Cleeman Realty Group is pleased to announce the off-market sale of a single-tenant net leased Brookshire Brothers grocery store in Many, LA. Brookshire Brothers recently took over this location from Market Basket in 2019, the property has been a grocery store since the 1970’s. The property is located on approximately 2.33 acres and consists of 24,963 SF that is net leased to Brookshire Brothers.
Michael Cleeman and Sam Seelenfreund of Cleeman Realty Group represented the buyer and seller in this transaction.
“The buyer was attracted to the strong sales volume at the store and the NNN lease that has minimal landlord obligations,” said Cleeman. “This has been a family owned property for nearly fifty years,” said Seelenfreund, “and the family felt it was an opportune time to sell the asset given the strong market for net leased essential properties.”
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