Thursday, July 19, 2012

Mid-America Real Estate Completes Sale of NNN Single Tenant Walgreens




Mid-America Real Estate Corporation, in cooperation with Anchor Associates announces the recent sale of a Walgreens in Hamilton, Ohio.  The property was acquired by a private REIT.  The lease had 8 ½ years remaining on the primary lease term at the time of sale.  This sale, notwithstanding the shorter lease term, shows the continuing demand for single-tenant, investment grade properties in the Midwest and around the country.

Mark Goldberg, Tom Fritz, and Bill Wright of Mid-America Real Estate in cooperation with George Flynn of Anchor Associates (an Ohio licensed real estate broker), represented the seller, a local developer in the transaction.
Mid-America Real Estate Corporation is a member of Mid-America Real Estate Group, a ChainLinks affiliate. Mid-America Real Estate Group is a full-service retail real estate organization that has become the Midwest’s leader in retail investment sales. For more information, call (630) 954-7300 or visit www.midamericagrp.com/netlease.html

For more information on our current property listings please Click Here

No comments:

Post a Comment