Featured Distressed Commercial Real Estate & NNN Properties


Distressed Commercial Properties – Commercial Real Estate over $1.000,000
Great deals on Select Florida Distressed Commercial Properties.
Distressed Commercial Real Estate can be obtained at 20% of Original Sales Price.
Contact Professional Distressed Property Consultants by Clicking the Picture

NNN-Commercial-Real-Estate-distressed-commercial-properties-for-sale

Friday, February 12, 2010

Lincoln Theater in Miami Beach has sold to Investors

News from Net Lease Properties


The historic Lincoln Theatre has been sold to a partnership led by Miami-based Savitar Realty Advisors.

The 38,000-square-foot mixed-use property, located on the Lincoln Road pedestrian mall, will likely be converted into retail stores. Triple Net Lease Properties of Florida, has had it's eye on this location to pounce on a deal.

The property consists of administrative offices, practice rooms and a 704-seat performance theater that has been occupied by The New World Symphony as its headquarters for the past 20 years.
“Lincoln Road is in the midst of a renaissance, and this space is in a fantastic location.

Originally built in the 1930s as a movie house, the Lincoln Theatre is positioned in the protected art-deco architectural district of Miami Beach and is listed as a protected historic site under the National Register of Historic Places. Located at 541 Lincoln Road, the property consists of administrative offices, practice rooms and a 704-seat performance theater that has been occupied by the New World Symphony as its headquarters for the past 20 years.

There was no mention of the sales price for this transaction.

Net Lease Funding & Search For Commercial Real Estate


If you feel this is the right time to invest in Commercial Real Estate, Multi-Family Apartment Buildings, or Triple Net Lease Properties then contact us, HERE. We can also assist you with your Commercial Real Estate Mortgage and Net Lease Funding to purchase a new property.