Aspen Dental and Mission BBQ Strip Retail Center For Sale

 

 This Retail Property is Off-Market.

Contact us for other Commercial Properties.

O’Reilly Commercial Realty LLC 

Patrick O’Reilly  

Phone: (352) 237-2222  

Email: OreillyCommercialRE@gmail.com

Commercial Property Listing at 8440 Blanding Blvd., Jacksonville, FL 32244

Jacksonville Florida Retail Property For Sale

Price:

$4,456,000

Gross Leasable Area:

7,800 SF

Price per SF:

$571.28

Property Type:

Retail

Property Sub-type:

Strip Center

Property Use Type:

Net Lease Investment with

10+ years left on lease

Cap Rate:

6.25%

Occupancy:

100%

Tenancy:

Multiple

Year Built:

2015

Lot Size:

1.44 AC

Highlights of Florida Investment Property

• Corporate Guarantee Fully-stabilized investment backed by Aspen Dental and Mission BBQ.
• Long Term Leases Ten (10) year lease terms accompanied by three (3), five (5) year renewal options.
• Desirable Rent Increases Leases feature rental increases every five (5) years in the primary term and option periods.
• Built-In Customer Base Less than 5 miles from Jacksonville Naval Complex, the largest U.S. Navy base in Southeast with 23,000+ military personnel.
• Premier Retail Corridor - positioned at a signalized intersection directly off Interstate 295 in Orange Park's dense retail trade corridor
• Population of 150k+ Over 56,000 households and a population of 150,000 within a five (5) mile radius.

Description of Commercial Real Estate Listing

The Stan Johnson Company is pleased to offer for sale to qualified investors the fee simple interest in a brand new multi-tenant retail property located at 8440 Blanding Boulevard in Jacksonville, FL. The 7,800 square foot freestanding building is 100% leased to national tenants, Mission BBQ and Aspen Dental. Both tenants will operate under corporate ten (10) year NN leases with three (3), five (5) year renewal options and rental increases every five (5) years in the primary term and option periods. Newly constructed in 2015, the property is strategically located less than five (5) miles from Jacksonville Naval Complex, the largest U.S. Navy base in the Southeast and is home to over 23,000 military personnel. The subject property also benefits from a premier retail trade location at a signalized intersection directly off Interstate 295 with exposure to over 92,000 vehicles per day.

Jacksonville is the largest city in the state of Florida by population and the largest city by area in the contiguous United States. It is the county seat of Duval County and the principal city in the Jacksonville metropolitan area, with a population of 1,345,596 as of 2012. Jacksonville is home to many prominent corporations and organizations, including the headquarters of four Fortune 500 companies: CSX Corporation, Fidelity National Financial, Fidelity National Information Services and Southeastern Grocers. Interline Brands is based in Jacksonville and is currently owned by The Home Depot. The Florida East Coast Railway, Swisher International Group and the large short line railroad holding company RailAmerica are also based in Jacksonville  

Financial Summary - Major Tenant Information
Actual

• Net Operating Income
  $278,500

  8440 Blanding Boulevard., Jacksonville, Florida 32244 (Duval County)

 Listing information courtesy of Stan Johnson Company. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, solely to identify potential properties for potential purchase.






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Wawa Net Lease Properties coming to Fort Lauderdale

Fort Lauderdale will soon have a Wawa Convenience store and gas station. This Wawa chain which is very popular in the Tampa Bay and St. Petersburg areas will see a South Florida expansion plan. The first Wawa net lease property location should be in Broward County more particularly in Fort Lauderdale.

Our city of Fort Lauderdale has the Development Review Committee checking plans to see if they will allow construction to start. This commercial real estate construction would be a Wawa at the location 6001 N. Powerline Road. That location would receive plenty of traffic as it is on the southwest corner of the busy Cypress Creek Road. This portion of Fort Lauderdale has the Executive Airport, numerous office buildings as well as some Florida hotels.

Wawa Triple Net Lease Properties For Sale

These Wawa NNN Lease properties are perceived by many as a tremendous investment opportunity. These Wawa Triple Net Lease Properties For Sale are normally properties which are situated in tactical locations which receive high traffic counts. Many Florida Property Investors prefer the Wawa Convenience store and gas stations sitting on hard signalized corners.

Our Fort Lauderdale Wawa could end up with about 5,161 square feet and then have the fueling positions on the property. The Florida Real Estate developers also have plans for a 4,479 square-foot building for a McDonald’s as well as an approximate 6,328 square-foot Krispy Kreme retail net lease property. There could be other NNN Lease Property tenants if approve by Fort Lauderdale Development Review Committee.

Wawa Net Lease Properties in Florida

Wawa is a Pennsylvania based company with plans to open many more service stations in South Florida. Again as those of us who visited a Wawa in the Tampa Bay area well you will know they have plenty of fresh food including delicious sandwiches made in front you, soft drinks and coffee. While the Wawa in Fort Lauderdale is planned at Cypress Creek Road and Powerline Road, there should be more. Public County documents show that additional Wawa locations are planned in Sunrise, Davie, Parkland, Pompano Beach, Deerfield Beach, West Palm Beach, Riviera Beach, and Palm Springs (Lake Worth).

Net Leased Tenant Description

The majority of the Wawa triple Net Lease investments are Absolute Triple Net with No Landlord management responsibilities. The Company, Wawa is highly sought after by investors as it is a national tenant ranked #40 in Forbes top private companies. The most recent reports showed Wawa Company maintains an investment grade credit rating.

These net lease property investors welcome Wawa to the commercial property market. Wawa convenience stores and gas stations offer a bright future for net lease property investors. The privately owned company, Wawa is believed by many to be one of the most solid convenient store operators in Florida.

If you have the inside track on market conditions and have faith in your proven strategies then it is time to buy Florida Commercial Properties. The right opportunities are coming forward at the right time. The investment management firms, REITs and our private investors can check our website for the latest Florida Commercial Property Listings.

Contact us for Commercial Properties For Sale in Florida.

O’Reilly Commercial Realty LLC
Patrick O’Reilly
Phone: (352) 237-2222
Email: OreillyCommercialRE@gmail.com





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Commercial Real Estate News for Florida

NNNCommercialRealEstate.com

Four big proposals in Broward city, including waterfront building by major New York developer

Pompano Beach officials will consider four big development proposals, including a multifamily building by major New York developer Chetrit Group and an oceanfront condominium.

The items are set for a hearing before the city’s Development Review Committee on Jan. 20. They would need a city council vote for final approval.

Led by Meyer Chetrit and Joseph Chetrit, the Chetrit Group is one of the largest property owners in New York City and it’s made headlines in Miami with a proposal for a huge mixed-use project along the Miami River.

In Pompano Beach, Chetrit Group affiliate CG Hillsboro Shores filed a land use amendment that would allow 122 units at 2629 N. Riverside Drive and 2507 N. Ocean Blvd. The 4.2-acre site is on the Intracoastal Waterway near the Hillsboro Inlet. It currently has a marina and boat slips.

Chetrit Group plans to build 108 multifamily units and 14 townhouses there. The developer pledged to improve the marina and boat slips. It acquired the property for $6.4 million in January 2015. Attorney Bonnie Miskel, who represents CG Hillsboro Shores in the application, couldn’t be reached for comment.

Condo on the beach

The Ocean Sapphire condominium would have 29 units right on the beach at 700 Briny Ave. The rezoning application was filed by Chrome Group, managed by Maria Giglio, Michael K. Fish, and Lourdes Ors in Miami. It acquired the 1.3-acre site for $3.69 million in 2014. Garcia Stromberg is the architect for the project. Miskel, who represents Chrome Group, couldn’t be reached for comment.


See more at http://www.bizjournals.com/southflorida/news/2016/01/19/four-big-proposals-in-broward-city-including.html?iana=ind_cre

The NNN Property Northwood Plaza Sold In Florida

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 a suggested Broker.






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Commercial Real Estate News For South Florida

Palm Beach Gardens, Florida - Net Lease Properties news today centers around commercial real estate in south east Florida. First of all, a retail strip center in Palm Beach Gardens sold. This retail strip center has sold for $740,000. It is known as Clocktower Plaza as is located at 4203-4241 Northlake Boulevard, just west of the I-95 exit. This strip center sits behind a Gas Station at Northlake Boulevard and Keating Drive.
Reports are that this retail strip center was on the market only 22 days before going under contract.
We are not seeing too many Net Leased Properties for sale, in this area. An Office Building
Strip Center, Net Lease Investment with 3 years left on the lease, is being marketed in Lake Park, Florida.

For next bit of Commercial Real Estate News, we travel down to Pembroke Pines, Florida. Pembroke Pines sits west of Fort Lauderdale and Hollywood, not far from Miami Beach Commercial Real Estate investments.
The Taft Retail Center sold for $734,000. The Taft Retail Center is located at 1591 NW 77th Way in Pembroke Pines and is 6,700 square feet. The seller was a local private trust and sold the property to a foreign investor.
The property was built in 1973, and is currently 100% leased. The leases are to three long-term tenants. Taft Market & Deli leases a portion of the property as does Angie's Pet Spa & Boutique, and Bitter Blue Lawn & Garden.
This area currently has a net leased property, that is an Office Building being marketed.

Net Lease Properties & Financing

If Shopping Centers, Net Lease Properties or Apartment Buildings are of interest to you then contact us, HERE. We can also assist you with your Commercial Real Estate Mortgage and Net Lease Funding to purchase a CVS, Walgreens, Target, Publix or other Net Lease property.

Naples Shopping Center News On Leased Property

Naples, Florida - Net Lease Properties revisits an article we did earlier in the year on Commercial Real Estate in Naples, seen here.

News today is that four new retailers, representing more than 8300 square feet of space, have signed leases at Marquesa Plaza. The Naples Shopping Center is a 115,000 square foot neighborhood retail center located at the intersection of Livingston Road and Pine Ridge Road.

The new retailers leasing space are Excel Physical Therapy, Perfect Dry Cleaning, Allstate Insurance and Zoom Tan.
Investment Properties Corp., the exclusive marketing and leasing representative for Marquesa Plaza, handled negotiations on behalf of the landlord in these net leased transactions.

Marquesa Plaza was constructed in 2007, and now the shopping center is 58% leased.
After noticing an increase in new retail activity in the Naples Shopping Center, the Landlords expect more action for Net Leased transactions.

Currently the Naples Shopping Center has 24 tenants including Starbucks Coffee, First American Bank, Anytime Fitness, First Watch Restaurant, Carvel Ice Cream, Sunshine Pharmacy and Five Guys Burgers and Fries.

Net Lease Properties & Financing

If Shopping Centers, Net Lease Properties or Apartment Buildings is of interest to you then contact us, HERE. We can also assist you with your Commercial Real Estate Mortgage and Net Lease Funding to purchase a CVS, Walgreens, Target, Publix or other Net Lease property.

Land Converted into Net Lease Properties

DAYTONA BEACH, Florida - Net Lease Properties has reports on an interesting company, Consolidated-Tomoka Land Co. They have a very basic business model. Their plan may be expanded both vertically and horizontally. Examples of vertical integration would be to develop and manage income properties in addition to the current practice of only owning them. Examples of horizontal integration would be to sell and manage real estate owned by other parties.
Consolidated-Tomoka Land Co. today reported net income of $126,829 or $0.02 earnings per basic share for the quarter ended June 30, 2010, compared with net income of $187,809 or $0.03 earnings per basic share for the same period in 2009.
This Daytona Beach Company has a business strategy of investing in income properties utilizing tax deferred exchanges. This strategy generates significant amounts of depreciation and deferred taxes.
Since income properties are excellent collateral for loans, the introduction of financial leverage could be a very powerful way to expand current activities.

Their portfolio of income properties continues to keep the Company profitable. The Company has seen no measurable improvement in the real estate sales market during the quarter. They believe the lack of lending sources to finance new projects coupled with weak consumer confidence is slowing recovery in this sector of business.

Consolidated-Tomoka Land Co. is a Florida-based company primarily engaged in converting Company owned agricultural lands into a portfolio of net lease income properties. These Net Leased Properties are strategically located in the Southeast. They currently utilize 1031 tax-deferred exchanges.
The Company also engages in selective self-development of targeted income properties. The Company's adopted strategy is designed to provide the financial strength and cash flow to weather difficult real estate cycles.

Search For Net Lease Properties & Commercial Loans

If you feel this is the right time to invest in Commercial Real Estate, Apartment Complexes, Shopping Centers or Net Lease Properties then contact us, HERE. We can also assist you with your Commercial Real Estate Loans and to purchase a new property.

Acquisition of 2 Shopping Centers in Port St. Lucie

Port St. Lucie, Florida - Net Lease Properties site has news on acquisitions. Inland Real Estate Acquisitions Inc. has recently purchased two retail shopping centers in Port St. Lucie, Florida. Port St. Lucie is approximately 49 miles north of Palm Beach. The purchase price for these two retail shopping centers is for $73.7 million. These shopping centers were bought on behalf of Inland Diversified Real Estate Trust Inc. Inland Diversified Real Estate Trust, Inc. is a newly formed corporation that intends to be taxed as a Real Estate Investment Trust (REIT).

Here is a description of the Publix anchored shopping center. The Tradition Village Center, which is anchored by a Publix grocery store is 112,421 square-feet. The REIT also bought a portion of the 359,775 square-foot, The Landing at Tradition power center.

The Publix Super Market is at Tradition Square at 10400 SW Village Center Drive, Port Saint Lucie. If you are in the area, don't miss Kilwin's. Kilwin's is located at 10478 SW Village Center Drive, Port St Lucie.

Kilwin's has been a celebrated part of Northern Michigan since 1947, and has a reputation for its quality products and excellent service. Their fudge and desserts are great.

Commercial Real Estate Investors have discussed these quality assets, located in an upscale Sun Belt community. These Net leased properties serve the population’s current needs quite well and have the potential for long-term growth.

Recent reports had these properties on the market for more than two years and the original asking price was $115 million. Both retail shopping centers are part of a recently-constructed master planned community in Port St. Lucie.

Search For Net Lease Properties & Commercial Loans

If you feel this is the right time to invest in Commercial Real Estate, Apartment Buildings, Shopping Centers or Net Lease Properties then contact us, HERE. We can also assist you with your Commercial Real Estate Loans and to purchase a new property.

New Publix Anchored Shopping Center Proposed

Fort Myers, Florida - Net Lease Properties news for today has a Publix anchored shopping center coming to North Fort Myers.
This Commercial Real Estate will be a shopping center and Publix grocery store. This Publix anchored shopping center is located at the southwest corner of Bayshore and Slater Roads in North Fort Myers. The shopping center's anchored by the 46,500 square foot Publix store will also include 23,760 square feet of local shop space.

The Publix anchored shopping center will be the first phase of a 70 acre mixed-use project. In time this will include a 175-lot residential subdivision to be located just south of the shopping center. The new subdivision development is slated for 2012-13. The shopping center could break ground in October of this year if sufficient local shop leases are procured.

This Commercial Real Estate Investment will also include 4 out-parcels for banks, gas stations, fast food and sit down restaurants, and other businesses.

Search For Net Lease Properties & Commercial Loans

If you feel this is the right time to invest in Commercial Real Estate, Multi-Family Apartment Buildings, Shopping Centers or 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.

Net Lease Properties News & Financing

Palm Beach, Florida - Net Lease Properties is announcing that Brenner Real Estate Group, a commercial real estate firm has 2 new lease transactions.
A new lease of Commercial Real Estate within Melbourne, Florida and a lease renewal on Commercial Real Estate in Palm Beach, Florida.
The first transaction is The Gold & Silver Refinery has leased 948 SF of retail space within Suntree Plaza, in Melbourne.

The other transaction was involving Evelyn & Arthur, Inc. Evelyn & Arthur, Inc. is a women’s retail clothing store which has been open for 25 years. Evelyn & Arthur, Inc. has seven Florida locations. They have renewed its office and retail lease of 2,475 SF in Palm Beach. Evelyn & Arthur, Inc. address is 100 North County Road, in Palm Beach, Florida, 33480. The beautiful Palm Beach location is the original store established by the owners. Evelyn & Arthur, Inc. located at the corner of Royal Poinciana Way and North County Road, 1 block North of The Breakers Hotel.

Search For Net Lease Properties & Commercial Loans

If you are ready to invest in Commercial Real Estate, Multi-Family Apartment Buildings, Shopping Centers or Net Lease Properties then contact us, HERE. We can also assist you with your Commercial Real Estate Mortgage and Non-Recourse Loans to purchase a new property.

REIT Secures $46.0 Million For 2 Credit Tenant Lease Investments

North Palm Beach, Florida - A real estate investment trust (REIT) focused on single-tenant real estate investments, has announced that it closed on a $37.0 million Non-Recourse Loan (first mortgage loan) secured by its approximately 295,000 square-foot office building. This Commercial Real Estate Investment is located in the University of Utah's Research Park in Salt Lake City, Utah.
The second NNN Commercial Real Estate Investment is used to secure a $9.0 million Non-Recourse Mortgage (a first mortgage loan) is its approximately 128,000 square foot office facility located in Greenville, South Carolina.

The real estate investment trust, (REIT) has one asset in Salt Lake City, Utah is leased to the University of Utah and consists of a leasehold interest with a remaining term of 18 years. This new Non-Recourse loan bears an interest fixed rate of 5.527% and fully amortizes over 18 years.

The real estate investment trust, (REIT) has the other asset in Greenville, South Carolina. This Non-Recourse Mortgage is a fee interest and is leased to a Car Insurance Company for a 20-year term. The new loan requires interest-only payments at a rate of 5.50% and matures on January 15, 2015.

Commercial Real Estate Search & Mortgage Loans

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, Net Lease Properties Site . We can also assist you with your Commercial Real Estate Mortgage and Non-Recourse Loan to purchase a new property.

NNN Pep Boys Sold & Multi-Family Complex Investment Opportunity

Orlando, Florida - A Triple Net Lease Property has sold for a $3.73 million sale price. This Triple Net Leased Property is a 22,000 square foot retail building occupied by Pep Boys Auto. The Commercial Real Estate Investment is located in Orlando. The tenant is currently operating under a 15-year Triple Net Lease (NNN), with 1.5% annual rental increases.

Multi-Family Complex Investment Opportunity

Over 250 units in this Multi-Family Complex

Purchase Price is under $10 million

Cash on Cash Return is over 20%

An excellent long term investment opportunity that provides above average rate or return for the long term with minimal risk and excellent inflation protection.

If this Multifamily Apartment Complex is of interest to you then contact us, HERE. We can also assist you with your Commercial Real Estate Mortgage and Net Lease Funding to purchase a Walgreens, Target, Publix or other property.

New Panera Bread Lease Signed

Tallahassee, FL - Regency Centers, who is a national owner, operator and developer of grocery-anchored and community shopping centers, has recently leased Commercial Real Estate, in Tallahassee, Florida. The newly leased space is located at Ocala Corners, and is being leased to Panera Bread.
Panera Bread has tastee deli sandwiches, salads and soups. Panera Bread has leased 3,600 square feet of restaurant space and is getting ready to open for business this summer.
Regency Centers leases the 86,771 square foot shopping center in Tallahassee. It is anchored by a 61,171 square foot Publix supermarket alongside national retailers such as Gamestop, Supercuts, Tropical Smoothie Café, Planet Beach and Plato’s Closet.
Many qualified Real Estate Investment Trust are showing interest in Publix, Walgreen's and other Net Lease Properties.

Net Lease Funding & Search Commercial Real Estate

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.

Lender-Owned Apartments sell in Tampa

Tampa, Florida - Marcus & Millichap Real Estate Investment Services has recently announced that 121 units at a failed condominium conversion, named Legacy at Tampa sold for $2.1 million. This equates to $17,355 per unit, which we feel is a fantastic deal for a Commercial Real Estate Investment, especially in Tampa.
This is not a nice return for Compass Bank, which took the condo community back from Group Developers LLC last July. Apparently Group Developers were only able to manage to sell just 47 units averaging just under $182,000 each.

Reports of the Buyer have been hush, hush. We will have to give the Commercial Real Estate Investors very high marks to pull of this purchase of the Legacy at Tampa, Apartment Complex.

Constructed in 1983, the community was operated as an Apartment Community until mid-2006 when it was purchased and converted to condominiums. Sales commenced in 2007, and between May 2007 and March 2008 some 47 condos were sold at an average price of $181,864 per unit.

The location of Legacy at Tampa is at 13801 N. 37th Street in Tampa, Florida.

Commercial Real Estate Search & Non-Recourse Loans

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 Non-Recourse Loan to purchase a new property.

Multi-Family Investment Property Sells in Naples

Naples, Florida - Net Lease Properties information today is regarding the Apartment Building Sector. Investment Firm TGM Associates LP has purchased the 360-unit Bermuda Island Apartments for $29.5 million. The Investment Property price equates to $81,944 per unit for the Multi-Family Apartment complex. One of the factors to help produce the sale of this Multi-Family Complex is approximately 90% occupied, with Tenants.

The Multi-Family Investment, on Livingston and Vanderbilt Beach roads, is adjacent to the Ritz Carlton’s Tiburon Resort and Club.

This Apartment Complex was completed in 1998 and this Multi-Family community consists of 12 three-story residential Apartment buildings of wood frame and hardy plank construction. This Multi-Family Investment contains 376,512 square feet of net area for Lease. The Apartment buildings feature one, two and three bedroom floor plans ranging in size from 662 sf to 1,606 sf.

Bermuda Island Apartment Buildings are surrounded by a two-acre lake. The gated complex also features a 2,000-square-foot fitness center, garages, a beach volleyball court, a jogging path and two lighted tennis courts. Apartments in the development lease from $769 a month for a two-bedroom unit to $1,069 for a three bedroom apartment for lease.

TGM Associates will manage the facility. The New York City-based Investment Firm already owns the Floresta Apartments and Vintage at Abacoa Apartments in Jupiter, Florida and Hunters Way Apartments in Jacksonville.

Commercial Real Estate Search & Non-Recourse Loans

If you feel this is the right time to invest in Commercial Real Estate, Multi-Family Apartment Buildings, or Net Lease Properties then contact us, HERE. We can also assist you with your Commercial Real Estate Mortgage and Non-Recourse Loan to purchase a new property.

Anchor Tenant Publix Opens in Ponte Vedra

PONTE VEDRA, Florida - Net Lease Properties information today is regarding Publix. Regency Centers has recently announced the opening of a 54,340 square foot Publix supermarket at Nocatee Town Center. This Publix has leased the Property at Crosswater Parkway and Nocatee Parkway in Ponte Vedra.

This Publix Retail Store will include a Publix pharmacy, bakery, deli, floral and fresh seafood and will employ approximately 90 associates.

The Publix will be the first Retail store to open its doors in the new Nocatee Town Center. This Publix Retail store is in the Town of Nocatee, a master-planned community of more than 15,000 acres in northeast St. Johns County. Regency closed on the purchase of 21.44 acres of undeveloped land in December 2007 to develop the 69,802 square foot Retail Shopping Center that includes some small shop space and up to six outparcels.

Regency is the leading national owner, operator, and Developer of grocery Anchored and community Shopping Centers. The Company owns approximately 400 Retail Properties.

If you feel this is the right time to invest in Commercial Real Estate, Apartment Buildings, Net Lease Property or a Retail Shopping Center, CONTACT US HERE. We can also assist you with your Commercial Real Estate Mortgage and Non-Recourse Loan to purchase a new property.

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 eradicate capital gains tax by using the 1031 tax free exchange.

Healthcare Trust (REIT) buys Medical Office Building

JACKSONVILLE, Florida - Healthcare Trust of America Inc. has recently reported that it has acquired a Medical Office Building. This Office Building is on the campus of St. Vincent’s Medical Center. The Purchase price was in the vicinity of $10.8 million. The Seller was an Investment Group called King Street Investors LLLP.
Healthcare Trust of America Inc., a self-managed, non-traded, Real Estate Investment Trust (REIT), completed acquisition of the 53,169 square foot Medical Office Building in Jacksonville.

King Street Medical Office Building is 100% occupied and is home to the Gary and Nancy Chartrand Heart & Vascular Center. The Medical Office Building, now owned by the REIT, is connected via skybridge to the 528-bed hospital and parking structure at 1 Shircliff Way. A St. Vincent’s representative said King Street Investors leased the land from the hospital, and that Lease will continue with the new owner.

Healthcare Trust of America, is based in Scottsdale, Arizona. This Real Estate Investment Trust owns 7.5 million square feet including 163 Medical Office Buildings. This REIT also owns six hospitals, nine skilled nursing and assisted living facilities and four other Office Buildings in 21 states.

If you feel this is the right time to invest in Commercial Real Estate, Apartment Buildings, or a Net Lease Property especially a Triple Net Lease Property then contact us, HERE. We can also assist you with your Commercial Real Estate Mortgage and Non-Recourse Loan to purchase a new property.

Commercial Real Estate in Naples Florida

Shopping Center Leases

NAPLES, Florida - Net Lease Properties wants to inform Florida that CR South, a partnership between Continental Realty Corp. and Forman Capital LLC, has a new acquisition. They purchased Marquesa Plaza. This Naples Florida Shopping Center is a 115,000 square foot Retail center. This Commercial Real Estate is located at the intersection of Livingston Road and Pine Ridge Road in Naples, FL.
The purchase price was for $11 Million. The previous owner was Marquesa Plaza LLC.

This Commercial Real Estate was constructed in 2007. The neighborhood shopping center is currently 50% leased and features 19 tenants including Starbucks Coffee, First American Bank, Anytime Fitness, Carvel Ice Cream, Sunshine Pharmacy and one of our favorites, Five Guys Burgers and Fries.

The new ownership group has marketing and leasing activities aimed at targeting complementary retailers to add to the Marquesa Plaza Tenant mix.

If you feel this is the right time to invest in a Triple Net Lease properties or other Commercial Real Estate then contact us, HERE. Net Lease Properties can also assist with your Mortgage to purchase it.

Commercial Real Estate
11420 U.S. Highway 1
North Palm Beach, FL 33408
(561) 299-0912‎

Shopping Center with Tenants on Lease Sold

Commercial Real Estate

BOCA RATON, FL - Net Lease Properties would like to announce the sale of Yamato Plaza, in Boca Raton, Florida. It is a 6,065 square feet Shopping Center in Boca Raton. Yamato Plaza LLC sold the property for $900,000 to Ablar Yamato LLC.

Yamato Plaza is in the Arvida Park of Commerce on Yamato Road. It is just west of I-95 and is adjacent to Lifetime Fitness. McDonald's and Hampton Inn. The Tenants with leases include Dean Anthony’s Pizza, Fresco Food Works and Bluefin Express Sushi.

This area is always hopping. Triple Net Lease Properties are a gem in this area. There are also some nice Apartment Buildings in Boca Raton, Florida. South Florida is a beautiful area to live as well.

If you feel this is the right time to invest in a Triple Net Lease property or an Apartment Building then contact us, HERE. Net Lease Properties can also assist with your Mortgage to purchase it.

Commercial Real Estate
11420 U.S. Highway 1
North Palm Beach, FL 33408
(561) 299-0912

Net Lease Publix Coming to Florida

Triple Net Leased Properties Investing

Port Richey, FL - A new Publix is coming to Pasco County. It is an area in Florida that People living in nearby Suncoast Lakes and other subdivisions have been waiting for.
The Lakeland-based Publix Super Market chain has announced it will open a store at the northwest corner of S.R. 52 and Hays Road. The new store will be 45,000 square feet with a pharmacy.

Haysvest LLC is expected to break ground on Hays Towne Center. This is a 110,000 square foot, two-phase project. It will have Publix as the Anchor Tenant, for the shopping center.

Located a half-mile west of the Suncoast Parkway, the project was designed by the Tampa office of Lyman Davidson Dooley Inc. The Commercial Real Estate Lender is BB&T Bank. Colliers Arnold is in charge of leasing and the sale/lease of the two outparcels.

Publix remains a strong Triple Net Lease Property to add to your Portfolio.
If you feel this is the right time to invest in a Triple Net Lease property then contact us, HERE to find it and/or your Mortgage to purchase it.

Commercial Real Estate
11420 U.S. Highway 1
North Palm Beach, FL 33408
(561) 707-7712‎