Mid-America
Real Estate Corporation’s Net Lease Group is pleased to announce
the recent sale of a newly retrofitted Dollar General in Milwaukee, WI.
The sale of the 10 year NN lease at a 7.67% cap rate marks one of the most
aggressive 10 year dollar store sales in a four year history, trading better
than some 15 year stores. See comps below:
Tom Fritz and
Mark Goldberg of Mid-America Real Estate Corporation and Dan Cohen
of Mid-America Real Estate – Wisconsin, L.L.C. exclusively represented
the Seller, a local developer, in the transaction. The buyer was from the
east coast.
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
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