Single-tenant net-leased properties in prime high-traffic locations are a viable solution for people who are retired and have found themselves with a great deal of cash paying poor returns in the money market.
West Palm Beach, Florida (PRWEB) January 31, 2013
As continued low interest rates and high inflation are prompting investors to seek new opportunities, Florida commercial real estate veteran Patrick Moorton is helping investors create reliable income and preserve wealth with quality single-tenant net-leased properties in prime locations across Florida.
Single-tenant, net-leased investments (NNN) are buildings leased and used by one company. Tenants commit to long-term leases, hence very little re-leasing risk and stable, predictable returns.
“Single-tenant net-leased properties in prime high-traffic locations are a viable solution for people who are retired and have found themselves with a great deal of cash paying poor returns in the money market,” said President of Income Realty Advisors Inc. Patrick Moorton. “Florida NNN properties are vital to the operations of many multi- billion dollar companies like Walgreens, CVS, Bank of America and 7-Eleven. When chosen carefully, an investor will not have to worry about daily market fluctuations.”
Net-lease investors commonly have previously owned other types of real estate and seek a new investment requiring less supervision that will provide stable income and good returns. Many investors in multi-family units or strip malls ultimately sell their high-maintenance properties and reinvest sale proceeds in single-tenant NNN properties using a 1031Exchange.
Moorton, who specializes in Florida Net Lease Properties for 1031 Exchange, points out that an investor in a Florida Net Lease Property with a lease guarantee from a national credit worthy company may expect to receive a regular rent payment monthly for 10-20 years or more—and the companies typically manage all aspects of their businesses, taking care of maintenance, insurance, and taxes leaving investors with little to no management responsibilities.
For more information on Income Realty Advisors, go to http://www.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 investment trusts give us inside access to a constant pipeline of high quality projects. Contact us today to discuss your real estate needs.