Cleeman Realty Group is pleased to announce the $3,885,000 sale of a net lease CVS drugstore in Cornelius, North Carolina. The 10,791 SF building is located at 19305 W Catawba Avenue just 20 miles from downtown Charlotte. The high performing store has a long term lease and sits on a 1.24 acre site across from Publix and Harris Teeter.
David Kaufman and Michael Cleeman of Cleeman Realty Group represented the seller and Paul Trupia and Ed Breslin of Kentwood Capital represented the buyer in the transaction.
“the seller was able to sell into a strong 1031 exchange market and achieve a aggressive price based on the long term lease and high store sales volume” 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. 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, please contact one of our team members at www.cleeman.com