Net Lease Properties Information

Net Lease Properties

North Palm Beach, Florida - Net Lease Properties are becoming the highly desired investment vehicle for Commercial Real Estate Investors. We are seeing many Real Estate Investment Trusts (REIT) and foreign Investors gobbling up available net lease properties.

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.

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 (the three 'Nets') on the property in addition to any normal fees that are expected under the agreement (rent, etc.). In such a lease, the tenant or lessee is responsible for all costs associated with the repair and maintenance of any common area of that particular Net Lease Property.

Net Lease Properties & Commercial Loans

If a Net Lease Property is of interest to you then contact us, HERE. We can also assist you with your Commercial Loans for Net Lease Properties purchases. Some examples of net leased properties to purchase are a CVS, FedEx, Walgreens, Target, Publix or a property net leased to McDonald's, Dollar General, Burger King or Taco Bell.

Net Leased Properties Portfolio Sold For $38.5 M

North Palm Beach, Florida - Net Lease Properties has information on a huge deal that has closed. A commercial real estate portfolio made up of net lease properties had 8 properties sold out of 11. The buyer was American Realty Capital Trust, Inc. and the seller of the net lease properties was the California State Automobile Association.

The aggregate purchase price for the eight net leased properties was approximately $38.5 million. American Realty Capital Trust (ARCT) funded the acquisitions of the properties with net proceeds received from the sale of its common stock. As of August 11, 2010, it had raised approximately $299,177,033 total gross proceeds in connection with its initial public
offering.

American Realty Capital is a commercial real estate advisory firm that invests in single-tenant, freestanding properties throughout the United States, that are net-leased on a long-term basis to investment-grade and other creditworthy tenants.

A description of the (8) Net Leased Properties purchased:

(1) CVS Pharmacy - This property is a free standing, retail store net leased to CVS located in Decatur, Georgia. The property contains 13,137 square feet of gross leaseable area. The lease is a triple net lease whereby CVS is required to pay substantially all operating expenses, including all costs to maintain and repair the roof and structure of the building, and the cost of all capital expenditures, in addition to base rent.

(5) Walgreens Stores - This portion of the net lease portfolio is five freestanding, pharmacies net leased to Walgreens. These commercial real estate investments are located in Austin, Texas, Chelsea, Alabama, Joliet, Illinois, Marysville, Ohio and Upper Arlington, Ohio. The leases are triple net whereby Walgreens is required to pay substantially all operating expenses.

(2) Fifth Third Bank Properties - This was a purchase of two free standing, fee simple bank branches for Fifth Third located in Montgomery, Illinois and Schaumburg, Illinois. The leases contain rent escalations of 10% every five years. The leases are triple net leases whereby Fifth Third is required to pay substantially all operating expenses.

Net Lease Properties & Non Recourse 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 Non Recourse Loan and Net Lease Funding to purchase a CVS, Walgreens, Target, Publix, Kohl's, Burger King, KFC, Wendy's or other Net Lease Property.

2 Net Leased Properties Purchased by REIT

Kansas City, Missouri - Today, Net Lease Properties news is on Properties acquired by a REIT. The first property which was purchased is net leased to Kohl’s Department Stores, Inc. through January 31, 2025 (with tenant options to extend). This net lease property is located in Kansas City and the purchase price was $8.95 million. This net leased Kohl's is in the Wilshire Plaza Shopping Center, which is anchored by the commercial real estate investments, Super Target and Home Depot.

This Kohl's is approximately 88,248 square feet, a retail department store on approximately 7.47 acres.

The other net leased property that was purchased is located in Monroeville, Pennsylvania, a suburb of Pittsburgh. This commercial real estate investment is a 6,000 square foot retail property leased by a Men's Wearhouse pursuant to a long term net lease. The purchase price was approximately $1.3 million, including $300,000 of contracted building improvements.

The Buyer of both of these net lease properties was One Liberty. One Liberty is a New York based real estate investment trust (REIT) that specializes in the acquisition of real estate properties under long term net leases.

Net Lease Properties & Non Recourse 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 Non Recourse Loan and Net Lease Funding to purchase a CVS, Walgreens, Target, Publix, Kohl's, Burger King, KFC, Wendy's or other Net Lease Property.

3 Net Lease Properties Bought by NY REIT

Great Neck, New York - Net Lease Properties has news today concerning a sale and leaseback transaction. One Liberty Properties purchased a Portfolio of three Wendy's Properties. Old Liberty obtained the three Wendy's Old Fashioned Hamburger fast food restaurants which are located in Pennsylvania in this sale and leaseback transaction. The purchase price for this portfolio is $3.84 million and the net lease is for an initial 20 year term with a nine year renewal option. The seller of these net lease properties is a franchisee and operator of more than 100 Wendy's restaurants.

One Liberty is a New York based real estate investment trust (REIT) that specializes in the acquisition and ownership of a diverse portfolio of commercial real estate properties under long term net leases. One Liberty's net leases generally provide for contractual rent increases. These properties normally have all the operating expenses and most or all other property related expenses paid by the tenant.

As an example of this intelligent investing in net lease properties can be seen in One Liberty Properties second quarter results. One Liberty's Rental income for the three months ending June 30, 2010 was $10.6 million compared to $9.7 million for the three months that ended June 30, 2009. Rental income increases were due to the effect of acquisitions, as well as increased revenues associated with lease revisions within the existing portfolio.

Net Lease Properties & Commercial Real Estate 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, Wendy's or other Net Lease property.

Net Lease Properties News from NY to Seattle

New York, NY - Net Lease Properties has 2 reports for today. We start with a REIT from New York. CapLease, Inc. is a real estate investment trust (REIT). The trust invests primarily in single tenant commercial real estate assets net leased primarily to investment grade corporate tenants, and government tenants.
CapLease has been upgraded to Market Perform from Underperform at Wells Fargo. The stock closed recently at $4.98 on volume of 127,500 shares, below the average daily volume of 215,465.
A key to their success is that CapLease is an active purchaser of properties leased long term to high credit quality tenants.

Our next bit of Commercial Real Estate news comes from the Pacific Northwest again.
Target Corp. has just acquired office and retail space in downtown Seattle. Target is said to have plans to open a store there, possibly within a year.
Target paid Seattle's HAL Real Estate Investments $15.5 million for the 103,442 square-foot Pike Plaza commercial property and parking garage. This Commercial Real Estate is on the west side of Second Avenue, between Pike and Union streets, at the base of the Newmark Condominiums.
This commercial space known as Pike Plaza encompasses three stories. The property is close to the Seattle Art Museum, Pike Place Market and the University Street light rail station.

Net Lease Properties & Financing

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 Net Lease property.

Net Lease Property with Walgreens as Tenant, Sold

Kissimmee, Florida - Net Lease Properties has Walgreens news today. Report of an in-state limited liability company has acquired a Triple Net Lease property with Walgreens as the Tenant. This LLC paid $5.6 million for a 14,490 square-foot Walgreens, developed last year and supported by a Triple Net Lease.

An investment specialist in Tampa for Marcus & Millichap Real Estate Investment Services, marketed the property for a Florida-based developer.

This Net Lease Property is located at 5180 US-192 in Kissimmee. This Walgreens investment is a fee simple, new construction Triple Net Lease Property. This Walgreens site just opened in September 2009.

Walgreen Co. (WAG) just recently raised its quarterly dividend 27% to 17.5 cents a share, topping its compound annual dividend growth rate of 24% in the past six years.

Net Lease Properties & Financing Still Available

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, FedEx, Walgreens, Target, Publix or an Industrial 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.

Net Leased Property with Publix Tenant Sold $26M

North Palm Beach, Florida - Net Lease Properties news today is that a Publix-anchored shopping center sold for $26.5 million in a short sale. This Shopping Center is called Sunshine Square shopping center and is located in Boynton Beach. Boynton Beach, Florida is approximately 16 miles south of Palm Beach.

This short sale has helped alleviate the pressure for the shopping center owner by satisfying one of the six foreclosure lawsuits that target its properties.

Apparently in March, KeyBank filed a foreclosure action against Woolbright Sunshine and the president of Woolbright Development, over a $28.5 million mortgage covering the shopping center.

Woolbright Sunshine bought the shopping center for $23 million in 2007. The Commercial Real Estate includes a 109,489-square-foot retail center at 501 E. Woolbright Road and a 41,249-square-foot supermarket leased to Publix. Other Tenants include Bealls and Subway.

As of recently is had been difficult to find a Net Leased Property with Publix as a Tenant. Publix is one of the top supermarkets in the country.

Net Lease Properties & Financing Still Available

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, FedEx, Walgreens, Target, Publix or an Industrial property.

REIT Obtains a $41 million Construction Loan

Bowling Green, Kentucky - The Sun Products Corp. has agreed to lease a distribution center to be built outside Bowling Green, Kentucky. This leased Commercial Real Estate Building will supply Sun's line of household laundry detergents and cleaners to East Coast consumers.

Real Estate Investment Trust

Investment manager W.P. Carey & Co. LLC said one of its real estate investment trusts (REIT) obtained a $41 million construction loan to build the 1.4 million-square-foot center adjacent to one of Sun's manufacturing plants. These types of large distribution centers are a premier investment for many REITs.

W. P. Carey & Co. LLC is an investment management company that provides long term sale leaseback and build to suit financing for companies worldwide and manages a global investment portfolio approaching $10 billion.

Sun Products will occupy the facility under a long-term, Triple Net Lease that will allow it to consolidate nine other facilities in the Bowling Green area.

A real estate investment trust (REIT) is a company or Group which owns, and in most cases, operates income-producing real estate. The normal REIT might own many types of commercial real estate property investments, ranging from office and apartment buildings to warehouses, hospitals, shopping centers, motels, hotels and even timberlands

Commercial Real Estate Financing Still Available

If a Multifamily Apartment Complex is of interest to you then contact us, for all Florida Commercial Property Listings For Sale. 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. The Florida real estate market is very attractive to many Investors.

Industrial Building Sells to REIT For $12.6M

Fort Mill, South Carolina - Net Lease Properties News has been informed that Monmouth Real Estate Investment Corp. bought an industrial building in South Carolina for $12.6 million.

Monmouth Real Estate Investment Corporation (MREIC) is a real estate investment trust (REIT) that has been in successful operation since 1968. MREIC invests in Net Leased industrial properties with long-term leases to investment grade tenants. MREIC's current tenants include: Anheuser-Busch, Caterpillar Logistics Systems, Coca Cola, FedEx, Keeber/Kelloggs, Mead Paper, Sherwin-Williams, and Western Container.

The property is net leased to FedEx Ground Package System Inc. through September 30 of 2019. This Industrial building was constructed in 2009

Many net leases have the tenant agreeing to pay for ownership expenses, including utilities, repairs, insurance and taxes.

Commercial Real Estate Financing Still Available

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, FedEx, Walgreens, Target, Publix or an Industrial property.

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.

Westshore Area Office Building sale

Tampa Bay, Florida - Triple Net Lease Properties reports Eola Capital, an Orlando-based real estate investment company, has acquired a 130,000 square foot office building at 500 N. Westshore Blvd. in Tampa Bay. The 10-story, Class A office building will increase Eola Capital’s holdings in Tampa to more than 1.6 million-square-foot.
“Westshore 500 is 90% leased and its diverse rent roll is comprised of smaller companies providing a stable rent stream for our investors. The property is a significant addition to our Tampa portfolio and compliments our existing holdings well,” added Kyle Burd, regional vice president of Eola Capital.
The office building, adjacent to the Westshore Plaza, was built in 1984. Eola Capital plans to invest in substantial capital improvements to the property.
We, at Net Lease Properties are very active in the Tampa Bay Market.


There are plenty of benefits of Net Lease Investments in using a 1031 tax exchange. Unlike other investments, commercial real estate is a great tax saver and helps you defer capital gains tax by using the 1031 exchange. Net Lease Properties are generally secured by leases with a remaining term of 10 to 25 years, minimizing the concern of tenant turnover.

We specialize in providing Triple Net Lease Properties to investors who are involved in a 1031 exchange.
CONTACT US HERE for:
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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.