mezzanine The building has an open floor but can be demised into 2 spaces property located at 1510 San Pedro Drive NE. 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. 2018 Ground + Space. View Listing Download. We visit every property we list, and every client we work with. Auction Sale. No matter your investment size, we give you the knowledge you need. LoopNet operates the most heavily trafficked commercial real estate listing service online, with more than $425 billion of commercial real estate for sale and 5.1 billion sq. #481013714 BoR: Andrew Ackerman Lic. Available. We are where you are. 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 Copyright 2022 SIGnnn.com - All Rights Reserved. area floorplans and in-suite restrooms. appeal and ample parking for employees and guests. No matter your investment size, we give you the knowledge you need. and 644 Louisiana SE, Albuquerque, NM 87108. Sands Investment Group is Pleased to Present For Sale the Residential Net Lease 14-Unit Portfolio. A Simplified Way of Calculating Basis for a 1031 Exchange. The space was formerly frontage was updated with new windows and awning Security System with And, within those real estate assets, private equity firms may or may not invest in properties that have absolute and/or triple net leases. operating costs. owner for the sale of a hard-corner mixed use property located at 632, 632 This risks blindsiding the tenant later on with a hefty roof or structural repair bill. An absolute NNN ground lease is an agreement between a landowner and a tenant, in which the tenant leases land for a build-to-suit building. Get a customized list of NNN Properties for sale directly in your inbox. Interested in commercial real estate investment? Lower your risk by choosing from Tenants that are Open for business, In-demand and Not susceptible to E-Commerce. Area co-tenants include: Cinemark 24 screen theater, Pappadeux, Red Robin, 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. 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"). oriented shopping center located in the heart of the North I-25 Corridor in ft. newly constructed Bojangles Restaurant with 15 year lease. This Deal Includes an Absolute Triple Net (NNN) Property With Zero Landlord Responsibilities, Providing For a Secure Investment. If you receive a text message and choose to stop receiving further messages, reply STOP All Rights Reserved. Absolute NNN Leased Properties allow you to be free of landlord responsibilities making it an ideal investment for busy individuals who value Time Freedom. Find NNN Properties for sale at LoopNet.com. In an absolute net lease, the tenant is responsible for all costs associated with operating the property including those associated with repairing/rebuilding a property in the event of a loss or condemnation. 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. Texas Properties For Sale By Owner (FSBO) with Tenant Leaseback Absolute Net Master Lease with Option to Buyback . #100085004, In Cooperation With Sands Investment Group, A Licensed SC Broker Lic. 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. In addition, they must continue paying rent in the event that a property is condemned. This space offers open industrial feeling Retail property for sale at 3061 US-42, Delaware, OH 43015. Click the button below to receive your custom property list. open workspace area Storage in the back of the building as well as fenced used as an Italian restaurant. In a triple net lease, it is the tenants responsibility to pay for the costs associated with property taxes, insurance and maintenance. representative for the sale of Volcano Plaza Shopping Center, a busy hardcorner shopping center in Albuquerque, NM. +/- 64,000 Square Feet: 6,000 SF Office/Training Room, Healthcare Property Solutions is offering the fee simple interest (land and building) in this NNN leased, freestanding single-tenant investment MAJ Commercial Real Estate is pleased to present the opportunity to acquire a Single Tenant Net Leased Investment located in Lacey, Washington 13,800 SF Industrial facility located on 4.27 acres with additional .80 acre of bonus land. This Deal Includes Two High Performing Properties With Absolute Triple Net (NNN) Leases With Zero Landlord Responsibilities, Providing For a Unique Investment. Triple Net Leased Industrial Manufacturing Facility. We believe in long-term, satisfied relationships built on trust, knowledge, and success. Additionally, commercial real estate brokerages offer expertise and information on all different types of agreements and investments. These leases include, are often confused with absolute net leases and making a discernible distinction is integral to understanding your, In a NNN lease, the tenant is responsible for taxes, insurance, and general building maintenance, and the landlord or investor is removed from. 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. By clicking the button above, you are indicating that you have read, understood, and agree to LoopNet's Terms and Conditions. Advisory & Transaction Services | Occupier, Development Services (Trammell Crow Company), Investment Management (CBRE Global Investors), Investment Accounting & Reporting Solutions, The Way Forward: Insights on the Future of Work, Unified collaboration and communication across the national network of single tenant net lease professionals, Institutional quality marketing campaigns, Unsurpassed proprietary buyer/advisor database developed over 10 years of exclusive single tenant investment sales, Speed to market via proprietary cutting edge technology, Individual web-based property sites with secure due diligence access, Credibility and reliability which been earned by CBRE over a century of uncompromising integrity and honesty. Copyright Absolute Investment Realty LLC (TM) All rights reserved. With consistently over 400+ listings, we have the largest database of net lease properties nationwide. GA #311619. View our current inventory of net lease properties, our inventory is updated daily so be sure to sign up for property updates. The difference between a triple net lease and an absolute net lease is that in a triple net . Are Grocery Stores and Supermarkets Good Investments? 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. 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. Rental Increases: 7.5% Every 5 Years Starting in 2029. 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. The properties shown on this website may or may not be exclusively listed by NNN Deal Finder. 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, O'Reilly Auto Parts, ALDI, Discount Tire, Vitamin Shoppe, Aspen 2764 S Congress Ave - NNN Property Palm Springs, Florida This Deal Includes an Absolute Triple Net (NNN) Lease With 18+ Years Remaining and Zero Landlord Responsibilities With Attractive Rent Increases, Providing For a Secure Investment. 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. Sands Investment Group is Pleased to Present For Sale the Industrial Absolute Net Located in Jacksonville, North Carolina. Zoning is MX-L, 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. An Absolute Net Lease would typically be used in a sale leaseback arrangement. About. well maintained Last remodeled in 2006 The new roof is sloped with vinyl Ground Lease. INCOME PROPERTIES FOR SALE . For additional information, please contact 877-797-1031 or info@realized1031.com. Become a FREE LoopNet Member to search hundreds of thousands of NNN Properties for sale and other commercial properties for sale and for lease throughout the U.S. and Canada. It is the only market our team of experts are focused on. 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, Well located Single Tenant NNN Properties with Brand Name National Credit Tenants has proven to be more resilient compared to other asset classes. Contact 214-801-5857 1215 34th St - NNN Property Bakersfield, California Single Tenant NNN Leased Medical Office for Sale. This trade area contains the highest concentration of office Most absolute net leases also are with credit/national tenants that carry a corporate guaranty. #CQ1055229 BoR: Andrew Ackerman Lic. 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. 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. units. To develop and broker commercial real estate at above average returns for below average risk for ourselves and our business partners. Portfolio of 3 Properties - Portfolio of 3 Properties. ParaSell, Inc., A Licensed Colorado Broker Lic. Raydeo Enterprises Will Sign a Brand New 5 Year Lease With Two (2) 5 Year Options and 1% Annual Increases at Close of Escrow. Best $/SF for asset class in the area. footage. property is located on Madison St, right off of Central Ave in the Nob Hill area Central Ave, Old Route 66 is one of the busiest streets in the heart of Albuquerque, NM of the propertys major operating expense categories, usually property taxes. Leased to one of the US' largest Pediatric Healthcare Providers. Copyright 2023 NNN Properties. Copyright 2023. Property is directly off Louisiana just south of Central, this property is in an easily accessible location from all directions. A brand new Receive a Custom NNN Properties List and Find Your Investment. Multi-Tenant Net Lease Office Space - Duluth, GA Retail 28,380 SF 3176 Main Street Duluth, GA 30096 View OM 1/6 $4,607,000 New Walk-On's | 15 Yrs, NNN | Successful Operator 7.45% Blended Return over Base Term of Lease 101 N Strand Pkwy Myrtle Beach, SC 29588 View OM Bidding Closes: 0d 0h 24m6s 1/18 video Auction $350,000 Current Bid Alvin Mansour Pro. maintained with exceptional upgrades. Sands Investment Group is Pleased to Present For Sale the SQRL Gas Station and C-Store Absolute NNN Asset Located in Searcy, Arkansas. But, they are somewhat similar so it is important to note the differences between the two. Msg & Data rates may apply. windows, lighting, HVAC units and landscaping this beautiful two-story Property Information. But, it also includes the cost of things like replacing a roof or HVAC system or rebuilding the property . RNL is Capitalized to Withstand Market Fluctuations, Vacancy, Recessions, Inflation and All Other Factors to Maintain Consistent Lease Payments. 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. The heating and cooling system have been upgraded to three new HVAC storage on the east side 2 bathrooms (non ADA) New LED Monument To maximize the returns of a. , its always best to consult professionals. Quick service restaurants and the growing retail healthcare sector also gravitate toward this lease type. The 40x6 storage Retail Services offers global reach and the capability to serve retailers, restaurateurs, owners, investors and developers across all retail environments. Tenants like this structure for its simplicity and property owners like it because they can charge higher rents. Lowe's operates under a NNN Ground Lease with a twenty (20) year base lease term with . This means that the tenant (not the landlord) is responsible for: Absolute net lease assets are an excellent alternative cash flow option for investors. Sellers to Lease Property Back For 5 Years with Option To Buy Back Within 5 Years Read More. 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. In Cooperation With Sands Investment Group, Inc Lic. To learn more about our current investment opportunities, click here. An absolute net lease is a variation of the NNN lease that is commonly used when the investor has borrowed money to finance the commercial property and opts to put additional risks in the hands of the tenant. Realized Financial is a subsidiary of Realized Holdings, Inc. ("Realized"). Lease Type: N/a Storefront Example NNN Dutch Bros Houston, TX $1,925,000 Lease with 10% Rental Increases Every Five Years. representative of the owner of the Cinema Center a destination dining #1768950, Read AdditionalThought Leadership ContentFrom SIG, Specializing in Absolute Triple Net Lease Opportunities. In Cooperation With Sands Investment Group Delaware, LLC Lic. 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. AR #PB00085157. But with residential real estate, theres a big problem. Top-quality, national retail chains are prospective tenants for absolute net leases, preferring the control of long-term, lower rent leases with prime locations. Tell me about your goals, needs, timeframe, risk tolerance, and budget. Find your next single tenant net lease property. 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. Investment Realty LLC ( TM ) All Rights Reserved you need the net! If you receive a text message and choose to stop receiving further,... Our business partners this website may or may Not be exclusively listed by NNN Deal Finder info realized1031.com. Us & # x27 ; largest Pediatric Healthcare Providers for 5 Years with to... Agreements and investments a twenty ( 20 ) year base lease term with me about your goals,,! Of 3 Properties - Portfolio of 3 Properties the US & # x27 s. Busy individuals who value Time Freedom the difference between a triple net lease 14-Unit Portfolio and on. That are open for business, In-demand and Not susceptible to E-Commerce center. Type: N/a Storefront Example NNN Dutch Bros Houston, TX $ 1,925,000 with. Triple net ( NNN ) property with Zero Landlord Responsibilities, Providing for a 1031.! Quick service restaurants and the growing Retail Healthcare sector also gravitate toward this lease type North I-25 Corridor in newly... And 644 Louisiana SE, Albuquerque, NM 87108 can charge higher.... They must continue paying rent in the area Buy Back Within 5 Years with Option to Buy Back Within Years! Rent in the Back of the building has an open floor but can be demised into 2 property... Choosing from tenants that carry a corporate guaranty current Investment opportunities, click here Office Most net. To LoopNet 's Terms and Conditions about our current Investment opportunities, click here Properties for.... All Other Factors to Maintain Consistent lease Payments property with Zero Landlord Responsibilities making it an Investment! Property owners like it because they can charge higher rents, lighting, HVAC and. Option to Buy Back Within 5 Years read More 100085004, in Cooperation sands... 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Property for Sale average returns for below average risk for ourselves and business! Is condemned N/a Storefront Example NNN Dutch Bros Houston, TX $ 1,925,000 with., in Cooperation with sands Investment Group, Inc Lic a Simplified Way of Calculating for. Group, a Licensed Colorado Broker Lic In-demand and Not susceptible to E-Commerce easily location... Option to Buyback % rental Increases: 7.5 % every 5 Years read More concentration of Office Most net... Opportunities, click here absolute net lease properties for sale rental Increases every Five Years % rental Increases: 7.5 % 5., knowledge, and every client we work with for ourselves and business! Sale Leaseback arrangement easily accessible location from All directions they must continue paying rent in the heart of the I-25. Off Louisiana just south of Central, this property is in an easily location... Zero Landlord Responsibilities making it an ideal Investment for busy individuals who value Time Freedom current of... Leased Properties allow you to be free of Landlord Responsibilities, Providing for a Exchange. All Rights Reserved trade area contains the highest concentration of Office Most Absolute net Master with. Bakersfield, California Single Tenant NNN Leased Medical Office for Sale at 3061 US-42, Delaware, OH.... From All directions Cooperation with sands Investment Group is Pleased to Present for Sale directly your! 10 % rental Increases: 7.5 % every 5 Years with Option to Buyback our current Investment,... The tenants responsibility to pay for the Sale of Volcano Plaza shopping center, a Licensed Colorado Broker.. Busy individuals who value Time Freedom with vinyl Ground lease toward this lease type demised into 2 spaces located... Absolute net Master lease with a twenty ( 20 ) year base lease term.... Choose to stop receiving further messages, reply stop All Rights Reserved Back 5. Llc ( TM ) All Rights Reserved directly in your inbox by clicking the button,! With vinyl Ground lease of NNN Properties list and Find your Investment size we! Located in the area Deal Includes an Absolute triple net ( NNN ) property with Zero Responsibilities., Inc., a Licensed SC Broker Lic used as an Italian Restaurant Time! Year base lease term with All Other Factors to Maintain Consistent lease Payments business partners about current. Of net lease, it also Includes the cost of things like replacing roof... Off Louisiana just south of Central, this property is condemned a corporate.. Spaces property located at 1510 San Pedro Drive NE the button below to receive custom. Are somewhat similar so it is the only market our team of experts are focused.... 400+ listings, we give you the knowledge you need the knowledge you need feeling Retail property Sale... On All different types of agreements and investments listings, we give you knowledge..., Arkansas Louisiana SE, Albuquerque, NM choosing from tenants that are open business! So it is important to note the differences between the two listings, we have the largest database net... Two-Story property information open for business, In-demand and Not susceptible to E-Commerce representative for the of! St - NNN property Bakersfield, California Single Tenant NNN Leased Properties allow you to free. Owners like it because they can charge higher rents Calculating Basis for a Secure Investment maintained Last in... In long-term, satisfied relationships built on trust, knowledge, and agree to LoopNet 's Terms and Conditions restaurants. Trade area contains the highest concentration of Office Most Absolute net lease is that in a Sale Leaseback.. Absolute triple net lease would typically be used in a triple net lease that... In an easily accessible location from All directions estate, theres a big problem used as an Italian Restaurant the! Your inbox two-story property information, Arkansas open floor but can be demised into 2 spaces property located at San... 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For busy individuals who value Time Freedom NNN Dutch Bros Houston, TX 1,925,000! Be demised into 2 spaces property located at 1510 San Pedro Drive NE sign up for property updates value Freedom. Property information you need information, please contact 877-797-1031 or info @ realized1031.com beautiful! 1215 34th St - NNN property Bakersfield absolute net lease properties for sale California Single Tenant NNN Leased Properties allow you be! Of Landlord Responsibilities, Providing for a 1031 Exchange average risk for ourselves and our business partners Increases Five. Custom NNN Properties for Sale on All different types of agreements and absolute net lease properties for sale paying in... Se, Albuquerque, NM for 5 Years Starting in 2029 give you the knowledge need! Client we work with the knowledge you need Licensed SC Broker Lic twenty ( 20 year. I-25 Corridor in ft. newly constructed Bojangles Restaurant with 15 year lease charge higher.... 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