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Showing posts with label commercial-property. Show all posts
Showing posts with label commercial-property. Show all posts

Monday, June 26, 2017

IHOP NNN Property in Naples Florida

 

This Retail Property is Off-Market. 

Contact us for similar Commercial Properties For Sale in Florida.

O’Reilly Commercial Realty LLC 

Patrick O’Reilly 

Phone: (352) 237-2222 

Email: OreillyCommercialRE@gmail.com 

Also contact us for 1 to 3 acres ready to develop, Foreclosures, Mini Warehouse and RV Parks.

6631 Dudley Drive, Naples, Florida 34105 - Commercial Property SOLD

4,200 SF · Retail Property Information
IHOP NNN Lease Commercial Real Estate Price $3,150,000 Cap Rate 5.30% Building Size 4,200 SF Occupancy 100% Price per SF $750 Tenancy Single Property Type Retail Year Built 2009 Property Sub-type Free Standing Bldg Lot Size 0.92 AC Property Use Type Net Lease Investment with 10+ years left on lease

Description of Investment Property

NNN IHOP (Sunshine Restaurant Partners) lease expiring in 2030. 1.25% annual rent increases. Six five-year options. No landlord responsibilities. Busy 24-Hour IHOP location. There are over 1,650 IHOP restaurants located in 50 states and the D.C., Canada, Guatemala, Mexico, Puerto Rice and the U.S. Virgin Islands. Sunshine Restaurant Partners (lease guarantor) is the exclusive franchisee for Florida IHOP locations. They operate 154 IHOP locations in the states of Florida and Georgia.

Their parent company, Argonne Capital has over 923 restaurants and $154,000,000 in annual system-wide sales. Prime Naples location just off I-75. 60,821 average daily traffic count at the exit. $88,863 average household income in the one-mile radius. 150,097 people in the five-mile radius. The property is in front of two large hotels/motels - Spinnaker of Inn of Naples, and Best Western Naples. The busy Pine Ridge Road and Dudley location is just across from Physicians Regional Pine Ridge Campus, a 101 Bed Hospital, near the La Costa Apartment 276-unit gated community, and near the Baron G. Collier High School with 1724 student enrollment. Next to the IHOP are other retailers such as Hooter's, Waffle House, Dunkin Donuts, Starbucks, Perkins, Circle K, Shell Gas Station, Naples Nissan and Hawthorn Suites by Wyndham.

Highlights of Naples Commercial Property

  • Busy 24 Hour location
  • Just off I-75 with 60,821 ADT
  • NNN lease expires 2030
  • 1.25% annual rent increases
  • $88,863 avg. household income in 1-mile radius
  • 150,097 people in the 5-mile radius
Financial Summary (Actual) Year 2016 - Net Operating Income $166,994

Major Net Lease Property Tenant Information

Tenant SF Occupied Lease End Date
IHOP (Sunshine Restaurant Partners) 4,200 3/1/2030

  6631 Dudley Drive, Naples, Florida 34105 (Collier County)

 Listing information courtesy of J H Winokur Inc. 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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Sunday, June 25, 2017

Professional Arts Building - Fort Lauderdale Office Property

This Fort Lauderdale Office Property is Off-Market. Contact us for similar Commercial Properties For Sale in Florida.

O’Reilly Commercial Realty LLC 

Patrick O’Reilly 

Phone: (352) 237-2222 

Email: OreillyCommercialRE@gmail.com 

 

1212 Professional Arts Building - Florida Property Price $4,269,000 Building Size 15,458 SF No. Stories 3 Price/SF $276.17 Building Class A Property Type Office Lot Size 18,993 SF Property Use Type Vacant - Owner-User Property Sub-type Office Building APN / Parcel ID 5042 11 01 1260

Description of Fort Lauderdale Property For Sale

This is a great opportunity to own this 3 story fully remodeled office building on Broward Blvd. in East Ft. Lauderdale. This office building listing is in close proximity of Las Olas Blvd. The building offers 360 degree views of downtown Ft Lauderdale, and the Las Olas commercial and residential areas.

The building is currently used for professional services but has medical use zoning if required. 20% of building has a long-term tenant (dentist) and over 10,000SF (including the entire 3rd floor) is currently rented month-to-month and available for an owner user. 3rd floor Penthouse has a unique design with 5 wrap-around terraces, is fully built out and available for immediate occupancy. Building has approximately 42 parking spaces with 11 of those covered.

This is a great opportunity for an Owner Occupied buyer or commercial real estate investor. 3rd floor is perfect for a Law Firm, CPA firm, Co-Working Space or Medical Office. It was on E. Broward Blvd, 9 blocks east of US-1 (Federal Hwy) on south side of road.
Contact us for more Fort Lauderdale Investment Properties or other Florida Commercial Properties For Sale.

Highlights of Fort Lauderdale Building

  • Great Location east of US1 & north of Las Olas Blvd
  • 3rd floor Penthouse with 5 terraces and 360 degree views
  • 10,000 currently rented month-to-month
  • Perfect for owner user
  • Legal Office, CPA, Professional Office, Co-Working Space
  • Totally updated, Energy efficient features
1212 E. Broward Blvd, Fort Lauderdale, FL 33301 (Broward County)

Listing information courtesy of Qualitas Real Estate Services, LLC. 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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Wednesday, June 14, 2017

Florida Dunkin' Donuts Triple Net Lease Property

This Jensen Beach Retail Property is Off-Market. Contact us for similar Commercial Properties For Sale in Florida.

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

Dunkin' Donuts | 15 Yr TRIPLE NET LEASE INVESTMENT

Price $1,500,000    Cap Rate 5%
Building Size 1,608 SF    Occupancy 100%
Price per SF $932.84      No. Stories 1
Property Type Retail    Tenancy Single
Property Sub-type
Restaurant
   Year Built 2015
Property Use Type Net Lease Investment with 10+ years left on lease    Lot Size 0.60 AC

Florida Commercial Properties For Sale

 

Jensen Beach Commercial Property Description

Don't miss out on this perfect opportunity to purchase the newest Dunkin' Donuts location complete with drive-thru. The Building has been completely renovated with a new roof and a 10 year roof warranty. Guarantee franchisee with over 20 locations! This commercial property is located on the corner of NE Jensen Beach Boulevard and NE Highland Avenue, close to growing Downtown Jensen Beach.

Net Lease Investment Property Highlights

  • True NNN, Zero landlord responsibilites
  • 10% increase in Year 11 and every 5 years thereafter
  • 15 Year base term with four 5 year options
  • Personally Guaranteed by two 40 unit operators

Financial Summary (Actual)

Net Operating Income $75,000
1603 NE Jensen Beach Blvd., Jensen Beach, FL 34957 (Martin County)


Listing information courtesy of COMMERCIAL REAL ESTATE, LLC. 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.  

Feel free to contact us for Florida Investment Properties.


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Tuesday, January 19, 2016

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
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Saturday, October 1, 2011

Whole Foods Market Net Lease Properties and Mixed-Use



Las Vegas, Nevada - Our NNN Lease Properties news is on the ups and downs in the Nevada Commercial Real Estate market. There is a beautiful Nevada Commercial Real Estate Development with a Whole Foods Market that caught our eye. The Commercial Property is The District at Green Valley Ranch. The Commercial Real Estate Developers of this property started out with approximately $85 Million into it. The District at Green Valley Ranch is a cutting edge mixed-use property that combines retail Net Lease Properties, restaurants, and the Whole Foods Market. Also this mixed-use property has office space and residential units situated in a beautiful designed area.

Whole Foods Market and Commercial Real Estate Development

The concept of the Nevada Mixed-use property is to bring in People to live and not have to drive far for shopping. The pedestrian friendly development was a perfect retail shopping center with great restaurants also. The Office Space net lease Tenants can frequent the dining establishments or grab something from the Nevada Whole foods. This is a great environment for net lease properties.

Commercial Real Estate Developers of this Mixed-use property wanted architects to design it to keep shoppers and visitors there for the entire day. The District at Green Valley Ranch has it all, and current entertainment that can be seen with just a short stroll.

nnn-commercial-properties-The-District-at-Green-Valley-Ranch-Retail

Nevada Commercial Properties in Foreclosure

However with the Nevada economy slumping worse than most and unemployment through the roof for the State, the NNN Commercial Real Estate Development started to falter. So the inevitable happened and the Nevada mixed-use property went into default like some of the other high profile Nevada Commercial Real Estate Developments. The Net Lease Properties site saw the same thing happen to Town Square, Boca Fashion Village and the commercial property that was intended for the Great Mall of Las Vegas.

Commercial Mortgage Default on Nevada Retail Shopping Center

Earlier in the year The District at Green Valley Ranch had been sold to cover some of the defaulted commercial mortgage. The Owner - Developer who lost the Nevada Mixed-use property was American Nevada Company. The new owners happened to be Village Walk LL which is a Nevada limited liability company. The Owners are net lease property investors from the Miami Beach area. The District at Green Valley Ranch was obtained at the public auction for $50 million. When purchasing NNN Commercial Real Estate, it is wise to check on obtaining Cheaper Term Life Insurance coverage.

The District at Green Valley Ranch has Whole Foods Market and Cheesecake Factory

The Net Lease Properties site found more information on this Nevada Mixed-use property. It started with a 25 acre phase one with a combination of retail net lease properties, office and 88 loft style condos. Now it got real interesting with the second stage of development. That consists of approximately 50,116 square feet of office space which sits on top of retail net lease properties. This is the net lease properties with various Tenants including the Whole Foods Market and Cheesecake Factory for dining.

NNN Commercial Real Estate Benefits

Many NNN Commercial Real Estate Investors see The District at Green Valley Ranch as a high quality trophy property. Many Net Lease Properties Investors would like this in their Portfolio. This Nevada Mixed-use property should have a profitable future. Some of the other benefits of this pedestrian oriented mixed-use property is a street plaza, as well as an attractive central park, that includes a uniquely classic styled Carousel that the kids will love.

Nevada Net Lease Properties Tenants

Al's Garage
Alligator Soup
Anthropologie
AVEDA - Gianna Christine Salon Spa & Wellness
Balboa Pizza Company
Ben & Jerry's
Brighton Collectibles
Chico's
Coldwater Creek
Color Me Mine
Colorz
Crazy Pita Rotisserie & Grill
DaMincci Jewelers
DownEast Basics
Elephant Bar
Fidelity Investments
Flea Bag's Barkery & Bow-tique
Francesca's Collections
Gymboree
Hallmark Gold Crown
Janie and Jack
Jos. A. Bank Clothier
Josie's Frozen Yogurt
King's Fish House
Las Vegas Golf & Tennis
Las Vegas Pilates
Loft
Lucille's Smokehouse Bar-B-Que
Magnolia Lane
My Gym Children's Fitness Center
Optic Gallery
P.F. Chang's China Bistro
Panera Bread
Pottery Barn
Presidio
Pure Beauty Salon
Rachel's Kitchen
Red Rock Jewelers
REI
Scottrade
Settebello Pizzeria Napoletana
Sola Salon
Soma Intimates
The Cheesecake Factory
The Coffee Bean & Tea Leaf
The District Guest Services
The Sports Shop
The Walking Company
West Elm
White House - Black Market
Whole Foods Market
Williams-Sonoma

Green Valley Ranch Resort and Spa

This Nevada commercial property loaded with high end net lease property tenants is situated next to the Green Valley Ranch Resort and Spa. The Resort consists of over 490 comfortable hotel rooms, casino, and resort spa. That Top rated Resort is currently owned and operated by Stations Casinos. They developed that resort and spa as a vacation spot away from the ever popular Las Vegas strip. The NNN Commercial Real Estate staff would describe the Green Valley Ranch Resort and Spa as owning a feeling of a European styled casino.

Net Lease Properties Investors

We have private investors and institutional buyer groups seeking to purchase Net Lease Properties and Commercial Real Estate Portfolios. Our high net worth investors are located all across the Globe and can close on Net Lease Property opportunities throughout the United States.


nnn-mixed-use-properties-The-District-at-Green-Valley-Ranch-Retail


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Tuesday, September 20, 2011

Net Lease Properties Commercial Real Estate News

nnn-commercial-properties-starbucks-net-lease-california


Our NNN Commercial Real Estate website provides an in-depth look at Net Lease Properties, Apartment Buildings and various Commercial Real Estate Investments. We offer breaking news for the majority of Commercial real estate markets across the United States. Feel free to Contact us to sell your Net Lease Properties. We have thousands of NNN Commercial Real Estate Investors on the sidelines with capital to purchase your Triple Net Lease Properties.

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Saturday, September 17, 2011

Wednesday, May 18, 2011

McDonalds Triple Net Lease Properties or Wendys

triple-net-lease-properties-McDonalds
Los Angeles, California - Triple Net Lease Properties are being swallowed up. We see some Wendy's, and McDonald's NNN Commercial Real Estate developments available for purchase. Wendy's, and McDonald's may come with a NNN Lease Property which consists of 1,529 square feet to 3,211 square feet.

These NNN Commercial Real Estate developments normally have the freestanding building with a convenient drive-through. These Triple Net Lease Properties sites could be situated on approximately 29,397 square feet to 1.12 acres. Also many of these Triple Net Lease Properties sites are surrounded by other nearby retailers such as Burger King, Taco Bell, or Arby's.

Triple Net Lease Properties are available with an acquisition price $1,200,000 to $2,000,000. Many of the McDonald's NNN Lease Properties are coming in with a 5.0% to 5.6% Cap Rate. While some Wendy's Triple Net Lease Properties are arriving on the NNN commercial real estate market with a 7% to 7.8% Cap Rate. Some of these Net Lease Investments come with a Corporate Guarantor and Zero Landlord Responsibilities. Triple Net Lease Properties with a signed 12 year to 20-year triple net lease with five-year renewal options and rent bumps are most attractive.

McDonald's Net Lease Properties and Wendy's are often positioned at intersections with traffic Lights or as out-parcels in heavily traveled Retail Shopping Centers. Triple Net Lease Property that is situated in area's main retail hubs, near CVS Pharmacy, Lowes, Home Depot, Walgreen's and Walmart. These Triple Net Lease Properties feature excellent exposure along dominant retail traffic corridors.

This type of location benefits quick service Net Lease Properties (Fast Food) with experiencing high daily traffic count on a daily basis. McDonald's Net Lease Properties and Wendy's sitting in densely populated areas help fuel the NNN Lease Investments.

Contact Net Lease Properties to purchase NNN Property or for 1031 exchange replacement property.

•24 Hour Fitness Net Lease Properties
•7-Eleven Net Lease Properties
•Advance Auto Net Lease Properties
•Ahold Net Lease Properties
•Applebees Net Lease Properties
•Arbys Net Lease Properties
•AutoZone Net Lease Properties
•Burger King Net Lease Properties
•Chick-fil-a Net Lease Properties
•Costco Net Lease Properties
•CVS Net Lease Properties
•Delhaize Net Lease Properties
•Dollar General Net Lease Properties
•Dollar Tree Net Lease Properties
•Dunkin' Donuts Net Lease Properties
•FedEx Net Lease Properties
•Goodyear Net Lease Properties
•Home Depot Net Lease Properties
•KFC Net Lease Properties
•Kohl's Net Lease Properties
•Kroger Net Lease Properties
•Lowe's Net Lease Properties
•McDonald's Net Lease Properties
•O'reillys Net Lease Properties
•Panera Bread Net Lease Properties
•Pep Boys Net Lease Properties
•Publix Net Lease Properties
•Rite Aid Net Lease Properties
•Safeway Net Lease Properties
•Shell Oil Net Lease Properties
•Staples Net Lease Properties
•Steak-n-Shake Net Lease Properties
•Taco Bell Net Lease Properties
•Target Net Lease Properties
•Verizon Net Lease Properties
•Walgreen's Net Lease Properties
•WalMart Net Lease Properties
•Wendy's Net Lease Properties




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Thursday, May 12, 2011

Wednesday, April 20, 2011

San Jose Net Leased Property Refinanced

triple-net-lease-properties-AMC-Theatres-San-Jose

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.

triple-net-lease-properties-US-Bank


triple-net-lease-properties-Peets-Coffee


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Friday, April 1, 2011

New York Walgreens NNN Lease Investments

Walgreens-triple-net-lease-properties-new-york.jpg
Queens, New York - We open up Net Lease Properties news for April with a top national credit tenant, Walgreen’s. Many of our Net Lease Properties investors are actively searching for Walgreen’s Pharmacy and CVS Pharmacy triple net leased properties. NNN Lease Investments with zero landlord responsibilities can be stable, long-term investments.

The net lease property Tenant, Walgreen's was founded in 1901. This triple net leased property Tenant currently provides the most convenient access to consumer retail goods and services, and pharmacy. Walgreen's as the net lease property tenant also offers health and wellness services for America. Walgreen's has pioneered many modern retail sites and pharmacy features, some of which have become standards in the industry.

The net lease property Tenant has recorded over 30 consecutive years of record sales and earnings. As far as investment property is concerned check these reports; Walgreen’s is a Fortune "50" national credit tenant (traded under the symbol "WAG"), with an S&P "A" rating and is listed among Fortune Magazine's "Most Admired Companies", the "Platinum 400 List" and "40 Best Stocks to Retire On".

This New York triple net leased property sold for $10,400,000. This sales price for a 100% Leased, NNN Lease Property may sound higher than normal but it is not the highest sale price this year. The NNN Lease Investment was marketed at a Cap Rate of 6.25 and then slightly higher. However, the Walgreen's triple net lease property closed at approximately a 7% cap rate.

The triple net leased property buyer was Elion Real Estate Investments. The sales price for this NNN Lease Investment comes to about $1041 per square foot. This is a rare Drugstore NNN Lease Property as it has rent bumps in the option periods of the net lease. This NNN Lease Property will also benefit from sitting on a freestanding corner at a lighted intersection. We do not have information on the Commercial Loans on this NNN Lease Investment acquisition.

The Walgreen's triple net leased property is located at 112-55 Farmers Boulevard, in New York with 11412 as the zip code. The NNN Lease Investment is situated in Queens County. The triple net leased property has a Building size of approximately 9,989 square feet. The NNN Lease Property sits on a Lot size of approximately 20,000 square feet which equates to .46 of an acre. This New York triple net leased property was recently constructed in 2010 and sold by Unicorp National Developments, Inc. The absolute NNN Property appears to have opened in January of 2011.

Th Net Lease Property has over 10 years left on the lease with Walgreen's. This NNN Lease Investment with Walgreen's benefits from being in a dense residential neighborhood and this Walgreen's store is capable to become the primary pharmacy in this area of New York. The Net Lease Investment is close to retail, and various restaurants. A primary factor that this Walgreen's should be successful is that it is near several medical clinics including Albright Medical Offices and Hollis Medical.

The NNN Lease Investment has an excellent location with from frontage on three sides and along a major access artery into the Queens residential neighborhoods. Queens is the largest borough in area size, the second largest in population, and of the five boroughs, sits on the east. This Net Lease Property is positioned on the western most part of Long Island. Also Queens is home to two major New York City airports, JFK & LaGuardia.

This triple net lease property is nearby the New York Mets baseball stadium, and the US Open tennis tournament. Queens is the home for the NNN Commercial Real Estate development, the Citicorp Building. This Citicorp NNN Commercial Real Estate building is the tallest skyscraper in New York City outside of the Manhattan Commercial Real Estate district.

Contact Net Lease Properties to purchase NNN Property or for 1031 exchange replacement property.


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Wednesday, March 30, 2011

CVS Triple Net Leased Property Sold

Pennsylvania-triple-net-lease-properties
Philadelphia, Pennsylvania – Our Net Lease Properties news today is on a quality net lease Tenant, CVS. Many of our Net Lease Properties investors are searching for a decent cap rate on a net leased property with CVS. We did find a recent sale of a CVS Net Leased Property in Philadelphia. A commercial real estate investment company, Brierwood Company, sold a NNN Lease Investment with CVS for $3,523,000 which equates to approximately $347 per square foot.

This triple net lease property is located at 8525 Frankford Avenue, in Philadelphia, with the zip code of 19114. This triple net lease property is situated in Philadelphia County. The buyer of this triple net lease property was Goodman Properties. Commercial Real Estate Brokers were marketing this fee-simple, freestanding CVS Pharmacy for approximately $3,712,999. Commercial Real Estate Brokers chose to try and get a Cap Rate of 7.75% and the closing price was close to the asking price. As of late, this is the case with NNN Lease Properties, selling at or near the asking price.

This Philadelphia NNN Lease Property currently has over nine years remaining on an initial 20-year lease with CVS Pharmacy. The single-story Philadelphia NNN Lease Property is approximately 10,119 square-feet and is 100% occupied by CVS Pharmacy.

The Philadelphia triple net lease property was built in 1999 and is situated on 0.71 of an acre with the capacity for parking 4 cars per every 1,000 square feet. The attractive part of this Philadelphia triple net lease property are rental increases every five years of the base term and into their options. The NNN Property investor might achieve up to an 8.20% cap rate when the next rental increase occurs in June 2014.

This triple net lease property was offered with an option to assume the existing Commercial Loan, which had a balance of approximately $1,736,511. The triple net lease property had a popular life insurance loan that was self-amortizing at an 8% interest rate.

The Philadelphia triple net lease property is positioned on a busy retail corridor between Strahle and Benson. This NNN Lease Investment has a close proximity to a busy I-95 exit for Academy Road and services the Holmesburg community neighborhood.

This Pennsylvania triple net lease property has CVS as the Tenant with Standard and Poor's BBB+ Rating. The NNN Lease Investment benefits from the premier location in Northeast Philadelphia with traffic counts that currently exceed 25,000 VPD (cars per day). The NNN Property is within 5 miles from over 440,000 residents.

The NNN Lease Property buyer, Goodman Properties, is a Commercial Real Estate Development and Management Company. Goodman Properties was started in 1985 by Bruce Goodman, the commercial real estate developer. Currently the Commercial Real Estate Company has developed and owns more than 123 properties, and they continue to manage all of them. Over the past 24 years, Goodman Properties has become one of the Delaware Valley's premier retail commercial real estate developers.

The Commercial Real Estate Company started out by focusing on smaller-scale strip retail shopping centers. The Commercial Real Estate Company has now become a major developer of specialty stores for NNN Commercial Real Estate retailers such as CVS Pharmacy, Walgreen's Pharmacy, Barnes & Noble and Staples.

Currently Goodman Properties' has an Investment Property portfolio which contains more than 4.0 million square feet of diverse retail commercial space with excellent net leases. This Investment Property portfolio consists of both stand-alone properties and large power centers occupied by excellent retailers such as Target, Wal-Mart, Sam's Club, Kohl's, Toys 'R Us, Dick's Sporting Goods, Staples, Best Buy, Barnes & Noble, Safeway Grocery Stores, Starbucks Coffee, Costco, Regal Entertainment Group, and many more exclusive Tenants. The net lease properties buyer and developer, Goodman Properties is very proud of their relationships it has built with their net lease tenants. They currently have approximately 300 net lease property Tenants.

Contact Net Lease Properties to purchase NNN Property.

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



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Monday, March 28, 2011

Net Lease Properties in $625 Million Transaction

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Chicago, Illinois - The Net Lease Properties information today is on an Investment Property Portfolio sale. A Chicago-based commercial real estate company, Equity Capital Management, is disposing of 39 net lease properties for about $625 million. These net lease properties are scattered across 22 States for a wide variety of investments. These net lease properties include the sale of the headquarters of Solae Co. and Novus International Inc., which are positioned in St. Louis.

Equity Capital Management, LLC (ECM) is a principal-oriented investment firm which is based in Chicago, Illinois. This commercial real estate company has offices and some affiliates in New York, St. Louis, and Bern (Switzerland). This commercial real estate company seeks investment opportunities in the commercial net lease properties markets. This commercial real estate company, ECM, believe that the supply and demand factors have created strong prospects for current income properties and premier risk-adjusted returns on investment property.

This Chicago-based commercial real estate company, Equity Capital Management, LLC strives to acquire exclusively net lease properties and sale-leaseback transactions. This $625 million sale contains single tenant office, industrial properties, and retail net lease properties which are signed up to long-term net lease agreements. The Chicago-based commercial real estate company acquires net lease properties, then make investment decisions based on various exit strategies and long-term goals not focusing on short term net lease market conditions.

Equity Capital Management, LLC, commercial real estate company, apparently has signed commitments from various types of buyers, including real estate investment trusts (REITS) and private investors. These net lease properties with net lease agreements of generally 15 years or more are highly desired right now. These stable net lease property investments can be sold and the commercial real estate company, Equity Capital Management, can load up on cash for future acquisitions.

A substantial amount of the office buildings and industrial properties which are being sold are corporate or regional headquarters. Also many of these net lease properties are significant regional or critical hub distribution centers. The net lease properties are currently controlled by ECM Diversified Income & Growth Fund and ECM Income & Growth Fund III. Also these two net lease investment Funds are sponsored by Equity Capital Management.

These two investment funds had a similar investment strategy as ECM does, seeking to acquire institutional quality, net leased properties, which are primarily leased to investment grade tenants. We are not fully aware of which net lease properties are being sold. A possible list of a few of the net lease properties could include the following:

Tenant - Property Type - City - Rentable Square Feet

MeadWestvaco net lease property - industrial Raphine, VA - 619,637
AT&T net lease property - office Tucker, GA - 406,292
FedEx net lease property - industrial Grayslake, IL - 214,745
Solae LLC net lease property - office St. Louis, MO - 171,750
Checkfree Services net lease property - office Dublin, OH - 150,000
International Paper Co. net lease property - industrial Marianna, FL - 114,595
Coca-Cola Enterprises net lease property - industrial Shreveport, LA - 100,000
Novus International net lease property - office St. Charles, MO - 90,722
T-Mobile USA net lease property - office Brownsville, TX - 78,421
T-Mobile USA net lease property - office Augusta, GA - 78,421
T-Mobile USA net lease property - office Salem, OR - 69,000

ECM's investment funds also invest in sale-leaseback commercial real estate assets that are either undervalued or when researched, show strong potential for value creation in the near future. These Net Lease Investments are sought through through acquisitions, direct sale-leasebacks with corporations and governments. This commercial real estate company seeks deals for investment property acquisitions with entity transactions, and joint ventures with other strong operators and institutions. Their NNN commercial real estate assets generate substantial income during the property holding period and are eventually sold with the objective of producing long-term capital gains.

The NNN commercial real estate company, Equity Capital Management have had various single tenant net lease properties that may be available for a potential 1031 Exchange transaction. Some very important 1031 Exchange time-lines are the 45 day Identification Period. Any net lease property that has the possibility of being a 1031 Exchange replacement property must be identified by the investor within a 45 days from the date of sale of the relinquished property. Also remember the 180 day 1031 Exchange Period. The 1031 Exchange must be completed by the investor within 180 days after the sale of the relinquished property.

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 Loanrise.com.

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Friday, March 25, 2011

Naples Triple Net Leased Property for Texas Investors

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Naples, Florida - Our Net Lease Properties comes form one of the most beautiful areas in the Country, and that is Naples, Florida. A once popular Triple Net Leased Property has sold. This Triple Net Leased Property had become known to be placed in the distressed net lease property category. This net lease property is called the "Collection at Vanderbilt" and now has new NNN commercial real estate investors to attempt to bring those retail shopping center back to prosperity.

Woolbright Development had developed this Naples retail shopping center back in 2006 with further work being done until 2009. The Boca Raton-based Woolbright Development did a fine job with the Collection at Vanderbilt, which is an upscale retail shopping center that is approximately 253,979-square-feet. This Triple Net Leased Property was developed to be anchored by The Fresh Market grocery store. Woolbright Development jumped in the Naples NNN commercial real estate market with this property and started with a list of excellent tenants. Woolbright Development had acquired the 30-acre property from David Hocker & Associates with plans for the upscale grocery-anchored retail shopping center.

One of the reasons this Triple Net Leased Property probably sold was a foreclosure judgment. A Commercial Loan in the amount of approximately $53.7 million was a problem for the NNN Commercial Real Estate Owners. Apparently the judgment on the Triple Net Leased Property was sold for an amount that we are unaware of, to The Shoppes at Vanderbilt, LLC. The Naples Triple Net Leased Property was then transferred to The Shoppes at Vanderbilt, LLC through a recent foreclosure sale. A certificate of title for this Triple Net Leased Property was received by the Investors on March 18, 2011.

The blueprint started to fail with The Fresh Market, a North Carolina-based grocer, pulled out of its net lease because of construction delays at the Triple Net Leased Property. The NNN Commercial Real Estate Owners tried to nail down Ada’s Natural Foods Market to take Fresh Market’s place, however problems arose and that lease failed. The NNN Commercial Real Estate Owners struggled to sign net lease property tenants and to keep the ones that were in place. The retail shopping center was only about 33% leased at the time of acquisition.

The value-added Property, Collection at Vanderbilt should now be able to feature a mix of upscale national and local retailers, an Restaurants. The NNN Commercial Real Estate Owners have plans for the property with additions and improvements to landscaping and signage. They also will start to market a lease up campaign and to complete the interiors of vacant space in the Triple Net Leased Property. The largest Tenant at this The Triple Net Leased Property is currently Lifestyle Family Fitness. The Naples value-added Property has nine mixed-use buildings, retail net lease space and office space available for net leases.

The Triple Net Leased Property was designed by architect Marc Wiener from the Boca Raton, Florida area. The Collection at Vanderbilt has a beautiful Mediterranean-style design with an open layout, features large walkways creating a pedestrian friendly retail shopping center. The Triple Net Leased Property also has been uniquely designed for Restaurants with comfortable outdoor seating areas. The Triple Net Leased Property has an excellent location on the northwest corner of Vanderbilt Beach Road and Airport Pulling Road. This North Naples location for the Triple Net Leased Property has a close proximity to two Ritz-Carlton Golf Resorts.

The new NNN Commercial Real Estate Owners from Texas own second homes in the beautiful Naples area. The Texas partnership also acquired the two outparcels which are on Vanderbilt Beach Road and Airport-Pulling Road. The NNN Commercial Real Estate Owners from Texas now own 29.6 acres in Naples. This was the seventh commercial property acquisition for this Texas partnership.

The NNN Commercial Real Estate is positioned in the affluent Naples town, with an average household income of approximately $102,957 within a 5 mile radius. This sizable income is almost twice the national average. The Triple Net Leased Property also benefits form being situated in close proximity to the spectacular Greg Norman's Tiburon Golf Community and Pelican Marsh Community. This NNN Commercial Real Estate development is perfect for net lease Tenants with upscale boutiques, fine restaurants, and specialty shops.

Contact Net Lease Properties to purchase NNN Property or for 1031 exchange replacement property.

Some NNN Properties examples:
• Arby's NNN Ground Lease
• Burger King NNN Ground Lease
• Carl Jr's NNN Ground Lease
• Checkers NNN Ground Lease
• Chick-Fil-A NNN Ground Lease
• Chipotle NNN Ground Lease
• Dunkin Donuts' & Baskin Robbins NNN Ground Lease
• El Pollo Loco NNN Ground Lease
• Jack in the Box NNN Ground Lease
• KFC NNN Ground Lease
• Long John Silvers NNN Ground Lease
• McDonald's NNN Ground Lease
• Panda Express NNN Ground Lease
• PDQ NNN Ground Lease
• Pizza Hut NNN Ground Lease
• Portillo's Hot Dogs NNN Ground Lease
• Rally's NNN Ground Lease
• Sonic Drive In NNN Ground Lease
• Starbucks NNN Ground Lease
• Steak N' Shake NNN Ground Lease
• Taco Bell NNN Ground Lease
• Tim Hortons NNN Ground Lease
• Wendy's NNN Ground Lease
• White Castle NNN Ground Lease

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Wednesday, March 16, 2011

Texas Net Leased Property Lands Tenant

Texas-net-lease-properties-Industrial-Dallas

Dallas - Forth Worth, Texas - The Industrial Net Lease Properties keep hitting the news for commercial real estate investing. The latest net lease properties information involves Duke Realty Corporation. The Grand Lakes master-planned industrial park has landed a new net leased property Tenant. Duke Realty Corporation was able to sign up Keystone Automotive Industries for a portion of the Industrial Net Lease Properties in Grand Lakes.

Industrial Park For Sale

This Industrial Park is approximately 130 acres, located in the middle of Dallas and Fort Worth, Texas. The net leased property, Grand Lakes I, is approximately 755,399 square-feet of a state-of-the-art bulk warehouse facility. The Industrial net leased property is located in Grand Prairie, Texas, which is under 10 miles to the west of Dallas. Keystone Automotive Industries will have a net lease for approximately 167,999 square feet at Grand Lakes I, in the Texas industrial park. This new net lease will push the Grand Lakes industrial park to approximately 73% occupied. Keystone Automotive can keep their capital on hand rather than have to get a Commercial Loan to purchase the Texas Property.

Duke Realty Corporation is currently one of the largest commercial real estate companies in the Country. The commercial real estate firm, Duke Realty owns, manages, and develops industrial net lease properties, healthcare net lease properties, and office properties across the Country. The commercial real estate firm performs its rental operations through its subsidiary, Duke Realty Limited. The commercial real estate firm also offers services such as investment property and asset management, development, leasing and construction.

Strong Anchor Tenants

The commercial real estate firm landed a strong net lease property Tenant. Keystone Automotive offers one of the widest selections of replacement collision parts and supplies in the auto industry. This net leased property Tenant has been conducting business for over 50 years. Keystone Automotive provides an important cost-savings choice in a previously noncompetitive market, and is a heavily relied on Company for products in a slow economy. This net leased property Tenant, Keystone Automotive was purchased in 2007, by LKQ Corporation.

The Industrial Net Leased Property is at the address of 4003 Gifford Street, Grand Prairie, Texas with the zip code 75050. The Industrial net leased property opened its doors in later part of 2006. This net lease property deal will allow the Keystone Automotive to consolidate operations from two separate existing facilities in Dallas, to be at one location. This net leased property transaction provides Keystone Automotive with more square footage than the combined space of the existing locations. The net leased property Tenant, Keystone will make the move to the Texas Industrial NNN Commercial Real Estate this month.

This Texas Net Leased Property features:
• Bulk warehouse facility
• 32' clear ceiling height
• Trailer storage available
• 50' x 50' typical column spacing; 60' staging bay
• ESFR sprinkler system
• Building can be rail served by Union Pacific Railroad
• Excellent Highway access to I-30, I-35, SH 360 and Loop 12
• Triple Freeport inventory tax-exempt status; TIF District
• Tilt-up concrete exterior construction

Contact us for Net Lease Properties to purchase NNN Property or for 1031 exchange replacement property.

Featured Properties:
7-Eleven Net Lease Properties
Aaron Rents Net Lease Properties
Academy of Sports Net Lease Properties
Advance Auto Net Lease Properties
Alcoa Net Lease Properties
American Standard Net Lease Properties
Applebee's (Ground Lease) Net Lease Properties
Arby's Net Lease Properties
AutoZone Net Lease Properties
AutoZone (Ground Lease) Net Lease Properties
Bank of America Net Lease Properties
Bank of America (Ground Lease) Net Lease Properties
BB&T Net Lease Properties
Benihana Restaurant Net Lease Properties
Best Buy Net Lease Properties
BJ's Wholesale Net Lease Properties
Breuners Net Lease Properties
Bridgestone-Firestone Net Lease Properties
Carl's Jr. Net Lease Properties
Carmax Net Lease Properties
Chase Bank (Ground Lease) Net Lease Properties
Chili's (Ground Lease) Net Lease Properties
Chipotle Mexican Grill Net Lease Properties
Circle-K Net Lease Properties
Coco's Restaurant Net Lease Properties
Comcast Net Lease Properties
Comp USA Net Lease Properties
Cost Plus Net Lease Properties
Cracker Barrel (Ground Lease) Net Lease Properties
CVS Net Lease Properties
Dave & Busters Net Lease Properties
Davita Net Lease Properties
Del Taco Net Lease Properties
Denny's Net Lease Properties
Dollar General Net Lease Properties
Dollar Tree Net Lease Properties
Duckwall-ALCO Store Net Lease Properties
Family Dollar Net Lease Properties
FedEx Freight Net Lease Properties
FedEx Ground Net Lease Properties
Food 4 Less Net Lease Properties
Georgia Pacific Net Lease Properties
Gold's Gym Net Lease Properties
Goodyear Net Lease Properties
Hardee's Net Lease Properties
Harris Bank Net Lease Properties
Hy-Vee Stores Net Lease Properties
IHOP Net Lease Properties
Jack In The Box Net Lease Properties
JC Penney (ground lease) Net Lease Properties
Jewel-Osco Store Net Lease Properties
Jo-Ann Fabrics Net Lease Properties
KFC Net Lease Properties




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Thursday, March 10, 2011

Silicon Valley Net Leased Property for Skype

Silicon-Valley-Net-Leased-Properties-Stanford

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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Wednesday, March 9, 2011

Boynton Town Center with Best Buy Sold for $59 Mil

boynton-town-center-NNN-lease-properties-Florida-Best-Buy
Boynton Beach, Florida - Net Lease Properties news today is from an area we know very well, the Boynton Beach Net Lease Investment market. The Retail Power Center, Boynton Town Center has recently sold. Some reports have this Net Leased Retail Shopping Center as selling approximately 201,979 square feet. However, the commercial real estate developer, The Sembler Company, developed this net leased property as a total of approximately 399,916 square foot regional retail power center.

The Net Leased Property, Boynton Town Center is located at the northeast corner of N. Congress Avenue and Old Boynton Road. This net lease property sits in the heart of the Boynton Beach retail district. The net leased Retail Shopping Center consists of a wide variety of restaurants, retail, office and service oriented net lease tenants. This net leased property is currently approximately 92% leased.

The St. Petersburg-based commercial real estate developer Sembler Company sold the Boynton Town Center. The net leased property has SuperTarget, Best Buy, Total Wine & More and Michaels anchoring the center, but this transaction did not include the large SuperTarget store. The SuperTarget building is owned by Target Corp. and therefore not involved in this net lease property sale. We are not aware if this net leased proprty was involved in a 1031 Exchange.

The net leased property buyer was Morguard Investments. This net leased property buyer is currently based in Canada. The Retail Power Center had some of the net lease tenants opened their doors in 2007. The Net Leased Property is anchored by excellent Tenants, including SuperTarget, Best Buy and Michael's. Michaels’ took over approximately 23,407 square feet in this net leased property, opened late in 2009. Boynton Town Center is at the prime address of 1000 North Congress Avenue in Boynton Beach, with the 33426 zip code.

This net leased property, Boynton Town Center is a recently developed, high quality retail power center. As we see developable Land becoming very scarce in South Florida, this will be one of the last retail net leased properties developed in this area of Palm Beach County. A net leased property across the street had a Circuit City close down. That net leased property is now a Dick's Sporting Good retail store. Another NNN Commercial Real Estate Investment across the road had a quaint Borders Book Store close down. That Net Lease Property at 525 North Congress Avenue in Boynton Beach, Florida is now a store for Off Broadway Shoes.

The net leased property sold for $59 million. The Net Leased Property Seller was an affiliate of the Sembler Company. The Sembler Company has developed many architecturally beautiful retail shopping centers. Currently, the Sembler Company commercial real estate development company has been involved in over than 130 retail shopping centers. These net leased retail shopping centers have over 27 million square feet of retail space. The majority of these net leased properties are in the Eastern United States.

Some of the Net Leased Property Developments include:
• grocery anchored centers
• power centers and regional shopping centers up to 1,500,000+ SF
• mixed-use lifestyle centers
• banks and drugstores
• over 200 build-to-suits

The Sembler Company is known as a leader in the retail shopping center industry. The commercial real estate development company has received a variety of awards including:
• named by the Atlanta Business Chronicle as the Top Retail Commercial Real Estate Developer in Atlanta for eight consecutive years
• named 5th Fastest Growing Retail Developer in the United States by the Chain Store Age Magazine
• named 5th Fastest Growing Management Company in the United States by the Chain Store Age Magazine.

Boynton Town Center is a net leased property that truly benefits from its location. The net leased property sits between two significant residential developments to fuel the business of the net lease tenants here. Nearby is Renaissance Commons, which is a mixed-use development. This Mixed-use commercial real estate development is adjacent to the north and includes more than 1,000 residential units and has some retail net leases. The Net Leased Property will benefit in the future with an additional 2,000 units planned in a separate commercial real estate development.

The Boynton Beach Mall is situated just west of the Boynton Town Center net leased property. The Boynton Beach Mall was recently renovated and had additions to the retail shopping center. This area is very supportive of net leased properties as it is a densely populated area of Boynton Beach, Florida.

The net leased property, Boynton Town Center currently has the following net leased Tenants:

Anchors
SuperTarget
Best Buy
Michaels

Apparel & Accessories
Jos. A. Banks Clothiers
Payless ShoeSource
Shoe Carnival
Styles For Less

Health & Beauty
Hot Heads Salon
Massage Envy
Merle Norman - Coming Soon
Sport Clips
USA Spa Nails

Home Furnishings
Mattress Giant

Restaurants & Dining
Five Guys Burger & Fries
Jason's Deli 561-738-1820
Jimmy John's
Moe's Southwest Grill
Panda Express
Pollo Campero
Red Lobster (a new modern Restaurant theme)
Rotelli's Italian Restaurant
Shane's Rib Shack
Sweet Surrender

Service Providers
Gilman & Ciocia Tax & Financial Planning
Pearle Vision
PNC Bank - Coming Soon
RBC Centura Bank
Solantic Urgent Care

Specialty Shops
Hertz Jewelers - Coming Soon
Total Wine and More (an excellent store for wine enthusiasts)
Family Christian Stores
Game Stop

Contact Net Lease Properties to sell your net lease properties, or purchase NNN Property.

If you are ready to purchase Commercial Real Estate or a Triple Net Leased Property, you can apply for Commercial Loans at Loanrise.com.
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