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.

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

Mid-America Real Estate Completes Portfolio Sale of Two NNN Single Tenant CVS Properties in Indiana

Mid-America Real Estate brokers three net lease sales in Indiana

Oakbrook Terrace, Ill.-based Mid-America Real Estate Corporation’s Net Lease Investment Group recently brokered three net lease sales in Indiana, two for CVS Pharmacy buildings located in Indianapolis and Portland, Ind., and one for a Rally’s Hamburgers drive-in located in Kokomo, Ind.
Mid-America represented the sellers in all three transactions.

“These sales showcase the national market’s continued strong appetite for well-located, solid credit, single-tenant investments,” said Mid-America broker Bill Wright, who was involved in all three transactions. “The Midwest continues to draw heavy interest from both east and west coast investors and this strong demand is helping produce maximum value for today’s sellers.”
Bill Wright, Tom Fritz and Mark Goldberg, of Mid-America Real Estate in cooperation with Indiana-based Sitehawk Retail Real Estate, exclusively represented the undisclosed sellers in all three transactions.

Tags | Bill Wright, Illinois, Indiana, Indianapolis, Kokomo, Mark Goldberg, Mid-America Real Estate, Oakbrook Terrace, Portland, Tom Friz
© 2012 Real Estate Communications Group. Duplication or reproduction of this article not permitted without authorization from the Real Estate Publishing Group. For information on reprint or electronic pdf of this article contact Mark Menzies at 312-644-4610 or menzies@rejournals.com

http://www.rejournals.com/2012/09/12/mid-america-real-estate-brokers-three-net-lease-sales-in-indiana/

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 EXCLUSIVE STUDY: Is Your Steakhouse Hot, Medium, or Rare?

We are constantly asked by clients who the “hot” tenants are, what lease terms we are seeing, and what the exit cap rates are. Having access to this in depth information truly differentiates Mid-America from our competitors and gives our clients an edge against other investors and properties in the market. Our goal is to be your number one source of retail information. Period. We would like to share our most recent study with you.

This study shows all of the above, plus the different financial positions for each of the top 5 steakhouse chains currently being sold in the market. More information is always available upon request. Let us know what we can do to help you.

 

 

Local Knowledge.  National Reach.

The Best of Both Worlds.

Tom Fritz, Bill Wright, and Mark Goldberg

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 Rally's

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.

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 PNC Bank

 

Mid-America Real Estate Corporation announces the recent sale of a PNC Bank Ground Lease in Franklin Park (Chicago), Illinois. The property was a former Blockbuster Video currently being renovated to accommodate PNC with 3 drive thru lanes. The 15 year ground lease sold at a 5.30% cap rate, which is the most aggressive 15 year bank ground lease we have seen sell in the country (exclusive of California) over the past 3 years.
 

Tom Fritz, Mark Goldberg, and Bill Wright, of Mid-America Real Estate exclusively represented the seller, a local private developer, in the transaction. The buyer was a private individual from out of state.
 

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 BMO Harris Bank

Mid-America Real Estate Corporation announces the recent sale of the BMO Harris Bank in Plover (Stevens Point), WI. The property is leased to BMO Harris, with 14 years left on the primary term.

Mark Goldberg, Tom Fritz, and Bill Wright of the Chicago Office and Dan Cohen, of the Mid-America Real Estate Milwaukee Office, exclusively represented the Seller, TOLD Development, in the transaction.
 

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

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