These two deals are symbolic of the two types of transactions happening today. The purchaser of the TGI Friday's location, AMSTIN, LLC, is a private investor focused primarily on the quality of the underlying commercial real estate. The second transaction with the Walgreen's, was purchased by FQWG, LLC. They purchased the Triple Net Walgreen's completely based on the creditworthiness of the tenant, allowing the buyer to utilize a CTL loan.
CTL or Credit Tenant Lease loans became a popular form of financing over the past year as debt proved hard to obtain. NNN Walgreens property locations have been favorable candidates, as they sign long term leases of 25 years in length and are an investment grade tenant, rated "A" by Standard and Poors. These loans are fully amortizing over the remaining term of the lease with a Loan to Value ratio often in the 90% range.
If you are interested in purchasing a Triple Net Lease Property or if you need a Non Recourse Loan, contact us. We have sources for excellent financing on Multi-Family Properties also.
Commercial Real Estate
11420 U.S. Highway 1
North Palm Beach, FL 33408
Net Lease Properties & Commercial LoansContact us HERE. for a solid recession resistant net lease investment. We can assist you with your search for Net Lease Property Investments. Also contact us to sell your existing Net Lease Properties portfolio.
Here are some of the Retail Single Tenants that may be available as a Net Lease Investment or Triple Net Lease Property:
•AutoZone Net Leased Properties
•Burger King Net Leased Properties
•Costco Net Leased Properties
•CVS Net Lease Investments
•FedEx Net Leased Properties (Federal Express Net Leased Properties)
•Home Depot Net Leased Properties
•Kohl’s Net Leased Properties
•Kroger Net Leased Properties
•Lowe’s Net Leased Properties
•McDonald’s Net Leased Properties
•Oreilly’s Net Leased Properties
•Publix Net Leased Properties
•Safeway Net Leased Properties
•Staples Net Leased Properties
•Steak n' Shake Net Leased Properties
•Target Net Leased Properties
•Walgreens Net Leased Properties
•Wal-Mart Net Leased Properties
•Wendy's Net Leased Properties
If you are considering purchasing Commercial Real Estate or a Triple Net Leased Property, you can apply for CTL Financing, Non Recourse Loans and Commercial Loans at Loanrise.com.