CVS Net Lease Properties Portfolio Sold

Naples, Florida- We have a CVS portfolio deal to report on, for Net Lease Properties news. A Net lease property portfolio sold that was comprised of 13 single-tenant, net leased with CVS drugstores as the Tenants. This nationwide Net lease property portfolio was purchased by Cole Real Estate Investments of Phoenix. Cole Real Estate Investments is currently one of the nation’s most active investors buying quality, income-producing commercial real estate developments. Cole Real Estate Investments paid approximately $70 million for this Net lease property portfolio.

Cole Real Estate Investments prefers investing in Net leased properties which are single-tenant properties. This NNN Investment strategy is proven to be one of the best long-term options when investing in commercial real estate. Cole Real Estate Investments seeks net lease properties to achieve a relatively high percentage of total return from income. Also NNN Lease Investments are expected to exhibit a relatively low degree of price volatility.

Cole Real Estate Investments does invest in net lease properties portfolio so that the tenant, not the landlord, is responsible for the majority of or all costs of maintaining the property, including taxes and insurance. These net lease properties portfolios generally have occupancy rates that are over and above 90%. The Cole Real Estate Investments underwriting team performs extensive due diligence on all net lease properties. This is to ensure that they possess the core characteristics that Cole Real Estate Investments require for their commercial real estate investments. Cole Real Estate Investments strives for Long-term net leases to reduce the potential for major re-leasing during their projected property holding term.

This is an approximately 174,000 square-foot investment property portfolio with CVS drugstores. These CVS Net leased properties are located throughout California, Florida, Georgia, Kansas, Minnesota, Mississippi, New Jersey, New York, Oklahoma, South Carolina and Texas. These new CVS Net leased properties were opened in 2009 and 2010, and are leased with approximately 24-year triple-net lease terms. Given these facts, Cole Real Estate Investments should not have to think about leasing these net lease properties until 2035. Although at any point Cole Real Estate Investments can get into a 1031 Exchange with any or all of these triple net lease properties.

NNN Commercial Real Estate that is net-leased to national credit tenants are in high demand with high-net worth private investors and real estate investment trusts (REITs). The future availability of new CVS triple net leased properties could be getting slimmer. With news in the past year that CVS will decrease new store openings and they will focus on rival drugstore buyouts to compete with. There was no mention of assumable fully Amortizing Debt or Investment Property financing.

We can show additional reasons why NNN Commercial Real Estate Investors enjoy CVS as a net-leased tenant. This information below is from the the source at www.cvs.com:

CVS Caremark (NYSE: CVS) is the largest pharmacy health care provider in the United States. Through their integrated offerings across the entire spectrum of pharmacy care, they are uniquely positioned to provide greater access, to engage plan members in behaviors that improve their health, and to lower overall health care costs for health plans, plan sponsors, and their members. As one of the country's largest pharmacy benefit managers (PBMs), they provide plan sponsors and participants access to a network of over 62,079 pharmacies including more than 7,023 CVS pharmacy drugstores.

CVS Caremark has given employment to 200,016 people. As of September 30, 2010, CVS operated 7,149 retail drug stores, 569 MinuteClinic locations, 44 retail specialty pharmacy stores, 18 specialty mail order pharmacies, five mail service pharmacies, and the CVS.com and Caremark.com Web sites.

Company Highlights
More than $99 billion in annual revenue
Ranked 18th on Fortune 500 for 2010
No. 1 provider of prescriptions – more than 1 billion prescriptions filled or managed annually
75% of the U.S. population lives within three miles of a CVS (benefits NNN Properties)
Creditworthy tenants who provide a stable flow of income to triple net lease properties investors

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


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Net Lease Investment Sold with Burger King as Tenant

Fort Myers, Florida – Net Lease Properties information today is coming from the west coast of Florida. A Commercial Real Estate Investment Brokerage firm helped procure the purchase of a Triple Net Property (NNN). The purchase price of this triple net lease property was $900,000 for a Burger King investment property in Fort Myers. This net lease investment lies in Lee County, Florida.
This triple net property is approximately 4,365 square feet and sits on a commercial parcel that is 40,500 sq ft, or just under one acre.
The net lease property is located at 9041 College Parkway, at the hard corner of College Parkway and South Pointe Blvd. This net lease property is operated by Furman’s Inc, a regional franchisee of Burger King for over 30 years.
Some Burger King franchisees are spending big money to take part in Burger King’s chain-wide remodeling program. This program calls for all 12,000 worldwide stores to be fitted with rotating chandeliers, electronic-screen menus, and appealing walls of brick and corrugated steel.
Triple Net Lease Properties still look attractive for commercial real estate Investors. Should you purchase a net lease investment with a credit tenant with consistent returns? The other alternatives to compare triple net lease investments with are the low interest rates of a certificate of deposit (CD's) or money market accounts.

Net Lease Properties & Commercial Loans

Contact us HERE. for a solid recession resistant net lease investment. We can assist you with your search for Net Lease Property Investments. Also contact us to sell your existing Net Lease Properties portfolio.

There are plenty of benefits of Net Lease Investments such as using a 1031 tax deferred exchange. Unlike other investments, commercial real estate is a great tax saver and helps you defer capital gains tax by using the 1031 tax deferred exchange.

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

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

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

Freestanding Single Tenant Grocery Store Sold

Sun Prairie, Wisconsin - Net Lease Properties information today is on a free-standing building leased to Copps Food Center. This leased property was acquired through a joint venture of Inland Real Estate Corp. of Oak Brook, Illinois. The commercial real estate was purchased for $11.7 million. Sun Prairie is approximately 14 miles North East of Madison, Wisconsin.

The net leased property is located at 640 East Main Street, in Sun Prairie, Wisconsin.
This free-standing retail building is 100% occupied by and leased to Copps Grocery Store. Copps Grocery Store is owned by Roundy's Supermarkets, Inc., a Milwaukee based grocer. Copps Grocery Store has a long-term lease for this 61,048 square foot retail building.

Inland Real Estate Corp. is a self-administered and self-managed publicly traded real estate investment trust (REIT). Inland owns interests in 142 open-air neighborhood and lifestyle shopping centers and single tenant, net lease properties.

We are always seeking Publix freestanding, Single Tenant Grocery Stores for sale. Publix Super Markets, Inc. is the dominant supermarket chain operating in Florida.

Triple Net Lease Properties & Commercial Mortgage Loans

Feel free to Contact us HERE to purchase various net lease investments. Also Contact us HERE to sell your existing Net Lease Properties portfolio. We have relationships with plenty of commercial real estate investors interested in purchasing net lease investments. We provide tremendous marketing and exposure for your net lease properties, resulting in the highest pricing and quicker closings.

If you are considering purchasing Commercial Real Estate or a Triple Net Leased Property, Loanrise.com can assist you with CTL Financing or Commercial Loans.

Check out the Featured Commercial Property For Sale.

Palms at Town & Country to include Loehmann's

Miami Beach, Florida - Our Net Lease Properties information is from the exciting, vibrant Miami Beach area. A Miami Net Leased Property is having a major renovation. The Net Leased Property is owned by TIAA-CREF. The Miami Net Leased Property is called the Palms at Town & Country. Initially the redevelopment is an addition of a Nordstrom Rack, which will net lease possibly 33,799 square feet. Previous reports on this Nordstrom Rack was that they would lease 26,757 square feet of this net leased property. The redevelopment stage with Nordstrom Rack should open sometime in October of 2009.

The Miami Net leased Property, Palms at Town & Country, is a 400,123-square-foot, open-air retail shopping center. This NNN Commercial Real Estate development is currently under construction. The Miami Net leased Property is located at 8268 Mills Drive in Kendall, a growing suburb in Miami Dade County.

Nordstrom Rack will sell apparel and accessories for men, women and children at this open-air Mediterranean-themed retail shopping center. Nordstrom Rack is normally in business, selling apparel and accessories at 30% to 70% off the standard retail price. Nordstrom Rack has been in net lease properties in the Seattle, Washington and California area for over a decade.

The Miami Net leased Property, the Palms at Town & Country is being redeveloped by Flagler Development Group. The commercial real estate developer, Flagler Development Group, is very experienced. The Coral Gables-based Flagler Development Group owns, develops, leases and holds in joint ventures over 9.1 million square-feet of Class-A office and industrial property space. The commercial real estate developer also is involved with an additional 1.2 million square-feet of property that is currently under construction.

Coral Gables-based Flagler Development Group space consists of Class-A office and industrial properties, primarily in Jacksonville, Orlando, Ft. Lauderdale and Miami. Flagler Development Group also owns 921 acres of entitled Florida Commercial Real Estate land. This Florida Land is held directly and through joint ventures (JV), which is available for development of up to an additional 16.5 million square-feet.

The Miami Net Leased Property will have an excellent list of Tenants when completed. The new Florida lifestyle center will house fine restaurants and specialty stores. This retail district is referred to as the new “Downtown Kendall”. The Palms at Town & Country began leasing to retailers such as New York & Company, Marshalls, Men’s Wearhouse, Kohl's, Nine West Outlet, Publix, Kirkland’s, Outback Steakhouse, Toys “R” Us, CVS Pharmacy and 24 Hour Fitness.

This Miami Net Leased Property features a Professional - Medical Arts Center and a cozy boutique hotel overlooking one of Miami-Dade County’s most pristine lakes. The Miami retail shopping center is situated on a 75 acre Florida parcel. The Miami Net Leased Property is ideally positioned at the junction of the high traffic area with the Florida Turnpike and Kendall Drive. We are not aware of the Net Lease Funding for the current construction phase on the Miami net leased property.

The net leased property owner, TIAA-CREF is one of the largest institutional commercial real estate investors in America. These commercial real estate investors manage a global investment property portfolio totaling over $65 billion. TIAA-CREF originated its first commercial loan in the year of 1934 and then started to invest in NNN commercial real estate in 1947. Today, TIAA-CREF Global Real Estate invests in and actively manages commercial real estate on behalf of individual clients and institutional clients across the globe. TIAA-CREF's Global Investment property portfolio consists of over $22 billion in equity investments in office buildings, retail net lease properties, and industrial properties situated across the United States, Canada and Western Europe.

Contact Net Lease Properties to purchase NNN Property.

Contact Us for:
Triple Net Lease Properties
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RREEF Sees Good News in Store for Retail Category

Palm Beach, Florida - Net Lease Properties has information on the retail sector of Commercial Real Estate. Recently changes in the CTL (Credit Tenant Lease) market are showing positive signs. Some Credit Tenants is this sector have an opportunity to get a Non-Recourse Loan on the leased property.
Encouraging words seem harder to find about retail than about any other property sector these days, and the analysts at RREEF Research would hardly be mistaken for Pollyannas. Nevertheless, a new forecast from the Deutsche Bank affiliate finds reasons to sound a few modestly upbeat notes.
“Good news does exist for the retail sector,” RREEF Research stated in an analysis published last week as part of a commercial real estate investment forecast, offering neighborhood and community centers as particular beneficiaries. An average of 25 million square feet of new product came on line in the category while retail was booming between 2003 and 2007. While it is substantial, that figure still represents 6.5 million square feet of space less than the neighborhood and community categories added on average each year since 1981.
Also this is less than half the 54 million square feet of new inventory that came on line during the retail boom years between 1985 and 1990. Vacancies for those centers will peak at 10.5 percent this year, but they will decline to 9.5 percent as the commercial real estate market starts recovering in 2010, RREEF Research predicted.
Leasing velocity and rental rates will take the hardest hits this year in low-barrier-to-entry locations with low land costs—in particular, locations in the Southwest and the Southeast, with the exception of South Florida. Though no markets will escape the downward trend, a few will turn in better-than-average performances: Seattle, Washington, D.C., San Francisco, Oakland, San Jose, Los Angeles, Orange County, New York City and Miami. The small number of new leases being transacted makes it tricky to estimate how much rents will fall, but RREEF suggested that the most common range for declines will be 5 to 10 percent.
The forecast turned in no surprising recovery for 2009. Although, it speculated that the decline in retail sales might come to a halt by the middle of the year, with the beginning of a modest improvement by the fourth quarter. “More solid gains will not likely occur until 2010 and a vigorous rebound will wait until 2011,” the forecast stated. “Until then, the discounters and wholesale clubs should continue to outperform the sector.”
When the turnaround finally arrives, the luxury goods market will be among the first to recover. As seen with Sunrise, Florida, where High-end Retailers expand at Sawgrass Mills.

Discretionary retailers catering to the middle and lower-middle markets for electronics, apparel and mid-level department stores will follow. Bringing up the rear will be home-products stores, which RREEF Research projected are “likely to have the flattest bounce.”
Portions by Paul Rosta

Triple Net Lease Properties (NNN) & Commercial Real Estate

There are plenty of benefits of Net Lease Investments such as using a 1031 tax deferred exchange. Unlike other investments, commercial real estate is a great tax saver and helps you defer capital gains tax by using the 1031 tax deferred exchange.

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

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

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