We negotiated the buyer opening escrow non-contingent with a large non-refundable deposit to secure the deal and show certainty of closing, while obtaining a record low cap rate nationwide for a STNL Lowe’s.
The Hanley Investment Group Advantage
- Record Low Cap Rate Nationwide for a STNL Lowe’s Home Improvement
- Generated Multiple Qualified All-Cash Offers from Private Investors for a Larger Price Point Single Tenant Property with a Shorter Term Lease
- Negotiated Buyer Opening Escrow Non-Contingent with a Large Non-Refundable Deposit to Secure the Deal and Show Certainty of Closing
Sale Specifics
- Single Tenant Lowe’s
- Corporate Guaranteed NNN Ground Lease with 6 Years Remaining