRE cap rates are appraisal-based and observed quarterly; monthly values are interpolated for visualization.
Direct CRE cap rate spread to 10-year U.S. Treasury with recession shading
CRE Cap Rate Spread to 10-Year U.S. Treasury. The spread represents the yield premium investors receive for owning illiquid real estate relative to risk-free government bonds.
CBRE cap rate survey versus bond yields
Cap Rates vs. Public Market Yields (CBRE). Period-average comparison of commercial real estate cap rates, BBB corporate bond yields, and U.S. Treasury yields. Source: CBRE Econometric Advisors.

Please reach out with any questions.

Whether you are building your first roadmap or scaling an established program, we can help you clarify priorities, structure initiatives, and measure results.

Primary contact
info@evergreensolutions.biz
Typical engagement
Valuation, asset acquistion and disposition, and ongoing advisory services.
Location
Phoenix, AZ