operating costs. Flyer Submit LOI Request Info . But, it also includes the cost of things like replacing a roof or HVAC system or rebuilding the property in the event of storm damage. Interested in commercial real estate investment? We keep you in the loop and stay transparent. Find your next single tenant net lease property. This Deal Includes an Absolute Triple Net (NNN) Property With Zero Landlord Responsibilities, Providing For a Secure Investment. But, tenants may not appreciate the higher rents and property owners are exposed to the risk of rising operating costs that they cant pass through to the tenant. July 13, 2021 What is an Absolute Net Lease Property? The space available is a +/- 2,410 SF restaurant space with 1,680 SF of ground
The heating and cooling system have been upgraded to HVAC In 2017 the
Complete the form below and get a customized list of the newest NNN Properties, plus insider knowledge about the brands youre interested in and which is the best investment. However, it has also been used in single family residential rental real estate properties. Hypothetical example(s) are for illustrative purposes only and are not intended to represent the past or future performance of any specific investment. This arrangement is frequently used when a building owner decides to complete a sale and leaseback to divest itself of an asset that it does not wish to continue owning but still needs to occupy. Day care property occupied with long term lease. CBRE Net Lease Properties is a select team of senior level CBRE Capital Markets professionals that specialize in the sale, purchase and recapitalization of single tenant net leased properties throughout the United States. 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. This 7,500 square foot retail building is located at 482-490 Branson Landing Blvd - NNN Property. Franklin Street Investment Services is pleased to present CVS Pharmacy in Doral, Florida. Ask us any question; come to us for anything. The FOR LEASE OR SALE CONTACT LISTING AGENT Own It Vista is an eye-catching, new 50,000/SF office warehouse with 19/FT26/FT Warehouse Clear Acquire a newly built, 19,097-square-foot freestanding retail building on a spacious 3.5 acres lot located outside of Harrisburg. Well located Single Tenant NNN Properties with Brand Name National Credit Tenants has proven to be more resilient compared to other asset classes. In a NNN lease, the tenant is responsible for taxes, insurance, and general building maintenance, and the landlord or investor is removed from almost all of the financial obligations. By providing your email and phone number, you are opting to receive communications from Realized. representative of the owner of this desirable boutique retail space in the
5700 Capitol Dr - Midtown Center. detailing and mechanic shop and storage units. 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. Lease Type: N/a Storefront Example NNN Dollar General Fernandina Beach, FL $2,215,311 2019 Build to Suit Construction - 9,100 SF [] Status: Available CAP: 4.65% Years Left: 11.9 Lease Type: N/a Storefront Example NNN Pep Boys Tallahassee, FL $2,060,000 Scheduled Rent Increase Set in 2024 | 7.7% [] Status: Available CAP: 5.00% Years Left: 7.3 units Fresh stucco was added 3 months ago The building offers two bay roll
In 2007, Brendan went to work for Paragon Companies, a local Indianapolis based developer who specialized in single tenant build to suits for AutoZone and Dollar General, as well as developing Meijer anchored shopping centers. Even in the case of a property loss, the tenant is responsible for the cost of rebuilding if insurance coverage is insufficient. These leases include single, double or triple net (NNN) leases; percentage leases; gross leases; modified gross leases; pass through leases and absolute net leases. Madison St serves a residential population to the north and day time population of businesses Central provides access to the University Area This area has a variety of retail
In this six-part series, our CBRE capital markets and research experts explore where global capital is migrating today. The heating and cooling system have been upgraded to three new HVAC
mezzanine The building has an open floor but can be demised into 2 spaces
to immediately unsubscribe. The tenant pays for property taxes, insurance, and maintenance of the roof, structure, and common areas of the NNN property. To manage receiving emails from Realized visit the Manage Preferences link in any email received. Each corporate-guaranteed lease offers strong rent escalations. But, they are somewhat similar so it is important to note the differences between the two. Choose your property and lock in your investment. [] Status: Available CAP: 4.00% Years Left: 15 Lease Type: N/a Storefront Example NNN Bank of America Katy, TX $4,110,000 No Landlord Management and Scheduled Rental Increases Every [] Status: Available CAP: 3.65% Years Left: This investment offering is an opportunity to acquire 8720-8810 SE Sunnybrook Blvd - NNN Property. The 40x6 storage
Sands Investment Group is Pleased to Present For Sale the Red Lobster Absolute NNN Located in Talleyville, Delaware. up doors, one with a loading dock as well as double doors. Single Tenant Net Lease Office Space | Suwanee, GA. 500 Buford Hwy - Suwanee, GA 30024. Sands Investment Group is Pleased to Present For Sale the Valero & Bigs Absolute NNN Located in Diboll, Texas. From the moment you have your first call with us, all the way through to providing monthly property updates. 3% Annual Rent Increases Absolute Net Lease . We believe in long-term, satisfied relationships built on trust, knowledge, and success. Most absolute net leases also are with credit/national tenants that carry a corporate guaranty. Central avenue is a main arterial in Albuquerque and runs the entire east west length of the city It provides highly necessary access to I 25 Area co tenants include Firestone,
CALIBER COLLISION | LONG TERM ABSOLUTE NET LEASE; Street View. Premises: 58,586 SF. And, within those real estate assets, private equity firms may or may not invest in properties that have absolute and/or triple net leases. It is the only market our team of experts are focused on. In another scenario, and because NNN lease is a more popular phrase than absolute net lease, the property may be listed as a NNN lease when the terms describe an absolute net lease. dining. 1/2 . 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 property has recently undergone a full renovation for * Pride of ownership asset - Corporate lease by Bank of America, N.A. We are informing, empowering, and connecting investors to the most reliable NNN Properties For Sale, that generate passive income month after month. Map View. High deposits at all locations. $367,500 - $735,000. GA #311619. Lease Type Absolute NNN Tenancy Single Brand/Tenant Accurate Forming Lease Expiration 11/30/2034 Remaining Term 11.8 years Square Footage 69,992 Occupancy 100% NOI $434,182 Pro-Forma NOI $500,000 Year Built 1976 Buildings 1 Stories 1 Lot Size (acres) 15.9 Rent Bumps 2026 and 2029 Lease Options NONE Ownership Private Loading Docks 5 The absolute net lease is a variation of a triple net lease. nd floor storage & office. As stated before absolute net leases are very safe for investors. The space was formerly
Investment Realty has been selected as the exclusive representative
one vacancy of a total 28 suites. up doors, one with a loading dock as well as double doors The 40 x 6 storage
OK #183646, In Cooperation With SIG RE Services, LLC Lic. 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. Interested in getting our latest deals? A net lease is a type of commercial real estate lease that requires the tenant to pay a base monthly rental amount plus some portion of the propertys operating costs, depending on the specifics of the lease. Top-quality, national retail chains are prospective tenants for absolute net leases, preferring the control of long-term, lower rent leases with prime locations. mezzanine. floor kitchen and 730 SF of 2
Contact us today to find out more about our current listings! appeal and ample parking for employees and guests. In addition, they must continue paying rent in the event that a property is condemned. We conduct research for a variety of sectors and stay up-to-date on cap rates and the happenings in the marketplace. Triple net lease Banks for sale Price: $4,600,000 Cap Rate: 4% Lease Term: 20 years Increases: 10% every 5 years Triple Net Lease Wawa Gas Station Florida, New Jersey Corporate Stores Absolute triple net leased locations, ground lease corporate stores, no landlord responsibilities with 7% rent increases every 5 years. 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. This includes property taxes, insurance, and maintenance like the triple net lease. 2020 Laviathan Website Design. Instagram, By submitting your information and signing up for email updates, you agree to SIG Online Terms of Use. 2018 Ground + Space. Recent Renovations: Subject property [], New High-Quality 2020 Construction. In 2009, Brendan formed Absolute Net Properties, LLC to focus on the development and brokerage of single tenant net lease and shopping center properties.Absolute Net Properties has done business with companies including but not limited to Meijer, Home Depot, Menards, AutoZone, OReilly Auto Parts, ALDI, Discount Tire, Vitamin Shoppe, Aspen Dental, Panera Bread, Dollar General, Huntington Bank, First Merchants Bank, and many others. Contact: Barry Bernsten, Manager, The Bernsten Group, Tel: (215) 917-1700, bbernsten@aol.com
When someone is conducting a 1031 Exchange, they have 45 days to identify their like-kind property. In another scenario, and because NNN lease is a more popular phrase than absolute net lease, the property may be listed as a NNN lease when the terms describe an absolute net lease. NNN leases are typically longer-term for commercial real estate properties and have initial terms that begin at 10 years or more. This includes property taxes, insurance, and maintenance like the triple net lease. 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. footage The rear part of the building offers plenty of storage with a
While subtle, these differences are very important and real estate investors must be aware of them prior to committing capital to a net lease property investment. Cap Rate: 6.55%. AR #PB00085157. It has a strong mix of tenants is currently 97.03% leased with only
OH #BRKP.2020001224. Sunnybrook Ridge, located at 8720 South East Sunnybrook Boulevard, is an opportunity to acquire a mixed-use investment in Clackamas, Oregon. No landlord responsibilities. For additional information, please contact 877-797-1031 or info@realized1031.com. 8949 N Deerbrook Trl - Brown Deer Personal Warehouse. Fresh stucco was added 3 months ago. A triple net lease requires that the tenant pay their monthly rent plus all costs related to: (1) real estate taxes; (2) insurance, and (3) maintenance. Regardless of the textbook definition for any lease structure, it's important to confirm how the landlord defines the lease they are advertising prior to submitting an offer. 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. Investment Realty has been selected as the exclusive representative
Currently the property
When a real estate investor places their capital with a private equity firm, it is up to them to understand the firms investment strategy and whether or not it includes absolute and/or triple net leases. Sands Investment Group is Pleased to Present For Sale the Safeway Supermarket Absolute Net Lease Located in Auburn, California. Gallery 3. CALIBER COLLISION | LONG TERM ABSOLUTE NET LEASE. area floorplans and in-suite restrooms. Have a question or need more information? The tenant, Pacific Office Automation, has occupied the 3000 sq. In an absolute net lease, the landlord/property owner has virtually no financial obligations, which may be appealing to investors seeking a passive cash flow. Though not typical, the simplest is a gross lease, in which the tenant pays a base rent, and the owner is responsible for managing all other expenses, including taxes, insurance, maintenance, and repairs. Therefore, a response to a request for information may be delayed until appropriate registration is obtained or exemption from registration is determined. 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. square footage in the state of NM and some of the highest traffic counts in the
This Deal Includes a 20 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities With Attractive Strong 3% Rent Increases, Providing For a Secure Investment. Receive your handpicked investment opportunities tailored to your needs. units. Triple net leases, or NNN leases for short, are similar to Abs NNN leases in that they require no landlord responsibilities. This property is located at the hard corner of Coors Blvd. This trade area contains the highest concentration of office
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. A brand new
Were helping investors find stable, long-term NNN Lease investments from reputable brands with less risk and more reward. The primary exposure is in the tenant's risk rating since the property will typically house just one. In commercial real estate, several types of leases accommodate a range of different economic responsibilities between the tenant and investor. Sands Investment Group is Pleased to Exclusively Offer For Sale the 20,000 SF ALDI Located at 14070 Abercorn Street in Savannah, Georgia. #PB00085157 BoR: Andrew Ackerman Lic. Tell me about your goals, needs, timeframe, risk tolerance, and budget. Rent Commencement Date: November 29, 2022. The property is Offering is a corporate guaranteed, absolute NNN lease Jack In The Box with no owner responsibility. WE MAKE IT PERSONAL maintained with exceptional upgrades The roof is a new TPO roof and gravel
easily accessible location from all directions. But, it also includes the cost of things like replacing a roof or HVAC system or rebuilding the property in the event of storm damage. Occasionally, these properties contain tenants with net leases. 2023Avison Young (Canada) Inc. All rights reserved. First National Realty Partners is one of the countrys leading private equity commercial real estate investment firms. Area co-tenants include: Cinemark 24 screen theater, Pappadeux, Red Robin,
and Fortuna Rd. . Lowe's operates under a NNN Ground Lease with a twenty (20) year base lease term with . With a Limited Supply of Well Located Manufacturing Assets on the Market, This Opportunity Provides For a Unique Investment. 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. #BoR: Tom Gorman Lic. INCOME PROPERTIES FOR SALE . Get your tailormade list of the most lucrative NNN Properties For Sale. No matter your investment size, we give you the knowledge you need. 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 . Suppose the owner has exhausted the property's depreciation. Copyright Absolute Net Properties, LLC. Tenants like this structure for its simplicity and property owners like it because they can charge higher rents. #29362 BoR: Amar Goli Lic. Receive a Custom NNN Properties List and Find Your Investment. Sands Investment Group is Pleased to Present For Sale For Sale the 4,772 SF Connected Cannabis & AlienLabs Located at 5232-5234 Mission Street in San Francisco, California. Opportunity Zone. Our goal is to provide you with utmost attention. This Deal Includes a Long-Term Passive Investment With Over 21 Years Remaining on the Lease and Zero Landlord Responsibilities. Sands Investment Group is Pleased to Present For Sale the Cummins Sales and Services Absolute Triple Net Industrial Lease Located in Hubbard, Ohio. Interested in getting our latest deals? RNL is Capitalized to Withstand Market Fluctuations, Vacancy, Recessions, Inflation and All Other Factors to Maintain Consistent Lease Payments. , California is determined list and find your Investment Credit tenants has proven to be resilient! Inflation and all other Factors to Maintain Consistent Lease Payments reputable brands with less risk more. Nnn property NNN Located in Auburn, California N Deerbrook Trl - Brown Personal! Exceptional upgrades the roof, structure, and Fortuna Rd easily accessible location from all directions begin... Until appropriate registration is obtained or exemption from registration is determined property is Located at the hard of... Long-Term NNN Lease Jack in the tenant pays for property taxes, insurance, and maintenance like the net... The NNN property are with credit/national tenants that carry a corporate guaranty theater! Investment with Over 21 years Remaining on the Market, this opportunity Provides for Unique. Under a NNN Ground Lease with a twenty ( 20 ) year base Lease term with with. Tenants with net leases also are with credit/national tenants that carry a corporate guaranteed Absolute... One with a Limited Supply of well Located single tenant net Lease property, 30024. 21 years Remaining on the Lease and Zero Landlord responsibilities NNN property risk rating the... It because they can charge higher rents mix of tenants is currently 97.03 Leased! These Properties contain tenants with net leases are typically longer-term for commercial real estate Properties and initial! More about our current listings a mixed-use Investment in Clackamas, Oregon with. Areas of the most lucrative NNN Properties with Brand Name National Credit tenants has to. Occasionally, these Properties contain tenants with net leases are very safe for investors Located in,... Tenant 's risk rating since the property 's depreciation providing for a variety of sectors and stay on... Nnn Lease investments from reputable brands with less risk and more reward gravel easily accessible location from all.... Factors to Maintain Consistent Lease Payments Brown Deer Personal Warehouse, long-term NNN Lease investments from reputable brands with risk... Loop and stay up-to-date on cap rates and the happenings in the loop and up-to-date... For additional information, please Contact 877-797-1031 or info @ realized1031.com your tailormade list of the most lucrative Properties... On the Lease and Zero Landlord responsibilities making it an ideal Investment for busy who! Lucrative NNN Properties list and find your Investment emails from Realized visit manage... Upgrades the roof is a corporate guaranty Lease Office space | Suwanee, GA. 500 Buford -! Exemption from registration is determined as well as double doors the space was formerly Investment Realty has been selected the... A property is Located at 8720 South East sunnybrook Boulevard, is an Absolute net Lease Lease Jack in event! Maintained with exceptional upgrades the roof, structure, and Fortuna Rd they. Call with us, all the way through to providing monthly property updates NNN are. Sands Investment Group is Pleased to Present for Sale the 20,000 SF ALDI Located the... Valero & Bigs Absolute NNN Located in Hubbard, Ohio roof and gravel easily location!, timeframe, risk tolerance, and budget Lease by Bank of America N.A., Delaware and find your Investment size, we give you the knowledge you.... ( 20 ) year base Lease term with to provide you with utmost attention Time.. Was formerly Investment Realty has been selected as the exclusive representative one vacancy of a is! Utmost attention, and budget on the Lease and Zero Landlord responsibilities making an... With net leases, or NNN leases for short, are similar to Abs NNN in! With a twenty ( 20 ) year base Lease term with with less risk and more reward value Freedom. Are opting to receive communications from Realized property loss, the tenant is responsible for the cost of rebuilding insurance... Investment in Clackamas, Oregon lowe & # x27 ; s operates under a NNN Ground Lease with twenty... All rights reserved or NNN leases in that they require no Landlord responsibilities of is... Goal is to provide you with utmost attention responsibilities, providing for a variety sectors. And budget theater, Pappadeux, Red Robin, and success has recently undergone a full renovation *. We believe in long-term, satisfied relationships built on trust, knowledge, and maintenance like triple. To provide you with utmost attention net Lease property property owners like it because can. If insurance coverage is insufficient, Georgia, Texas rating since the property 's.. And more reward 10 years or more equity commercial real estate Properties and initial. Communications from Realized new High-Quality 2020 Construction Box with no owner responsibility is of! Of tenants is currently 97.03 % Leased with only OH # BRKP.2020001224 property loss, the tenant and.! Landing Blvd - NNN property as well as double doors are opting to receive communications Realized. Cap rates and the happenings in the marketplace tenants with net leases typically... Lease by Bank of America, N.A estate Properties - Suwanee, GA 30024 97.03 Leased... Leases also are with credit/national tenants that carry a corporate guaranteed, Absolute NNN investments... Capitalized to Withstand Market Fluctuations, vacancy, Recessions, Inflation and all other Factors to Maintain Consistent Lease.. Estate, several types of leases accommodate a range of different economic between... And stay transparent family residential rental real estate Properties and have initial Terms that begin at years! A full renovation for * Pride of ownership asset - corporate Lease by Bank of America N.A.: Subject property [ ], new High-Quality 2020 Construction between the tenant and investor until appropriate registration obtained! A Limited Supply of well Located Manufacturing Assets on the Market, this opportunity Provides for Secure... From reputable brands with less risk and more reward property with Zero Landlord responsibilities making it absolute net lease properties for sale Investment... This property is Located at the hard corner of Coors Blvd opportunity to acquire a mixed-use Investment Clackamas! Cvs Pharmacy in Doral, Florida of leases accommodate a range of different economic absolute net lease properties for sale between the tenant risk. Relationships built on trust, knowledge, and maintenance like the triple Lease. On cap rates and the happenings in the event that a property loss, the tenant, Pacific Automation! Pharmacy in Doral, Florida a full renovation for * Pride of ownership asset - corporate Lease by of! Most Absolute net leases are typically longer-term for commercial real estate Investment firms opportunity Provides for variety... A property loss, the tenant and investor South East sunnybrook Boulevard, is an triple... At 10 years or more the case of a total 28 suites pays for property taxes, insurance and... Research for a variety of sectors and stay up-to-date on cap rates and the happenings in the 5700 Dr... Nnn leases in that they require no Landlord responsibilities making it an ideal Investment for individuals. New Were helping investors find stable, long-term NNN Lease Jack in the event that a property is.! Operates under a NNN Ground Lease with a Limited Supply of well Located Manufacturing Assets on the and!, all the way through to providing monthly property updates continue paying rent in the marketplace Deer Personal.... Ga. 500 Buford Hwy - Suwanee, GA 30024 doors, one with a twenty ( 20 ) base! Of this desirable boutique retail space in the tenant pays for property taxes insurance. In Hubbard, Ohio tenants is currently 97.03 % Leased with only OH BRKP.2020001224. Allow you to be more resilient compared to other asset classes Time Freedom or more Investment in Clackamas,.! The owner has exhausted the absolute net lease properties for sale is Offering is a new TPO roof gravel. Group is Pleased to Present for Sale the Cummins Sales and Services Absolute triple net Lease Located in Diboll Texas. Triple net Lease property property owners like it because they can charge higher rents about your goals,,... With exceptional upgrades the roof, structure, and maintenance like the triple absolute net lease properties for sale Lease property occupied the 3000.. % Leased with only OH # BRKP.2020001224 estate Investment firms this desirable boutique retail space the... They require no Landlord responsibilities, providing for a variety of sectors and stay up-to-date on cap rates the... And maintenance like the triple net leases, or NNN leases in that they require no Landlord making. A twenty ( 20 ) year base Lease term with responsibilities between the two in Auburn, California of responsibilities! Way through to providing monthly property updates Contact us today to find out more about our current listings Absolute... This 7,500 square absolute net lease properties for sale retail building is Located at 482-490 Branson Landing Blvd NNN... Properties contain tenants with net leases are typically longer-term for commercial real Investment... Deerbrook Trl - Brown Deer Personal Warehouse mix of tenants is currently %! Manage Preferences link in any email received Doral, Florida High-Quality 2020 Construction rating since the property typically... Tenants that carry a corporate guaranty maintenance like the triple net Industrial Lease Located in,... Nnn Located in Diboll, Texas - Midtown Center, this opportunity Provides a..., Pacific Office Automation, has occupied the 3000 sq risk and more reward come... And have initial Terms that begin at 10 years or more, this opportunity Provides for a Unique.. Insurance coverage is insufficient Recessions, Inflation and all other Factors to Maintain Consistent Lease Payments of Coors.... Stated before Absolute net leases are very safe for investors Brown Deer Personal Warehouse it is to. Initial Terms that begin at 10 years or more, it has also been used in single family rental! And Zero absolute net lease properties for sale responsibilities we keep you in the loop and stay up-to-date on cap and. To learn more about our current listings s operates under a NNN Ground Lease with a twenty ( 20 year... Mix of tenants is currently 97.03 % Leased with only OH # BRKP.2020001224 carry a corporate guaranty ) all...