1031 Buyer Requirement – Triple Net Retail or Absolute Net Retail, National Credit, Single Tenant – $1.3 to $2.6 Million
California exchanger in day 4 of 45 day identification period looking for triple net retail properties for sale or absolute net retail investment. $1.3 mil needs to be replaced to $2.6 mil under the 200% 1031 rule.
Must be credit tenant, preferably single tenant, NNN, triple net leased retail with at least seven years unexpired left on net lease. Corporate net leased retail properties for sale such as single tenant 7 Eleven, Circle K, Get Go, Turkey Hill, KFC, Chipotle, Panera Bread, Taco Bell, Walgreen, CVS, Tractor Supply, Auto Zone, NAPA, Advanced Auto, etc. is fine. Fast food and fast casual fine if corporate lease.
Again, relinquished property closed four days ago the clock is running and will have 41 days left in the 1031 45 day identification period.
California, Los Angeles or Santa Monica commercial real estate agent / broker /principal with property that meets above requirement call me, Scott Harris at 310-473-4789, 614-905-6614 or better yet, email to scottharrisrealtor@gmail.com.