OUT OF STATE NET LEASED RETAIL INVESTMENT ACQUISITIONS
CAA represented the buyer in a multi-property 1031 exchange. CAA was able to identify and assist in the acquisition of two properties, in different markets with strong tenant quality, providing the buyer with diversification, strong cash flow, and minimal landlord responsibilities.
Property: 1963 Park Ave, Orange Park, Florida (Jacksonville, FL)
Sale Date: September 28, 2018
Tenants: NNN Leased to Starbucks and AT&T
Property: 17100 E Smokey Hill, CO
Sale Date: September 22, 2018
Tenants: NNN Sherwin Williams