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TD Bank NNN Sold in Miami FL

TD Bank NNN Sold at Miami FL – Price Sold: 6,500,000

We are pleased to announce that we have successfully completed the acquisition of a TD Bank NNN Sold in Miami FL. We represented a 1031 Exchange Buyer in the transaction.

The transaction highlights are summarized below:

– Price: $6,500,000
– Lease Term/Type: 20 Years NNN
– Tenant: TD Bank
– Location: Miami FL
– Funding: All Cash – 1031 Exchange
– Buyer: Private Investor

If you are in a 1031 Exchange, we can help you finding and negotiating a suitable replacement property according to your investment goals and risk tolerance. We are a specialized team representing Buyers, Sellers and 1031 Exchange Investors that are looking for a Triple Net NNN Investment property.

Why choosing us?

  • We are a specialized NNN Buyers’ Broker focusing only on Net-leased assets.
  • We provide Exclusive Buyer’s Representation
  • Exclusive Seller’s Representation and 1031 Exchange Replacement Brokerage
  • Our Buyer’s Brokerage Fees are Free for the Buyer.
  • We have ample access to off-the market properties
  • Comprehensive knowledge of the critical aspect of a NNN Investment transaction.
  • Strong and key relationships with Developers, National Brokers, Tenants & Lenders.

You can contact us at 407.205.7570 or 800.406.7640, let us be your trusted Triple Net NNN Lease Advisor.

Subscribe Here to our Top 10 NNN Investment Newsletter

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McDonalds NNN Lease Sold Lake Wales FL

McDonalds NNN Lease Sold Lake Wales FL – Price Sold: $1,556,000

We are pleased to announce that we have successfully completed the acquisition of a McDonalds NNN Lease Sold for total price of $1,556,000.

The transaction highlights are summarized below:

– Price: $1,556,000
– Lease Term/Type: 20 Years NNN
– Tenant: McDonalds
– Location: Lake Wales FL
– Funding: All Cash
– Buyer: Private Investor

If you are in a 1031 Exchange, we can help you finding and negotiating a suitable replacement property according to your investment goals and risk tolerance. We are a specialized team representing Buyers, Sellers and 1031 Exchange Investors that are looking for a Triple Net NNN Investment property.

Why choosing us?

  • We are a specialized NNN Buyers’ Broker focusing only on Net-leased assets.
  • We provide Exclusive Buyer’s Representation
  • Exclusive Seller’s Representation and 1031 Exchange Replacement Brokerage
  • Our Buyer’s Brokerage Fees are Free for the Buyer.
  • We have ample access to off-the market properties
  • Comprehensive knowledge of the critical aspect of a NNN Investment transaction.
  • Strong and key relationships with Developers, National Brokers, Tenants & Lenders.

You can contact us at 407.205.7570 or 800.406.7640, let us be your trusted Triple Net NNN Lease Advisor.

Subscribe Here to our Top 10 NNN Investment Newsletter

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Just Sold Dollar Tree NNN in Tallahassee FL

We are pleased to announce that we have successfully closed a Dollar Tree Net-Leased Investment property located in Tallahassee, FL MSA (Quincy, FL).  We represented the buyer in the transaction and the transaction closed in approximately 60 days. This is a brand new property with a new 10-Years Net-Lease.

Transaction Highlights

  • Price sold: $1,472,000
  • Lease Term/Type: 10 years Net-Leased
  • Tenant: Dollar Tree
  • Location: Tallahassee MSA (Quincy, Fl)
  • Funding: 50% cash/50% loan
  • Buyer: Private Investor.
  • Time to close: 60 days

Triple Net NNN investments have become a recognizable asset, and a very popular Real Estate Investment in the United States, mostly for investors that are looking to receive a steady income stream, with limited or no involvement in the property management.  In most Net-leased arrangements the tenant assumes responsibility for the property taxes, insurance, and maintenance cost.

Are you Interested in Investing in a Dollar Tree NNN Investment Property?

At CASABLANCA Commercial Real Estate, we specialize in Triple Net NNN Lease Investments and we can work with you in finding and negotiating the best deal according to your investment goals and risk tolerance. Our buyer’s brokerage fees are Free for the buyer.

You can contact us at 407.205.7570 or 800.406.7640, let us be your trusted Triple Net Investment Advisor.

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Just Sold Starbucks NNN in Jacksonville FL

We are pleased to announce that we have successfully completed the closing of a Starbucks NNN Property located in Jacksonville, FL. We represented the Buyer and the transaction closed in approximately 48 days.

A Starbucks Triple Net NNN Lease investment is an excellent opportunity for investors that are looking to invest their hard-earned money into a rapidly growing and prestigious company.  Starbucks is the largest coffehouse company in the world with 21,160 stores in 63 countries, including United States, China, Canada, Japan and the United Kingdom.

Transaction Highlights

  • Price sold: $1,650,000
  • Lease Term/Type: 20 years NNN
  • Tennant: Starbucks
  • Location: Jacksonville, FL
  • Funding: All cash
  • Buyer: Private Investor
  • Time to close: 48 days.

Triple Net NNN investments have become a recognizable asset, and a very popular Real Estate Investment in the United States, mostly for investors that are looking to receive a steady income with limited involvement in the property management.  In most NNN lease arrangements, the tenant assumes responsibility of property taxes, insurance, and maintenance cost.

NNN Investment properties have singular benefits by providing the investor a perfect mix of: capital preservationexcellent capitalizationpassive income, investment stability and outstanding tax benefits.

Are you Interested in Investing in a Starbucks NNN Property?

At CASABLANCA Commercial Real Estate, we specialize in NNN Lease Investments and we can work with you in finding and negotiating the best deal according to your investment goals and risk tolerance. Our buyer’s brokerage fees are Free for the buyer.

You can contact us at 407.205.7570 or 800-406-7640, let us be your trusted NNN Investment Advisor

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Just Sold Sherwin Williams NNN in Roswell GA

We are pleased to announce that we have closed a Sherwin Williams Net-Leased property in Atlanta GA MSA (Roswell, GA).  We represented the buyer and the transaction closed in approximately 35 days.  This is a completely remodeled building with a new 10-Years Net-Lease

Transaction Highlights

  • Price sold: $1,590,000
  • Lease Term/Type: 10 years Net-Leased
  • Tennant: Sherwin Williams
  • Location: Atlanta, GA MSA (Roswell GA)
  • Funding: 50% cash / 50% loan
  • Buyer: Private Investor
  • Time to close: 35 days

Triple Net NNN Lease Investments have become a very popular real estate investment, mainly because of its singular benefits in providing the investor a perfect mix of: capital preservationexcellent capitalizationpassive income, investment stability and outstanding tax benefits.

Are you Interested in Investing in a Sherwin Williams NNN Investment Property?

At CASABLANCA Commercial Real Estate, we specialize in Triple Net NNN Investments and we can work with you in finding and negotiating the best deal according to your investment goals and risk tolerance. Our buyer’s brokerage fees are Free for the buyer.

Contact us here or give us a call at 407.205.7570, let us be your trusted Triple Net NNN Lease Advisor

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Just Sold ATT NNN in Bristol VA

We are pleased to announce that we have closed an AT&T Net leased property located in Bristol, VA.  We represented the buyer and the transaction closed in approximately 46 days. This is a brand new store with a new 10 years net lease.

Transaction Highlights:

  • Price sold: $2,775,000
  • Lease Term/Type: 10 years Net-Leased
  • Tenant: AT&T
  • Location: Bristol, VA
  • Funding: 50% cash/50% loan
  • Buyer: Private Investor
  • Time to close: 46 days

Triple Net NNN investments have become a recognizable asset, and a very popular Real Estate Investment in the United States, mostly for investors that are looking to receive a steady income with limited or no involvement in the property management.  In most NNN lease arrangements the tenant assume responsibility for the property taxes, insurance, and maintenance cost.

NNN Investment properties offer singular benefits for the investor, providing a perfect mix of: capital preservationexcellent capitalizationpassive income, investment stability and outstanding tax benefits.

Are you Interested in Investing in an ATT NNN Property?

At CASABLANCA Commercial Real Estate, we specialize in NNN Investments and we can work with you in finding and negotiating the best deal according to your investment goals and risk tolerance. Our buyer’s brokerage fees are Free for the buyer.

You can contact us at 407.205.7570 or 800.406.7640, let us be your trusted Triple Net Advisor.

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McDonalds NNN Lease Sold Vero Beach FL

McDonalds NNN Lease Sold at Vero Beach FL – Price Sold: $1,695,000

We are pleased to announce that we have successfully completed the acquisition of a McDonalds NNN Lease Sold for total price of $1,695,000.

The transaction highlights are summarized below:

– Price: $1,695,000
– Lease Term/Type: 20 Years NNN
– Tenant: McDonalds
– Location: Vero Beach, FL
– Funding: All Cash
– Buyer: Private Investor

If you are in a 1031 Exchange, we can help you finding and negotiating a suitable replacement property according to your investment goals and risk tolerance. We are a specialized team representing Buyers, Sellers and 1031 Exchange Investors that are looking for a Triple Net NNN Investment property.

Why choosing us?

  • We are a specialized NNN Buyers’ Broker focusing only on Net-leased assets.
  • We provide Exclusive Buyer’s Representation
  • Exclusive Seller’s Representation and 1031 Exchange Replacement Brokerage
  • Our Buyer’s Brokerage Fees are Free for the Buyer.
  • We have ample access to off-the market properties
  • Comprehensive knowledge of the critical aspect of a NNN Investment transaction.
  • Strong and key relationships with Developers, National Brokers, Tenants & Lenders.

You can contact us at 407.205.7570 or 800.406.7640, let us be your trusted Triple Net NNN Lease Advisor.

Subscribe Here to our Top 10 NNN Investment Newsletter

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Triple Net Lease NNN Investments: Five (5) Singular Attributes

triple net nnn lease

Triple Net Lease NNN Investments have become a very popular real estate investment, mainly because of its Singular Attributes that are unique and not offered by other types of investment. Nowadays investors have many different options where to invest their money, some of them with more risk and return than others. However, NNN investments distinguish themselves from the others by providing investors with a perfect mix of capital preservation, excellent capitalization, passive income, investment stability and outstanding tax benefits. But first, let’s start by reviewing the definition:

What is a Triple Net Lease NNN Investment?

“A lease agreement that designates the lessee or the tenant, as being solely responsible for all of the costs relating to the asset being leased in addition to the rent.” (Investopedia). In simple terms, in a Triple Net Lease the tenant agrees to pay, in addition to the base rent, the Property Taxes, Property Insurance and Maintenance Costs. Moreover, most Triple Net Lease NNN agreements nowadays are structured as Absolute NNN, in which the tenant is also responsible for the roof and structure. It is undoubtedly an outstanding investment vehicle to allocate your money in. There are several Singular Attributes of NNN Lease Investments that distinguish them from other type of investments.

The Singular Attributes

1. Capital Preservation

Certainly, the most important goal of any investor is the preservation and growth of hard-earned capital. Triple Net Lease investments are not subject to the typical market fluctuations. Your investment is backed by the tenant stability, which are mostly national corporations with investment grade credit ratings and very solid and stable franchisee operators with a proven track record of success. The value of the asset is in direct correlation with the term of the lease. In most instances the tenant decides to exercise the lease extension options or even renews the lease before maturity resulting in an increase of asset value.

2. Capitalization – Asset Value Appreciation

Capitalization or appreciation of asset value is another singular attribute of a NNN Lease Investment. Other fixed income investment options, like corporate and government bonds, fall short in providing the investor the asset capitalization benefit. Moreover, most of these bonds are exposed to the market and interest rates fluctuations, in which in some cases the face value of your investment depreciates in value, instead of providing positive appreciation. On the other side, Triple Net Lease Investment offer strong capitalization opportunity for the investor. Some investors hold the investment for five years or less, collect the cash flows for the first years of the lease term and then flip the investment to other investors taking advantage of an early capitalization.

3. Passive Income

A fixed or passive income is money that you receive for doing nothing, in other words you don’t have to be involved in the asset management to generate the cash flow. Some investors are lured by the promise of double digit returns in other type of Real Estate Investments, to see themselves at the end dealing with the hassles of property management and all the inconveniences that this carries over. One of the major beauties of a Triple Net Lease Investment is that the only thing that you have to do every month is to pick up the check in the mail or look at the direct deposit in your account.

4. Investment Stability

A Triple Net Lease is a stable a investment, in other words it will not be subject to the typical market fluctuations that other type of investments are exposed. When you decide to invest your money in bonds, stocks or mutual funds your investment can be subject to drastic fluctuations that can even make your trip to the mail every month a nightmare before reviewing your statement.  On the contrary, a Triple Net NNN Investment is a stable investment that will not be subject to market fluctuations. If you analyzed the risk carefully before investing, which means the location, the credit worthiness of the tenant, and the brand’s competitive advantage in the market (among other factors), you can rest assure that you will not have surprises at the end of the month.

5. Tax Benefits – 1031 Exchange

The ice at the top of the cake of Triple Net Lease Investments is the Singular Tax Attribute that is unique to any type of investment. There are three (3) types of tax benefits for NNN Investments:

  1. Federal Tax Deferment – Section 1031 of the Internal Revenue Code allows an investor to sell a qualified real estate investment and exchange it for another similar qualified investment deferring the capital gain on the first property.
  2. Depreciation Recapture Tax Deferment – If you sell a real estate investment without using section 1031 the IRS will impose taxes over the amount of money you depreciated.  However, if you buy another qualified investment, you can continue deferring the depreciation allowance by carrying it over the new investment property.
  3. State Taxes Capital Gain – If you reside in a state that has capital gain taxes, and buy a another qualified investment and use the benefit of the 1031 Section, in most cases you might be able to defer the state capital gain as well. It is very important that you check with your CPA and Tax Attorney to familiarize yourself with the benefits and limitations of deferring capital gains on an investment asset.

In Summary

These are just five (5) of the many Singular Attributes that Triple Net Lease NNN investments have to offer that make them unique and one of the safest investments vehicle in the market.  As you might be thinking, there is no risk free investment and there are certainly some risks involved as well that need to be considered. In our next article we are going to summarize some of them. In conclusion, the Singular Attributes of Triple Net Lease Investment are the main reasons why this type of investment have become extremely popular among investors.

Are You interested in investing in Triple Net Lease NNN Investments?

At CASABLANCA Commercial Real Estate, we specialize in Triple Net Lease NNN Investments and we can work with you finding and negotiating the best deal according to your investment goals and risk tolerance. Our financial background and market connections are what set us apart. We have more than 15 years of experience as Commercial Real Estate bankers which allow us to understand the financial aspect of an investment property. Our Buyer’s brokerage services are Free.

Contact us here or give us a call at 407.205.7570, let us be your trusted Triple Net NNN Lease Advisor.

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NNN Lease Types: The 5 Most Common

nnn lease types

When an investor is evaluating a NNN Lease Investment opportunity, the most important and critical aspect is the careful review of the NNN lease contract. Certainly, not all lease contracts are created equal and some of them involve more responsibility for the investor than others. Let’s review 5 of the most common NNN Lease Types and their major characteristics.

NNN Lease Types

Single Net Lease – A Single Net List require the highest level of investor involvement and responsibility . The tenant is responsible to pay, in addition to the base rent, the property taxes as well. All other property expenses such as insurance, maintenance costs, among others, are still the responsibility of the Landlord.

Double Net NN Lease – A double net (NN) lease makes the tenant responsible for the payment of property taxes and insurance. The landlord retains the responsibility of maintaining and repairing (if applicable) both the structure and the roof, in addition to the common maintenance areas (CAM).

Triple Net NNN Lease – In simple terms, in a Triple Net Lease the tenant is responsible for paying the three (3) N’s as follows: N– Property Taxes, N– Insurance,N– Maintenance Costs. In addition to the base rent, the tenant is also responsible for any repairs and maintenance of the property and common areas.

Absolute Triple Net NNN Lease – Structured in a bond like way, in the absolute triple net lease the tenant assumes all obligations concerning the property. In addition to the NNN items discussed above, the tenant carries also the responsibility of the roof and structure. In case of a fortuitous loss, the tenant is also responsible to restore or rebuild the property and restore it to its original condition and pay for any insurance deficiency. This type of lease is very popular among investment grade tenants who usually sell and leaseback the property. For the investor, the Absolute Triple Net NNN Lease offers the maximum level of benefits with the minimum or almost no involvement in the asset management.

Ground Lease – Ground Leases (or Land Lease) have similar characteristics of Absolute NNN Leases in terms of the tenant responsibility for paying property taxes, insurance, maintenance, roof and structure. In a ground lease the investor or landlord leases the land to the tenant who is allowed to build on the land. The tenant has leasehold interest in the building and improvements, but in most ground leases, the building and permanent fixtures become landlord property at the expiration of the lease.

As you can see, there are substantial variations among the different NNN lease types. These differences will determine the level of investor involvement and responsibility with the property and the tenant. The investor should always hire an experienced real estate attorney to do a comprehensive review of the lease contract and evaluate all the risks and legal responsibilities involved.

Are You Interested in Investing in a NNN Lease?

At CASABLANCA Commercial Real Estate, we specialize in Triple Net NNN Lease Investments and we can work with you finding and negotiating the best deal according to your investment goals and risk tolerance.

Our financial background and market connections are what set us apart. We have more than 15 years of experience in the Financial Industry, which allow us to understand the financial aspects of an investment property. Our Buyer’s brokerage services are Free.

Click here to read the complete article or give us a call at 407.205.7570, let us be your trusted Triple Net NNN Lease Advisor.

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Commercial Real Estate Experts: 5 Areas of Specialization

CASABLANCA Commercial Real Estate is a specialized commercial team in the state of Florida focusing only in Commercial Real Estate and Triple Net NNN Investment Properties. We are Commercial Real Estate Experts and we assist our clients in finding and negotiating the best commercial real estate deal according to their investment goals and risk tolerance.

Commercial Real Estate Experts – 5 Areas of Specialization

1. Triple Net NNN Investments – Single Tenant & Multi Tenant Triple Net NNN Investment Properties
2. Office & Medical – Office Buildings, Medical Office, Office-Warehouse, Office Condo
3. Retail – Shopping Centers, Restaurant, Free Standing Retail, Retail Pads
4. Industrial – Manufacturing, Warehousing, Distribution, Flex Space, Office Showroom
5. Multifamily – Apartment Buildings, Government Subsidized, Mid/High-Rise

We Do Represent Clients in the following areas

1. Buyer & Investor Representation – We represent investors, professionals and private entities that are looking to Buy a Commercial property.
2. Seller Representation – We represent Sellers, Developers and Property Owners that are looking to Sell their Commercial Property.

Commercial Financing Advice – Our Value Added

1. We assist our clients with the Commercial Property Financing process
2. We leverage in our extensive financial background of more than 15 years of experience as Commercial Real Estate Bankers.
3. We have a large network of local and national Commercial Bankers
4. We negotiate with Bankers on behalf of our clients, we answer their questions and highlight the strenghts of the application.
5. We are able to speak the Bankers language, we know what they are looking for, we know how to get your application approved.

Our Differentiation Factor

1. A strong financial background is what sets us apart
2. Extensive Market Connections of Bankers, Private Equity Funds, Developers
3. Commercial Real Estate specialized team
4. Commercial Financing Advice and Support
5. Free Buyer’s representation and Financing Advice.

Contact Us today at 407.205.7570 and let us be your team of Commercial Real Estate Experts.