Florida NNN Properties Offer Several Options For Your 1031 Exchange

By August 17, 2021August 5th, 2022No Comments

In Florida,you can invest in a wide variety of properties including national restaurant chains like Wendy’s, Chick-Fil-A,McDonald’s,and Taco Bell,Drug stores like Walgreens and CVS,Florida Banks like TD Bank,JP Morgan Chase,Convenience stores like Wawa,7-Eleven,and Race Trac Petroleum.

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    Wawa Convenience Stores

    Wawa is expanding throughout Florida. The NNN Wawa stores are in high demand from investors doing 1031 exchanges. The tiple net leases may be up to 20 years long with periodic rent increases during the lease and option periods. This helps investors hedge against inflation.

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      Florida has no personal State Income Tax,No State Income Tax on Limited Partnerships, and No state Corporate Income Tax on Subchapter S-Corporations.  Investors from high income tax States may be able to  sell their properties and reinvest in Florida and save  considerable amount of money. Florida NNN Properties are used in  1031 Exchanges by investors often.

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