Ventura County, California – Our NNN Commercial Real Estate information this afternoon is on various types of NNN Property. One of the recently sold Properties is a Single Tenant Net Leased Property and another is a mixed-use industrial – office Net Lease Property. Many of our NNN Commercial Real Estate investors are seeking high quality Triple Net Lease Properties.
NNN Commercial Real Estate was recently acquired by Professional Document Services Inc., a legal service document company. This NNN Commercial Real Estate Development sold for about $2,663,499. ProDoc purchased Buildings C and D at 875 Patriot Drive. Professional Document Services Inc. acquired units C and D at 875 Patriot Drive, Building F in Moorpark, CA, from M.W. Ossola & Associates Inc. for $2.66 million or $162.50 per square foot. The NNN Commercial Real Estate development is situated in Moorpark, California with 93021 as the zip code. Commercial Real Estate Brokers who have an expertise in Triple Net Lease Properties put this deal together for an industrial building with about 16,400 square-feet of space for a net lease.
The NNN Commercial Real Estate that was acquired is in The Patriot Commerce Center. This development of NNN Commercial Real Estate offers new state-of-the-art, mixed-use, industrial and office buildings. These NNN Commercial Real Estate Development were constructed in various shapes and sizes to suit small, medium and large business professionals. These Net Lease Properties are known as East Ventura County’s premier business park.
These NNN Commercial Real Estate Development also feature improved industrial buildings, 24 foot clear heights, and high image appeal. The Net Lease Properties have immediate access to the 23 freeway and 118 freeway. The Patriot Commerce Center NNN Commercial Real Estate project has medical office space also all and is surrounded by two major retail shopping centers. This NNN Commercial Real Estate project is anchored by a new medical building with Urgent Care and Los Robles as net lease property tenants.
The other Net Leased Property to report on is in the Los Angeles, California Net Lease Properties district. A rare West Los Angeles Starbucks net leased property was sold by Olive Investment Group. A California Commercial Real Estate Broker who specializes in Net Leased Properties helped to procure the sale of this Commercial Property leased to Starbucks. This single Tenant net lease property sold the Starbucks Building even though it did not have the usual Los Angeles Drive-Through.
The Starbucks Net Leased Property is located at 12313 Jefferson Blvd, in Culver City, California. The California Net Lease Property has the zip code of 90230. This Commercial Property is situated in Los Angeles County. The Starbucks Net Lease Property benefits from the location on the northeast corner of Jefferson Boulevard and Centinela Avenue. This Los Angeles area is known for extensive retail traffic. The Commercial Property investment also benefits from both streets is sits on. These commercial zoned streets are major traffic thoroughfares and commercial corridors that provide direct access routes to the (90) Marina Freeway.
This Los Angeles Commercial Property Investment is positioned at a high traffic intersection which averages a traffic count in excess of 40,111 cars a day (VPD). This net leased property uses this high traffic location to their advantage while be surrounded by a densely populated retail district with about 224,344 people in a three-mile radius. Also this California Net Leased Property benefits from over 624,557 people in a five-mile radius, These California retail customers have an average household income of more than $90,373.
The commercial property buyer was a Private Investor who is based in Los Angeles County. The California private investor paid approximately $2.696 Million which equates to about $1,189 per square foot. The Starbucks Net Leased Property was constructed in 2007, and the commercial property is a single story retail building. Commercial properties with a corporate guaranteed lease by Starbucks are favored by NNN Commercial Real Estate Investors. This California Commercial Property has a building that is around 2,249 square feet. The commercial zoned lot is about 13,939 square feet, which is not very large for this net leased property.
This Starbucks Commercial Property Investment is strategically situated between the premier city of Marina Del Rey to their northwest, the bustling Playa Del Rey to the southwest, Loyola Marymount University and Westchester to the southwest. Obviously these Los Angeles area have ample customers to help this Commercial Property pay down their Commercial Loans. Also, this Starbucks net lease investment is has the Del Rey district to the northwest, LAX International Airport to the South, and the gorgeous Pacific Ocean to the West. NNN Commercial Real Estate Investors enjoy the Texas, California and southeast area of the Country for Creating Wealth through Ownership.
Contact Net Lease Properties to sell your net lease properties, or purchase NNN Property for 1031 exchange opportunities.
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