Recent NNN 1031 Closings

We are pleased to announce the following recent closings:

NNN Florida Walgreens: $8,662,371 – Sourced off-market deal through developer and broker network. Record setting cap rate of 4.85%. All cash transaction with 1031 exchange buyer. More Walgreens NNN For Sale

Triple Net CVS: $6,450,000 – Low leverage 1031 exchange buyer. 24 years left on absolute net lease – 5.32% cap rate. Solid midwest location. More CVS NNN For Sale

Net Leased Dollar General: ~ $1MM – high cap rate deal 8%+ with 7+ years on NN lease. Growing SE US location. All cash 1031 exchange buyer. More Dollar General NNN For Sale

For more details or help on your NNN 1031 exchange, give us a ring at 1-866-539-1777.

Wounded Warrior - Proud to Support

We recently closed a small 1031 Exchange Replacement Property retail deal in Denver. As a way of saying thanks to our clients for the business we give them an option of making a donation on their behalf to a cause of their choice or doing a normal closing gift like Wine of the Month or dinner etc.

This client chose to support The Wounded Warrior Project.

SOLD: $12M Walgreens Property

In August, TMO represented the buyer of a northern California NNN Walgreens property. The property sold for $12,184,846 and is leased on an absolute triple net basis to Walgreens (Ticker: WAG) on a 75 year lease with 24 firm years remaining.  The buyer was a privately held real estate investment company from New York who was in a 1031 Exchange.  The seller was represented by Capital Pacific.  The low leverage transaction was financed by Lafayette Life Insurance Company  which was placed by Ed Isola from Isola & Associates.

For further details about the cap rate and financing terms, please contact Thomas Morgan, CCIM via email or toll free at 1-866-539-1777.

We sell Walgreens throughout the entire U.S.! Ask about a FREE no obligation NNN consultation.

Contact Thomas Morgan, CCIM to find out more about the benefits of Walgreens Real Estate Investments.

1.866.539.1777