Showing posts with label Walgreens. Show all posts
Showing posts with label Walgreens. Show all posts

Wednesday, January 26, 2011

NNN Florida News on Publix Construction

NNN-Florida-Galleria-Mall-construction-Publix

Fort Lauderdale, Florida - NNN Florida reports that ground has been broke to develop a new Publix in Fort Lauderdale, Florida. The Deerfield Beach-based SIKON Construction Company has recently started construction on the net lease property with Publix as Tenant. This new NNN Florida Investment Property will cost approximately $5 million. This NNN Florida development will house Publix at The Galleria Mall in Fort Lauderdale.

This new 30,907-square-foot Publix Super Market will be a traditional type Publix, however it will carry the Publix GreenWise Market brand items. Currently, it appears Palm Beach Gardens, beautiful Boca Raton and Tampa Bay, Florida have the new Publix Greenwise Markets. These are also great areas for Cheap Car Insurance Quotes for any type of car or truck.

Florida Construction Company

On an adjoining net lease site last summer, the SIKON Construction Company constructed a new free-standing 1,300-square foot Starbucks Coffee House. This new NNN Florida Publix market is being designed by Fisher & Associates, Inc., from Clearwater, Florida. The new NNN Florida Publix project is slated for completion, if all goes as planned, in July 2011. This Publix commercial real estate in Florida development is at Sunrise Boulevard and was previously a Wild Oats Market. The new NNN Florida Publix market will get the retail foot traffic from the Fort Lauderale area east side and the beach customers in that area.

SIKON Construction, is from Deerfield Beach and Orlando, Florida. SIKON Construction has approximately 1,079,000 square feet of retail projects currently under construction. SIKON Construction now ranks as the largest South Florida and 2nd largest Florida-based retail shell contractor according to Retail Traffic magazine’s 2010 Top Contractors (August 2010 issue). SIKON Construction has constructed 1,184,000 square feet of shell space and Retail Shopping Center Projects during the survey year and 8,768,000 square feet in the past five years. The SIKON Construction company also built about 2,793,999 square feet of interior space during the past five years including 473,100 square feet during the past year.

SIKON management team is led by Steve Goraczkowski, CEO, and also includes R.E. "Ed" McWhorter, President and Director of Business Strategies, and Dale E. Scott, CDP, Senior Executive Vice President. One of their recent prized net leased properties to be built was mixed-use development in Coconut Creek, Florida. This investment property constructed by Sikon is a new LEED Silver certified, 550,000-square-foot Promenade at Coconut Creek mixed-use development. One of premier Retail Shopping Centers that Sikon built was the first LEED-certified Publix GreenWise store, in Palm Beach Gardens, Florida.

Contact Net Lease Properties to sell your net lease properties, purchase NNN Property or for 1031 exchange replacement property opportunities.

We recommend NNN Florida Investors use financing specialists from Loanrise.com for CTL Financing and Commercial Loans.

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Wednesday, December 1, 2010

NNN Florida Publix Anchored Retail Shopping Center

nnn-florida-publix-anchored-shopping-center

Melbourne, Florida - NNN Florida reports that a Top producing Publix anchored center recently underwent expansion. The Deerfield Beach-based SIKON Construction Company recently completed the new $3 million net lease property with Publix. This Retail Shopping Center, Publix-Anchored is a 45,000-square-foot Store at Windover Square in Melbourne, Florida. This net lease property replaced the prior Publix Super Market. This Florida Net Lease Property was developed by PMAT Real Estate Investments, LLC, Mandeville, Louisiana. This Florida project is located at 2227 W. New Haven Avenue. This was one of many beautiful projects that was designed by Cuhaci & Peterson, from Orlando.

This Publix-anchored Shopping Center has an estimated population in 5 miles of 129,000 people. The Average household income is $55k in this area of Florida. The Median age is 37. Other notable net lease properties in this area are Popeye's Chicken and Red Lobster on out-parcels. This is a Prime location on 1-92 with no other grocery store anchored centers in the area at all. This Publix-anchored Shopping Center benefits from being located just minutes from I-95 and US 1.

The last new Retail Shopping Center with Publix to open in Brevard area, was six years ago in the Cornerstone Plaza in Cocoa Beach. The Publix Grocery Store chain currently has 23 stores and about 3,000 employees across the Space Coast and in Sebastian in Indian River County. The average Publix store employs about 150 people.

SIKON Construction is based in Deerfield Beach and completed the new Publix at Windover Square in Melbourne, Florida. SIKON’s has many longtime clients which include the profitable Publix, Best Buy, Fresh Market, Target Corporation, Whole Foods and Winn-Dixie. Some of these clients are tremendous Tenants for net lease properties.

SIKON Construction, of Deerfield Beach and Orlando, has 1,072,000 square feet of retail projects currently under way. SIKON Construction currently ranks as the largest South Florida-based and 2nd largest Florida-based retail shell contractor according to Retail Traffic magazine’s 2010 Top Contractors (August 2010 issue). SIKON Construction has constructed 1,184,000 square feet of shell space and Retail Shopping Center Projects during the survey year and 8,768,000 square feet in the past five years. The Construction company also built 2,893,000 square feet of interior space during the past five years including 473,100 square feet during the past year.

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Monday, November 8, 2010

Chase Bank Ground Lease Sold

Miami, Florida - We have news on a Chase Bank, Ground Lease in Miami. This net leased property is located at the southwest corner of Biscayne Boulevard (US 1) and NE 108th Street. A Commercial Real Estate Broker helped this Ground Lease take place. This Chase Bank Ground Lease Investment is a newly constructed freestanding Building. This Miami Beach Commercial Property is leased by JP Morgan Chase.

This Ground Lease Florida Investment Property was purchased by AZ Biscayne Holdings, LLC. Some Chase Bank Ground Lease to compare this with are a Net Lease Property with a corporate signature and a 6.07% CAP Rate with increases every 5 years. This Miami Chase Bank Ground Lease was based on a Cap Rate of 6.5%. The Commercial Loan used to finance this transaction was provided by a Bank.

Another Investment Property Search found an Investment Property currently leased by Chase Bank. This Investment Property has been occupied for more than 35 years by various banks, with no vacancies. The net lease property is in good condition, in a prime location with great street visibility. This Chase Ground Lease Investment currently has a five year lease. These Ground Lease with a Corporate Tenant make for an excellent, long-term net lease investment.

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Wednesday, October 27, 2010

Publix-Anchored Retail Center Signs Leases

Ocala, Florida - We have information on one of the most desirable Triple Net Lease Properties, Publix. Konover South, LLC, based in Deerfield Beach, Florida has three new leases at its new Publix-anchored, retail center in Ocala. This Publix-anchored, 92,600-square-foot retail center to break ground in Ocala, FL, in November 2010 and slated to open in November 2011. This Publix-anchored Retail Center will be called Park View Commons.

Konover South, LLC, is one of the Southeast’s premier retail developers. The three long-term net leases currently signed, in addition to the Publix lease, are Ace Hardware’s, a Miyako Japanese Steakhouse restaurant lease and a Zhang Garden Chinese restaurant lease. Ace Hardware’s will be a 10,000-square-foot outparcel lease on the Publix-anchored retail center.

This Investment Property is conveniently located at the intersection of Maricamp Road (SR 464) and SE 24th Street. The Retail shopping center will feature a 45,600 square-foot Publix Super Market and will also include 25,000 square feet of in-line retail shops. Also the Retail shopping center will have three prime outparcels totaling 22,000 square feet.

For National specialists providing Triple Net Lease Properties to investors for new acquisitions or those who are involved in a 1031 exchange.
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If you are buying Commercial Real Estate or a "NNN" Triple Net Leased Property, you can apply for CTL Financing, Non Recourse Loans and Commercial Loans at Loanrise.com. CONTACT HERE for Loan Quote.



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Monday, October 18, 2010

Florida Retail Strip Center Sold

Fort Myers, Florida - NNN Florida information is on a Retail Strip Center, the Plymouth Center. A Fort Myers Retail Shopping Center was purchased by NYFL Commercial Holdings 2 LLC. This Investment Property is located at 15200 South Tamiami Trail in Fort Myers, Florida. This Retail Strip Center was acquired from Michael Winters, receiver for ESPO Capital Inc. The shopping center is south of a Wal-Mart Supercenter, Home Depot and a Net Lease Lowe’s Home Improvement store. These are great NNN Florida Tenants.

The Retail Shopping Center, named the Plymouth Center, closed at the sale price of $2,828,000. The Commercial Property is 68% occupied and contains 44,769 square feet. The Commercial property is situated on 4.06 acres. Fort Myers is approximately 112 Miles south of St. Petersburg, Florida.

For National specialists providing Triple Net Lease Properties to investors for new acquisitions or those who are involved in a 1031 exchange.
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If you are buying Commercial Real Estate or a "NNN" Triple Net Leased Property, you can apply for CTL Financing, Non Recourse Loans and Commercial Loans at Loanrise.com. For sale-leaseback financing or construction loans to build Triple Net Lease Properties, CONTACT HERE for Loan Quote.

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Wednesday, October 13, 2010

Florida Net Lease Transactions

Pinellas Park, Florida - NNN Florida has information today from the St. Petersburg, Florida area. Bellair Development Group based in Pinellas County of Florida has a few net lease transactions. This Development Group has leased more than 25,000 square feet of space to new Tenants. One new Tenant was Tractor Supply Company. Tractor Supply Company has leased 23,151 square feet at this Plaza North Shopping Center in Pensacola. The other new Tenant, Flip Flops & More has leased 2,500 square
feet. The Net Lease Property Building is 83,907 square feet total. This Commercial Property is situated on 7.70 Acres.

This Plaza North Shopping Center is located in the growing North Pensacola Market along Pensacola Blvd and Nine Mile Road. The address of this Net Lease Site is 3 W Nine Mile Rd, Pensacola, FL 32534. Other area tenants are Wal Mart Supercenter, Home Depot, Lowes, Office Depot, Kentucky Fried Chicken and numerous national Financial Institutions and Restaurants.

For National specialists providing Triple Net Lease Properties to investors for new acquisitions or those who are involved in a 1031 exchange.
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If you are buying Commercial Real Estate or a "NNN" Triple Net Leased Property, you can apply for CTL Financing, Non Recourse Loans and Commercial Loans at Loanrise.com. For sale-leaseback financing or construction loans to build Triple Net Lease Properties, CONTACT HERE for Loan Quote.


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Tuesday, October 5, 2010

Simply Fashions Leases Space in Fort Lauderdale

Fort Lauderdale, Florida - Simply Fashions, a family apparel retailer, has signed a new multi-year lease in the west Fort Lauderdale area of Lauderhill.
The Investment Property that they leased space in is at Inverrary Falls retail center at Oakland Park Boulevard and Inverrary Boulevard. This Commercial Property has a Publix as an Anchor Tenant. Simply Fashion will take 2,800 square feet.

This Net Lease Property has other major tenants that include Bank Atlantic, Golden Krust, Gourmet China and H&R Block as well as Little Caesar’s, Sarah’s Beauty Supply & Accessories, the UPS Store, Wachovia Bank, and Wireless Tech.

Simply Fashions has over 300 stores in 21 states. Some have Long term leases and others with temporary space. Simply Fashion Company will consider many types of real estate, including:
* Strip centers
* Existing free standing buildings

For National specialists providing Triple Net Lease Properties to investors for new acquisitions or those who are involved in a 1031 exchange.
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If you are buying Commercial Real Estate or a "NNN" Triple Net Leased Property, you can apply for CTL Financing, Non Recourse Loans and Commercial Loans at Loanrise.com.

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Monday, October 4, 2010

Home Shopping Network Signs Lease in Tampa

Tampa Bay, Florida - The Home Shopping Network is taking a lease at the Buccaneer Square Shopping Center. This Commercial Property, Buccaneer Square Shopping Center, at 8515 W. Hillsborough Ave., in Tampa Bay, Florida. The Tenant, Home Shopping Network has signed a lease to occupy 17,273 square feet of space to open an outlet store in Tampa Bay.

Home Shopping Network "HSN" operates 25 retail outlet stores including Florida locations in Largo, Brandon, and Orlando. HSN will use this Investment Property to bring a brick-and-mortar store to west Tampa.
This Commercial Property location for HSN will sell items from its television channel and is slated to open this month.

For National specialists providing Triple Net Lease Properties to investors for new acquisitions or those who are involved in a 1031 exchange.
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If you are buying Commercial Real Estate or a "NNN" Triple Net Leased Property, you can apply for CTL Financing, Non Recourse Loans and Commercial Loans at Loanrise.com.



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Sunday, October 3, 2010

Commercial Property with Walgreen's as Tenant Sold

Ocala, Florida - We have information on the sale of a Walgreen's. A newly built Walgreen’s store in Ocala sold. This Net Lease Property has total of 16,510 square feet. The Net Leased Walgreen’s opened in June 2010 and it does feature a liquor store with the pharmacy.
This Walgreens Investment Property is located at the intersection of SR 200 and SW 80th Avenue at the entrance to the On Top of the World residential communities.
This Net Lease Investment has an address of 8075 SW Highway 200, Ocala, Florida. Ocala is approximately 80 miles northwest of Orlando.

For National specialists providing Triple Net Lease Properties to investors for new acquisitions or those who are involved in a 1031 exchange.
CONTACT US HERE for:

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If you are buying Commercial Real Estate or a "NNN" Triple Net Leased Property, you can apply for CTL Financing, Non Recourse Loans and Commercial Loans at Loanrise.com.


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