Cookies help us provide, improve, and protect National Asset Services. By using our services, you agree to our cookie policy.
- NAS successfully delivered a buyer for a single tenant retail location in Baytown, TX. The property includes a 30,038 square-foot building and is 100% leased to Best Buy Co., Inc. The asset was purchased by a 21-member tenants-in-common group in October 2005.
- Market valuation of the property was secured in 2020, as NAS negotiated a five-year lease renewal with two additional five-year options with the tenant.
- The market value of the asset was further enhanced in 2021 as the property was upgraded with the installation of a new roof overlay system and fresh painting of the exterior.
- To facilitate a timely closing, the NAS team, which has a wealth of experience and possesses a unique level of expertise with TIC-structured properties, expeditiously worked through a myriad of issues that challenged co-owners’ preparation for closing the sale transaction.
- Constructed in 2005, the Best Buy Baytown property is situated on approximately five acres and located about 25 miles east of downtown Houston. The property offers 216 spaces for customer parking.
-
National Assets Services Success Stories
National Asset Services is a nationally respected, owner-entrusted commercial real estate management company that has delivered positive results for over 2500 investors nationwide. With experience in managing properties, located in diverse markets across the country, the NAS team knows that all owners have one goal in common:
Increase Property Value. Optimize Property Performance.
If you’re looking for a better commercial real estate management company, put the NAS team to work for your asset today. You will quickly see how an experienced commercial property management company will be a real difference in the making of your property’s success story.
-
Kings Cove Luxury Apartments
Maximizes Disposition Opportunity Maximized, Delivering Multiple Buyer Options for Property Ownership.
Read More -
ITC South Shopping Center
NAS Delivers Buyer for New Jersey Shopping Center to One of the Country’s Largest Tenants-in-Common (TIC) Ownership Group.
Read More -
Bellagio at Bent Tree
NAS increased profitability with stabilized occupancy over 90 percent range.
Read More -
Town East
The sale of the property resulted in a cumulative return of 270% for investors who originally purchased the property as a group of tenants-in-common (TIC) owners in January 2006.
Read More -
Verdae Village Shopping Center
Buyer Delivered for Large Tenants-in-Common Co-Owner Group at Greenville Shopping Center
Read More -
Erwin Square Plaza
After losing market position, occupancy tumbled to 58%. NAS increased & stabilized occupancy at 97%.
Read More