Net Lease Investments: Understanding the Retail Pharmacy Sector
The Retail Pharmacy Sector The Retail Pharmacy sector has been a safe and solid investment for investors and 1031 exchange buyers for many years. The two companies dominating the retail pharmacy investments are Walgreens (NYSE: WBA) and CVS Pharmacy (NYSE: CVS). Walgreens and CVS both have investment-grade credit rating of BBB. These companies have both been very active with mergers, acquisitions in an effort to enhance their stance in the pharmacy sector. Just last year,…
Lee & Associates – North San Diego County Completes Sale of Little Caesars in Pico Rivera, CA
Pico Rivera, CA – Lee & Associates, one of the largest national commercial real estate firms, has completed the $1,158,000.00 sale of a 1,252 SF Little Caesar’s investment property located at 9209 Telegraph Rd in Pico Rivera, CA. This Little Caesar’s is a new location located in Pico Rivera, in Los Angeles County, California (the “Property”). The build to suit property was completed in late December and consists of a 1,252-square-foot retail building with a…
Lee & Associates – North San Diego County Completes the $5,307,000 Sale of a Two Tenant NNN Investment in Florence, KY
Florence, KY – July 9, 2018 – Lee & Associates, one of the largest national commercial real estate firms, has completed the $5,307,000 sale of a net leased two-tenant building occupied by Quaker Steak & Lube and Thoroughbred Harley-Davidson. The approximately 35,647-square foot retail building, built in 2012, is located at 8025 Action Blvd in Florence, KY which is approximately 12 miles southwest of downtown Cincinnati, and directly across from the Florence Mall. Quaker Steak…