Home Properties Buyer Form NEWS! About 1031 NNN Contact Us About Us Links

FINANCIAL NEWS
Information on this website has been obtained from sources deemed reliable but not guaranteed. Investors should conduct their own independent investigations and rely only on those results.
Recent Company News
 
 
4/2008

Net Leased Investment Company has been staying active selling net-leased properties in Florida.  Most recently, the company sold an Amscot Financial in Rockledge (East coast).  With 2,700 square feet and located on .92 acres of land, the property sold for $1,075,000.  Net Leased also closed a Dunkin Donuts in Tavares. Located in a very high-growth area of Lee County, the 5,226 square foot two-tenant building sold for $1.6 million.  The company also sold a Dunkin Donuts in Margate for just over $1,000,000.  This property of 2,528 square feet is located on about 1/3 of an acre.  In Pennsylvania, Net Leased brokered the sale of another Charlie Brown’s Steakhouse. This one, located in Bloomsburg, consisted of 7,452 square feet on about 1.7 acres. The restaurant sold for $2.3 million.

 
 
3/2008 Net Leased Investment Company just recently listed four Dunkin Donuts sites in Sarasota and Port Charlotte, Florida. The sites range from single tenant and two-tenant to three-tenants strips. Sales prices range from $1,750,000 to $3,000,000.
 
 
2/2008 Net Leased recently sold an Insignia Bank in Bradenton, Florida.  With 3,213 total rentable square feet and located in the high-growth market of Manatee County, the property sold for $3,200,000. 
 
 
1/2008 Net Leased closed on  a portfolio of 5 separate CVS drug stores in Baltimore ranging in price from $1,500,000 to $2,400,000.  All with similar leases, the corporate stores had 8 years left on the initial term, but had renewal options ready to go.  The entire portfolio sold for $7,550,000 earlier this month.
 
 
1/2008 Net Leased kicks off 2008 with 3 more closings! In Florida, the company sold an Amscot Financial strip center with Papa John’s Pizza and Quizno’s Subs alongside.  With 6,400 total rentable square feet for the three tenants and located in the high-growth market of Orlando, the center sold for $2,770,000.  The company also sold two Charlie Brown’s Steakhouse restaurants in Pennsylvania and New York.  Situated on 2 acres of land in Harrisburg, PA, the 5,883 square foot restaurant had a 20-year NNN lease in place and sold for $2,715,000.  In Lynbrook, NY, the 4,500 square foot restaurant also had a 20-year NNN lease in place. This property sold for $1,885,000.
 
 
12/2007 Net Leased Investment Company finished 2007 with several key closings.  The Company sold a warehouse facility leased to Georgia Pacific in Tampa , Fl.  The deal was a 69,743 SF warehouse on 2.22 acres, and sold for $2,951,000.  Net Leased Investment Company also sold a Dunkin Donuts in The Villages, FL.  This brand new sale-leaseback consisted of a 3,636 SF free-standing building leased entirely to Dunkin Donuts and sits on 1.12 acres of land.  With a new 15-year NNN lease, this deal sold for $1,690,000.  Continuing with fast food, the company sold a Wendy’s Ground Lease in Tampa, FL.   With a new 20-year NNN lease in place, the site sold for $1,626,000.

                                            
                                                          About the company | Contact Us