San Jose Net Leased Property Refinanced

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.







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Silicon Valley Net Leased Property for Skype

Palo Alto, California - The Net Lease Properties news today comes from an outstanding area, Palo Alto. A new net lease was signed by Skype to take space at the Stanford Research Park. This Stanford Research Park is a rarity among net lease properties. The Stanford Research Park is located in the City of Palo Alto, California. This net leased property is adjacent to the famous Stanford University campus. This Silicon Valley Net Leased Property sits on approximately 711 acres.

This net leased property is about 21 miles north of downtown San Jose and 31 miles south of San Francisco. This Silicon Valley Net Leased Property benefits from a location which allows easy access to the vast array of retail business, educational and cultural opportunities available at Stanford and the Bay Area. This Silicon Valley Net Leased Property is situated in area that is highly desired by NNN Commercial Real Estate investors. The Stanford Research Park was started over 50 years ago. This Silicon Valley Net Leased Property has another well known net lease tenant, the electric car manufacturer Tesla Motors Incorporated.

Skype will have a net lease on approximately 90,697 square feet at 3210 Porter Drive in Palo Alto. This net leased property has 94304 as the zip code. Skype is an Internet communication service and voice service that allows its customers to send messages and make and receive calls using their computer's Internet connection. Skype will relocate from other net lease properties in the Bay Area. Skype had a net lease located on eBay’s San Jose campus and they had a net leased Office in Brisbane, California.

Skype was originally based in Luxembourg and was founded in 2003. The net lease tenant, Skype sold to San Jose-based eBay Inc. back in 2005. Another business transaction took place last year as the Company was purchased by an investor group. The Investor Group was led by Silver Lake Partners. That deal last year had the Company valued at $2.75 billion.

We are not aware of the net leased terms with Skype. However we have seen NNN Lease at the desirable Stanford Research Park location. This Silicon Valley Net Leased Property is a Class A Property that has some units which are fully furnished, plug and play lab/office space. Some of the NNN Leased units offer Chemical storage, Eyewash & emergency showers, and suitable shipping and receiving areas. This Silicon Valley Net Leased Property also comes prepared for Tenants with an on-site cafeteria area, and an on-site gymnasium.

The Silicon Valley Net Leased Property will becomes Skype’s new North American headquarters. CresaPartners helped to manage the Office design, construction, and furniture selection process to guide Skype to a comfortable and suitable environment. CresaPartners LLC is an international corporate commercial real estate firm and they exclusively represent net lease tenants and specializes in the delivery of fully integrated commercial real estate services.

CresaPartners offers an array of integrated commercial real estate leasing services, promoting companies of all sizes—from start-ups to corporate giants, with a stronger control and leverage in their commercial real estate decisions. This corporate commercial real estate firm is headquartered in Boston and provides service in over 33 countries and more than 120 cities. The corporate commercial real estate firm CresaPartners is now recognized as the top tenant representation firm in North America.

We specialize in providing Triple Net Lease Properties to investors who are involved in a 1031 exchange or a sale-leaseback transaction.

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

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.

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