Cleeman Realty Group is pleased to announce the $4,675,000 off-market sale of a Food City anchored retail center in Paintsville, KY. The 55,820 SF center is located at 330 N Mayo Trail and sits on roughly 5 acres of land. Food City recently exercised a long-term extension and has been at this location since 1989.
Jeremy Scheer and Michael Cleeman of Cleeman Realty Group represented the buyer in this transaction and Tyson Glasser of Realty Link represented the seller.
“The buyer was attracted to the long-term Food City lease and strong Food City sales volume,” said Scheer.
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