Barr & Bennett Net Leased Investment Group Completes the Sale of a Bridgestone in Downtown Oakland

OAKLAND, Calif.—August 11, 2017— Lee & Associates, one of the largest national commercial real estate firms, has completed the $2,500,000 sale of a net leased property located within downtown Oakland’s “Auto Row” situated on a strip of land along Broadway between Grand Avenue and 40th Street. The asset sold at a 4.72% capitalization rate or … [Read more...]

Barr and Bennett Net Leased Investment Group Completes the $3.6 Million Sale of Quaker Steak and Lube

  Middleton, WI—March 10, 2016— Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has completed the $3,620,000 sale lease-back of a newly renovated restaurant building occupied by national franchisee, Quaker Steak & Lube.   Quaker Steak & Lube, named the fourth … [Read more...]

Barr & Bennett Net Leased Investment Group Negotiates $14.3 Million Industrial/R&D Investment Sale

GENEVA, OH—November 9, 2015—Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed on a rare investment opportunity for an R&D manufacturing facility in Geneva, Ohio. The property is divided into two buildings, totaling approximately 239,454 square feet and was renovated in 2006 … [Read more...]

Barr & Bennett Net Leased Investment Group Sells Rite Aid at Market Low 5.48% Cap

BOSTON, MA— September 3, 2015—Carpe Diem Management, LLC has purchased a single tenant building, occupied by Rite-Aid Pharmacy for $5,000,000. The building sale, located at 1329 Hyde Park Avenue in Boston, Massachusetts, had 13 years remaining on its original 20-year absolute triple net (NNN) lease with Rite-Aid at the time of the … [Read more...]

Barr & Bennett Net Leased Investment Group Completes $3.4 Million Sale of Shopping Center in Huntley, IL

Huntley, IL—July 30, 2015— Ryan Barr and Ryan Bennett, Principals at Lee & Associates, one of the largest national commercial real estate providers with regional expertise, represented the seller on the sale of a 9,181 square foot shopping center in Huntley Illinois for $3,412,000 or a 7.37% capitalization rate. The Huntley Shops strip center … [Read more...]

Barr & Bennett Net Leased Investments Group Negotiates $2.99M Sale of 7-Eleven at a 5% Cap

West Palm Beach, FL—June 10, 2015—Ryan Barr and Ryan Bennett, Principals at Lee & Associates, one of the largest national commercial real estate providers with regional expertise, represented the seller on the $2,990,000 investment sale of a 7 Eleven convenience store with gas that traded at a 5% capitalization rate. The property was located at … [Read more...]

Barr & Bennett Net Leased Investment Group Completes $25.4 Million Sale of Sam’s Club

Crestwood, MO—May 5, 2015—Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed the $25,400,000 investment sale of two retail buildings located in the Big Bend Crossing shopping center of Crestwood, Missouri, a St Louis suburb. The buildings, located at 10244 & 10248 Big Bend Road … [Read more...]