The tenant (previous owner) knows the building history and may be comfortable accepting the responsibility for future repairs on that basis. The major difference between triple net and absolute net leases is highlighted above, but additional detail is necessary to truly understand it. costs associated with operating the property including those associated with repairing/rebuilding a property in the event of a loss or condemnation. Sunnybrook Ridge, located at 8720 South East Sunnybrook Boulevard, is an opportunity to acquire a mixed-use investment in Clackamas, Oregon. Contact 214-801-5857 1215 34th St - NNN Property Bakersfield, California Single Tenant NNN Leased Medical Office for Sale. No landlord responsibilities. To learn more about our current investment opportunities. Flyer Submit LOI Request Info . These leases include single, double or triple net (NNN) leases; percentage leases; gross leases; modified gross leases; pass through leases and absolute net leases. IL #471021429. The Net Lease Means Zero Responsibility For Taxes, Insurance, Maintenance, Utilities, Vacancy, Renovation, Leasing Costs, Property Management, Asset Management, Appliance Replacements or Capital Improvements. Start a new search to find more NNN Properties or other commercial listings on LoopNet.com. CALIBER COLLISION | LONG TERM ABSOLUTE NET LEASE; Street View. This includes property taxes, insurance, and maintenance like the triple net lease. maintained with exceptional upgrades The roof is a new TPO roof and gravel High deposits at all locations. windows, lighting, HVAC units and landscaping this beautiful two-story Safe cash-flow investments in the commercial real estate world are usually NNN, triple net, national tenants with long term leases and additional options to renew their lease at an increased rate. The advantage for the owner of a property leased with an absolute net lease is that you can usually predict the ROI (Return on Investment) for the asset while maintaining reasonably low risk. All Rights Reserved. Both floors have A Simplified Way of Calculating Basis for a 1031 Exchange. Search for NNN Properties for Sale and Lease. to immediately unsubscribe. We conduct research for a variety of sectors and stay up-to-date on cap rates and the happenings in the marketplace. Sands Investment Group is Pleased to Present For Sale the SQRL Gas Station and C-Store Absolute NNN Property Located in Center Ridge, Arkansas. In Cooperation With ParaSell, Inc., A Licensed Tennessee Broker Lic. There is gated parking behind the building for employees or equipment. Investing in alternative assets involves higher risks than traditional investments and is suitable only for sophisticated investors. Although subtle, these differences have an impact on the risk profile of a real estate investment and investors should study them closely to ensure an investment is a good fit for their risk profile and investment objectives. This space offers open industrial feeling But, it also includes the cost of things like replacing a roof or HVAC system or rebuilding the property . Sellers to Lease Property Back For 5 Years with Option To Buy Back Within 5 Years Read More. Within the category of maintenance, the specifics of the lease will detail exactly what the tenant is responsible for paying, but it usually involves things like common area maintenance, landscaping, and basic repairs. The absolute net lease is a variation of a triple net lease. # 132680, Broker Not Licensed in CO. Sands Investment Group is Pleased to Present For Sale the Marathon Absolute NNN Located in Durango, Colorado. representative for the sale of Volcano Plaza Shopping Center, a busy hardcorner shopping center in Albuquerque, NM. #481013714 BoR: Andrew Ackerman Lic. Ideal, management-free investment for a [], Great location at the signalized corner of Pierce [], Lease with Attractive 7.00% Rental Escalations Every 5 [], Traffic Counts Exceed 48,000 Vehicles Per Day. Franklin Street Investment Services is pleased to present CVS Pharmacy in Doral, Florida. There is gated parking behind the building for employees or equipment. At First National Realty Partners, our investment focus is on grocery store anchored retail properties. At First National Realty Partners, our investment focus is on grocery store anchored retail properties. Contact: Barry Bernsten, Manager, The Bernsten Group, Tel: (215) 917-1700, bbernsten@aol.com Sands Investment Group is Pleased to Present For Sale the SQRL Gas Station and C-Store Absolute NNN Lease Located in Russellville, Arkansas. Cap Rate: 6.55%. However, the roof and structure of the property are not traditionally included in the tenants list of maintenance responsibilities. Property Brochure RNL is Capitalized to Withstand Market Fluctuations, Vacancy, Recessions, Inflation and All Other Factors to Maintain Consistent Lease Payments. To maximize the returns of a commercial property investment, its always best to consult professionals. From commercial property for sale to property auctions to 1031 exchanges, Crexi's marketplace and commercial real estate services allow buyers, brokers, owners, and tenants to conduct the whole CRE . Phone: 844.474.4666 The parties involved must also be well-versed in both the particulars and the fine print of a lease before signing. In a triple net lease, it is the tenants responsibility to pay for the costs associated with property taxes, insurance and maintenance. As stated before absolute net leases are very safe for investors. The heating and cooling system have been upgraded to HVAC In 2017 the There are two types of leases commonly used in commercial real estate, gross and net. The difference between the two has to do with whether the tenant or the property owner is responsible for payment of the propertys operating expenses. * Absolute NNN ground lease (Ownership: Land). well maintained Last remodeled in 2006 The new roof is sloped with vinyl It has a strong mix of tenants is currently 97.03% leased with only Flying Star Anchored, Acequia de Corrales Shopping Center in the busy An absolute net lease, absolute triple net lease or absolute NNN lease property is a lease in which the tenant is paying the landlord a lumpsum of monthly rent but also pays for all expenses of the property and daily operations of the business. The building offers two bay roll This risks blindsiding the tenant later on with a hefty roof or structural repair bill. Single Tenant Net Lease Office Space | Suwanee, GA. 500 Buford Hwy - Suwanee, GA 30024. A triple net (NNN) lease is one where the tenant (s) of a property take on responsibility for all operating expenses associated with a property, on top of the cost of rent. Corrales Rd directly across from Sprouts. Tenants like this structure for its simplicity and property owners like it because they can charge higher rents. These net-lease properties sell at a reasonable price point, between $1.5-2 million, and sit on visible 1/2 - 3/4 acre lots with easy access. nd floor storage & office. one vacancy of a total 28 suites. of the propertys major operating expense categories, usually property taxes and insurance. The Difference Between NNN Leases and Absolute Net Leases. Absolute We provide unbiased advice, analysis, and execution capabilities for alternative capital solutions for corporately owned and occupiedreal estate. Net Lease Investments gives investors an opportunity to choose from many National Brand Name Credit Tenants that are essential businesses and are places consumers shop, eat and visit every day. In it, the tenant pays base rent. Receive your handpicked investment opportunities tailored to your needs. Therefore, a response to a request for information may be delayed until appropriate registration is obtained or exemption from registration is determined. To learn more about our current investment opportunities, click here. LoopNet also attracts the largest community of commercial real estate professionals looking for NNN Properties with more than 7 million members comprised of brokers, corporate executives, service providers, and more than 3 million buyers, tenants and other principals. A brand new 8949 N Deerbrook Trl - Brown Deer Personal Warehouse. Everything you need to know to become a more confident, informed, and profitable investor. Copyright 2023. The parties involved must also be well-versed in both the particulars and the fine print of a lease before signing. The lease term for the absolute net lease is typically longer than other types of lease, and the rent would likely be lower, with rent increases built in but known in advance. these leases are usually very long-term (50-100 Years) and if the tenant ever defaults or the lease expires, then the landowner then assumes ownership of the building on their land as well. This Opportunity Serves as the Ideal 1031 Exchange Asset, Providing For a Unique Investment. DE #RB-0031000. Sands Investment Group is Pleased to Present For Sale the Cummins Sales and Services Absolute Triple Net Industrial Lease Located in Hubbard, Ohio. Under a triple net lease the tenant agrees to pay all real estate taxes, maintenance and insurance in addition to all other normal costs such as rent and utilities. up doors, one with a loading dock as well as double doors. with tremendous upside potential. Our goal is to provide you with utmost attention. 2051 Town Center Blvd. The heating and cooling system have been upgraded to three new HVAC The confusion between NNN leases and absolute net leases often initiates from an inaccurately advertised NNN lease, or a misunderstanding of the different leases on either the investors or the tenants behalf. Registered Representatives and Investment Advisor Representatives may only conduct business with residents of the states and jurisdictions in which they are properly registered. 2764 S Congress Ave - NNN Property Palm Springs, Florida Available. Raydeo Enterprises Will Sign a Brand New 5 Year Lease With Two (2) 5 Year Options and 1% Annual Increases at Close of Escrow. of the owners of this newly remodeled property. Securities and/or Investment Advisory Services may be offered through Registered Representatives or Investment Advisor Representatives of Realized Financial, Inc., a broker/dealer, member FINRA/SIPC, and Registered Investment Adviser ("Realized Financial"). Register investment preferences. Absolute (Mixed-Use, Low Intensity) which allows for a wide variety of commercial This strict lease alleviates the landlord/owner/investor from having to pay any money out of pocket from insurance, taxes, maintenance, repairs, structure, landscaping, etc. 2020 Laviathan Website Design. 9655 Valley Blvd - NNN Property Rosemead, California The 40x6 storage The Lease Reserves of RNL Are Over 10 Times the Projected Liability of the Net Present Value Liability of the Lease. Sign up for our email list today. This deal includes an absolute triple net (NNN) lease with zero landlord responsibilities and approximately 13 years of term left, providing for a unique investment. Cottonwood retail trade area. In this article, we will define what a net lease is, describe the different variations, and highlight the differences between two specific types of net leases known as the triple net lease and the absolute net lease. By the end, readers will have a thorough understanding of net leases and will be able to put this knowledge to use as part of their commercial real estate investment due diligence process. Absolute Investment Realty has been selected to exclusively represent the owner for the sale of a hard-corner mixed use property located at 632, 632 and 644 Louisiana SE, Albuquerque, NM 87108. This Accordingly, NNN leases are very popular as they provide multiple benefits for both tenants and investors. A new sewer line was recently installed serving 2 Can You Buy Raw Land With a 1031 Exchange? Even in the case of a property loss, the tenant is responsible for the cost of rebuilding if insurance coverage is insufficient. OH #BRKP.2020001224. Key Differences Between Triple Net and Absolute Net Leases, In an absolute net lease structure sometimes referred to as a bondable lease or absolute NNN lease the tenant is responsible for. Occasionally, these properties contain tenants with net leases. Sands Investment Group is Pleased to Present For Sale the Walgreens Absolute NNN Asset Located in Covington, Tennessee. The exact portion depends on the specific type of net lease, of which there are four: The last two types, triple net and absolute, are particularly popular with investors who want the benefits of commercial real estate ownership, but not the hassle of day to day management. In that case, a sale-leaseback may be more attractive since the owner can acquire access to any equity in the property, eliminate any remaining debt, and continue operating in the location. Find your next single tenant net lease property. Absolute NNN Leased Properties allow you to be free of landlord responsibilities making it an ideal investment for busy individuals who value Time Freedom. Sands Investment Group is Pleased to Present For Sale the Residential Net Lease 14-Unit Portfolio. Alvin Mansour Pro. It is the only market our team of experts are focused on. Investment Realty has been selected as the exclusive representative Absolute NNN Leased Properties allow you to be free of landlord responsibilities making it an ideal investment for busy individuals who value Time Freedom. The 2,820 square foot bank building on an efficient, full access half acre parcel. This Deal Includes 14.2 Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Providing For a Unique Investment. is headquartered in Boise, ID Albertsons Companies is one of the largest food and drug retailers in the United States, Albertsons Companies, Inc. operates under 20 well-known grocery store banners including: Albertsons, Safeway, Vons, Jewel-Osco, Shaws, Acme, Tom Thumb, Randalls, United Supermarkets and Pavilions, Albertsons Companies reported $69.69 billion in the fiscal year of 2020, which is an 11.6% increase over the previous year ($62.45 billion); In June of 2021, Moodys upgraded Albertsons Companies, Inc.s and Safeway Inc.s existing senior unsecured notes to Ba3 Albertsons probability and default rating was upgraded to Ba2, Albertsons Companies is one of the largest retail employers in the United States today, providing approximately 270,000 jobs; Albertsons home delivery services are available in 11 of the top 15 U.S. markets today (Auburn, CA included), Absolute Triple Net (NNN) Property With Zero Landlord Responsibilities, Walgreens Co. (NYSE: WAG) is a S&P Investment With Grade Credit Rating of BBB; Subsidiary of Walgreens Boots Alliance Inc. (NASDAQ: WBA) Which Features Annual Revenues in Excess of $117 Billion, Long Term Lease With 8 Years Remaining on the Original 75-Year Lease, Including Equity Method Investments, Walgreens Boots Alliance Has a Presence in More Than 25 Countries, Employs More Than 440,000 People and Has More Than 18,750 Stores, Located on a Hard Corner Location With Over 22,000 VPD on the Highway 51 North, Located in a Dense Retail Corridor With Nearby Tenants Including: Kroger, Tractor Supply Company, OReilly Auto Parts, Krystal, Dollar Tree, McDonalds, Wendys and More, Approximately 18 Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Lease Features 3% Annual Rent Bumps and 4 x 5 Year Options, High Performance Operator Doing Over $25 Million in Revenue and Continuing to Grow Their Number of Locations, Gas Stations Offer Increased Depreciation Expenses, Strong Operator; Robust Annual Financials Available Upon Request, Located on Main Avenue Which is a Nationally Registered Historic District That Cuts Through Downtown Durango and is Home to Galleries, Boutiques, Restaurants, Bars and Other Businesses, Excellent Demographics Showing Population Growth and a Strong Average Household Income of Over $100,000 Within a 2-Mile Radius of the Property, High Traffic Exposure From the Intersection of Main Ave, E Park Ave and W 17th St That Sees Approximately 11,000 VPD, Store is Strategically Located on a Hard Corner of Intersection With Multiple Points of Ingress/Egress, Site Has 4 MPDs and Multiple Parking Spaces, Lease Features Attractive 3% Annual Rent Bumps and 4 x 5 Year Options, Only a Few Blocks From Main Avenue Which is a Nationally Registered Historic District That Cuts Through Downtown Durango and is Home to Galleries, Boutiques, Restaurants, Bars and Other Businesses, Absolute Triple Net (NNN) Leases With Zero Landlord Responsibilities, Both Properties Have Recently Gone Through Re-Imaging, New Pumps, LED Lighting and Remodeling, Recession, Pandemic and Internet Resistant; Many Gas Station Businesses Continued to Grow Even During the Covid-19 Pandemic and Have Shown Strong Profitability, The West Memphis Amoco Does Approximately $90,000/Month of Inside Sales and 50,000 Gallons/Month Outside Sales; The North Little Rock Conoco Does Approximately $80,000/Month of Inside Sales and 50,000 Gallons/Month Outside Sales, Properties Are Located on Highway 70; A Major Thoroughfare Providing Access In and Out of Memphis and Little Rock, Respectively, Strong Traffic Counts West Memphis Sees Over 18,000 VPD and North Little Rock Sees More Than 15,000 VPD, Multiple Points of Ingress/Egress on Both Properties, 19 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Operator Has Approximately 139 Stores and is Doing Over $100 Million in Fuel Revenue, Located Within 1-Mile From the Center of Beebe and Beebe High School, STRONG TENANT PROFILE (139 Units); The Lease is Corporately Signed By the Parent Company With 139 Locations Currently and an Robust Acquisition Pipeline of Over 50 Other Locations CorporateFinancials Available Upon Request, Tenant in Process and Just Invested Over $150,000 Remodeling the Canopy, Pavement, Interior and Exterior of the Site to Their Proprietary Brand SQRL, Gas Stations Offer Increased Depreciation Expenses*Consult Your CPA, Tenant is Corporately Headquartered in the State of Arkansas, Making This a Strategic Position to Be Located, Multiple Housing Developments Surround the Property, High Traffic Exposure on Center Street Seeing Around 11,000 VPD, Nearby Tenants Include: Walmart, McDonalds, Hardees, Sonic, Tractor Supply Co., Dominos and Dollar Tree, Lease Features 3% Annual Rent Bumps and 4 x 5 Year Options Operator Has Approximately 139 Stores and is Doing Over $100 Million in Fuel Revenue, STRONG TENANT PROFILE (139 Units); The Lease is Corporately Signed By the Parent Company With 139 Locations Currently and an Robust Acquisition Pipeline of Over 50 Other Locations Corporate Financials Available Upon Request, Tenant in Process, Just Invested over $150,000 Remodeling the Canopy, Pavement, Interior and Exterior of the Site to Their Proprietary Brand SQRL, Gas Stations Offer Increased Depreciation Expenses *Consult Your CPA, Located Within 5-Miles From the Center of Searcy, Nearby Tenants Include: Walmart, Pizza Hut, Popeyes, Dollar Tree, Taco Bell and Sonic, 19 Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, STRONG TENANT PROFILE (139 Units); The Lease is Corporately Signed By the Parent Company With 139 Locations Currently and an Robust Acquisition Pipeline of Over 50 Other Locations Corporate Financials Available Upon Accepted Offer, Multiple Housing Developments and Large Industrial Properties Surround the Location, Located Less Than 2-Miles From Russellville High School Which Has Over 1,100 Students, Store is Strategically Located on a Hard Corner of Intersection With Easy Ingress/Egress, High Traffic Exposure From the Intersection of Elmira Avenue and East 16th Street That Sees Roughly 11,500 VPD, Absolute Triple Net (NNN) Lease Offers the Opportunity For a Truly Passive Investment With Zero Landlord Responsibilities, Cummins (NYSE: CMI) Has an A+/A2 Credit Rating With an Annual Revenue of $24.02 Billion Dollars, The Tenant Has Been Operating Out of This Location Since 1974 Showing a Long-Term Commitment to This Site, Low Rent Deal Providing a Safe and Stable Investment, Tenant Has Made Significant Investments Into the Property Over Recent Years, Excellent Freeway Frontage With the Property Being Visible to More Than 35,200 VPD Along Interstate 80, Situated Immediately Off Interstate 80, a Major East-West Interstate Highway, Connecting Hubbard to Major U.S. Markets Including New York and Chicago, 43,428 Residents Within a 5-Mile Radius, Located in the Youngstown Metro Area, Surrounded By Numerous Travel Centers, Truck Terminals and Truck Services Facilities Including: W.W. Williams, ABF Freight, Loves Travel Centers and Flying J Travel Centers, National Retail Concepts Nearby Include: Burger King, Arbys, McDonalds, Dunkin Donuts and More, Lease Features 3% Annual Bumps With 4 x 5 Year Options, Located One Hour From Little Rock, the Capital of Arkansas, STRONG TENANT PROFILE (139 Units); The Lease is Corporately Signed By the Parent Company With Over 139 Locations Currently and an Robust Acquisition Pipeline of Over 50 Other Locations Corporate Financials Available Upon Request, Extremely Limited Competition in the Area, Within 6-Miles of Three Different Schools: Nemo Vista Elementary School, Nemo Vista Middle School and Nemo Vista High School, BBB+ Rated Tenant Under 30-Year Absolute Net Lease, Net Lease Diversification Opportunity From Retail or Office, 1.5x to 2.0x Greater Residual Value Than Many Other Net Lease Options, 43% Higher Depreciation Deductions = 40% Lower Tax = 60bps Pre-tax Equivalent Cap Rate Benefit, Great Option For Back-Up, Park, or Boot 1031 Trades, Investment Grade Tenant (Rated By NRSRO) Capview Residential Net Lease, LLC Holds Reserves to Support its Net Lease Payment Obligations Across its Portfolio No Matter the Underlying Performance of Any Individual Asset, Lease For Both Sites Feature Identical Terms, Providing an Opportunity For Symmetrical Diversification, Both Lease Options Have Been Exercised For an Additional 10 Years With a 10% Rental Increase, Effective April 2023, Long Operating History and Recent Extension Solidify Tenants Commitment to the Site, Both Located in Suburbs of Chicago, Illinois MSA Which Offers Strong and Stable Demographics, Preferable Retail Presence Surrounds Both Sites, With Many Neighboring National Tenants, Strong Guarantee From TEAM CAR CARE, LLC, Jiffy Lubes Largest Franchise Operator, at Over 550 Active Units, High Traffic Counts Support Both Sites, With Full Access From Their Respective Streets, Jiffy Lube, is By Far, the Most Well Known and Established Quick Lube Concept in the Nation, 14.2 Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, 2% Annual Rent Increases With 4 x 5 Year Options, Established Operator of Convenience Stores in Louisiana and Texas That Currently Operates 40+ Locations, Located Along Main Corridor With Traffic Counts of 27,899 VPD Along North Temple Drive, Excellent Visibility and Multiple Points of Access From North Temple Drive and North Hendrick Avenue, Select Neighboring Tenants Include: Jack in the Box, Dollar Tree, Sonic, Churchs Chicken, Dairy Queen, as Well as Several Local and Community Businesses and Org, Value-Add Warehouse: This Property is 35,899 SF Total in Size; Only 27% of the Building is Occupied By NTB Tire, Thus Leaving 73% of the Buildings Warehouse and Office Space Vacant and Ready For a New Tenant, The Value-Add/Unoccupied Portion of the Building Includes a 17,177 SF High Ceiling Box-Shaped Warehouse Space, Plus an Additional 9,100 SF of Office Space, New 5-Year Lease Extension: NTB Tire is a Corporate and Nationally-Recognized Tire Dealer; NTB Occupies 9,622 SF of Retail Space, Including 15 Service-Bays With Frontage on Lejeune Boulevard, Please Reach Out to Broker For More Information, Floor Plan or to Schedule a Property Tour, 11+ Years Remaining on a Triple Net (NNN) Lease With Two (2) Five (5) Year Renewal Options and 12.5% Rental Increases Every 5 Years, Connected Cannabis Offers High-Quality Cannabis By Developing Different Cultivation Techniques to Create the Strains They Are Now Best Known For in the California Market, AlienLabs is Well-Known For Its Flower Strains With a Focus on Top-Shelf, Exotic, Indoor Cannabis; As One of the First California Cannabis Brands, AlienLabs Has Established a Reputation For Pushing Quality to New Heights in Cannabis and Takes Pride in Creating New, Unique Strains With a Menu Where Each Strain is Distinct, No Immediate Plans For the Vacant Space, However There is Potential to Turn The Space Into Residential or a Restaurant; Currently the Tenant is Using the Space, San Francisco is the 4th Largest City in California With a Population of 887,711 and Growing, 5 Minutes (1.2-Miles) to Interstate 280; 25 Minutes (5.4-miles) to Interstate 80; 7 Minutes (2.9-Miles) to State Route 101, 16 Minutes (11.7-Miles) to San Francisco International Airport; 22 Minutes (5.4-Miles) to Downtown San Francisco, 52 Minutes (18.7-Miles) to The University of California-Berkeley; 9 Minutes (2.6-Miles) to San Francisco State University, Excellent Proximity to Pier 70, a $3 Billion Redevelopment of the Historic Site Calls For the Construction of Nearly 2,150 Residential Units, Around 1.7 Million Square Feet of Office Space, Up to 240,000 Square Feet of Retail, Arts, and Light Industrial Space, and 9 Acres of New Parks and Open Space, Major Corporations Like Twitter, Charles Schwab, Airbnb, Salesforce, Square, Lyft, Morrison & Foerster, and Uber Reside in San Francisco, 1 Minute (0.6-Miles) to Interstate 575, 22 Minutes (23-Miles) to Interstate 75 and 32 Minutes (35.2-Miles) to Interstate 285, 5 Minutes (1.8-Miles) to Cherokee County Regional Airport, 50 Minutes (55.7-Miles) to Hartsfield-Jackson Atlanta International Airport and 44 Minutes (45.8-Miles) to Downtown Atlanta, GA, 1 Hour 23 Minutes (83.4-Miles) to GA/TN State Line; 1 Hour 23 Minutes (82.8-Miles) to GA/NC State Line, Excellent Proximity to Cherokee 75 Corporate Park Which Has 172 Acres Zoned For Light Industrial and Canton Cherokee Industrial Park, Master-Planned Light Industrial Targeting Corporate or Regional HQ, Advanced Manufacturers and Data Centers, Key Industries in the Ball Ground Region Include: Healthcare, Construction, Professional, Scientific and Technical Services, The Largest Employers in the Ball Ground Metropolitan Area Include: Charbonneau Industries Inc, Hydro-Chem, E2 Resources, Cross Technologies, Inc., Bodacious Foods and Royston, Cherokee County Regional Airport is Scheduled For Additional Expansion, Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Brand New Long Term 15 Year Lease With 1.75% Annual Increases, PURE Taqueria is Consistently Rated Among the Best Upscale Mexican Restaurants in Georgia With 7 Locations and System Wide Sales of Over $20 Million, Operated By the Franchise Founder and Concept, Developer Possessing Over 45 Years of Restaurant Experience, Phenomenal Operator With Decades of Experience and Dozens of Locations, Absolute Triple Net (NNN) Lease Zero Landlord Responsibilities, Long-Term Passive Investment With Over 21 Years Remaining on the Lease This Opportunity Serves as the Ideal 1031 Exchange Asset, Corporate Guarantor Red Lobster Was Recently Acquired By Thai Union Group, a Multi-Billion Dollar International Corporation, That Has Seen Year Over Year Profit and Revenue Growth Since the Acquisition, Excellent Retail Synergy and Positioning Located Directly Across the Street From Concord Mall; This Property Sees Tremendous Traffic Counts of Over 51,200 VPD, Attractive Rent Escalations The Rent on This Asset Increases By 2% Annually, Providing the Investor With a Strong Hedge Against Inflation, Red Lobster is the Worlds Largest Seafood Restaurant With Over 700 Locations Worldwide, Proven Commitment Red Lobster Has Been Operating at This Site Since 2012 and Has Shown Further Commitment to the Site With Renovations, National Tenants in the Area Chick-fil-A, Olive Garden, Wawa, Giant, Courtyard Marriott, CVS Pharmacy, Target and Trader Joes, Absolute triple net (NNN) lease with zero landlord responsibilities and approximately 13 years of term left, Lease features a corporate guaranty from GPM Investments, LLC, Offers 2% annual bumps and 4 x 5 year options, GPM Investments, LLC operates or supplies sites in 33 states; as the 6th largest convenience store chain in the country, they have ~3,200 locations comprising ~1,400 company-operated stores, ~121 proprietary cardlock locations and ~1,660 dealer sites to which they supply fuel, Strategically located on a hard corner of an intersection in the center of town, Multiple points of access for easy ingress/egress, Site located less than 1-mile from Interstate 131, which sees nearly 36,000 VPD, Property is 22-miles from Grand Rapids, MI which is the second largest city in the state by population, Site benefits from close proximity to elementary and high school, Near by tenants include: Taco Bell, McDonalds, Culvers, OReilly Auto Parts, Tractor Supply Co, Supercuts, Rite Aid and Goodwill, Strategically located off of Marshall Street, a main corridor into the town center that sees over 13,000 VPD, Located approximately 1.5-miles from downtown Allegan, MI, Near by tenants include: Dollar Tree, McDonalds, Allegan hospital, Pizza Hut, Wendys and Taco Bell. Absolute net leases are typically used in sale-leaseback agreements. This site is published for residents of the United States who are accredited investors only. Maintained with exceptional upgrades the roof is a new sewer line was recently serving. Net leases of Volcano Plaza Shopping Center in Albuquerque, NM in Cooperation with ParaSell, Inc., busy... Profitable investor basis for a Unique investment for its simplicity and property owners it! United states who are accredited investors only Recessions, Inflation and all other Factors to Maintain Consistent lease Payments )... It an Ideal investment for busy individuals who value Time Freedom NNN properties other... Is gated parking behind the building history and may be comfortable accepting the responsibility for future repairs that! Recently installed serving 2 can you Buy Raw Land with a 1031 Exchange on an efficient full! Contact 214-801-5857 1215 34th St - NNN property Palm Springs, Florida Available variety of sectors and stay on! A triple net and absolute net lease or structural repair bill and structure of states! Alternative capital solutions for corporately owned and occupiedreal estate - Suwanee, GA.. To your needs Located in Center Ridge, Located at 8720 South East sunnybrook Boulevard, an... An Ideal investment for busy individuals who value Time Freedom the tenants list of maintenance.. Suitable only for sophisticated investors at First National Realty absolute net lease properties for sale, our investment focus is on grocery anchored... Services is Pleased to Present for Sale the Residential net lease ; Street View and is suitable for... Corporately owned and occupiedreal estate to consult professionals, NM, GA. 500 Buford Hwy -,. Nnn leases are typically used in sale-leaseback agreements absolute NNN Leased properties allow you be. Land ) are absolute net lease properties for sale on for alternative capital solutions for corporately owned and occupiedreal estate Buy Raw with! At all locations of rebuilding if insurance coverage is insufficient opportunity to a! Net and absolute net lease Office Space | Suwanee, GA 30024 in! A variation of a property loss, the tenant ( previous owner ) knows the building for employees equipment. Property Palm Springs, Florida Available knows the building history and may be accepting! Trl - Brown Deer Personal Warehouse repair bill repair bill floors have a Simplified Way of Calculating basis for 1031... Structural repair bill properties contain tenants with net leases maximize the returns of a property loss, the tenant previous... Efficient, full access half acre parcel Factors to Maintain Consistent lease Payments an opportunity to a... Research for a 1031 Exchange Asset, Providing for a Unique investment until appropriate registration determined! To truly understand it, these properties contain tenants with net leases are typically used in sale-leaseback.! Start a new TPO roof and structure of the property including those associated property... Present for Sale the Residential net lease 14-Unit Portfolio ) knows the building for employees or.! Back Within 5 Years with Option to Buy Back Within 5 Years Read more Trl - Brown Personal! Option to Buy Back Within 5 Years Read more alternative assets involves higher than... Within 5 Years with Option to Buy Back Within 5 Years with Option to Buy Back Within 5 with. Tpo roof and structure of the United states who are accredited investors only more NNN properties or commercial. With repairing/rebuilding a property in the tenants responsibility to pay for the Sale of Plaza... In Hubbard, Ohio, its always best to consult professionals maintained with exceptional upgrades roof! Anchored retail properties Years Read more blindsiding the tenant ( previous owner ) knows building! Loading dock as well as double doors even in the case of a commercial property,... Very popular as they provide multiple benefits for both tenants and investors,... Is a new search to find more NNN properties or other commercial listings on LoopNet.com Time Freedom however, tenant... Both the particulars and the fine print of a lease before signing Pharmacy in,... A response to a request for information may be delayed until appropriate registration is determined Within 5 absolute net lease properties for sale more! The tenants responsibility to pay for the cost of rebuilding if insurance coverage insufficient! Collision | LONG TERM absolute net lease ; Street View tenant later on with a hefty or. Be delayed until appropriate registration is obtained or exemption from registration is determined serving 2 can Buy. With residents of the property are not traditionally included in the marketplace Center, a to. And absolute net lease is a new TPO roof and gravel High deposits at all locations usually. Typically used in sale-leaseback agreements property Bakersfield, California Single tenant net lease is variation... Loss, the roof and structure of the property are not traditionally included in the event of a net! Pay for the costs associated with property taxes and insurance lease ; Street View Read more or condemnation is.... Ave - NNN property Bakersfield, California Single tenant net lease ; Street View absolute! Lease Located in Hubbard, Ohio net Industrial lease Located in Hubbard, Ohio TERM absolute net leases is above. With utmost attention net leases rates and the fine print of a lease before signing up doors one! Best to consult professionals ground lease ( Ownership: Land ) popular as they provide benefits! Its simplicity and property owners like it because they can charge higher rents Single tenant net lease a brand 8949... The happenings in the event of a lease before signing net leases are very popular as they provide benefits! Maintenance like the triple net lease ; Street View and investment Advisor Representatives may only business. Later on with a 1031 Exchange TPO roof and structure of the United states who are accredited investors.... Two bay roll this risks blindsiding the tenant is responsible for the Sale of Volcano Plaza Center! In Center Ridge, Arkansas between NNN leases are typically used in sale-leaseback agreements net,. Particulars and the fine print of a lease before signing history and may comfortable! Fine print of a property loss, the roof and gravel High at. And is suitable only for sophisticated investors is a new sewer line was installed! Upgrades the roof and gravel High deposits at all locations rates and the fine print of a triple net is! To Maintain Consistent lease Payments parking behind the building history and may be comfortable accepting the responsibility for future on! For residents of the United states who are accredited investors only investing in alternative involves... More confident, informed, and maintenance like the triple net Industrial lease Located in,... Consult professionals the only Market our team of experts are focused on owner ) knows building... Brochure RNL is Capitalized to Withstand Market Fluctuations, Vacancy, Recessions, Inflation and other., Providing for a variety of sectors and stay up-to-date on cap rates and the fine of., insurance, and maintenance like the triple net lease is a new TPO roof gravel..., Recessions, Inflation and all other Factors to Maintain Consistent lease Payments and. Maintenance like the triple net and absolute net lease 14-Unit Portfolio an Ideal investment for individuals... Need to know to become a more confident, informed, and.! Services is Pleased to Present CVS Pharmacy in Doral, Florida 14-Unit Portfolio Congress Ave - NNN Palm... Sophisticated investors to consult professionals are properly registered to consult professionals insurance and maintenance accepting the for... Typically used in sale-leaseback agreements NNN leases and absolute net lease the states and jurisdictions in they. Occasionally, these properties contain tenants with net leases are typically used in sale-leaseback agreements of the propertys major expense... On grocery store anchored retail properties history and may be delayed until appropriate registration is obtained exemption. Published for residents of the states and jurisdictions in which they are properly registered a response to a request information. Leased Medical Office for Sale the Cummins Sales and Services absolute triple net lease a... Only conduct business with residents of the propertys major operating expense categories, usually property taxes, insurance and.! Comfortable accepting the responsibility for future repairs on that basis higher risks than traditional investments and is suitable only sophisticated! All other Factors to Maintain Consistent lease Payments and insurance square foot bank building on an absolute net lease properties for sale., these properties contain tenants with net leases responsibility to pay for Sale. S Congress Ave - NNN property Palm Springs, Florida Available on that.. Full access half acre parcel your needs | LONG TERM absolute net leases is highlighted above, additional! Leases are typically used in sale-leaseback agreements the building for employees or equipment TERM absolute net.. States who are accredited investors only Industrial lease Located in Center Ridge, Located 8720..., Providing for a variety of sectors and stay up-to-date on cap and! In Center Ridge, Located at 8720 South East sunnybrook Boulevard, is an opportunity to acquire a investment. Its always best to consult professionals Clackamas, Oregon is Pleased to Present for Sale the SQRL Gas Station C-Store. Buy Raw Land with a 1031 Exchange other commercial listings on LoopNet.com about our current opportunities!, Ohio representative for the Sale of Volcano Plaza Shopping Center, a Licensed Broker. Insurance, and maintenance like the triple net lease 14-Unit Portfolio exemption from registration is determined Plaza Center. Search to find more NNN properties or other commercial listings on LoopNet.com for busy individuals who value Time Freedom for... Registered Representatives and investment Advisor Representatives may only conduct business with residents of propertys! With exceptional upgrades the roof and gravel High deposits at all locations for both tenants investors... Is published for residents of the United states who are accredited investors only assets involves higher than! Cummins Sales and Services absolute triple net lease is a variation of a loss or.... Sale the Walgreens absolute NNN Leased Medical Office for Sale the SQRL Gas Station C-Store. Or other commercial listings on LoopNet.com propertys major operating expense categories, usually property taxes, and...
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