Tucson, Arizona - Our Net Lease Properties data comes from the southwestern region of the United States, today. One of best Credit Tenants for Net Lease Investments, Walgreen's is in our sights today. A Triple Net Leased Property sold in Tucson, Arizona. This "NNN" Triple Net Leased Property was purchased by 7201 S Figuerola, LLC. The NNN Investment Property is located at 7111 E. Golf Links Rd. in Tucson. The Seller of the Triple Net Leased Property was Royal Investors Group. Royal Investors Group received $5 Million, or roughly $324 per square foot for this "NNN" Triple Net Leased Property.
We believe that "NNN" triple net lease properties are most desired. A NNN Investment Property with No Landlord responsibilities whatsoever is one of the fastest growing products for Investment Property Portfolios. This Tucson NNN Investment Property is a 15,413-square-foot single-story retail building leased to Walgreens. The Triple Net Lease Property was built in 2008. This Net Lease Investment is situated in the Desert Square Shopping Center. The Desert Square Retail Shopping Center is on the Northeast corner of Golf Links & Kolb Road. This Retail Shopping Center, Desert Square is very well-located on Tucson's southeast side. There are currently several great spaces available in a variety of sizes. This is a great opportunity for a retailer to lease property in a very high trafficked area.
Our Investment Property Search revealed another "NNN" Triple Net Leased Property in the Tucson area. We were a little late as it is under contract. This Net Lease Investment is a freestanding absolute "NNN" single-tenant Walgreen's property. This Triple Net Leased Property is also located in Tuscon, Arizona. This Triple Net Leased Property is a new Walgreens with a corporate, NNN lease. Walgreens (NYSE: WAG) is rated A+ by Standard & Poor' s.
Some additional aspects for this Net Lease Investment is that it is an outparcel to Target Greatland. This "NNN" Triple Net Leased Property is surrounded by dense residential development as well as a strong mix of national retail Tenants. These Net Lease Tenants include Pier One, Fry's, Ross, Bed Bath & Beyond, Office Max, Petco, Dress Barn, Subway and Starbucks.
If you are in position to get into a sale-leaseback with your Publix Net Leased Properties, Walgreen's Net Leased Properties, McDonald's Net Leased Properties or other "NNN" Triple Net Lease Properties, CONTACT US HERE. We have a list of Investors desiring to purchase Investment Property with a sale-leaseback of Investment Grade Credit Tenants.
We specialize in providing Triple Net Lease Properties to investors who are involved in a 1031 exchange.
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