Bull Realty Arranges $4 Million NNN Retail Sale in Charlotte, NC

By: Bull Realty, Inc.
 
 
37 Sol
37 Sol
CHARLOTTE, N.C. - May 17, 2018 - PRLog -- Bull Realty brokered the sale of 37 Sol Southwest Kitchen & Tequila Bar in Charlotte, NC. The sale closed on May 10th for $4,030,534. The 6,000 SF retail property on 1.28 acres was built in 2017 and has a 20-year triple net lease with 4 five-year options. The restaurant has occupied the space since January 1st.

The team of Michael Bull, CEO, and Nancy Miller, President of the National Net Lease Investment Group with Bull Realty, represented the buyer. The seller, LFH SOL POM Property, LLC, was represented by Carl Brendes and Steve Horvath with Berkeley Capital Advisors, LLC.

"37 Sol is a new restaurant concept that got started in Charleston. This is the fourth location and is right in front of Charlotte Premium Outlets in a growing part of Charlotte. This is a repeat buyer who is doing a 1031 exchange with multiple properties wanting to diversify his portfolio with various types of single tenant properties," said Miller.

For more details and information, contact Nancy Miller at 404-876-1640 x 118 or email: NMiller@BullRealty.com.

For more information, contact Bull Realty at 404-876-1640 or Info@BullRealty.com - Bull Realty, Inc. (www.BullRealty.com) is a commercial real estate brokerage and advisory firm headquartered in Atlanta, licensed in nine states providing acquisition, disposition, leasing, property management and advisory services. The firm also produces and hosts America's Commercial Real Estate Show (www.CREshow.com).

Bull Realty NC License # C17910
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Source:Bull Realty, Inc.
Email:***@bullrealty.com Email Verified
Tags:Single Tenant Net Lease, Commercial Real Estate, 1031 Exchange
Industry:Real Estate
Location:Charlotte - North Carolina - United States
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