I represented both the buyer and the seller in this off market transaction in July 2024. The property was sold to a buyer performing a tax-deferred 1031 exchange. the 1031 angle is important to mention, trades in that sector can be very lucrative and I want potential clients to know that I handle this work. The property sold for $3,135,000. It should also be listed that the property had a NNN lease in place at the time of the sale, with over 20 years left on the term.

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