This Industrial Property sold for $1.5 million in a 1031 exchange, with the tire company remaining as the tenant leasing the property.
This Industrial Property was recently holding an asking price of $1.7 million. The Industrial property is 20,000-square-foot and occupies 2.47 acres. The single-story industrial building was completed in 1999.
There are plenty of benefits of Net Lease Investments such as using a 1031 tax deferred exchange. Unlike other investments, commercial real estate is a great tax saver and helps you eradicate capital gains tax by using the 1031 tax deferred exchange.
A brief description of a 1031 exchange is that a 1031 allows commercial real estate owners to exchange properties of equal or greater value. The Commercial Real Estate Investors can the defer capital gains tax, if the 1031-exchange is performed properly. The tax is paid when the commercial property is sold in a standard sale.
Net Lease Properties
If a Net Lease Property is of interest to you then contact us, HERE. We can assist you with your search for Net Lease Property Investments.Triple Net Lease Properties are an ideal debt replacement Vehicle for 1031 Investors.
Here are some of the Retail Single Tenants that may be available as a Net Lease Investment or Triple Net Lease Property:
•AutoZone Net Lease Investment
•Burger King Net Lease Investment
•Costco Net Lease Investment
•CVS Net Lease Investment
•FedEx Net Lease Investment (Federal Express Net Lease Investment)
•Home Depot Net Lease Investment
•Kohl’s Net Lease Investment
•Kroger Net Lease Investment
•Lowe’s Net Lease Investment
•McDonald’s Net Lease Investment
•Oreilly’s Net Lease Investment
•Publix Net Lease Investment
•Safeway Net Lease Investment
•Staples Net Lease Investment
•Steak n' Shake Net Lease Investment
•Target Net Lease Investment
•Walgreens Net Lease Investment
•Wal-Mart Net Lease Investment
•Wendy's Net Lease Investment
If you are considering purchasing Commercial Real Estate or a Triple Net Leased Property, you can apply for CTL Financing with Loanrise.com. Loanrise.com can also help with Mezzanine Loans. Mezzanine Financing and Non Recourse Loans are available through Commercial Loans at Loanrise.com.
