This Charlotte area Office Max was located and brokered for a client seeking an investment capable of producing a double digit cash-on-cash return while providing relative security and no management responsibilities.
Many investors are looking for a safe place to put their money with the wild fluctuations in the financial market. Stable, predictable investment vehicles are increasingly hard to find, but smart investors do have choices. One of the better choices is to invest in single-tenant, net-leased properties, which many investors also call a corporate bond combined with real estate investments that still make sense today.
Many net-lease investors have previously owned other types of real estate but are looking for an investment that requires less maintenance and supervision. For example, many apartment investors end up selling their high-maintenance properties and then reinvesting the sale proceeds in single-tenant, net-leased retail properties, as do many land owners who have previously never received any income or tax benefits from their property.
If you have not thought about NNN real estate as part of your investment strategy–you should. I would welcome the opportunity to discuss the limitations and benefits and help determine if NNN real estate would be a good fit for you.