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Tuesday, September 7, 2010

Freestanding Single Tenant Grocery Store Sold

Sun Prairie, Wisconsin - Net Lease Properties information today is on a free-standing building leased to Copps Food Center. This leased property was acquired through a joint venture of Inland Real Estate Corp. of Oak Brook, Illinois. The commercial real estate was purchased for $11.7 million. Sun Prairie is approximately 14 miles North East of Madison, Wisconsin.

The net leased property is located at 640 East Main Street, in Sun Prairie, Wisconsin.
This free-standing retail building is 100% occupied by and leased to Copps Grocery Store. Copps Grocery Store is owned by Roundy's Supermarkets, Inc., a Milwaukee based grocer. Copps Grocery Store has a long-term lease for this 61,048 square foot retail building.

Inland Real Estate Corp. is a self-administered and self-managed publicly traded real estate investment trust (REIT). Inland owns interests in 142 open-air neighborhood and lifestyle shopping centers and single tenant, net lease properties.

We are always seeking Publix freestanding, Single Tenant Grocery Stores for sale. Publix Super Markets, Inc. is the dominant supermarket chain operating in Florida.

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