REBusinessOnline

AGREE REALTY CORP. ACQUIRES RETAIL PROPERTY FOR $2.9 MILLION IN ILLINOIS

SPRING GROVE, ILL. — Agree Realty Corp. has acquired a retail property, which is ground leased on a long-term basis to JPMorgan Chase Bank. The property is located on Route 12 near Spring Grove Road in Spring Grove. Agree purchased the building for $2.9 million from an undisclosed seller. Chase Bank has approximately 27 years remaining on the base term of the lease.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

Subscribe to the newsletter
Conferences


Webinars on Demand


Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties