AEI CAPITAL CORP. PURCHASES BEST BUY STORE FOR $7.7 MILLION

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SHAKOPEE, MINN. — AEI Capital Corp. has purchased a 30,243-square-foot Best Buy property located at 8100 Old Carriage Court in the Minneapolis suburb of Shakopee. The approximately $7.7 million acquisition was purchased as part of AEI’s long-term investment strategy — using all-cash, without debt — to develop and acquire commercial real estate net leased to major credit tenants in prime locations. The store is situated in a recently completed retail property, adjacent to a Wal-Mart Supercenter, a Sam’s Club, a Home Depot and a Michael’s.

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