Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has completed the $1,900,000 sale (6.59% capitalization rate) of a multi-tenant strip center located at 758-774 Phillips Boulevard in Sauk City, Wisconsin. The 9500 square foot Sauk City Plaza, built in 2014, is anchored by O’Reilly Auto … [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...]
Expert Says Zero Cash Flow Triple Nets is the Next Big Play
Featured on Bisnow.com | By Benjamin Mazzara Published September 4, 2015 View Article Here Investors have been very interested in the safe returns of the net lease sector, but zero cash flow triple nets—a special loan that falls under the 467 IRS code where the rent from the tenant equals the loan payment, creating a zero net income and … [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...]
