NNN Lease Investment for 1031 Exchange

Hendersonville, North Carolina - Our Net Lease Properties news today comes from the beautiful State of North Carolina. We thought many Florida Triple Net Lease Properties Investors would move to North Carolina and Tennessee. However, after the crushing residential market in Florida expanded across the Country, many stayed put in Florida. Our Net Lease Property checked revealed the sale of a Walgreen's Pharmacy. This net lease property is a 15,371 square foot, single-tenant investment. This net leased property is located in Hendersonville, North Carolina.

Hendersonville, North Carolina is located approximately 20 miles southeast of Asheville, North Carolina. This Net Leased Property is in Henderson County. Henderson County is part of the four-county Asheville Metropolitan Statistical Area, and remains one of the mot highly populated areas in North Carolina. With numbers like these for retail traffic, this is a wise choice for triple net lease properties. The historic downtown of Hendersonville has a well-preserved Main Street district with many restaurants, antique shops, and boutiques. Hendersonville is home to many festivals throughout the year and maintains a steady amount of tourism from the surrounding vacation destinations.

This unique net-leased investment gives this savvy investor a long-term net leased property with an A+ rated tenant in the well-established bedroom community of Hendersonville, North Carolina. The net lease property address is 1148 Asheville Hwy, Hendersonville, NC 28791. The Net Lease Investment was purchased for $5,033,000.

This Net Lease Property had a rent commencement date of February 16, 2009. The whereabouts of the net lease investment is on the NE corner of the intersection of Oakland Street and Asheville Highway/US-25. This is a desirable location for triple net lease properties as the intersection is considered the epicenter of Hendersonville. Also US-25 serves as the main north-south commercial corridor that runs through the historic downtown district. Again, a wise investment as this Net Lease Property has No Landlord responsibilities, and the tenant is responsible for all expenses, including taxes, insurance and CAM.

This net lease property site was strategically chosen due to its proximity to the Margaret R. Pardee Memorial Hospital, various (MOB) medical office buildings and the local high school and middle school. Nearby net lease properties are National retailers such as SunTrust, Exxon, Rite Aid, Ingles, Bank of America, Burger King and Sprint are all located in the immediate vicinity.

We specialize in providing Triple Net Lease Properties to investors who are involved in a 1031 exchange.
CONTACT US HERE for:
Commercial Lease Properties
Triple Net Properties
Investment Property For Sale
Buying Investment Property
NNN Lease
Net Leased Properties
1031 Exchange Property Solutions
NNN Properties
Net Leased Investments

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.



Bookmark & Share

Net Lease Properties & 1031 Exchange Conference

New York - Net Lease Properties has news on an upcoming event for players in the net lease properties, 1031 and sale leaseback markets.


France Publications and its InterFace Conference Group will bring together all of the leading players in the net lease, 1031 and sale leaseback markets for InterFace Net Lease, a national networking conference in New York City on September 23rd (cocktail reception to be held the night before on September 22nd). Organized by InterFace Vice President Rich Kelley, who has produced national net lease conference events for more than 10 years, InterFace Net Lease will focus on:

• What net lease lenders are active in the current debt market and how have the financing terms changed over the past year?
  
• Who are the most active equity investors and what strategies are they pursuing in this market?
  
• With new single tenant construction at a cyclical low, what will drive the supply pipeline in the first half of 2011?
  
• What is potential impact of carried interest legislation on net lease and 1031 investment markets?
  
• What is the current state of the 1031 market and when will it recover?
  
• What potential tax and accounting changes could impact on the sale leaseback market?
  
• As foreclosures accelerate, will zero cash flow 1031 exchanges become more prevalent?
  
• How will retailers’ ‘new urbanism’ impact net lease investment market?
  

If you are active in the net lease properties, 1031 and sale leaseback markets, there is somewhere you need to be on September 23rd — InterFace Net Lease!

Contact Information:
Richard Kelley
Vice President, InterFace Conference Group
Phone: 914-468-0818
Email: rkelley@francepublications.com

Microsoft's Bing HQ Sold

Bellevue, Washington - Net Lease Properties has news on one of the largest commercial real estate transactions of the entire year. Cole Real Estate Investments (Cole), has acquired City Center Plaza, in Bellevue, Washington. City Center Plaza is a 583,179 square-foot, Class A office tower.
Cole Real Estate Investments is an active buyers of income-producing commercial real estate assets.
This commercial real estate property, City Center Plaza is 96% leased through 2024 to Microsoft. Microsoft, as we know is one of the world’s leading consumer brands. They have the highest possible credit rating of AAA.
Information acquired on the Building is that it is a 26-story office tower, constructed in 2008. It is located at 555 110th Avenue NE. City Center Plaza is one of only three office buildings in Bellevue to achieve LEED Gold certification by the U.S. Green Building Council and has been the headquarters for Microsoft's Bing Division since its opening.

The transaction info is that Cole Real Estate Investment of Phoenix, purchased the City Center Plaza from Beacon Capital Partners. The terms were all-cash, and a purchase price of $310 million or about $530 per square foot.

Net Lease Properties & Financing

If a Multifamily Apartment Complex or a Net Leased Office Building 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, FedEx, Walgreens, Target, Publix or an Industrial property.

Large Commercial Real Estate Deal in Santa Barbara

Santa Barbara, California - Net Lease Properties has news today on Santa Barbara Commercial Real Estate. A 38,000 square foot building, housing a Borders Book Store, sold for $10 Million. Borders holds a long-term lease on the three-story building and there currently are no projections as to whether it will stay in the building after the lease expires.

This Commercial Real Estate with the long term lease in place with Borders is a beautiful building. This property is located at 900 State Street in Santa Barbara.

The Buyer was SIMA Real Estate Fund. Press releases mentioned SIMA bought the building from Radius Group Commercial Real Estate. SIMA also owns the current State Street locations for the Coach and Anthropologie retail stores.

This is the largest Commercial Real Estate deal in Santa Barbara in over two years.

Reports are that before the structure was transformed for retail use, it was used as a Bank of America building.

Commercial Real Estate Financing Still Available

If a Multifamily Apartment Complex or a Shopping Center 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, Wendys, Target, Publix or other property.

Net Lease Property with Arby's as Tenant

Pleasant Hills, Pennsylvania - Our Net Lease Properties news for today is on a Pennsylvania Arby's. Reports are that Commercial Real Estate agents from the Atlanta office of Marcus & Millichap Real Estate Investment Services have sold an Arby’s location in Pleasant Hills. Pleasant Hills is about 11 miles south of the Pittsburgh, Pennsylvania Commercial Real Estate market.
We had noticed a Net Leased Property in the Atlanta area recently and it had an Arby's in it with a Triple Net (NNN) Lease. Apparently it is off the market now.

This Net Lease property with Arby’s, is approximately 3,270 square feet, and sold for $1,265,000. Arby’s is a quick-service restaurant chain that is wholly-owned by the Atlanta-based Wendy’s/Arby’s Group.
We are finding more Commercial Real Estate Investors interested in the quick-service restaurant (Fast Food) net lease properties.

This Commercial Real Estate is in close proximity to Century III Mall, with anchor Tenants like Macy’s, JC Penney, Sears, and Dick’s Sporting Goods. Other retailers in this area include a Super Walmart, and a Kohl’s.
The Commercial property was signed to a Triple Net Lease (NNN) with approximately 15 years remaining with Arby’s Restaurant Group, as the Tenant. The buyer, from California, was performing a 1031 tax deferred exchange.

Net Lease Properties & Financing Still Available

If a Net Lease Property 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, FedEx, Walgreens, Target, Publix, Kohl's, Arby's or an Industrial property.

Absolute Triple Net Lease Property Sold

Dallas, Texas - Net Lease Properties has some news for this weekend. An absolute Triple Net Lease Property was sold. This Net Lease Property has a corporate guarantee by Buffalo Wild Wings Grill & Bar.
This Net Leased Property has 6,148 square feet and is a single-tenant property located at 1525 William D. Tate Avenue in the Dallas / Fort Worth metroplex.

The Net Leased Property has 10 percent rent escalations every five years with zero landlord responsibility on this Triple Net Lease with ten years remaining.
One of the closest Walgreen's is about 1.5 miles away. That Walgreens is located at 912 West Northwest Highway, in Grapevine, Texas.
These Net Lease Properties are very close to the Dallas - Fort Worth International Airport.

Search For Net Lease Properties & Commercial Loans

If you are ready to invest in Commercial Real Estate, Multi-Family Apartment Buildings, Office Building Highrises 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.

Recent Commercial Real Estate Transaction

Tampa Bay, Florida - Bun Construction Co. Inc. purchased 4.5 acres on Diana Street in Tampa. The Krauss Organization handled this transaction. Congratulations to the Sales agent, Ron Faber. The Tampa Bay area had prosperous deals in the first quarter of 2009.
Diana Street runs east and west, just north of Hillsborough Avenue.

It appears the capital gains taxes will rise. Therefore the share of deals involving 1031 exchanges will increase substantially, as sellers will be further discouraged from taking profits from the investment real estate sector. Remember that once the closing occurs, it is too late to take advantage of a 1031 tax-deferred exchange (even if the taxpayer has not cashed the proceeds check).
Contact us if you are selling Commercial Real Estate and want to enter your investment property into a 1031 tax deferred exchange.

Net Lease Properties & Commercial Loans

If a Net Lease Property is of interest to you then contact us, HERE. We can assist you with your search for Net Lease Property Investments. Some examples of net leased properties to purchase are listed below.

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

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

•AutoZone Net Lease Investments
•Burger King Net Lease Investments
•Costco Net Lease Investments
•CVS Net Lease Investments
•FedEx Net Lease Investments (Federal Express Net Lease Investments)
•Home Depot Net Lease Investments
•Kohl’s Net Lease Investments
•Kroger Net Lease Investments
•Lowe’s Net Lease Investment
•McDonald’s Net Lease Investments
•Oreilly’s Net Lease Investments
•Publix Net Lease Investments
•Safeway Net Lease Investments
•Staples Net Lease Investments
•Steak n' Shake Net Lease Investments
•Target Net Lease Investments
•Walgreens Net Lease Investments
•Wal-Mart Net Lease Investments
•Wendy's Net Lease Investments

If a Net Lease Property is of interest to you then contact us, HERE.

"NNN Commercial Real Estate in Palm Beach County"