Just Sold - Brand New FedEx Ground in Tallahassee, FL Sells for $14,928,000
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Tallahassee, FL, December 8, 2015 (Newswire.com) - Steven Schroeder with Solid Investments, a nationally-recognized commercial real estate firm specializing in buyer representation of Triple Net (NNN) investment properties, announced that the company has completed the sale of a FedEx Ground facility.
Steven Schroeder represented the buyer, an international real estate investment group based out of Spain, and Douglas Longyear with Cushamn & Wakefield represented the seller, a preferred developer for FedEx. Mr. Schroeder recognized this was a great opportunity for an investor to acquire a brand investment grade tenant with a long-term net lease that offers limited landlord obligations, which is ideal for a foreign investor.
Mr. Schroeder recognized this was a great opportunity for an investor to acquire an investment grade tenant with a long-term net lease that offers limited landlord obligations, which is ideal for a foreign investor.
Steven Schroeder, Broker
About Solid Investments
Solid Investments specializes in the sale of Triple Net (NNN) Commercial Investment Properties - where the Tenant is responsible for all property related expenses (taxes, insurance, maintenance & repairs). They work primarily with the buyer and assist with 1031 Exchanges, while providing a full professional service approach through every step of the buying process. Solid Investments has sold over 150 NNN properties worth in excess of $345,000,000 since 2008.
For more information, visit: www.SolidInvestmentsFL.com
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Tags: 1031 Exchange, Commercial Real Estate, Investment Property, NNN, NNN Property, Solid Investments, Triple Net