Triple-Net-Lease-Properties
Baltimore, MD – We would like to revisit an older transaction to use as an example of a Triple Net Lease Property transaction.
A Commercial Real Estate Investment firm, acquired a portfolio of four Popeye’s Chicken and Biscuits restaurants from two of the largest Popeye’s mid-atlantic franchisees. The franchisees were Essential Chicken, Inc. and B&T Foods, Inc. These 2 Franchisees together own and operate 30 units in Maryland and in Delaware.
In connection with the financing, each of the properties is encumbered by a 20 year Triple Net Lease. The Seller utilized the proceeds to retire existing debt.
This is a great example of having Cash available. This approach having the availability of capital in tight credit markets and familiarity with the intersection between structured finance and real estate got this deal done quickly.
The Popeye’s Triple Net Lease Properties are a nice substitute to quick service restaurant such as Checkers – Rally’s, KFC, Taco Bell and Arby’s.
Sell Net Lease Investments
Feel free to Contact us now to sell your existing Net Lease Properties portfolio. We have relationships with 1,000’s 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.
To obtain quotes on CTL financing or Non-recourse Loans and mezzanine loans or a variety of commercial real estate loan scenarios contact Loanrise.com.
List of other Retail Single Tenants that may be available as a Net Lease Property:
•AutoZone Net Lease Property
•Burger King Net Lease Property
•CVS Net Lease Property
•FedEx Net Lease Property (Federal Express Net Lease Property)
•Home Depot Net Lease Property
•Kohl’s Net Lease Property
•Kroger Net Lease Property
•Lowe’s Net Lease Property
•McDonald’s Net Lease Property
•Publix Net Lease Property
•Safeway Net Lease Property
•Staples Net Lease Property
•Target Net Lease Property
•Walgreens Net Lease Property
•Wal-Mart Net Lease Property
•Wendy’s Net Lease Property