Indianapolis, Indiana – We have information today on a pair of net leased properties deals. The first Net Leased Property is a Burger King that came with a Corporate Lease. This Investment Property is a 2,675 square foot, single tenant net-leased property. It is located in Indianapolis, Indiana, home of the Indy 500. The Net Lease Investment sold for $960,000. This Net Lease Investment with Burger King as Tenant was built in 1999. Also the main benefit of this net leased property, it has an Absolute Triple Net Lease (NNN) guaranteed by the Burger King Corporation. Some information on the Investor is they are a New Jersey investor. This Investor owns and operates multi family properties and was looking for a less management intensive asset with solid cash flow. These types of Absolute Triple Net Lease Properties (NNN) are ideal for a 1031 Exchange Property.
The other net leased property transaction was in New Jersey. Caldwell Car Wash, a 2,000-square foot, single-tenant net-leased property in Caldwell, New Jersey. This Investment Property was sold for a price of $875,000. Commercial Brokers worked on behalf of the seller, a local investor. The Investment Property was built in 1987 and sits on a lot size of a 7,777 square feet. Caldwell is approximately 20 miles north west of Elizabeth, New Jersey.
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
Are you considering acquiring a “NNN” Triple Net Lease Property? 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 & similar passive investments. 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.