Los Angeles, CA (PRWEB) June 28, 2013
The Royston Group has closed the sale of two NNN ground leases in the month of June. They included a Wells Fargo in Omaha, Nebraska and a Whataburger in Copperas Cove, Texas.
The Wells Fargo bank branch is located in an affluent suburb of Omaha, Nebraska and closed on June 18th. The 1.49 acre site was purchased on an all cash basis for $2.17 million with the transaction closing 13 days after contract negotiations were complete.
The Whataburger site is located in Copperas Cove, Texas near Fort Hood and closed on June 27th. The .95 acre site was also purchased on an all cash basis for $1.47 million with the transaction closing 18 days after the contract was agreed upon.
“The demand for well located credit single tenant net lease investments are still high. Our stable of investors are extremely aggressive in their pursuit of these kind of investments as evidenced by the closings of 13 and 18 days,” said Greg Cortese, President of the Royston Group.
Call or email the Royston Group for more information on these properties 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