Beau Beach, MBA CCIM was a member of the team who represented the seller in this transaction. The buyer completed a 1031 Exchange putting 42% down with financing from Credit Union One. The deal traded at a 4.75% cap rate with a 2029 lease term. The property was an infill development in 2019. The property sold for $2,579,000 ($1,228/SF). The property is located at 8235 W Bluemound Road in Milwaukee, WI.
March8th2022
Sold – NNN Starbucks
