Recent Closings - Triple Net 1031 Exchange Deals

We are pleased to announce the following recent closings: NNN Florida Walgreens: $8,662,371 - Sourced off-market deal through developer and broker network. Record setting cap rate of 4.85%. All cash transaction with 1031 exchange buyer.

Triple Net CVS: $6,450,000 - Low leverage 1031 exchange buyer. 24 years left on absolute net lease - 5.32% cap rate. Solid midwest location.

Net Leased Dollar General: ~ $1MM - high cap rate deal 8%+ with 7+ years on NN lease. Growing SE US location.

For more details or help on your NNN 1031 exchange, give us a ring at 1-866-539-1777.

CVS NNN For Sale

CVS NNN For Sale - Available NNN deals

NET LEASED PROPERTIES for saleCVS NNN deals continue to be in hot demand. Long term net leases of 20 or more years with a solid credit rated and no landlord responsibilities. CVS NNN make great 1031 Exchange replacement properties.

Here is a quick list of CVS NNN properties for sale that have been of interest to our NNN clients and may be of interest to as well.

CVS NNN Properties For Sale

CVS NNN Memphis For Sale

CVS NNN FL For Sale

CVS NNN TX For Sale

CVS NNN FL For Sale 2

Call 1-970-618-4086 for more info on these CVS NNN Properties For Sale.

TMO sells $12M Walgreens Property

In mid August, TMO represented the buyer of a northern California NNN Walgreens property. The property sold for $12,184,846 and is leased on an absolute triple net basis to Walgreens (Ticker: WAG) on a 75 year lease with 24 firm years remaining.  The buyer was a privately held real estate investment company from New York who was in a 1031 Exchange.  The seller was represented by Capital Pacific's San Francisco office.  The low leverage transaction was financed by Lafayette Life Insurance Company  which was placed by Ed Isola from Isola & Associates.

For further details about the cap rate and financing terms, please contact Thomas Morgan, CCIM via email or toll free at 1-866-539-1777.

Buy a NNN Walgreens

We sell Walgreens throughout the entire U.S.! Ask about a FREE no obligation NNN consultation.
Contact TMO to find out more about the benefits of Walgreens Real Estate Investments.

1.866.539.1777

Walgreens NNN For Sale

walgreensNNN2.jpg

Walgreens real estate remains a highly sought after NNN investment.  Walgreens provide long term stable cash flows usually on an absolute net lease basis with no landlord responsibilities. Walgreens has a S&P credit rating of "A". Here are several NNN Walgreen deals I have come across in my buyer searches over the past few weeks.  Please email or call me at 1.866.539.1777 for additional information on any of these NNN Walgreens for sale.

walgreens NNN for saleWalgreens NNN For Sale Litchfield, IL $4,511,200 6.65% cap rate 14,820 Square Feet, Minutes from Lake Lou Yaeger, Excellent Hard Corner Location with High Visibility, Adjacent to Litchfield Plaza Shopping Center, Irreplaceable Litchfield Location, Adjacent to Hampton Inn and Holiday Inn.

walgreens real estateNNN Walgreens For Sale Hutchinson (Wichita), KS $4,945,000 Price 7.00% cap rate Over Fifteen (15) years remaining on Twenty-Five (25) year NNN lease fully leased and guaranteed by Walgreen Co. (S&P: A),  7.87% Average Yield.

walgreens investmentWalgreens NNN Affluent Westchester County $11,455,000 6.40% cap rate Offered free & clear, but many great loans available,Prime New York Metro real estate, Mature suburb of New York City

walgreens net leasedWalgreens Investment New York, NY $6,538,461 6.50% cap rate Located adjacent to Hartwick College, a prominent private college in the region,Strong credit tenant - Walgreen Co. (S&P A/Stable)

Walgreens NNN PropertyWalgreens NNN For Sale Phoenix Metro $5,500,000 5% cap rate Trophy asset, 10% rental increase every 10%, America's #1 Drug store, Excellent demographic

 

Contact TMO for more details on any of the above Walgreens NNN properties and net leased NNN property deals via email or phone at 1.866.539.1777.

Deals are a sampling of available Walgreen NNN inventory from around the US and are for reference only. Subject photos may not be actual location and are representative of Walgreen locations in general.

NNN for sale - deals of interest

chaseNNNforsale.jpg

During the past few weeks I have been working hard evaluating NNN deals for several NNN buyer clients.  We have looked at many NNN properties for sale across the US.  In the process, I put together this short list of NNN for sale that may be of interest to you as well. Call or email me if you would like for information on these NNN for sale properties.  1.866.539.1777 NNN for saleCHASE NNN for sale in Texas $5,000,000 contact for cap rate The property is 100% leased to JPMorgan Chase Bank, N.A. on a brand new Twenty (20) year lease with Four (4), Five (5) year renewal options. The lease has built-in rental increases of 10% every Five (5) years through the base term and renewal options.

Advance Auto Parts NNN for sale in IL $1,520,400 7.25% cap rate Newly constructed property in 2011, 10% rent escalation in primary term, Long term lease of 15 years Located in primary retail trade area featuring Target, Home Depot and Lowe's

P.F. Chang's Corporate Ground NNN for sale in AZ $2,715,000 contact for cap rate Excellent traffic count - 108,000 vehicles per day on 1 - 10. Close proximity to major National and Regional retailers

Carl’s Jr. NNN for sale in Multiple Location, NV $2,100,000 7% cap rate Long Term 20 years NNN Leases, Rental increase every 5 year, Premier corner, Carl’s JR. is the 4th largest burger chain in America.

Verizon Wireless NNN for sale in SC $5,150,000 8.56%
 cap rate 100% leased to 3 national tenants, Traffic count exceeds 30,000 cares per day, Over 50,000 residents in 3 mile radius.

 

Contact TMO for more details on any of the above passive investments and net leased NNN property deals via email or phone at 1.866.539.1777 or twitter @andrusmorgan

Deals are a sampling of available NNN inventory from around the US and are for reference only.

Passive Investments: 5 Net leased deals that caught my eye

starbucks.jpg

Here are 5 Net leased deals that caught my eye this past week as great passive investments.... Starbucks Weslaco, TX $1,120,000 7.5% "BBB+" Credit Rating, Out parcel to 191,000 SF Ross & Bealls Anchored Center

NNN Strip CenterNNN AT&T Strip Center Raleigh, NC $4,744,800 Colliers International presents for sale the fee simple interest in a retail shopping center, Arco Commons (“Property”), located in Raleigh, North Carolina.

NNN Office BuildingAutoZone Office Building Elk Groove, CA (Sacramento) $15,700,000 6.64% Autozone Net Leased Office Building Guranteed by AutoZone, Inc (NYSE: AZO). S&P Rated BBB investment In Rent Class A Build-to-Suit Completed in 2009. Mission Critical Facilty-Headquarter of ALLDATA,Wholly Owned Subsdiary of Autozone.

AT&T Zachary, LA $19,03,000 8% 10 Year Lease (2011 Construction) 10% Increase Every Five year "A" Standart and Poor Credit Rating

Whirlpool Distribution Building Omaha, NE $2,200,000 8.75% Incredible location in one of Omaha’s top Industrial park’s near 96than L street.

Contact TMO for more details on any of the above passive investments and net leased NNN property deals via email or phone at 1.866.539.1777 or twitter @andrusmorgan

Deals are a sampling of available NNN inventory from around the US and are for reference only.

NET LEASED PROPERTIES for sale

jareds.jpg

These net leased properties caught my eye and would make great investments.  Please contact me for more details:  email or 1.866.539.1777NET LEASED PROPERTIES for sale from around the U.S.

NET LEASED PROPERTIES for saleJared - Galleria of Jewelry net leased NNN property $1,915,789 9.50% cap Baton Rouge, LA New 20 year absolute NNN lease. Zero Landlord responsibilities. Scheduled 10% increase every 5 years.

NET LEASED PROPERTIES for saleLowe's Home Improvement net leased NNN property Dayton MSA, Ohio $12,057,000 6.75% cap The property is 100% leased to Lowe's Home Improvement. As of January 29, 2010, Lowe's Home Improvement had total revenue of more than $47.2 billion, a net income of approximately $1.78 billion and a net worth in excess of $19 billion. Lowe's Home Improvement currently holds an A+ rating with Standard & Poor's.

NET LEASED PROPERTIES for saleCVS Pharmacy Ground Lease net leased NNN property Southwick, MA ( Springfield ) $2,750, 000 6% cap rate New 25 year Absolute NNN Lease. 100% free simple interest. Scheduled 5% rent Increase every 5 year. S&P BBB+ Investment Grade Credit. Hard Corner Location.

CVS packages Tampa, FL $27,939,871 7% cap rate Three-2 store NNN CVS Packages. Both stores must be bought together in each package. Below market financing must be assumed (matures June, 2015)

Contact TMO for more details on any of the following net leased NNN property deals via email or phone at 1.866.539.1777 or twitter @andrusmorgan

Deals are a sampling of available NNN inventory from around the US and are for reference only.

This week's NNN deals

111cover.jpg

TMO has scoured the NNN market this week and has sifted through hundred's of triple net properties. Here are the top five NNN deals worth taking a look at for your triple net investment. Contact TMO for more details on any of the following deals via email or phone at 1.866.539.1777 or twitter @andrusmorgan KFC Quincy, Florida $1,075,900 Cap Rate: 7.25%

Walgreen’s Chicago, IL $7,238,800 Cap Rate: 6.7%

Gold’s Gym Grand Junction, CO $10,825,000 Cap Rate : 8.25% Built in 2007, this 53,640 gym will offer a brand new 15year NNN upon close of escrow, including three 5year options and rental escalations every 5years during the base term and annually during the option periods. One of the highest performing Gold's Gyms in the state if not the country. Located just south of a WalMart Super Center, Sam's Club, Golden Corral Buffet, Office Max and GameStop

Brand New Verizon Wireless Retail Store Jacksonville, FL $1,312,400 Cap Rate: 9.00 % * Strong Tenant Cellular Sales of Knoxville, Inc. has 400+/ Units * Corner Location Opposite Corners are Walgreens, CVS/pharmacy, and Compass Bank * Brand New 10Year Lease with Growing Tenant * Ten Percent Increase Every Five Years

Family Dollar Stores, Inc. Saginaw, Michigan $768,750 Cap Rate : 8.00% * Ten (10) Year NN lease with approximately 5.5 years remaining in base lease term * Four (4), Five (5) year renewal options still in place offering * Attractive 10% rent increases every Five (5) years

Contact TMO for more details on any of the following deals via email or phone at 1.866.539.1777 or twitter @andrusmorgan

Deals are a sampling of available NNN inventory from around the US and are for reference only.

TMO sells another net leased TSC

tractorsupply.jpg

TMO has just closed on the sale of a NNN property in Fayetteville, NC that is net leased to Tractor Supply Company.   The sale price was just over $3.2M nearing an 8% cap rate.  TMO represented the buyer who is a private investor.  The seller was represented by Brad Moulder and Ryan Butler of Stan Johnson Company (fellow CCIM's).

Buy a Tractor Supply NNN Property

The property is leased on an absolute net basis to TSC for another 10 years ensuring a long term passive investment for the owner.  Tractor Supply Company is an operator of retail farm and ranch stores in the United States.  As of December 25, 2010, the Company operated 1,001 retail farm and ranch stores in 44 states and had sales over $3B.

TMO provides clients with passive investment opportunities like this around the U.S.  Net leased properties give investors peace of mind, long term stable cash flows with very low risk.

Contact TMO for a free investment evaluation via email or toll free at 1.866.539.1777

You can see all the pictures of the property on TMO's flickr stream.

TMO sells $2.24M net leased Tractor Supply

tractorsupply.jpg

NNN Net Leased Property TMO is pleased to have represented a private investor in the purchase of a NNN leased Tractor Supply property in Sweetwater, TX.  The all cash transaction closed in under 30 days for $2,242,500 at a cap rate of 8%.

Buy a Tractor Supply NNN Property

"Tractor Supply (TSCO) is a great reliable tenant with a solid business model which provides my client with peace of mind for years to come." says Thomas Morgan, CCIM.  "TSC's may be in smaller markets but that is where their customers are and they serve the rural farming towns perfectly.  Compared to a NNN Walgreens or fast food NNN investment, TSC's have a lot of residual value in the real estate as they are on large lots, usually 4-5 acres and have decent size buildings of around 20,000 sf built of block."

Lior Regenstreif of Marcus Millichap represented the Seller.

Let's Make a Deal! - Client looking to trade free and clear assets

Let's Make a Deal! Client looking to trade free and clear assets for income property anywhere in US

trade real estateClient looking to make creative deal and juggle his portfolio.  He has the following assets and is willing to trade any or all of them for or as a downpayment into income property with a cap rate of 8% or better.  His firm has excellent credit and is willing to put new loans in place if required. Owner carry property is preferred or loan assumptions are OK. He will consider ALL states. He does not want to exceed 60% LTV, so his trade has to be close to 40% down payment.  He will go into apartments, rental houses, office buildings, strip centers, mobile home parks--no motels or restaurants.

Assets to Trade:

  1. free and clear Clovis,NM leased building (listed at $250,000)
  2. 7  free and clear improved lots in Lake Whitney Tx (listed at current value of $95,000)
  3. Two luxury home lots in Riverview Estates, Spokane,WA:  free and clear $150,000 each($300,000 total)
  4. Tenant in common Interest in 400 plus unit apartment building in Houston,TX  Value $410,0000  (in good standing and performing)
  5. Tenant in Common Interest in High quality office building Minneapolis,MN Value: $335,000 (in good standing/performing)
  6. Luxury Home Cave Creek,. AZ- Price lowered to $1,375,000 free and clear  (will consider trading up  or down on this asset)

Let's Make a Deal!  Contact TMO via email or at 1.866.539.1777