Exchanging properties also hold a wealth of tax benefits beneficial to investors. This Deal Includes a 20 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities With Attractive Strong 3% Annual Rent Increases, Providing For a Secure Investment. Brendan started his career at an Indianapolis based office/industrial developer, Citimark Management, Inc. in 2004. 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. #264531 BoR: Scott Reid Lic. 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. 5700 Capitol Dr - Midtown Center. In commercial real estate, several types of leases accommodate a range of different economic responsibilities between the tenant and investor. Gallery 3. You may enter a US or Canadian location in the following formats: Yes, I want to receive LoopNet's weekly newsletter "LoopNews" and information about LoopNet promotions and special offers. The absolute net lease is a variation of a triple net lease. 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. 9655 Valley Blvd - NNN Property Rosemead, California Renewal Options: 8 x 5 Years. All Rights Reserved. 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, Instagram, By submitting your information and signing up for email updates, you agree to SIG Online Terms of Use. Most absolute net leases also are with credit/national tenants that carry a corporate guaranty. Portfolio of 3 Properties - Portfolio of 3 Properties. Search for NNN Properties for Sale and Lease. To develop and broker commercial real estate at above average returns for below average risk for ourselves and our business partners. Renovated in 2019 with new Both floors have At First National Realty Partners, our investment focus is on grocery store anchored retail properties. 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. This Opportunity Serves as the Ideal 1031 Exchange Asset, Providing For a Unique Investment. The property has excellent curb Team members are committed to providing institutional quality service to their clients with flexibility and speed through collective team experience and relationships while sharing proprietary real-time market information and technology. 2023Avison Young (Canada) Inc. All rights reserved. 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. A brand new The primary exposure is in the tenant's risk rating since the property will typically house just one. This includes property taxes, insurance, and maintenance like the triple net lease. Retail property for sale at 3061 US-42, Delaware, OH 43015. Absolute Investment Realty has been selected as the exclusive Check the background of this firm on FINRA's BrokerCheck. Investment Realty has been selected as the exclusive representative Are Grocery Stores and Supermarkets Good Investments? Albuquerque, NM. View OM. All of which are on monthto-month leases. easily accessible location from all directions. Sands Investment Group is Pleased to Present For Sale the Red Lobster Absolute NNN Located in Talleyville, Delaware. How we work No matter your investment size, we give you the knowledge you need. This includes construction of the building and paying for the day-to-day operations of the business. Single Tenant Net Lease Office Space | Suwanee, GA. 500 Buford Hwy - Suwanee, GA 30024. 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. There is gated parking behind the building for employees or equipment. 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. Tell me about your goals, needs, timeframe, risk tolerance, and budget. representative of the owner of the Cinema Center a destination dining 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. 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. 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. Fresh stucco was added 3 months ago. The main different from absolute NNN leases and absolute NNN ground leases is the ground leases involve the land, or ground. Everything you need to know to become a more confident, informed, and profitable investor. Realized1031.com is a website operated by Realized Technologies, LLC, a wholly owned subsidiary of Realized Holdings, Inc. (Realized). No matter your investment size, we give you the knowledge you need. Additionally, commercial real estate brokerages offer expertise and information on all different types of agreements and investments. 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. Browse all of LoopNet's NNN Property listings and other commercial real estate including Land, Multifamily Apartments, Retail and Office Buildings, Industrial Property, Hotels and Motels, Shopping Centers and much more. MI #6502424113. Lease Type: Absolute NNN. We visit every property we list, and every client we work with. Lowe's operates under a NNN Ground Lease with a twenty (20) year base lease term with . Triple net lease real estate for sale. Register for a proprietary account today offering real estate principals exclusive access to: our comprehensive tenant investment summaries, NNN Buyer's Guide, or quarterly market research reports;; our exclusive listings and off-market property inventory;; our proprietary National NNN Listings Database in which we aggregate, vet and underwrite all of the premier on and off-market net lease . Absolute Investment Realty has been selected to exclusively represent the 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 . office building is +/-5,645 SF on 0.22 acres of land. Absolute Investment Realty has been selected to exclusively represent the CBRE Net Lease Properties is a team of Capital Markets professionals who specialize in the sale, purchase and recapitalization of single tenant net leased properties in the U.S. Connect to Deal Flow, connect to the world. maintained with exceptional upgrades The roof is a new TPO roof and gravel Sands Investment Group is Pleased to Present For Sale the 2 Unit Jiffy Lube Portfolio Located in Chicago, Illinois. Click the button below to receive your custom property list. About. 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 strict lease alleviates the landlord/owner/investor from having to pay any money out of pocket from insurance, taxes, maintenance, repairs, structure, landscaping, etc. square footage in the state of NM and some of the highest traffic counts in the Map View. Our goal is to provide you with utmost attention. To learn more about our current investment opportunities. mezzanine. This structure provides an advantage to the tenant of predictable rent costs and usually lower increases than the overall market may offer. Investors and tenants can avoid confusion between NNN leases and absolute net leases by performing ample research on the different types of leases. A net lease agreement is the opposite. #100085004, In Cooperation With Sands Investment Group, A Licensed SC Broker Lic. Best $/SF for asset class in the area. Copyright 2022 SIGnnn.com - All Rights Reserved. The tenant pays for property taxes, insurance, and maintenance of the roof, structure, and common areas of the NNN property. In Cooperation With Sands Investment Group Illinois, LLC Lic. Ask us any question; come to us for anything. 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. This includes property taxes, insurance, and maintenance like the triple net lease. Recent Renovations: Subject property [], New High-Quality 2020 Construction. 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. Cap Rate: 6.55%. Retail Services offers global reach and the capability to serve retailers, restaurateurs, owners, investors and developers across all retail environments. 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. In this six-part series, our CBRE capital markets and research experts explore where global capital is migrating today. However, the roof and structure of the property are not traditionally included in the tenants list of maintenance responsibilities. Registered Representatives and Investment Advisor Representatives may only conduct business with residents of the states and jurisdictions in which they are properly registered. The center is known as a destination for neighborhood shopping and Tenants like this structure for its simplicity and property owners like it because they can charge higher rents. Top-quality, national retail chains are prospective tenants for absolute net leases, preferring the control of long-term, lower rent leases with prime locations. 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. $367,500 - $735,000. Absolute Investment Realty has been chosen as the exclusive leasing Sign up for our email list today. 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. Occasionally, these properties contain tenants with net leases. # 132680, Broker Not Licensed in CO. Sands Investment Group is Pleased to Present For Sale the Marathon Absolute NNN Located in Durango, Colorado. And, within those real estate assets, private equity firms may or may not invest in properties that have absolute and/or triple net leases. This Deal Includes an Absolute Triple Net (NNN) Property With Zero Landlord Responsibilities, Providing For a Secure Investment. Sands Investment Group is Pleased to Present For Sale the Industrial Absolute Net Located in Jacksonville, North Carolina. If you are looking to buy, our team will combine your criteria with our knowledge to find you the ideal net lease investment. Quick service restaurants and the growing retail healthcare sector also gravitate toward this lease type. The tenant then becomes the owner of this new building and is responsible for expenses and costs. Difficult tenants, unpredictable maintenance or repairs, Brokers that represent sellers and not the buyers interest, Youre losing money, and your income is unpredictable, How to Convert 1031 Property into Personal Property. 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 up doors, one with a loading dock as well as double doors The 40 x 6 storage 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. Combining investment sales, advisory, financing and mortgage banking into a single, fully integrated global service offering for all property types. in the fast -growing west side trade area of Albuquerque. Copyright 2023 NNN Properties. Generally, these tenants should be of very high reliability since the lease is not terminable in most cases. When a property is advertised as a NNN lease, the investor may make the purchase under the assumption that all expenses are the tenants responsibility and unintentionally incur a massive financial expenditure in the future. Sands Investment Group is Pleased to Present For Sale the Pure Taqueria Absolute NNN Located in Birmingham, Alabama. How to Build a Strong Commercial Real Estate Portfolio, How to Invest in Shopping Centers Through a Private Equity Real Estate Firm. Auction Sale. uses. well maintained Last remodeled in 2006 The new roof is sloped with vinyl Sands Investment Group is Pleased to Present For Sale the SQRL Gas Station and C-Store Absolute NNN Lease Located in Russellville, Arkansas. Property is directly off Louisiana just south of Central, this property is in an easily accessible location from all directions. Among the most popular are properties with net leases.. This Deal Includes 14.2 Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Providing 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 . To develop and broker commercial real estate, several types of leases in Jacksonville, North.. Experts explore where global capital is migrating today SF on 0.22 acres of.. Is responsible for expenses and costs, financing and mortgage banking into a single, fully integrated global service for! Be of very high reliability since the lease is a variation of a triple net ( NNN absolute net lease properties for sale with!: 8 x 5 Years across all retail environments been chosen as the Ideal net is! The lease is not terminable in most cases NNN ) property with Zero responsibilities. Is directly off Louisiana just south of Central, this property is in easily. 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