Chad Minor Brokers Sale of $6.9M NNN CVS in Cave Creek, Arizona
NNN CVS in Cave Creek (Scottsdale) AZ Sold by Chad Minor of Solid Investments
Cave Creek, Arizona, September 30, 2016 (Newswire.com) - Chad Minor of Solid Investments, a nationally-recognized boutique real estate firm specializing in buyer representation of Triple Net (NNN) investment property sales, announced that the company has completed the sale of a single-tenant NNN CVS Pharmacy property located at 28138 N. Tatum Blvd. in Cave Creek, AZ. The sale price was $6,900,000 and was under contract within 30 days of being to brought to market.
Chad Minor noted, “This CVS asset was under a Absolute NNN Lease, contained no "rent-holiday" and was well positioned on a hard-corner, signalized intersection in the highly affluent Cave Creek, AZ community. Being in close proximity to Scottsdale, this location was strategically located between two existing CVS locations with zero competition in the immediate area."
The quick sale of the CVS in Cave Creek shows investors appetite for well-located, investment grade tenants with strong store sales.
Chad Minor, NNN INvestment Specialist
About Solid Investments
Solid Investments specializes in the sale of Triple Net (NNN) Commercial Investment Properties - where the Tenant is responsible for all property related expenses (taxes, insurance, maintenance & repairs). They work primarily with the buyer and assist with 1031 Exchanges, while providing a full professional service approach through every step of the buying process.
Solid Investments has sold over 155 NNN properties worth in excess of $360,000,000 since 2008.
For more information, visit www.solidinvestmentsfl.com
Media Contact
Company Name: Solid Investments
Contact Person: Chad Minor
Email: Chad@SolidInvestmentsFL.com
Phone: 941-524-9166
City: Lakewood Ranch
State: Florida
Source: Solid Investments