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 Investments Group Sells Double Net Leased Kohl’s

Double Net Leased Kohl’s Sold STOUGHTON, MA—An 88,408 square-foot Kohl’s, located at 501 Technology Center in Stoughton, MA, has been sold for $20 million, GlobeSt.com has learned EXCLUSIVELY. The double-net leased property, which has 11 years remaining on the lease, sold at a 6.22% cap rate. RK Funding bought the property, while it was sold by … [Read more...]