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Thursday, September 30, 2010

"NNN" Triple Net Lease Property Sold for $4.4 Million

Holden Beach, North Carolina - Net Lease Properties information is coming from North Carolina, regarding a "NNN" Triple Net Lease Property. A net leased investment brokerage firm helped procure the sale of a single tenant net leased property, leased to Walgreen’s. This "NNN" Triple Net Lease Property sold for $4,402,600. The Investment Property is located in Holden Beach, NC.

The Investment Property building size is approximately 14,820 square feet. Also this "NNN" Triple Net Property is leased, 100%, to Walgreen’s for the next 24 years. The Investment Property is an absolute triple net lease property with no landlord responsibilities. Currently, Walgreens is an excellent Tenant which has a Standard and Poors credit rating of A. The seller of this absolute NNN Investment Property was a North Carolina developer and the buyer was a Chicago based private investor in a 1033 exchange.

While investing in Commercial Property, the desirability of investment grade rated, single tenant properties are still a highly desired investment. Net Lease Investments are in high demand and are a great source for Investors active with a 1031 exchange and 1033 exchange.

This Net Lease Property has an address of 1138 Sabbath Home Road, Holden Beach, NC 28462. Some map sources show this Net Lease Property address as Supply, North Carolina. This NNN Property is situated on an outparcel of a Food Lion anchored shopping center located in Holden Beach at the intersection of Ocean View Avenue and Sabbath Home Road. This Investment Property has a Lot size of approximately 1.65 Acres.

Holden Beach is a part of a barrier island chain located along the southeastern coast of North Carolina. This is a unique chain of islands that have south facing beaches. Ideally located about 30 minutes north of Myrtle Beach, South Carolina. This Investment Property is about 30 minutes south of Wilmington, NC. This area is blessed with temperate weather, beautiful rivers, the Intracoastal Waterway, and the Atlantic Ocean.

Net Lease Properties & Commercial Loans

CONTACT 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.


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