Mid-America Real Estate Corporation’s Net Lease Investment Group announces the recent
sale of an absolute net leased Rally’s located in Kokomo, Indiana. The
property has over 10 years remaining on the lease and features a prominent
location on US-31. This sale showcases the national market’s continued
preference for well located, long-term, “hands off” retail properties in the
Midwest.
Tom Fritz, Mark Goldberg, and Bill Wright, of Mid-America
Real Estate in cooperation with Sitehawk Retail Real Estate exclusively
represented the seller in the transaction. The buyer was a private California
based investor.
Local Knowledge. National Exposure.
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
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