Upland Real Estate Group’s Net Lease Team of Keith Sturm, CCIM, Deborah Vannelli, CCIM, and Amanda Leathers represented the seller in the sale of Sage Specialty Hospital in Lafayette, LA for $7,900,000. Sage was sold to an investor with a long term NNN lease in place and annual rent increases.
Upland Real Estate Group’s Net Lease Team of Keith Sturm, CCIM, Deborah Vannelli, CCIM, and Amanda
Leathers represented the buyer in the purchase of the Mister Car Wash net lease investment property in Las Cruces, NM for
$4,530,000. With a 20-year lease term remaining on this brand-new Mister Car Wash built in 2022, it was the ideal investment to complete our buyer’s 1031 exchange.
Upland Real Estate Group’s Net Lease Team of Keith Sturm, CCIM, Deborah Vannelli, CCIM, and Amanda Leathers represented the seller in the sale of the Jiffy Lube net lease investment property in Marksville, LA for $745,000. This property was purchased in all cash by a 1031 exchange buyer.
Upland Real Estate Group’s Net Lease Team successfully represented the buyer in the sale of the Arby’s net lease investment property in Worthington, MN for $1,574,000. The tenant, DRM, Inc., is a third generation Arby's franchisee with a strong track record of 46 years in business.
Upland Real Estate Group’s Net Lease Team represented the seller in the sale of the Sage Rehabilitation Hospital & Day Neuro in Baton Rouge, LA. Sage Rehab & Day Neuro is on a NNN lease with 12 ½ years remaining on the lease and 2% annual increases.
Upland Real Estate Group’s Net Lease Team of Deborah Vannelli, CCIM, Keith Sturm, CCIM, and Amanda Leathers represented the seller in the sale of the Chipotle net lease investment property. This newly constructed Chipotle has the latest Chipotlane technology with the ability to pre-order and pick up through the drive thru or inside dedicated pick up.