Cleeman Realty Group is pleased to announce the $6,100,000 off-market sale of a net lease Winn Dixie supermarket in LaBelle, Florida. This is the second time that Cleeman has sold the property within the past 5 months. The 52,795 SF building is located at 960 S Main Street, sits on a 5.88 Acre lot and is adjacent to the LaBelle Airport. The store is the main supermarket destination in the city of Labelle which is approximately 30 miles east of Ft Myers.
Michael Cleeman of Cleeman Realty Group represented the seller and buyer in the transaction.
“the seller was able to make a quick profit on the transaction due to the cap rate compression in the market and the buyer was looking to add to a portfolio of net lease supermarkets” 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