Walgreens Triple Net Lease Properties and CTL Financing

West Palm Beach, Florida - Net Lease Properties information for the day is on two high quality net lease property Tenants. CVS Pharmacy and Walgreen's Pharmacy are excellent choices for a Net Lease Investment Property. We have a large database of NNN Commercial Real Estate Buyers looking to buy quality retail NNN Lease Properties. So the possibility of a Walgreen’s Net Lease Property in South Florida is becoming rare. We were surprised to see a Walgreen's Triple Net Lease Property sold in Loxahatchee, Florida.

Loxahatchee is approximately 23 Miles west of the tony town of Palm Beach. With Palm Beach having very few single-tenant net lease properties (STNL) opportunities, investors have to reach outside of the West Palm beach area. Some NNN Commercial Real Estate analyst referred to Loxahatchee as a former Horse Property area. This vibrant Loxahatchee area has grown tremendously over the past 20 years, with new buildings of excellent retail triple net lease properties.

This Walgreen's Pharmacy Triple Net Lease Investment sold for $7.87 million. The NNN Lease Property Buyer was US Property Management LLC. This Walgreen’s Triple Net Lease Property has the structure with approximately 14,457 square feet which is close to the normal size of Walgreen’s Pharmacy Building. This Walgreen's Pharmacy Triple Net Lease Property is particularly attractive as it has a new 25 year net lease.

Loxahatchee Venture LLC. was the seller of this Walgreen's Pharmacy Triple Net Lease Investment. This dominant triple net lease investment property netted about $540 per square foot. This NNN Lease Property transaction was part of a 1031 Exchange. The 1031 Exchange is one of the few quality opportunities to build wealth with NNN Commercial Real Estate investing.

We found a CVS Triple Net Lease Property sold in Philadelphia. The CVS Triple Net Lease Investment sold for $3,525,000. This Net Lease Investment purchase price equates to roughly $343 per square foot. The CVS Triple Net Lease Property was marketed at a price of $3,709,000. As we keep mentioning, many NNN Lease Properties are selling close or at the asking price.

The CVS Triple Net Lease Property is located at 8545 Frankford Avenue, in Philadelphia. The NNN Property has the Pennsylvania zip code of 19114. The Triple Net Lease Property seller was Brierwood Company. This was a prime opportunity to get into a fee-simple, freestanding building with CVS Pharmacy as the Tenant. The net lease tenant, CVS Pharmacy has close to ten years remaining on an initial 20 year net lease.

This is a rare Triple Net Lease Property as CVS Pharmacy has rental increases every five years of the base net lease term and into their option periods. The CVS Triple Net Lease Investment buyer was Goodman Properties.

Contact Net Lease Properties to purchase or sell NNN Lease Investments. We can direct you to excellent rates on CTL Financing and Commercial Loans.


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Triple Net Lease Property with Kiddie Academy Tenant

Philadelphia, Pennsylvania - Our Net Lease Properties information today is on a very unique net lease property Tenant. This unique net leased property Tenant is the Kiddie Academy. This NNN Lease Property Tenant is in the Day Care Facility - Nursery sector of retail NNN Tenants. This triple net lease property is located at 2908 Route 130, in Delran, New Jersey with 08075 as the zip code. Delran, New Jersey is only 14.5 Miles to the Philadelphia, Pennsylvania metropolitan statistical area (MSA). We wonder if the local residents are fans of the Flyers or the New Jersey Devils.

This New Jersey triple net leased property sold for $2,8 Million. The Kiddie Academy NNN Lease Property was being marketed for the price of $2,850,000. So as we noted last week, many retail NNN Lease Properties are being sold for the asking price or very close to it. This NNN property leased to Kiddie Academy Cap was also marketed with a 9% Cap Rate, which is very respectable for triple net lease properties. The Buyer of this New Jersey Triple Net Leased Property is a local private investor. Triple Net lease Investments are suitable for a lone private investor or a joint venture of 2-3 investors. We get requests periodically for a (JV) Joint Venture partner on NNN Properties and 1031 Exchange replacement property.

This triple net lease property is approximately 10,436-square feet for the Kiddie Academy NNN Tenant to use 100% of the structure. This New Jersey NNN Lease Investment was built in 2008. This triple net leased property was a build to suit for the NNN Property Tenant, Kiddie Academy. The criteria for a Kiddie Academy franchise is that they require a minimum personal financial statement of $150 K liquidity and $450 K of net worth. The investment range for a franchisee is approximately $442,000 to $765,000 for a build to suit lease on a triple net leased property. Also the franchisee can go up to $3.7M for a land and building purchase.

This single tenant net lease property (STNL) is a one story building. This triple net lease property is situated on a Lot which is approximately 1.41 acres. New Jersey NNN Commercial Real Estate Investment Specialists helped procure the sale of this property. The NNN Lease Property seller was a Midwest commercial real estate developer. We are not informed if there was any assumable Net Lease Funding on this Property.

While this NNN Lease Property has the intended use to house a state of the art day care facility, this structure was designed architecturally to be extremely versatile. The NNN Lease Property structure is easily adaptable to meet the most stringent of uses for retail use or office building use. Apparently this is the NNN Property tenant's only location, however Kiddie Academy Corporate provides a wealth of support services for all of their franchisees, new and old. The Triple Net Lease Property tenant is encumbered with an original 15 year triple net lease with 3% annual bumps in the rental rate. As of the NNN Lease Investments closing, there were about 14 years left on the triple net lease.

The Tenant at this NNN Lease Property has met all the requirements for Kiddie Academy. Currently, Kiddie Academy has more than 100 franchisee operated stores under their umbrella as well as 4 Company owned businesses. Kiddie Academy has been in the education based child care service industry since 1981. Kiddie Academy is currently a leading family child care provider. Specifically, they focus on educationally focused childcare. Since they started their first academy more than 30 years ago, Kiddie Academy has experienced enormous growth, with academies coast to coast.

This NNN Lease Investment is a prime site for a high-end day care facility. This Triple Net Lease Property is strategically situated on the main retail business thoroughfare within Delran. This NNN Lease Property sits on Route #130, which is also known as Burlington Pike. The New Jersey NNN Property should thrive with a population within a five mile radius that exceeds 250,000. Also another primary point for this retail triple net lease property is that the median household income in the vicinity exceeds $75,543.

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

If you are ready to purchase Commercial Real Estate or a Triple Net Leased Property, you can apply for Commercial Loans at one of suggested Brokers.

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The NNN Property Northwood Plaza Sold In Florida

Tampa Bay, Florida - Net Lease Properties news for the day comes from a fantastic, relaxing area, the Tampa Bay - St. Petersburg area. This Tampa Bay area for NNN Investment Properties is home to award winning beaches, fine hotels and restaurants. The Tampa Bay, St. Petersburg, Clearwater area has options for net lease properties for your next 1031 Exchange. A Net Lease Property with a Publix anchor sold in Clearwater, Florida. This Clearwater Net Lease Property is called Northwood Plaza.

The sales price for this Publix anchored retail shopping center has not been disclosed as of yet. We will do further research and seek the acquisition price of this triple net leased property. This Florida net lease property is located at 2508-2554 McMullen Booth Road, in Clearwater, with the 33761 zip code. The position of this Florida Net Lease Property is at the North West Corner of McMullen Booth Road and Enterprise Road, in Clearwater. This Florida net leased property is situated in Pinellas County. This is area has a high traffic count to help this Triple Net Lease Property excel.

This Publix anchored retail shopping center was approximately 90% net leased at the time the NNN Property transferred to the new Owner. AEW Capital Management purchased this Florida Net Lease Property. This Florida Net Lease Property has many prime Tenants and had a recent new net lease signed. Commercial Real Estate Brokers signed Postal-Annex to a net lease of approximately 1,511 square feet. We are not privy to the Net Lease Funding for this Florida NNN Property.

Many of our NNN Commercial Real Estate investors are seeking Publix-anchored net leased properties. Also institutional investment groups, (real estate investment trust) REIT's, private equity investors and foreign commercial real estate investors wanted this NNN Property.

The NNN Lease Investment is approximately 202,112 square feet. The major net leased property tenants are Publix, Stein Mart, Talbots, Anthony’s Coal Fired Pizza and Starbucks for your coffee needs. Another net leased property tenant is CVS pharmacy, another favorite of our NNN Commercial Real Estate investors. This Florida Net Lease Investment had construction completed in 1980. Northwood Plaza, LLC was the seller of this Florida Net Leased Property. Northwood Plaza, LLC were in position to select an excellent offer as this NNN Property is considered to be one of the premier Publix-anchored properties on the Florida West Coast.

The Net Lease Property Buyer, AEW Capital Management, L.P. was founded in 1981, a year after this Publix-anchored retail shopping center was built. AEW Capital Management, L.P. provides (CRE) commercial real estate investment management services to investors across the globe. Currently, AEW Capital Management, L.P., AEW Europe and AEW Asia manage more than $44.5 billion of commercial real estate investments and securities. As of December 2010, AEW Companies manage these properties on behalf of many of the world's leading institutional investors and private investors.

AEW Capital Management, L.P. also manages investment property portfolios in both the public and private property markets and across the risk - return spectrum. AEW Capital Management, L.P. focuses on research and are experienced in the complexities of the commercial real estate market and capital markets. The Triple Net Lease Property Buyer has built a reputation by offering innovative solutions to their clients' needs. AEW Capital Management, L.P. strives to add value to their investment property portfolios, and meeting or exceeding their expectations for service and performance.

The Triple Net Lease Property Buyer, AEW, is headquartered in Boston. They also have commercial real estate offices in Los Angeles, London, Singapore and Hong Kong, as well as affiliate offices in Paris and nine other European cities. AEW, their Asia affiliate and European affiliate, AEW Europe, strive to create a global commercial real estate investment management platform to continue to grow.

This Florida NNN Lease Property allows customers get their morning coffee, eat breakfast, do some shopping, and buy groceries at net leased Publix. Then customers can have lunch, be pampered with a massage, manicure, get a haircut, visit the Doctor, and pick up their prescription at the CVS Pharmacy.

Northwood Plaza NNN Property Tenants:

Allstate Net Leased Property Tenants
Anthony’s Coal Fired Pizza Net Leased Property Tenants
Any Lab Test Now Net Leased Property Tenants
Anytime Fitness Net Leased Property Tenants
Brooks Rehabilitation Net Leased Property Tenants
Buy Best Beauty Net Leased Property Tenants
China Taste Net Leased Property Tenants
CVS Pharmacy Net Leased Property Tenants
Deb’s Hallmark Net Leased Property Tenants
Famous Greek Salads Net Leased Property Tenants
Fashion Cleaners Net Leased Property Tenants
First Bank Net Leased Property Tenants
HomeBanc Net Leased Property Tenants
Garden Shed Net Leased Property Tenants
GNC Net Leased Property Tenants
Island Comfort Footwear Net Leased Property Tenants
Kelly Nails Net Leased Property Tenants
La Posh Salon Net Leased Property Tenants
Louis Pappas Market Café Net Leased Property Tenants
Massage Envy Net Leased Property Tenants
Metro PCS Net Leased Property Tenants
Moda Milano Hair Salon Net Leased Property Tenants
Northwood Vision Net Leased Property Tenants
Patchington Net Leased Property Tenants
Pickles Plus Net Leased Property Tenants
Pinch A Penny Net Leased Property Tenants
Publix Net Leased Property Tenants
Red Bamboo Medi Spa Net Leased Property Tenants
Rita’s Ice Custard Happiness Net Leased Property Tenants
Salon Lofts Net Leased Property Tenants
Scottrade Net Leased Property Tenants
Starbucks Net Leased Property Tenants
Stat Med Net Leased Property Tenants
Stein Mart Net Leased Property Tenants
Talbots Net Leased Property Tenants
Tuscano Net Leased Property Tenants
Marco’s Pizza Net Leased Property Tenants
Weight Watchers Net Leased Property Tenants

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

If you are ready to purchase Commercial Real Estate or a Triple Net Leased Property, you can apply for Commercial Loans at a suggested Broker.






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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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New York Walgreens NNN Lease Investments

Queens, New York - We open up Net Lease Properties news for April with a top national credit tenant, Walgreen’s. Many of our Net Lease Properties investors are actively searching for Walgreen’s Pharmacy and CVS Pharmacy triple net leased properties. NNN Lease Investments with zero landlord responsibilities can be stable, long-term investments.

The net lease property Tenant, Walgreen's was founded in 1901. This triple net leased property Tenant currently provides the most convenient access to consumer retail goods and services, and pharmacy. Walgreen's as the net lease property tenant also offers health and wellness services for America. Walgreen's has pioneered many modern retail sites and pharmacy features, some of which have become standards in the industry.

The net lease property Tenant has recorded over 30 consecutive years of record sales and earnings. As far as investment property is concerned check these reports; Walgreen’s is a Fortune "50" national credit tenant (traded under the symbol "WAG"), with an S&P "A" rating and is listed among Fortune Magazine's "Most Admired Companies", the "Platinum 400 List" and "40 Best Stocks to Retire On".

This New York triple net leased property sold for $10,400,000. This sales price for a 100% Leased, NNN Lease Property may sound higher than normal but it is not the highest sale price this year. The NNN Lease Investment was marketed at a Cap Rate of 6.25 and then slightly higher. However, the Walgreen's triple net lease property closed at approximately a 7% cap rate.

The triple net leased property buyer was Elion Real Estate Investments. The sales price for this NNN Lease Investment comes to about $1041 per square foot. This is a rare Drugstore NNN Lease Property as it has rent bumps in the option periods of the net lease. This NNN Lease Property will also benefit from sitting on a freestanding corner at a lighted intersection. We do not have information on the Commercial Loans on this NNN Lease Investment acquisition.

The Walgreen's triple net leased property is located at 112-55 Farmers Boulevard, in New York with 11412 as the zip code. The NNN Lease Investment is situated in Queens County. The triple net leased property has a Building size of approximately 9,989 square feet. The NNN Lease Property sits on a Lot size of approximately 20,000 square feet which equates to .46 of an acre. This New York triple net leased property was recently constructed in 2010 and sold by Unicorp National Developments, Inc. The absolute NNN Property appears to have opened in January of 2011.

Th Net Lease Property has over 10 years left on the lease with Walgreen's. This NNN Lease Investment with Walgreen's benefits from being in a dense residential neighborhood and this Walgreen's store is capable to become the primary pharmacy in this area of New York. The Net Lease Investment is close to retail, and various restaurants. A primary factor that this Walgreen's should be successful is that it is near several medical clinics including Albright Medical Offices and Hollis Medical.

The NNN Lease Investment has an excellent location with from frontage on three sides and along a major access artery into the Queens residential neighborhoods. Queens is the largest borough in area size, the second largest in population, and of the five boroughs, sits on the east. This Net Lease Property is positioned on the western most part of Long Island. Also Queens is home to two major New York City airports, JFK & LaGuardia.

This triple net lease property is nearby the New York Mets baseball stadium, and the US Open tennis tournament. Queens is the home for the NNN Commercial Real Estate development, the Citicorp Building. This Citicorp NNN Commercial Real Estate building is the tallest skyscraper in New York City outside of the Manhattan Commercial Real Estate district.

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


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CVS Triple Net Leased Property Sold

Philadelphia, Pennsylvania – Our Net Lease Properties news today is on a quality net lease Tenant, CVS. Many of our Net Lease Properties investors are searching for a decent cap rate on a net leased property with CVS. We did find a recent sale of a CVS Net Leased Property in Philadelphia. A commercial real estate investment company, Brierwood Company, sold a NNN Lease Investment with CVS for $3,523,000 which equates to approximately $347 per square foot.

This triple net lease property is located at 8525 Frankford Avenue, in Philadelphia, with the zip code of 19114. This triple net lease property is situated in Philadelphia County. The buyer of this triple net lease property was Goodman Properties. Commercial Real Estate Brokers were marketing this fee-simple, freestanding CVS Pharmacy for approximately $3,712,999. Commercial Real Estate Brokers chose to try and get a Cap Rate of 7.75% and the closing price was close to the asking price. As of late, this is the case with NNN Lease Properties, selling at or near the asking price.

This Philadelphia NNN Lease Property currently has over nine years remaining on an initial 20-year lease with CVS Pharmacy. The single-story Philadelphia NNN Lease Property is approximately 10,119 square-feet and is 100% occupied by CVS Pharmacy.

The Philadelphia triple net lease property was built in 1999 and is situated on 0.71 of an acre with the capacity for parking 4 cars per every 1,000 square feet. The attractive part of this Philadelphia triple net lease property are rental increases every five years of the base term and into their options. The NNN Property investor might achieve up to an 8.20% cap rate when the next rental increase occurs in June 2014.

This triple net lease property was offered with an option to assume the existing Commercial Loan, which had a balance of approximately $1,736,511. The triple net lease property had a popular life insurance loan that was self-amortizing at an 8% interest rate.

The Philadelphia triple net lease property is positioned on a busy retail corridor between Strahle and Benson. This NNN Lease Investment has a close proximity to a busy I-95 exit for Academy Road and services the Holmesburg community neighborhood.

This Pennsylvania triple net lease property has CVS as the Tenant with Standard and Poor's BBB+ Rating. The NNN Lease Investment benefits from the premier location in Northeast Philadelphia with traffic counts that currently exceed 25,000 VPD (cars per day). The NNN Property is within 5 miles from over 440,000 residents.

The NNN Lease Property buyer, Goodman Properties, is a Commercial Real Estate Development and Management Company. Goodman Properties was started in 1985 by Bruce Goodman, the commercial real estate developer. Currently the Commercial Real Estate Company has developed and owns more than 123 properties, and they continue to manage all of them. Over the past 24 years, Goodman Properties has become one of the Delaware Valley's premier retail commercial real estate developers.

The Commercial Real Estate Company started out by focusing on smaller-scale strip retail shopping centers. The Commercial Real Estate Company has now become a major developer of specialty stores for NNN Commercial Real Estate retailers such as CVS Pharmacy, Walgreen's Pharmacy, Barnes & Noble and Staples.

Currently Goodman Properties' has an Investment Property portfolio which contains more than 4.0 million square feet of diverse retail commercial space with excellent net leases. This Investment Property portfolio consists of both stand-alone properties and large power centers occupied by excellent retailers such as Target, Wal-Mart, Sam's Club, Kohl's, Toys 'R Us, Dick's Sporting Goods, Staples, Best Buy, Barnes & Noble, Safeway Grocery Stores, Starbucks Coffee, Costco, Regal Entertainment Group, and many more exclusive Tenants. The net lease properties buyer and developer, Goodman Properties is very proud of their relationships it has built with their net lease tenants. They currently have approximately 300 net lease property Tenants.

Contact Net Lease Properties to purchase NNN Property.

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Net Lease Property Dollar General Sold

Petersburg, Virginia - July, 20, 2010 - Net Lease Properties has news today of Net Lease Properties Investment selling in Petersburg, Virginia. Petersburg is about 25 miles south of Richmond, Virginia.
This sale of a net lease Dollar General Investment property had a closing price of $927,350.
The Commercial Real Estate Investment is a 9,014 Square feet free-standing retail property. This property is currently leased to Dollar General Corporation on a long-term, net lease basis.

The Buyer of this Net Lease investment property was a private, 1031-exchange buyer who was seeking a stable and passive investment.
A 1031 exchange, otherwise known as a tax deferred exchange is a simple strategy and method for selling one property, that's qualified, and then proceeding with an acquisition of another property (also qualified) within a specific time frame.

Also a "1031 exchange" is unique because the entire transaction is treated as an exchange and not just as a simple sale. This 1031 exchange method allows the taxpayer(s) to qualify for a deferred gain treatment for Investments, if performed properly.
A 1031 exchange can be used on a Walgreens sale, Publix, Target, Home Depot, etc. as long as the Investor goes through the proper channels to do a 1031 correctly.

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If you are ready to invest in Commercial Real Estate, Multi-Family Apartment Buildings, Office Building Highrises or Net Lease Properties then contact us, HERE. We can also assist you with your Commercial Real Estate Mortgage and Non Recourse Loan to purchase a Commercial Real Estate.

Net Leased Property Sold For $4.2 Million

FARMINGTON HILLS, Michigan - Agree Realty Corp. has purchased a retail property Net-Leased to CVS/Caremark Corp. in Atchison, Kan., for $4.2 million. This purchase of the Commercial Real Estate property that is net leased to CVS, supplements their roster of national tenants and continues to diversify their Investment Property Portfolio of net leased retail properties.

A net lease is where the tenant normally agrees to pay for ownership expenses, including utilities, repairs, insurance and taxes. 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.

Agree Realty Corporation has an Investment Property Portfolio chock full of net lease properties. As recently as June, 2010, the Company's total assets were $270,353,000. Their Investment Property Portfolio consists of 74 Commercial properties located in 15 states and totaling 3,492,468 square feet of gross leasable space. The Investment Property Portfolio was 99.2% leased at the end of the quarter. Agree Realty Corporation's construction in progress balance totaled approximately $9,738,000 at June 30, 2010. Also the Company capitalized $111,519 of construction period interest during the second quarter of 2010.

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, Walgreens, Target, Publix or other Triple Net Lease property.

Corporate Tenant Lease Portfolio Sold

NEW YORK - Net Lease News for today is that iStar Financial Inc. (NYSE: SFI), a publicly traded finance company focused on the commercial real estate industry, has completed a sale of 32 real properties, or interests therein. This sale of real properties is to various subsidiaries of Dividend Capital Total Realty Trust Inc. The Commercial Real estate properties are leased to a diverse group of corporate tenants, primarily on a triple net lease basis.
iStar's portfolio is highly diversified by product type, geographic area, loan structure and origination vintage.

The aggregate purchase price for the portfolio was approximately $1.35 billion, before closing costs and other items. iStar Financial provided Dividend Capital Total Realty Trust Inc. with mezzanine loans totaling approximately $106 million as part of its financing for the transaction.
These mezzanine loans bear interest at an initial blended rate of 8.8% per annum and have effective maturities of three and five years. The balance of the purchase price was received in cash.

The Company expects to use the proceeds from this transaction to repay a $925 million loan secured by the properties being sold, as well as for general corporate purposes.
Company expects to recognize approximately $250 million gain associated with transaction.

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.

$250 Million, 5.75% Senior Unsecured Notes Rated 'BBB+'

NEW YORK - Further news regarding yesterdays announcement of the Sale-leaseback of Triple Net Leased Properties.
Fitch Ratings has assigned a 'BBB+' credit rating to the $250 million par value 5.75% coupon rate senior unsecured notes issued by Realty Income Corporation. The notes, which mature in 2021, were issued at 99.404% of par to yield 5.826% to maturity. Realty Income's Issuer Default Rating (IDR) is 'BBB+' and the Rating Outlook is Stable.
The company will use the proceeds from the offering, along with borrowings under Realty Income's revolving credit facility, to acquire 13 winery and vineyard properties. These Commercial Real estate properties are located throughout the Napa Valley in Napa, California, valued at $269 million. The properties are subject to 20-year Triple Net Lease agreements with Diageo Chateau & Estate Wines and are guaranteed by Diageo Plc.

If you are ready to invest in an Apartment Building or Triple Net Lease Properties then contact us, HERE. We have some strong programs for Apartment Building Loans.
Net Lease Properties can also assist with your Commercial Real Estate Mortgage to purchase it.

Sale-Leaseback Transaction for Triple Net Lease Properties

Escondido, California - Realty Income Corporation, the Monthly Dividend Company (R), has recently announced that they have signed a definitive purchase agreement to acquire approximately $269 million of winery and vineyard properties. These Commercial Real Estate properties will be under long-term, Triple Net Lease agreements.

Realty Income will acquire the properties subject to 20-year, Triple Net Lease agreements with Diageo Chateau & Estate Wines and guaranteed by Diageo Plc (NYSE ADR: DEO). Diageo Plc is one of the world's leading premium drinks company. The company produces and distributes more than 65 consumer brands in 180 markets worldwide and carries investment grade corporate debt ratings from Fitch Ratings (A-), Moody's Investors Service (A3) and Standard & Poor's Ratings Group (A-). Diageo's shares are listed on both, the London and on New York Stock Exchanges.

The Commercial Real Estate properties to be acquired are located throughout the Napa Valley in Napa County, California. Napa Valley continues to be the United States premier wine producing region. The Triple Net Lease properties are comprised of approximately 2,000 acres of vineyard properties as well as the winery, production, retail and visitor center buildings of both the Sterling Vineyards winery and the Beaulieu Vineyards (BV) winery with combined leasable space of approximately 400,000 square feet.
Diageo Chateau & Estate Wines will continue to manage and operate the properties and will retain ownership and marketing of their wine brands under this transaction. The vineyards being acquired in the sale-leaseback transaction have been in production for between 25 to 100 years, and the premium grapes grown and processed on the properties are used for several of Diageo's most highly regarded wine brands.

On a side note, Napa Valley is one of the most beautiful areas in our great country, America. If you ever get the chance, it would be a great getaway or perfect for a Romantic weekend with a loved one.

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, Walgreens, Target, Publix or other Triple Net Lease property.

Commercial Real Estate Investing For Apartments

North Palm Beach, Florida - Today we have Net Lease Properties information go into the Apartment Sector of Commercial Real Estate. A few years ago there was a huge demand for Apartments Multifamily Investments.
Commercial Real Estate Investors bought apartments with short-term debt when the market was hot a few years ago. Now those same short-term loans are coming due and investors can't refinance Commercial Mortgages. Another valuable feature for investing in Apartment Buildings is to use that as a 1031 Exchange replacement property.

If you are ready to invest in an Apartment Building or Triple Net Lease Properties then you may Search Net Lease Properties now.


Most Commercial Mortgage Lenders have become more stringent in their qualifying requirements of borrowers, and appraisers are highly conservative in their appraisals of commercial properties. If your Investment Property is of fine quality, then we can help. We have some strong programs for Apartment Building Loans. Net Lease Properties can also assist with your Commercial Real Estate Mortgage to purchase it.

REIT Secures $46.0 Million For 2 Credit Tenant Lease Investments

North Palm Beach, Florida - A real estate investment trust (REIT) focused on single-tenant real estate investments, has announced that it closed on a $37.0 million Non-Recourse Loan (first mortgage loan) secured by its approximately 295,000 square-foot office building. This Commercial Real Estate Investment is located in the University of Utah's Research Park in Salt Lake City, Utah.
The second NNN Commercial Real Estate Investment is used to secure a $9.0 million Non-Recourse Mortgage (a first mortgage loan) is its approximately 128,000 square foot office facility located in Greenville, South Carolina.

The real estate investment trust, (REIT) has one asset in Salt Lake City, Utah is leased to the University of Utah and consists of a leasehold interest with a remaining term of 18 years. This new Non-Recourse loan bears an interest fixed rate of 5.527% and fully amortizes over 18 years.

The real estate investment trust, (REIT) has the other asset in Greenville, South Carolina. This Non-Recourse Mortgage is a fee interest and is leased to a Car Insurance Company for a 20-year term. The new loan requires interest-only payments at a rate of 5.50% and matures on January 15, 2015.

Commercial Real Estate Search & Mortgage Loans

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

NNN Pep Boys Sold & Multi-Family Complex Investment Opportunity

Orlando, Florida - A Triple Net Lease Property has sold for a $3.73 million sale price. This Triple Net Leased Property is a 22,000 square foot retail building occupied by Pep Boys Auto. The Commercial Real Estate Investment is located in Orlando. The tenant is currently operating under a 15-year Triple Net Lease (NNN), with 1.5% annual rental increases.

Multi-Family Complex Investment Opportunity

Over 250 units in this Multi-Family Complex

Purchase Price is under $10 million

Cash on Cash Return is over 20%

An excellent long term investment opportunity that provides above average rate or return for the long term with minimal risk and excellent inflation protection.

If this 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 Walgreens, Target, Publix or other property.

Triple Net Lease Properties Stand Out From the Crowd

Many people are asking themselves if they are overlooking a Commercial Real Estate Investment opportunity. You may think of Commercial Real Estate as splashy office parks and shopping malls, both of which took a pounding during the financial crisis and haven't fully recovered.

But think a little smaller, like fast food-restaurants, convenience stores and gas stations—and the returns can get bigger. These Commercial Real Estate Investments known as Triple-Net-Lease-Properties, are the best-performing sector of the commercial real estate marketplace. One Investment specialist, who is the head of global managed investments for a large Private Bank, like Triple Net Lease Properties. He serves ultra-high-net-worth clients and tells them it is the sector that lost the least value [during the recession] and rallied the quickest.

Triple Net Lease Properties are usually freestanding buildings in which a tenant agrees to take responsibility for maintenance, taxes and insurance during a long lease—leaving the investor with little to do but collect checks. Investors typically buy individual properties either alone or in limited partnerships with a few other investors, and then lease them out to occupants such as drug store chains, quick-serve restaurants, convenience and dollar stores, medical outfits, and in some cases big-box retailers like Costco. Some others are Walgreens, CVS, Wal-Mart, Target, FedEx, Home Depot, Kohl’s, Kroger and Lowe’s. McDonald’s, Publix, Staples and Burger King are other Triple Net Lease Properties to consider.

Triple-Net-Lease-Properties are generating nice annual returns. Individual investors and small groups of partners generally invest $300,000 to $5 million per building.

Some publicly traded real-estate investment trusts (REIT) concentrate on triple-net-lease properties, too. They returned 16.9% during the first quarter—compared with 11.1% for Dow Jones Equity All REIT Index, which includes all types of commercial and residential property.

Like all kinds of investing, triple-net-lease plays are based on risk: the more you're willing to take, the greater the potential returns. There are several important factors that determine a triple net deal's riskiness: the creditworthiness of the tenant, the location, physical condition and functionality of the property, and the remaining term on a lease (shorter is riskier). Also important: the "occupancy cost" or "health ratio," defined as the percentage that the tenant pays in rent relative to store sales. (The lower the ratio, the better.)

As with most income properties, investors can come out ahead—or behind—on Triple-Net-Lease properties in two ways: through price appreciation and income. The best measure of income potential is the so-called capitalization rate, or the net operating income divided by the purchase price of a property.

A self-professed "conservative" investor, now concentrates primarily on single-tenant properties. They combine prime real estate, a Tenant with stellar credit and minimal management responsibilities.

Net Lease Funding & Search For Triple Net Lease Properties

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

Lender-Owned Apartments sell in Tampa

Tampa, Florida - Marcus & Millichap Real Estate Investment Services has recently announced that 121 units at a failed condominium conversion, named Legacy at Tampa sold for $2.1 million. This equates to $17,355 per unit, which we feel is a fantastic deal for a Commercial Real Estate Investment, especially in Tampa.
This is not a nice return for Compass Bank, which took the condo community back from Group Developers LLC last July. Apparently Group Developers were only able to manage to sell just 47 units averaging just under $182,000 each.

Reports of the Buyer have been hush, hush. We will have to give the Commercial Real Estate Investors very high marks to pull of this purchase of the Legacy at Tampa, Apartment Complex.

Constructed in 1983, the community was operated as an Apartment Community until mid-2006 when it was purchased and converted to condominiums. Sales commenced in 2007, and between May 2007 and March 2008 some 47 condos were sold at an average price of $181,864 per unit.

The location of Legacy at Tampa is at 13801 N. 37th Street in Tampa, Florida.

Commercial Real Estate Search & Non-Recourse Loans

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

Medical Office Building Sells For $21 Million

Charlotte, North Carolina - Commercial Real Estate Investment opportunities are showing up in the Medical Office Buildings market. A Stamford, CT based RiverOak Investment Corp., LLC. has recently purchased four-buildings in the Novant Health, Inc. portfolio in the Charlotte-Winston-Salem Corridor of North Carolina for $21 million.
The seller of this Commercial Real Estate Investment was a group of private investment entities advised by Commercial Realty Advisors of Winston-Salem.
The buildings in the Novant portfolio are currently 100% occupied by divisions of the Novant Healthcare System. Together they consist of just under 250,000 square feet of medical warehouse, accounting, human resources and IT Office Space.

Commercial Real Estate Investment Groups target Medical Office Buildings

Some Commercial Real Estate Investment Groups are targeting medical office buildings, because Healthcare, as a percentage of GDP, is growing, and could soon reach 20%. Also, approximately another 30 to 40 million people will be added to the system, because of the recent Healthcare reform legislation.

Healthcare as a business is looking like a recession-resistant business. Many of the Leases on these Medical Office Buildings are Single Tenant, Triple Net Leases, which means the tenant pays all the operating expenses. Triple Net Lease Properties are normally not as subject to change in value as conventional Office Buildings are.

Some reports have Healthcare Buildings at the lowest delinquency rate, 4.33%, of all the major Commercial Real Estate sectors.

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

Commercial Real Estate Foreclosures up in Dallas

Dallas / Fort Worth, Texas - Commercial Real Estate Property foreclosures in North Texas have climbed 63 percent so far this year. Apartment complexes are among the hardest hit.

So far in 2010, 1,393 foreclosure postings were filed on Commercial Real Estate Properties in Dallas, Tarrant, Collin and Denton Counties.
The number of postings for Local Apartment Building Complexes has jumped 44 percent to 191. Office building postings increased 21 percent to 116. Most of the Apartments Buildings posted for foreclosure were older complexes.

On a more positive note, foreclosure postings for Retail Buildings and Single Tenant Net Lease Properties fell 13 percent to 110.

Many of the miscellaneous buildings are owner-occupied or single-tenant users who have been hurt more than most by the recession.

If you know someone in this position, we have an Investment Group looking to purchase Apartment Buildings. We would gladly look at your Apartment Complex or Triple Net Lease Properties for a purchase.
If you are a owner of an Apartment Complex and you would like to refinance, contact us HERE for a Non-Recourse Loan.

1031 Exchange, Tax Deferred Exchange Information

1031 Exchange - Tax Deferred Exchange - Asset Preservation

A 1031 exchange, also known as a tax deferred exchange is a strategy and method for selling a property, that's qualified, and then proceeding with an acquisition of another property (also qualified) within a specific time frame. The logistics and process of selling a property and then buying another property are practically identical to any standardized sale and buying situation, a "1031 exchange" is unique because the entire transaction is treated as an exchange and not just as a simple sale. It is this difference between "exchanging" and not simply buying and selling which, in the end, allows the taxpayer(s) to qualify for a deferred gain treatment. So to say it in simple terms, sales are taxable with the IRS and 1031 exchanges are not. The 1031 Exchange works great for example if you are selling a McDonald's or Walgreen's and you trade up to 2-3 Burger Kings, Walgreen's, CVS site or a Walmart site.
Look at: US CODE: Title 26, §1031. Exchange of Property Held for Productive Use or Investment

Most buyers and sellers of Commercial Real Estate look at 1031 exchanges as an option as they consider their investment agenda. They figure that they defer paying state and federal capital gains taxes and depreciation recapture until they die and their estate goes to their spouse, charity or their children. They may also be able to hold off the alternative minimum tax that might sneak up on them if they were to sell a Commercial Property.

Contact us HERE if you are in need of a qualified intermediary for your 1031 Exchange.
We can also help you with any Commercial Real Estate Mortgage you may need if moving up to a larger Triple Net Lease Property or other Commercial Real Estate.

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.