North Carolina Net Lease Property lease to Williams-Sonoma Division

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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Stop & Shop Triple Net Leased Property Sold

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.

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Industrial Triple Net Lease Properties in 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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NNN Commercial Real Estate in Tennessee

Memphis, Tennessee - We are back to Industrial - Mixed-use properties for or Triple Net Lease Properties news. Memphis, Tennessee has plenty of net leased properties with usage for Industrial and Mixed-use purposes. We see that a Tenant, Rockwell Automation, Inc., has renewed their triple-net lease in Memphis. The net lease property is at 4020 Quest Way in Memphis, Tennessee. Rockwell Automation, Inc will have a triple net lease for 76,049 square-feet of space. They have also expanded their triple net lease for an additional 136,049 square-feet. Rockwell Automation, Inc. will take occupancy of the entire 212,098-square-foot net leased property soon.

The previous tenant in the larger part of the net leased property was Schering-Plough, Inc. They appeared to have jumped into a net lease for over 200,000 square feet just 2 years ago, at the Memphis Distribution Center. Schering-Plough is a subsidiary of pharmaceuticals company Merck & Co. Schering-Plough had a net lease that was scheduled to run through April 2011. They moved out of this industrial investment property in August.

This net leased property was constructed in 1998 and still stands in excellent condition. The landlord of this NNN Commercial Real Estate is Atlanta-based Space Center, Inc. Space Center Atlanta, Inc is a private company that is a Commercial Real Estate Management Company. Space Center Atlanta, Inc is located in Atlanta, Georgia. They are situated on one of our favorite streets, Peachtree Dunwoody.

We have more history on this industrial net lease property. We saw a past Tenant in this area was ScanSource. ScanSource had net leased the 136,049 square feet of the Memphis Distribution Center back in 2004. At that point, ScanSource was at the net leased property on 4020 Quest Way, at a rate of $2.65 for double-net lease (NN). A (NN) double-net lease is one in which the lessee pays rent to the lessor, as well as all taxes and insurance expenses that arise from the use of the property. Obviously we always try for a (NNN) triple net lease.

The industrial net lease property came with 212,098-square-foot, sitting on 9.14 acres. Also this industrial net lease property features 21 loading docks, two drive-ins, and 28-foot clear ceiling height. The space to be occupied by ScanSource features 15 loading docks and one drive-in. ScanSource is a value-added distributor of specialty technologies, including automatic data capture and point-of-sale products. They also work on voice, data, and telephony products through Catalyst Telecom. ScanSource (NASDAQ: SCSC) also operates distribution centers in Toronto and Vancouver, as well as in Mexico, the U.K. and France.

Triple Net Lease Properties & Commercial Loans

Contact Net Lease Properties for a solid recession resistant triple net lease properties. 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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1031 Tax Deferred Exchange with Industrial Property

Denver, Colorado - Net Lease Properties news today is on a 1031 tax deferred exchange. Pinnacle Real Estate Advisors announced the sale of the Goodyear-Wingfoot tire- retreading plant at 4970 Cook Street, in Denver.
This Industrial Property sold for $1.5 million in a 1031 exchange, with the tire company remaining as the tenant leasing the property.
This Industrial Property was recently holding an asking price of $1.7 million. The Industrial property is 20,000-square-foot and occupies 2.47 acres. The single-story industrial building was completed in 1999.

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

A brief description of a 1031 exchange is that a 1031 allows commercial real estate owners to exchange properties of equal or greater value. The Commercial Real Estate Investors can the defer capital gains tax, if the 1031-exchange is performed properly. The tax is paid when the commercial property is sold in a standard sale.

Net Lease Properties

If a Net Lease Property is of interest to you then contact us, HERE. We can assist you with your search for Net Lease Property Investments.

Triple Net Lease Properties are an ideal debt replacement Vehicle for 1031 Investors.
Here are some of the Retail Single Tenants that may be available as a Net Lease Investment or Triple Net Lease Property:

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

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

Industrial Building Sells to REIT For $12.6M

Fort Mill, South Carolina - Net Lease Properties News has been informed that Monmouth Real Estate Investment Corp. bought an industrial building in South Carolina for $12.6 million.

Monmouth Real Estate Investment Corporation (MREIC) is a real estate investment trust (REIT) that has been in successful operation since 1968. MREIC invests in Net Leased industrial properties with long-term leases to investment grade tenants. MREIC's current tenants include: Anheuser-Busch, Caterpillar Logistics Systems, Coca Cola, FedEx, Keeber/Kelloggs, Mead Paper, Sherwin-Williams, and Western Container.

The property is net leased to FedEx Ground Package System Inc. through September 30 of 2019. This Industrial building was constructed in 2009

Many net leases have the tenant agreeing to pay for ownership expenses, including utilities, repairs, insurance and taxes.

Commercial Real Estate Financing Still Available

If a Multifamily Apartment Complex is of interest to you then contact us, HERE. We can also assist you with your Commercial Real Estate Mortgage and Net Lease Funding to purchase a CVS, FedEx, Walgreens, Target, Publix or an Industrial property.

Tampa Bay continues to draw Investors

Tampa Bay, Florida - Our Triple Net Lease Properties data today is regarding a MOB (Medical Office Building). MOB's, Triple Net Lease Properties and Apartment Buildings with a nice Cap Rate are very desired by many NNN Commercial Real Estate Investors. We checked out net leased properties on the west coast of Florida and found a MOB (Medical Office Building) sold recently. The net leased, medical office building "MOB" is located at 6748 Gall Blvd. in Zephyrhills, Florida. This is a very relaxed area of Florida but still close to many triple net lease properties opportunities.

This net leased property was purchased by Florida Hospital Zephyrhills. Florida Hospital Zephyrhills purchased the Investment Property which is a 11,546 square foot building. The net leased property seller was Health Care Realty Trust. The purchase price for this Medical Office Building was $1.5 million. The net lease property was completed in 1997 and is located in Tampa Bay's Northern Outlying submarket. Florida Hospital Zephyrhills is at the forefront of delivering top quality healthcare to the community.

Florida Hospital Zephyrhills has a commitment to its community as is evident if you visit their nearby 28-acre property. That hospital is a Christian, not-for-profit facility and is a member of Adventist Health System. AHS owns 38 hospitals in 10 states and is the largest not-for-profit, Protestant healthcare system in the United States. Florida Hospital Zephyrhills was established in 1985. They are formerly East Pasco Medical Center, and have experienced more than 35 additions or renovations, to their 450,000 square foot full-service healthcare facility.

To accommodate growing demand for office space for hospitals, we see more Medical Office Buildings (MOB) being constructed. So many Hospitals decide to develop medical office building (MOB) as an important strategic initiative for a hospital to grow. A net leased property MOB can increase a hospital's patient admissions by drawing patients from areas which may not have had ample accommodations. As with many NNN commercial real estate markets today, the bottom line for (MOB) medical office buildings is changing the way health care is promoted.

Contact Net Lease Properties for sturdy, recession resistant triple net lease properties. Also contact to sell your existing Net Lease Properties or a 1031 Exchange Property.

Particularly important in today's market, Loanrise.com can provide all of your funding needs for medical office buildings and CTL Financing for triple net lease properties and retail shopping centers.

Blanca’s New Firm Gets Off to Fast Start

Miami Beach, Florida - Our Triple Net Lease Properties information today is from the exciting Miami Beach area. Miami commercial real estate veteran Tere Blanca’s new services firm looks to be coming out of the gate quickly. This is happening despite the commercial property industry’s current slump. Just weeks after she launched Blanca Commercial Real Estate, the company landed the exclusive leasing duties for 1450 Brickell. This Investment Property is a Class A office tower currently under construction in Miami’s Brickell financial district.

This Investment Property is being developed by Rilea Group. The Investment Property will be a 586,000-square-foot office tower. The Investment Property will be known as 1450 Brickell. The Commercial Real Estate Property is set for completion in the first quarter of 2010. This Class A Investment Property will become the first Miami office to be LEED Gold-certified for sustainability. Rilea, is more than likely using Blanca Commercial to oversee leasing because of past history. They have had success in the Miami commercial real estate market with the president & CEO Tere Blanca and executive vice president Danet Linares. These two commercial real estate professionals are regarded as among the top industry experts in Miami Beach and South Florida.

Miami's Brickell financial district has many attributes to help boast foot traffic for triple net lease properties. The downtown Miami urban sprawl is finally making its way to Miami's Brickell Avenue. This commercial real estate area has become known mainly as the Brickell Financial District. This area is gaining retail traffic from local attorneys, bankers, brokers, accountants and other workers gather who flock to this area. This area has the landscape shifting of late and now is becoming a livable area as well. Thus another reason for Triple net lease properties to prosper attending to their influential neighbors. The long work commute from suburbia to downtown is going out the window and professionals hitting the residential real estate market with leases.

Foreign investors are also buying up nnn commercial real estate in Miami's Brickell financial district. The foreign buyer has always been a player on Brickell and recently, from 2000 to 2008, the situation has multiplied exponentially. They are very active in this nnn commercial real estate market now and they are taking advantage of current opportunities.

Triple Net Lease Properties & Commercial Loans

Contact Net Lease Properties for a solid recession resistant triple net lease properties. 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 especially a Triple Net Leased Property, you can apply for CTL Financing, Non Recourse Loans and Commercial Loans at Loanrise.com.