Triple Net Lease, 7-Eleven Anchored Properties

Irvine, California - Commercial Real Estate News for the day has 7-Eleven Inc. retaining a Commercial real-estate services organization to sell 24 retail properties. These Net Lease Properties are anchored by 7-Eleven. The portfolio, valued at approximately $40 million, is owned and operated by 7-Eleven.

The 7-Eleven anchored properties, primarily located in California and throughout the United States, all include at least one co-tenant, with AutoZone as a co-tenant in some locations. All of the 7-Eleven convenience store leases are Triple Net Lease (NNN) and guaranteed by 7-Eleven.

7-Eleven is based in Dallas, and is the world's largest operator, franchisor and licensor of convenience stores with more than 37,600 units worldwide.

Commercial Real Estate Financing & Search For Triple Net Lease Properties

If a 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 CVS, Walgreens, Target, Publix or other property.

National Retail Tenants PNC Bank & Corner Bakery Café to Florida Market

Miami, Florida - Finally, One of Florida's largest Commercial Real Estate services firms, recently announced its retail practice has been selected to identify and secure new locations for U.S. restaurant chain Corner Bakery Café. Also PNC Bank, one of America's largest financial services companies will expand in Florida.

Of course the starting process will be negotiating lease agreements with Commercial Real Estate properties. The Commercial Real Estate properties needed are as many as 15 new Corner Bakery Café locations throughout Miami-Dade, Broward and Palm Beach Counties. PNC Bank will be expanding its Florida presence to Broward County.

We look forward to Corner Bakery Café and PNC Bank as they plan their entrance into Florida's competitive restaurant and banking markets. There was rumor of Il Fornaio, who is associated with Corner Bakery, was ready to hit the Clematis Street area in West Palm Beach. That never materialized.

Corner Bakery Café is a national restaurant chain specializing in pastries, breads and gourmet sandwiches. Founded in Chicago in 1991, the chain is today comprised of 115 locations in major markets across the U.S., including Chicago, Los Angeles, Atlanta, and Philadelphia. Il Fornaio Corp. and equity investment firm Bruckman, Rosser, Sherrill & Co. LLC purchased the company from Brinker International in 2006 and subsequently launched an aggressive national franchise strategy.

PNC Bank is the banking subsidiary of PNC Financial Services, a U.S. based financial services corporation founded in Pittsburgh in 1852 as the Pittsburgh National Corporation. PNC Bank is today one of the largest financial services companies in America, with a retail presence in 15 states the District of Columbia. In 2002, PNC became the first major U.S. bank to apply green building standards to all newly constructed or renovated retail branches.

The experiences at Corner Bakery in the Buckhead area of Atlanta have been nothing but favorable. That Atlanta location is close to 2 major Shopping Centers with great locations for Commercial Real Estate.

Net Lease 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.

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.