Featured Distressed Commercial Real Estate & NNN Properties


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Wednesday, March 30, 2011

CVS Triple Net Leased Property Sold

Pennsylvania-triple-net-lease-properties
Philadelphia, Pennsylvania – Our Net Lease Properties news today is on a quality net lease Tenant, CVS. Many of our Net Lease Properties investors are searching for a decent cap rate on a net leased property with CVS. We did find a recent sale of a CVS Net Leased Property in Philadelphia. A commercial real estate investment company, Brierwood Company, sold a NNN Lease Investment with CVS for $3,523,000 which equates to approximately $347 per square foot.

This triple net lease property is located at 8525 Frankford Avenue, in Philadelphia, with the zip code of 19114. This triple net lease property is situated in Philadelphia County. The buyer of this triple net lease property was Goodman Properties. Commercial Real Estate Brokers were marketing this fee-simple, freestanding CVS Pharmacy for approximately $3,712,999. Commercial Real Estate Brokers chose to try and get a Cap Rate of 7.75% and the closing price was close to the asking price. As of late, this is the case with NNN Lease Properties, selling at or near the asking price.

This Philadelphia NNN Lease Property currently has over nine years remaining on an initial 20-year lease with CVS Pharmacy. The single-story Philadelphia NNN Lease Property is approximately 10,119 square-feet and is 100% occupied by CVS Pharmacy.

The Philadelphia triple net lease property was built in 1999 and is situated on 0.71 of an acre with the capacity for parking 4 cars per every 1,000 square feet. The attractive part of this Philadelphia triple net lease property are rental increases every five years of the base term and into their options. The NNN Property investor might achieve up to an 8.20% cap rate when the next rental increase occurs in June 2014.

This triple net lease property was offered with an option to assume the existing Commercial Loan, which had a balance of approximately $1,736,511. The triple net lease property had a popular life insurance loan that was self-amortizing at an 8% interest rate.

The Philadelphia triple net lease property is positioned on a busy retail corridor between Strahle and Benson. This NNN Lease Investment has a close proximity to a busy I-95 exit for Academy Road and services the Holmesburg community neighborhood.

This Pennsylvania triple net lease property has CVS as the Tenant with Standard and Poor's BBB+ Rating. The NNN Lease Investment benefits from the premier location in Northeast Philadelphia with traffic counts that currently exceed 25,000 VPD (cars per day). The NNN Property is within 5 miles from over 440,000 residents.

The NNN Lease Property buyer, Goodman Properties, is a Commercial Real Estate Development and Management Company. Goodman Properties was started in 1985 by Bruce Goodman, the commercial real estate developer. Currently the Commercial Real Estate Company has developed and owns more than 123 properties, and they continue to manage all of them. Over the past 24 years, Goodman Properties has become one of the Delaware Valley's premier retail commercial real estate developers.

The Commercial Real Estate Company started out by focusing on smaller-scale strip retail shopping centers. The Commercial Real Estate Company has now become a major developer of specialty stores for NNN Commercial Real Estate retailers such as CVS Pharmacy, Walgreen's Pharmacy, Barnes & Noble and Staples.

Currently Goodman Properties' has an Investment Property portfolio which contains more than 4.0 million square feet of diverse retail commercial space with excellent net leases. This Investment Property portfolio consists of both stand-alone properties and large power centers occupied by excellent retailers such as Target, Wal-Mart, Sam's Club, Kohl's, Toys 'R Us, Dick's Sporting Goods, Staples, Best Buy, Barnes & Noble, Safeway Grocery Stores, Starbucks Coffee, Costco, Regal Entertainment Group, and many more exclusive Tenants. The net lease properties buyer and developer, Goodman Properties is very proud of their relationships it has built with their net lease tenants. They currently have approximately 300 net lease property Tenants.

Contact Net Lease Properties to purchase NNN Property.

Contact Us for:
Triple Net Lease Properties
New Development for National Tenants
Investment Property For Sale
Net Leased Properties
1031 Exchange Property Solutions
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Monday, March 28, 2011

Net Lease Properties in $625 Million Transaction

Virginia-Net-Lease-Properties-sale-leaseback
Chicago, Illinois - The Net Lease Properties information today is on an Investment Property Portfolio sale. A Chicago-based commercial real estate company, Equity Capital Management, is disposing of 39 net lease properties for about $625 million. These net lease properties are scattered across 22 States for a wide variety of investments. These net lease properties include the sale of the headquarters of Solae Co. and Novus International Inc., which are positioned in St. Louis.

Equity Capital Management, LLC (ECM) is a principal-oriented investment firm which is based in Chicago, Illinois. This commercial real estate company has offices and some affiliates in New York, St. Louis, and Bern (Switzerland). This commercial real estate company seeks investment opportunities in the commercial net lease properties markets. This commercial real estate company, ECM, believe that the supply and demand factors have created strong prospects for current income properties and premier risk-adjusted returns on investment property.

This Chicago-based commercial real estate company, Equity Capital Management, LLC strives to acquire exclusively net lease properties and sale-leaseback transactions. This $625 million sale contains single tenant office, industrial properties, and retail net lease properties which are signed up to long-term net lease agreements. The Chicago-based commercial real estate company acquires net lease properties, then make investment decisions based on various exit strategies and long-term goals not focusing on short term net lease market conditions.

Equity Capital Management, LLC, commercial real estate company, apparently has signed commitments from various types of buyers, including real estate investment trusts (REITS) and private investors. These net lease properties with net lease agreements of generally 15 years or more are highly desired right now. These stable net lease property investments can be sold and the commercial real estate company, Equity Capital Management, can load up on cash for future acquisitions.

A substantial amount of the office buildings and industrial properties which are being sold are corporate or regional headquarters. Also many of these net lease properties are significant regional or critical hub distribution centers. The net lease properties are currently controlled by ECM Diversified Income & Growth Fund and ECM Income & Growth Fund III. Also these two net lease investment Funds are sponsored by Equity Capital Management.

These two investment funds had a similar investment strategy as ECM does, seeking to acquire institutional quality, net leased properties, which are primarily leased to investment grade tenants. We are not fully aware of which net lease properties are being sold. A possible list of a few of the net lease properties could include the following:

Tenant - Property Type - City - Rentable Square Feet

MeadWestvaco net lease property - industrial Raphine, VA - 619,637
AT&T net lease property - office Tucker, GA - 406,292
FedEx net lease property - industrial Grayslake, IL - 214,745
Solae LLC net lease property - office St. Louis, MO - 171,750
Checkfree Services net lease property - office Dublin, OH - 150,000
International Paper Co. net lease property - industrial Marianna, FL - 114,595
Coca-Cola Enterprises net lease property - industrial Shreveport, LA - 100,000
Novus International net lease property - office St. Charles, MO - 90,722
T-Mobile USA net lease property - office Brownsville, TX - 78,421
T-Mobile USA net lease property - office Augusta, GA - 78,421
T-Mobile USA net lease property - office Salem, OR - 69,000

ECM's investment funds also invest in sale-leaseback commercial real estate assets that are either undervalued or when researched, show strong potential for value creation in the near future. These Net Lease Investments are sought through through acquisitions, direct sale-leasebacks with corporations and governments. This commercial real estate company seeks deals for investment property acquisitions with entity transactions, and joint ventures with other strong operators and institutions. Their NNN commercial real estate assets generate substantial income during the property holding period and are eventually sold with the objective of producing long-term capital gains.

The NNN commercial real estate company, Equity Capital Management have had various single tenant net lease properties that may be available for a potential 1031 Exchange transaction. Some very important 1031 Exchange time-lines are the 45 day Identification Period. Any net lease property that has the possibility of being a 1031 Exchange replacement property must be identified by the investor within a 45 days from the date of sale of the relinquished property. Also remember the 180 day 1031 Exchange Period. The 1031 Exchange must be completed by the investor within 180 days after the sale of the relinquished property.

We specialize in providing Triple Net Lease Properties to investors who are involved in a 1031 exchange or a sale-leaseback transaction.

If you are ready to purchase Commercial Real Estate or a Triple Net Leased Property, you can apply for Commercial Loans at Loanrise.com.

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Friday, March 25, 2011

Naples Triple Net Leased Property for Texas Investors

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Naples, Florida - Our Net Lease Properties comes form one of the most beautiful areas in the Country, and that is Naples, Florida. A once popular Triple Net Leased Property has sold. This Triple Net Leased Property had become known to be placed in the distressed net lease property category. This net lease property is called the "Collection at Vanderbilt" and now has new NNN commercial real estate investors to attempt to bring those retail shopping center back to prosperity.

Woolbright Development had developed this Naples retail shopping center back in 2006 with further work being done until 2009. The Boca Raton-based Woolbright Development did a fine job with the Collection at Vanderbilt, which is an upscale retail shopping center that is approximately 253,979-square-feet. This Triple Net Leased Property was developed to be anchored by The Fresh Market grocery store. Woolbright Development jumped in the Naples NNN commercial real estate market with this property and started with a list of excellent tenants. Woolbright Development had acquired the 30-acre property from David Hocker & Associates with plans for the upscale grocery-anchored retail shopping center.

One of the reasons this Triple Net Leased Property probably sold was a foreclosure judgment. A Commercial Loan in the amount of approximately $53.7 million was a problem for the NNN Commercial Real Estate Owners. Apparently the judgment on the Triple Net Leased Property was sold for an amount that we are unaware of, to The Shoppes at Vanderbilt, LLC. The Naples Triple Net Leased Property was then transferred to The Shoppes at Vanderbilt, LLC through a recent foreclosure sale. A certificate of title for this Triple Net Leased Property was received by the Investors on March 18, 2011.

The blueprint started to fail with The Fresh Market, a North Carolina-based grocer, pulled out of its net lease because of construction delays at the Triple Net Leased Property. The NNN Commercial Real Estate Owners tried to nail down Ada’s Natural Foods Market to take Fresh Market’s place, however problems arose and that lease failed. The NNN Commercial Real Estate Owners struggled to sign net lease property tenants and to keep the ones that were in place. The retail shopping center was only about 33% leased at the time of acquisition.

The value-added Property, Collection at Vanderbilt should now be able to feature a mix of upscale national and local retailers, an Restaurants. The NNN Commercial Real Estate Owners have plans for the property with additions and improvements to landscaping and signage. They also will start to market a lease up campaign and to complete the interiors of vacant space in the Triple Net Leased Property. The largest Tenant at this The Triple Net Leased Property is currently Lifestyle Family Fitness. The Naples value-added Property has nine mixed-use buildings, retail net lease space and office space available for net leases.

The Triple Net Leased Property was designed by architect Marc Wiener from the Boca Raton, Florida area. The Collection at Vanderbilt has a beautiful Mediterranean-style design with an open layout, features large walkways creating a pedestrian friendly retail shopping center. The Triple Net Leased Property also has been uniquely designed for Restaurants with comfortable outdoor seating areas. The Triple Net Leased Property has an excellent location on the northwest corner of Vanderbilt Beach Road and Airport Pulling Road. This North Naples location for the Triple Net Leased Property has a close proximity to two Ritz-Carlton Golf Resorts.

The new NNN Commercial Real Estate Owners from Texas own second homes in the beautiful Naples area. The Texas partnership also acquired the two outparcels which are on Vanderbilt Beach Road and Airport-Pulling Road. The NNN Commercial Real Estate Owners from Texas now own 29.6 acres in Naples. This was the seventh commercial property acquisition for this Texas partnership.

The NNN Commercial Real Estate is positioned in the affluent Naples town, with an average household income of approximately $102,957 within a 5 mile radius. This sizable income is almost twice the national average. The Triple Net Leased Property also benefits form being situated in close proximity to the spectacular Greg Norman's Tiburon Golf Community and Pelican Marsh Community. This NNN Commercial Real Estate development is perfect for net lease Tenants with upscale boutiques, fine restaurants, and specialty shops.

Contact Net Lease Properties to purchase NNN Property or for 1031 exchange replacement property.

Some NNN Properties examples:
• Arby's NNN Ground Lease
• Burger King NNN Ground Lease
• Carl Jr's NNN Ground Lease
• Checkers NNN Ground Lease
• Chick-Fil-A NNN Ground Lease
• Chipotle NNN Ground Lease
• Dunkin Donuts' & Baskin Robbins NNN Ground Lease
• El Pollo Loco NNN Ground Lease
• Jack in the Box NNN Ground Lease
• KFC NNN Ground Lease
• Long John Silvers NNN Ground Lease
• McDonald's NNN Ground Lease
• Panda Express NNN Ground Lease
• PDQ NNN Ground Lease
• Pizza Hut NNN Ground Lease
• Portillo's Hot Dogs NNN Ground Lease
• Rally's NNN Ground Lease
• Sonic Drive In NNN Ground Lease
• Starbucks NNN Ground Lease
• Steak N' Shake NNN Ground Lease
• Taco Bell NNN Ground Lease
• Tim Hortons NNN Ground Lease
• Wendy's NNN Ground Lease
• White Castle NNN Ground Lease

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Tuesday, March 22, 2011

Best Buy and PetSmart Net Leased Properties in Texas

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Dallas, Texas - The Net Lease Properties information today is from The Big D area, Dallas, Texas. The Waxahachie Crossing Retail Shopping Center in Waxahachie, Texas has sold for $15.5 million. Inland Real Estate Acquisitions Inc. purchased this net leased property for approximately $160 per square foot. Inland Real Estate Acquisitions, Inc. purchased this net leased property with an agreement for Inland Diversified Real Estate Trust, Incorporated.

This triple net lease property sits in Waxahachie which is approximately 27 miles South of Dallas. This triple net leased property is part of the Dallas MSA (metropolitan statistical area). The triple net lease property is situated off Highway 77 with approximately 29,000 cpd (cars per day) and Highway 287 with approximately 39,711 cpd (cars per day). The net leased property in Waxahachie which is the county seat of Ellis County. We do not have information on the Commercial Loans on this NNN Lease Investment acquisition.

This Texas net leased property is an approximately 96,979-square-foot retail shopping center with high quality Tenants. The net leased property, Waxahachie Crossing shopping center, is anchored by Best Buy, Ross Dress For Less and PetSmart. The net leased property is fairly new as it was built in 2009. Some other NNN Lease Properties tenants on this deal include Famous Footwear, Maurices and an AT&T cellular store. The Texas Retail Shopping Center is approximately 97% leased. The net leased property has shadow-anchored properties which are Home Depot and a JC Penney, however they were not included in this NNN Lease Investment acquisition.

Waxahachie Crossing shopping center has triple-net leases with the superb tenants and those Tenants pay their own taxes, insurance and common area maintenance. The Waxahachie Crossing shopping center Anchor tenants have newly inked 10-year NNN leases. Some of the other net leased property tenants are on five-year original term leases.

The net leased property, Waxahachie Crossing, should continue to prosper as this area has an excellent industrial and distribution job base. Also NNN Lease Investments in the area are near a Walgreen’s distribution center and major facilities for Owens Corning, Dart Transit, Baylor Medical and U.S. Aluminum.

In the immediate area is the Waxahachie Towne Center located on 1450 US Highway 77 North. This retail power center has Target, Lowe’s and Belk. The net lease properties are surrounded by various national restaurant chains. Waxahachie Towne Center is a large net leased property that is approximately 405,779 square feet. The net leased property, Waxahachie Towne Center currently offers probably the strongest regional draw in Texas retail sub-market.

The Waxahachie Towne Center, Texas Retail Shopping Center,, also consists of other fine net lease tenants such as Mattress Giant, Fantastic Sams, Marble Slab Creamery, Anytime Fitness, CiCi's Pizza, Wing Stop, Sally Beauty Supply, and Radio Shack. Also this Waxahachie Towne Center Power Center has pad sites bringing in traffic which are Chili's, Olive Garden Italian Restaurant, Long John Silver's, A&W, Chick-fil-A, Johnny Carino's, Panda Express, and Fire Mountain. This Texas Net Leased Property owns one of the most visible and accessible retail locations in Dallas submarket.

The net leased property Buyer, Inland Real Estate Acquisitions, Inc. is the purchasing arm for various entities which are a part of The Inland Real Estate Group of Companies, Inc. (“Inland”). Inland Real Estate Acquisitions has a corporate headquarters in Oak Brook, Illinois. Inland Real Estate Acquisitions, Inc. has been ranked one of the largest net leased retail shopping center owners in North America. Inland Real Estate Acquisitions also is one of the top managers of retail net leased properties in the United States. Recent reports in 2010 showed that Inland Real Estate Acquisitions owned and managed in total more than 123.2 million square feet of NNN commercial real estate, spread out in 47 states.

Inland Diversified Real Estate Trust, Inc. is currently a public, non-listed commercial real estate investment trust (REIT). This real estate investment trust has an investment strategy that seeks to acquire and develop NNN commercial real estate located in the United States and Canada. The Oak Brook, Illinois-based real estate investment trust also seeks potential acquisition opportunities of other REITs or commercial real estate operating companies.

Contact Net Lease Properties to purchase NNN Property or for 1031 exchange replacement property.

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lowes-net-leased-properties-Texas


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Friday, March 18, 2011

Applebee's Triple Net Lease Properties in Minnesota

NNN-Lease-Investment-Minnesota-Applebees

Minneapolis, Minnesota - The Net Lease Properties news for this afternoon is on an investment property portfolio. This investment property portfolio is a combination of four triple net lease properties in Minnesota. The triple net lease properties have a prominent net lease property tenant and that happens to be Applebee's restaurants.

These triple net lease properties were acquired by a heavyweight in the Net Lease Property world. The NNN Commercial Real Estate Investor is the Rochester, New York-based Broadstone Net Lease, Incorporated. These triple net lease properties were purchased for a total price of $10.2 Million. These Applebee's NNN lease properties are located in the fine state of Minnesota.

Three of the NNN lease properties are situated in the greater Minneapolis business district, the Twin Cities area. These towns are suburban areas known as Inver Grove Heights, Maple Grove and St. Paul. The fourth absolute triple net lease property sits in Mankato, Minnesota. Mankato is approximately 81 Miles southwest of Minneapolis, Minnesota. Mankato has had a increase in their growth rate that was over 20% in recent reports. Obviously this growth trend is beneficial for investors of triple net lease properties. We do not have information on the Commercial Loans on the NNN Lease Investments.

We have information on the Inver Grove Heights triple net lease property. This is a fairly new property with an Absolute NNN Lease. This NNN Lease Property with Applebee's is emplaced at an off-ramp of US Highway 52, which is approximately a .5 mile south of the intersection with I-494. This NNN Lease Investment is a building that is approximately 5,179 square feet at 5855 Blaine Avenue, in Inver Grove Heights, with 55076 as the zip code. The NNN Lease Investment is positioned on an elevated pad to American Lodge & Suites. The triple net lease property uses approximately 65,057 square feet of Minnesota commercial land. This location is across the from a retail shopping center with tenants including Wells Fargo Bank, and Baja Sol Cantina. Also this NNN Lease Investment is across from another highly desired net lease property Tenant, Caribou Coffee.

This NNN Lease Investment will prosper form being placed in this newly developed area, which is becoming a primary retail shopping destination for this area. The triple net lease property is conveniently located five minutes from exciting downtown St. Paul, and about 10 minutes from the world famous Mall of America. The NNN Lease Investment is only a few minute from the International Minneapolis - St.Paul International Airport. Also, the NNN Commercial Real Estate Investor benefits from being approximately only 20 minutes from trendy downtown Minneapolis. This area has experienced a noteworthy amount commercial real estate development recently, with the arrival of several restaurants, and a fine hotel. Also a commercial real estate development for entertainment was completed with a 16-screen movie theater.

One of the other triple net lease properties is located at 14400 Weaver Lake Road, in Maple Grove, with the zip code of 55311. This Absolute NNN Lease Property consists of a building that is approximately 5,579 square feet sitting on about 72,616 square feet on Minnesota commercial property. This NNN Lease Property with Applebee's is positioned on a major off-ramp of Interstate 94.

The NNN Commercial Real Estate Investor will benefit as Maple Grove has a population of about 61,112 and sits on the outskirts of the Twin Cities metropolitan area. Maple Grove has also grown as recent reports has mentioned it as one of the fastest growing cities in Minnesota. These are magical words for triple net lease properties investors.

The triple net lease properties have approximately 17 years on the net leases and operated by Apple American Group, LLC. This net lease property Tenant, Apple American Group, is currently the largest Applebee's franchisee in the country. This net lease property Tenant operates over 266 Applebee's Neighborhood Bar and Grills, which are spread out in 11 states.

Broadstone Net Lease, Inc. is a private Commercial Real Estate Investment Trust (REIT) that invests in freestanding, single-tenant, net-leased properties located throughout the United States. Broadstone Net Lease, Inc. now holds a diversified portfolio of medical office buildings (MOB), restaurant, net leased convenience stores, specialty office and distribution centers.

Broadstone Net Lease, Inc. has an Investment Property Portfolio which owns over 80 commercial properties located in 21 states in America. Broadstone Net Lease, Inc. is currently targeting net lease properties acquisitions in the $5 to $15 million range. The REIT (real estate investment trust) has most recently received certification as a Women's Business Enterprise by the Women's Business Enterprise National Council.

Contact Net Lease Properties to purchase NNN Property or for 1031 exchange replacement property.
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Wednesday, March 16, 2011

Texas Net Leased Property Lands Tenant

Texas-net-lease-properties-Industrial-Dallas

Dallas - Forth Worth, Texas - The Industrial Net Lease Properties keep hitting the news for commercial real estate investing. The latest net lease properties information involves Duke Realty Corporation. The Grand Lakes master-planned industrial park has landed a new net leased property Tenant. Duke Realty Corporation was able to sign up Keystone Automotive Industries for a portion of the Industrial Net Lease Properties in Grand Lakes.

Industrial Park For Sale

This Industrial Park is approximately 130 acres, located in the middle of Dallas and Fort Worth, Texas. The net leased property, Grand Lakes I, is approximately 755,399 square-feet of a state-of-the-art bulk warehouse facility. The Industrial net leased property is located in Grand Prairie, Texas, which is under 10 miles to the west of Dallas. Keystone Automotive Industries will have a net lease for approximately 167,999 square feet at Grand Lakes I, in the Texas industrial park. This new net lease will push the Grand Lakes industrial park to approximately 73% occupied. Keystone Automotive can keep their capital on hand rather than have to get a Commercial Loan to purchase the Texas Property.

Duke Realty Corporation is currently one of the largest commercial real estate companies in the Country. The commercial real estate firm, Duke Realty owns, manages, and develops industrial net lease properties, healthcare net lease properties, and office properties across the Country. The commercial real estate firm performs its rental operations through its subsidiary, Duke Realty Limited. The commercial real estate firm also offers services such as investment property and asset management, development, leasing and construction.

Strong Anchor Tenants

The commercial real estate firm landed a strong net lease property Tenant. Keystone Automotive offers one of the widest selections of replacement collision parts and supplies in the auto industry. This net leased property Tenant has been conducting business for over 50 years. Keystone Automotive provides an important cost-savings choice in a previously noncompetitive market, and is a heavily relied on Company for products in a slow economy. This net leased property Tenant, Keystone Automotive was purchased in 2007, by LKQ Corporation.

The Industrial Net Leased Property is at the address of 4003 Gifford Street, Grand Prairie, Texas with the zip code 75050. The Industrial net leased property opened its doors in later part of 2006. This net lease property deal will allow the Keystone Automotive to consolidate operations from two separate existing facilities in Dallas, to be at one location. This net leased property transaction provides Keystone Automotive with more square footage than the combined space of the existing locations. The net leased property Tenant, Keystone will make the move to the Texas Industrial NNN Commercial Real Estate this month.

This Texas Net Leased Property features:
• Bulk warehouse facility
• 32' clear ceiling height
• Trailer storage available
• 50' x 50' typical column spacing; 60' staging bay
• ESFR sprinkler system
• Building can be rail served by Union Pacific Railroad
• Excellent Highway access to I-30, I-35, SH 360 and Loop 12
• Triple Freeport inventory tax-exempt status; TIF District
• Tilt-up concrete exterior construction

Contact us for Net Lease Properties to purchase NNN Property or for 1031 exchange replacement property.

Featured Properties:
7-Eleven Net Lease Properties
Aaron Rents Net Lease Properties
Academy of Sports Net Lease Properties
Advance Auto Net Lease Properties
Alcoa Net Lease Properties
American Standard Net Lease Properties
Applebee's (Ground Lease) Net Lease Properties
Arby's Net Lease Properties
AutoZone Net Lease Properties
AutoZone (Ground Lease) Net Lease Properties
Bank of America Net Lease Properties
Bank of America (Ground Lease) Net Lease Properties
BB&T Net Lease Properties
Benihana Restaurant Net Lease Properties
Best Buy Net Lease Properties
BJ's Wholesale Net Lease Properties
Breuners Net Lease Properties
Bridgestone-Firestone Net Lease Properties
Carl's Jr. Net Lease Properties
Carmax Net Lease Properties
Chase Bank (Ground Lease) Net Lease Properties
Chili's (Ground Lease) Net Lease Properties
Chipotle Mexican Grill Net Lease Properties
Circle-K Net Lease Properties
Coco's Restaurant Net Lease Properties
Comcast Net Lease Properties
Comp USA Net Lease Properties
Cost Plus Net Lease Properties
Cracker Barrel (Ground Lease) Net Lease Properties
CVS Net Lease Properties
Dave & Busters Net Lease Properties
Davita Net Lease Properties
Del Taco Net Lease Properties
Denny's Net Lease Properties
Dollar General Net Lease Properties
Dollar Tree Net Lease Properties
Duckwall-ALCO Store Net Lease Properties
Family Dollar Net Lease Properties
FedEx Freight Net Lease Properties
FedEx Ground Net Lease Properties
Food 4 Less Net Lease Properties
Georgia Pacific Net Lease Properties
Gold's Gym Net Lease Properties
Goodyear Net Lease Properties
Hardee's Net Lease Properties
Harris Bank Net Lease Properties
Hy-Vee Stores Net Lease Properties
IHOP Net Lease Properties
Jack In The Box Net Lease Properties
JC Penney (ground lease) Net Lease Properties
Jewel-Osco Store Net Lease Properties
Jo-Ann Fabrics Net Lease Properties
KFC Net Lease Properties




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Monday, March 14, 2011

3 Net Lease Properties in Miami Beach Sold

Starbucks-net-leased-property-Miami-Beach

Miami Beach, Florida - We have Net Lease Properties information from the what some refer to as the 5th avenue of the South, Lincoln Road. South Beach's redevelopment ramped up in the 1990's and became the Mecca of retail shopping, dining and exploded with a vibrant nightlife. This retail shopping center is an outdoor district which is full of stores, boutiques, art galleries, and museums. This Miami area of net lease properties covers almost ten-blocks, of which seven blocks of this mall have been closed to auto traffic. The Miami Beach Net Lease Properties news involves a Joint venture (JV) with Acadia Realty Trust and Terranova Corporation.

Terranova Corporation and Acadia Realty Trust has purchased three net leased buildings, along Lincoln Road, for $52 million. These three net lease properties are 741 Lincoln Road, 600 Lincoln Road, and 723 North Lincoln Lane in Miami Beach, Florida. The net leased Tenants currently at these properties include Starbucks for your coffee fix, Geox Shoes, and the Zagat-rated restaurants Sushi Samba Dromo and Tacontento. The Terranova Corporation will manage and lease the investment property portfolio which is approximately 61,143 square feet. The investment property portfolio sold for approximately $836 per square foot.

The net lease retail area of Lincoln Road is undergoing another growth spurt which recently welcomed the opening of the New World Symphony campus. The renowned architect Frank Gehry, designed the New World Symphony campus. This extraordinary commercial real estate development seeks to become a global hub for creativity, and a laboratory for generating ideas about how music is taught, performed, and experienced. More new top net lease property Tenants include Forever 21, Danny Meyer’s Shake Shack, and Rosa Mexicana. The street of net lease properties generates some of the highest per square foot sales in Florida and thrives as one of the only 24-hour retail destinations. Rumors have another major anchor Tenant negotiating a big net lease property deal for Miami Beach's Lincoln Road.

The net lease properties seller was La Ramblas, an entity that is controlled by commercial real estate developer Craig Robins. This net lease properties portfolio also has approximately 11,997 square feet of office space. This net lease office space is available above the quality restaurants currently signed to a net lease. The net lease property transaction included $32 million in cash and the buyers assuming a $20 million Commercial Loan. That commercial mortgage will not come due until about three and a half years from the closing.

The net leased properties at Lincoln Road are benefit from being situated at one of the most successful retail streets in Florida. The tremendous day and night-time retail foot traffic fuel the net lease properties sales and businesses.

Net Lease Properties Portfolio description:
A net leased property located at 600 Lincoln Road. This net lease property contains approximately 27,711 square feet of retail and office space over two stories. The Anchor tenants include Sushi Samba and Rancho Grande.

A net leased property located at 741 Lincoln Road. This net lease property is approximately 14,799 square feet of retail space in this building with two levels. The Anchor tenants include Starbucks, Geox Shoes and Miss Yip.

A net leased property that is located at 715 Lincoln Lane. The restaurant, Tacontento anchors the 18,857 square-foot property which is next to Macy's.

The Net Lease Properties Portfolio also came with approximately 39,012 square feet of commercial real estate development rights. This is a huge benefit as many Miami area retail destinations have declines in rental rates and lost tenants. The net leased properties at Lincoln Road see net lease rents increase due to Miami Beach competition.

The White Plains, New York-based Acadia Realty Trust sounds excited to jump into a Joint Venture with Terranova Corporation. This Florida Company, Terranova Corporation is one of Florida’s leading commercial real estate advisory firms. Terranova Corporation is involved with more than $1.4 billion in commercial real estate assets. These commercial real estate investments are managed for their clients and owns a respectable investment property portfolio. The net lease properties buyer, Terranova Corporation provides NNN Commercial Real Estate management, net leasing, tenant representation, dispositions, financing, construction management and development services.

Contact today for Net Lease Properties to purchase NNN Property or for 1031 exchange replacement properties in these areas and all across the Country.

Arlington • Atlanta • Austin • Baltimore • Birmingham • Boise • Boston • Brooklyn • Buckhead • Central Illinois • Charlotte • Charlotte Uptown • Chicago • Chicago Downtown • Cincinnati • Cleveland • Clinton • Coral Gables • Columbia • Columbus • Dallas • Denver • Des Moines • Detroit • Encino • Ft. Collins • Ft. Lauderdale • Ft. Worth • Grand Rapids • Honolulu • Houston • Indianapolis • Jackson • Jacksonville • Kansas City • Koreatown • Lafayette • Las Vegas • Little Korea • Little Rock • Long Beach • Los Angeles • Louisville • Madison • Manhattan • Memphis • Miami Beach • Milwaukee • Minneapolis • Nashville • New Haven • New Jersey • New Mexico • Newport Beach • North Beach • Oak Brook • Oakland • Oklahoma City • Omaha • Ontario • Orlando • Palm Beach Gardens • Palo Alto • Philadelphia • Phoenix • Pittsburgh • Portland • Providence • Raleigh • Reno • Reston • Sacramento • Salt Lake City • San Antonio • San Diego • San Francisco • Santa Fe • St. Louis • Seattle • St Petersburg • Tampa Bay • Troy • Tucson • Vero Beach • Washington, D.C. • West Los Angeles • West Palm Beach • Williamsburg • Yonkers

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Thursday, March 10, 2011

Silicon Valley Net Leased Property for Skype

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Palo Alto, California - The Net Lease Properties news today comes from an outstanding area, Palo Alto. A new net lease was signed by Skype to take space at the Stanford Research Park. This Stanford Research Park is a rarity among net lease properties. The Stanford Research Park is located in the City of Palo Alto, California. This net leased property is adjacent to the famous Stanford University campus. This Silicon Valley Net Leased Property sits on approximately 711 acres.

This net leased property is about 21 miles north of downtown San Jose and 31 miles south of San Francisco. This Silicon Valley Net Leased Property benefits from a location which allows easy access to the vast array of retail business, educational and cultural opportunities available at Stanford and the Bay Area. This Silicon Valley Net Leased Property is situated in area that is highly desired by NNN Commercial Real Estate investors. The Stanford Research Park was started over 50 years ago. This Silicon Valley Net Leased Property has another well known net lease tenant, the electric car manufacturer Tesla Motors Incorporated.

Skype will have a net lease on approximately 90,697 square feet at 3210 Porter Drive in Palo Alto. This net leased property has 94304 as the zip code. Skype is an Internet communication service and voice service that allows its customers to send messages and make and receive calls using their computer's Internet connection. Skype will relocate from other net lease properties in the Bay Area. Skype had a net lease located on eBay’s San Jose campus and they had a net leased Office in Brisbane, California.

Skype was originally based in Luxembourg and was founded in 2003. The net lease tenant, Skype sold to San Jose-based eBay Inc. back in 2005. Another business transaction took place last year as the Company was purchased by an investor group. The Investor Group was led by Silver Lake Partners. That deal last year had the Company valued at $2.75 billion.

We are not aware of the net leased terms with Skype. However we have seen NNN Lease at the desirable Stanford Research Park location. This Silicon Valley Net Leased Property is a Class A Property that has some units which are fully furnished, plug and play lab/office space. Some of the NNN Leased units offer Chemical storage, Eyewash & emergency showers, and suitable shipping and receiving areas. This Silicon Valley Net Leased Property also comes prepared for Tenants with an on-site cafeteria area, and an on-site gymnasium.

The Silicon Valley Net Leased Property will becomes Skype’s new North American headquarters. CresaPartners helped to manage the Office design, construction, and furniture selection process to guide Skype to a comfortable and suitable environment. CresaPartners LLC is an international corporate commercial real estate firm and they exclusively represent net lease tenants and specializes in the delivery of fully integrated commercial real estate services.

CresaPartners offers an array of integrated commercial real estate leasing services, promoting companies of all sizes—from start-ups to corporate giants, with a stronger control and leverage in their commercial real estate decisions. This corporate commercial real estate firm is headquartered in Boston and provides service in over 33 countries and more than 120 cities. The corporate commercial real estate firm CresaPartners is now recognized as the top tenant representation firm in North America.

We specialize in providing Triple Net Lease Properties to investors who are involved in a 1031 exchange or a sale-leaseback transaction.

Contact Us for:
Triple Net Lease Properties
New Development for National Tenants
Investment Property For Sale
Net Leased Properties
1031 Exchange Property Solutions
NNN Lease Investments
NNN Commercial Real Estate

If you are considering purchasing Commercial Real Estate or a Triple Net Leased Property, you can apply for CTL Financing, and Commercial Loans at Loanrise.com.

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Wednesday, March 9, 2011

Boynton Town Center with Best Buy Sold for $59 Mil

boynton-town-center-NNN-lease-properties-Florida-Best-Buy
Boynton Beach, Florida - Net Lease Properties news today is from an area we know very well, the Boynton Beach Net Lease Investment market. The Retail Power Center, Boynton Town Center has recently sold. Some reports have this Net Leased Retail Shopping Center as selling approximately 201,979 square feet. However, the commercial real estate developer, The Sembler Company, developed this net leased property as a total of approximately 399,916 square foot regional retail power center.

The Net Leased Property, Boynton Town Center is located at the northeast corner of N. Congress Avenue and Old Boynton Road. This net lease property sits in the heart of the Boynton Beach retail district. The net leased Retail Shopping Center consists of a wide variety of restaurants, retail, office and service oriented net lease tenants. This net leased property is currently approximately 92% leased.

The St. Petersburg-based commercial real estate developer Sembler Company sold the Boynton Town Center. The net leased property has SuperTarget, Best Buy, Total Wine & More and Michaels anchoring the center, but this transaction did not include the large SuperTarget store. The SuperTarget building is owned by Target Corp. and therefore not involved in this net lease property sale. We are not aware if this net leased proprty was involved in a 1031 Exchange.

The net leased property buyer was Morguard Investments. This net leased property buyer is currently based in Canada. The Retail Power Center had some of the net lease tenants opened their doors in 2007. The Net Leased Property is anchored by excellent Tenants, including SuperTarget, Best Buy and Michael's. Michaels’ took over approximately 23,407 square feet in this net leased property, opened late in 2009. Boynton Town Center is at the prime address of 1000 North Congress Avenue in Boynton Beach, with the 33426 zip code.

This net leased property, Boynton Town Center is a recently developed, high quality retail power center. As we see developable Land becoming very scarce in South Florida, this will be one of the last retail net leased properties developed in this area of Palm Beach County. A net leased property across the street had a Circuit City close down. That net leased property is now a Dick's Sporting Good retail store. Another NNN Commercial Real Estate Investment across the road had a quaint Borders Book Store close down. That Net Lease Property at 525 North Congress Avenue in Boynton Beach, Florida is now a store for Off Broadway Shoes.

The net leased property sold for $59 million. The Net Leased Property Seller was an affiliate of the Sembler Company. The Sembler Company has developed many architecturally beautiful retail shopping centers. Currently, the Sembler Company commercial real estate development company has been involved in over than 130 retail shopping centers. These net leased retail shopping centers have over 27 million square feet of retail space. The majority of these net leased properties are in the Eastern United States.

Some of the Net Leased Property Developments include:
• grocery anchored centers
• power centers and regional shopping centers up to 1,500,000+ SF
• mixed-use lifestyle centers
• banks and drugstores
• over 200 build-to-suits

The Sembler Company is known as a leader in the retail shopping center industry. The commercial real estate development company has received a variety of awards including:
• named by the Atlanta Business Chronicle as the Top Retail Commercial Real Estate Developer in Atlanta for eight consecutive years
• named 5th Fastest Growing Retail Developer in the United States by the Chain Store Age Magazine
• named 5th Fastest Growing Management Company in the United States by the Chain Store Age Magazine.

Boynton Town Center is a net leased property that truly benefits from its location. The net leased property sits between two significant residential developments to fuel the business of the net lease tenants here. Nearby is Renaissance Commons, which is a mixed-use development. This Mixed-use commercial real estate development is adjacent to the north and includes more than 1,000 residential units and has some retail net leases. The Net Leased Property will benefit in the future with an additional 2,000 units planned in a separate commercial real estate development.

The Boynton Beach Mall is situated just west of the Boynton Town Center net leased property. The Boynton Beach Mall was recently renovated and had additions to the retail shopping center. This area is very supportive of net leased properties as it is a densely populated area of Boynton Beach, Florida.

The net leased property, Boynton Town Center currently has the following net leased Tenants:

Anchors
SuperTarget
Best Buy
Michaels

Apparel & Accessories
Jos. A. Banks Clothiers
Payless ShoeSource
Shoe Carnival
Styles For Less

Health & Beauty
Hot Heads Salon
Massage Envy
Merle Norman - Coming Soon
Sport Clips
USA Spa Nails

Home Furnishings
Mattress Giant

Restaurants & Dining
Five Guys Burger & Fries
Jason's Deli 561-738-1820
Jimmy John's
Moe's Southwest Grill
Panda Express
Pollo Campero
Red Lobster (a new modern Restaurant theme)
Rotelli's Italian Restaurant
Shane's Rib Shack
Sweet Surrender

Service Providers
Gilman & Ciocia Tax & Financial Planning
Pearle Vision
PNC Bank - Coming Soon
RBC Centura Bank
Solantic Urgent Care

Specialty Shops
Hertz Jewelers - Coming Soon
Total Wine and More (an excellent store for wine enthusiasts)
Family Christian Stores
Game Stop

Contact Net Lease Properties to sell your net lease properties, or purchase NNN Property.

If you are ready to purchase Commercial Real Estate or a Triple Net Leased Property, you can apply for Commercial Loans at Loanrise.com.
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Monday, March 7, 2011

Trinity Village Retail Shopping Center Sold in Florida

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New Port Richey, Florida - Our Net Lease Properties information comes from the beautiful west coast of Florida. A net leased property, developed as a Retail Shopping Center was in a commercial real estate sale disposition. A Net Lease Properties Firm that which specializes in the disposition of retail properties. This Net Lease Properties Firm is very familiar in the greater Tampa Bay area and the property on the West Coast of Florida.

The net leased property, Trinity Village Center, sold for $9.5 Million. A California-based Private Investment Group purchased this Pasco County Net Leased Property. This location is deal for net lease properties, sitting on the busy corner of SR 54 and Duck Slough Road. Jefferson-Pilot Investments was the seller of this net leased property. Reports have the net leased property seller acquiring this retail shopping center from Trinity 54 LLC, last year, through a foreclosure action. We are not aware if this transaction was involved in a 1031 Exchange for the Buyers.

Trinity Village Center was developed by co-owners, David Nelson and Nelson Construction. These Commercial Real Estate developers were into this project from beginning to the end. This included the land acquisition, design, permits, construction, net leasing, and tenant build-out. These Commercial Real Estate developers were also involved in the on going management of this high end net leased commercial plaza.

This net leased property development phase was not easy as developers had to deal with the Pasco County Government branch and their ever changing permitting issues. The Commercial Real Estate developers also had to satisfy FDOT (Florida Department Of Transportation) and SWFMUD (Southwest Florida Water Management District). The net lease property benefited from experience with Brandon Construction of Palm Harbor, Florida being responsible for the excellent building construction. This net lease property also benefited with Nelson Construction performing all of the site work.

Trinity Village Center is net leased property that is approximately 72,543 square feet. This Florida retail shopping center is about 5 miles southeast of New Port Richey, in Pasco County. The net leased retail shopping center has the address of 10700-10740 SR 54 in New Port Richey, Florida with the zip code of 34655.

The net lease property was approximately 79% net leased at the recent closing. This retail shopping center features regional and national tenants that consists of Crispers, Five Guys Hamburgers, Bonefish Grill, IHOP (International House of Pancakes), and service providers AAA Auto Club South, and Synovus Bank.

Synovus Bank is part of the Georgia State chartered Synovus Bank. Synovus Bank is one of the largest community banks in the Southeast portion of America. Synovus Bank provides powerful banking solutions for customers which NNN Commercial Real Estate investors might not expect from a regional community bank.

Trinity is one of Pasco County’s most prestigious master-planned communities. This master-planned features upscale residential neighborhoods, schools, retail commercial zoned districts, recreation areas, and a new hospital is opening this year. The net leased property, Trinity Village Center was built in 2007 and has convenient Access and Visibility to SR 54.

Other Net Leased Property Tenants at the Trinity Village Center:

Trinity Urgent Care
Cabelo Salon
The Pampering Plumber
The Turtles Nest
The Medicine Shoppe
Trinity Pottery
Ramblin Rhodes Music
Smoothie King
Trinity Pet Spa
St. Peter the Apostle
Cold Stone Creamery
Ichiban Sushi
Ultimate Home Care
Material Girl 2

This net leased property has beautiful architecture, and very lush landscaping. This net leased property has strong demographics that has attracted upscale, unique businesses for Trinity Village Center. NNN Lease Property Tenants can lock down a Unit as only a few remain available. This Net lease Investment has nice visibility, exposure and ample parking for the Tenants and customers for this retail shopping center.

Contact Net Lease Properties to sell your net lease properties, or purchase NNN Property.

If you are ready to purchase Commercial Real Estate or a Triple Net Leased Property, you can apply for Commercial Loans at Loanrise.com.
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Saturday, March 5, 2011

Industrial Triple Net Lease Properties in Illinois

net-lease-properties-industrial-chicago-illinois
Chicago, Illinois - Our Net Lease Properties information is on NNN Industrial Properties sales. These Industrial net lease properties may not have sold as frequently a few years back. Many Net Lease Properties Investors are seeking high-quality, well-leased properties in areas that appear to remain popular. Some Net Lease Properties analysts believe that Industrial net lease properties are near the top of the list for most stable properties. More and more Net Lease Properties Investors are jumping on Industrial net lease properties and many investors enjoy buying apartment building assets.

One of the popular Industrial triple net lease properties sold recently in Romeoville, Illinois. Romeoville is approximately 32 Miles south-west from the Chicago O'Hare International Airport (Ord), at 5600 Mannheim Road, in Chicago, Illinois. This Industrial triple net leased property sold for $30,200,000 which equates to approximately $36 per square foot for the property. The Industrial NNN Lease Property is situated at 740 ProLogis Parkway in Romeoville, Illinois. The is the largest single-building sale, in the Illinois Industrial Net Lease market, since January of 2008.

The Industrial triple net leased property is approximately 805,909 square-feet. This NNN Lease Investment is a Class A Industrial building which was built in 2006. The Industrial triple net leased property is in the South Interstate 55 Corridor, which is an Industrial sub-market. The Industrial triple net leased property offers to the net lease Tenant, 100 external loading docks, four drive-in bays (sufficient for loading Trucks) and a 32-foot clear height. The Industrial absolute triple net leased property is fully 100% leased to Kimberly Clark.

The triple net lease Tenant, Kimberly-Clark has sold products in more than 150 countries. The NNN Lease tenant maintains administrative, manufacturing facilities, operating and geographic headquarters in 35 countries. The triple net lease Tenant, Kimberly-Clark has their world headquarters located in Dallas, Texas. Kimberly-Clark is a leading-edge global company that produces superior essential products.

One of the Product Innovations for this NNN Lease Tenant are Kleenex Hand Towels.
Kimberly-Clark came up with disposable Kleenex Hand Towels, a first-of-their-kind solution for customers' growing concern for hand hygiene and preventing the rapid spread of germs.

The buyer of this Industrial triple net leased property was LaSalle Investment Management, a local Chicago-based commercial real estate investment firm. It appears they purchased this Industrial NNN Lease Investment for an attractive price. As this triple net lease property had sold for $34,750,000 when construction was finished in 2006.

LaSalle Investment Management is one of the world’s leading commercial real estate investment managers. LaSalle Investment Management has approximately 712 employees, located in 16 countries. This commercial real estate investment firm manages over $43.0 billion (as of the forth quarter of 2010) of commercial private property and public property equity investments. This commercial real estate investment firm benefits from a diverse client base which includes public and private pension funds, insurance companies, governments, endowments and private investors from across the World. We are not aware of the Commercial Loans on this NNN Property.

Colony Realty Partners (“CRP”) sold the Industrial triple net lease property. Colony Realty Partners is a privately held commercial real estate investment company. Colony Realty Partners seeks commercial real estate investments that have in-place, steady cash flow, or the ability to put cash flow in place in the near future. This commercial real estate investment company strives to find net lease properties which may be under-valued or demonstrate prospects for near and/or mid-term value creation.

The commercial real estate investment company (CRP) acquires and manages commercial real estate properties on behalf of many of the world’s leading institutional investors, including pension funds, public corporations, endowments, sovereign wealth funds, and high net worth individuals. More and more high net worth individuals are diving into NNN Commercial Real Estate investments.

Contact Net Lease Properties to purchase NNN Property or for 1031 exchange replacement property.

•24 Hour Fitness Net Lease Properties
•7-Eleven Net Lease Properties
•Advance Auto Net Lease Properties
•Ahold Net Lease Properties
•Applebees Net Lease Properties
•Arbys Net Lease Properties
•AutoZone Net Lease Properties
•Burger King Net Lease Properties
•Chick-fil-a Net Lease Properties
•Costco Net Lease Properties
•CVS Net Lease Properties
•Delhaize Net Lease Properties
•Dollar General Net Lease Properties
•Dollar Tree Net Lease Properties
•Dunkin' Donuts Net Lease Properties
•FedEx Net Lease Properties
•Goodyear Net Lease Properties
•Home Depot Net Lease Properties
•KFC Net Lease Properties
•Kohl's Net Lease Properties
•Kroger Net Lease Properties
•Lowe's Net Lease Properties
•McDonald's Net Lease Properties
•O'reillys Net Lease Properties
•Panera Bread Net Lease Properties
•Pep Boys Net Lease Properties
•Publix Net Lease Properties
•Rite Aid Net Lease Properties
•Safeway Net Lease Properties
•Shell Oil Net Lease Properties
•Staples Net Lease Properties
•Steak-n-Shake Net Lease Properties
•Taco Bell Net Lease Properties
•Target Net Lease Properties
•Verizon Net Lease Properties
•Walgreen's Net Lease Properties
•WalMart Net Lease Properties
•Wendy's Net Lease Properties


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Friday, March 4, 2011

CVS and Publix-Anchored Retail Shopping Center in Atlanta Sold

Atlanta-Georgia-net-leased-properties
Atlanta, Georgia - We have Net Lease Properties news from a very scenic area of Atlanta. A net leased property sold in a northern Atlanta suburban area. This area near Ashford-Dunwoody Road and Johnson Ferry Road NE is more of a higher grounds zone with many voluptuous trees. This is not an area that is flat land and tame.

The net leased property that sold is the retail shopping center known as Oglethorpe Crossing. The net leased, Oglethorpe Crossing is approximately 58,426 square feet of leasing space. This Publix-anchored and CVS Pharmacy anchored retail shopping center is situated in the Brookhaven neighborhood, near upscale Buckhead.

The net leased property seller was REES 52 LLC of Atlanta, Georgia. The retail shopping center Oglethorpe Crossing is located in the northwest quadrant of DeKalb County. If you have researched the Atlanta area, there are 4 main counties dividing the Atlanta area. DeKalb County is currently the third-largest county in Georgia and has obtained a population growth by more than 24% in the past eleven years. This net leased property has strong anchor sales supporting the Tenants. The average household Income in this immediate trade area exceeds $121,500. This net lease property has an attractive track record as the Property has been at or near 99% occupancy since it was built, in 1997.

This Publix-Anchored retail shopping center with a CVS Pharmacy was marketed as a 6% Cap rate but we are not aware of the sales price at closing. This net leased property is in the Atlanta Metropolitan Statistical Area (MSA). As we see that some NNN Commercial Real Estate analysts have called Atlanta, an over-built area, there are some signs of growth. As far as Atlanta is concerned, net leased tenants such as Race Trac gas stations, Quizno’s fast food and Family Dollar have suggested they will have aggressive expansion plans for this year. This retail shopping center transaction includes a 6,900 square foot outparcel to possibly reel in a new net lease property Tenant.

Olgethorpe Crossing is situated at a main suburban Atlanta intersection, at Johnson Ferry Road and Ashford Dunwoody Road. The net leased property benefits from the two primary commuter roads in this affluent Brookhaven neighborhood. The Net Leased Property is right in a densely populated community with beautiful neighborhood homes priced from $600,000 to $2,400,000 million.

The net leased investment buyer was unnamed Atlanta-based private equity group. This Atlanta-based private equity group will benefit from this desirable location. The retail shopping center is at 3435 Ashford-Dunwoody Road. Some of the net leased Tenants have a Johnson Ferry Road NE address with convenient access from both Johnson Ferry Road and the winding Ashford Dunwoody Road.

Oglethorpe Crossing, with Publix and CVS Pharmacy will also prosper with an expected growth in this affluent area. Recent reports have that over the next five years, the population is expected to grow by more than 10% to approximately 5.2 million residents. This was a former Hollywood Video net lease site and now also has a SunTrust Bank. The net leased property has slightly over 300 parking spots. This Premier Buckhead / Brookhaven retail shopping center has the Publix Grocery anchor with approximately 17 years remaining on the current ground lease.

If you are prepared to purchase Commercial Real Estate, you can apply for Commercial Loans at Loanrise.com.

Contact Net Lease Properties to purchase NNN Property or for 1031 exchange replacement properties in these areas.

Arlington • Atlanta • Austin • Baltimore • Birmingham • Boise • Boston • Brooklyn • Buckhead • Central Illinois • Charlotte • Charlotte Uptown • Chicago • Chicago Downtown • Cincinnati • Cleveland • Clinton • Coral Gables • Columbia • Columbus • Dallas • Denver • Des Moines • Detroit • Encino • Ft. Collins • Ft. Lauderdale • Ft. Worth • Grand Rapids • Honolulu • Houston • Indianapolis • Jackson • Jacksonville • Kansas City • Koreatown • Lafayette • Las Vegas • Little Korea • Little Rock • Long Beach • Los Angeles • Louisville • Madison • Manhattan • Memphis • Miami Beach • Milwaukee • Minneapolis • Nashville • New Haven • New Jersey • New Mexico • Newport Beach • North Beach • Oak Brook • Oakland • Oklahoma City • Omaha • Ontario • Orlando • Palm Beach Gardens • Palo Alto • Philadelphia • Phoenix • Pittsburgh • Portland • Providence • Raleigh • Reno • Reston • Sacramento • Salt Lake City • San Antonio • San Diego • San Francisco • Santa Fe • St. Louis • Seattle • St Petersburg • Tampa Bay • Troy • Tucson • Vero Beach • Washington, D.C. • West Los Angeles • West Palm Beach • Williamsburg • Yonkers

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Thursday, March 3, 2011

Indiana Net Leased Walgreens on Ground Lease

retail-walgreens-Indiana-NNN-Lease
Chicago, Illinois - Today we received more Walgreen's Tenant information for our Net Lease Properties news. A commercial real estate transaction on a Net Leased Property with Walgreen’s Ground Lease took place St. John, Indiana. The net leased property is situated in St. John, Indiana which is approximately 33 Miles south of Chicago. This net leased property was purchased for $2,740,000 Million. This was a rare opportunity for a Walgreen’s ground lease located within the Chicago MSA (Chicago Metropolitan Statistical Area). This net leased property is located at 11101 US 231, in Saint John, with the zip code of 46373.

The seller of this net lease investment was a Chicago-based commercial real estate developer. This rare property, with a Walgreen’s ground lease has rent bumps. The ground lease has the land leased by Walgreen’s on a long term ground lease for 25 years. This ground lease with Walgreen's started in 2009. This is an attractive deal with an Investment grade tenant on a long term net lease. The net leased property sits in St. John which is ranked 48 out of the top 100 places to live, in the United States, on a recent CNN report.

The net lease property buyer was an institutional investor who is based in the Midwest. This net leased property buyer will benefit from rental escalation of 7.5% in less than twelve years. The net leased property investor can recognize the value of this investment, in the long term, because of the land value. Obviously another advantage for this attractive net leased property acquisition is Zero landlord responsibilities. This single tenant, net leased property leased to Walgreen's is situated on approximately 63,162 square feet of land.

The Walgreen’s net leased property, with a ground lease, is located at a signalized intersection of two US Routes (41 & 231). This net leased property location is on the heavily trafficked US Route 41 (Wicker Boulevard) which is a north-south roadway. Some Major retailers located in the St. John area consists of Target, K-Mart, and Strack & Van Til Supermarket. Strack and Van Til's has a vision to become one of the leading full service grocery food store.

There is a newer retail development in the area and that is a Tractor Supply Store. This retail development, with Tractor Supply Store is located 2 miles north of the Walgreen's net leased property. The US Route 231 (109th Street) is a road that travels east-west and connects going east to Crown Pointe, Indiana.

We see many Fast Food net lease properties with a Ground Lease. Many NNN Commercial Real Estate investors prefer the Absolute NNN Lease Investments. Many single tenant Net Lease Properties (STNL) with a Ground Leases are normally at a lower cap rate. The reason for the lower cap rate is that the tenant pays for all the improvements on the land with a ground lease.

However, with a ground lease, the landlord does not have the ability to depreciate the building, the net lease tenant receives the tax write-offs. The reason why NNN Commercial Real Estate investors prefer Absolute NNN lease investments is that the Tenant pays rent, property taxes, maintenance, and other expenses. The Net Lease Property Owner has zero landlord responsibilities, and he can still depreciate the property.

The advantages for a net lease tenant to enter into a ground lease, is that the Tenant's up front development costs are cut since the Tenant does not have to pay for the land. Also, the rent payments made under a ground lease should be deductible, for the tenant, for income tax purposes.

The Fee simple ownership is gives the NNN Investor ownership of the entire property, including both the land and buildings. The fee simple owner does have the right to possess, use the land and dispose of the land as they wish. The fee simple owner can sell the property, use it in a 1031 Exchange or have a net lease contract with a Credit Tenant, national tenant or local tenant.

Many of these Absolute NNN Ground Lease Investments listed below can be solid assets to build wealth over the long term.

•Arby's NNN Ground Lease
•Burger King NNN Ground Lease
•Carl Jr's NNN Ground Lease
•Checkers NNN Ground Lease
•Chick-Fil-A NNN Ground Lease
•Chipotle NNN Ground Lease
•Dunkin Donuts' & Baskin Robbins NNN Ground Lease
•El Pollo Loco NNN Ground Lease
•Jack in the Box NNN Ground Lease
•KFC NNN Ground Lease
•Long John Silvers NNN Ground Lease
•McDonald's NNN Ground Lease
•Panda Express NNN Ground Lease
•PDQ NNN Ground Lease
•Pizza Hut NNN Ground Lease
•Portillo's Hot Dogs NNN Ground Lease
•Rally's NNN Ground Lease
•Sonic Drive In NNN Ground Lease
•Starbucks NNN Ground Lease
•Steak N' Shake NNN Ground Lease
•Taco Bell NNN Ground Lease
•Tim Hortons NNN Ground Lease
•Wendy's NNN Ground Lease
•White Castle NNN Ground Lease

If you are ready to purchase Commercial Real Estate , you can apply for Commercial Loans at Loanrise.com.


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