Irvine, California – Our NNN Commercial Real Estate staff has been seeking Grocery-anchored Retail Shopping Centers. The NNN Commercial Real Estate pool for (STNL) single-tenant net lease investments remains very strong. Some NNN Investment Property search results show Orange County, California and San Bernardino County, with quality NNN Commercial Real Estate. We found a net lease Property with a sale of a single-tenant Fresh & Easy Neighborhood Market.
CTL Financing for Commercial Properties
Fresh & Easy Neighborhood Market has prototype stores, which use skylights and oversized windows to bring in more natural light. Also their prototype retail stores use overhead lights that automatically dim when there is enough natural light to save energy. This net lease property is not a prototype store, although we have seen them as a fine NNN Investment Property. There is plenty of funding available for CTL financing, for secure and stable, single-tenant investments. The most suitable NNN Commercial Real estate has long-term net-leases with minimal or zero Landlord responsibilities.
Use the 1031 Exchange for Wealth Building
This Net Leased Property is in Loma Linda, California. The purchase price of this Commercial Real Estate was $2,865,000, making this a 6.6% cap rate. This type of Investment Property works well with a 1031 Exchange. San Bernardino County, and Southern California’s Inland Empire region, is a key market for Tesco’s planned Fresh & Easy Neighborhood Market empire.
Loma Linda is located in the San Bernardino Valley and is part of the Inland Empire. This area of California is ideal for triple net lease properties. It is bordered on the north by San Bernardino, on the east by Redlands, on the west by Colton, and on the south by Riverside County. A small area of unincorporated territory separates Loma Linda from the city of Moreno Valley to the south.
Investment Property with Single Tenant
This Commercial Property is a 15,000-square-foot single-tenant net leased property. The Tenant, Fresh & Easy Neighborhood Market does business at 25694 Redlands Boulevard in Loma Linda. The Investment Property is situated at the signalized intersection of Redlands Boulevard and Mountain View Avenue. The buyer of this Commercial Real Estate was Downtown Gateway, a California limited partnership based in Los Angeles, California. The Investment Property seller, MV Investors, Inc. was also from Los Angeles, California.
This Commercial Real Estate sits on 2.1 acres and is a prime parcel in a highly synergistic retail area. The net leased property was built in the early part of 2009. Fresh & Easy is a subsidiary of UK-based Tesco, the third largest retailer in the world and the largest retailer in the UK. Tesco currently operates over 3,200 stores across 12 countries.
Benefits of a Hard Corner Lot
This Commercial Real Estate benefits from a hard corner signalized location that gives an average daily traffic count of over 42,000 cars per day. This type of traffic is fantastic for triple net lease properties. Also the net leased property is located within an affluent residential neighborhood, making this Net Leased Property well-positioned for long-term success.
NNN Commercial Real Estate has become very popular for 1031 exchange solutions. A 1031 Exchange allows for investors to defer capital gains taxes and the NNN Investments free them from property management. Currently, a wide range of NNN properties exist for sale with opportunities nationwide.
Examples of NNN Commercial Real Estate:
Office Buildings and Office Parks
Apartment Buildings
Tenant-In-Common (TIC) Properties
Industrial Properties and Distribution Warehouses
Retail Shopping Centers and Triple Net Lease Properties
Contact us to sell or buy Commercial Properties such as this one below in Florida today.
