TRIPLE NET LEASE SALE

SUMMARY

SALES PRICE: $1,950,000

CAP RATE: 4.61%

STRATEGY

ARP, owing to its longstanding relationship with developers, curated this Taco Bell prior to it going on the market. The property in question is a brand new prototype store with a 20 year NNN lease with rental bumps. It is located in a high traffic area on Chicago's NW side with high barriers for entry. The buyer, an out of state investor looking for long-term income, sought Agent Realty Partners advisory services and 1031 expertise.