Cleeman Realty Group is pleased to announce the $2,750,000 sale of a free-standing retail property leased to Piggly Wiggly Supermarkets in Homerville, GA. The store is located on a 2.57 acre parcel and consists of a 21,000 sq ft building. The property had been operated as a Harveys Supermarket and was sold to a Piggly Wiggly operator in 2018.
Jacob Baruch represented the seller a private real estate company and Michael Cleeman represented the 1031 exchange buyer.
"The buyer was attracted to the long term lease that came with an Ahold Delhaize guarantee and a new roof that was recently put on the property” said Cleeman.
Cleeman Realty Group is a full-service real estate advisory and investment group, specializing in the investment sales of retail, multifamily and industrial properties throughout the United States. With offices in New York and New Jersey, the Cleeman Team utilizes deeply rooted industry contacts to identify and evaluate off-market transactions with unparalleled efficiency. To sell your property or to inquire about our available acquisition opportunities, contact our team at cleeman.com<