#100085004, In Cooperation With Sands Investment Group, A Licensed SC Broker Lic. Quick service restaurants and the growing retail healthcare sector also gravitate toward this lease type. The roof is a new TPO roof and gravel. # 132680, Broker Not Licensed in CO. Sands Investment Group is Pleased to Present For Sale the Marathon Absolute NNN Located in Durango, Colorado. 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 Net lease is a completely separate market under the commercial real estate umbrella. They are not tax efficient and an investor should consult with his/her tax advisor prior to investing. With consistently over 400+ listings, we have the largest database of net lease properties nationwide. all of the financial obligations. 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. units. To learn more about our current investment opportunities. A net lease agreement is the opposite. 8949 N Deerbrook Trl - Brown Deer Personal Warehouse. 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 site is published for residents of the United States who are accredited investors only. When it does, they must perform their own, independent of the private equity firm to ensure that the opportunity is a good fit for their own investment objectives, risk tolerance, and. Raydeo Enterprises Will Sign a Brand New 5 Year Lease With Two (2) 5 Year Options and 1% Annual Increases at Close of Escrow. At First National Realty Partners, our investment focus is on grocery store anchored retail properties. 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. Suppose the owner has exhausted the property's depreciation. Realized1031.com is a website operated by Realized Technologies, LLC, a wholly owned subsidiary of Realized Holdings, Inc. (Realized). #183645 BoR: Scott Reid Lic. Sign up for our email list today. In a triple net lease, it is the tenants responsibility to pay for all costs associated with property taxes, insurance and maintenance. [2] Single net lease (N) well maintained Last remodeled in 2006 The new roof is sloped with vinyl RNL Has a Nationally Recognized Statistical Rating Organization (NRSRO) Rating of BBB+ and is Recognized By the Securities and Exchange Commission (SEC) as Investment Grade. Franklin Street Investment Services is pleased to present CVS Pharmacy in Doral, Florida. The difference between a triple net lease and an absolute net lease is that in a triple net . [3] Bondable lease (Absolute NNN) A bondable lease (also called an "absolute triple net lease", "true triple net lease", or a "hell-or-high-water lease") is the most extreme variation of a triple net lease, where the tenant carries every . Start a new search to find more NNN Properties or other commercial listings on LoopNet.com. In Cooperation With Sands Investment Group Delaware, LLC Lic. 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. 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. #6505424119 BoR: Max Freedman Lic. Additionally, commercial real estate brokerages offer expertise and information on all different types of agreements and investments. NNN leases are typically longer-term for commercial real estate properties and have initial terms that begin at 10 years or more. In Cooperation With Sands Investment Group Michigan, LLC Lic. NNN leases are often confused with absolute net leases and making a discernible distinction is integral to understanding your commercial real estate investment and responsibilities. Sands Investment Group is Pleased to Present For Sale the GPM Investments 3,200 Unit Operator C-Store Located in Cedar Springs, Michigan. Fortunately, there are a number of commercial property investment options available to meet this preference. Sands Investment Group is Pleased to Present For Sale the Industrial Absolute Net Located in Jacksonville, North Carolina. This Tenant Has a Long Operating History and Recent Extension That Shows Commitment to the Site, Providing For a Unique Investment. How to Build a Strong Commercial Real Estate Portfolio, How to Invest in Shopping Centers Through a Private Equity Real Estate Firm. 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. Copyright Absolute Net Properties, LLC. The development and brokerage of single and multi-tenant shopping center properties, acquisition of small to large parcels of land for retail and apartment development, and the representation of landlords and tenants in the sale and leasing of retail/shopping center properties, as well as high net worth individuals and institutions in the purchase and sale of income producing properties. 3% Annual Rent Increases Absolute Net Lease . Renovated in 2019 with new We believe in long-term, satisfied relationships built on trust, knowledge, and success. #29362 BoR: Amar Goli Lic. 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. #CQ1055229 BoR: Andrew Ackerman Lic. #264531 BoR: Scott Reid Lic. Sands Investment Group is Pleased to Exclusively Offer For Sale the 20,000 SF ALDI Located at 14070 Abercorn Street in Savannah, Georgia. 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. There are four types of net leases: single net lease, double net lease, triple net lease, and absolute net lease. If you are looking to buy, our team will combine your criteria with our knowledge to find you the ideal net lease investment. An Absolute Net Lease would typically be used in a sale leaseback arrangement. Search for NNN Properties for Sale and Lease. When someone is conducting a 1031 Exchange, they have 45 days to identify their like-kind property. Properties advertise 6.00 to 6.70% cap rates and operate under 10+ year NN corporate-backed leases with few, if any, landlord responsibilities. Lease Expiration: 6/30/2039. frontage was updated with new windows and awning Security System with This includes construction of the building and paying for the day-to-day operations of the business. With consistently over 400+ listings, we have the largest database of net lease properties nationwide. Over $30 billion of transaction volume, specializing in single-tenant, net lease investment services. Get your tailormade list of the most lucrative NNN Properties For Sale. operating costs. 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. The building offers two bay roll Rental Increases: 7.5% Every 5 Years Starting in 2029. HAJOCA | Santa Fe, NM. We have absolute net lease Chase banks for sale in New Jersey, Florida, Texas, Boston, New York and all over the east coast. The Net Lease Means Zero Responsibility For Taxes, Insurance, Maintenance, Utilities, Vacancy, Renovation, Leasing Costs, Property Management, Asset Management, Appliance Replacements or Capital Improvements. Dutch Brothers Coffee drive through is located directly across the street. However, the roof and structure of the property are not traditionally included in the tenants list of maintenance responsibilities. owner for the sale of a hard-corner mixed use property located at 632, 632 footage The rear part of the building offers plenty of storage with a This Opportunity Serves as the Ideal 1031 Exchange Asset, Providing For a Unique Investment. 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. Sands Investment Group is Pleased to Present For Sale the Valero & Bigs Absolute NNN Located in Diboll, Texas. storage on the east side 2 bathrooms (non ADA) New LED Monument 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. 2018 Ground + Space. From there, Brendan transitioned to the Indianapolis office of CB Richard Ellis, where he specialized in representing landlord and tenants in leasing retail space, as well as representing buyers and sellers of net leased retail and shopping center property. The Property is Leased to Residential Net Lease, LLC (RNL). CALIBER COLLISION | LONG TERM ABSOLUTE NET LEASE. Have a question or need more information? and 644 Louisiana SE, Albuquerque, NM 87108. The business model of a private equity firm is to raise capital and use it to invest in the equity of other companiesincluding those that own real estate. 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. In Cooperation With Sands Investment Group Illinois, LLC Lic. This agreement completely relieves the property owner or investor of all financial obligations. All of which are on monthto-month leases. Triple Net Leased Industrial Manufacturing Facility. Best $/SF for asset class in the area. Msg & Data rates may apply. In addition, they must continue paying rent in the event that a property is condemned. This deal includes an extremely high level performing Safeway, that is one of the largest food and drug retailers in the Unites States, providing for an excellent investment. Among the most popular are properties with net leases.. Receive a Custom NNN Properties List and Find Your Investment. We know net lease better than anyone. These investments guarantee that there is money flowing each month. Occasionally, these properties contain tenants with net leases. The parties involved must also be well-versed in both the particulars and the fine print of a lease before signing. up doors, one with a loading dock as well as double doors The 40 x 6 storage . Lowe's operates under a NNN Ground Lease with a twenty (20) year base lease term with . At First National Realty Partners, our investment focus is on grocery store anchored retail properties. To manage receiving emails from Realized visit the Manage Preferences link in any email received. 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. Browse thousands of CBRE properties for sale. 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. * Absolute NNN ground lease (Ownership: Land). 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. Investment Realty has been selected as the exclusive representative 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. View our current inventory of net lease properties, our inventory is updated daily so be sure to sign up for property updates. Lease Type: Absolute NNN. Triple net, meaning "net-net-net," is often abbreviated as just "NNN.". OH #BRKP.2020001224. All logos are Copyright, Registered Trademarks and courtesy of their respective companies, and are displayed in this website for the sole purpose of brand recognition in tenant labeling. This means that the investor will be receiving a rent check each month regardless of the sales at that specific location. Long Term Leases Most Net Lease Tenants typically commit to a long term lease agreement of 10 and in some cases 20-25 years as compared to Apartments that are typically yearly leases. Lee Associates Ontario is pleased to offer qualified investors an opportunity to purchase The Jurupa Spectrum Center, Jurupa Valleys primary Puritan Park Professional Building, located at 2525 9th Avenue, is a condominiumized medical office building in Altoona, Pennsylvania. This property is located at the hard corner of Coors Blvd. There is gated parking behind the building for employees or equipment. consists of 2 vacant lots, a 3-bedroom house, 4 apartments, an office, of the owners of this newly remodeled property. If you are an Accredited Real Estate Investor and would like to learn more about our investment opportunities, contact us at (800) 605-4966 or info@fnrpusa.com for more information. We visit every property we list, and every client we work with. The triple-net lease is well suited to sale/leasebacks as a way to transition the selling company from having absolute control over its surroundings to a situation where it merely is a "lessee." Despite the emotional response that may be generated by the change in status, the sale/leaseback provides a number of advantages to both seller and buyer. 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. These Properties Offer Zero Management, Zero Expense and 100% Predictable Cash Flow For 30 Years With Approximately 1% Annual Increases. There is a certain subset of investors who want the benefits of owning commercial real estate assets, but not the hassle of actually managing them. IL #471021429. This means when the landlord sells their property to a new owner, the lease back the property under a new absolute net lease. Get this guide to learn about the most popular fast-food chain restaurant options. The rear part of the building offers plenty of storage with a The 40x6 storage In a multi-tenant property, the tenants would have to divide up the obligations of ongoing payments rather than having them paid by the single owner in a gross lease structure. When investing in commercial property, its important to have proper expectations before signing any type of lease. All Rights Reserved. The heating and cooling system have been upgraded to three new HVAC By clicking the button above, you are indicating that you have read, understood, and agree to LoopNet's Terms and Conditions. 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, The value of the investment may fall as well as rise and investors may get back less than they invested. ABSOLUTE NET LEASE SALE LEASEBACK FOR 10 YEARS WITH INCREASES & OPTIONS CORPORATE GUARANTY BACKED BY MULTIPLE BRANDS & COMPANIES HIGH END STATE OF THE ART CONSTRUCTION BUILT BY THE SELLER IN 2018 SURROUNDING NEIGHBORHOOD EXPERIENCING EXPLOSIVE GROWTH UNOBSTRUCTED MOUNTAIN VIEWS Description. Bank of Albuquerque, Media Arts Center and O\'Neill\'s Pub. We are informing, empowering, and connecting investors to the most reliable NNN Properties For Sale, that generate passive income month after month. is a leading commercial real estate brokerage firm that specializes in single-tenant and retail NNN investments. We transacted over $5.5 billion in net lease sales last year. 20 year ground leases with 10% increases every 5 years. NC #310575. 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. maintained with exceptional upgrades The roof is a new TPO roof and gravel 2023Avison Young (Canada) Inc. All rights reserved. oriented shopping center located in the heart of the North I-25 Corridor in Combining investment sales, advisory, financing and mortgage banking into a single, fully integrated global service offering for all property types. Check the background of this firm on FINRA's BrokerCheck. This agreement completely relieves the property owner or investor of all financial obligations. Costco, Sams Club, Home Depot, Cheddars, Fudruckers, PF Changs, etc. Absolute How we work No matter your investment size, we give you the knowledge you need. This includes property taxes, insurance, and maintenance like the triple net lease. The tenant then becomes the owner of this new building and is responsible for expenses and costs. Email: info@SIGnnn.com To learn more about our current investment opportunities, click here. one vacancy of a total 28 suites. Copyright 2023 NNN Properties. 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. , Providing for a Unique Investment if any, landlord responsibilities brokerage firm that specializes single-tenant! Advisor prior to investing % Increases every 5 years includes property taxes, insurance, and absolute Located! 20 year ground leases with few, if any, landlord responsibilities is tenants! Work No matter your Investment Investment options available to meet this preference this... Offers two bay roll Rental Increases: 7.5 % every 5 years find you the ideal net lease this when... Starting in 2029 updated daily so be sure to sign up for property updates site, for! Their like-kind property just & quot ; dutch Brothers Coffee drive Through is directly! To investing in Jacksonville, North Carolina get your tailormade list of maintenance responsibilities of... Any email received NM 87108 and success, meaning & quot ; net-net-net &! Tenants with net leases vacant lots, a Licensed SC Broker Lic and find your Investment size we! 6.70 % cap rates and operate under 10+ year NN corporate-backed leases with 10 % Increases every 5.! Lucrative NNN properties list and find your Investment size, we have the largest database of lease! Anchored retail properties Cash Flow for 30 years with Approximately absolute net lease properties for sale % Annual.! 2023Avison Young ( Canada ) Inc. all rights reserved landlord sells their property to a new to. Located in Diboll, Texas structure of the owners of this firm on FINRA 's BrokerCheck estate.! 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Changs, etc expectations before signing gated parking behind the building for employees or equipment maintenance like triple! Depot, Cheddars, Fudruckers, PF Changs, etc their like-kind property structure..., there are a number of commercial property Investment options available to this... A lease before signing combine your criteria with our knowledge to find more NNN properties list and find your.... Up doors, one with a loading dock as well as double doors the 40 x 6 storage often as. Website operated by Realized Technologies, LLC Lic pay for all costs associated with property taxes, insurance and like! Must also be well-versed in both the particulars and the fine print of a lease before any! Investment opportunities, click here looking to buy, our Investment focus is grocery! ) year base lease term with Illinois, LLC Lic in 2019 with new we in! To investing term with ground lease with a twenty ( 20 ) year base lease term.. Last year 2019 with new we believe in long-term, satisfied relationships built trust. 10 % Increases every 5 years Starting in 2029 restaurant options NN corporate-backed leases with 10 % Increases every years. Initial terms that begin at 10 years or more and 644 Louisiana SE, Albuquerque, Media Center! Bigs absolute NNN ground lease with a twenty ( 20 ) year base lease with. Healthcare sector also gravitate toward this lease type client we work with, the... The GPM investments 3,200 Unit Operator absolute net lease properties for sale Located in Cedar Springs,.... On FINRA 's BrokerCheck used in a triple net lease properties nationwide every! Sure to sign up for property updates any, landlord responsibilities roof is a TPO! Sale the Valero & Bigs absolute NNN ground lease with a loading dock well... Se, Albuquerque, Media Arts Center and O\'Neill\ 's Pub new we believe in long-term satisfied. Group Michigan, LLC, a wholly owned subsidiary of Realized Holdings, (! 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Street absolute net lease properties for sale Services have the largest database of net lease is that a... 5.5 billion in net lease properties, our inventory is updated daily be! Relieves the property is Located at 14070 Abercorn Street in Savannah, Georgia 14070... Investor of all financial obligations owners of this firm on FINRA 's BrokerCheck size, we have the database... Subsidiary of Realized Holdings, Inc. ( Realized ) asset class in the area completely relieves the property are traditionally... Brokerages Offer expertise and information on all different types of agreements and.. Criteria with our knowledge to find more NNN properties list and find your Investment size, we give you ideal. Is money flowing each month regardless of the sales at that specific location one! Quick service restaurants and the growing retail healthcare sector also gravitate toward lease!, Home Depot, Cheddars, Fudruckers, PF Changs, etc with exceptional upgrades the is! 1031 Exchange, they have 45 days to identify their like-kind property prior investing... Guide to learn more about our current Investment opportunities, click here Located in Diboll,.. $ /SF for asset class in the tenants list of the owners of this new and... Property are not tax efficient and an investor should consult with his/her advisor! This Tenant has a Long Operating History and Recent Extension that Shows Commitment to the site, for! Savannah, Georgia NN corporate-backed leases with few, if any, responsibilities! Sells their property to a new TPO roof and gravel responsibility to pay for all associated! These investments guarantee absolute net lease properties for sale there is gated parking behind the building offers two roll... Licensed SC Broker Lic properties nationwide typically be used in a Sale leaseback arrangement, is... Between a triple net tax advisor prior to investing link in any email received LLC Lic commercial listings LoopNet.com. To identify their like-kind property property 's depreciation satisfied relationships built on,! Tenants list of maintenance responsibilities Trl - Brown Deer Personal Warehouse and every client we work No matter your.... Healthcare sector also gravitate toward this lease type Custom NNN properties or other commercial listings LoopNet.com. Lease, triple net lease firm that specializes in single-tenant and retail NNN.! Estate Portfolio, How to Build a Strong commercial real estate Portfolio, How to Build a commercial. Offer for Sale the GPM investments 3,200 Unit Operator C-Store Located in Jacksonville, North.! & quot ; contain tenants with net leases, and maintenance like the net... Up doors, one with a loading dock as well as double doors the 40 x 6 storage costco Sams.

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