Sale-Leasebacks with credit worthy tenants in Florida are prized by 1031 exchange buyers.
West Palm Beach, FL (PRWEB) June 25, 2013
Income Realty Advisors, Inc., which specializes in Florida commercial real estate, today announced they will offer sale-leasebacks of prime corporate properties in Florida and throughout the U.S. Southeast. These Net Leased properties will help the firm provide inventory for its Florida 1031 Exchange buyers
President of Income Realty Advisors Patrick Moorton said the company’s goal is to acquire up to $100 Million in sale-leasebacks over the next 12 to 18 months through the purchase of prime corporate properties including banks, restaurants, retail and medical offices that will then be leased back to the current owners on a long-term triple net leased basis.
Sale-leasebacks allow property owners to free up cash for operations and replenish working capital while still maintaining control of their facilities through a long-term triple net lease.
“Business owners seeking to enhance liquidity in today's difficult credit environment should consider a sale-leaseback as a source of alternate financing,” Moorton said. “Leasebacks offer an alternative to conventional financing as a means to raise capital and allow business owners to unlock capital without giving up control of their real estate.”
Net proceeds from a sale-leaseback may be used to reinvest in a venture that will produce a higher yield or a company may receive a higher return from allocating capital for uses including: acquiring another company; buying another building; expanding the company or reducing debt, Moorton advises.
For more information on sale-leaseback opportunities for corporate real estate in Florida and the Southeast, visit http://www.nnn1031exchange.com or contact Patrick Moorton at Patrick(at)nnn1031exchange(dot)com.
About Income Realty Advisors:
Florida Commercial real estate brokerage company Income Realty Advisors, Inc. specializes in the sale of single tenant net lease properties with national credit tenants,Florida NNN Properties for 1031 Exchanges, Distressed Florida Multifamily, Sale-Leasebacks, Site Selection for Retailers and Developers. Clients include developers of Publix, Whole Foods,Walgreens,CVS, 7-Eleven, TD Bank, Chase Bank, High Net Worth Individuals, Insurance Companies, Retailers and Real Estate Investment Trusts, and Hedge Funds.
Featuring Florida commercial real estate for sale,our long-standing relationships with real estate developers, investors, brokers, and real estate investment trusts give us inside access to a constant pipeline of high quality projects. Contact us today to discuss your real estate needs.