Farmington Hills, Michigan – Our information today is on Net Lease Properties with a pharmacy – Drug Store tenant. We see that Agree Realty Corporation (NYSE: ADC) has announced it has acquired a retail property, single tenant net lease investment. This Net Leased Property is net leased to CVS/Caremark Corporation and is located in Atchison, Kansas. The cost of the Commercial Real Estate acquisition was approximately $4,213,000.
Agree Realty is engaged in the ownership, management and development of properties which are primarily single tenant net leased properties. They are also involved with neighborhood community shopping centers, leased to retail tenants.
A Net Lease is where the tenant agrees to pay for ownership expenses, including utilities, repairs, insurance and taxes. Net Lease Properties can be everything from a Walgreen’s, Home Depot Tenant or Burger King as Tenant. Other net lease properties include bank building sites such as Bank of America, Chase or BB & T. Some of our favorites are McDonald’s, Wendy’s and Taco Bell or Walmart, Publix and Kroger Grocery Stores. You can also invest in other Net Lease Properties such as an auto part stores like Advance Auto or AutoZone.
Triple Net Lease Properties & Commercial Loans
Feel free to Contact us HERE to purchase various net lease investments. Also Contact us HERE to sell your existing Net Lease Properties portfolio. We have relationships with plenty of commercial real estate investors interested in purchasing net lease investments. We provide tremendous marketing and exposure for your net lease properties, resulting in the highest pricing and quicker closings.
If you are ready to purchase a Net Leased Property, Loanrise.com can assist you with CTL Financing or Commercial Loans or Non Recourse Loans.