Pinnacle Announces Single Tenant Net Lease Investment
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of a 14,000 square foot retail property sold for $5,100,000 located at 2525 Sugarloaf Parkway, Lawrenceville, GA. Liz Morgan and Cody Stambaugh of The Morgan Stambaugh Group assisting the Buyer in the Transaction.
“We were pleased to assist the Buyers in the purchase of the PetSuites of America investment in Lawrenceville, GA. The Buyers were in a 1031 Exchange, diversifying their portfolio. We were competing against multiple offers and were able to secure the opportunity by diligent research upfront to understand the strength of the tenant to give the Buyers confidence in the tenant and write a strong offer to beat out the competition. The Single Tenant Net Leased market is extremely competitive, and we are excited to continue to assist Buyers and Sellers nationwide in this product type,” stated Liz Morgan of The Morgan Stambaugh Group.
For more information on this sale please contact Liz Morgan or Cody Stambaugh.