Port St. Lucie, Florida – We have information from Florida on acquisitions, today. Inland Real Estate Acquisitions Inc. has purchased two retail shopping centers in Port St. Lucie, Florida. Port St. Lucie is approximately 49 miles north of Palm Beach. The purchase price for these two retail shopping centers is for $73.7 million. These retail shopping centers were bought on behalf of Inland Diversified Real Estate Trust Inc. Inland Diversified Real Estate Trust, Inc. is a newly formed corporation that intends to be taxed as a Real Estate Investment Trust (REIT).
One of the net lease investments is a Publix anchored shopping center. The Tradition Village Center, which is anchored by a Publix grocery store is 112,421 square-feet. The REIT also bought a portion of another Investment Property. The other net lease investment is a 359,775 square-foot, called The Landing at Tradition. This property is a true power center.
The Publix Super Market is at Tradition Square at 10400 SW Village Center Drive, Port Saint Lucie. If you are in the area, don’t miss Kilwin’s. Kilwin’s is located at 10478 SW Village Center Drive, Port St Lucie. Kilwin’s has been a celebrated part of Northern Michigan since 1947, and has a reputation for its quality products and excellent service. Their fudge and desserts are great.
Commercial Real Estate Investors have discussed these quality assets, located in an upscale Sun Belt community. These Net Lease Properties serve the population’s current needs quite well and have the potential for long-term growth.
Recent reports had these net lease properties on the market for more than two years and the original asking price was $115 million. Both retail shopping centers are part of a recently-constructed master planned community in Port St. Lucie.
Many of these Absolute NNN Ground Lease Investments can be solid assets and well-positioned to build wealth over the long term. These are excellent choices for 1031 Exchange Properties.
- Arby’s NNN Ground Lease
- Burger King NNN Ground Lease
- Carl Jr’s NNN Ground Lease
- Checkers NNN Ground Lease
- Chick-Fil-A NNN Ground Lease
- Chipotle NNN Ground Lease
- Dunkin Donuts’ & Baskin Robbins NNN Ground Lease
- El Pollo Loco NNN Ground Lease
- Jack in the Box NNN Ground Lease
- KFC NNN Ground Lease
- Long John Silvers NNN Ground Lease
- McDonald’s NNN Ground Lease
- Panda Express NNN Ground Lease
- PDQ NNN Ground Lease
- Pizza Hut NNN Ground Lease
- Portillo’s Hot Dogs NNN Ground Lease
- Rally’s NNN Ground Lease
- Sonic Drive In NNN Ground Lease
- Starbucks NNN Ground Lease
- Steak N’ Shake NNN Ground Lease
- Taco Bell NNN Ground Lease
- Tim Hortons NNN Ground Lease
- Wendy’s NNN Ground Lease
- White Castle NNN Ground Lease
We have access to thousands of Net Leased Properties located nationwide whether you are looking for a specific tenant, location or set of terms. This allows us to be able to present an inventory of both Triple Net Properties & 1031 Exchange Property. Feel free to Contact us HERE to purchase various net lease investments.
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.