Our investors tend to buy all cash and close quickly
Los Angeles, CA (PRWEB) June 26, 2013
The Royston Group has closed the sale of a freestanding Wells Fargo bank branch in Omaha, Nebraska. The 5,040 square foot building sits on 1.49 acre of land and is 100% leased to Wells Fargo on an absolute NNN basis.
The building is located in the affluent suburb of West Omaha on a hard corner. The site was constructed in 2006 and leased to Wells Fargo on an absolute triple net basis for 20 years with 10% rent increases every 5 years.
Greg Cortese and Rob Sutton represented the buyer, a private investor who closed the all cash transaction in 13 days. "The demand for these single tenant investments is very strong with our investors. Finding the right deals are challenging in this environment but when we do our investors tend to buy all cash and close quickly" said Royston Group Vice President Rob Sutton.
Call or email the Royston Group for more information on this property or to address any of your single tenant real estate needs.
Greg Cortese, President of The Royston Group and Rob Sutton, Vice President of the Royston Group, specialize in the sale of single tenant net lease properties. The Royston Group is a privately held commercial real estate investment firm, founded in 1992. The company provides services for a multitude of net lease commercial property types including office, industrial, retail and medical. The firm has completed over $1.5 billion in real estate sales since its inception. http://www.theroystongroup.com