REBusinessOnline

NATIONAL NET LEASE ARRANGES $4.5M WALGREENS SALE

REYNOLDSBURG, OHIO — National Net Lease Realty has arranged the $4.8 million sale of a net-leased Walgreens property in Reynoldsburg. The 15,120-square-foot store was built in 2000 and is situated on 1.9 acres. Walgreens has eight years remaining on its lease, with an additional eight, five-year options to renew at the same rental rate. Terry Marks of National Net Lease Realty represented the buyer, Reynoldsburg WAG LLC, in the transaction. Transwestern Real Estate represented the seller, Reynoldsburg-W Investment LLC.

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