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NNN Buyers Take a 1031 Exchange Risk: Purchasing a Pre-Construction Firestone

NNN Buyers Take a 1031 Exchange Risk: Purchasing a Pre-Construction Firestone

by Kristin D. Sadler | Sep 17, 2020 | Blog, Case Study, Triple Net - NNN or Net Net Net

Firestone Complete Auto Care, Huntersville, NC Closing date: July 13, 2020 Price: $3.663 million Cap rate: 4.96% Partner-owners of an Atlanta-area Walgreens property with ten years left on the triple-net (NNN) lease decided to sell it to diversify their real estate...

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