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Leased Retail Shopping Center Sells For $34 Million

Atlanta, Georgia – Today we have some Commercial Real Estate information for the Atlanta area. Coro Realty Services LLC has purchased an excellent piece of Retail Space in Midtown Atlanta.

The Coro Realty group bought Midtown Place from The Sembler Co. for $34.4 million. This transaction includes assumption of a $17.9 million Commercial Loan.
The Investment Property was not being shopped by Sembler Co. However the 256,712 square-foot Retail Shopping Center at Ponce de Leon and Lakeview avenues was highly desirable.

Midtown Place is anchored by The Home Depot Inc. and Whole Foods. A Borders Bookstore is located in Midtown Place at 650 Ponce De Leon Avenue. Staplesand Baskin Robbins also have a Leased Unit in Midtown Place Retail Strip Center. This is a high traffic area for net lease investments.
It does not appear that the Class A Retail Shopping Center has Lease opportunities available.

Also feel free to Contact us today right on this webpage to sell your existing Net Lease Properties portfolio. We have relationships with 1,000’s of commercial real estate investors interested in purchasing net lease investments. We provide tremendous marketing and exposure for your net lease properties, resulting in the highest pricing and quicker closings.

To obtain quotes on CTL financing or Non-recourse Loans and mezzanine loans or a variety of commercial real estate loan scenarios contact Loanrise.com.

List of other Retail Single Tenants that may be available as a Net Lease Property:

•AutoZone Net Lease Property
•Burger King Net Lease Property
•CVS Net Lease Property
•FedEx Net Lease Property (Federal Express Net Lease Property)
•Home Depot Net Lease Property
•Kohl’s Net Lease Property
•Kroger Net Lease Property
Lowe’s Net Lease Property
•McDonald’s Net Lease Property
Publix Net Lease Property
•Safeway Net Lease Property
•Staples Net Lease Property
•Target Net Lease Property
•Walgreens Net Lease Property
•Wal-Mart Net Lease Property
•Wendy’s Net Lease Property