Alexandria, Virginia - Our Net Lease Properties news is on an Investment Property Portfolio. We found six net leased properties with the Credit Tenant of Walgreen's have sold. The latest net lease investment to sell was the Alexandria, Virginia deal that sold at approximately $10.6 million. NNN Commercial Real Estate Brokers put together the deal for this 14,469-square foot net lease property. This net lease investment houses a 24-hour Walgreen's drugstore in Alexandria, not far from Washington D.C. The net lease property sales price came to about $731 per square foot. There continues to be an increased demand for well located and stable retail NNN Lease Investments especially for 1031 Exchange solutions.
The Seller of this net lease property was PACE-Beacon Hill LLC. The Buyer of the net leased properties was a New York-based private investor. This net lease property and five others represented a nice Investment Property Portfolio in the Washington, D.C., metropolitan area. We are seeing single-tenant, net leased properties with national credit tenants are the most desired investments. These triple net lease properties are sought after by high-net worth commercial real estate investors and well-funded REITs for acquisitions. We read that one of the net leased properties in Alexandria, with Walgreen's, sold for more than the listing price.
The triple net lease properties are:
• 6717 Richmond Highway in Alexandria, Va.: 14,469 square foot net leased property; $10,575,000 or $731 per square foot
• Boswell Avenue and Richmond Highway in Alexandria, Va.: 14,469 square foot net leased property; $7,900,000 or $546 per square foot
• 5585 Twin Knolls Road in Columbia, Md.: 14,820 square foot net leased property; $6,071,428 or $410 per square foot
• 326-328 Amherst St. in Winchester, Va.: 13,200 square foot net leased property; $5,863,013 or $444 per square foot
• 6400 Hoadly Road, Manassas, Va.: 14,550 square foot net leased property; $7,600,000 or $522 per square foot
• 498 Ritchie Highway, Severna Park, Md.; 14,784 square foot net leased property; $9,532,087 or $645 per square foot
One major factor for the expedited sales of triple net lease properties are Washington, D.C.’s healthy employment market. It helps make it one of the top-performing retail net leased property markets in the country. NNN Commercial Real Estate Investors are especially focused on the single-tenant net-leased sector. Alexandria is approximately 5 miles south of the Airport, Ronald Reagan Washington National, located at 2605 S Clark Street in Arlington.
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 Investments. Also contact us to sell your existing Net Lease Properties or a 1031 Exchange Property.
Here are some net lease properties that may be available:
Bimbo Bakery Distribution Centers
FedEx Freight Distribution Centers
Flowers Foods Net Lease Properties
Best Buy Net Lease Properties
Big 5 Sporting Goods Net Lease Properties
Burger King Net Lease Properties
CVS Pharmacy Net Lease Properties
Dollar General Net Lease Properties
Family Dollar Net Lease Properties
hhgregg Net Lease Properties
Little Caesars Pizza Net Lease Properties
Office Depot Net Lease Properties
PetSmart Net Lease Properties
Pet Supermarket Net Lease Properties
Sherwin Williams Net Lease Properties
Starbucks Coffee Net Lease Properties
Tractor Supply Company Net Lease Properties
If you need financing for Commercial Real Estate or a "NNN" Triple Net Leased Property, you can apply for CTL Financing, Non Recourse Loans and Commercial Loans at Loanrise.com.
Bookmark & Share
