Exploring Starbucks NNN for Sale: Your Guide to Secure Investments

If you're on the hunt for lucrative investment opportunities, considering a Starbucks NNN (Triple Net Lease) for sale could be a smart move. With their established brand, consistent customer base, and a lease structure that offers a hands-off approach for investors, Starbucks NNN properties are often seen as a prime choice in the commercial real estate market. In this guide, we'll delve into the benefits of investing in Starbucks NNN properties and provide you with valuable insights to make an informed decision.

Understanding Starbucks NNN Properties:

Starbucks, a global coffee giant, is a well-known name not just for its beverages, but also for its stable presence in the commercial real estate landscape. NNN leases, in particular, offer an attractive opportunity for investors seeking reliable income streams. With an NNN lease, the tenant (Starbucks, in this case) assumes responsibility for property taxes, insurance, and maintenance costs, relieving the property owner of these financial burdens. This lease structure allows investors to enjoy a passive income flow without the day-to-day hassles of property management.

Why Invest in Starbucks NNN Properties:

1. Brand Recognition: Starbucks has a loyal and widespread customer base. Their strong brand reputation can contribute to steady foot traffic and sales, ensuring a consistent income stream for property owners.

2. Long-Term Stability: Starbucks typically signs long-term leases, often 10 to 20 years, providing investors with a reliable and predictable income source.

3. Hands-Off Investment: The NNN lease model means that investors have minimal involvement in property management. Starbucks takes care of property-related expenses, allowing owners to enjoy a truly passive investment.

4. Prime Locations: Starbucks strategically chooses locations with high visibility and heavy foot traffic. Investing in a Starbucks NNN property means owning real estate in a prime location.

Factors to Consider about Starbucks NNN 1031 Properties

While Starbucks NNN properties offer several advantages, it's essential to conduct thorough research before making a decision. Here are a few factors to consider:

1. Location: Even though Starbucks tends to choose prime locations, it's important to assess the specific area's demographics, growth potential, and competition.

2. Lease Terms: While Starbucks leases are generally long-term, it's important to review the lease terms, rent escalations, and any clauses that might affect your investment's profitability.

3. Market Trends: Stay updated on market trends and Starbucks' performance as a business. This will help you gauge the sustainability of your investment over time.

Exploring Opportunities:

If you're eager to explore Starbucks NNN properties for sale, 1031 Navigator can be your trusted partner in this venture. With a dedicated team of experts in the field of NNN investments, they provide valuable insights, property listings, and guidance to help you make informed investment decisions.

Investing in Starbucks NNN properties can offer a stable and hassle-free source of passive income, backed by a globally recognized brand. The NNN lease structure, along with Starbucks' long-term stability, makes these properties an appealing choice for investors seeking both financial security and minimal management responsibilities. However, remember to conduct thorough due diligence and seek professional advice to ensure that your investment aligns with your financial goals. Start your journey towards Starbucks NNN investment success today with 1031 Navigator

Completing your 1031 exchange could be just a just a cup of coffee away!

How to Find the best Walgreens 1031 NNN Real Estate For Sale

Finding a good selection of Walgreens 1031 NNN Real Estate for sale is not as easy as you might hope. Because there is no reliable central repository of commercial listings, the Walgreens 1031 NNN Real Estate for sale in the market are typically spread across a number of different resources, only some of which are freely available to the public.

Internet Listings of Walgreens 1031 NNN Real Estate for Sale

There are a few sites which present Walgreens 1031 NNN Real Estate for sale as well as other commercial real estate listings. The two best known, Loopnet and Costar Exchange, are a monopoly and charge an arm and leg to search their databases. Both allow just about anyone to post listings of Walgreens 1031 NNN Real Estate for sale, as well as other property types. The key problem with these sites is that many of the best Walgreens 1031 NNN Real Estate for sale never make it on to them.

Principal Listings of Walgreens 1031 NNN Real Estate for Sale

Many principals, whether they are owners or developers, list their own Walgreens 1031 NNN Real Estate for sale on their websites. CrestNetLease and Kimco Realty are two such ownership groups that do this, and Bencor Development is an example of a developer that posts its Walgreens 1031 NNN Real Estate for sale right online. Although direct principal to principal marketing can yield you access to inventory, it is a great deal of work to visit each of these sites. In addition, IF you do not have an expert guiding you, you may not know which of the Walgreens 1031 NNN Real Estate for sale that you see are good deals and which are not.

Hire A Professional Broker to Bring You Walgreens 1031 NNN Real Estate for Sale

The easiest way to find Walgreens 1031 NNN Real Estate for sale is also the best way. Instead of spending your time to scour the Internet to find just a small subset of the Walgreens 1031 NNN Real Estate for sale out there, hire a broker (for FREE) and let them do the work for you. Your broker should have not only a strong knowledge of all of the places to look for Walgreens 1031 NNN Real Estate for sale, but should also have insider access to listings that you may not be able to see. In addition, they should be able to guide you to not only good Walgreens 1031 NNN Real Estate for sale, but to the best Walgreens 1031 NNN Real Estate for sale for you and your specific needs. In addition, because most sellers will pay your broker’s commission, the service and guidance that he brings you should not even cost you anything.

Call Thomas Morgan, CCIM, a Walgreens NNN Broker, at 1-866-539-1777

NNN 1031 Investments - Tractor Supply Company TSC Deals

Here is a quick video from the 1031 Exchange Passive Income & Investment Series about NNN Tractor Supply Investments.

Investing in TSC NNN Deals - Thomas takes a look at Tractor Supply Triple Net property investments for 1031 Exchanges. ----------------------- 1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.

Investing in TSC NNN Deals - Thomas takes a look at Tractor Supply Triple Net property investments for 1031 Exchanges.

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The Pros and Cons of Triple Net Properties

In some ways, triple net properties are as much fixed-income investments as they are real estate vehicles.

Offering little to no management responsibility and long-term fixed incomes with the potential for gradual increases, they act like bonds.

However, underlying their financial structures, NNN properties are still real estate and carry the same eventual risks and challenges.

Here are some of the pros and cons of triple net lease properties:

Pro: Stable Income

Con: Limited Upside

Triple net leases are usually structured with a flat rent or with fixed increases. When you buy a $2,000,000 property at a 7.5 percent cap, you know that you can count on $150,000 per year for the life of the lease. Many triple-net properties also have rent increases of 1 to 2 percent per year built-in. They provide some growth, but don't necessarily keep up with inflation. However, this is no different from buying a corporate, Treasury or municipal bond with a fixed rate of return.

Pro: Long-Term 100% Occupancy

Con: Risk of 100% Vacancy

Most triple net properties come on the market with a lease of at least 10 years, with some having initial terms as long as 25 years. This gives you a long time during which you don't have to worry about partial or full vacancy. The drawback is that when the lease does expire, it's an all-or-nothing proposition. The same occurs in the event of a tenant default, although careful due diligence before purchase can reduce the risk of this occurring.

Pro: Attractive Cap Rates

Con: High Price Relative to Underlying Value

Single tenant properties typically trade at attractive cap rates that are hundreds of basis points above comparable non-real estate investments. They're also frequently priced lower than more traditional investment real estate alternatives on a cap rate basis. A large portion of their value comes from their income stream, though, meaning that they could lose value when vacant or as their remaining lease term decreases.

Pro: No Management

Con: CapEx at Rollover

True triple net properties are structured so that the owner has no responsibilities whatsoever during the lease period, while others transfer some capital expenditures to the owner. In either case, the ownership experience is very different from traditional real estate. However, when the lease rolls over, owners have to get involved in the re-leasing process and in any necessary capital expenditures to prepare for a new tenant.

What do you see as the benefits and risk?

Or Contact Thomas Morgan, CCIM Triple Net NNN Broker at 1-866-539-1777



NNN Properties and Your Future

NNN properties are a popular avenue for commercial real estate investment. These are typically single-tenant retail properties where the tenant is responsible for paying real estate taxes, providing their own property insurance and taking care of all property maintenance. Tenants take care of these expenses in addition to other monthly costs such as rent and utility payments. Part-time investors can find NNN properties to be an appealing real estate investment option. It offers a guaranteed stream of income from a real estate investment while also absolving the investor of carrying out many day-to-day management responsibilities for the property.

Other advantages NNN properties offer are significant. An investor can lock in a long-term lease with a tenant who sets up shop in NNN properties. They can enjoy tax benefits that come from investing in commercial or residential real estate. Finally, successful NNN properties can act as a gateway for securing additional financing to use on other investments.

There are risks in leasing out triple net properties to the wrong tenant. An investor needs to know how to identify a good tenant versus a bad tenant. Assessing the worthiness of any tenant requires an investor to examine a company's business model and the state of its finances. Signing up a tenant in haste can result in disaster for any investor.

A company's credit rating offers an indicator of risk for default. While no investments outside of a federal bond offer a zero percent default rate, a tenant possessing an investment grade credit rating presents less of a risk for NNN properties.

Leasing NNN properties to a company essentially provides them capital. An investor needs to know if their tenant can guarantee long-term success with that capital. Investors should examine multiple criteria when choosing tenants for their triple net properties. They should examine a company's debt to equity ratio, operating margins, the number of stores it operates, the outlook for that industry and how the company is managed.

Investors in NNN properties should also take into account other factors. A successful investment can hinge on everything from location and building size to economic conditions for a particular industry. Triple net properties work best for a smart investor who buys in the right location and selects a low-risk tenant.

Knowing local market conditions is essential for any serious investor. It is important to pay attention to everything from the employment rate to median income in a community before selecting a property. A bad investment can leave an investor with an empty building that is essentially a money pit.

In the end, NNN properties are a great passive income investment that produce low risk yields of 7% or more with little investor oversight and involvement. Contact Thomas to find out more about NNN properties or to buy/sell a NNN property: 1-866-539-1777 or e-mail.

How to Select the Best Triple Net Broker

Given that a net-leased investment typically costs millions of dollars, finding a good triple net broker is particularly important. Working with a good triple net broker will give you better access to inventory, better financing, and a better investment result.

Here are a few things to look for in your quest for a top-line triple net broker.

Fundamental Knowledge

Many of the triple net broker firms in the market lack a solid understanding of the fundamentals of an NNN investment. Look for a triple net broker who knows the difference between a double net, a triple net, and a "true" triple net lease. Your triple net broker should also understand the credit rating system, as this will help them, and you, measure the risk of a given tenant.

Access to Inventory

A strong NNN broker will have a large and diverse inventory consisting of a mixture of their own listings as well as properties offered by other triple net broker companies and off-market deals. This will let you choose from a number of different properties to find the right mix of lease terms, lease length, and tenant quality.

Access to Financing

A good triple net broker knows that the lender can make or break the deal. As such, you should look for a triple net broker who either has an in-house commercial mortgage broker or a strong relationship with an outside broker. Your triple net broker should also understand the many different financing options available, including bank financing, life insurance financing, conduit debt and the "CTL" credit tenant lease programs that provide long-term fixed rate debt for NNN assets.

Client-Focused Business

Your triple net broker should take some time to get to know you and your goals. They should then show you appropriate property. If, for instance, you express a desire to have long-term stable income and your triple net broker shows you properties with five or fewer years remaining on the lease, you may want to select someone else. Watch for a NNN broker who does not attempt to saddle you with more debt than you want. Although some debt carries a number of benefits, it also carries risk, and a good triple net broker will help you strike the right balance.

Experience

Your triple net broker should have a few deals under his or her belt. Although some of the most active triple net broker teams in the company focus on seller representation, there are a large number of good buyer representatives who have amassed a large resume of experience. Work with a triple net broker like that, and if they have a well-respected designation, like CCIM, that is an additional plus.

NNN 1031 Podcast - Update

Thanks to all the listeners of the 1031 Exchange Passive Income Series on itunes and other podcast sources.

And thanks for the calls and emails from our listeners.  Glad we can answer your 1031 exchange and triple net questions.

Here is the new page with all the podcast show links as well as links to itunes and stitcher and youtube etc:

www.1031navigator.com/podcast-nnn-1031

5 Things You Should Ask Your 1031 Triple Net NNN Broker

Here is the most recent Q&A in our NNN Property Video Series.

Thomas discusses 5 things you should ask your 1031 Triple Net Broker.  The video is below or can be found on youtube or the audio on itunes.

5 questions ask your 1031 Exchange NNN Triple Net Property Broker

1. How long have you been doing 1031 and NNN Triple Net brokerage? What kind of deals have you worked on in the past? What certification do you have; CCIM, SIOR or are you a member of other local or national organization?
2. What kind of deals are you working on now, will do in the future or have done in the past? Do you do apartment buildings, industrial buildings, single family houses, Walgreens NNN? You want to ensure you have a specialist working with you on your 1031 exchange and Triple Net property.
3. How do you get paid? The seller? Does the listing broker or the buyer pay the fees?
4. Will I sign exclusively with you as my only NNN broker or non-exclusively?
5. Where do the properties come from? Will you tap into your developer and listing broker networks and relationships forged over the years to get the best NNN properties? Or will you send me off market or pre market NNN properties and I'll have a chance at first purchase?

1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.  

Our focused expertise, experience and daily triple net market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty.  1031 Navigator has been involved with over half a billion dollars of 1031 Exchange NNN Properties in over 30 states.

1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in passive income investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit:

http://www.1031navigator.com

Is the Lease really a NNN Lease? - Triple Net Properties Q&A

Today we look at if the Lease is really triple net?  Is it absolute net, triple net or double net?

In NNN investing, the lease is one of the most important things. The point of investing in NNN properties is to have a "hands off" investment.

When buying NNN properties make sure to read the lease to see if it is really true NNN or not.

Many triple net brokers and NNN sellers will advertise the lease as "net leased" or "ease of management" or "minimal landlord responsibilities" . Often times the lease will have more landlord responsibilities that advertised.

In this Video and Audio Q&A Thomas Morgan, CCIM of 1031navigator.com talks about absolute net leases, NNN leases, and NN leases.

Beware of opening escrow without having read the lease to see if it is triple net or not. This will save you time and money on your 1031 exchange NNN property purchase.

Video

Audio Version

Subscribe in iTunes or Stitcher

1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.

Our focused expertise, experience and daily triple net market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. 1031 Navigator has been involved with over half a billion dollars of 1031 Exchange NNN Properties in over 30 states.

1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in passive income investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit:

http://www.1031navigator.com