SRC exclusively listed and marketed this NNN corporate BJ gas station in Boston MA metro area. The property was sold at a record cap rate of 5.25%, lowest cap rate for any BJ gas station to date.
Just closed five Triple Net lease portfolio for $7,650,000 all cash, strong corporate leases with long term tenants.
All cash closing, 1031 exchange buyer represented by Eion Snell. 16 years remain on the lease and price was negotiated at a 5.5% cap rate Absolute NNN ground lease chase bank just closed. 20 year lease with no landlord responsibilities, all cash buyer. Eion Snell represented the buyer and Chris Bosworth the seller. Just sold this brand new absolute net lease Taco Bueno in Colorado Springs. Price was negotiated to a 6.2% cap for the buyer by Eion Snell of NNN Investments. Grand opening took place on the 8/8/12 and store sales are at record high for the first month. 15 year lease with no landlord responsibility on this investment. A brand new 15 year NNN Dollar General sold A 6.2% cap rate was negotiated on behalf of the buyer All Cash closing and escrow closed 7/9/2105 Brokers involved Eion Snell representing the buyer and Mac Mcall representing the developer/seller Triple Net Lease Just Brakes - Just Closed. 15 Year Absolute Triple Net lease Negotiated on behalf of the Purchaser to get a 7 % cap rate. Brand new reconstructed building with a great 10% increase every 5 years Just sold, BJ Gas station in Quincy MA. Escrow closed on the 11th December 2014 at the full listed price of $3,455,000 with a cap rate of 5.5% on a full 20 year lease. Broker presenting the buyer was Eion Snell and the listing broker was Patrick Luther from Faris Lee Investments. Absolute net leased Popeye's investment deal closed with zero landlord
responsibilities. 12 years left on the lease, with a 7 cap rate. New York 1031 exchange buyer who was represented by Eion Snell of NNN Investments and the seller was represented by Ryan Wilmer of Marcus and Millichap. Net lease Dollar General investment property just sold in Lake Butler FL, 45 day close of escrow.
Lease term of 12 years left on this 15 year base lease with 3% increases in year 5. Buyer was represented by Eion Snell and Mac Mcall representing the seller. |
Net Lease News
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