Wendys NNN Lease Just Sold in a 1031 Exchange | Long Island NY
We are pleased to announce that we have just sold a Wendys NNN Lease in a 1031 Exchange transaction. The property is located at 352 Motor Parkway, Hauppauge, NY 11788, in the Long Island, NY Metropolitan Area. CASABLANCA Commercial Real Estate represented the Buyer in the transaction and arranged the closing from the property identification, offer and price negotiation, due diligence, and finally the closing. The transaction closed in a record time of twenty two (22) days from contract execution to closing. Below are some highlights about the transaction.
- Price Sold: $3,375,000
- Lease Term/Type: 20 Years NNN
- Tenant: Wendys
- Location: Long Island NY
- Funding: 1031 Exchange
If you are in a 1031 Exchange or if you are looking to buy a NNN Investment Property, we can work with you in finding and negotiating the best deal according to your investment goals and risk tolerance. We are a specialized team in Triple Net Investments properties Nationwide USA.
Why choosing us?
- We are a specialized NNN Buyers’ Broker focusing only on Net-leased assets.
- We represent you as a Buyer exclusively in the transaction, not the seller.
- 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