Farmington Hills, Michigan - Today we have Net Lease Properties information on Agree Realty Corporation. Agree Realty Corporation is on the right path again as they purchase a net leased property with Lowe's as Tenant. Lowe's is a great Tenant for any Triple Net Lease Properties acquisition. Agree Realty Corporation purchased a property ground leased on a long-term basis to Lowe's. The net leased property is on a 14.4 acre parcel. The net lease investment is located at the intersection of Concord Mills Boulevard and Derita Road in Concord, North Carolina.
The Lowe's at 8670 Concord Mills Boulevard is a prototypical Lowe's Home Improvement store. The purchase price of this net leased property was approximately $9,900,000. As far as the lease is concerned, Lowe's has 18 years remaining on the base term of the ground lease. The net lease site is across the street from the Concord Mills Mall. That Retail Shopping Center attracts millions of visitors per year and is the largest tourist attraction in North Carolina.
Agree Realty Corporation is very pleased to add that Net Lease Property to their expanding Investment Property Portfolio. Their Investment Property Portfolio has some highly desired net lease properties. This asset combines three fundamental elements that they look for when acquiring net lease properties: superior real estate, a high-credit national retailer and a long-term leasehold interest.
Agree Realty is involved in the ownership, management and development of Commercial Properties. The majority of their Investment Property Portfolio are primarily Net Lease Properties. These Net Lease Investments are made up of single tenant properties leased to major retail tenants and neighborhood community shopping centers. Agree Realty owns and operates an Investment Property Portfolio of 78 commercial properties. These Commercial Properties are located in 16 states and containing 3.5 million square feet of leasable space.
This Net Lease Property is not far from the Charlotte Motor Speedway. The Charlotte Motor Speedway is located at 5555 Concord Parkway in Concord, North Carolina. This is NASCAR Country with Lowe's as the top sponsor for Jimmie Johnson. Jimmie Johnson's recently won his fifth straight Sprint Cup championship aboard the Lowe’s Chevy of Hendrick Motorsports.
They have a Tour called, "Feel the Thrill" at Charlotte Motor Speedway. It has been enhanced to provide you with an opportunity to see areas of the legendary super-speedway that are not accessible to fans on race days. This way NASCAR Fans can learn the storied history of “The Greatest Place to See the Race”. This exciting tour lasts nearly an hour and allows fans to experience the extreme 24-degree banking in the turns when the tour van takes a lap around the 1.5-mile track. You will also get to see the NASCAR Sprint Cup Series and NASCAR Nationwide Series garages located in the infield. You can ride down pit road and stop for a picture in Victory Circle.
Triple 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 Properties. 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:
- 24 Hour Fitness Net Lease Investments
- 7-Eleven Net Lease Investments
- Advance Auto Net Lease Investments
- Ahold Net Lease Investments
- Applebees Net Lease Investments
- Arbys Net Lease Investments
- AutoZone Net Lease Investments
- Burger King Net Lease Investments
- Chick-fil-a
- Costco Net Lease Investments
- CVS Net Lease Investments
- Delhaize Net Lease Investments
- Dollar General Net Lease Investments
- Dollar Tree Net Lease Investments
- Dunkin Donuts Net Lease Investments
- FedEx Net Lease Investments
- GoodYear Net Lease Investments
- hhgregg, Inc. Net Lease Investments
- Home Depot Net Lease Investments
- KFC Net Lease Investments
- Kohl's Net Lease Investments
- Kroger Net Lease Investments
- Lowe's Net Lease Investments
- McDonald's Net Lease Investments
- O'Reillys Net Lease Investments
- Panera Bread Net Lease Investments
- Pep Boys Net Lease Investments
- Publix Net Lease Investments
- Rite Aid Net Lease Investments
- Safeway Net Lease Investments
- Shell Oil Net Lease Investments
- Staples Net Lease Investments
- Steak-n-Shake Net Lease Investments
- Taco Bell Net Lease Investments
- Target Net Lease Investments
- Verizon Net Lease Investments
- Walgreen's Net Lease Investments
- WalMart Net Lease Investments
- Wendy's Net Lease Investments
If you are ready to purchase Commercial Real Estate or a Triple Net Leased Property, you can apply for CTL Financing, Non Recourse Loans and Commercial Loans at Loanrise.com.
