Triple Net Lease Property with IHOP Tenant Sold

West Valley City, Utah - Today we have Net Lease Properties information from Utah. We have not performed an Investment Property search in this area for some time. Recently a Net Lease Investment sold in West Valley City. West Valley City is approximately 8.2 Miles south of the Salt Lake City International Airport (SLC) which is located at S. Rio Grande St, Salt Lake City, Utah. The address of this Net Lease Investment is 3383 Decker Lake Drive in West Valley City, Utah.

This Triple Net Lease Property owned by WB Equities was sold to a trust controlled by Moses Ouzuonian. We are not aware of the sales price yet on this net lease investment however it was being offered for $2.32 million. This Net Lease Property is a 4,114 square-foot retail building and was marketed as a 6.75% Cap Rate. This Triple Net Lease Property is situated on a 44,815 Square foot lot. IHOP restaurant has approximately 17 years left on its 25-year primary term "NNN" triple net lease. Of course the "NNN" triple net lease properties are most desired.

This IHOP Corporate guarantee on the absolute triple net lease property is a Trophy IHOP restaurant. The triple net lease began September 2002 with 10% increases every 5 years, including the three 5-year options to renew. This Triple Net Lease Property benefits from the 44,815 square feet (1.03 Acre) with 63 parking spaces. This Triple Net Lease Property also maintains a very strong location with the profitable businesses nearby. A NNN Investment Property with No Landlord responsibilities whatsoever is one of the fastest growing products for Investment Property Portfolios.

This Triple Net Lease Property is within one mile from The E-Center, Salt Lake City' s 10,000 seat entertainment venue (1-block north), the Hale Centre Theater. Other restaurants nearby are a Chili' s (next door), Ruby Tuesday' s, Training Table, and Applebees. Other businesses close to this triple net lease property are Country Inns, La Quinta Inn, Holiday Inn Express, Stay Bridges Suites, Baymont Inn, Sleep Inn, Denny' s, Cracker Barrel Restaurant, Crystal Inn, Wells Fargo, Pizza Hut, and a fresh coffee from Starbucks. A Retail Shopping Center named the Valley Fair Mall is close with Anchor Tenants such as Macy's, JC Penney's, Cinemark Theater, Olive Garden and TGI Fridays. There are over 1,200 hotel rooms in the 8 hotels located near by the absolute NNN Investment Property with Tenant IHOP restaurant.

We offer single tenant, net leased properties to qualified buyers. "NNN" Triple Net Lease Properties located on primary thoroughfares in heavy retail corridors with excellent visibility make for fine investments. Also, NNN Properties with No Landlord responsibilities in a strong retail area with an above average household income and long term net leases are highly desirable. Net Lease Properties can be purchased individually or on a portfolio basis.

CONTACT US HERE for a solid recession resistant net lease investment. Also contact us to sell your existing Net Lease Properties portfolio.

When you are purchasing Commercial Real Estate or a "NNN" Triple Net Leased Property, you can apply for CTL Financing, Non Recourse Loans and Commercial Loans at Loanrise.com.

Triple Net Lease Properties with Non-Recourse Loans

Dallas, Texas - Our Net Lease Properties data today comes from Dallas in the great State of Texas. Dallas had become a hotbed for "NNN" Triple Net Lease Properties and Apartment Buildings to invest in. A Company recently acquired 12 senior housing communities with a "NNN" triple net lease master agreement. Capital Senior Living Corporation the leasehold interests in 12 senior housing communities and certain related personal property from Signature for aggregate consideration of $25.8 million.

A Master Triple Net Lease Agreement was executed with affiliates of HCN valued at $78.8 million. Capital Senior Living Corporation is one of the country's largest operators of residential communities for senior citizens.
The Company's operating philosophy emphasizes a continuum of care, which integrates independent living, assisted living and home care services, to provide fine residents the opportunity to age in place. Their Corporate Headquarters is at 14160 Dallas Parkway, in Dallas, Texas.

Also Capital Senior Living Corporation has a market cap of $170.6 million. Capital Senior Living Corporation shares were traded at around $6.22 with a P/E ratio of 39.4 and P/S ratio of 0.9. Capital Senior Living Corp. had an annual average earning growth of 4% over the past 10 years. Reports are that many investors are getting into MOB (Medical Office Buildings) and Net Lease Properties for Healthcare facilities. Capital Senior Living Corporation is in the portfolios of Ron Baron of Baron Funds and Jim Simons of Renaissance Technologies LLC.


Commercial Loan Funding for the transaction was provided by HCN and is a Non-recourse Loan to the Company. Also, a principal obligation has not been recorded by the Company within its consolidated financial statements. This Master Triple Net Lease Agreement has a term of 15 years with one 15-year renewal option beyond the initial "NNN" Triple Net Lease term. Being that the Master Lease Agreement is a “triple net lease" whereas the Tenant pays all expenses of the properties. The Tenants pay the required expenses except for principal and interest on the Non Recourse Loans on the properties. The Master "NNN" Triple Net Lease Agreement contains customary representations and warranties as well as affirmative and negative covenants and the lease payments are guaranteed by Tenants, subsidiaries of the Company.


We offer single tenant, net leased properties to qualified buyers. "NNN" Triple Net Lease Properties located on primary thoroughfares in heavy retail corridors with excellent visibility make for fine investments. Also, NNN Properties with No Landlord responsibilities in a strong retail area with an above average household income and long term net leases are highly desirable. Net Lease Properties can be purchased individually or on a portfolio basis.

CONTACT US HERE for a solid recession resistant net lease investment. Also contact us to sell your existing Net Lease Properties portfolio.

When you are purchasing Commercial Real Estate or a "NNN" Triple Net Leased Property, you can apply for CTL Financing, Non Recourse Loans and Commercial Loans at Loanrise.com.

Net Leased Properties Purchased

Rockford, Illinois - Net Lease Properties information comes from Illinois, the land of Lincoln. A Commercial Real Estate Investment Group acquired a 66,387 square foot net-leased industrial building. The Company is Monmouth Real Estate Investment Corporation. Monmouth Real Estate Investment Corporation was organized in 1968, and is a publicly-owned real estate investment trust (REIT). Monmouth Real Estate Investment Corporation specializes in net-leased industrial properties. The Company's Investment Property Portfolio now consists of sixty-three industrial properties and one Retail Shopping Center located in twenty-five states. Commercial Real Estate Investment Group also owns a portfolio of REIT securities.

This net-leased industrial building is located in the Rockford Industrial Park in Rockford, Illinois. This Net Lease Property was purchased for approximately USD 5,850,000. This Investment Property is net-leased through 31 December 2023 to Sherwin-Williams and guaranteed by the Sherwin-Williams Company, an Ohio corporation.

The Net Lease Property was constructed in 1998, with an addition nearly doubling the square footage built in 2008. The People of Monmouth seem very pleased to purchase this Net Lease Investment with a high quality Tenant Sherwin-Williams Company. This Commercial Real Estate Investment Group has expanded their Investment Property Portfolio combining with another Sherwin-Williams facility in Burr Ridge, Illinois, purchased by Monmouth in 1997.

This Net Leased Property is located in close proximity to Rockford International Airport. The net-leased industrial building also has (Value added) expansion capabilities. A growing number of Commercial Real Estate investors are purchasing value-added opportunities, either by repositioning existing assets or undertaking new development. This approach could generate big yields, with acquisitions of gross rentable area to offer more income.

This Commercial Real Estate Investment Group also recently purchased another Net Lease Property. Monmouth Real Estate Investment Corporation (NYSE: MNR) purchased a 381,240 square foot industrial building. This Net Lease Investment is located in the South Perimeter Industrial Park. The Investment Property has an address of 900 Hutchinson Place, Wilson County, Lebanon, Tennessee. Lebanon, Tennessee is about 24 Miles east from the Nashville International Airport (BNA) in Nashville.

This second Net Lease Property was purchased for approximately $14,500,000. The Investment Property is net-leased through June 30, 2024 to CBOCS Distribution, Inc. CBOCS Distribution, Inc.is a subsidiary of Cracker Barrel Old Country Store, Inc., a Tennessee corporation. CBOCS Distribution, Inc.is a subsidiary of Cracker Barrel Old Country Store, Inc., a Tennessee corporation will guarantee the lease agreement. Reportedly, the average annual rent over the remaining term of the lease is $3.58 per square foot.

This Tennessee Investment Property was constructed in 1993. This Investment Property is Cracker Barrel's only retail distribution center and services all of its 600 country stores. This Net Leased Property is located near their corporate headquarters and is secured by a triple net lease with 13.5 years remaining. This 35-acre property is also a Value Added Property that can expanded by over 100,000 square feet. This is another excellent fit for the Monmouth Real Estate Investment Corporation (NYSE: MNR) high quality Investment Property Portfolio.

If you are in position to get into a sale-leaseback with your Publix Net Leased Properties, Walgreen's Net Leased Properties, McDonald's Net Leased Properties or other "NNN" Triple Net Lease Properties, CONTACT US HERE. We have a list of Investors desiring to purchase Investment Property with a sale-leaseback of Investment Grade Credit Tenants.

CONTACT US HERE for a solid recession resistant net lease investment. Also contact us to sell your existing Net Lease Properties portfolio.

When you are purchasing Commercial Real Estate or a "NNN" Triple Net Leased Property, you can apply for CTL Financing, Non Recourse Loans and Commercial Loans at Loanrise.com.

Net Lease Properties for Investment Property Acquisitions

Palm Beach Gardens, Florida - We have seen investors become dissatisfied with the problems associated with the stock market over the past few years. More and more investors have become familiar with Net Lease Properties. Net Lease Properties offer the ease of owning commercial properties that are occupied by national tenants who are often credit rated, using the contract of a triple net lease with a long-term.

We are seeing many Real Estate Investment Trusts (REIT) and foreign Investors acquiring available net lease properties. We see some REITs and private investors with a strategy of Net Lease Properties at 85% of their Investment Property Portfolio. A net lease property investment is under contract whereas the lessee is bound by to pay any expenses related to the ownership of the property, including but not limited to utility bills, building repairs, annual taxes and insurance needs. Triple Net Lease Properties "NNN" are still our most desired investment holdings, as explained below.

Triple Net Lease Properties, also known as "NNN" deals are typically single-tenant retail properties leased to Investment Grade tenants. A triple net lease (Net-Net-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance on the property. In addition to any normal fees that are expected under the agreement (rent, etc.) being paid by Tenant, this offers the landlord a Net Lease Investment with no responsibilities.

Net Lease Investments are in high demand and are a great source for Investors active with a 1031 exchange and 1033 exchange. There are plenty of benefits of Net Lease Investments such as using a 1031 tax deferred exchange. Unlike other investments, commercial real estate is a great tax saver and helps you defer capital gains tax by using the 1031 tax deferred exchange. Also possible with net lease investments is that financing could be in place which can be assumed to meet the debt/equity requirements of Section 1031.

We would like to touch on the topic of sale-leaseback Net Lease Properties transactions. The sale-leaseback market is beginning to show signs of recovering. Investment Property sales had slowed in the past 2 years, according to Real Capital Analytics (RCA). This affected the sale-leaseback market. In many cases Corporations will dispose of their commercial real estate through a sale-leaseback transaction. The sale-leaseback allows them to extract equity out of their commercial real estate and deposit it into their business. Companies that want the extra capital available and the flexibility of leasing should consider a sale-leaseback.

If you are in position to get into a sale-leaseback with your Publix Net Leased Properties, Walgreen's Net Leased Properties, McDonald's Net Leased Properties or other "NNN" Triple Net Lease Properties, CONTACT US. We have a list of Investors desiring to purchase Investment Property with a sale-leaseback of Investment Grade Credit Tenants.

CONTACT US HERE for a solid recession resistant net lease investment. Also contact us to sell your existing Net Lease Properties portfolio.

When you are purchasing Commercial Real Estate or a "NNN" Triple Net Leased Property, you can apply for CTL Financing, Non Recourse Loans and Commercial Loans at Loanrise.com.

CVS Net Lease Investment Sold

Washington, DC - Net Lease Properties information today comes on one of favorite Tenants, CVS. A Net Lease Investment, with a CVS pharmacy, sold for $11.7 million. The Net Lease Property with CVS as Tenant is in a high traffic location of Adams Morgan. This is a prime, in-fill location for Net Lease Investments. Being in this high density, urban location, should make for a solid Net Lease Investment. CVS is a Credit Tenant and has an investment grade credit rating of S&P: BBB+. Our Investors seek Investment Property in the heart of Washington, DC's Adams Morgan neighborhood.

This Net Lease Property relocated for expansion to this Net Lease Site from across the street where they were procuring over $940 per square foot in retail and pharmacy sales. The Net Lease Property is located at 1751 Columbia Rd. NW. The Net Lease Investment buyer was BGG Associates-DC LLC and BGG Associates-DCGL LLC. This Investment Group paid $932.43 per square foot.

Using this strategy of investing in Net Lease Investments with an investment-grade credit tenant and a long-term passive lease are profitable and solid. Also we have heard much talk on Net Leased Properties in the Washington-area with pharmacy tenants being at the top of the wanted list for Investors. Net Leased Properties with Walgreen's or CVS creditworthiness, centrally located, with long term leases in newer buildings, make for a highly desirable investment.

Net Lease Properties & Commercial Loans

CONTACT US HERE for a solid recession resistant net lease investment. We can assist you with your search for Net Lease Investments. Also contact us to sell your existing Net Lease Properties portfolio.

Here are some of the Retail Single Tenants that may be available as a Net Lease Investment or Triple Net Lease Property:

• 24 Hour Fitness Net Lease 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
  

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

Triple Net Lease Video, Dollar General

We have a short Video with an explanation of how Dollar General has moved from a Gross Lease Structure to a Triple Net Lease Structure.

Commercial Real Estate Funding & Search For Triple Net Lease Properties

If you feel this is the right time to invest in Commercial Real Estate, Multi-Family Apartment Buildings, or Triple Net Lease Properties then contact us, HERE. We can also assist you with your Commercial Real Estate Mortgage and Net Lease Funding to purchase a new property. Let us help you secure financing for a Dollar General, Net Lease Property.

Dizengoff purchases Florida Commercial Real Estate

The Dizengoff-Trading Group, which is an Israeli trading and real estate development company, has purchased Colonial Promenade Winter Haven, a open-air shopping center.
The Florida Commercial Real Estate is located at 303-399 Cypress Gardens Blvd. in Winter Haven. The purchase price was reported at $20.75 million.

This Strip Center has a Super Wal-Mart with a long term lease. Wal-Mart is a creditworthy anchor and creates high traffic for other tenants in the center, especially in this busy part of town. Additional national-brand tenants include Dollar General, Citi Financial, CiCi’s Pizza and Verizon Wireless.
Super Wal-Mart and Dollar General are highly desired for Net Lease Property Investments.

Dizengoff Group began its real estate activities in 1986 and has since earned a place amongst Israel’s leading real estate developers.
This Israeli real estate firm expanded to Boca Raton, in South Florida.