Industrial Flex Space in Pompano Beach, FL

 

This Pompano Beach Industrial Property is Off-Market. 

Contact us for similar Commercial Properties For Sale in Florida. 

O’Reilly Commercial Realty LLC 

Call: Patrick O’Reilly 

Phone: (352) 237-2222 

Email: OreillyCommercialRE@gmail.com

Pompano Beach Industrial Property - Flex Space Sold

Florida Industrial Property

Price:

$2,900,000 estimated when listed

Building Size:

35,100 SF

Price per SF:

$82.62

Property Type:

Industrial

Property Sub-type:

Flex Space

Property Use Type:

Investment

Year Built:

1979

Lot Size:

2.13 AC

Highlights of Commercial Property For Sale

• Great Owner User Building.
• 35,100 +/- Total Building
• 15,600 +/- of Stock Supply
• 7,000 +/- of Office Space
• 7,500 +/- Assembly Area
• 5,000 +/- Warehouse

Description of Pompano Beach Investment Property

This Commercial Real Estate is a great Owner User Building. It has 35,100 +/- Total Building square feet, 15,600 +/- of Stock Supply. 7,000 +/- of Office Space as well as 7,500 +/- Assembly Area, 5,000 +/- Warehouse, 100% AC. There are Racks and Sprinklers in Warehouse Stay. The Commercial Property Investor will enjoy the 130 Parking Spaces.

This Gateway Building is a prime piece of Florida Commercial Real Estate For Sale! This sits at a great Location in the Gateway Industrial Park. Also has Easy access to I-95 and the Florida Turnpike.  

2981 Gateway Drive, Pompano Beach, Florida 33069 (Broward County)

Listing information courtesy of Sperry Van Ness Commercial Real Estate Advisors. 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.

NNN Commercial Real Estate and Life Insurance

Los Angeles, California - This Net Lease Properties news post will update periodically. This NNN Commercial Real Estate market is constantly changing no matter how the economy continues to slump. There are various types of transactions to build wealth with net Lease Properties such as our Investors involved in Joint Ventures (JV).

Commercial Real Estate and Investment Property Portfolios for Building Wealth

The NNN Commercial Real Estate investors know the work and research involved in building wealth with Net Lease Properties, Apartment Buildings and other Commercial Property types. The NNN Commercial Real estate Investor has to think about passing their assets on to their Loved Ones. The majority of NNN Commercial Real Estate Investors do not want to see their Properties lost to the Government.

NNN Commercial Real Estate and Asset Protection

Many Financial Advisors believe that Life Insurance needs to be an important part of a Commercial Real estate Investor's estate plan. First and foremost Commercial Real Estate Investors want to protect their Loved Ones. Therefore now is the time to get around to estate planning and protecting your wealth. Commercial Real Estate Investors could have a fantastic Triple Net Lease Properties Portfolio but lack liquidity. Life Insurance can provide a sufficient amount of cash accessible to cover death taxes as well as other final expenses. Life Insurance can help alleviate this leading concern for many Commercial Real estate Investors.

Life Insurance to Protect the Loved Ones of Net Lease Properties Investors

The NNN Commercial Real Estate Investor can use Life Insurance as an excellent asset protection element. Even though there are quite a few various types of life insurance, it can be explained by Professionals in a simple manner. Now is the time to check out Life Insurance so for more information contact Cheaper Term Life Insurance.

Whole Foods Market Net Lease Properties and Mixed-Use

Las Vegas, Nevada - Our NNN Lease Properties news is on the ups and downs in the Nevada Commercial Real Estate market. There is a beautiful Nevada Commercial Real Estate Development with a Whole Foods Market that caught our eye. The Commercial Property is The District at Green Valley Ranch. The Commercial Real Estate Developers of this property started out with approximately $85 Million into it. The District at Green Valley Ranch is a cutting edge mixed-use property that combines retail Net Lease Properties, restaurants, and the Whole Foods Market. Also this mixed-use property has office space and residential units situated in a beautiful designed area.

Whole Foods Market and Commercial Real Estate Development

The concept of the Nevada Mixed-use property is to bring in People to live and not have to drive far for shopping. The pedestrian friendly development was a perfect retail shopping center with great restaurants also. The Office Space net lease Tenants can frequent the dining establishments or grab something from the Nevada Whole foods. This is a great environment for net lease properties.

Commercial Real Estate Developers of this Mixed-use property wanted architects to design it to keep shoppers and visitors there for the entire day. The District at Green Valley Ranch has it all, and current entertainment that can be seen with just a short stroll.



Nevada Commercial Properties in Foreclosure

However with the Nevada economy slumping worse than most and unemployment through the roof for the State, the NNN Commercial Real Estate Development started to falter. So the inevitable happened and the Nevada mixed-use property went into default like some of the other high profile Nevada Commercial Real Estate Developments. The Net Lease Properties site saw the same thing happen to Town Square, Boca Fashion Village and the commercial property that was intended for the Great Mall of Las Vegas.

Commercial Mortgage Default on Nevada Retail Shopping Center

Earlier in the year The District at Green Valley Ranch had been sold to cover some of the defaulted commercial mortgage. The Owner - Developer who lost the Nevada Mixed-use property was American Nevada Company. The new owners happened to be Village Walk LL which is a Nevada limited liability company. The Owners are net lease property investors from the Miami Beach area. The District at Green Valley Ranch was obtained at the public auction for $50 million. When purchasing NNN Commercial Real Estate, it is wise to check on obtaining Cheaper Term Life Insurance coverage.

The District at Green Valley Ranch has Whole Foods Market and Cheesecake Factory

The Net Lease Properties site found more information on this Nevada Mixed-use property. It started with a 25 acre phase one with a combination of retail net lease properties, office and 88 loft style condos. Now it got real interesting with the second stage of development. That consists of approximately 50,116 square feet of office space which sits on top of retail net lease properties. This is the net lease properties with various Tenants including the Whole Foods Market and Cheesecake Factory for dining.

NNN Commercial Real Estate Benefits

Many NNN Commercial Real Estate Investors see The District at Green Valley Ranch as a high quality trophy property. Many Net Lease Properties Investors would like this in their Portfolio. This Nevada Mixed-use property should have a profitable future. Some of the other benefits of this pedestrian oriented mixed-use property is a street plaza, as well as an attractive central park, that includes a uniquely classic styled Carousel that the kids will love.

Nevada Net Lease Properties Tenants

Al's Garage
Alligator Soup
Anthropologie
AVEDA - Gianna Christine Salon Spa & Wellness
Balboa Pizza Company
Ben & Jerry's
Brighton Collectibles
Chico's
Coldwater Creek
Color Me Mine
Colorz
Crazy Pita Rotisserie & Grill
DaMincci Jewelers
DownEast Basics
Elephant Bar
Fidelity Investments
Flea Bag's Barkery & Bow-tique
Francesca's Collections
Gymboree
Hallmark Gold Crown
Janie and Jack
Jos. A. Bank Clothier
Josie's Frozen Yogurt
King's Fish House
Las Vegas Golf & Tennis
Las Vegas Pilates
Loft
Lucille's Smokehouse Bar-B-Que
Magnolia Lane
My Gym Children's Fitness Center
Optic Gallery
P.F. Chang's China Bistro
Panera Bread
Pottery Barn
Presidio
Pure Beauty Salon
Rachel's Kitchen
Red Rock Jewelers
REI
Scottrade
Settebello Pizzeria Napoletana
Sola Salon
Soma Intimates
The Cheesecake Factory
The Coffee Bean & Tea Leaf
The District Guest Services
The Sports Shop
The Walking Company
West Elm
White House - Black Market
Whole Foods Market
Williams-Sonoma

Green Valley Ranch Resort and Spa

This Nevada commercial property loaded with high end net lease property tenants is situated next to the Green Valley Ranch Resort and Spa. The Resort consists of over 490 comfortable hotel rooms, casino, and resort spa. That Top rated Resort is currently owned and operated by Stations Casinos. They developed that resort and spa as a vacation spot away from the ever popular Las Vegas strip. The NNN Commercial Real Estate staff would describe the Green Valley Ranch Resort and Spa as owning a feeling of a European styled casino.

Net Lease Properties Investors

We have private investors and institutional buyer groups seeking to purchase Net Lease Properties and Commercial Real Estate Portfolios. Our high net worth investors are located all across the Globe and can close on Net Lease Property opportunities throughout the United States.





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Best Buy Net Leased Property in Michigan

Marquette, Michigan - Our Net Lease Properties information today comes from the U. P., Upper Peninsula of Michigan. It is a rarity to get Net lease properties from upstate Michigan, although there are some prized properties up there. A net leased investment brokerage firm has recently helped with the sale of a single tenant net leased property (STNL). The net leased property buyer is a (REIT) real estate investment trust that is based in California.

Many NNN Commercial Real Estate Investors are in search of a sustainable revenue stream by renting the commercial property to a high quality tenant or Credit Tenant (CTL). This Michigan net leased property that sold was net leased to Best Buy. This net leased property sold for $4,952,000. The Michigan net leased property consists of a building that is approximately 30,119 square feet and is situated on approximately 4.90 acres. The seller of this Michigan net leased property was a Midwest private partnership.

The Tenant of this net leased property, Best Buy, had a highly anticipated opening just before the holidays of 2010. It was originally anticipated to open in 2009, although delays set in. This net leased property with Best Buy is situated in Marquette Township was generous, and presented the United Way with a check for $10,000. The Best Buy net lease investment is on the south side of US 41 at the well traveled Brickyard intersection. The net leased investment is near a newer Lowes commercial property and a future Tractor Supply store is proposed as a neighbor. We are unaware of any Commercial Loans on the net leased investment.

Our NNN Commercial Real Estate Investors are willing to purchase property with Investment grade tenants, long term net leases, in high traffic count areas. These Triple net lease properties are outstanding for 1031 exchange replacement properties.

Other Marquette net leased properties have Tenants such as Starbucks, Quiznos, Advance America, Papa Murphy's Pizza, H&R Block, and CitiFinancial. Pier One Imports, Michael's Arts and Crafts, Wal-Mart Super Center, Kohl's and Target are also nearby net leased tenants in the Marquette area. There is a nearby Retail Shopping Center called Westwood Mall. This Retail Shopping Center major tenants include JC Penney, Barnes & Noble, MC Sports, Jandron's Fine Jewelry and Radio Shack.

Commercial Real Estate investors in the acquisition or disposition of triple net lease properties, single-tenant and retail shopping centers, can contact Net Lease Properties Site.



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Walgreens Net Leased Property Sold in California

Los Angeles, California - We have Net Lease Properties news today on what could be the highest price paid for a net leased property with Walgreen's. Recent acquisitions of net leased properties with Walgreen's as Tenant have sold between $4 Million to $7 Million. This net leased property, single-tenant drugstore sold for $10,700,000 million which equates to approximately $1,367 per square foot. This NNN Commercial Real Estate transaction has closed before the completion of the project. NNN Commercial Real Estate analysts have reported that this is the highest price per square-foot, that was paid for a single-tenant net-leased drugstore property in the United States.

Recently, the Del Taco was situated at 6766 Santa Monica Blvd. however it was torn down for the new tenant Walgreen's. The Hollywood Del Taco on Santa Monica and Highland Avenue closed down on July 29, 2010 to make room for the net leased property with Walgreen's. This new net leased property with Walgreen’s is under construction on the site and with all things going as planned, would be finished in the early part of this year, 2011.

This new Walgreen's will have a different address than Del Taco. The high priced, net leased Walgreen's will have the address of 1050 North Highland Avenue, Los Angeles, California. The net leased property will sit in the Hollywood submarket of Los Angeles in the 90038 zip code. The Walgreen's net leased property will be on the southeast corner of Santa Monica Boulevard and Highland Avenue. This corner is a heavily trafficked area to help fuel triple net lease properties with retail foot traffic.

Some NNN Commercial Real Estate analysts felt this area was drab and needed a renovation of sorts. The Del Taco can make for a nice NNN Lease Investment however California investors wanted a bright, new Walgreen's instead of fast food. The net leased property seller was Village Properties Inc., who through our research was the wise investor to get Walgreen's to agree to this location. Village Properties Inc. is an experienced commercial real estate developer for Walgreen's.

Another point to show the value of this net lease investment is that Walgreen's does not have another drugstore near this location. This net leased property is situated in a smaller parcel of land than normal, for Walgreen's drugstores. This net lease investment is on a parcel that is approximately 18,357 square feet, therefore it will not have a drive-through. We are unaware of any Investment Property financing.

The Walgreen's net leased property site is on a prime, heavily trafficked Hollywood corner. Livermore Plaza is a San Francisco, Bay Area investor. The NNN Commercial Real Estate investor had mentioned that they are planning to hold the property for a long term investment. That could be very possible as Walgreen's has agreed to a 75-year-lease. That type of net lease agreement with a Credit Tenant helps to increase the value of the land, especially in a densely populated are like Los Angeles.

We have Investors seeking to buy your Triple Net Lease Properties, quality Class A office Buildings, multi-family apartment and Retail Shopping Centers with a quality grocery store anchor.

Also if you are a commercial real estate investor seeking a 1031 Exchange replacement property or a fundamentally sound NNN Lease investment, we can help you.


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7-Eleven Convenience Stores on Triple Net Lease

San Francisco, California - 7-Eleven is a net leased tenant that is in our news today for Net Lease Properties. 7-Eleven is the Global Leader for convenience stores. 7-Eleven is the largest operator, and franchisor of convenience stores. 7-Eleven is A powerful net leased tenant, in the net lease investment sales market. The net leased tenant 7-Eleven has over $50 billion in sales worldwide.

Many (NNN) triple net lease properties investors prefer 7-Eleven as a tenant as they conduct business efficiently and they possess a dominant chain-brand recognition. Many NNN Commercial Real Estate developments with 7-Eleven stores, are situated on corner locations, with high visibility and excellent, convenient access.

Our first net leased property transaction to report on, with 7-Eleven as tenant, is in Casselberry, Florida. Casselberry is a city in Seminole County, Florida. Casselberry is often spoken of as a suburb of the Orlando. Casselberry is also close to the Kissimmee-Sanford Metropolitan Area. The Company, 7-Eleven Inc. recently purchased the net leased property at 1145 Semoran Blvd. in Casselberry, with a sale-leaseback.

The sellers of this net lease property were 7-Eleven franchisees which resulted in this sale-leaseback. Alex and Milia Hazin sold this net leased property for $1,075,000, which equates to approximately $447 per square-foot. The commercial property sellers will stay in the property with a new "NNN" triple net lease. The triple net leased property is a freestanding, single-story building. This triple net leased property building is approximately 2,411 square-feet and was constructed in the year of 1970.

We have more information on the net leased Tenant, 7-Eleven. 7-Eleven was founded in 1927 in Dallas, Texas. The name 7-Eleven originated in 1946 when the stores were open from 7 a.m. to 11 p.m. However things have changed with the hustle and bustle of current times, now 7-Eleven offer 24-hour convenience, and seven days a week. The net leased property buildings with 7-Eleven normally vary in size from 2,400 to 3,000 square feet. 7-Eleven triple net leased properties are an option for a 1031 Exchange replacement property.

The second transaction in our Net Lease Properties news is from the East Bay Area, just east of San Francisco. An absolute NNN Property (triple net leased property) sold recently in California. This 7-Eleven triple net leased property sold for $1.15 Million. The NNN Lease Property seller was a trust company from the Los Angeles, California area. This triple net leased property consists of a building that is approximately 2,412 square-feet with about 8 years left on the triple net lease contract.

This absolute NNN Lease Property was attractive to many NNN Commercial Real Estate investors. As this NNN Property is leased to the dominate convenience store operator 7-Eleven, situated in an excellent location, that is highly populated for retail traffic support. This 7-Eleven triple net leased property is also fueled by high traffic counts. The NNN Lease Investment buyer was a private investor from the Northern California area. This NNN lease investment buyer did not assume commercial loans, however they were able to secure Investment Property financing.

High net worth investors in need of dedication and attention to detail, may contact Net Lease Properties Site for current net lease properties opportunities. Also individual investors and investment groups who are interested in a joint venture (JV) with net lease properties can contact us.



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Absolute NNN Taco Bell – KFC Sold in Tennessee

Knoxville, Tennessee - We have Net Lease Properties information from a beautiful part of the Country, the Knoxville, Tennessee area. Our information is on a recent purchase of NNN Commercial Real Estate in the Knoxville area. Taco Bell and KFC (Kentucky Fried Chicken) are two of the favored net-leased Tenants for our Net Lease Properties Investors. This recent sale of the retail net leased property in our news has Taco Bell and KFC. The triple net leased property building has approximately 4,790 square feet of space to lease.

This net lease investment is located in Lake City, Tennessee. Lake City, Tennessee is approximately 28 miles north - west of the Knoxville Downtown Island Airport. The Knoxville Downtown Island Airport is located at 2701 Spence Place, in Knoxville, Tennessee. This KFC Triple Net leased property is in Anderson County however it is on the borderline of Campbell County. This triple net leased property is located within fifteen miles of three respectable hospitals. The Triple Net Lease Property benefits from being within 80 miles of seven colleges and universities to sell their tacos and chicken to. The Triple Net Lease Property is only about 25 miles from the University of Tennessee, in Knoxville.

This Triple Net Lease Property sold for $1,175,000. This commercial real estate development has fairly recent 20 Year Absolute (NNN) Triple Net Lease. The triple net lease property was marketed as a 7.50% Cap Rate. This Triple Net Lease Property has attractive Rental increases that take place every 5 Years. This Triple Net Lease Property, leased to KFC and Taco Bell is situated at the 177 Colonial Lane address, in Lake City, with the zip code of 37769. This Triple Net Lease Property offers a steady income with the security of a quality Tenant, and no landlord responsibilities.

The buyer of this NNN Commercial Real Estate is the Calvert Family Trust, who are based in Oak Park, California. This NNN Lease Investment has lease terms with Four (5) - year options to renew. The Tenant operating as a KFC and Taco Bell has over 200 Units which they operate. The NNN Lease Investment Buyer had recently sold an industrial property and wanted the performance of a Triple Net Lease Property. It would have been a wealth building move if the Calvert Family Trust had been able to use this as a 1031 Exchange replacement property. However we do not have news on this Buyer involved in a 1031 Exchange.

The Triple Net Lease Property was built in the year of 1980. However, NNN Lease Investment is a freestanding, retail building that was renovated in 2006. The NNN Lease Investment is situated on approximately 0.88 acres of land in Tennessee. The NNN Lease Property seller was Harbor View LLC. Harbor View LLC is a private investor, and we are not certain if they, as seller, were in a 1031 Exchange.

The closest Retail Shopping Mall is the West Town Mall. The West Town Mall is located on the extremely busy Kingston Pike. The address is 7600 Kingston Pike in Knoxville. The Retail Shopping Mall, West Town is the premier shopping destination in all of East Tennessee and has heavy retail traffic coming in off major highways. The Retail Shopping Center has over 143 retail stores. A portion of these retail stores are exclusive to the West Town Mall. Loanrise.com is capable to finance your Retail Shopping Center and Net Lease Properties with CTL Financing.

Some net-leased tenants at this Retail Shopping Center include fine retailers like the Apple Computer Store, Sephora, Coach, Forever 21, Lucky Brand Jeans, Pottery Barn, White House Black Market, and Swarovski Crystal. The Retail Shopping Center was architecturally designed to include airy walkways and lush landscaping for a fine ambiance. The net lease Tenants and Retail Customers can take a break under beautiful trees in Deer Park, and check out a beautiful fountain. This West Town Mall retail shopping center features an extensive Food Court and a place to take kids, that is the Children's Soft Play Area.




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Walgreen's NNN Leased Property in Northbrook

Chicago, Illinois - Our Net Lease Properties information is on a high priced Walgreen’s triple net leased property sold. This "NNN" triple net leased property is a newly constructed Walgreen's pharmacy store that is located within the Chicago metropolitan area. This triple net leased property is approximately 14,457 square feet and was finished with construction in 2009. This triple net leased property has the address of 1050 Waukegan Road, in Northbrook, Illinois. This net lease investment is blessed with the 60062 zip code, which is one of the most affluent suburbs of Chicago.

Northbrook is approximately 14.7 miles north of the Chicago O'Hare International Airport (ORD), which is located at 5600 Mannheim Road, in Chicago, Illinois. The premier area of Northbrook is is located less than 20 miles from downtown Chicago and is recognized as an upscale community. The North Shore suburbs of Chicago are stunningly beautiful spots to live and attract wealth. The North Shore communities range from south to north along the shore of one of the Great Lakes, Lake Michigan. These suburbs are Evanston, Wilmette, Kenilworth, Winnetka, Glencoe, Highland Park, Lake Forest and Lake Bluff. Some westward areas are Glenview and Northbrook. Some NNN Commercial Real Estate investors believe in Northbrook as a top investment spot.

Some reports have Northbrook ranking 21st on the list of the wealthiest zip codes in the United States for "Salaries and Wages". Residents within three miles of this net leased property earn an average household income of $160,123. One of the largest employers in Northbrook is Allstate Insurance headquarters. The Allstate Insurance headquarters employs more than 10,036 people. We have information on other major company headquarters located near our net leased property Walgreen's. Another major company headquarters nearby is the Walgreen’s Corporate Headquarters which is approximately 3.2 miles from the property that sold. The triple net lease property is also near Kraft Company Headquarters and Crate & Barrel's Company Headquarters.

The triple net leased property seller was The Boulder Group. A San Francisco-based private investor purchased this triple net lease investment for $9.93 million, which equates to approximately $684 per square-foot. The retail property with Walgreen's as tenant was marketed for a 6.9% Cap Rate. This triple net lease benefits from an irreplaceable location along one of the most heavily trafficked roads in Northbrook. Also having an Investment grade tenant with a long term net lease is truly beneficial for any NNN Investor or for a 1031 Exchange replacement property. The NNN Lease Investment sit on approximately 1.43 acres in Cook County, Illinois. The net lease investment sits on Waukegan Road which is a primary north-south thoroughfare that connects directly to the Edens Expressway Spur ramp.

The NNN Lease property is located at the premier northwest corner of the signalized intersection of Waukegan Road and Shermer Road. This signalized intersection sees approximately 39,443 (VPD) vehicles per day coming through. The Investment Property financing status is unknown at this time.

This NNN Leased Walgreens Tenants was one of the most recent developments in Northbrook in addition to Willow Festival. Willow Festival is the second largest retail shopping center in upscale Northbrook. The Retail Shopping Center, Willow Festival is located two miles south and is anchored by awesome tenants such as Lowes, Best Buy, and Whole Foods. There is also a Sheraton Hotel commercial real estate development. The Willow Festival retail shopping center is not the only reason to bring retail traffic to the Northbrook area.

There are major shopping destinations near the NNN Lease Walgreen's property that include The Glen Town Center and Northbrook Court. The Glen Town Center is an open air town center that is comprised of numerous retail attractions. Northbrook Court is a regional shopping mall that has upscale retail store. The Retail Shopping Mall, Northbrook Court is anchored by high-end stores, among them are Neiman Marcus, Macy' s, and Lord & Taylor. Northbrook Court also has an AMC movie theater for entertainment.

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

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Village Commons Retail Shopping Center Sold

West Palm Beach, Florida - We have some Net Lease Properties information today on a near and dear Commercial Property. The net leased property known as the Village Commons has sold. We have had our eye on this net lease property for years. With the additions of Panera Bread and Starbucks in recent years, the net lease property moved up the list for net lease properties in Palm Beach County. The retail shopping center, Village Commons, for $25,700,000 which equates to $152.02 per square foot. The net leased property is a Publix-anchored retail shopping center that is situated on the intersection of Village Boulevard and Brandywine Road in West Palm Beach, Florida.

Reports out of West Palm Beach had the net leased property being sold to the Boca Raton-based Woolbright Development. However after further review, it appears a fund operated by BlackRock, Inc. acquired Village Commons, the retail shopping center anchored by Publix. Boca Raton-based Woolbright Development will be in charge of net leasing, property management, construction management, marketing and promotions of the net leased property. Woolbright Development has immediate goals to increase the net lease tenants, and to invest in the overall appearance and ambiance of the retail shopping center. The Retail Shopping Center is surrounded by apartment, condo and golf course communities, attracting a mix of weekday and weekend traffic.

The net leased property buyers are the fund operated by BlackRock, Inc., and should see an increase in net lease revenue with Woolbright Development overseeing operation. The net leased property sellers was a JV of three groups. The California Public Employees' Retirement System, the First Washington Realty, Inc. and the Regency Centers which were all in the (JV) joint venture as owners of the net leased property. The net leased property was primed for the investment disposition strategy of this Joint Venture of sellers.

The net leased property is approximately 169,057 square-feet of space for net leases. This attractive net leased property is an open-air center is anchored by Publix, as we mentioned above. The net leased retail shopping center also has CVS, Starbucks, Panera Bread, Coldstone Creamery, PNC Bank, and Duffy’s Sports Bar and Grill. This net leased property has distinguished architecture which really fits into Palm Beach County designs. The net lease property can be described as having lush landscaping, decorative tile accents and a prominent courtyard area. The net leased property, Village Commons with it's Mediterranean-inspired design also is unique with a complimentary mix of business establishments. The net leased property has excellent demographics to make Village Commons a fantastic location for net lease Tenants and customers. There was no mention of assumable Investment Property financing in this commercial real estate transaction.

One large Tenant in the net leased property, The Outback Steakhouse has recently closed down at this location. We are unaware if closure of the Outback Steakhouse restaurant, had anything to do with the sale of the net leased retail shopping center. This particular Outback Steakhouse restaurant had been at the West Palm Beach net lease site for 19 years and it is the second-oldest Outback Steakhouse in Palm Beach County. NNN Commercial Real Estate investors in our group had dined at that Outback Steakhouse often and recently saw the sign "sorry mates" on the doors of the shuttered restaurant. The Tampa-based restaurant chain, OSI Restaurant Partners LLC, has reported that they will try to relocate employees to other locations. Local Palm Beach County NNN Commercial Real Estate investors believe Woolbright Development will succeed in landing a new net leased property tenant to create jobs for this area.

Village Commons opened in 1987 and the net leased property is approximately 73.4% net leased with national and regional tenants. Village Commons is located in Palm Beach County just west of I-95. The net leased property benefits from an in-fill location with limited sites that can be developed for competition.

This net leased property, the Village Commons, is well situated as just north off of Palm Beach Lakes Boulevard which is a heavily traveled road. This Net Lease Investment is ideally developed for accessibility from the center most district of beautiful Palm Beach County.

Contact Net Lease Properties to sell your net lease properties, purchase NNN Property or 1031 exchange opportunities.




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Arbys Absolute NNN Ground Lease

Chicago, Illinois - We are looking at Arby's as Tenant for our Net Lease Properties information this afternoon. As our Net Lease Properties Investors see somewhat lower Cap Rates for McDonald's net leased properties and may want a larger return on their investment. We see that some Arby's and Burger King as Tenants for net lease properties are still giving steady returns on investments. We are reporting that a net-leased property with Arby's sold for $780,000. This Arby's net leased property is located at 5790 Belleville Crossing Street, in Belleville, Illinois.

Belleville is approximately 30 miles southeast of the Lambert-St.Louis International Airport which is at 4610 N Lindbergh Blvd in Hazelwood, Missouri. Belleville, Illinois is 295 Miles southwest of Chicago, the Windy City. The net leased property with Arby's is in the 62226 zip code which is situated in Saint Clair County.

This is an absolute NNN ground lease, with Arby's. This net leased property is a 3,300-square-foot, single-tenant property that sits on a little under one acre of land. This Arby's ground lease is located in front of Belleville Crossing. The retail property, Belleville Crossing is located at the intersection of Frank Scott Parkway and Highway 15. The Retail Shopping Center, Belleville Crossing, is a power center that is approximately 409,000 square-feet. The Retail Shopping Center is anchored by Home Depot and Target.

The net leased property seller is a private developer. The Buyer ended up with a capitalization rate of 7.5% for the net leased property. The net-leased tenant is an Arby’s franchise and they exercised its right of first refusal for the property. This type of property is a favorite of NNN Commercial Real Estate investors investor as it should provide a secure long-term income stream backed by a large national franchisee. Also a NNN Lease Investment property comes without any management responsibilities. As a Tenant being seen as responsible and able to pay on time, US Beef Corporation operates over 275 locations.

This NNN Lease Investment with Arby's Tenant, is about 12 miles southeast of Downtown St Louis. If you are not familiar with the ares, Highway 15 is the major commuter thoroughfare to St Louis and sustains a traffic count in the area of over 26,999 cars a day (VPD). Also triple net lease properties in the area benefit from a new $84 million High school that was completed across the street. That should present a great number of customers to purchase burgers at the local triple net lease properties with fast food tenants. Some of the National retail tenants in the area are Target, Home Depot, OfficeMax, PetSmart, Famous Footwear, Maurice's, Hibbett Sports, Qdoba, Hallmark, Mattress Giant, Payless Shoes, Verizon Wireless, Gamestop, Kecks Jewelry, Great Clips, and GNC. Some competition for the absolute NNN Ground Lease is Buffalo Wild Wings, White Castle, and Wendy's. Banking in the area can be done at Commerce Bank, and there are many other national retail tenants nearby.

When doing an NNN Commercial Real Estate Property search, it behooves you to search for properties with Assumable Debt. Look for an assumable Investment Property financing in place that matures not before 10 years. An Investment Property for sale offering an attractive Commercial Loan rate and is amortized and assumable, allows for unmatched benefits.

Contact Net Lease Properties to sell your net lease properties, purchase NNN Property or 1031 exchange opportunities.

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Fort Myers Retail Shopping Center Sold

Fort Myers, Florida - Net Lease Properties with Publix as a Tenant are still highly desired. We have Net Lease Properties news on a Retail shopping Center being sold in Fort Myers. Fort Myers is on the west coast of Florida and close to Naples, about 41 Miles North. The net lease property buyer is a Delray Beach-based commercial real estate investment firm, CR South. CR South purchased this Retail shopping Center called The Shops at Verandah. The Shops at Verandah is an approximately 73,036 square-foot Fort Myers Retail Shopping Center. The net leased Retail Shopping Center has Publix Super Markets as the anchor Tenant.

The Shops at Verandah was constructed in 2005, with local shops, restaurants and banks. The net-leased Retail Shopping Center is part of the Verandah Country Club community. This Verandah Country Club community is an existing master planned, beautiful golf course community that is situated on approximately 1,579 acres. Verandah Country Club community was developed by Bonita Bay Group. This prestigious community has approximately 70% of the community devoted to open space with amenities such as a tennis and fitness center. This community also has two championship golf courses designed by Bob Cupp, the great Jack Nicklaus and Jack Nicklaus II.

The retail shopping center can be easily accessed from three dedicated points along State Road 80, as well as a private signalized entrance at the intersection of State Road 31 and State Road 80. The net-leased Retail Shopping Center is ideally developed to capture retail foot traffic from both the north and south sides of the Caloosahatchee River, accessed by the State Road 31 bridge. The Shops at Verandah, Ltd. was the Seller of this net leased property.

CR South is partners with Continental Realty Corporation. Continental Realty Corporation was started in 1960. Continental Realty Corporation is a privately held commercial real estate company headquartered in Baltimore, Maryland. They have a diverse Investment Property portfolio of properties worth more than $1 Billion. Their diverse Investment Property portfolio includes 7,000 apartment units and 3,000,000 square-feet of retail net lease properties and office space. Continental Realty Corporation will also provide asset management. The direct oversight of on-site commercial property management will be provided by Colliers International of Fort Myers. The Tenants in need of leasing will go through Doug Olson of LandQwest Commercial.

The Retail Shopping Center, Shops at Verandah is located at 11851 Palm Beach Boulevard, in Fort Myers, Florida with the Lee County zip code of 33905. The Shops at Verandah currently leases 19 tenants including Allstate Insurance, Beef O'Brady's, H&R Block and RE/MAX. The retail shopping center is approximately 94% net-leased. We are unaware of the purchase price or if a 1031 Exchange was in action for the net lease property. There are other separately owned freestanding properties with Regions Bank, Exxon Mobil, and Wachovia - Wells Fargo at this retail shopping center site.

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 Commercial Loans at Loanrise.com.



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1031 Exchange with NNN Lease Property

Vidalia, Georgia - Our Net Lease Properties information this evening is regarding a "NNN" Triple Net Lease Property. A Triple Net Lease Property sold for a sales price of $795,000. The Tenant in this Net Lease Investment is Taco Bell. This Triple Net Lease Property is a 2,216-square foot building in Vidalia, Georgia. Vidalia, named like the onion, is 173 miles southeast of Atlanta, Georgia and in Toombs County.

The Net Leased Property seller was a Florida-based private investor. The buyer of the Net Lease Investment is a limited liability company based out of California. It looks like a pretty good deal for a Net Lease Property, with Taco Bell as Tenant for $795,000. Our reports had the Net Lease Property buyer in a 1031 exchange. Triple Net Lease Properties are an ideal debt replacement Vehicle for Commercial Real Estate Investors using a 1031 tax deferred exchange.

The tenant operates under a NNN Lease which runs through August of 2020. The NNN Lease offers landlord friendly annual rent increases of one percent. The Net Lease tenant has (1) ten-year option to renew, followed by (2) additional five-year options. Being that this is a "NNN" Triple Net lease Property, the tenant is responsible for the payment of all taxes, insurance, and maintenance of the property, including the roof and structure. The tenant, Tacala, LLC, is an experienced Taco Bell franchisee that currently operates over 170 Taco Bell locations in the southeast United States.

Vidalia is located in southeast Georgia 70 miles outside of Savannah. The Net Lease Property is located on East First Street, which is a main retail thoroughfare of Vidalia. Other national retailers surrounding this net lease site include Bi-Lo, Rite Aid, Net Leased AutoZone, Dairy Queen, Harvey's, BB&T, Dominos, and Hardee' s. The Net Lease Investment with Taco Bell is located at 400 E. 1st Street (US Hwy 280) in Vidalia.

We offer to qualified buyers single tenant, net leased properties. 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. We can assist you with your search for Net Lease Investments. Also contact us to sell your existing Net Lease Properties portfolio or from the list below.

Triple Net Lease Properties
Investment Property For Sale
Sale-Leaseback Transactions
NNN Ground Lease
1031 Property 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.

Net Leased Property Sold With Walgreen's Tenant

Daytona Beach, Florida - Net Lease Properties data today is from Daytona Beach which now wears the moniker of car racing capital of the world. Commercial Real Estate Brokers put together a transaction of the purchase of a Net Lease Investment. A Florida-based limited liability company has purchased a 13,841 square-foot net leased property with Walgreen's as Tenant.

This net lease property is located at 2620 South Nova Road (SR 5A) in Daytona Beach, Florida. This was a shockingly low price to purchase this type of Net Lease Investment. This Net Leased Property sold for $2.39 million. The main factor for such a low price on this net lease investment was the fact that there were less than seven years on the original lease. The seller decided to exit this net lease investment although we do not know if there are talks with Walgreen's to re-lease this building.

The Net Lease Property seller was a a Florida-based private investor. We, at Net Lease Properties are actively seeking sale-leaseback deals for qualified "NNN" Triple Net Lease Properties.

Net Lease Properties & Commercial Loans

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

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
  
• 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
  

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.

Net Leased CVS Property Sold

Lake in the Hills, Illinois - Net Lease Properties news today is on the acquisition of a property that is net leased to CVS. Agree Realty Corporation has purchased a retail property that is net leased to CVS/Caremark Corporation.
This net lease property is located at the intersection of West Algonquin Road and Lakewood Road in Lake in the Hills, Illinois. Lake in the Hills (often abbreviated L.I.T.H. or LITH) is a village in McHenry County, Illinois. There are many different townships for this area of Illinois if you are searching for commercial real estate property information.

The cost of this Commercial Real Estate acquisition was approximately $5,800,000. CVS has approximately 24 years remaining on the base term of the lease. The square footage of the property is approximately 12,900. County records indicate this net lease property was originally a sale-leaseback which is common amongst many net lease properties with credit tenants.

The new owners are purchasing primarily single tenant properties, leased to major retail tenants and neighborhood community shopping centers.

Net Lease Properties & Commercial Loans

If a Multifamily Apartment Complex is of interest to you then contact us, HERE. We can also assist you with your Commercial Loans and Net Lease Properties Funding to purchase a CVS, FedEx, Walgreens, Target, Publix or a property net leased to McDonald's, Dollar General, Burger King or Taco Bell.

2 Net Leased Properties Purchased by REIT

Kansas City, Missouri - Today, Net Lease Properties news is on Properties acquired by a REIT. The first property which was purchased is net leased to Kohl’s Department Stores, Inc. through January 31, 2025 (with tenant options to extend). This net lease property is located in Kansas City and the purchase price was $8.95 million. This net leased Kohl's is in the Wilshire Plaza Shopping Center, which is anchored by the commercial real estate investments, Super Target and Home Depot.

This Kohl's is approximately 88,248 square feet, a retail department store on approximately 7.47 acres.

The other net leased property that was purchased is located in Monroeville, Pennsylvania, a suburb of Pittsburgh. This commercial real estate investment is a 6,000 square foot retail property leased by a Men's Wearhouse pursuant to a long term net lease. The purchase price was approximately $1.3 million, including $300,000 of contracted building improvements.

The Buyer of both of these net lease properties was One Liberty. One Liberty is a New York based real estate investment trust (REIT) that specializes in the acquisition of real estate properties under long term net leases.

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 CVS, Walgreens, Target, Publix, Kohl's, Burger King, KFC, Wendy's or other Net Lease Property.

NNN Distribution Center Sold For $26.1 Mil

Coatesville, Pennsylvania - This mornings news from Net Lease Properties is on a distribution center. An entity named KS Coatesville PA sold a net lease property for $26.1 million. The Buyer was known to be a Private Investor.
The 150,000-square-foot triple net leased property is located at 201 Waverly Boulevard in Coatesville, Pennsylvania. The distribution center is approximately 45 miles West of Philadelphia.

The net lease property is 100% occupied by Keystone Foods. Keystone Foods is a global manufacturer and supplier of protein products and a custom food-service distributor. More Information on the net leased property is that it is on 20.4 acres, includes 30-foot clearance, and 35 docks. The Building also has office space, dry storage, freezer storage, cooler, cold docks and maintenance facilities.

At one point in time this Net Lease Property was being marketed as a 8.04% Cap rate.
This property, which has expansion capabilities, distributes products to more than 400 McDonald's locations throughout Pennsylvania, New Jersey and Delaware.
Coatesville represents an attractive point of distribution due to its proximity to I-76 (Pennsylvania Turnpike) and Route 30.

Net Lease Properties & Financing

If Shopping Centers, Net Lease Properties or Apartment Buildings or a Distribution Center 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, McDonald's, Walgreens, Target, Publix or other Net Lease property.

The Single Tenant, Net Leased Property Investment

Single Tenant, Net Lease Properties Investing

We would look like to give a reasonable definition of a Net Leased Property Investment
which may be a Single Tenant, and of course the premium with a Credit Tenant.
Typically, a Single Tenant, Net Leased property is a freestanding retail, or office building occupied solely by one user. This Single Tenant is bound by a long-term Lease of the building. The Net Lease obligates the tenant to pay the building's real estate taxes, insurance and maintenance costs.
A Net Lease Property Investment has the lessee bound by contract to pay any expenses related to the ownership of the property, including but not limited to utility bills, building repairs, annual taxes and insurance needs. It is sometimes referred to as a closed-end lease.
Many Investors look to Single Tenant, Net Leased Investments to simplify their portfolio by buying and selling properties that require little or no landlord responsibilities. This decreases the Investors costs in owning the portfolio and increasing the likelihood of long-term, stable income.

Double net (Net-Net) NN normally means that the Tenant pays for everything except structural repair. Some examples of the Net-Net could be a Dollar General or Dollar Tree Net Lease Property. We have seen some Walgreen's that are Net-Net (NN) but many can be found as Triple Net Leased Property.

Our favorite is the Triple Net Lease (NNN) which means that the Tenant is responsible for generally everything including structural repair. However every lease is different, and it is best to actually check any lease in the negotiation process of a purchase. Walgreen's generally fall into this category. Some other Triple Net Lease Property Investments might have a Publix, Target, CVS, Kohl's or Taco Bell on the site. McDonald's Properties and many banks such as Chase, BB & T and others could be a Triple Net Lease Property.

If you feel this is the right time to invest in a Net Lease Property especially a Triple Net Lease Property then contact us, HERE. Net Lease Properties can also assist you with your Commercial Real Estate Mortgage to purchase a new property.

Triple Net Lease Popeye's

Triple-Net-Lease-Properties

Baltimore, MD - We would like to revisit an older transaction to use as an example of a Triple Net Lease Property transaction.
A Commercial Real Estate Investment firm, acquired a portfolio of four Popeye’s Chicken and Biscuits restaurants from two of the largest Popeye’s mid-atlantic franchisees. The franchisees were Essential Chicken, Inc. and B&T Foods, Inc.
These 2 Franchisees together own and operate 30 units in Maryland and in Delaware.

In connection with the financing, each of the properties is encumbered by a 20 year Triple Net Lease. The Seller utilized the proceeds to retire existing debt.
This is a great example of having Cash available. This approach having the availability of capital in tight credit markets and familiarity with the intersection between structured finance and real estate got this deal done quickly.

The Popeye’s Triple Net Lease Properties are a nice substitute to quick service restaurant such as Checkers/Rally’s, KFC, Taco Bell and Arby’s.

If you feel this is the right time to invest in a Triple Net Lease property then contact us, HERE to find it and/or your Mortgage to purchase it.

Commercial Real Estate
11420 U.S. Highway 1
North Palm Beach, FL 33408

Triple Net Lease on Taco Bell

ATLANTA, Ga. - Commercial Real Estate agents from the Atlanta office of Marcus & Millichap have sold a Taco Bell. The Triple Net Lease - NNN- Taco Bell is located in Baxley, GA.

The Taco Bell, which is approximately 2,205 square feet, sold for $1,600,000.
The property was signed to a 20-year (NNN) Triple Net Lease with a multi - unit franchisee. This Taco Bell Triple Net Lease property sits as an out-parcel to a Wal-Mart Supercenter and is adjacent to several other national retailers such as Advance Auto and Aaron Rents. The buyer was a family trust out of California and purchased the property all-cash. The Taco Bell, net lease investment transaction closed on Monday, March 1, 2010.

If you are seeking Triple Net Lease Properties or Net Lease Properties, feel free to Contact us.

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

Contact Us HERE for:
1031 exchanges
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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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