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Tuesday, November 30, 2010

Triple Net Leased Property with Krystal

triple-net-lease-properties-krystal-NNN

Panama City Beach, Florida - Today we have Net Lease Properties data from Panama City Beach, Florida. A net lease investment Tenant that we have not seen much of recently, Krystal is leasing the building. The net leased property with Krystal sold for $1,325,000.

The tenant, KREA, LLC (a wholly-owned subsidiary of The Krystal Company), is supposed to sign an 18-year "NNN" Triple Net Lease commencing at the Close of Escrow. The NNN lease will contain four, 5-year options to renew and a percentage rent clause. In addition to the basic rent set forth in the NNN lease, commencing in year two of the lease term, Tenant agrees to pay the Landlord an additional fee. This net lease Tenant will pay an amount equal to 3% of Adjusted Net Sales for the restaurant, if any, in excess of the Adjusted Net Sales, for the restaurant during the first 12 month's of the restaurant's operation.

This "NNN" Triple Net Lease is corporately guaranteed by The Krystal Company. The Krystal Company was founded way back in 1932. The Krystal Company is the oldest quick service restaurant chain in the South and the second oldest in the United States of America. The Chattanooga, Tennessee-based company currently has approximately 376 restaurants in Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, South Carolina, Tennessee, Texas and Virginia.

This net lease property is a 2,433-square foot-single-tenant retail building. The net lease property seller was a Limited Liability Company from Tennessee. The net lease investment buyer was a New Jersey investor in a 1031 Exchange. The Triple Net Lease Properties address is 9958 Hutchison Boulevard, Panama City Beach, Florida 32407. We see some of the Krystal triple net lease properties with free wi-fi available.

The net lease property property is a freestanding Krystal and located on Hutchison Boulevard in Panama City Beach. This net lease investment recently opened last July. The store set an all-time record for new store openings. The triple net lease property is located across from a Walmart Supercenter, and adjacent to other national tenants such as: Country Inn & Suites, Zaxby's, KFC, and Backyard Burger. There is a net lease property with McDonald's nearby also. Within approximately 1 mile of this triple net lease property are several tourist attractions and resorts such as Ripley's Believe It or Not!, Coconut Creek Family Fun Park, WonderWorks, Oasis Resorts, and Majestic Beach Towers. WonderWorks, a new four-story, 39,000 sq. ft. attraction is scheduled to open at the end of June and is twice the size of the Orlando location. Reports have suggested that Panama City Beach will grow and is expected to increase approximately 26% in the 5-mile radius over the next 5 years.

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 Investments. Also contact us to sell your existing Net Lease Properties or a 1031 Exchange Property.

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





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Monday, November 29, 2010

Net Lease Investment with CVS Pharmacy

Farmington Hills, Michigan - We are going back to Farmington Hills for our Net Lease Properties news today. Aside from the fact that there are many great Triple Net Lease Properties in the Detroit Suburbs, Agree Realty Corporation is located there. Agree Realty Corporation have purchased another net leased property. This net leased property has CVS as the Tenant. The net lease investment with CVS Caremark Corporation is located at the intersection of Storrs Road and Middle Turnpike Road in Mansfield, Connecticut. The purchase of this net leased property came to almost $3,300,000. The net lease has CVS with approximately 16 years remaining on the base term.

This net lease investment is situated at 632 Middle Turnpike in Mansfield, Connecticut. Some net leased properties Tenants nearby are Dunkin' Donuts, Bank of America, Starbucks and other Retail Tenants. We have many Investors desiring Triple Net Lease Properties with a solid national Credit Tenant. Mansfield is approximately 25 Miles northeast of the Hartford-Brainard Airport (HFD)located at 251 Maxim Road, in Hartford, Connecticut.

CVS Pharmacy is one of the largest pharmacy chains in the United States. They are leasing in many Triple Net Lease Properties locations, with approximately 6,200 stores across 40 states. As the retail pharmacy division of CVS Caremark, it sells prescription drugs and a wide assortment of general merchandise, including over-the counter drugs, beauty products and cosmetics, film and photo finishing services, seasonal merchandise, greeting cards and convenience foods through their CVS/pharmacy retail stores and online through They provide healthcare services through its Minute Clinic healthcare clinics as well as their Diabetes Care Centers. Most of these clinics are located within CVS stores which make for great Tenants for Triple Net Lease Properties.

Agree Realty is involved in the ownership, management and development of Commercial Properties. The majority of their Investment Property Portfolio are primarily Net Lease Properties. These Net Lease Investments are made up of single tenant properties leased to major retail tenants and neighborhood community shopping centers. Agree Realty owns and operates an Investment Property Portfolio of 78 commercial properties. These Commercial Properties are located in 16 states and containing 3.5 million square feet of leasable space.

If you are in position to get into a sale-leaseback with your Publix Net Leased Properties, Walgreen's Net Leased Properties, McDonald's Net Leased Properties or other "NNN" Triple Net Lease Properties, CONTACT US HERE. We have a list of Investors desiring to purchase Investment Property with a sale-leaseback of Investment Grade Credit Tenants.

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

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

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Sunday, November 28, 2010

Net Leased Property with Lowe's Tenant

triple-net-lease-properties-lowes







Farmington Hills, Michigan - Today we have Net Lease Properties information on Agree Realty Corporation. Agree Realty Corporation is on the right path again as they purchase a net leased property with Lowe's as Tenant. Lowe's is a great Tenant for any Triple Net Lease Properties acquisition. Agree Realty Corporation purchased a property ground leased on a long-term basis to Lowe's. The net leased property is on a 14.4 acre parcel. The net lease investment is located at the intersection of Concord Mills Boulevard and Derita Road in Concord, North Carolina.

The Lowe's at 8670 Concord Mills Boulevard is a prototypical Lowe's Home Improvement store. The purchase price of this net leased property was approximately $9,900,000. As far as the lease is concerned, Lowe's has 18 years remaining on the base term of the ground lease. The net lease site is across the street from the Concord Mills Mall. That Retail Shopping Center attracts millions of visitors per year and is the largest tourist attraction in North Carolina.

Agree Realty Corporation is very pleased to add that Net Lease Property to their expanding Investment Property Portfolio. Their Investment Property Portfolio has some highly desired net lease properties. This asset combines three fundamental elements that they look for when acquiring net lease properties: superior real estate, a high-credit national retailer and a long-term leasehold interest.

Agree Realty is involved in the ownership, management and development of Commercial Properties. The majority of their Investment Property Portfolio are primarily Net Lease Properties. These Net Lease Investments are made up of single tenant properties leased to major retail tenants and neighborhood community shopping centers. Agree Realty owns and operates an Investment Property Portfolio of 78 commercial properties. These Commercial Properties are located in 16 states and containing 3.5 million square feet of leasable space.

This Net Lease Property is not far from the Charlotte Motor Speedway. The Charlotte Motor Speedway is located at 5555 Concord Parkway in Concord, North Carolina. This is NASCAR Country with Lowe's as the top sponsor for Jimmie Johnson. Jimmie Johnson's recently won his fifth straight Sprint Cup championship aboard the Lowe’s Chevy of Hendrick Motorsports.

They have a Tour called, "Feel the Thrill" at Charlotte Motor Speedway. It has been enhanced to provide you with an opportunity to see areas of the legendary super-speedway that are not accessible to fans on race days. This way NASCAR Fans can learn the storied history of “The Greatest Place to See the Race”. This exciting tour lasts nearly an hour and allows fans to experience the extreme 24-degree banking in the turns when the tour van takes a lap around the 1.5-mile track. You will also get to see the NASCAR Sprint Cup Series and NASCAR Nationwide Series garages located in the infield. You can ride down pit road and stop for a picture in Victory Circle.

Triple 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 Properties. Also contact us to sell your existing Net Lease Properties portfolio.

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

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

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



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Friday, November 26, 2010

Triple Net Lease Property with McDonald's Tenant

triple-net-lease-properties-nnn

Yulee, Florida - Our Net Lease Properties data this afternoon is on a prime tenant, McDonald's. If you are searching for triple net leased properties, McDonald's is a wise choice for a Tenant. We would like to report of a net lease investment with McDonald’s on lease, selling for $1.54 million. This net lease property is located in the Shoppes at Amelia Concourse. The in the Shoppes at Amelia Concourse is in Yulee, Florida. Yulee is about 15 miles north of Jacksonville International Airport (JAX), in Jacksonville, Florida.

The net leased property is an outparcel to both Target and Home Depot in the Shoppes at Amelia Concourse. The existing lease with MacDonald's is a 20-year lease. This absolute triple-net lease property (NNN) has a corporate ground lease with 17 years remaining. The net lease investment with McDonald’s, is located at 463761 SR 200 in Yulee.

The triple net lease property seller was a a developer from Jacksonville, Florida. The triple net lease property is a 3,960-square-foot building. The triple net lease property buyer is a private investor from Weston, Connecticut.

The total of the Shoppes at Amelia Concourse is 394,625 square feet with Home Depot and Target as the anchor Tenants. The region of this net lease investment is host to numerous festivals and world class events, including the Isle of Eight Flags Shrimp Festival. Some other events for this Yulee, Florida area are the Amelia Island Concours d'Elegance, the Bausch & Lomb Tennis Championship, and it is home to six championship golf courses.

Yulee is in Nassau County, Florida. The population was 8,392 at the 2000 census to generate foot traffic for "NNN" triple net lease properties. The city was named for David Levy Yulee, a Senator from Florida. We do not see many "NNN" triple net lease properties come available, with McDonald's as Tenant.

If you are in position to get into a sale-leaseback with your Publix Net Leased Properties, Walgreen's Net Leased Properties, McDonald's Net Leased Properties or other "NNN" Triple Net Lease Properties, CONTACT US HERE. We have a list of Investors desiring to purchase Investment Property with a sale-leaseback of Investment Grade Credit Tenants.

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

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


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Wednesday, November 24, 2010

Net Lease Investment for Distribution Facility

 net-leased-property-nnn

Melrose Park, Illinois - Our Net Lease Properties data today goes back to Duke Realty Corporation (Duke Realty). We have read about several deals by Duke Realty Corporation with a joint venture formed with CB Richard Ellis Realty Trust. They have participated in numerous net lease properties transactions. Some information on Melrose Park. In 1871, Allen Eaton and Edward Cuyler formed Melrose Realty Co. to develop the land west of Maywood. Edward Cuyler was a developer who probably subdivided what is now that part of Chicago including Melrose Street.

Our information today is on a Duke Realty expanding their Investment Property Portfolio. Duke Realty purchased a net leased, industrial property in the Chicago area. This net lease property is known as the Melrose Business Center. The net leased, industrial property is a 458,620 square foot, Class A bulk distribution facility. This Investment Property is located in Melrose Park, Illinois. Currently the net leased property is 100% leased which is great news for the Chicago area.

The purchase of this net lease investment, raises Duke Realty’s industrial portfolio in this area, to more than 1 million square feet. The Net Lease Investment seller was the State Teachers Retirement System of Ohio, which is a pension fund.

Mecalux S.A., a privately held company leases the majority of square footage. Mecalux S.A. is a privately held company that specializes in the design, manufacturing, sale and servicing of metal racking, automated warehouses and other storage solutions. Our research finds that in April 2011, Mecalux will take the space that will become available at that time. This net leased property will have a new extended lease for their entire facility, with Mecalux S.A. as Tenant.

This net lease investment is in the O’Hare and I-290 submarkets. This area where the net lease investment, have some of the largest concentrations of industrial space in the entire world. This appears to be a very desirable area for net leased, industrial properties with its proximity to the greater Chicago area, O’Hare International Airport and major highways, including I-294 and I-290.

This Investment Property was developed in 2000, is a precast, tilt-wall facility with 30' ceiling clear heights. This net lease investment has 16 loading docks, which can be expanded to 110; nine drive-in doors and 50' x 40' bay spacing. The acreage surrounding the investment property provides for a 141' deep truck court, 96 trailer parking spaces and 100 automobile spaces. The net lease investment is located at 1600 N. 25th Avenue.

Duke Realty employs more than 60 people and owns, manages, or has under development more than 15 million square feet of office and industrial properties in their Investment Property Portfolio. Duke Realty is headquartered in the greater Dallas/Fort Worth area. Duke Realty controls 200 acres of land for future development in the market. On a nationwide basis, Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE and is listed on the S & P MidCap 400 Index.

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 Investments. Also contact us to sell your existing Net Lease Properties or a 1031 Exchange Property.

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

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Tuesday, November 23, 2010

Net Leased Property Fully Occupied with Samsung Electronics

Dallas, Texas- Our Net Lease Properties news comes from the Great State of Texas today. We see that Samsung Electronics has agreed to lease an additional 130,002 square feet in Point West VII. This net lease investment is an industrial building Duke Realty owns in Coppell. Coppell is approximately 12 miles north of the Dallas - Fort Worth International Airport (DFW) at E Airfield Dr, Dallas, Texas. This net lease property already has 261,025 square feet leased to Samsung since late in 2009.

The net lease property, Point West VII, is located just off I-635 at Belt Line Road. The Net Leased Property has provided Samsung with the transportation options it was looking for in its distribution strategy. This net lease property is considered an industrial leasing opportunity for Samsung. This accessibility, along with Point West VII’s Foreign Trade Zone status, and features that this net lease property provides, has afforded Samsung some advantages that other locations could not offer.

This Net Lease Property is already having a build-out of the space underway, and Samsung will begin moving into the space in very soon. This Investment Property, Point West VII, is at 240 Dividend Drive. This Investment Property being leased is Samsung Mobile’s largest cell phone distribution facility in the United States. Samsung has seen demand for its products grow recently. Samsung seems very pleased with Point West VII and Duke Realty’s willingness to work with them on expansion needs.

Duke Realty Corporation has developed and owns the net lease property. This Net Lease Property Owner has a winning combination of a modern, well-located building and a Company who is willing to work with Tenants on their needs. This is a good reason that the net lease property is now 100 percent leased.

Duke Realty employs more than 60 associates and owns, manages, or has under development more than 15 million square feet of office and industrial properties in their Investment Property Portfolio. Duke Realty is headquartered in the greater Dallas/Fort Worth area. Duke Realty also controls 200 acres of land for future development in the market. On a nationwide basis, Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE and is listed on the S&P MidCap 400 Index.

We see a growing demand for multifamily apartment buildings and net lease properties to be acquired for a 1031 Tax Deferred Exchange. A 1031 tax deferred exchange (1031 Exchange) is an excellent tool available to owners of commercial real estate investments. Retail Shopping Centers and Triple Net Lease Properties are an ideal debt replacement Vehicle for Investors using a 1031 tax deferred exchange.

CONTACT US HERE for:
Triple Net Lease Properties
Investment Property For Sale
Sale-Leaseback Transactions
NNN Ground Lease
1031 Exchange Solutions
NNN Properties
Net Leased Investments

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

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Monday, November 22, 2010

Net Leased Property with hhgregg Tenant

net-lease-investment-hhgregg

Miami Beach, Florida - We have Net Lease Properties information on a fairly new Tenant for South Florida. A new Tenant leasing space at the Westland Promenade Shopping Center, is tenant hhgregg. hhgregg is an Indianapolis-based retailer of consumer electronics, home appliances, and related products and services. hhgregg has leased approximately 23,500 square feet at Retail Shopping Center in Hialeah, Florida. Hialeah is near Miami, Florida, about 4 miles from the Miami International Airport. This Net Leased Property Tenant is scheduled to open in June of next year, The leased space is currently leased by OfficeMax. The net lease is a 10-year retail lease.

Hhgregg (NYSE: HGG) currently has 157 stores, mostly in the Midwest and Southeast. This is hhgregg's first net lease in the South Florida Commercial Real Estate Retail market. The Indianapolis-based chain plans to open as many as 45 stores in the mid-Atlantic region. With this growth, the Retail Shopping Centers with hhgregg will have many openings employment. They have a net leased property store, at 7412 Stream Walk Lane, Manassas, Virginia, that was scheduled to open this fall. hhgregg opened a distribution center in Prince George's County late last year, hiring 100 workers at that location. Also hhgregg, to be more specific, is leasing in the states Alabama, Indiana, Kentucky, North Carolina, South Carolina, Tennessee, Ohio, and Georgia. They also are beginning a thriving online retail business.

Back to the South Florida Retail Shopping Center Westland Promenade, with hhgregg coming, is a 325,854 square foot power shopping center. This Net Lease Investment was built in 1990 and renovated in 2007. This Net lease property is located at very busy interchange of Palmetto Expressway and Okeechobee Road. Some of the othe national tenants at this Net Lease Investment include Sports Authority, Big Lots, Chuck E. Cheese's and Floor & Decor.

The South Florida space will be 100% leased to hhgregg (Gregg Appliances, Inc.),as we mentioned above, is one of the nation's leading retailers. We had some information on their Company as of March 31, 2009, hhgregg, Inc. (NYSE: HGG) reported revenues of more than $1.4 billion and a net income of almost $36.5 million. Also, as of December 31, 2009, hhgregg, Inc. had a net worth in excess of $241 million. This Tenant could be the answer for your net lease properties which may need to be leased. As far Net Lease Properties already leased to hhgregg, Inc., we have seen 7% Cap Rates. This hhgregg, Inc. Tenant is an option for your next 1031 Exchange.

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 Properties. Also contact us to sell your existing Net Lease Properties portfolio.


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

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

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

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Sunday, November 21, 2010

Sale-Leaseback of National Retail Tenant

nnn-leased-properties-jc-penney

Amherst, New York - New York State is where our Net Lease Properties news comes from today. In a sale-leaseback transaction, the Tenant exercised their option to purchase the Net Leased Property. The National retailer J. C. Penney purchased its own store in the Boulevard Mall. J. C. Penney had been leasing for nearly four decades. This Retail Shopping Mall is located at 730 Alberta Drive in Amherst, New York. There have been question if National Retailers and Drug Stores purchase the Investment Property after their lease is complete. J.C. Penney, as well as other shopping center anchor tenants, sometimes purchase their own parcels from mall developers. This Retail Shopping Center has other Anchor Tenants such as Sears, and Macy's. This Mall has Banana Republic, Champs Sports, Foot Locker, Gap, Hollister Co., La Rosa Pizzeria, M & T Commercial Bank, Radio Shack and many others leasing space.

Some commercial real estate investors believe it’s not uncommon for National anchor stores like J. C. Penney to buy their own building from their landlord. Quite often their lease includes an option to buy and the rent is about to be increased. Some commercial real estate investors feel the value in J.C. Penney is in their Commercial Real Estate, Investment Property Portfolio.

This Net Lease Property was purchased by The Plano, Texas-based department store company, through JC Penney Properties. They paid $3.05 million to for this Net Lease Investment. The J.C. Penney address is 1303 Niagara Falls Boulevard in Amherst. The Net Leased Property seller was Buffapenn Associates LP. The net lease property at one time had been owned by Carl Icahn’s Icahn Enterprises LP, but was sold to Buffapenn in 2004. Amherst is about 6 miles from the Buffalo Niagara International Airport (BUF)located at 4200 Genesee St, in New York.

This commercial real estate process started as a sale-leaseback. J.C. Penney, had built the 192,715- square-foot store in 1971 and sold it to Buffapenn. J.C Penney, in the sale-leaseback transaction, leased it since then. A sale-leaseback allows the lessee to write off its entire rent payment instead of just depreciation and the interest portion of the commercial mortgage debt. J.C. Penney owns approximately 41 Million square feet of its retail space. They also own about 11.2 Million square feet of owned distribution space.

CONTACT US HERE for:
Triple Net Lease Properties
Investment Property For Sale
Sale-Leaseback Transactions
NNN Ground Lease
1031 Exchange Solutions
NNN Properties
Net Leased Investments

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





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Friday, November 19, 2010

Triple Net Lease Properties with Convenience Stores

Rochester, New York - Our Net Lease Properties information today is on an Investment Property Portfolio of "NNN" triple net lease properties. Broadstone Real Estate, LLC under Broadstone Net Lease, Inc. (BNL) purchased these triple net lease properties. Broadstone Net Lease, Inc. paid $14.7 Million for the Investment Property Portfolio.

Broadstone Net Lease, Inc. is a private Commercial Real Estate Investment Trust (REIT) that invests in freestanding, single-tenant, net-leased properties located throughout the United States. Broadstone Net Lease, Inc. now holds a diversified portfolio of medical office buildings (MOB), restaurant, net leased convenience stores, specialty office and distribution centers. Broadstone Net Lease, Inc. has an Investment Property Portfolio that includes 71 commercial properties located in 19 states. Broadstone Net Lease, Inc. is currently targeting net lease property acquisitions in the $5 to $15 million range.

The recent acquisition is for seven triple net-leased properties, that are convenience store sites. These triple net lease properties are leased to Lehigh Gas Corporation with an initial lease term of 20 years. The net lease investments are located in Pennsylvania, New Jersey and Kentucky. The net lease investment sites are operated under a variety of different brands. Broadstone Net Lease, Inc has acquired 18 net leased properties for a combined purchase price of $46.7 Million so far in 2010. Broadstone Net Lease is expected to complete several more transactions before the year ends.

An example of this sale-leaseback with net lease properties of a Shell-branded gas and convenience store. A sale-leaseback allows the lessee to write off its entire rent payment instead of just depreciation and the interest portion of the commercial loan payments. This net lease investment subject property is located in Pennsylvania. This Shell-branded gas station is approximately 2,510 square feet and has an additional 1,912 square feet of canopy. The net leased property sits on a lot that is approximately 17,270 square feet. The Investment Property was constructed in 1985.

The net lease investment has a triple-net lease with an initial cap rate of 8.00 percent and zero landlord responsibilities. Some of these leases has a corporate guarantee by Lehigh Gas Corp. on certain triple net lease properties with convenience stores and gas service.

CONTACT US HERE for:
Triple Net Lease Properties
Investment Property For Sale
Sale-Leaseback Transactions
NNN Ground Lease
1031 Exchange Solutions
NNN Properties
Net Leased Investments

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


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Thursday, November 18, 2010

Grocery-Anchored Shopping Center in 1031 Tax Deferred Exchange

grocery-anchored-shopping-center-NNN

Sandy, Utah - Our Net Lease Properties data today is on a grocery-anchored shopping center. A & B Properties Inc. purchased the Historical, Little Cottonwood Center in Sandy, Utah. A & B Properties Inc. is a subsidiary of the Alexander & Baldwin Incorporated. A & B Properties, Inc. is a diversified commercial real estate company, which includes land, planning, entitlement and management of commercial, residential and resort developments. They own diversified a commercial real estate, Investment Property Portfolio in Hawaii and seven mainland states.

This Investment Property Portfolio reflects A & B Properties' investment strategy of acquiring and managing high-quality retail net lease properties, office and industrial properties in key markets. Properties, Inc. has owned two other commercial investment properties in the Salt Lake City area for several years. This Net Leased Property purchase gives A & B Properties' Investment Property Portfolio about 7.7 million square feet of retail, office and industrial space

This new Net Lease Investment purchase was for $20.5 million. The Net Lease Property is located at 1846 E 9400 S, in Sandy, Utah with a zip code of 84093. This net lease investment is situated at 1838 East and 9400 South Street, approximately 17 miles from downtown Salt Lake City. Little Cottonwood Center is a grocery-anchored shopping center with strong national and regional tenants, located in a suburban community of Salt Lake City. The Retail Shopping Center was acquired using 1031 tax-deferred exchange proceeds from recent sales. This historical, Retail Shopping Center is 146,600 square-feet.

Little Cottonwood Center is a grocery-anchored shopping center with strong national and regional tenants. This Net Lease Property is located in a highly desirable, growing suburban community of Salt Lake City. The Retail shopping center is approximately 97% occupied and its tenants include Fresh Market, Starbucks, Discount Tires and Texaco. Also a favorite net lease property with McDonald’s as Tenant is located here. The purchase price included the assumption of a $6.4 million commercial loan, with an attractive 5.5% interest rate.

We see a growing demand for multifamily apartment buildings and net lease properties to be acquired for a 1031 Tax Deferred Exchange. A 1031 tax deferred exchange (1031 Exchange) is an excellent tool available to owners of commercial real estate investments. Retail Shopping Centers and Triple Net Lease Properties are an ideal debt replacement Vehicle for Investors using a 1031 tax deferred exchange.

CONTACT US HERE for:
Triple Net Lease Properties
Investment Property For Sale
Sale-Leaseback Transactions
NNN Ground Lease
1031 Exchange Solutions
NNN Properties
Net Leased Investments

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

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Wednesday, November 17, 2010

Net Leased Properties Sold in Las Vegas

net-lease-investment-carls-jr

Las Vegas, Nevada - We have reports of a Net Leased Carl's Jr selling in Las Vegas. We have not had many Net Lease Properties reports from Nevada recently. Carl's Jr. is a popular Net Leased Property tenant out west in California and Nevada. This particular Net Lease Investment is located at 7125 S. Rainbow Drive in Las Vegas, Nevada.

This was an excellent opportunity to acquire an absolute net leased property, with no landlord responsibilities. The tenant, working as Carl's Jr. is responsible for all taxes, insurance, and maintenance. The net lease property is in the first year of a 20 year absolute "NNN" lease with 10% increases every 5 years. The net lease tenant is S.L. Investments. They are a well established Company and is the master franchisee for the Las Vegas market.

This is a well positioned net lease property outparcel on Rainbow and Arby just South of the Arroyo Market Place. Some large Anchor Tenants nearby include include Sam's Club, Walmart, Home Depot, and several other national retailers within minutes. The net leased property is located on Rainbow just South of I-215.

This Net Lease Investment with Carl’s Jr.’s restaurant, sold for $3.157 million. This is an attractive Investment Property as Carl’s Jr. has a "NNN" triple net lease on the property. This Net Lease Investment was constructed earlier this year. The restaurant pays $225,000 in rent annually for the first five years followed by 10 percent annual increases every five years.

The Net Lease Property seller, Arby Rainbow LLC, sold the 2,885 square-foot Carl's Jr. property. This net lease investment sits on 0.67 acres, inside Rainbow Arby Community Plaza. The Net Lease Property Buyer was a private investor paying the
$3.157 million, which equates to roughly $1,094 per square foot.

Also news for the Las Vegas Net Lease Properties area is a Walgreen's sold. Donald Morelli purchased a Net Lease Investment at 9305 S. Eastern Ave. in Las Vegas, Nevada. This Investment Property is a 13,905 square-foot retail building at Corporate Service Center. The Net Lease Investment sold for $5.05 million, or $363 per square foot. This Net Lease Property was built in 1999 and sits on 1.72 acres, in Clark County. The Net Lease property has a great Tenant with Walgreen's on a net lease.

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 Investments. Also contact us to sell your existing Net Lease Properties or a 1031 Exchange Property.

Here are some of the Retail Single Tenants that may be available as a Net Lease Investment or Triple Net Lease 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
  • Chase Bank Net Lease Properties
  • Carl's Jr 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
  • IHOP 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
  • Petsmart 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

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




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Tuesday, November 16, 2010

Retail Shopping Centers for 1031 Exchange Option

Fort Myers, Florida - Our Net Lease Properties comes from the west coast of Florida for the day. The Colonial Square Town Center and the Shops at Village Walk were purchased for close to $38.4 million. These Retail Shopping Centers are situated adjacent to each other in Fort Myers, Florida. The Retail Shopping Centers total approximately 350,000 square feet for both properties.

The buyer of these net lease properties is Inland Diversified Real Estate Trust, Inc. The first net lease property is the Shops at Village Walk. This Net Lease Investment is approximately 93.8% leased to ten tenants. The major anchor tenant of the net lease property is Publix, one of our favorites. This Net Lease Investment receives from Publix, an annual base rent of approximately $788,000 under a lease that expires in October 2029. Reports are that under the terms of the net lease, Publix has seven five-year options to renew through October 2064.

These two net lease properties together are called "Benderson Retail Portfolio." The current cap rates at time of purchase for Colonial Square Town Center and Shops at Village Walk were approximately 7.69% and 8.08%.

Colonial Square Town Center has the anchor Tenant, Kohl's store. All current vacancies in the centers are covered by earnout closings. The Retail Shopping centers are newly developed. The net lease investment, Colonial Square Town Center was built in 2008 and Shops at Village Walk was built in 2009.

The Net Lease Property, Colonial Square Town Center, is 97.4% leased to fourteen tenants. The weighted-average remaining commercial real estate lease term for the tenants occupying the property is approximately nine years. Aside from Anchor Tenant Kohl's, the Investment Property has some other great Tenants. The Tenants include,The Sports Authority, which pays an annual base rent of approximately $754,000 under a lease that expires in January 2024. Under the terms of the lease, The Sports Authority has three five-year options to renew through January 2039. The other Tenant is Hobby Lobby, who will pay an annual base rent of approximately $386,000 under a lease that expires in January 2026. The Hobby Lobby store is not yet open for business.

The sellers of the net lease properties are Colonial Square Associates, L.L.C. and Shops at Village Walk, L.L.C. The Net Lease Property buyer, Inland paid approximately $27.6 million for Colonial Square Town Center and approximately $10.8 million for Shops at Village Walk. Inland will not be required to pay the earnouts on these spaces unless the spaces are leased, or the tenants are paying full rent, as the case may be, pursuant to the parameters set forth in the purchase agreement within thirty-six months of closing.

The net lease investments' occupancy rate for Colonial Square Town Center was 83.3%. The occupancy rate for Shops at Village Walk was 71.2%. There are four competitive Retail Shopping Centers located within approximately two miles of these net lease properties.

A 1031 tax deferred exchange (1031 Exchange) is an excellent tool available to owners of commercial real estate investments. Retail Shopping Centers and Triple Net Lease Properties are an ideal debt replacement Vehicle for Investors using a 1031 tax deferred exchange.

CONTACT US HERE for:
Triple Net Lease Properties
Investment Property For Sale
Sale-Leaseback Transactions
NNN Ground Lease
1031 Exchange Solutions
NNN Properties
Net Leased Investments

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




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Monday, November 15, 2010

Publix-Anchored Retail Shopping Center Purchased

nnn-net-leased-property-publix-grocery-anchor


Ocala, Florida - Our Net Lease Properties is from Florida, the Sunshine State today. A Retail Shopping Center was purchased recently. This Florida Commercial Property is a Publix Grocery Anchored retail shopping center in Ocala. Ocala is about 85 Miles northwest of Orlando International Airport (MCO). The Net Lease Property Buyer is Excel Trust. This Publix Grocery Anchored Retail Shopping Center is called Shops at Foxwood. This Publix Grocery Store decided to relocate to the 54,000 square foot prototype from a smaller adjacent store. The new Publix Net Lease Property features a drive-through pharmacy. This Publix Grocery Anchored Retail Shopping Center has an address of 4899 NW Blitchton Blvd. (US 27), in Ocala, Florida.

Retail Shopping Center

Excel Trust purchased this multi-tenant retail shopping center for approximately $12.6 million. This Retail Shopping Center was built in 2010. The Net Lease investment is a 78,660 square foot Retail Shopping Center is approximately 93.5% leased. They have an attractive Net Lease Investment with an anchor Tenant Publix grocery store leasing space.

This Net Lease Property was recently built by Commercial Real Estate developer Michael Collard Properties. This Publix-anchored Retail Shopping Center also features tenants such as Subway, Jackson Hewitt, Roma Italian restaurant, UPS Store, Supercuts, Publix Liquor, and Dr. Snooze Mattresses. This Retail Shopping Center has one of our favorite Net Lease Investments, McDonald's. The Publix Grocery Anchored Retail Shopping Center is located on the corner of US 27 and 49th Avenue in Ocala near Interstate 75 (I 75).

Real Estate Investment Trust

Excel Trust, Inc. is a retail focused REIT (Real Estate Investment Trust). This REIT searches Investment Property and targets community and power centers, grocery anchored retail shopping centers. The REIT also purchases freestanding retail Net Lease Properties. This interest in Net Lease Properties is a wise decision given many are "NNN" Triple Net Lease Properties with zero landlord responsibilities. Excel Trust does intends to elect to be treated as a REIT, for U.S. federal income tax purposes, commencing with the taxable year ending December 31, 2010. Excel Trust trades publicly on the "NYSE" New York Stock Exchange under the symbol "EXL."

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


We specialize in providing Triple Net Leased Properties to investors who are involved in a 1031 exchange.
CONTACT US HERE for:
Triple Net Lease Properties
Investment Property For Sale
Sale-Leaseback Transactions
NNN Ground Lease
1031 Tax Deferred Exchange Solutions
NNN Properties
Net Leased Investments

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




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Sunday, November 14, 2010

Net Lease Investments with Walgreen's Tenant

1031-net-leased-property-walgreens

Harrington, Delaware - Today we have Net Lease Properties news from Delaware. This area has been off our charts for Triple Net Lease Properties news recently. However now we see some nice Net Lease Investments with Walgreen’s as Tenant. A Single-Tenant Net-Leased property leased to Walgreens has sold. This Net Lease Investment sold for $5.494 Million, which comes to a 7.50% cap rate.

This Net Leased Property with Walgreen’s is located at U.S. Route 13 and Clark Street. As far as Net Lease Investments go, this Walgreens was a rare relocation store built in 2010. This performing net lease property is situated on a 2.29 acre parcel. It features a fantastic new 25-Year lease with 10 Five-Year options. What a great net lease investment for this 14,820 square foot building to be had at a 7.50% Car Rate.

The buyer of this net lease property needed it to facilitate a 1031 tax deferred exchange. The Net Lease Property Investor obviously recognized the value in owning a Walgreen’s within the tri-state area. The Buyer may have made a wise move as reports have Walgreens cutting down their development for the next couple of years. Triple Net Lease Properties are an ideal debt replacement Vehicle for Commercial Real Estate Investors using a 1031 tax deferred exchange.

A nearby "NNN" Triple Net Lease Property located at 9202 Commercial Center Drive, in Bridgeville, should be closing soon. Bridgeville is approximately 16 miles south of Harrington, Delaware. This NNN Investment Property with a lease to Walgreen’s is a relocation of an inline store. It is across the street as part of the Bridgeville Park Center anchored by Food Lion. This "NNN" Net Lease Investment was a Happy Harry' s which was a highly successful drugstore chain before it was acquired by Walgreen’s.

This Net Lease Investment was offered with a new 25-year, absolute triple net lease. This new Net Lease Property leased to Walgreens is situated at the commercial intersection of Delaware State Route 404 (Seashore Highway) and U.S. Route 13 (Dupont Highway). This location is a major thoroughfare for east-west travelers from the Washington and Baltimore area to Delaware beaches.

The Net Leased Property leased to Walgreens offered several unique features that made the Walgreen's Net Lease Site attractive. First, the store is a relocation store for the tenant. Walgreen’s will be closing its existing store, which is at a far inferior location in the shopping center on the opposite corner. This Net Leased Property is strategically positioned at a far superior corner location. This intersection in Bridgeville is located along one of two frequently traveled roads to the Delaware beaches and gets a high amount of traffic during the summer months. The location of this Net Lease Investment has the proximity to the beaches, and housing growth in this area is huge given slow growth in other States.

We offer single tenant, net leased properties to qualified buyers. "NNN" Triple Net Lease Properties located on primary thoroughfares in heavy retail corridors with excellent visibility make for fine investments. Also, NNN Properties with No Landlord responsibilities in a strong retail area with an above average household income and long term net leases are highly desirable. Net Lease Properties can be purchased individually or on a portfolio basis.

CONTACT US HERE for a solid recession resistant net lease investment. Also contact us to sell your existing Net Lease Properties portfolio.

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.



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Friday, November 12, 2010

Sale-Leaseback Transaction & Net Leases

Montvale, New Jersey - Our topic today for Net Lease Properties is on sale-leaseback transaction and sale-leaseback financing. We saw an announcement that The Great Atlantic & Pacific Tea Company, Inc. (A & P) has entered into an agreement with Winstanley Enterprises, LLC and certain of its affiliated entities (Winstanley). This Commercial Real Estate sale-leaseback transaction will have The Great Atlantic & Pacific Tea Company, Inc. sell six of its retail locations. These Investment Properties will sell for $89.8 million, exclusive of closing costs.

Terms of this sale-leaseback deal, Winstanley agreed to purchase 100% of the Company's interest in six Pathmark retail shopping center properties. These retail shopping center properties make up approximately 329,000 square feet, These Investment Properties are located in New York, New Jersey, Pennsylvania and Delaware. This Investment Property Portfolio are 95% occupied and leased to A & P grocery.

A & P has been a fantastic Grocery Store for years in States like New Jersey. The Great Atlantic & Pacific Tea Company, Inc has been working on improving their Company. Valassis has entered into a multi-year partnership with The Great Atlantic & Pacific Tea Company to develop and execute in-store marketing and media programs. A&P, has a mission to enhance the customer experience, drive customer value and develop a clear brand identity everyday.

This sale-leaseback transaction with net lease properties is another step forward in their comprehensive turnaround strategy. A&P will continue to analyze areas across their business to identify ways to further strengthen their financial foundation and improve their performance. Last month, after announcing that their second-quarter loss had doubled from a year earlier, A & P said its turnaround plan, including cutting costs, would help improve business.

A & P was founded in 1859, and is one of the nation's first supermarket chains. The Company operates 395 stores in six states and the District of Columbia under the following names. These Retail Grocery Stores are A&P, Waldbaum's, Pathmark, Best Cellars, The Food Emporium, Super Fresh and Food Basics.

The sale-leaseback transaction with respect to five of the six properties has already closed, and the sale-leaseback transaction with the sixth net leased property is expected to close soon. Sale-leasebacks and sale-leaseback financing vehicle, net leases, can be used by companies to raise cash for immediate growth with the new funds. By doing net leases with sale-leaseback transaction with their Commercial Real Estate, Corporations can provide their own alternative sources for financing.

If you are in position to get into a sale-leaseback with your Net Leased Properties, such as Walgreen's Net Leased Properties, McDonald's Net Leased Properties, Publix Net Lease Properties or other "NNN" Triple Net Lease Properties, CONTACT US HERE. . We have a list of Investors desiring to purchase Investment Property with a sale-leaseback of Investment Grade Credit Tenants. Many large Companies consider sale-leaseback transactions and then operates those stores under Long term, triple net leases.
We specialize in providing Triple Net Lease Properties to investors who are involved in a 1031 exchange.
CONTACT US HERE for:
Commercial Lease Properties
Triple Net Properties
Investment Property For Sale
Buying Investment Property
Net Leased Properties
1031 Tax Deferred Exchange
NNN Properties
Net Leased Investments
NNN Investment Properties For Sale

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



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Thursday, November 11, 2010

NNN Investment Properties with Credit Tenants

Tucson, Arizona - Our Net Lease Properties data comes from the southwestern region of the United States, today. One of best Credit Tenants for Net Lease Investments, Walgreen's is in our sights today. A Triple Net Leased Property sold in Tucson, Arizona. This "NNN" Triple Net Leased Property was purchased by 7201 S Figuerola, LLC. The NNN Investment Property is located at 7111 E. Golf Links Rd. in Tucson. The Seller of the Triple Net Leased Property was Royal Investors Group. Royal Investors Group received $5 Million, or roughly $324 per square foot for this "NNN" Triple Net Leased Property.

We believe that "NNN" triple net lease properties are most desired. A NNN Investment Property with No Landlord responsibilities whatsoever is one of the fastest growing products for Investment Property Portfolios. This Tucson NNN Investment Property is a 15,413-square-foot single-story retail building leased to Walgreens. The Triple Net Lease Property was built in 2008. This Net Lease Investment is situated in the Desert Square Shopping Center. The Desert Square Retail Shopping Center is on the Northeast corner of Golf Links & Kolb Road. This Retail Shopping Center, Desert Square is very well-located on Tucson's southeast side. There are currently several great spaces available in a variety of sizes. This is a great opportunity for a retailer to lease property in a very high trafficked area.

Our Investment Property Search revealed another "NNN" Triple Net Leased Property in the Tucson area. We were a little late as it is under contract. This Net Lease Investment is a freestanding absolute "NNN" single-tenant Walgreen's property. This Triple Net Leased Property is also located in Tuscon, Arizona. This Triple Net Leased Property is a new Walgreens with a corporate, NNN lease. Walgreens (NYSE: WAG) is rated A+ by Standard & Poor' s.

Some additional aspects for this Net Lease Investment is that it is an outparcel to Target Greatland. This "NNN" Triple Net Leased Property is surrounded by dense residential development as well as a strong mix of national retail Tenants. These Net Lease Tenants include Pier One, Fry's, Ross, Bed Bath & Beyond, Office Max, Petco, Dress Barn, Subway and Starbucks.

If you are in position to get into a sale-leaseback with your Publix Net Leased Properties, Walgreen's Net Leased Properties, McDonald's Net Leased Properties or other "NNN" Triple Net Lease Properties, CONTACT US HERE. We have a list of Investors desiring to purchase Investment Property with a sale-leaseback of Investment Grade Credit Tenants.

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

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



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Wednesday, November 10, 2010

Triple Net Lease Property with IHOP Tenant Sold

net-lease-investment-IHOP






West Valley City, Utah - Today we have Net Lease Properties information from Utah. We have not performed an Investment Property search in this area for some time. Recently a Net Lease Investment sold in West Valley City. West Valley City is approximately 8.2 Miles south of the Salt Lake City International Airport (SLC) which is located at S. Rio Grande St, Salt Lake City, Utah. The address of this Net Lease Investment is 3383 Decker Lake Drive in West Valley City, Utah.

This Triple Net Lease Property owned by WB Equities was sold to a trust controlled by Moses Ouzuonian. We are not aware of the sales price yet on this net lease investment however it was being offered for $2.32 million. This Net Lease Property is a 4,114 square-foot retail building and was marketed as a 6.75% Cap Rate. This Triple Net Lease Property is situated on a 44,815 Square foot lot. IHOP restaurant has approximately 17 years left on its 25-year primary term "NNN" triple net lease. Of course the "NNN" triple net lease properties are most desired.

This IHOP Corporate guarantee on the absolute triple net lease property is a Trophy IHOP restaurant. The triple net lease began September 2002 with 10% increases every 5 years, including the three 5-year options to renew. This Triple Net Lease Property benefits from the 44,815 square feet (1.03 Acre) with 63 parking spaces. This Triple Net Lease Property also maintains a very strong location with the profitable businesses nearby. A NNN Investment Property with No Landlord responsibilities whatsoever is one of the fastest growing products for Investment Property Portfolios.

This Triple Net Lease Property is within one mile from The E-Center, Salt Lake City' s 10,000 seat entertainment venue (1-block north), the Hale Centre Theater. Other restaurants nearby are a Chili' s (next door), Ruby Tuesday' s, Training Table, and Applebees. Other businesses close to this triple net lease property are Country Inns, La Quinta Inn, Holiday Inn Express, Stay Bridges Suites, Baymont Inn, Sleep Inn, Denny' s, Cracker Barrel Restaurant, Crystal Inn, Wells Fargo, Pizza Hut, and a fresh coffee from Starbucks. A Retail Shopping Center named the Valley Fair Mall is close with Anchor Tenants such as Macy's, JC Penney's, Cinemark Theater, Olive Garden and TGI Fridays. There are over 1,200 hotel rooms in the 8 hotels located near by the absolute NNN Investment Property with Tenant IHOP restaurant.

We offer single tenant, net leased properties to qualified buyers. "NNN" Triple Net Lease Properties located on primary thoroughfares in heavy retail corridors with excellent visibility make for fine investments. Also, NNN Properties with No Landlord responsibilities in a strong retail area with an above average household income and long term net leases are highly desirable. Net Lease Properties can be purchased individually or on a portfolio basis.

CONTACT US HERE for a solid recession resistant net lease investment. Also contact us to sell your existing Net Lease Properties portfolio.

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.


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