Cleeman Realty Group is pleased to announce the $4,670,000 off-market sale of a net lease Food Lion in Lincolnton, NC. The 44,924 SF store is located at 742 Hwy 27 on 10.29 +/- acres. The site was a former Bi-Lo supermarket that was acquired by Food Lion.
Michael Cleeman of Cleeman Realty Group represented the buyer in this transaction and David Kaufman of Cleeman Realty Group represented the seller.
“The buyer was attracted to the high sales volume, low rent and strong tenant credit at this location,” 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