NNN Brokers USA Commercial Real Estate Represents “Open Top Sightseeing San Francisco”, San Francisco’s Top National Tour Bus Gross Lease Deal
San Francisco, CA (PRWEB) August 2, 2010
NNN Brokers USA Commercial Real Estate, a leading San Francisco triple net real estate investment brokerage firm specializing as a NNN, NN, and Net Leased Commercial Real Estate Broker on a national basis in the San Francisco Bay Area, has arranged the long term lease of a 25,000+ SF warehouse built to their client’s specs with nearly 80,000 SF of land on 3rd Street in San Francisco, CA. Gregory Garver, of NNN Brokers USA Commercial Real Estate’s Net Leased Investment Group in San Francisco, represented the national credit tenant, Open Top Sightseeing San Francisco.
“Knowing the current real estate and tax laws can help shave the hair off these deals. According to proposed Treasury Regulations, the Lessor may be able to completely expense the new roof called for in the lease, rather than capitalizing and depreciating it,” says Gregory Garver, “The value the Lessor gained by leasing to a single tenant national credit company under a long term lease goes unsaid.”
Gregory Garver, of NNN Brokers USA, is currently preparing to bring a 250+ Acre luxury Golf Course located in California to market the end of 2010 and focusing on the needs of a 1031 exchange buyer seeking triple net or net-net-net leased investments (looking for a Walgreens or a CVS for sale). The 1031 exchange buyer has 1 million cash and must exchange into a property for at least 2.2 million. He is willing to wait for the right CVS or Walgreens deal (prefers the Southeast, i.e. Florida, and would jump on an opportunity to purchase a CVS or Walgreens with assumable financing).
About Gregory Garver:
Gregory Garver is the San Francisco Real Estate editor for DMOZ.
About NNN Brokers USA Commercial Real Estate:
NNN Brokers USA Commercial Real Estate covers all major product types with a focus on commercial properties located in the San Francisco Bay Area and triple net leased investments. NNN properties are extremely attractive in today’s economic environment. Of late, NNN Brokers USA Commercial Real Estate has been utilizing tax deferred 1031 exchanges for its clients. We have assisted many long term owners with large equities in exchanging their properties into national triple net leased buildings which eliminate managerial duties and provide a fixed, passive income. NNN Brokers USA Commercial Real Estate offers decades of extensive knowledge which comes from the years of experience that it has under its belt. NNN Brokers USA Commercial Real Estate has expanded its reach across the country exchanging various properties such as Advanced Auto, AutoZone, O’Reilly’s, CVS Pharmacy, Save-On Drugs, and various Government leased buildings. NNN Brokers USA also has access to smaller deals where for as little as 500k investors can pick up great products such as Dollar Generals.
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