Tuesday, October 23, 2012

Mid-America Real Estate Completes Sale of NNN Single Tenant AT&T


Mid-America Real Estate Corporation’s Net Lease Investment Group announces the recent sale of a free standing AT&T building in Hibbing, MN. The property was constructed in 2010 with a 10 year primary term and has 8 years remaining. AT&T sits as an outlot to Lowe’s in what is known as the “Iron Capital of the World”. Hibbing is located 3 hours north of Minneapolis and has 14,420 people within 5 miles of the property.
 
The Seller was represented by Tom Fritz, Mark Goldberg, Bill Wright of Mid-America Real Estate Corporation and Mike Sims of Mid-America Real Estate-Minnesota. The buyer was a group of private individuals from Wisconsin. 

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The Best of Both Worlds.

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

 

Mid-America Real Estate Completes Sale of NNN Single Tenant Jo-Ann Fabrics and Crafts

Mid-America Real Estate Corporation’s Net Lease Investment Group announces the recent sale of a free standing Jo-Ann Fabrics and Crafts in Shakopee, MN. The property is a new build-to-suit with a 10 year primary term and rent increase in year 6.

The Seller, Ryan Companies, was represented by Tom Fritz, Mark Goldberg, Bill Wright of Mid-America Real Estate Corporation and Mike Sims of Mid-America Real Estate-Minnesota. The buyer, a private net lease fund, was self-represented.




Local Knowledge. National Exposure.

The Best of Both Worlds.

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