James Westerberg

Senior Vice President
Institutional Coverage Group

About James

James Westerberg is a Vice President with Surmount (formerly NNN Pro). James joined Surmount in 2016 and currently works on the Institutional Coverage Group focusing on developing and successfully executing sale-leaseback programs, asset valuations and acquisition/disposition programs for a substantial and diversified client base spanning across both private and institutional markets. James provides a wide range of high-quality advisory services across all facets of the net lease investment market including analysis, underwriting, marketing, negotiating and portfolio management.

Since joining Surmount, James has assisted with closing over 300 properties with an aggregate value of over $850 million, including over 80 closed transactions with a total transaction volume of $200 million in 2022.

Prior to working full time with Surmount, James interned with NNN Pro, where he developed extensive knowledge throughout various aspects of net lease including understanding inherent real estate value, market conditions, tenant/credit underwriting and site-level performance metrics and lease economics.
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James's

Featured Listings

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  • Just Listed
    $6,700,000
    Cap Rate: 7.25%
    Golfinity - Austin, Texas
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  • Available
    $5,255,403
    Cap Rate: 5.65%
    7-Eleven - Akron, Ohio
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  • Available
    $650,000
    Vacant - Independence, Missouri
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  • Available
    $672,425
    Vacant - Grafton, Massachusetts
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  • Available
    $5,647,000
    Cap Rate: 7.00%
    Hawaiian Bros - Saint Joseph, Missouri
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  • Available
    $3,552,920
    Cap Rate: 6.85%
    ConvenientMD - Falmouth, Massachusetts
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  • Available
    $3,762,288
    Cap Rate: 6.25%
    Maverik - Stillwater, Oklahoma
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  • Available
    $2,900,000
    Cap Rate: 5.00%
    Chase Bank - Boston, Massachusetts
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  • Available
    $2,318,000
    Cap Rate: 5.50%
    Wendy's - Silver City, New Mexico
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  • Available
    $6,750,000
    Cap Rate: 6.45%
    Flagship Car Wash - Horsham, Pennsylvania
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  • Available
    $6,750,000
    Cap Rate: 6.35%
    Flagship Car Wash - Brooklawn, New Jersey
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  • Available
    $6,750,000
    Cap Rate: 6.35%
    Flagship Car Wash - Trooper, Pennsylvania
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  • Available
    $3,740,351
    Cap Rate: 6.00%
    Whistle Express - Muncie, Indiana
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  • Available
    $4,164,817
    Cap Rate: 6.00%
    Whistle Express - Fremont, Ohio
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  • Available
    $2,951,635
    Cap Rate: 5.75%
    Whistle Express - Findlay, Ohio
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  • Available
    $2,142,857
    Cap Rate: 7.00%
    Urban Xpress Wash - Ewing Township, New Jersey
    View OM
  • Available
    $2,898,217
    Cap Rate: 6.00%
    Zaxby's - Chattanooga, Tennessee
    View OM
  • Available
    $2,898,217
    Cap Rate: 6.00%
    Zaxby's - Chattanooga, Tennessee
    View OM
  • Available
    $1,966,457
    Cap Rate: 6.35%
    Popeyes - Jonesboro, Louisiana
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  • Available
    $1,834,756
    Cap Rate: 6.75%
    Popeyes - Dothan, Alabama
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  • Available
    $4,600,391
    Cap Rate: 5.75%
    Whistle Express - Millington, Tennessee
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  • Available
    $1,829,333
    Cap Rate: 6.75%
    Popeyes - Natchitoches, Louisiana
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  • Available
    $2,141,538
    Cap Rate: 6.50%
    Popeyes - Minden, Louisiana
    View OM
  • Available
    $1,746,929
    Cap Rate: 6.35%
    Popeyes - Enterprise, Alabama
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  • Available
    $2,241,481
    Cap Rate: 6.75%
    Popeyes - Dothan, Alabama
    View OM
  • Available
    $1,851,852
    Cap Rate: 6.75%
    Popeyes - Natchitoches, Louisiana
    View OM
  • Available
    $3,195,987
    Cap Rate: 5.75%
    Whistle Express - Sherwood, Arkansas
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  • Available
    $5,808,063
    Cap Rate: 6.00%
    Whistle Express - Columbus, Ohio
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  • Available
    $4,746,228
    Cap Rate: 5.75%
    Whistle Express - Cordova, Tennessee
    View OM
  • Available
    $3,513,904
    Cap Rate: 6.00%
    Whistle Express - Statesboro, Georgia
    View OM
  • Available
    $5,034,958
    Cap Rate: 5.30%
    7-Eleven - Strongsville, Ohio
    View OM
  • Available
    $5,116,627
    Cap Rate: 5.70%
    7-Eleven - Chagrin Falls, Ohio
    View OM
  • Available
    $2,769,141
    Cap Rate: 5.70%
    7-Eleven - Willoughby Hills, Ohio
    View OM
  • Available
    $3,476,040
    Cap Rate: 5.00%
    Panera Bread - Richmond, Virginia
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James's

Journal

  • Brokerage
    Maximizing Your Car Wash Real Estate Portfolio: Why Now is the Perfect Time
    In the fast-paced and competitive world of car wash operations, staying ahead of the curve often means strategically managing your real estate portfolio. The current market conditions present a unique opportunity for car wash operators to maximize the value of their properties. Here’s why now is an opportune time to review your real estate holdings and consider taking action.
  • Advisory
    Brokerage
    A Certain Strategy for Uncertain Times: Why Sale Leaseback Financing as a Tool for Car Wash Businesses May Be More Relevant Now Than Ever
    Within the past year there have been significant transformations in the car wash development and sale leaseback markets due to the changing macroeconomic environment. Specifically in the last 3-6 months, the landscape has experienced notable shifts.
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