Featured Distressed Commercial Real Estate & NNN Properties


Distressed Commercial Properties – Commercial Real Estate over $1.000,000
Great deals on Select Florida Distressed Commercial Properties.
Distressed Commercial Real Estate can be obtained at 20% of Original Sales Price.
Contact Professional Distressed Property Consultants by Clicking the Picture

NNN-Commercial-Real-Estate-distressed-commercial-properties-for-sale

Tuesday, April 26, 2011

Triple Net Lease Property with Kiddie Academy Tenant

New-Jersey-NNN-Lease-Property-Kiddie-Academy
Philadelphia, Pennsylvania - Our Net Lease Properties information today is on a very unique net lease property Tenant. This unique net leased property Tenant is the Kiddie Academy. This NNN Lease Property Tenant is in the Day Care Facility - Nursery sector of retail NNN Tenants. This triple net lease property is located at 2908 Route 130, in Delran, New Jersey with 08075 as the zip code. Delran, New Jersey is only 14.5 Miles to the Philadelphia, Pennsylvania metropolitan statistical area (MSA). We wonder if the local residents are fans of the Flyers or the New Jersey Devils.

This New Jersey triple net leased property sold for $2,8 Million. The Kiddie Academy NNN Lease Property was being marketed for the price of $2,850,000. So as we noted last week, many retail NNN Lease Properties are being sold for the asking price or very close to it. This NNN property leased to Kiddie Academy Cap was also marketed with a 9% Cap Rate, which is very respectable for triple net lease properties. The Buyer of this New Jersey Triple Net Leased Property is a local private investor. Triple Net lease Investments are suitable for a lone private investor or a joint venture of 2-3 investors. We get requests periodically for a (JV) Joint Venture partner on NNN Properties and 1031 Exchange replacement property.

This triple net lease property is approximately 10,436-square feet for the Kiddie Academy NNN Tenant to use 100% of the structure. This New Jersey NNN Lease Investment was built in 2008. This triple net leased property was a build to suit for the NNN Property Tenant, Kiddie Academy. The criteria for a Kiddie Academy franchise is that they require a minimum personal financial statement of $150 K liquidity and $450 K of net worth. The investment range for a franchisee is approximately $442,000 to $765,000 for a build to suit lease on a triple net leased property. Also the franchisee can go up to $3.7M for a land and building purchase.

This single tenant net lease property (STNL) is a one story building. This triple net lease property is situated on a Lot which is approximately 1.41 acres. New Jersey NNN Commercial Real Estate Investment Specialists helped procure the sale of this property. The NNN Lease Property seller was a Midwest commercial real estate developer. We are not informed if there was any assumable Net Lease Funding on this Property.

While this NNN Lease Property has the intended use to house a state of the art day care facility, this structure was designed architecturally to be extremely versatile. The NNN Lease Property structure is easily adaptable to meet the most stringent of uses for retail use or office building use. Apparently this is the NNN Property tenant's only location, however Kiddie Academy Corporate provides a wealth of support services for all of their franchisees, new and old. The Triple Net Lease Property tenant is encumbered with an original 15 year triple net lease with 3% annual bumps in the rental rate. As of the NNN Lease Investments closing, there were about 14 years left on the triple net lease.

The Tenant at this NNN Lease Property has met all the requirements for Kiddie Academy. Currently, Kiddie Academy has more than 100 franchisee operated stores under their umbrella as well as 4 Company owned businesses. Kiddie Academy has been in the education based child care service industry since 1981. Kiddie Academy is currently a leading family child care provider. Specifically, they focus on educationally focused childcare. Since they started their first academy more than 30 years ago, Kiddie Academy has experienced enormous growth, with academies coast to coast.

This NNN Lease Investment is a prime site for a high-end day care facility. This Triple Net Lease Property is strategically situated on the main retail business thoroughfare within Delran. This NNN Lease Property sits on Route #130, which is also known as Burlington Pike. The New Jersey NNN Property should thrive with a population within a five mile radius that exceeds 250,000. Also another primary point for this retail triple net lease property is that the median household income in the vicinity exceeds $75,543.

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.

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


Bookmark & Share
Bookmark and Share

Friday, April 22, 2011

The NNN Property Northwood Plaza Sold In Florida

NNN-Florida-Property-Publix-Clearwater

Tampa Bay, Florida - Net Lease Properties news for the day comes from a fantastic, relaxing area, the Tampa Bay - St. Petersburg area. This Tampa Bay area for NNN Investment Properties is home to award winning beaches, fine hotels and restaurants. The Tampa Bay, St. Petersburg, Clearwater area has options for net lease properties for your next 1031 Exchange. A Net Lease Property with a Publix anchor sold in Clearwater, Florida. This Clearwater Net Lease Property is called Northwood Plaza.

The sales price for this Publix anchored retail shopping center has not been disclosed as of yet. We will do further research and seek the acquisition price of this triple net leased property. This Florida net lease property is located at 2508-2554 McMullen Booth Road, in Clearwater, with the 33761 zip code. The position of this Florida Net Lease Property is at the North West Corner of McMullen Booth Road and Enterprise Road, in Clearwater. This Florida net leased property is situated in Pinellas County. This is area has a high traffic count to help this Triple Net Lease Property excel.

This Publix anchored retail shopping center was approximately 90% net leased at the time the NNN Property transferred to the new Owner. AEW Capital Management purchased this Florida Net Lease Property. This Florida Net Lease Property has many prime Tenants and had a recent new net lease signed. Commercial Real Estate Brokers signed Postal-Annex to a net lease of approximately 1,511 square feet. We are not privy to the Net Lease Funding for this Florida NNN Property.

Many of our NNN Commercial Real Estate investors are seeking Publix-anchored net leased properties. Also institutional investment groups, (real estate investment trust) REIT's, private equity investors and foreign commercial real estate investors wanted this NNN Property.

The NNN Lease Investment is approximately 202,112 square feet. The major net leased property tenants are Publix, Stein Mart, Talbots, Anthony’s Coal Fired Pizza and Starbucks for your coffee needs. Another net leased property tenant is CVS pharmacy, another favorite of our NNN Commercial Real Estate investors. This Florida Net Lease Investment had construction completed in 1980. Northwood Plaza, LLC was the seller of this Florida Net Leased Property. Northwood Plaza, LLC were in position to select an excellent offer as this NNN Property is considered to be one of the premier Publix-anchored properties on the Florida West Coast.

The Net Lease Property Buyer, AEW Capital Management, L.P. was founded in 1981, a year after this Publix-anchored retail shopping center was built. AEW Capital Management, L.P. provides (CRE) commercial real estate investment management services to investors across the globe. Currently, AEW Capital Management, L.P., AEW Europe and AEW Asia manage more than $44.5 billion of commercial real estate investments and securities. As of December 2010, AEW Companies manage these properties on behalf of many of the world's leading institutional investors and private investors.

AEW Capital Management, L.P. also manages investment property portfolios in both the public and private property markets and across the risk - return spectrum. AEW Capital Management, L.P. focuses on research and are experienced in the complexities of the commercial real estate market and capital markets. The Triple Net Lease Property Buyer has built a reputation by offering innovative solutions to their clients' needs. AEW Capital Management, L.P. strives to add value to their investment property portfolios, and meeting or exceeding their expectations for service and performance.

The Triple Net Lease Property Buyer, AEW, is headquartered in Boston. They also have commercial real estate offices in Los Angeles, London, Singapore and Hong Kong, as well as affiliate offices in Paris and nine other European cities. AEW, their Asia affiliate and European affiliate, AEW Europe, strive to create a global commercial real estate investment management platform to continue to grow.

This Florida NNN Lease Property allows customers get their morning coffee, eat breakfast, do some shopping, and buy groceries at net leased Publix. Then customers can have lunch, be pampered with a massage, manicure, get a haircut, visit the Doctor, and pick up their prescription at the CVS Pharmacy.

Northwood Plaza NNN Property Tenants:

Allstate Net Leased Property Tenants
Anthony’s Coal Fired Pizza Net Leased Property Tenants
Any Lab Test Now Net Leased Property Tenants
Anytime Fitness Net Leased Property Tenants
Brooks Rehabilitation Net Leased Property Tenants
Buy Best Beauty Net Leased Property Tenants
China Taste Net Leased Property Tenants
CVS Pharmacy Net Leased Property Tenants
Deb’s Hallmark Net Leased Property Tenants
Famous Greek Salads Net Leased Property Tenants
Fashion Cleaners Net Leased Property Tenants
First Bank Net Leased Property Tenants
HomeBanc Net Leased Property Tenants
Garden Shed Net Leased Property Tenants
GNC Net Leased Property Tenants
Island Comfort Footwear Net Leased Property Tenants
Kelly Nails Net Leased Property Tenants
La Posh Salon Net Leased Property Tenants
Louis Pappas Market Café Net Leased Property Tenants
Massage Envy Net Leased Property Tenants
Metro PCS Net Leased Property Tenants
Moda Milano Hair Salon Net Leased Property Tenants
Northwood Vision Net Leased Property Tenants
Patchington Net Leased Property Tenants
Pickles Plus Net Leased Property Tenants
Pinch A Penny Net Leased Property Tenants
Publix Net Leased Property Tenants
Red Bamboo Medi Spa Net Leased Property Tenants
Rita’s Ice Custard Happiness Net Leased Property Tenants
Salon Lofts Net Leased Property Tenants
Scottrade Net Leased Property Tenants
Starbucks Net Leased Property Tenants
Stat Med Net Leased Property Tenants
Stein Mart Net Leased Property Tenants
Talbots Net Leased Property Tenants
Tuscano Net Leased Property Tenants
Marco’s Pizza Net Leased Property Tenants
Weight Watchers Net Leased Property Tenants

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.

NNN-Lease-Property-Red-bamboo-medi-spa

NNN-Florida-Property-HomeBanc-Clearwater


Bookmark & Share
Bookmark and Share

Wednesday, April 20, 2011

San Jose Net Leased Property Refinanced

triple-net-lease-properties-AMC-Theatres-San-Jose

San Jose, California - Our Net Lease Properties information is from Silicon Valley today. Many Triple Net Lease Properties investors search for retail shopping centers and net lease properties in quality areas. The El Paseo de Saratoga is situated in an area at Prospect Ave. & Campbell Ave. with approximately 32,500 cpd (vehicles per day) from just one of these main streets. This San Jose Net Lease Property was recently refinanced with a $61 million commercial loan.

This San Jose Net Lease Property is located at 100-1550 El Paseo de Saratoga Road in San Jose, California. This Net Lease Property sits in Santa Clara County. The El Paseo de Saratoga Net Lease Property, is a retail shopping center that is approximately 340,949 square feet. This California Retail Shopping Center was designed as an open-air retail and entertainment center. The San Jose Net Lease Property has capability for about 2,089 cars for parking comfortably. This Net Lease Property sits right in the middle of Silicon Valley which is one of the Country's strongest retail markets on the West Coast.

This San Jose Triple Net Leased Property has some excellent Tenants including Lucky Supermarket, REI, Petco, Office Max, and AMC Theatres for entertainment. This California Net Leased Property had a major renovation completed in 2007. This San Jose Net Lease Investment features 18 buildings that are situated on approximately 32.5 acres. This is a popular Retail Shopping Center in San Jose with a sufficient amount of local retail customers having an average household income of $110,357 to about $118,936.

The retail foot traffic comes in from more affluent towns such as Cupertino, Campbell and Saratoga. Some NNN Commercial Real Estate investors see REI, with about 45,000 square feet, as the primary net lease property tenant. The net lease property tenant, REI, sells great sporting goods, gear, equipment and clothing for outdoor adventures. This Net Lease Property has a Trader Joe's sitting across the Street.

This Net Lease Property is approximately 94% leased. Some of our favorite net lease property tenants are here such as Peet’s Coffee, Jamba Juice, and U.S. Bank. The Net Lease Property has an excellent location being adjacent to the 85, rather than the 101, or Highway 280. This makes the traffic for the net lease property easier to manage.

Terramar Retail Centers is the Net Lease Property owner. Terramar Retail Centers acquired the Silicon Valley retail shopping center in the fall of 2008. The Net Leased Property owners were in a position to acquire this property with an all-cash purchase. We are not aware if this was a 1031 Exchange replacement property.

Commercial Mortgage Lenders were able to get Terramar Retail Centers a 10-year commercial loan with a fixed-rate. Many of the current Net Lease Funding sources for the capital comes from Life Insurance Company funds. This Commercial Loan came with a very fair 4.55% interest rate.

The Net Lease property Owner, Terramar Retail Centers, is a privately-held commercial retail shopping center investment, and management Company. Terramar Retail Centers is also a commercial real estate development company which is headquartered in Carlsbad, California. Terramar Retail Centers has an excellent investment strategy as they strive to acquire, develop and operate well-located retail net lease properties in the western portion of the Country.

The NNN Commercial Real Estate Company is known as one of the Country's most successful private commercial real estate companies. This premier commercial real estate company was started in 1996. Terramar Retail Centers is actively seeking opportunities for retail net lease properties and NNN property acquisitions in core markets.


Tenant List for El Paseo de Saratoga Retail Shopping Center:

Hallmark Net Lease Property Tenants
Jennie’s Nails Net Lease Property Tenants
El Paseo Family Dentistry Net Lease Property Tenants
Lucky’s Supermarket Net Lease Property Tenants
Office Max Net Lease Property Tenants
REI Net Lease Property Tenants
Petco Net Lease Property Tenants
ULTA Net Lease Property Tenants (Summer 2011)
Till’s Net Lease Property Tenants
AMC Theater Net Lease Property Tenants
European Wax Center Net Lease Property Tenants
Club Havana Net Lease Property Tenants
Johnny D’s Barber Shop Net Lease Property Tenants
Baskin Robbins Net Lease Property Tenants
Pizza My Heart Net Lease Property Tenants
Cellular Image Net Lease Property Tenants
Thomasville Net Lease Property Tenants
The Jungle Net Lease Property Tenants
Red Robin Net Lease Property Tenants
Rubio’s Net Lease Property Tenants
For Eyes Optical Net Lease Property Tenants
All Ears Audio Net Lease Property Tenants
Jamba Juice Net Lease Property Tenants
Mimi’s Cafe Net Lease Property Tenants
Citibank Net Lease Property Tenants
Panda Express Net Lease Property Tenants
Peet’s Coffee & Tea Net Lease Property Tenants
Noah’s Bagels Net Lease Property Tenants
Learning Express Net Lease Property Tenants
Planet Beach Tanning Net Lease Property Tenants
Elements Net Lease Property Tenants
Le Boulanger Net Lease Property Tenants
Wolf Camera Net Lease Property Tenants
HSBC Net Lease Property Tenants
H&R Block Net Lease Property Tenants
Great Clips Net Lease Property Tenants
Pure Cleaners Net Lease Property Tenants
Wachovia Net Lease Property Tenants
U.S. Bank Net Lease Property Tenants

Contact Net Lease Properties to purchase or sell NNN Lease Investments.

triple-net-lease-properties-US-Bank


triple-net-lease-properties-Peets-Coffee


Bookmark & Share
Bookmark and Share

Monday, April 18, 2011

Walgreens Net Leased Properties and PNC Bank

Virginia-walgreens-NNN-Lease-Properties

Fairfax, Virginia - Net Lease Properties information comes from Fairfax, one of the premier locations for NNN commercial real estate. As various sectors of commercial real estate are still in a holding pattern, Apartment Buildings and Triple Net Lease Properties thrive. This recent Net Lease Properties transaction could be the largest in the Washington, D.C. sector in years.

A Commercial Real Estate Broker helped procure the sale of Net Lease Properties with Walgreen’s and PNC Bank. This Net Lease Properties transaction will be a Ground Lease with Walgreen’s and PNC Bank and a 5.9% cap rate will apply. Triple Net Lease Properties Investments with PNC Back are becoming an attractive asset. The Virginia Net Leased Property sold for $13.8 million. As the supply of triple net lease properties dries up, the Cap Rates have been lower.

PNC Bank has a long history of strengthening and enriching retail districts and local communities to increase conductivity of banking business. PNC Bank has for decades provided resources to seed ideas, foster NNN commercial real estate development throughout their market areas. For example, PNC Bank has an ongoing commitment to corporate social responsibility. Also, PNC Bank has devoted significant resources to assisting customers struggling from the impact of the financial crisis. PNC Bank can be an option for your net leased property Tenant requirement or for a 1031 Exchange Replacement Property.

The PNC Financial Services Group is one of America's largest diversified financial services organizations. PNC Financial Services Group currently provides retail and business banking; and mortgage banking. They also offer corporate banking, commercial real estate finance and asset-backed lending. For Net Lease Properties Investors seeking diversification, PNC Bank offers wealth management and asset management services.

The Virginia Net Lease Property is not completely built yet. This Walgreen’s Net Lease Property and PNC Bank will be positioned on the southwest corner of Route 29 and Nutley Street. The net leased property will have the address of 3050 Nutley Street, in Fairfax, Virginia with 22031 as the zip code. The Buyer was a local Net Lease Property Investment firm.

Washington Property Company is the seller of the Virginia Net Leased Property. The NNN Lease Property Seller, Washington Property Company has their headquarters situated in Bethesda, Maryland. The Net Leased Property Seller, Washington Property Company (WPC) is a full-service commercial real estate firm offering diversified expertise in investment property acquisition. The Commercial Real Estate firm also has services for land use development, Net Lease Funding, financing, leasing, construction and commercial property management. Washington Property Company an award-winning company with commercial, retail net lease properties and mixed-use projects throughout the Washington D.C. region.

In later part of 2009, Washington Property Company broke ground at this location of Nutley Street and Route 29 (Old Lee Highway) to begin this new Net Leased Property with a Walgreen’s pharmacy and PNC Bank branch. These Virginia Net Leased Property Tenants will have drive-thrus for convenience. This NNN Commercial Real Estate development should be available for business in the next month of two. This is a rare Walgreen's Net Lease Property with rent bumps. PNC Bank may also have an attractive net lease for the Investors.

Analysts for Net Lease Properties believe the lower Cap Rate came about from various factors. Apparently Walgreen's was very interested in the location of this Net Lease Property for a Ground Lease. This Fairfax County area is fantastic for Retail Net Lease Properties. This area is close to Washington D.C., and has an average resident with some of the higher incomes in the Country. This Walgreen's net leased property is also close to mass transportation areas.

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.


7-Eleven Net Leased Property • 5 & Diner Net Leased Property • Ace Hardware Net Leased Property • American Apparel Net Leased Property • Anytime Fitness Net Leased Property • a pea in the pod Net Leased Property • AT&T Net Leased Property • Banana Republic Net Leased Property • Bank of the Ozarks Net Leased Property • Bed Bath & Beyond Net Leased Property • Bengal Coast Net Leased Property • Baja Grill Net Leased Property • Black Finn Net Leased Property • Boater’s World Net Leased Property • Boi Na Braza Net Leased Property • Bone Daddy’s Net Leased Property • Bonefish Grill Net Leased Property • Books-a-Million Net Leased Property • Boudreaux’s Cajun Kitchen Net Leased Property • Brooklyn’s Old Style Pizzeria Net Leased Property • Broyhill Furniture Net Leased Property • Brusters Real Ice Cream Net Leased Property • Buckhead Saloon Net Leased Property • Buffalo Wild Wings Net Leased Property • Burger King Net Leased Property • buybuy Baby Net Leased Property • Cadillac Bar Net Leased Property • Cafe R&D Net Leased Property • Casual Male Net Leased Property • Catherines Net Leased Property • Cellular Planet Net Leased Property • Charming Charlie Net Leased Property • Chase Bank Net Leased Property • Chelsea’s Kitchen Net Leased Property • Cici’s Pizza Net Leased Property • Claire’s Net Leased Property • Compass Trading Co Net Leased Property • Cork Net Leased Property • Cozymel’s Net Leased Property • Dallas Fish Market Net Leased Property • Deluxe Nail Salon Net Leased Property • Destination Maternity Net Leased Property • Dollar Tree Net Leased Property • Dougherty’s Pharmacy Net Leased Property • Draper’s & Damon’s Net Leased Property • DSW Shoes Net Leased Property • Dunkin’ Donuts Net Leased Property • East Wind Net Leased Property • Equinox Fitness Net Leased Property • Ethan Allen Net Leased Property • Eurotazza Coffeehouse Net Leased Property • Evolution Tans Net Leased Property • Eyecrafters Net Leased Property • EZ Money Net Leased Property • Faces 365 Net Leased Property • Famous Footwear Net Leased Property • Fantastic Sams Net Leased Property • Fashion Bug Net Leased Property • Fish City Grill Net Leased Property • Fish Express Net Leased Property • Floyd’s 99 Barber Shop Net Leased Property • Freed’s Furniture Net Leased Property • GAP Net Leased Property • GNC Net Leased Property • Go Fish Net Leased Property • Golden Corral Net Leased Property • Gold’s Gym Net Leased Property • Golfsmith Net Leased Property • Goodfella’s Pizza & Pasta Net Leased Property • Grandy’s Net Leased Property • Great Clips Net Leased Property • Grotto Net Leased Property • Guitar Center Net Leased Property • Hallmark Net Leased Property • Hawk Electronics Net Leased Property • Hibashi Teppan Bar & Sushi Net Leased Property • Hoffbrau Steaks Net Leased Property • Houston’s Restaurants Net Leased Property • Howl At The Moon Net Leased Property • InkStop Net Leased Property • Iron Cactus Net Leased Property • Jack-in-the-Box Net Leased Property • Jamba Juice Net Leased Property • JC Penney Net Leased Property • Jersey Mike’s Subs Net Leased Property • Jo~Ann Fabrics Net Leased Property • Jos. A. Bank Net Leased Property • K&G Menswear Net Leased Property • Kenny & Ziggy’s Net Leased Property • Kona Grill Net Leased Property • LA Fitness Net Leased Property •

Virginia-NNN-Lease-Investments-PNC-Bank.


Bookmark & Share
Bookmark and Share

Tuesday, April 12, 2011

North Carolina Net Lease Property lease to Williams-Sonoma Division

Triple-net-leased-property-Williams-Sonoma-NC
Charlotte, North Carolina – Net Lease Properties news goes back to Catawba County, in North Carolina. North Carolina, Tennessee and Florida are excellent choices for triple net lease properties. A Industrial Net Lease Property just signed a net lease with a major Tenant in Claremont, North Carolina. The Industrial Net Leased Property was net leased to a division of Williams-Sonoma.

This Net Leased Property consists of approximately 411,699 square feet of leaseable space. Sutter Street Manufacturing, a division of Williams-Sonoma signed the net lease for 100% of this distribution warehouse net leased property. This property will fit the needs for furniture manufacturing for Williams-Sonoma, with its 36’ clear ceiling heights.

This North Carolina Industrial Net Lease Property is situated at 2973 Kelly Boulevard in Claremont, with 28610 as the zip code. The Commercial property Owner is Kelly Boulevard Associates, LLC, and is made up of a joint venture (JV) of JER Partners from McLean, Virginia, and Fulcra Enterprises. The Joint Venture partner Fulcra Enterprises is headquartered in Cornelius, North Carolina. The joint venture of JER Partners and Fulcra Enterprises purchased the commercial property, which is a Class A Industrial Investment, for $9.5 million. The Industrial Net Leased Property in Claremont is approximately 45 miles from the Charlotte – Douglas International Airport.

The Industrial Net Lease Property was acquired by JER Partners and Fulcra Enterprises towards the end of the year of 2008. The North Carolina Industrial Net Lease Property was constructed in 1999 and is positioned on approximately 25.57 Acres. Kelly Boulevard Associates, LLC was able to acquire the North Carolina Commercial Property through bankruptcy proceedings. The North Carolina Commercial Property is a premier building that was developed by the previous property owner, Collezione Europa USA, Incorporated.

The Net Lease Property was built with state of the art features for and Industrial Building such as an ESFR Sprinkler system, and Insulated pre-cast concrete panels. The Commercial Property also was built with Insulated high doors with pit type levelers, seals, lights, awnings super-flat floors, and a complete racking system for convenience. We found through our Commercial Property research that this property was marketed at $3.25 per square foot for a net lease or at $16.5 million for a NNN Property purchase. NNN Commercial Real Estate analysts believes the average net lease rate for industrial properties in the Charlotte metropolitan statistical area (MSA) is approximately $4.36 per square foot. We are not privy as to if there was Net Lease Funding which was assumable on this property.

The NNN Industrial Property is situated just off I-40. The NNN Industrial Property has easy access to I-77, State Highway 321 and Interstate 85. The Commercial Property sits northwest of Charlotte and the Tenant, Sutter Street Manufacturing will use it to provide upholstered furniture for Williams-Sonoma. Back in 2008, Sutter Street Manufacturing opened a furniture manufacturing center in Hickory, which has some of the oldest furniture manufacturers in the United States. Williams-Sonoma believes in this area and liked the high quality construction of this high quality Industrial Warehouse Property.

One of the Industrial Net Lease Property Owners is JER Partners. This Commercial Property Owner is a management-owned, fully integrated private commercial real estate investment management company. This private commercial real estate investment management company has over 27 years of experience in sourcing, underwriting and managing a broad spectrum of commercial real estate investment properties and debt products in the U.S. and Europe.

The commercial real estate investment firm along with their financial and operating partners, have purchased and managed approximately 15,000 commercial investments, valued at over $27 billion. The commercial real estate investment firm invests not only in triple net lease properties but CMBS, mezzanine financing and other structured debt products. This private commercial real estate investment management company has been a Special Servicer of Commercial Loans and securities for over 20 years.

The other Net Leased Property Owner is Fulcra Enterprises. This company, Fulcra Enterprises is a commercial real estate investment and operating company located in the Charlotte, North Carolina metropolitan area. This commercial real estate investment company focuses on opportunistic and value-added properties to investment in. This commercial real estate investment company prefers to invest in the Southeast area as many of our Triple Net Lease Investors prefer. Fulcra Enterprises Inc. is involved in purchasing and selling net lease properties. The commercial real estate investment company was incorporated in 2004.

The first Williams-Sonoma retail store opened in 1956, selling a small array of cookware imported from France. Since that time the Net Lease Property Tenant has expanded their brand to hundreds of products from around the world. This net lease property Tenant currently has more than 250 stores nationwide. The net lease property Tenant, Williams-Sonoma, Inc. was founded in 1956.

This net leased property Tenant, Williams-Sonoma, Inc. is the premier specialty retailer of home furnishings and gourmet cookware in the United States. Their retail brands are among the best known and most-respected in the entire industry. Williams-Sonoma, Inc. offers high-quality, stylish products for every room in the house: from your kitchen to your comfortable living room, bedroom, home office and even the hall closet.

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

Bookmark & Share
Bookmark and Share

Monday, April 11, 2011

North Carolina Net Leased Properties and Sale-Leasebacks

North-Carolina-net-lease-office-buildings

Charlotte, North Carolina - Our Net Lease Properties information for this evening is from a great business area, Charlotte, North Carolina. Many of our Triple Net Lease Properties investors are concentrating on the southeast area of the Country. Texas and the southeast portion of the Country are the current hot spots for Triple Net Lease Properties. This current Net Lease Properties transaction is on an Office Building, situated in Hickory, North Carolina. This net leased property, in Hickory, is approximately 54.7 Miles northwest from Charlotte. Hickory is in Catawba County, North Carolina. Hickory is also home to some of the oldest furniture manufacturers in the United States.

The net leased property buyer was Gladstone Commercial Corp., as they add to their impressive Investment Property Portfolio. The net leased property acquired by Gladstone Commercial Corp. is a (STNL) single-tenant, net leased property. This net leased property is approximately 60,112 square feet and cost Gladstone Commercial Corp. the sum of $10.7 million. The net leased property tenant has approximately nine years left on the net lease.

This net leased property brings the Investment Property Portfolio of Gladstone Commercial Corp. to a total of 66. Gladstone Commercial Corp. is keeping the address of this North Carolina net leased property hush hush. It has been reported that the net lease is guaranteed by a public, investment-grade corporation. This type of investment grade Tenant satisfies NNN Commercial Real Estate investors. The investment-grade Tenant has two five-year options to extend their term at this North Carolina net leased property.

We researched the metropolitan statistical area (MSA) of Hickory, North Carolina. We did find a similar net leased property that is a Class A Office Building. This other North Carolina net leased property is approximately 52,000 square feet and the asking price is only $6,750,000. The net leased property that was purchased by Gladstone Commercial Corp. is reported to be a build-to-suit property. Apparently, this makes a specialized net leased property more valuable for this Real Estate Investment Trust (REIT).

Gladstone Commercial Corp. is a publicly traded real estate investment trust (REIT) which has an effective strategy of acquiring triple-net leased properties, industrial property, medical office buildings (MOB) and various other types of commercial real estate properties. The real estate investment trust (REIT) owns about 6.7 million square feet located in 21 states. The REIT's Investment Property portfolio's occupancy is approximately 97%, with an average cap rate of 9.6%. The real estate investment trust also strives for sale-leasebacks with triple net lease properties.

Net Lease Funding for the Gladstone Companies is provided by three different public investment vehicles. Gladstone Capital Corporation, (NASDAQ: GLAD), Gladstone Investment Corporation, (NASDAQ: GAIN) and Gladstone Commercial Corporation, (NASDAQ: GOOD) are all capable to provide Commercial Loans for Gladstone's NNN investment property acquisitions. The Gladstone Companies is currently into second lien debt, mezzanine financing, secured and unsecured subordinated loans, equity and commercial real estate sale leasebacks. Gladstone Investment Corporation seeks to acquire commercial real estate investments that range from $5 to $30 million.

Gladstone Investment Corporation has an investment strategy that searches for businesses with an established operating history, strong, stable cash flow and sustainable market positions. Gladstone Investment Corporation has invested in a broad spectrum of other sectors that include Light and Specialty Manufacturing, Industrial Products, Business and Government Services, Media and Communications, Consumer Products and Services, Healthcare Services, Transportation, Specialty Chemicals and Energy Services. These could be attractive investments for some investors however our Triple Net Lease Properties investors get excited about Gladstone's investments in NNN Commercial Real Estate.

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



Bookmark & Share
Bookmark and Share

Thursday, April 7, 2011

Single Tenant Net Leased Properties and Retail Power Center

retail-shopping-centers-Panera-Bread-Starbucks
San Diego, California - The Net Lease Properties information today is concerning California net leased properties. CTL Financing and Net Lease Funding is still available for many California net leased properties with credit tenants or high quality tenants. We approached the subject of the Gilroy Crossing retail shopping center being under contract a short while ago.

Recently, Excel Trust, Inc. purchased two net leased properties for $92.1 million. The Gilroy Crossing retail shopping center and the Edwards Theater net leased property were acquired by the real estate investment trust (REIT). Excel Trust, Inc is a San Diego-based REIT which is led by Gary Sabin. This premier Commercial Real Estate investor, Gary Sabin founded Excel Realty Trust in 1978. The San Diego-based real estate investment trust has raised $210 million through an initial public offering of common shares around the April time frame.

The Gilroy Crossings is a retail power center that is approximately 473,557 square feet. This net leased retail shopping center is anchored by Target and Kohl's, and has net leases to other prominent Tenants such as Barnes & Noble, Bed, Bath & Beyond, Pier 1 Imports, Michaels, Starbucks, PetSmart, Sports Authority, Beverages and More (BevMo) and one of all favorites, Panera Bread. This dominant Power Center is approximately 98% leased.

This Gilroy net lease property has an estimated annual net operating income (NOI) of $5.4 million. This net leased property has an average household income of $81,716 living within a three-mile radius. The purchase price for this triple net leased property was $68.5 million. Excel Trust assumed the existing Commercial Loan which is approximately $47.9 million and has an attractive interest rate of 5.01%.

The second net lease properties acquisition is the Edwards Theaters. The San Diego-based real estate investment trust purchased this (STNL) single tenant net lease property in a unique fashion. Single Tenant Net Lease Properties are attractive to NNN Commercial Real Estate investors. These NNN Commercial Real Estate investors can obtain a steady revenue stream by leasing the asset to a credit tenant or quality tenant.

Excel Trust, Inc. was able to assume the existing Net Lease Funding which amounts to approximately $12.3 million. This Commercial Loan has an interest rate of approximately 6.73%. The purchase price of this Net Leased Property, excluding the assumed Commercial Loan, was mostly paid in the form of Operating Partnership Units. These Operating Partnership Units are initially valued at $14.00 per unit. These Operating Partnership units can be exchanged for shares of the company’s common stock at some time in the future.

The San Diego Edwards Theaters is a subsidiary of the Regal Entertainment Group and has net lease on this property. Excel Trust Inc. (REIT) acquired this net lease property for $23.6 million. This San Diego Net Leased Property is located at 1180 West San Marcos Boulevard. This San Diego Single Tenant Net Leased Investment consists of an 18-screen movie complex.

This net lease investment is surrounded by the average household incomes which are estimated to be over $85,699. This household income is the average within a three to five mile radius of the San Diego net leased property. This San Diego Single Tenant Net Leased Investment generates approximately $2.19 million of (NOI) net operating income, which amounts to about a 9.23% Cap Rate. This San Diego Single Tenant Net Leased Investment is approximately 100,516 square feet in size.

Excel Trust, Inc. has grown its Investment Property portfolio through strategic acquisitions. Excel Trust Inc. is a commercial real estate investment firm with offices in Rancho Bernardo and San Diego. The company wisely seeks high-quality regional community centers and grocery-anchored shopping centers, primarily anchored by leading national retailers. Excel Trust has an excellent strategy for net lease properties investing as the try for long-term net leases with their tenants. This investment approach can insulate them from short-term market volatility.


Contact Net Lease Properties to purchase NNN Property.

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

San-Diego-Single-Tenant-Net-Leased-Property


Bookmark & Share
Bookmark and Share

Tuesday, April 5, 2011

Stop & Shop Triple Net Leased Property Sold

Stop-&-Shop-Triple-Net-Lease-Properties-New-Jersey
Teaneck, New Jersey - Our Net Lease Properties news this evening is from the Garden State, New Jersey. A single tenant net lease property (STNL) sold in Teaneck. This (STNL) investment asset sector provides the least risk and zero landlord responsibilities or low management responsibilities, is known as the Single Tenant Net Leased category.

The New Jersey absolute NNN Lease Property sold for $10.2 million. The triple net lease property has Stop & Shop in the building with the net lease guaranteed by Ahold. The net lease property Tenant, Stop & Shop grew from a single corner grocer to a leading grocery chain of over 373 stores. These retail Stop & Shop net leased properties are situated throughout New England, New York and New Jersey. Stop & Shop strives to offer their customers the best selection of food, high quality and value for more than 90 years.

One of the best Net Lease Property Brokers, Todd Tremblay, of Marcus & Millichap Real Estate Investment Services worked on this deal. Also involved were Bob Horvath, and Mike Lombardi of Marcus & Millichap Real Estate Investment Services. The Stop & Shop net leased property was acquired by a limited liability company, H&R LLC for approximately $244 per square foot. The Stop & Shop net lease property is about 42,100 square feet and located at 665 American Legion Drive, Teaneck, with 07666 as the zip code.

The Stop & Shop net leased property is in Teaneck, which is a township in Bergen County, New Jersey. This portion of New Jersey is a suburb in the New York metropolitan statistical area. The New Jersey Net Leased Property is approximately 27 miles from the John F. Kennedy International Airport (JFK).

Single Tenant Net Lease Properties 

The single tenant net lease property is situated on approximately 3.7 acres. The existing net lease is a 20-year lease term, with about 8 years remaining. The lease contains four five-year renewal options, prime rent increases every five years and zero landlord responsibilities. A nice deal for NNN Commercial Real Estate investors, with a corporate lease with AHOLD. There was a commercial loan on the net leased property to be assumed. The commercial loan has 8 years remaining. There appears to be a balloon payment at the end of the commercial loan for about $2,900,000.

This appears to be an excellent job by Todd Tremblay and his associates to get top dollar for the net leased property seller, FW Teaneck LLC. This triple net lease property was constructed in 1961. The Florida NNN Commercial Real Estate had approximately $1,000,000 worth of recent improvements paid for by Tenants, Stop & Shop - Ahold. The Triple Net Lease Property Tenant Ahold decided to convert all of their leading New England grocery stores to the Stop & Shop banner.

The triple net leased property is in Teaneck, which covers 6.25 square miles at the crossroads of Interstate 95 and Interstate 80, an is the fourth wealthiest county in New Jersey. Also to help NNN Commercial Real Estate prosper, the median household income for this area was $94,558 in 2008. This Stop & Shop triple net leased property is only a few miles from the Garden State Parkway. The population within a five-mile radius is approximately 486,193 with the median home value at $422,483.

This Stop & Shop NNN Lease Investment is close to New York City and about 19.5 miles from Newark Liberty International Airport. The most common employers currently in Teaneck are education, health care and professional services. Teaneck, New Jersey has been the home of Holy Name Medical Center, which is a 361 bed facility, for over 83 years.

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

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 • Teaneck • Troy • Tucson • Vero Beach • Washington, D.C. • West Los Angeles • West Palm Beach • Williamsburg • Yonkers

Bookmark & Share
Bookmark and Share

Friday, April 1, 2011

New York Walgreens NNN Lease Investments

Walgreens-triple-net-lease-properties-new-york.jpg
Queens, New York - We open up Net Lease Properties news for April with a top national credit tenant, Walgreen’s. Many of our Net Lease Properties investors are actively searching for Walgreen’s Pharmacy and CVS Pharmacy triple net leased properties. NNN Lease Investments with zero landlord responsibilities can be stable, long-term investments.

The net lease property Tenant, Walgreen's was founded in 1901. This triple net leased property Tenant currently provides the most convenient access to consumer retail goods and services, and pharmacy. Walgreen's as the net lease property tenant also offers health and wellness services for America. Walgreen's has pioneered many modern retail sites and pharmacy features, some of which have become standards in the industry.

The net lease property Tenant has recorded over 30 consecutive years of record sales and earnings. As far as investment property is concerned check these reports; Walgreen’s is a Fortune "50" national credit tenant (traded under the symbol "WAG"), with an S&P "A" rating and is listed among Fortune Magazine's "Most Admired Companies", the "Platinum 400 List" and "40 Best Stocks to Retire On".

This New York triple net leased property sold for $10,400,000. This sales price for a 100% Leased, NNN Lease Property may sound higher than normal but it is not the highest sale price this year. The NNN Lease Investment was marketed at a Cap Rate of 6.25 and then slightly higher. However, the Walgreen's triple net lease property closed at approximately a 7% cap rate.

The triple net leased property buyer was Elion Real Estate Investments. The sales price for this NNN Lease Investment comes to about $1041 per square foot. This is a rare Drugstore NNN Lease Property as it has rent bumps in the option periods of the net lease. This NNN Lease Property will also benefit from sitting on a freestanding corner at a lighted intersection. We do not have information on the Commercial Loans on this NNN Lease Investment acquisition.

The Walgreen's triple net leased property is located at 112-55 Farmers Boulevard, in New York with 11412 as the zip code. The NNN Lease Investment is situated in Queens County. The triple net leased property has a Building size of approximately 9,989 square feet. The NNN Lease Property sits on a Lot size of approximately 20,000 square feet which equates to .46 of an acre. This New York triple net leased property was recently constructed in 2010 and sold by Unicorp National Developments, Inc. The absolute NNN Property appears to have opened in January of 2011.

Th Net Lease Property has over 10 years left on the lease with Walgreen's. This NNN Lease Investment with Walgreen's benefits from being in a dense residential neighborhood and this Walgreen's store is capable to become the primary pharmacy in this area of New York. The Net Lease Investment is close to retail, and various restaurants. A primary factor that this Walgreen's should be successful is that it is near several medical clinics including Albright Medical Offices and Hollis Medical.

The NNN Lease Investment has an excellent location with from frontage on three sides and along a major access artery into the Queens residential neighborhoods. Queens is the largest borough in area size, the second largest in population, and of the five boroughs, sits on the east. This Net Lease Property is positioned on the western most part of Long Island. Also Queens is home to two major New York City airports, JFK & LaGuardia.

This triple net lease property is nearby the New York Mets baseball stadium, and the US Open tennis tournament. Queens is the home for the NNN Commercial Real Estate development, the Citicorp Building. This Citicorp NNN Commercial Real Estate building is the tallest skyscraper in New York City outside of the Manhattan Commercial Real Estate district.

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


Bookmark & Share
Bookmark and Share