Just Sold! July Investment Sales

| Investment

Southeastern is pleased to announce in the month of July, the following investment sales have been closed thus far:

Chris Senn, Rhodes Seeger and Tommy Saul of the Southeastern Investment Sales Team facilitated the sell of 24,990 sq.ft. of small shops space located at 4900 Port Royal Road. The shopping center is anchored by Kroger and located in Springhill, TN. The property was purchased by a local investor. Tenants include Tito’s Mexican Restaurant, China Panda, Spring Hill Nail Salon, Great Clips, Remke Eye Care, Subway, Little Caesars’s, Star Physical Therapy, Linda Clark, Workout Anytime, TN Farm Bureau, Jimmy’s Cleaner and Hill Dental. The property closed in June 2017.


Spring Hill Shops | Springhill, TN

 

Chris Senn, Rhodes Seeger and Tommy Saul of the Southeastern Investment Sales Team facilitated the sell of 17,769 sq. ft. of small shops space located at 9225 Kingston Pike at the intersection of Cedar Bluff Road and Kingston Pike.  The shops are part of the Kroger Marketplace shopping center in Knoxville, TN.  Property was purchased by a local investor.  Tenants include Golden Wok, Pack and Mail, Newks, American Dental, Which Wich, GNC, Princess Nail Spa, Natural Alternatives.  The property closed in June 2017.


Cedar Bluff Shops | Knoxville, TN

 

Chris Senn, Rhodes Seeger and Tommy Saul of the Southeastern Investment Sales Team facilitated the purchase of McDonald’s, located in front of a Kroger. It is a 10 year ground lease. This was sold to a California investor and closed on May 2017 and is located in Cordova, TN.

The trio also facilitated the purchase of Denny’s, located in front of a Fry’s Food and Drug anchored shopping center. This is a 10 year lease that was sold to a California investor. The closing was in May of 2017 and is located in Phoenix, AZ.

The purchase of Burger King, located in front of a Fry’s Food and Drug anchored shopping center, was conducted by Chris Senn, Rhodes Seeger, and Tommy Saul as well. This is a 10 year lease that was sold to a California investor. This closing was in May of 2017 and is located in Phoenix, AZ.

Contact a member of the Southeastern Investment Sales Team with any acquisition/disposition opportunities.