Popeyes NNN Lease Property Sold in Florida
We are pleased to announce that we have just sold a Popeyes NNN Lease Property Sold in the Jacksonville Florida market (MacClenny, FL). Alex Casablanca, Managing Broker at Casablanca Triple Net Advisors arranged the transaction representing the Seller in the transaction. The transaction closed in a record time of 31 days at the asking cap rate of 4.75%. See transaction highlights below:
- Price: $2,806,695
- Cap Rate: 4.75%
- Location: MacClenny Florida
- Lease Type: Absolute NNN
- Years on Lease: 14 Years
- Funding: All Cash
- Buyer: 1031 Exchange Investor
- Time to Close: 31 days
If you are looking to invest in a Triple Net (NNN) Property, feel free to contact Alex Casablanca at 407-205-7570 or via email at [email protected]
If you are in a 1031 Exchange, we can help you finding and negotiating a suitable replacement property according to your investment goals and risk tolerance. We are a specialized team representing Buyers, Sellers and 1031 Exchange Investors that are looking for a Triple Net NNN Investment property.
Why choosing us?
- We are a specialized NNN Buyers’ Broker focusing only on Net-leased assets.
- We provide Exclusive Buyer’s Representation
- Exclusive Seller’s Representation and 1031 Exchange Replacement Brokerage
- Our Buyer’s Brokerage Fees are Free for the Buyer.
- We have ample access to off-the market properties
- Comprehensive knowledge of the critical aspect of a NNN Investment transaction.
- Strong and key relationships with Developers, National Brokers, Tenants & Lenders.
You can contact us at 407.205.7570 or 800.406.7640, let us be your trusted Triple Net NNN Lease Advisor.