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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 AutoZone net lease investment property in Hernando, MS. Hernando is the country seat of DeSoto County and a suburb of Memphis, Tennessee.
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 Farmington Center net lease investment property in Farmington, MN for $2,200,000. The center is fully occupied by Synergy Dance and Revelation Fitness, two community-focused tenants.
Upland Real Estate Group’s Net Lease Team of Deb Vannelli, CCIM, Keith Sturm, CCIM, and Amanda Leathers represented the seller in the sale of the Crisp & Green and Five Guys net lease investment property in Blaine, MN for $2,800,000.
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.