New listings of Florida NNN Properties with long term leases and credit worthy tenants are selling at aggressive cap rates.
West Palm Beach, FL (PRWEB) October 01, 2013
The Florida NNN leased focused website of Income Realty Advisors Inc. is a resource for investors seeking Florida commercial real estate opportunities and 1031 Exchange replacement properties.
At FloridaNNN.com, investors can quickly access in-depth information on available Florida NNN properties for sale and the 1031 Exchange process. Investors can also sign up to receive tailored information on Florida commercial properties that meet their investment needs.
Florida, one of seven states with no personal income tax, is ideal for investors seeking steady, passive cash flow with the tenant paying most or all expenses. Florida NNN properties feature long-term leases with little or no management responsibility. The tenants, Walgreens, CVS and 7-Eleven for example, are public companies with excellent credit ratings.
“Florida NNN properties are in high demand as the state has no personal income tax, thus the combination of steady income from Florida NNN properties and the tax advantages are attractive to 1031 Exchange buyers,” said Patrick Moorton, president of Income Realty Advisors, Inc. “Investors can benefit from our relationships with retailers and real estate developers who give us access to an ongoing supply of single-tenant net leased properties throughout Florida.”
Moorton specializes in 1031/ tax deferred exchanges—a proven means for high net worth investors to reinvest in ‘like kind’ properties and defer federal income taxes. When investors sell a property in a high tax state and reinvest in a state with no personal income tax, like Florida, state tax savings are often substantial.
Single tenant net leased properties with national credit worthy tenants are a safe, reliable investment alternative that has long been favored by insurance companies, real estate investment trusts, and high net worth individuals.
For more information on Florida 1031 Exchange properties or to get started with a new investment, go to nnn1031exchange.com or contact Patrick Moorton at Patrick(at)nnn1031exchange(dot)com.
About Income Realty Advisors:
Florida Based Commercial real estate brokerage company Income Realty Advisors Inc. sells income-producing real estate in Florida and offers brokerage services for 1031 exchange buyers seeking Florida commercial real estate. The firm specializes in retail site selection and the sale of single tenant net lease properties with national credit tenants. 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.
Featuring commercial income property for sale in Florida, 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.