Thursday, September 27, 2012

Mid-America Real Estate Completes Sale of NNN Single Tenant Sherwin Williams

 
Mid-America Real Estate Corporation’s Net Lease Investment Group announces the recent sale of a free standing Sherwin Williams in Hartford, WI. The property sold at full price and is a new build-to-suit with a 10 year primary term and rent increase in year 6. The 7.00% sale cap rate is one of the most aggressive in the country for similar credit and lease term.  
 
Tom Fritz, Mark Goldberg, Bill Wright, and Dan Cohen of Mid-America Real Estate-Wisconsin, L.L.C. exclusively represented the seller in the transaction. The buyer was a private investor from California.
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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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