{"id":1408,"date":"2018-08-01T15:01:55","date_gmt":"2018-08-01T22:01:55","guid":{"rendered":"https:\/\/www.lee-associates.com\/sandiegonorth-dev\/?p=1408"},"modified":"2021-09-22T20:01:04","modified_gmt":"2021-09-23T03:01:04","slug":"lee-associates-north-san-diego-county-completes-the-5307000-sale-of-a-two-tenant-nnn-investment-in-florence-ky","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/sandiegonorth\/2018\/08\/01\/lee-associates-north-san-diego-county-completes-the-5307000-sale-of-a-two-tenant-nnn-investment-in-florence-ky\/","title":{"rendered":"Lee &amp; Associates \u2013 North San Diego County Completes the $5,307,000 Sale of a Two Tenant NNN Investment in Florence, KY"},"content":{"rendered":"<div id=\"pl-1408\"  class=\"panel-layout\" ><div id=\"pg-1408-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-1408-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-1408-0-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p><strong>Florence, KY \u2013 July 9, 2018 \u2013<\/strong> Lee &amp; 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 &amp; 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.<\/p>\n<p>Quaker Steak &amp; Lube is a unique motorsports-themed casual dining restaurant chain with nearly 50 locations across in the U.S. Operated by an experienced franchisee, Quaker Steak &amp; Lube had over 14 years remaining on its absolute triple-net lease term which also featured annual rent increases.<\/p>\n<p>Thoroughbred Harley-Davidson is a part of the Harley-Davidson of Cincinnati dealership, the largest and oldest Harley dealership in the tri-state area. Having just executed their first 5-year option early, the tenant had 9+ years remaining on their absolute triple-net lease.<\/p>\n<p>Ryan Barr &amp; Ryan Bennett of Lee &amp; Associates \u2013 North San Diego County team, represented both the Buyer, Action Boulevard Realty, LLC and the Seller, Noble Properties. The buyer was a Pennsylvania based private investor.<\/p>\n<p>Barr &amp; Bennett Net Leased Investment Group, a team within Lee &amp; Associates-North San Diego County, specialize in the acquisition and disposition of net leased assets nationwide.<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-1408-1\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-1408-1-0\"  class=\"panel-grid-cell\" ><div id=\"panel-1408-1-0-0\" class=\"so-panel widget widget_sow-image panel-first-child panel-last-child\" data-index=\"1\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-8b5b6f678277-1408\"\n\t\t\t\n\t\t>\n<div class=\"sow-image-container\">\n\t\t\t<a href=\"http:\/\/www.lee-associates.com\/elee\/sandiego\/web\/resume\/barr_resume.pdf\"\n\t\t\ttarget=\"_blank\" rel=\"noopener noreferrer\" \t\t>\n\t\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA2-059c-300x300.jpg\" width=\"300\" height=\"300\" srcset=\"https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA2-059c-300x300.jpg 300w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA2-059c-e1533245004405-256x256.jpg 256w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA2-059c-150x150.jpg 150w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA2-059c-768x768.jpg 768w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA2-059c-1024x1024.jpg 1024w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA2-059c-e1533245004405.jpg 400w\" sizes=\"(max-width: 300px) 100vw, 300px\" title=\"Ryan Barr\" alt=\"\" \t\tclass=\"so-widget-image\"\/>\n\t\t\t<\/a><\/div>\n\n<h3 class=\"widget-title\">Ryan Barr<\/h3><\/div><\/div><\/div><div id=\"pgc-1408-1-1\"  class=\"panel-grid-cell\" ><div id=\"panel-1408-1-1-0\" class=\"so-panel widget widget_sow-image panel-first-child panel-last-child\" data-index=\"2\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-8b5b6f678277-1408\"\n\t\t\t\n\t\t>\n<div class=\"sow-image-container\">\n\t\t\t<a href=\"http:\/\/www.lee-associates.com\/elee\/sandiego\/web\/resume\/bennett_resume.pdf\"\n\t\t\ttarget=\"_blank\" rel=\"noopener noreferrer\" \t\t>\n\t\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA159cc-300x300.jpg\" width=\"300\" height=\"300\" srcset=\"https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA159cc-300x300.jpg 300w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA159cc-e1533245464115-256x256.jpg 256w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA159cc-150x150.jpg 150w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA159cc-768x768.jpg 768w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA159cc-1024x1024.jpg 1024w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA159cc-e1533245464115.jpg 400w\" sizes=\"(max-width: 300px) 100vw, 300px\" title=\"Ryan Bennett\" alt=\"\" \t\tclass=\"so-widget-image\"\/>\n\t\t\t<\/a><\/div>\n\n<h3 class=\"widget-title\">Ryan Bennett<\/h3><\/div><\/div><\/div><\/div><div id=\"pg-1408-2\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-1408-2-0\"  class=\"panel-grid-cell\" ><div id=\"panel-1408-2-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"3\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p><strong><u>About Lee &amp; Associates<\/u><\/strong><\/p>\n<p>Celebrating more than 37 years of leadership excellence in commercial real estate, Lee &amp; Associates is the largest broker-owned firm in North America with locations across the U.S. and Canada including Arizona, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Maryland, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, Ohio, Pennsylvania, South Carolina, Texas, Vancouver BC, Washington and Wisconsin. With almost 900 brokers, Lee &amp; Associates provides a wide range of specialized commercial real estate services on a local, regional, national and international level. For the latest news from Lee &amp; Associates, visit <a href=\"http:\/\/www.lee-associates.com\">lee-associates.com<\/a> or follow us on <a href=\"https:\/\/www.facebook.com\/LeeAssociatesCRE\">Facebook<\/a>, <a href=\"https:\/\/www.linkedin.com\/company\/lee-and-associates\">LinkedIn<\/a> and <a href=\"https:\/\/twitter.com\/LeeAssociatesRE\">Twitter.<\/a><\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Florence, KY \u2013 July 9, 2018 \u2013 Lee &amp; 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 &amp; 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&#8230;<\/p>\n","protected":false},"author":22,"featured_media":1446,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,9,6],"tags":[84,56,26,50,86,85,1033,1034],"class_list":["post-1408","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-lee-news","category-press-releases","tag-investment-properties","tag-lee-associates","tag-lee-associates-carlsbad","tag-lee-associates-nsdc","tag-national-nnn-investment","tag-nnn-properties","tag-ryan-barr","tag-ryan-bennett"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Lee &amp; Associates \u2013 North San Diego County Completes the $5,307,000 Sale of a Two Tenant NNN Investment in Florence, KY - San Diego North | Lee &amp; Associates<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lee-associates.com\/sandiegonorth\/2018\/08\/01\/lee-associates-north-san-diego-county-completes-the-5307000-sale-of-a-two-tenant-nnn-investment-in-florence-ky\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lee &amp; 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