Net Lease o S Dakota Boulder Group closes sale of Shopko in South Dakota The Boulder Group closed the sale of a single-tenant net-leased Shopko Hometown property at 2105 Lazelle St. in Sturgis, South Dakota, for $2.052 million.
Net Lease V Michigan Friedman sells net-leased flooring property in Michigan Friedman Real Estate recently sold a NNN leased Art Van Flooring property located at 46511 Van Dyke Ave. in Shelby Township, Michigan.
Net Lease N Illinois Marcus & Millichap arranges $3.7M sale of dialysis center Marcus & Millichap facilitated the sale of a 9,703-square-foot, net-leased DaVita Dialysis Center, located in South Holland, Illinois. The asset sold in a 1031-exchange to an out-of-state buyer for $3,707,000. Valerie Cook, senior associate, and senior vice presidents–investment Austin Weisenbeck and Sean R. Sharko of the firm’s Chicago Oak Brook office, represented the seller in their 12th DaVita Dialysis sale of the last 24 months.
Net Lease N Illinois Cap rates on the rise for net-leased medical market Medical uses continue to migrate away from their traditional homes on hospital campuses to retail-oriented sites. Even as they are overshadowed by non-investment grade property volume, this “medtail” trend is growing in popularity among investors, sending cap rates up.
Net Lease N Illinois Marcus & Millichap facilitates sale of Galesburg retail property Marcus & Millichap announced the sale of a 5,000-square-foot, net-leased Sherwin-Williams property located in Galesburg, Illinois, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. The asset went from list to closed in 25 days and sold for 96 percent of list price for $505,000.
Net Lease i Ohio The Boulder Group sells Taco Bell in Ohio The Boulder Group completed the sale of a single-tenant net-leased Taco Bell property at 1194 Park Avenue West in Mansfield, Ohio for $642,783.
Net Lease i Ohio Marcus & Millichap sells childcare facility in Ohio Marcus & Millichap sold a 13,920-square-foot net-leased childcare property in Reynoldsburg, Ohio, for $3.95 million.
Net Lease O Indiana Marcus & Millichap sells 42,000-square-foot retail property near Notre Dame Marcus & Millichap closed the sale of a 42,280-square-foot net-leased property located in Mishawaka, Indiana. The asset went from contract to close in 59 days and sold for $5.382 million.
Net Lease N Illinois Net-leased auto service center sells in Rockford Marcus & Millichap announced the sale of a 3,305-square-foot net-leased Grease Monkey property located in Rockford, Illinois, according to David G. Bradley, regional manager of the firm’s Chicago Downtown office. The asset sold for $550,000.
Net Lease i Ohio Marcus & Millichap sells net-leased Arby's in Cincinnati Marcus & Millichap sold an Arby’s 2,890-square-foot net-leased property in Cincinnati. The asset sold for list price, $1.238 million.
Net Lease N Illinois B+E opens Chicago office, names Tim Hain as founding senior member B+E, a tech-driven brokerage and trading platform for net lease real estate, announced the opening of its Chicago office and the hiring of Tim Hain as a director and founding senior member of the office. The B+E Chicago office will be located at 980 N. Michigan Avenue and joins existing offices in New York, San Francisco and Tampa, Florida.
Net Lease N Illinois Marcus & Millichap arranges $2.3M sale of net-leased property Marcus & Millichap announced the sale of a 7,497-square-foot, net-leased property located at 1341 Butterfield Road in Downers Grove, Illinois, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. The asset sold for $2,300,000.
Net Lease Midwest Boulder Group closes $16 million MOB portfolio sale in Iowa, Tennessee The Boulder Group closed the sale of two-building single-tenant net-leased BioLife Plasma portfolio for more than $16 million.
Net Lease i Ohio Boulder Group closes $2.8 million CVS sale in Ohio The Boulder Group completed the sale of a single-tenant net-leased CVS Pharmacy property at 3825 Monticello Blvd. in Cleveland Heights, Ohio, for $2.8 million.
Net Lease W Minnesota Marcus & Millichap sells 5,555-square-foot net-leased property in Minnesota Marcus & Millichap closed the sale of a 5,555-square-foot net-leased property at 1430 NE 109th Ave. in Blaine, Minnesota. The asset went from list to contract in less than two weeks, and sold for $1.815 million after multiple offers.
Net Lease V Michigan Friedman sells net-leased Rite Aid in Detroit Friedman Real Estate recently sold a NNN-leased rite aid at 20000 Grand River in Detroit. Grand River Property Management, LLC sold the building to 20000 Grand River, LLC.
Net Lease O Indiana The Boulder Group sells Walgreens in Northwest Indiana The Boulder Group has completed the sale of a single-tenant net-leased Walgreens property at 3500 Central Ave. in Lake Station, Indiana, for $3.85 million.
Net Lease N Illinois Highland Park net-leased property sells for $4M Marcus & Millichap announced the sale of a 3,408-square-foot, net-leased property located at 2030 Skokie Valley Road, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. After multiple offers, the property sold for $4,100,000 in an all-cash transaction to a local 1031 exchange buyer.
Net Lease N Illinois Marcus & Millichap arranges $7.4M sale of Bloomington retail center Marcus & Millichap announced the sale of Shops On Veterans, a 15,400-square-foot retail property located in Bloomington, Illinois. Brian Parmacek, an investment specialist in Marcus & Millichap’s Chicago Downtown office, had the exclusive listing to market the property on behalf of the seller, a private investor. The asset sold for $7,400,000.
Net Lease W Minnesota Boulder Group sells Dairy Queen in Minnesota The Boulder Group closed the sale of a single-tenant net-leased Dairy Queen restaurant at 7720 149th St. W in Apple Valley, Minnesota, for $3 million.