Net Leased Shopping Center with Publix Anchor Sold

St. Cloud, Florida - Net Lease Properties news for Wednesday, August 11, 2010 is regarding one of our favorite net leased properties. Publix was founded in 1930, and is one of the largest and fastest-growing employee-owned supermarket chains in the United States.

Inland Real Estate Acquisitions, Inc. has purchased the grocery-anchored shopping center in St. Cloud, Florida. The shopping center known as the Publix Shopping Center was acquired for $9.363 million. This commercial real estate investment was constructed in 2003.

This net leased 78,820 square-foot Publix Shopping Center is currently 100% leased. Anchored by Publix Super Markets, Inc., which is the dominant supermarket chain operating in Florida. Publix has proven to be a very strong anchor for this shopping center.

The net leased property is located across from a Wal-Mart Supercenter and a Home Depot. This St. Cloud shopping center is approximately 20 miles south of the Orlando International Airport.

The Publix Shopping Center is leased to sixteen tenants. With this net lease, each tenant is required to pay its proportionate share of real estate taxes, insurance and common area maintenance costs. Publix, the anchor tenant of this property pays an annual base rent of approximately $536,000 under a lease that expires in October 2023.

Net Lease Properties & Non Recourse Loans

If you feel this is the right time to invest in Commercial Real Estate, Multi-Family Apartment Buildings, Shopping Centers or Net Lease Properties then contact us, HERE. We can also assist you with your Non Recourse Loan and Net Lease Funding to purchase a new property.

SIKON builds a new TooJay’s Deli in Plantation

PLANTATION, FLorida - A new TooJay’s Gourmet Deli was completed for by SIKON Construction.
This Florida Commercial Real Estate is located at The Fountains, at 801 S. University Drive in Plantation.
This is a 415,000sf shopping plaza with anchors by Marshall’s and Kohl’s.
Estimated at a cost of $1.2 million, for this 6,311 sf TooJay’s Gourmet Deli.
The project was designed by CPH Engineers Inc., of Sanford, Florida.
Kohl's are a Triple Net Lease Property is check out. We can assist you with some excellent Financing, possibly a Non Recourse Loan.

Commercial Real Estate
11420 U.S. Highway 1
North Palm Beach, FL 33408
(561) 707-7712‎

Net Lease Properties Email Here

Pei Wei Asian Diner plans for Sarasota location

SARASOTA - The appetizing and affordable, Pei Wei Asian Diner chain has plans for South Florida-based RCC Associates General Contractors to build another restaurant location. The new Pei Wei Asian Diner will be at University Center, in Sarasota.
This will be another Florida Pei Wei establishment combining with others in Tampa Bay, Orlando and Boca Raton.
Pei Wei Asian Diner belongs to its parent company, P.F. Chang’s China Bistro, based in Phoenix.
The new location for Pei Wei will be at 8511 Cooper Creek Blvd., by University Parkway.
It is projected to be a restaurant sized at 3,027 sf, capable to seat 94 hungry people.
This Sarasota Pei Wei Asian Diner is scheduled for completion in this month.
NNN Commercial Real Estate has eaten at some of these and were very pleased with the Restaurant.

Net Lease Funding & Commercial Real Estate Search

If you feel this is the right time to invest in Commercial Real Estate, Multi-Family Apartment Buildings, or Triple Net Lease Properties then contact us, HERE. We can also assist you with your Commercial Real Estate Mortgage and Net Lease Funding to purchase a new property.