Cleeman Realty Group is pleased to announce the sale of a net-leased Piggly Wiggly located at 102 E 2nd Street in DeWitt, Arkansas. The property is situated on approximately 1.39 acres and serves as a key grocery destination within the local trade area.
Phil Futterman and Sam Seelenfreund of Cleeman Realty Group represented both the buyer and seller in the transaction.
The asset generated strong interest due to its essential retail use, established operating history, and importance within the community. Investors were particularly attracted to the stability of grocery tenancy and the consistent foot traffic associated with daily-needs retail.
“This transaction underscores the continued demand for necessity-based retail in smaller and tertiary markets,” said Seelenfreund. “Grocery assets that serve as primary shopping destinations within their communities continue to attract strong investor interest.”
Cleeman Realty Group continues to be a leader in advising and facilitating transactions for net lease investments and grocery-anchored properties nationwide.
For more information about Cleeman Realty Group and its services, please visit www.cleeman.com
About Cleeman Realty Group
Cleeman Realty Group specializes in the sale of retail and net-leased properties across the United States, providing strategic advisory services to investors, developers, and property owners. With a proven track record of success, the firm remains dedicated to delivering superior market insights and transaction expertise.