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Showing posts with label Dunkin'-Donuts. Show all posts
Showing posts with label Dunkin'-Donuts. 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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Tuesday, April 12, 2011

North Carolina Net Lease Property lease to Williams-Sonoma Division

Triple-net-leased-property-Williams-Sonoma-NC
Charlotte, North Carolina – Net Lease Properties news goes back to Catawba County, in North Carolina. North Carolina, Tennessee and Florida are excellent choices for triple net lease properties. A Industrial Net Lease Property just signed a net lease with a major Tenant in Claremont, North Carolina. The Industrial Net Leased Property was net leased to a division of Williams-Sonoma.

This Net Leased Property consists of approximately 411,699 square feet of leaseable space. Sutter Street Manufacturing, a division of Williams-Sonoma signed the net lease for 100% of this distribution warehouse net leased property. This property will fit the needs for furniture manufacturing for Williams-Sonoma, with its 36’ clear ceiling heights.

This North Carolina Industrial Net Lease Property is situated at 2973 Kelly Boulevard in Claremont, with 28610 as the zip code. The Commercial property Owner is Kelly Boulevard Associates, LLC, and is made up of a joint venture (JV) of JER Partners from McLean, Virginia, and Fulcra Enterprises. The Joint Venture partner Fulcra Enterprises is headquartered in Cornelius, North Carolina. The joint venture of JER Partners and Fulcra Enterprises purchased the commercial property, which is a Class A Industrial Investment, for $9.5 million. The Industrial Net Leased Property in Claremont is approximately 45 miles from the Charlotte – Douglas International Airport.

The Industrial Net Lease Property was acquired by JER Partners and Fulcra Enterprises towards the end of the year of 2008. The North Carolina Industrial Net Lease Property was constructed in 1999 and is positioned on approximately 25.57 Acres. Kelly Boulevard Associates, LLC was able to acquire the North Carolina Commercial Property through bankruptcy proceedings. The North Carolina Commercial Property is a premier building that was developed by the previous property owner, Collezione Europa USA, Incorporated.

The Net Lease Property was built with state of the art features for and Industrial Building such as an ESFR Sprinkler system, and Insulated pre-cast concrete panels. The Commercial Property also was built with Insulated high doors with pit type levelers, seals, lights, awnings super-flat floors, and a complete racking system for convenience. We found through our Commercial Property research that this property was marketed at $3.25 per square foot for a net lease or at $16.5 million for a NNN Property purchase. NNN Commercial Real Estate analysts believes the average net lease rate for industrial properties in the Charlotte metropolitan statistical area (MSA) is approximately $4.36 per square foot. We are not privy as to if there was Net Lease Funding which was assumable on this property.

The NNN Industrial Property is situated just off I-40. The NNN Industrial Property has easy access to I-77, State Highway 321 and Interstate 85. The Commercial Property sits northwest of Charlotte and the Tenant, Sutter Street Manufacturing will use it to provide upholstered furniture for Williams-Sonoma. Back in 2008, Sutter Street Manufacturing opened a furniture manufacturing center in Hickory, which has some of the oldest furniture manufacturers in the United States. Williams-Sonoma believes in this area and liked the high quality construction of this high quality Industrial Warehouse Property.

One of the Industrial Net Lease Property Owners is JER Partners. This Commercial Property Owner is a management-owned, fully integrated private commercial real estate investment management company. This private commercial real estate investment management company has over 27 years of experience in sourcing, underwriting and managing a broad spectrum of commercial real estate investment properties and debt products in the U.S. and Europe.

The commercial real estate investment firm along with their financial and operating partners, have purchased and managed approximately 15,000 commercial investments, valued at over $27 billion. The commercial real estate investment firm invests not only in triple net lease properties but CMBS, mezzanine financing and other structured debt products. This private commercial real estate investment management company has been a Special Servicer of Commercial Loans and securities for over 20 years.

The other Net Leased Property Owner is Fulcra Enterprises. This company, Fulcra Enterprises is a commercial real estate investment and operating company located in the Charlotte, North Carolina metropolitan area. This commercial real estate investment company focuses on opportunistic and value-added properties to investment in. This commercial real estate investment company prefers to invest in the Southeast area as many of our Triple Net Lease Investors prefer. Fulcra Enterprises Inc. is involved in purchasing and selling net lease properties. The commercial real estate investment company was incorporated in 2004.

The first Williams-Sonoma retail store opened in 1956, selling a small array of cookware imported from France. Since that time the Net Lease Property Tenant has expanded their brand to hundreds of products from around the world. This net lease property Tenant currently has more than 250 stores nationwide. The net lease property Tenant, Williams-Sonoma, Inc. was founded in 1956.

This net leased property Tenant, Williams-Sonoma, Inc. is the premier specialty retailer of home furnishings and gourmet cookware in the United States. Their retail brands are among the best known and most-respected in the entire industry. Williams-Sonoma, Inc. offers high-quality, stylish products for every room in the house: from your kitchen to your comfortable living room, bedroom, home office and even the hall closet.

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

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Tuesday, April 5, 2011

Stop & Shop Triple Net Leased Property Sold

Stop-&-Shop-Triple-Net-Lease-Properties-New-Jersey
Teaneck, New Jersey - Our Net Lease Properties news this evening is from the Garden State, New Jersey. A single tenant net lease property (STNL) sold in Teaneck. This (STNL) investment asset sector provides the least risk and zero landlord responsibilities or low management responsibilities, is known as the Single Tenant Net Leased category.

The New Jersey absolute NNN Lease Property sold for $10.2 million. The triple net lease property has Stop & Shop in the building with the net lease guaranteed by Ahold. The net lease property Tenant, Stop & Shop grew from a single corner grocer to a leading grocery chain of over 373 stores. These retail Stop & Shop net leased properties are situated throughout New England, New York and New Jersey. Stop & Shop strives to offer their customers the best selection of food, high quality and value for more than 90 years.

One of the best Net Lease Property Brokers, Todd Tremblay, of Marcus & Millichap Real Estate Investment Services worked on this deal. Also involved were Bob Horvath, and Mike Lombardi of Marcus & Millichap Real Estate Investment Services. The Stop & Shop net leased property was acquired by a limited liability company, H&R LLC for approximately $244 per square foot. The Stop & Shop net lease property is about 42,100 square feet and located at 665 American Legion Drive, Teaneck, with 07666 as the zip code.

The Stop & Shop net leased property is in Teaneck, which is a township in Bergen County, New Jersey. This portion of New Jersey is a suburb in the New York metropolitan statistical area. The New Jersey Net Leased Property is approximately 27 miles from the John F. Kennedy International Airport (JFK).

Single Tenant Net Lease Properties 

The single tenant net lease property is situated on approximately 3.7 acres. The existing net lease is a 20-year lease term, with about 8 years remaining. The lease contains four five-year renewal options, prime rent increases every five years and zero landlord responsibilities. A nice deal for NNN Commercial Real Estate investors, with a corporate lease with AHOLD. There was a commercial loan on the net leased property to be assumed. The commercial loan has 8 years remaining. There appears to be a balloon payment at the end of the commercial loan for about $2,900,000.

This appears to be an excellent job by Todd Tremblay and his associates to get top dollar for the net leased property seller, FW Teaneck LLC. This triple net lease property was constructed in 1961. The Florida NNN Commercial Real Estate had approximately $1,000,000 worth of recent improvements paid for by Tenants, Stop & Shop - Ahold. The Triple Net Lease Property Tenant Ahold decided to convert all of their leading New England grocery stores to the Stop & Shop banner.

The triple net leased property is in Teaneck, which covers 6.25 square miles at the crossroads of Interstate 95 and Interstate 80, an is the fourth wealthiest county in New Jersey. Also to help NNN Commercial Real Estate prosper, the median household income for this area was $94,558 in 2008. This Stop & Shop triple net leased property is only a few miles from the Garden State Parkway. The population within a five-mile radius is approximately 486,193 with the median home value at $422,483.

This Stop & Shop NNN Lease Investment is close to New York City and about 19.5 miles from Newark Liberty International Airport. The most common employers currently in Teaneck are education, health care and professional services. Teaneck, New Jersey has been the home of Holy Name Medical Center, which is a 361 bed facility, for over 83 years.

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

Arlington • Atlanta • Austin • Baltimore • Birmingham • Boise • Boston • Brooklyn • Buckhead • Central Illinois • Charlotte • Charlotte Uptown • Chicago • Chicago Downtown • Cincinnati • Cleveland • Clinton • Coral Gables • Columbia • Columbus • Dallas • Denver • Des Moines • Detroit • Encino • Ft. Collins • Ft. Lauderdale • Ft. Worth • Grand Rapids • Honolulu • Houston • Indianapolis • Jackson • Jacksonville • Kansas City • Koreatown • Lafayette • Las Vegas • Little Korea • Little Rock • Long Beach • Los Angeles • Louisville • Madison • Manhattan • Memphis • Miami Beach • Milwaukee • Minneapolis • Nashville • New Haven • New Jersey • New Mexico • Newport Beach • North Beach • Oak Brook • Oakland • Oklahoma City • Omaha • Ontario • Orlando • Palm Beach Gardens • Palo Alto • Philadelphia • Phoenix • Pittsburgh • Portland • Providence • Raleigh • Reno • Reston • Sacramento • Salt Lake City • San Antonio • San Diego • San Francisco • Santa Fe • St. Louis • Seattle • St Petersburg • Tampa Bay • Teaneck • Troy • Tucson • Vero Beach • Washington, D.C. • West Los Angeles • West Palm Beach • Williamsburg • Yonkers

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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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Saturday, March 5, 2011

Industrial Triple Net Lease Properties in Illinois

net-lease-properties-industrial-chicago-illinois
Chicago, Illinois - Our Net Lease Properties information is on NNN Industrial Properties sales. These Industrial net lease properties may not have sold as frequently a few years back. Many Net Lease Properties Investors are seeking high-quality, well-leased properties in areas that appear to remain popular. Some Net Lease Properties analysts believe that Industrial net lease properties are near the top of the list for most stable properties. More and more Net Lease Properties Investors are jumping on Industrial net lease properties and many investors enjoy buying apartment building assets.

One of the popular Industrial triple net lease properties sold recently in Romeoville, Illinois. Romeoville is approximately 32 Miles south-west from the Chicago O'Hare International Airport (Ord), at 5600 Mannheim Road, in Chicago, Illinois. This Industrial triple net leased property sold for $30,200,000 which equates to approximately $36 per square foot for the property. The Industrial NNN Lease Property is situated at 740 ProLogis Parkway in Romeoville, Illinois. The is the largest single-building sale, in the Illinois Industrial Net Lease market, since January of 2008.

The Industrial triple net leased property is approximately 805,909 square-feet. This NNN Lease Investment is a Class A Industrial building which was built in 2006. The Industrial triple net leased property is in the South Interstate 55 Corridor, which is an Industrial sub-market. The Industrial triple net leased property offers to the net lease Tenant, 100 external loading docks, four drive-in bays (sufficient for loading Trucks) and a 32-foot clear height. The Industrial absolute triple net leased property is fully 100% leased to Kimberly Clark.

The triple net lease Tenant, Kimberly-Clark has sold products in more than 150 countries. The NNN Lease tenant maintains administrative, manufacturing facilities, operating and geographic headquarters in 35 countries. The triple net lease Tenant, Kimberly-Clark has their world headquarters located in Dallas, Texas. Kimberly-Clark is a leading-edge global company that produces superior essential products.

One of the Product Innovations for this NNN Lease Tenant are Kleenex Hand Towels.
Kimberly-Clark came up with disposable Kleenex Hand Towels, a first-of-their-kind solution for customers' growing concern for hand hygiene and preventing the rapid spread of germs.

The buyer of this Industrial triple net leased property was LaSalle Investment Management, a local Chicago-based commercial real estate investment firm. It appears they purchased this Industrial NNN Lease Investment for an attractive price. As this triple net lease property had sold for $34,750,000 when construction was finished in 2006.

LaSalle Investment Management is one of the world’s leading commercial real estate investment managers. LaSalle Investment Management has approximately 712 employees, located in 16 countries. This commercial real estate investment firm manages over $43.0 billion (as of the forth quarter of 2010) of commercial private property and public property equity investments. This commercial real estate investment firm benefits from a diverse client base which includes public and private pension funds, insurance companies, governments, endowments and private investors from across the World. We are not aware of the Commercial Loans on this NNN Property.

Colony Realty Partners (“CRP”) sold the Industrial triple net lease property. Colony Realty Partners is a privately held commercial real estate investment company. Colony Realty Partners seeks commercial real estate investments that have in-place, steady cash flow, or the ability to put cash flow in place in the near future. This commercial real estate investment company strives to find net lease properties which may be under-valued or demonstrate prospects for near and/or mid-term value creation.

The commercial real estate investment company (CRP) acquires and manages commercial real estate properties on behalf of many of the world’s leading institutional investors, including pension funds, public corporations, endowments, sovereign wealth funds, and high net worth individuals. More and more high net worth individuals are diving into NNN Commercial Real Estate 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, January 20, 2011

Arizona Triple Net Lease Properties

nnn-triple-net-lease-properties-tucson-walgreens
Tucson, Arizona - We travel to Tuscon for Net Lease Properties information this afternoon. We want to report that Cole Credit Property Trust acquired a "NNN" triple net leased property with Walgreen's as Tenant. This triple net lease property is a freestanding absolute "NNN" single-tenant. This great triple net leased property with Walgreen’s is located in Tuscon, Arizona. The NNN Lease Investment is situated 1145 South Harrison Road, with the 85748 zip code. The Lot Size for this triple net leased property is 1.74 Acres.

The (NNN) triple net leased property seller was the Barclay Group. We were not informed if this was a 1031 Exchange. The (NNN) triple lease property seller received $5.09 million, or approximately $357 per square-foot. This triple net lease property has excellent visibility with ingress and egress easily achieved. The area of this triple net lease property has approximately 175,000 people with an average household income of $70,750 within a 10-mile radius. This NNN Lease Investment is a new Class A quality construction building. NNN Commercial Real Estate Investors enjoy investing in a fast growing, high traffic retail area.

The NNN Commercial Real Estate investors purchased this property with a new Walgreen’s corporate, (NNN) triple net lease. One of the reasons that we like Walgreen's (NYSE: WAG) as a Tenant is that they are rated A+ by Standard & Poor's. This triple net lease property comes with a 25-year primary term. The Percentage rent is 2% of gross sales except food if any, and drugs, if any plus 0.5 of gross sales on food and prescription drugs.

This NNN Lease Investment is an out-parcel to Target Greatland, and is also surrounded by dense residential development. This triple net lease property has a strong mix of national retail properties nearby. Some of the net leased properties nearby are Pier One, Fry' s, Ross, Bed Bath & Beyond, Office Max, Petco, Dress Barn, Subway and Starbucks for your coffee needs. Our NNN Commercial Real Estate Investors are wanting to purchase these types of net leased properties. This triple net lease property benefits from a Corner location. The average traffic counts of 35,639 cars per day (VPD) help fuel this NNN Lease Investment. The NNN Lease Investment is 14,490-square-foot for Walgreen’s to use 100% for their retail needs.

Cole Credit Property Trust III, Inc. (Cole REIT III) is a public, non-traded Real Estate Investment Trust (REIT). Cole Credit Property Trust performs investments in income-producing retail commercial real estate. Cole Credit Property Trust seeks to primarily invest in net lease properties with creditworthy tenants. Cole Credit Property Trust has a strategy to invest in NNN Commercial Real Estate under long-term, net leases. Cole REIT III seeks to provide investors with access to the highest quality retail commercial real estate properties, providing current income, reduced portfolio volatility and potential for capital appreciation.

We have NNN Commercial Real Estate Buyers who want retail properties, and possible 1031 Exchange property solutions. Contact Net Lease Properties to sell your net lease properties, purchase NNN Property or 1031 exchange opportunities.

If you need financing for NNN Commercial Real Estate or Sale-Leaseback financing, you can apply for Commercial Loans at Loanrise.com.

nnn-triple-net-lease-properties-arizona-walgreens

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Tuesday, January 11, 2011

Dollar General in Net Lease Properties

triple-net-leased-property-Dollar-General
Atlanta, Georgia - Our information today on Net Lease Properties is concerning an Investment Property Portfolio. The Buyer of the Net Lease Properties is an affiliate of Inland Diversified Real Estate Trust, Incorporation. Inland Diversified Real Estate Trust Inc. focuses on acquiring commercial real estate property located in the United States and Canada. Inland Diversified Real Estate Trust has been known to acquire REITs (real estate investment trust) and other commercial real estate operating companies. Inland Real Estate Investment Corporation is located on Butterfield Road in Oak Brook, Illinois.

Inland Diversified Real Estate Trust Inc. has a strategy wish ambition to a obtain triple net lease properties or entities owning commercial real estate properties such as:

•retail properties (Credit Tenants are preferred)
•office buildings
•Apartment Building Complexes, multi-family properties, student housing properties
•industrial properties or distribution centers and warehouse facilities
•lodging properties
•medical office buildings (MOB) and healthcare-related facilities
•triple net lease properties, (STNL) single use properties of similar type.


Inland Diversified Real Estate Trust, Inc. has purchased nine Dollar General stores in this Investment Property Portfolio. The Investment Property Portfolio has the assets located in Alabama and Georgia. The net lease properties in the Investment Property portfolio contains between 8,982 and 10,640 square feet. These net lease properties with the Tenant, Dollar Tree were constructed in 2009 and 2010. The total square footage of the net lease properties portfolio purchase was 82,818. The annualized base rent is $716,189, or $8.65 per square foot. The net lease properties portfolio was purchased for $8.5 million.

Each property is 100% occupied by Dollar General Corporation ("Dollar General"), pursuant to a fifteen year, triple-net lease expiring in 2025. These net lease properties have net-leases which are renewable for (five) five-year terms that are available for the Dollar General Tenant. We did not find information on the Investment Property financing.

The seller of the Net Lease Properties portfolio was Sherwin Real Estate, Inc.. We were unable to find much on their other commercial real estate transactions. Sherwin Real Estate, Inc. sold this Net Lease Properties Portfolio with an average cap rate of 8.15%. This is a suitable cap rate and these Dollar General net leased properties are great for a 1031 Exchange property replacement. Dollar General is a Strong Tenant and recently had a 'BB-' Standard & Poors Rating.

We had previous Net Lease Properties news for Inland Real Estate Acquisitions, Inc back in September. Inland Real Estate Acquisitions, Inc purchased a 69,000 square-foot freestanding retail building in Bend, Oregon. That net lease investment is occupied by Kohl's Department Stores, Inc., which is a subsidiary of Kohl's Corporation (Kohl's). Kohl's Department Stores occupies the commercial real estate property with a net-lease that extends through 2030. That net lease property with Kohl's has a contract with multiple renewal options.

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
Investment Property For Sale
Net Leased Properties
1031 Exchange Property Solutions
NNN Lease Investments
NNN Commercial Real Estate

triple-net-lease-properties-Dollar-General

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Wednesday, December 29, 2010

Net Lease Properties & Medical Office Buildings

net-leased-medical-office-buildings

Houston, Texas - Healthcare Properties and Hospitals are performing Net Lease Properties for investing in. We have information on a Healthcare REIT (real estate investment trust) purchasing medical office buildings for their net lease properties portfolio. Net Lease Properties Investors, Grubb & Ellis Healthcare REIT II, Inc. has acquired Humble Surgical Hospital. This Net Lease Property is a Class A, single-story, 30,000-square-foot surgical hospital. The net lease property, medical office building (MOB) is in the Houston suburb of Humble.

Some NNN Commercial Real Estate analysts believe that the passage of the Healthcare Law will have a long term effect on the healthcare sector of net lease properties. NNN Commercial Real Estate analysts predicts this expansion of healthcare coverage will see an increase in demand for medical office buildings (MOB). Also these medical office buildings can be options if you are in a 1031 Exchange. NNN Commercial Real Estate analysts see the 100% occupied by a strong tenant, newly constructed, Humble Surgical Hospital as a wise investment. It is an advantage that this net lease property is located in a thriving metropolitan location, with attractive financial statements.

Net Lease Properties Investors, Grubb & Ellis Healthcare REIT II, Inc. acquired the property located at 1475 FM 1960 East Bypass. This net lease investment is known as the Humble Surgical Hospital. This net lease investment is a multi-specialty, physician owned medical center that relocated to its newly-renovated facility in August 2010. The hospital net leased property has the capacity to treat approximately 1,000 cases per month and can provide comprehensive medical care. The hospital net lease property includes six state-of-the-art operating rooms. The net lease property also has two procedure rooms in which a variety of surgical services are performed, including: orthopedics, ophthalmology, podiatry, plastic surgery, pain management, chiropractics, spine and gastroenterology. The net lease property, Humble Surgical Hospital has amenities that offers private post-surgical care rooms, wireless internet connectivity, convenient and plentiful parking and professional catering services.

Grubb & Ellis Healthcare REIT II, Inc. has purchased medical office buildings in the range of a $42 million. They recently purchased a four-investment property portfolio of regional long-term acute care hospitals. The Net Lease Properties Investors REIT bought a facility in Cape Girardeau, Missouri this year. As of this month, the Net Lease Properties Investors REIT has made 12 geographically diverse purchases that include 22 Net Lease Investments purchased at approximately $175 Million.

The Humble net leased property is fully leased to Humble Surgical Hospital, LLC for a period of 15 years under an absolute NNN lease. The net lease property was purchased from Humble REP. Grubb & Ellis Healthcare REIT II financed the acquisition using borrowings under its line of credit with Bank of America, cash proceeds received from its offering and a $9 million Commercial Loan.

Grubb & Ellis Healthcare REIT II is working on accumulating $3 billion in equity. Net Lease Properties Investors, Grubb & Ellis Healthcare REIT II, Inc has the strategy to buy a diversified Investment Property portfolio. They prefer this Investment Property portfolio of commercial real estate assets, focuses primarily on medical office buildings (MOB) and other healthcare-related properties.

As of Dec. 3, 2010, Grubb & Ellis Healthcare REIT II has sold approximately 13,413,393 shares of its common stock, excluding the shares issued under it distribution reinvestment plan, for approximately $133,816,000 through its initial public offering, which began at the end of the third quarter of 2009.

If you are ready to purchase NNN Commercial Real Estate, you can apply for CTL Financing, and Commercial Loans at Loanrise.com.

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Monday, December 20, 2010

NNN Industrial Net Lease Properties

industrial-net-leased-property-houston

Houston, Texas - Today we jet into the great State of Texas for Triple Net Lease Properties information. A Commercial Real Estate Broker with a net lease group sold a pair of NNN Lease Investments. One of the net leased properties is located at 10 Taft Court, Totowa, NJ. The NNN Lease Investment zip code is 07512. We normally speak about triple net lease properties that are in the Retail sector. These 2 net leased properties are industrial buildings. This industrial net lease property is an approximately 83,000 square-foot industrial warehouse. Some report have this net lease property built in 1970 and another report says built in 1972.

Red Men Realty, LLC sold the net lease property for $5 million, or about $61 per square foot. Red Men Realty, LLC is an affiliate of Ninth Avenue Equities Co., Inc. Totowa Development Group purchased this industrial Net Lease Property. This industrial net leased property has been leased to a company that is relocating from Paterson, New Jersey. This net leased property, a single-story building, will undergo a major renovation. This net lease property has a unique opportunity as it offers 6 tailboard loading docks in a cross - dock configuration. The accessibility to this net lease property has been greatly improved with the completion of the West Belt Connector Road allowing direct access to Rt 23 and Rt. 80.


The industrial net lease property in Houston, Texas sold for $2.15 million. This net lease investment is a 53,277 square-foot warehouse. The net lease property buyer was a national company looking to expand their business. This net lease property has an opportunity to be a value-added property. It has the opportunity to add 25,000 square feet to this net lease property. This net lease property sold for just under asking price of $2.5 Million. This industrial net lease property is in southeast Houston, located near the Hobby Airport. This industrial net lease property has it's property divided by 45,286 square foot for warehouse. This Net leased property has an Office of 7,991 square feet.

More industrial net lease property features:
. Land: 5.11 Acres (1.76 Acres Available for Expansion/Outside Storage)
. Loading: (9) Dock-High, (1) Ramp, (2) Grade & (4) Rail Doors
. Possible Rail Service
. Clear Height: 24'
. New Roof
. Year Built: 1973 (Tilt-Wall)
. Power: 480V, 3-Phase w/ 2000 Amps
. Lease Rate: $0.38 /SF (Net)

You can benefit from using Net Lease Investments in a 1031 exchange. Contact us for NNN Lease Investments with No Landlord responsibilities in a strong retail area with long term net leases. "NNN" Triple Net Lease Properties can be purchased individually or on a portfolio basis. Search for Net Lease Properties now.

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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Tuesday, December 14, 2010

NNN Commercial Real Estate Development

nnn-commercial-real-estate-publix

Palm Beach County, Florida - Our Net Lease Properties data today is on construction of a Retail property. The City Council, sitting as the Community Redevelopment Agency, unanimously approved the site plan for the grocery store and a two-deck, 160-car parking garage. We see that Deerfield Beach-based SIKON Construction has broke ground for the innovative new Publix super market. This new net leased property will cost $7 million to construct. It is planned to be a 3-story, 84,600-square-foot net lease property.

This net lease property will be a Publix, Riviera Beach super market and parking garage project located at 252 East Blue Heron Boulevard. This net lease property will be developed by Brandon Structures, out of Orlando, and designed by Fisher & Associates, LLC, based in Clearwater. This project will consist of two levels of structured parking atop the 28,200-square-foot Publix grocery store. This net leased investment could be completed in October 2011.

This Publix retail property will be the second full-service grocery store in the city since a Winn-Dixie opened at Broadway and Silver Beach Road around 2004. Before the Winn-Dixie opened, Riviera Beach went almost 10 years without a full-service grocery store. Publix did operate a retail grocery store on Broadway for 31 years until the Lakeland-based grocery chain closed it in 1990. They apparently left that net lease investment property because they needed more space.

SIKON’s has many longtime clients which include Publix, Best Buy, Fresh Market, Target Corporation, Whole Foods and Winn-Dixie. These clients are terrific Tenants for triple net lease properties.

SIKON Construction, of Deerfield Beach and Orlando, has approximately 1,072,000 square feet of retail projects currently under way. SIKON Construction now ranks as the largest South Florida-based and 2nd largest Florida-based retail shell contractor according to Retail Traffic magazine’s 2010 Top Contractors (August 2010 issue). SIKON Construction has constructed 1,184,000 square feet of shell space and Retail Shopping Center Projects during the survey year and 8,768,000 square feet in the past five years. The Construction company also built 2,893,000 square feet of interior space during the past five years including 473,100 square feet during the past year.

SIKON management team is led by Steve Goraczkowski, CEO, and also includes R.E. "Ed" McWhorter, President and Director of Business Strategies, and Dale E. Scott, CDP, Senior Executive Vice President. One of their recent prized net leased properties to be built was mixed-use development in Coconut Creek, Florida. This investment property constructed by Sikon is a new LEED Silver certified, 550,000-square-foot Promenade at Coconut Creek mixed-use development. One of favorite Retail Shopping Centers that Sikon built is the first LEED-certified Publix GreenWise store, in Palm Beach Gardens, Florida.

We specialize in providing Triple Net Lease Properties to investors who are involved in a 1031 exchange or a sale-leaseback transaction.

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

If you need financing for 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, December 13, 2010

Triple Net Leased Property with Walgreen's

nnn-triple-net-lease-properties-walgreens

Middletown, Delaware - Delaware pops up with some Net Lease Properties information today. A Commercial real estate development company, Insalaco Development Group purchased a triple net leased property in Middletown. Insalaco Development Group is a family owned, commercial real estate development company. This commercial real estate development company is based in Northeast Pennsylvania. Insalaco Development Group is the Developer/Owner of various commercial real estate projects including retail strips centers, triple net lease properties, office and warehouse space. Westown Town Center LLC was the seller of this NNN Lease Investment.

Insalaco Development Group latest triple net leased property acquisition was for $5.925 million, or approximately $400 per square foot. This "NNN" Triple Net Leased Property is located at 700 S. Ridge Ave. in Middletown, Delaware. The triple net lease property is 14,820-square-foot retail building is located on Route 301. The NNN Lease Investment was built in 2009 and sits on 2.26 acres in Delaware. The best part of this Triple Net Leased Property acquisition is the Tenant, Walgreen's. Walgreen's fully occupies this triple net leased property with a 25-year, triple-net lease. The Tenant, Walgreen's is currently in its second year of their "NNN" triple net lease.

Insalaco Development Group has some great retail shopping centers. One of their retail shopping centers is Eagle's Glen Shopping Plaza. This retail shopping center is located in East Stroudsburg, Pennsylvania. They have some net leased property Tenants such as Big Lots, Citi Financial, Penn National Gaming (OTB), Blockbuster Video, Amici Pizza & Pasta, Rent-A-Center, Malcolm's Salon, Chinese Buffet, and Subway. Another Tenant is a favorite of triple net lease properties investors and that is CVS Pharmacy.

We specialize in providing Triple Net Lease Properties to investors who are involved in a 1031 exchange or a sale-leaseback transaction.

CONTACT US HERE for:
Triple Net Lease Properties
Investment Property For Sale
Buying Investment Property
Net Leased Properties
1031 Exchange Property Solutions
NNN Lease Investments

If you need financing for 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, December 3, 2010

"NNN" Triple Net Lease Properties in Houston

NNN-Lease-Investment-Property-Land-Rover

Houston, Texas – Today we have Net Lease Properties information from the great State of Texas. We have information on the Houston, Texas area regarding triple net lease properties. The Houston economy has been growing despite problems with Border issues. Houston growing at a strong pace is excellent for "NNN" Triple Net Lease Properties purchases. The particular area of west Houston, in the past six months has seen exceptional growth. We found a Triple Net Lease Properties transaction, a single tenant, with a 12 year absolute NNN triple net lease sold. The "NNN" Triple Net Lease Property had the lease guaranteed by Sonic Automotive, Inc.

This "NNN" Triple Net Lease Property was originally offered at a 9.17% Cap Rate. Also, the Tenant of this "NNN" Triple Net Lease Property, Sonic Automotive, Inc is the number three ranked automotive group in the United States currently. The sales price was $11,000,000 and that was the same price that this "NNN" Triple Net Lease Investment was marketed for. We are a huge difference with the triple net lease property obtaining their asking price as compared with the weak residential real estate market. This is also partially due to "NNN" Triple Net Lease Properties being highly desired for security reasons.

A North Carolina-based publicly traded corporation purchased this "NNN" Triple Net Lease Property which is leased as a Jaguar-Land Rover automobile dealership. The "NNN" Triple Net Lease Property located in Houston, is situated on 7.5 acres of property. This NNN Lease Investment Property address is 18205 I-45 North, Houston, Texas. The (Triple Net) NNN Lease Investment Property is a 37,646 square foot building.

Here are more reasons commercial real estate investors want NNN Investment Property in Houston. Houston, Texas is an area of approximately 1000 square miles and is one of the fastest growing communities in Texas. It is characterized by large master planned suburban communities and more urban-styled living environments. With an economy in Houston thriving, NNN Investment Properties selling Jaguars and Land Rovers can be desirable. The seller of the NNN Leased Investment Property was a Texas-based developer.

Another benefit for this "NNN" Triple Net Lease Property was the assumable financing in place. NNN Lease Investment Properties with assumable financing in place are at the op of the list for Commercial Real Estate Investors. This Triple Net Lease Property, a Jaguar-Land Rover automobile dealership had in place assumable financing, and was approximately a 8.4% cash on cash return.

Houston is a business-friendly city defined by optimistic citizens that are motivated by success. This Houston, Texas region offers business access to the largest port in the United States, the largest medical center in the world – the Texas Medical Center. Also more positive information for "NNN" Triple Net Lease Properties Buyers, is that this area has more energy industry corporate headquarters than anywhere in the world.

We specialize in providing Triple Net Lease Properties to investors who are involved in a 1031 exchange or a sale-leaseback transaction.

CONTACT US HERE for:
Triple Net Lease Properties
Investment Property For Sale
Buying Investment Property
Net Leased Properties
1031 Exchange Property Solutions
NNN Lease Investments
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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Thursday, December 2, 2010

Sale-Leaseback with NNN Lease Investments

NNN-Lease-Investments-superAmerica

Minneapolis, Minnesota - Our Net Lease Properties information is on Sale-Leaseback with triple net lease properties. We see that Realty Income Corporation (Realty Income) has completed the acquisition of 135 SuperAmerica convenience stores and one support facility. This sale-leaseback of triple net lease properties was for approximately $248 million.

Realty Income Corporation got into this sale-leaseback of 135 SuperAmerica stores, support facility that were sold by Marathon Oil (NYSE : MRO). This sale-leaseback has the commercial properties under 15-year, triple-net lease agreements which will be leased to newly formed companies. These newly formed companies are owned and operated by a portfolio company of ACON Investments and TPG Capital, Northern Tier Energy. Realty Income said the acquired triple net lease properties are in Minnesota and Wisconsin and have average leasable areas of about 3,500 sq ft on about 1.14 acres. In addition, the company said that the individual locations have on average 6.5 multi-pump gasoline dispensers in seasoned stores.

With this sale-leaseback deal with triple net lease properties, Realty Income Corporation anticipates that the convenience store industry will now generate approximately 20% of Realty Income’s revenue going forward.

Realty Income Corporation are very pleased With this sale-leaseback deal with triple net lease properties from Marathon Oil. This investment looks profitable with high quality stores, good locations, strong operating history, long-term NNN triple net leases, and a good management team. This adds value to Realty Income Corporation's Investment Property Portfolio. Including the SuperAmerica transaction, and other net lease properties to be acquired in the fourth quarter, they anticipate that acquisition activity should exceed $700 million for 2010. These NNN Lease Investment Property purchases should contribute to the continued stable stream of lease revenue from which they pay monthly dividends.

Realty Income is The Monthly Dividend Company, a (NYSEC) New York Stock Exchange commercial real estate company dedicated to providing shareholders with dependable monthly income. This is very welcomed in our current economic situation. To date, Realty Income, The Monthly Dividend Company has declared 485 consecutive monthly dividend payments throughout its 41-year operating history. They also increased the dividend 59 times since Realty Income’s listing on the New York Stock Exchange in 1994. The monthly income is supported by the cash flow from more than 2,400 commercial investment properties located in 49 states. Many of these are NNN Lease Investment Properties under long-term lease agreements with leading regional and national chains and other corporate entities. The Company is an active buyer of commercial properties nationwide.

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 Exchange Property Solutions
NNN Lease Investments
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 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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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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